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LEVEL UP
TO THE NEXT
JOURNEY

  ANNUAL REPORT   The year 2024 is a remarkable year for PT Bank Syariah Indonesia Tbk (BSI). BSI has


        2024
                  set its course to "Level Up to the Next Journey" after successfully navigating its first
                  three years with numerous achievements worth celebrating. This level-up initiative is
                  being carried out across various aspects, including enhancing employee competencies
                  and capabilities, as well as improving BSI’s financial performance to strengthen its
                  competitiveness in the global market. In 2024, BSI will continue to move forward and
                  transform towards a new era that is more advanced, innovative and in line with the
                  needs of the times. BSI strives to continue to develop, strengthen its position in the
                  market, and become more relevant to technological developments, economic dynamics,
                  and the public's desire for more modern and sustainable banking products.


                  BSI has carried out digital transformation and innovation in products and services. This
                  bank is committed to providing services that are more efficient and more in line with
                  technological developments. To be able to adapt to global trends and existing challenges,
                  the bank is making innovations in sharia financial products, sustainability, as well as
                  efforts to reach more new customers, especially through digital platforms. The various
                  transformations that the bank has carried out in 2024 have achieved good performance
                  in terms of asset growth, increased profits, as well as wider expansion throughout
                  Indonesia and the global market. Going forward, the bank will be able to strengthen its
                  competitiveness in both the domestic and international sharia banking markets. In this
                  way, BSI is increasingly recognized as a superior sharia bank, which is able to compete
                  with conventional banks and other financial institutions.




                                                                        PT Bank Syariah Indonesia Tbk
                                                                                 2024 Annual Report
                                                                                                         1
Page 4
Theme
Continuity


    Expanding, Accelerating,
    Sustainable Growth

    The year 2023 marks a significant milestone for Bank Syariah Indonesia
    (BSI). On August 17, 2023, the Bank upgraded its representative office
    in Dubai, United Arab Emirates, to a full branch office. This change
    in status will greatly help BSI expand and maximize its global market
    potential. This strategic policy is projected to help the Bank accomplish
    its goal of being a “Top 10 Global Islamic Bank”.


    The Bank’s expansion extends beyond the improvement of its
    international    operational     network   and   finance   disbursement.
    Acceleration activities continue to be carried out by developing
    digital services to give clients with the most comprehensive, secure,
    and convenient services while expanding market access. The Bank
                                                                                2023
    continues to ensure the security and confidentiality of data from
    digital access through the implementation of governance and risk
    management in information technology.


    In order to support these expansion and acceleration operations, BSI
    created Business Continuity Management (BCM) procedures and
    reinforced its organizational management. BSI anticipates that the
    strategic policies and achievements in 2023 will contribute to higher
    growth in the Bank’s performance.


    The many initiatives and innovations implemented have resulted in
    continuous, balanced, and long-term performance growth for BSI. This
    is also a positive step in boosting the national economy.


    At the same time, as Indonesia’s largest Sharia bank, BSI continues to
    develop and help MSMEs in progressing to the next level. The Bank is
    also working to strengthen the “Islamic Ecosystem” in order to become
    more competitive on a global scale.




     PT Bank Syariah Indonesia Tbk
2    2024 Annual Report
Page 5
                                            Collaboration
                                            to Accelerate Growth

                                            The year 2022 marks the first full year of PT Bank Syariah Indonesia
                                            Tbk’s (“BSI”) operations to be conducted comprehensively and
                                            integratively, following the establishment of “Operational Day 1”
                                            on November 1, 2021. Throughout the year, BSI consistently built
                                            synergies between the strengths of three large Islamic banks into one,
                                            both in terms of capital, information technology, service infrastructure
                                            and a variety of products and services. BSI also moved quickly to
                                            collaborate with various elements in Indonesia’s Islamic economic
                                            ecosystem. These synergy and collaboration steps have proven to be
                                            able to drive BSI’s performance to a satisfactory level, as the spearhead
                                            of Islamic banking in the national banking landscape.
2022




New Energy
for Indonesia

PT Bank Syariah Indonesia Tbk (BSI) is just one year old, being formed
by the merging of 3 (three) Islamic banks that are members of the
Association of State-Owned Banks (Himbara). The establishment
of this bank on 1 February 2021 was immediately inaugurated by
President Ir. H. Joko Widodo at the State Palace.


BSI has accomplished incredible things at such a young age. The
average financial performance increased. The integration of legacy
banks’ operating functions is also going well. BSI has also opened a
representative office in Dubai, the world’s financial capital.


All of this is due to the hard work, innovation, and dedication of all BSI
                                                                                                             2021
employees, as well as the support of stakeholders, who enable the Bank
to provide excellent services. On this foundation, we will all strengthen
our commitment and renew our passion to make Bank Syariah Indonesia
stronger so that it can become New Energy for Indonesia.




                                                                                         PT Bank Syariah Indonesia Tbk
                                                                                                  2024 Annual Report
                                                                                                                         3
Page 6
Table of Contents
 Theme and Meaning of Theme               1     Association Memberships              89     Marketing Aspect                  164
 Theme Continuity                         2     Organizational Structure             90     Cutsomer Complaints
                                                                                                                              169
                                                                                            Management
 Table of Contents                        4     Board of Directors Profile           92
                                                                                            Operational Review Per
 Company Overview                         6     Board of Commissioners Profile      107                                       170
                                                                                            Business Segment
 Milestones                               8     Sharia Supervisory Board            122
                                                                                          Financial Review                    178
 Our Best Contribution                   10     Employee Profile                    135     Financial Performance             178
                                                  Number of Employees by Gender     135     Debt Payment Ability and
                                                                                                                              194
                                                  Number of Employees by Position   135     Receivables Collectibility
Performance at a Glance
                                                  Number of Employees by Age                Productive Asset Quality
                                                                                    135                                       196
                                                  Range                                     Analysis
    Key Performance Achievements
                                         14
    2024                                          Number of Employees by                    Capital Structure                 200
                                                                                    136
    Overview of Key Financial Data       18       Education Level                           Risk Exposure and Capital
                                                                                                                              203
                                                  Number of Employees by                    Information
    Operational Overview                 21                                         136
                                                  Employment Status                         Material Agreement for Capital
    Stock Price Information              22                                                                                   241
                                                Shareholder Composition             137     Investment
    Information on Bonds, Sukuk, and/                                                       Capital Goods Investment          241
                                         24     Main and controlling shareholder    144
    or Convertible Bonds
                                                List of Subsidiaries, Associated            Commitments and
    Information on Other Funding                                                    144                                       242
                                         24     Entities and Joint Venture                  Contingencies
    Sources
                                                Company Group Structure             145     Material Information and Facts
    Event Highlights                     26                                                 After the Accountant's Report     243
                                                Informasi Kelompok Usaha Bank       145     Date
                                                Chronology of share listing         146     Business Prospects and Future
                                                                                                                              244
Report of the Board of Directors,               Chronology of Issuance and/or
                                                                                            Strategy for 2025
                                                                                    146
Board of Commissioners and                      Listing of Other Securities                 Target Achievement and Future
                                                                                                                              246
Sharia Supervisory Board                        Information on the Use of Public
                                                                                            Targets
                                                Accountant (AP) and Public          148     Dividend Policy,
    Report from the Board of Directors   32     Accounting Firm (KAP) Services                                                253
                                                                                            Announcement, and Payment
    Report from the Board of                    Name and Address of Supporting              Realization of Fund Utilization
                                         44                                         149                                       254
    Commissioners                               Institutions and/or Professionals           from Public Offering
    Report of the Sharia Supervisory            Awards and Certifications           151     Material Information on
                                         52
    Board                                                                                   Investment, Expansion,
                                                Information on Website              156
                                                                                            Divestment, Merger/               256
 Responsibility for
                                         56                                                 Consolidation, Acquisition, and
 the 2024 Annual Report
                                                                                            Debt/Capital Restructuring
                                              Management Discussion and                     Material Transactions Involving
                                              Analysis on Performance                       Conflicts of Interest and/or
                                                                                                                              258
Company Profile                                                                             Transactions With Affiliated
                                                                                            Parties
                                                Economic Review                     160
    Corporate Identity                   60
                                                                                            Changes in Laws and
                                                  Global Economic Analysis          160                                       264
    Name and Address of Regional                                                            Regulations and Their Impacts
                                         62
    Office and Branch Office                      National Economic Analysis        161
                                                                                            Changes In Accounting Policies    266
    Company Brand                        71       Sharia Banking Industry
                                                                                    161     Bank’s Soundness Level            266
                                                  Analysis
    Brief History Company                72
                                                                                            Business Continuity
                                                  Analysis of BSI Position In the                                             267
    Vision, Mission and Corporate                                                   162     Information
                                         74       Banking Industry
    Culture
                                                                                            Disclosure of Governance,
                                                Operational Review                  164
    Business Activities                  76                                                 Management, and Control           267
                                                  Bank Strategy                     164     Framework for Tax Aspects
    Operational Areas                    84




      PT Bank Syariah Indonesia Tbk
4     2024 Annual Report
Page 7
    Maximum Funding Limit                 Basis and Guidelines for                           Administrative Sanctions
                                    268                                       293
    (BMPD)                                Implementing GCG                                   Imposed on The Company,
                                                                                             Members of The Board
    Spot and Forward Transactions   269   Corporate Governance Structure
                                                                              295            of Commissioners, and            460
                                          and Mechanism
                                                                                             Directors by The Capital
                                            Corporate Organ Structure         295            Market Authority and Other
                                                                                             Authorities
                                            Governance Soft Structure         296
Human Capital                                                                                Access to Company
                                            Corporate Governance                                                              462
                                                                              296            Information and Data
  Human Capital Management                  Mechanism
                                    272                                                      Code of Conduct                  474
  Strategy
                                               Shareholders                   296
  Human Capital Management                                                                   Long-Term Compensation
                                    273        GMS                            297                                             477
  Policy and Implementation                                                                  Policy Based on Performance
                                               Board of Directors             307            Whistleblowing System            477
    Recruitment                     273
                                               Board of Commissioners         329            Anti-Corruption Program          479
    Competency Development          273
                                               Sharia Supervisory Board       358            Conflict of Interest
    Career Development              275                                                                                       483
                                               Nomination and                                Management
    Performance Assessment          275
                                               Remuneration of The Board                     Insider Trading                  483
                                                                              370
    Remuneration                    275        of Directors and Board of
                                               Commissioners                                 Provision of Funds to
    Pension Program                 275                                                      Related Parties and Large        484
                                               Board of Directors and                        Fund Provision
  System and Infrastructure Human              Board of Commissioners         372
                                    276
  Capital                                      Diversity Policy                              Transparency of Financial
                                                                                             and Non-Financial                485
  Internalization of Culture        277        Transparency of Share                         Conditions of BUS
  Disclosure of Information                    Ownership of The Board
                                    278        of Directors, Board of         375            List of Consultants, Advisors,
  to Employees
                                               Commissioners, and                            or Equivalent Entities           485
  Human Capital Management                     Sharia Supervisory Board                      Engaged by BUS
                                    279
  Structure
                                               The Board of Commissioners                    Number of Internal Frauds
  Human Capital Work Plan 2025      279        Supporting Bodies and          376            that Occurred and Efforts to     485
                                               Committees                                    Resolve Them

                                               Organs and Committees                         Buy Back Shares and/or Buy
                                                                              408                                             485
                                                                                             Back Obligasi
Information Technology                         Under the Board of Directors

                                               Implementation of                             Distribution of Funds for
  Master Plan and Information                  Governance in Providing                       Social Activities, Both
                                    282                                       430                                             485
  Technology Strategy                          Remuneration for Islamic                      Amount and Recipients of
                                               Commercial Banks                              Funds
  Information Technology
                                    282                                                      Non-Halal Income and its
  Innovation                                   Public Accountant              436                                             486
                                                                                             Use
  Information Technology                       The Internal Control System    437
                                    283                                                   Implementation of Integrated
  Infrastructure                                                                                                              486
                                               Risk Management                442         Governance
  Information Technology
                                    283        Compliance Function            449         Implementation of the
  Governance
                                               Anti-Money Laundering,                     Guidelines for Public Company       489
  Information Technology                                                                  Governance
                                    288        Prevention of Terrorism
  Management Structure
                                               Financing, And Prevention of               Good Corporate Governance
                                                                              456                                             492
  2025 Information Technology                  Proliferation of Weapons of                Assessment
                                    288
  Work Plan                                    Mass Destruction Financing
                                               Program (AMLCFTPFWMD)

                                               Lawsuit                        458
                                                                                    Social and Environmental
                                                                                                                              502
Corporate Governance                                                                Responsibility

                                                                                    OJK References Index                      505
  Commitment to Governance
                                    292
  Implementation                                                                    Financial Information                     526

  Achievements in Corporate
                                    292
  Governance Implementation




                                                                                             PT Bank Syariah Indonesia Tbk
                                                                                                      2024 Annual Report
                                                                                                                               5
Page 8
Company
Overview


                     Product
                     and Services:
                     Individual, Corporate,
                     Digital Banking and
                     Cards




                          Establishment Date:


                          February 1, 2021




    PT Bank Syariah Indonesia Tbk
6   2024 Annual Report
Page 9
          Share Ownership:


State of the Republic of Indonesia             0.00%

PT Bank Mandiri (Persero)                    51.47%

PT Bank Negara Indonesia (Persero)           23.24%

PT Bank Rakyat Indonesia (Persero)           15.38%

Public                                         9.91%




           Number of Employees:


           17,234                           people




                       PT Bank Syariah Indonesia Tbk
                                2024 Annual Report
                                                       7
Page 10
Milestones


                                                                                                                  • Launch of the 7 working
                                     • Bank Indonesia issued business licenses                                      cultures of BRIsyariah:
                                       through letter No.10/67/kep.GBI/                                             PASTI PK, i.e., professional,
                                       dpG/2008.                                                                    enthusiast, HR Awards,
                                     • On October 16, 2008, PT Bank                                                 tawakal, integrity, business
                                       BRIsyariah officially began operating                                        orientation, and customer
                                       under Islamic Sharia principles,                                             satisfaction.
                                       transitioning from traditional operations.         On July 1, 2009,        • Live core Banking System
                                     • On December 19, 2008, the Sharia                   Sofyan Djalil,            SyIAR (Sharia Integrated
                                       Business unit of PT Bank Rakyat                    State Minister            & Automated Realtime)
    PT Bank Rakyat                     Indonesia (persero) Tbk was separated              for State Owned           equipped with electronic f
    Indonesia (Persero)                and merged into PT Bank BRISyariah                 Enterprises,              inancing originating system
    Tbk acquired Bank                  (spin-off process), effective January 1,           officially launched       (efoS) and management
    Jasa Arta.                         2009.                                              BRIsyariah.               Information System (mIS).




          2007                                        2008                                     2009                           2010




                                                           • In commemorating its 11th anniversary,
                                                             BRIsyariah develops technological
                                                             innovation for internal business processes
            BRIsyariah developed i-Kurma                     to accelerate customer services, which             BRIsyariah go public on May 9,
            Gen 2 to increase service quality                was Kemaslahatan for Madani People                 2018 on the Indonesia Stock
            for the customer. I-Kurma Gen                    (i-kurma). Kurma is a digital application for      Exchange, conducting an Initial
            2 is a development from the                      microfinance processing.                           Public Offering for 2,623,350,600
            previous application to accelerate             • The commencement of Qanun Sharia                   shares to both domestic and
            the microfinance disbursement                    financial institution implementation in Aceh       foreign investors with a nominal
            application process.                             by BRI and BRIsyariah.                             value of Rp500 per share.




                          2020                                                2019                                           2018




            Bank Syariah Mandiri and BNI                        BSI was able to complete the
            Syariah merged with BRIsyariah                      first rights issue process through
            into one entity, i.e., Bank Syariah                 Pre-emptive Rights. This process
            Indonesia (BSI), on February 1,                     was oversubscribed by 1.4 times                 BSI has officially obtained a full
            2021, which coincided with 19                       and generated additional capital of             license to operate in Dubai, United
            Jumadil Akhir 1442 H.                               around Rp5 trillion.                            Arab Emirates.




                          2021                                                2022                                           2023




       PT Bank Syariah Indonesia Tbk
8      2024 Annual Report
Page 11
                                                                     • BRIsyariah developed the
                                                                       Sharia Officer Development
                                                                       Program (SODP) to create
                               • BRIsyariah has established            bankers who have great
                                 itself as the world’s first           competence in Islamic banking
                                 sharia bank to offer mobile           and a common understanding            • Launch of BRIsyariah
                                 banking services in 4 (four)          of the BRIsyariah business.             internet banking.
                                 online markets: Blackberry          • Rebranding of Tabungan                • Implementation of an
                                 App World, Google Play,               BRIsyariah iB becomes                   electronic financing
                                 Apple Store, and Nokia                Tabungan Faedah BRIsyariah iB           support application (Appel)
Implementation of                Store.                              • Bank Indonesia approved                 to support the financing
Sharia Services at 18          • Launch of Tabungan Impian             BRIsyariah as a foreign                 disbursement process
BRI Branch Offices.              BRIsyariah.                           exchange bank.                          quickly and accurately.




      2011                               2012                                    2013                                  2014




• The first Islamic bank disbursed Rp58,1 billion in KUR
  syariah to 2578 customers.                                                              • OJK appointed BRIsyariah as Indonesia’s
• Distributed SBUM (Down Payment Assistance                                                 First Movers in Sustainable Banking.
  Subsidy) to ASN and the private sector for FLPP KPR                                     • BRIsyariah became the first Sharia Bank
  f inancing in 2017, totaling Rp950 billion.                   BRIsyariah issued           in Indonesia to launch Laku Pandai
• Designated by the Ministry of Finance of the                  BRIsyariah                  Syariah BRISSMARt.
  Republic of Indonesia as the recipient bank for               Subordinated              • BRIsyariah received approval from the
  electronic state tax collectors through the second            Mudarabah Sukuk I           Ministry of Finance of the Republic
  generation national Income Generation module                  2016 to strengthen          of Indonesia as a participant in the
  (MPN) for corporate and individual taxpayers.                 its capital base.           StateSharia Securities (SBSN) auction.




                        2017                                        2016                                  2015




                                                                                                       2024


              • The First Sustainability Sukuk Issuance in Indonesia
              • Launching of BYOND by BSI




                                                                                                        PT Bank Syariah Indonesia Tbk
                                                                                                                 2024 Annual Report
                                                                                                                                             9
Page 12
Our
Best Contribution

First Sustainability Sukuk Issuance
in Indonesia
BSI is highly committed to continuing to be involved in climate change mitigation actions and sustainable development through
sustainable financing programs and financing. The bank is ready to encourage the transition to a green economy through the
implementation of sharia financial instruments that focus on environment, social, governance (ESG). For this reason, BSI issued the
first ESG sukuk instrument in Indonesia in the form of the BSI Sustainability Sukuk or Sustainability Sukuk Mudharabah. These sharia
securities with assets (business activities) as the basis (underlying sukuk) support finance in the categories of Environmentally Aware
Business Activities (KUBL) and Socially Aware Business Activities (KUBS). This instrument will provide different values for investors,
providing great economic, social and environmental benefits.


BSI has obtained permission from OJK through POJK No. 18              BSI saw that the global green bond market had developed
of 2023 to issue sukuk up to IDR 3 trillion. This Sustainability      rapidly in recent years and saw an opportunity to help develop
Sukuk in Rupiah currency is offered in a Sustainable Public           this new instrument to finance sustainability projects through
Offering (PUB) and is expected to provide a yield range of            the issuance of Sustainability Sukuk. BSI will also regulate
6.40% - 7.20% for a period of 1.2 and 3 years. The presence           the management and use of funds, evaluation and selection
of Sustainability Sukuk is an innovation that can enrich sharia       of projects as well as management of results and reporting
financial instruments in Indonesia. Moreover, this innovation         mechanisms. BSI as the largest sharia bank pioneered the
is categorized as an instrument that prioritizes economic             issuance of sustainability sukuk in Indonesia. Sustainability
sustainability as well as BSI's contribution to mitigating            Sukuk combines environmentally friendly and socially insightful
climate change and realising green economic development,              business activities to support the achievement of sustainable
while always providing benefits to the people.                        development goals while also encouraging the achievement
                                                                      of sustainable financing contribution targets determined
                                                                      nationally.




     PT Bank Syariah Indonesia Tbk
10   2024 Annual Report
Page 13
BYOND
by BSI
PT Bank Syariah Indonesia Tbk (BSI) officially launched
BYOND by BSI as an answer to the public's need for
increasingly complex banking and financial services
in the digital era. BYOND by BSI is a SuperApp for
comprehensive financial, social and spiritual services
that are easier and more convenient to access,
with maximum security. BYOND by BSI can fulfill
expectations and provide comprehensive solutions
to various community needs related to sharia banking
services and the Islamic economic ecosystem. Then
matters related to Umrah and Hajj services can also
be synergized with BSI accessibility in the future.


BYOND by BSI is not just a SuperApp for banking
services but also the result of BSI's ongoing              BYOND is designed to provide a more intuitive and relevant banking
transformation in responding to various challenges         experience for the younger generation, especially those who want fast and
in the era of digitalization. BSI will always be           easy transaction processes. To create innovation, BSI also plays a big role
agile in developing new products in line with              in creating new ways of working by building a Digital Lab. Here, BSI applies
digitalization. This transformation is also in line with   agile concepts, allowing teams to work in short cycles to quickly test and
the new government program that is to encourage            refine BYOND features. One of the results, there are five solutions offered
digital infrastructure. BYOND by BSI continues to          by BYOND by BSI, which are also different from BSI Mobile: updating
develop according to people's needs by providing           technology, modernizing the appearance of the application (New UI/UX),
convenience, speed, comfort but also focusing on           re-branding, new work methods and ecosystem.
transaction security. "In accordance with the tagline
#SemuaJadiMudah, with BYOND by BSI everything is           In addition, in designing BYOND, customer security is a top priority.
easy, for anyone, anytime and anywhere."                   BYOND is built with multiple layers of security to protect customers. First,
                                                           to activate, customers must enter their PIN and debit card data. Second,
BYOND by BSI is supported by capable IT                    BYOND implements a fraud detection system (FDS) which can recognize
technology and infrastructure because it includes the      anomalous transaction patterns. Third, BYOND is equipped with a
development of new technology, improving cyber             hardware security module (HSM). This is a high technology used to protect
security and infrastructure. As a super application        PIN and customer data in a very secure form. BYOND's security process is
that goes beyond banking, BYOND comes with                 also very strict. Each feature goes through various tests—grey box, white
better technology. With a user interface (UI) and          box, and black box penetration tests—to ensure that there are no chances
user experience (UE) that is more sophisticated and        that can be used by irresponsible parties.
fresher, it can continue to meet the needs of more
sophisticated customers, which are becoming more
dynamic day by day in line with current and future
developments.




                                                                                                    PT Bank Syariah Indonesia Tbk
                                                                                                             2024 Annual Report
                                                                                                                                    11
Page 14
PERFORMANCE
HIGHLIGHTS
     PT Bank Syariah Indonesia Tbk
12   2024 Annual Report
Page 15
01




PT Bank Syariah Indonesia Tbk
         2024 Annual Report
                                13
Page 16
PERFORMANCE
HIGHLIGHTS




Key Performance Achievements
in 2024




               Asset

               IDR
                         408.61          Trillion




                     15.55% yoy




            Third-party funds                       NPF Gross

         IDR
                  327.45             Trillion       1.90%
                      11,46% yoy                    (0.18)% yoy



     PT Bank Syariah Indonesia Tbk
14   2024 Annual Report
Page 17
      Fee Based Income

      IDR
            5.56   Trillion               32.16%
                                            yoy




      Net income

      IDR
            7.00   Trillion               22.83%
                                            yoy




ROE

                              0.89
                                      %

                                yoy


17.77%



                                            PT Bank Syariah Indonesia Tbk
                                                     2024 Annual Report
                                                                            15
Page 18
PERFORMANCE
HIGHLIGHTS




                                                       Mobile Banking
                                                                  User Registration BYOND
                                                                  by BSI + BSI Mobile


                                                                  7.99 Million
                                                                           26.6% yoy
             Assalamualaikum,
             Aisyah!
             semangat jalani hari ini!                            Number of Transactions



                                                                  546 Million
                                                                           45.2% yoy


                                              User Registration

                     Since Launching
                     November 2024            1.98 Million                          405.5% Mtm



Third party
Award

                                            30 World's Most            Euromoney Awards for
                                         Trustworthy Companies            Excellence 2024
                                                 2024                  Indonesia's Best Digital Bank
                                           The Category of Bank                    2024
                                           Newsweek Version of
                                             66 World Banks




     PT Bank Syariah Indonesia Tbk
16   2024 Annual Report
Page 19
Zakat

 2024                                            Company Zakat         Employee Zakat


                                                 232.1 B               36.5 B

                        20,53%

Total Zakat


268,6 B




  The Digital Banker Global        Anugerah ESG Republika             Good Corporate
   Islamic Finance Award                Award 2024                 Governance Award 2024
   Best Islamic Wealth Manager -    Best Practices in Regulation       CGPI Award 2024
             Indonesia                      Compliance               (Most Trusted Category)




                                                                    PT Bank Syariah Indonesia Tbk
                                                                             2024 Annual Report
                                                                                                    17
Page 20
PERFORMANCE
HIGHLIGHTS




Overview of
Key Financial Data

Report of Financial Position
                                                                                         (in IDR Millions)



                             Descriptions                  2024          2023          2022*

ASSETS

Cash                                                       8,080,689     5,255,841     4,951,469

Current Accounts and Placements with Bank Indonesia       49,966,279    32,440,778    31,778,458

Current Accounts and Placements with Other Banks - Net     3,866,065     2,303,728     2,475,917

Investment in Marketable Securities - Net                 62,216,518    71,169,020    57,841,271

Acceptance Receivables - Net                                183,294       426,916       476,589

Murabahah Receivables - Net                              140,025,625   132,154,963   120,700,195

Istishna Receivables - Net                                        11            28           131

Ijarah Receivables - Net                                    169,901       205,167          1,653

Funds of Quardh - Net                                     12,986,090    10,489,164     8,867,013

Mudharabah Financing - Net                                 2,843,591     1,831,652     1,001,957

Musyrakah Financing - Net                                109,042,087    83,756,501    66,450,946

Assets Acquired for Ijarah - Net                           3,122,255     2,190,107     1,484,573

Fixed Assets and Right-of-Use Assets - Net                 7,723,853     5,352,843     5,396,010

Intangible Assets - Net                                    2,102,344     1,128,334      258,688

Deferred Tax Assets                                        2,056,727     1,665,694     1,675,103

Other Assets - Net                                         4,228,103     3,253,388     2,367,465

TOTAL ASSETS                                             408,613,432   353,624,124   305,727,438

LIABILITIES, TEMPORARY SHIRKAH FUNDS AND EQUITY

LIABILITIES

Obligations Due Immediately                                 858,643      1,316,067     1,009,502

Undistributed Revenue Sharing                               291,578       255,932       192,775

Wadiah Deposits

     Wadiah demand deposits                               19,147,079    20,847,524    21,797,852

     Wadiah savings deposits                              55,280,067    47,026,374    44,214,405

Deposits from Other Banks

     Wadiah demand deposits                                 174,879       125,337       142,388

     Wadiah Savings deposits                                   8,985         7,788         1,309

Interbank Mudharabah Investment Certificate (“SIMA”)       3,366,650     1,628,176     2,075,000

Sharia Compliant Interbank Fund Management Certificate
                                                            600,834              -               -
("SIPA")

Liabilities to Bank Indonesia                             18,417,864    11,900,055               -

Acceptance Liabilities                                      185,145       431,228       481,403

Taxes Payable                                               889,642       539,042       667,485

Employee Benefits Liabilities                               534,730       667,264       689,018

Estimated Losses on Commitments and Contingencies            24,045        32,017        28,873

Other Liabilitie                                           5,867,830     2,446,107     2,355,781



       PT Bank Syariah Indonesia Tbk
18     2024 Annual Report
Page 21
                              Descriptions                       2024           2023                      2022*

 TOTAL LIABILITIES                                             105,647,971     87,222,911                73,655,791

 TEMPORARY SYIRKAH FUNDS

 Mudharabah demand deposits                                     37,235,801     32,417,260                22,754,968

 Mudharabah savings deposits                                    85,790,658     78,280,185                72,897,352

 Mudharabah time deposits                                      130,678,867    115,984,789               100,760,342

 Subordinated sukuk mudharabah                                     200,000        200,000                 1,375,000

 Issued mudharabah sukuk                                         3,018,563          3,608                            -

 Mudharabah term financing                                       1,000,000        776,250                   778,375

 TOTAL TEMPORARY SYIRKAH FUNDS                                 257,923,889    227,662,092               198,566,037

 EQUITY

 Paid in Capital                                                23,064,630     23,064,630                23,064,630

 Additional Paid-in Capital                                     (3,929,100)    (3,929,100)               (3,929,100)

 Gain on revaluation of fixed assets                               553,440        444,530                   444,530

 Remeasurement of employee benefit liabilities - net of tax        347,644        241,462                   268,904

 Gain/(Loss)

 Marketable Securities - Net                                       (56,814)         6,154                   (55,477)

 Appropriated retained earnings                                  3,377,462      2,236,713                 1,384,677

 Unappropriated retained earnings                               21,684,310     16,674,732                12,327,446

 TOTAL EQUITY                                                   45,041,572     38,739,121                33,505,610

 TOTAL LIABILITIES, TEMPORARY SYIRKAH FUNDS,
                                                               408,613,432    353,624,124               305,727,438
 AND EQUITY


*Direklasifikasi




Report of Profit Loss and Other Comprehensive Income
                                                                                                             (in IDR Millions)



                              Descriptions                       2024           2023                       2022

 Income from Fund Management As Mudharib                        25,298,203     22,251,743                19,622,865

 Third Parties’ Share on Return                                 (7,889,029)    (5,993,168)               (4,032,169)

 Bank’s Share In Profit                                         17,409,174     16,258,575                15,590,696

 Other Operating Income                                          5,556,479      4,204,466                 3,701,111

 Operating Expenses                                            (11,793,642)   (10,249,204)               (9,895,336)

 Provision Expense for Impairment Losses on Earning and Non-
                                                                (1,893,867)    (2,622,479)               (3,748,797)
 Earning Assets – Net

 Income from Operation                                           9,278,144      7,591,358                 5,647,674

 Non-Operating Income – Net                                          4,312         (2,156)                     8,534

 Income Before Zakat and Tax Expense                             9,282,456      7,589,202                 5,656,208

 Zakat                                                           (232,061)      (189,730)                  (141,405)

 Tax Expense                                                    (2,044,507)    (1,695,729)               (1,254,621)

 Net Income                                                      7,005,888      5,703,743                 4,260,182

 Total Other Comprehensive Income – Net of Tax                     152,124         34,189                    50,893

 Total Comprehensive Income                                      7,158,012      5,737,932                 4,311,075

 Basic Earnings Per Share (Full Amount)                             151,88         123,65                    102,54

 Diluted Earnings Per Share (Full Amount)                           151,88         123,65                    102,54




                                                                                       PT Bank Syariah Indonesia Tbk
                                                                                                2024 Annual Report
                                                                                                                          19
Page 22
PERFORMANCE
HIGHLIGHTS




Cash Flow Report
                                                                                                   (in IDR Millions)



                             Descriptions                          2024           2023           2022

CASH FLOWS FROM OPERATING ACTIVITIES

Net Cash Generated from Operating Activities                       6,812,261      2,041,035      1,885,530

CASH FLOWS FROM INVESTING ACTIVITIES

Net cash generated from/ (used in) investing activities            6,345,483    (11,404,359)     5,994,708

CASH FLOWS FROM FINANCING ACTIVITIES

Net Cash Generated from Financing Activities                       8,749,006     10,162,997      4,798,909

NET INCREASE IN CASH AND CASH EQUIVALENTS                         21,906,750        799,673     12,679,147

CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR                    40,021,092     39,221,419     26,542,272

CASH AND CASH EQUIVALENTS AT THE END OF YEAR                      61,927,842     40,021,092     39,221,419




Report on Reconciliation of Income and Profit Sharing
                                                                                                   (in IDR Millions)



                             Descriptions                          2024           2023           2022

Revenue from Fund Management as Mudharib                          25,298,203     22,251,743     19,622,865

Deductions

Current year income in which its cash and cash equivalents has
                                                                  (1,787,637)    (1,691,143)    (1,576,539)
not been received

Additions

Previous year income in which its cash and cash equivalent was
                                                                   1,691,143      1,576,539      1,429,789
received during current year

Available income for profit sharing                               25,201,709     22,137,139     19,476,115

Bank’s share in profit-sharing                                   (17,312,680)   (16,143,971)   (15,443,946)

Third parties’ share on return                                     7,889,029      5,993,168      4,032,169




Report on Sources and Distribution of Zakat Funds
                                                                                                   (in IDR Millions)



                             Descriptions                          2024           2023           2022

Sources of Zakat Funds

     Internal bank                                                   232,061        189,730        141,405

     External bank

       Employees                                                      36,452         33,041         31,661

       Customers and public                                           38,743         34,731         38,656

                                                                     307,256        257,502        211,722

Distribution of Zakat Funds

     Distributed to other institutions                             (268,348)      (205,881)      (170,771)

Decrease in zakat funds                                               38,908         51,621         40,951

Beginning balance of zakat funds                                     196,774        145,153        104,202

Ending balance of zakat funds                                        235,682        196,774        145,153




       PT Bank Syariah Indonesia Tbk
20     2024 Annual Report
Page 23
Statements of Sources and Uses of Qardhul Hasan Funds
                                                                                                           (in IDR Millions)



                              Descriptions                        2024        2023                       2022

Sources of Qardhul Hasan Funds

   Infaq and shadaqah                                               84,691      63,947                     73,857

   Penalty                                                          21,972      17,915                     12,877

   Non-halal income                                                  1,240       1,733                       3,168

   Others                                                            4,094             -                           -

                                                                   111,997      83,595                     89,902

Use of qardhul hasan fund

   Donations                                                      (117,028)    (80,736)                  (108,831)

Increase/(decrease) in charitable funds                             (5,031)      2,859                    (18,929)

Beginning balance of qardhul hasan funds                             9,907       7,048                     25,977

Ending balance of qardhul hasan funds                                4,876       9,907                       7,048




Financial Ratio
                                                                                                           (in IDR Millions)



                              Descriptions                        2024        2023                       2022

Liquidity
Financing to Deposit Ratio (FDR)                                     84.97       81.73                       79.37
Loan quality
Non Performing Financing (NPF) Gross                                  1.90        2.08                         2.42
Non Performing Financing (NPF) Nett                                   0.50        0.55                         0.57
Profitability
Cost to Income Ratio (CIR)                                           50.89       49.86                       51.01
Operating Expenses to Operating Income (BOPO)                        69.93       71.27                       75.88
Return on Assets (ROA)                                                2.49        2.35                         1.98
Return on Equity (ROE)                                               17.77       16.88                       16.84
Net Return (NI)                                                       5.66        5.82                         6.31
Profit (Loss) to Revenue Ratio                                       22.71       21.56                       18.27
Liabilities to Total Assets Ratio                                    88.98       89.05                       89.04
Liabilities to Equity Ratio                                         807.19      812.83                     812.47
Productive Assets
Non-Performing Productive and Non-Productive Assets to Total
                                                                      1.11        1.21                         1.35
Productive and Non-Productive Assets
Non-Performing Productive Assets to Total Productive Assets           1.39        1.54                         1.79
Allowance for Impairment Losses on Financial Assets to
                                                                      2.72        2.99                         3.29
Productive Assets
Capitalization
Minimum Capital Requirement Ratio (KPMM)                             21.40       21.04                       20.29
Compliance
Percentage of Violations and Exceedances of Legal Lending Limit
                                                                      0.00        0.00                         0.00
(BMPD)
Statutory Reserve Requirement ( IDR )                                 4.83        6.76                         8.30
Statutory Reserve Requirement (Foreign Currency)                      1.46        1.13                         1.18
Net Open Position                                                     2.26        2.47                         0.57




                                                                                     PT Bank Syariah Indonesia Tbk
                                                                                              2024 Annual Report
                                                                                                                        21
Page 24
PERFORMANCE
HIGHLIGHTS




Operational Highlights

Table of Operational Highlights

                               Description                                         2024                              2023

 Corporate Banking

 Financing                                                                       58,719,889                          54,541,919

 Funding/Down Payment                                                            21,619,859                          22,354,117

 Commercial Banking

 Financing                                                                       18,497,916                          12,969,097

 Funding/Down Payment                                                            12,013,780                           6,990,589

 Institutional Relations

 Funding/Down Payment                                                            89,456,637                          79,770,650

 Retail

 Financing                                                                   201,263,437                         172,805,028

 Funding/Down Payment                                                        205,226,059                         185,573,903




Stock
Information

BSI 2023-2024 Stock Information Table

                                         Price per share (IDR)                          Number          Trading
                                                                                                                             Market
                                                                                        of Shares       Volume
       Year                                                                                                               Capitalization
                       Opening          Highest         Lowest          Closing        Outstanding     (million of
                                                                                                                           (Rp Trillion)
                        (IDR)            (IDR)           (IDR)           (IDR)           (shares)       shares)

                                                                 2024

     Quarter I             2,740         2,750           2,670           2,710        46,129,260,138     2,804               125.01

     Quarter II            2,550         2,630           2,550           2,620        46,129,260,138     2,342               120.86

     Quarter III           3,060         3,060           3,000           3,010        46,129,260,138     2,622               138.85

     Quarter IV            2,780         2,790           2,700           2,730        46,129,260,138     1,555               125.93

                                                                 2023

     Quarter I             1,650         1,700           1,650           1,680        46,129,260,138     3,133                77.49

     Quarter II            1,670         1,690           1,655           1,690        46,129,260,138     1,779                77.96

     Quarter III           1,620         1,630           1,605           1,625        46,129,260,138     1,449                74.96

     Quarter IV            1,740         1,745           1,710           1,740        46,129,260,138     1,169                80.26




       PT Bank Syariah Indonesia Tbk
22     2024 Annual Report
Page 25
                                        Price and Volume Movement Chart of BSI Stock for 2023 – 2024

                                                                  Trading Volume (stocks)            Stock Closing Price (IDR)

                                                                                                                                         All Time High
                                                                                                                                         after Merger
                                                                                                                                             Sep-24
                                                                                                                 FTSE Large Cap
                                                                                                                 Index Inclusion
                                                                                                                     Sep-24

                 3.500                                                                                                                                     300
                                                                                                                 Top 9
                                                                                                           Global Sharia Bank
                                                                                                                Aug-24
                                                                                                                                       3,160               250
                 3.000
                                                                                                             Top 10
                                                                                                        Global Sharia Bank
                                                                                                             Mar-24
                                      Corporate Action:                                                                                                    200




                                                                                                                                                                 Volume (stocks)
   Price (IDR)




                                         Right Issue
                 2.500
                                                                                                                                                2,730
                                 LQ45
                                                                                                                                                           150
                             Index Inclusion                                                    1,740
                                Aug-22                         1,290                                                                           +56.90%
                 2.000
                                                                                                                                                Dec-24
                                                                                               +34.88%                                           (YoY)     100
                                                              -25.69%                           Dec-23
                                                              Dec-22                             (YoY)
                                                               (YoY)
                 1.500
                                                                                                                                                           50



                 1.000                                                                                                                                      0



                    Dec-21     Mar-22      Jun-22    Sep-22   Dec-22    Mar-23    Jun-24    Sep-23   Dec-23      Mar-24      Jun-24    Sep-24     Dec-24




Corporate Action

In 2024, BSI did not undertake any corporate actions affecting the number of outstanding shares, such as stock splits, reverse stock
splits, stock dividends, bonus shares, or changes in nominal share value.




Stock Trading Suspension and/or Delisting Actions

As of December 31, 2024, BSI had never been subject to stock trading suspension or delisting sanctions.




                                                                                                                                PT Bank Syariah Indonesia Tbk
                                                                                                                                         2024 Annual Report
                                                                                                                                                                            23
Page 26
PERFORMANCE
HIGHLIGHTS




Information on Bonds, Sukuk,
and/or Convertible Bonds

Bond Information

As of December 31, 2023, BSI had not issued any bonds.




Sukuk Information

BSI Sukuk Table


                                                                                                          Amount of
                        Description                                Issue Date        Tenor     Currency
                                                                                                           Sukuk


 Long-term Sukuk Mudharabah Muqayadah Conducted
                                                                December 26, 2023   12 Years     IDR      3.7 Billion
 Without Public Offering I PT Bank BSI tbk Year 2023 Phase I

 Medium-term Subordinated Mudaraba Sukuk of PT Bank
                                                                December 15, 2023   5 Years      IDR      200 Billion
 Syariah Indonesia, Tbk Year 2023

 Long-term Sukuk Mudharabah Muqayadah Conducted
                                                                 March 26, 2024     12 Years     IDR      7.76 Billion
 Without Public Offering I PT Bank BSI tbk Year 2023 Phase II

                                                                                    370 days
 Bank BSI Sustainability-Based Mudharabah Sukuk I Phase
                                                                  June 14, 2024     2 years      IDR       3 Trillion
 I Year 2024
                                                                                    3 years

 Long-term Sukuk Mudharabah Muqayadah Conducted
 Without Public Offering I PT Bank BSI tbk Year 2024            December 20, 2024   12 Years     IDR      3.97 Billion
 Phase III




Information
on Other Funding Sources
As of December 31, 2024, BSI does not have any other funding sources.




      PT Bank Syariah Indonesia Tbk
24    2024 Annual Report
Page 27
Convertible Bonds

As of December 31, 2024, BSI had not issued any Convertible Bonds.




                                                                                               Ranking
        Due date               Profit sharing           Payment Status
                                                                                2024                          2023

    December 26, 2035              0.55%                  Not Paid Yet             -                             -

                                                                                  AA (sy)                       AA (sy)
    December 15, 2028              7.90%                  Not Paid Yet          id                            id
                                                                              (PEFINDO)                     (PEFINDO)

      June 26, 2036                0.55%                  Not Paid Yet             -                             -

      June 24, 2025                6.65%

      June 14, 2026                6.70%                  Not Paid Yet    AAA (Pefindo)
                                                                         Id
                                                                                                                 -

      June 14, 2027                6.80%


    December 26, 2036              0.55%                  Not Paid Yet             -                             -




                                                                                            PT Bank Syariah Indonesia Tbk
                                                                                                     2024 Annual Report
                                                                                                                            25
Page 28
PERFORMANCE
HIGHLIGHTS




Event
Highlights

     January 16, 2024                                         February 1, 2024




     Grand Launching of the First Online Customer Fund        BSI’s 3rd Anniversary.
     Account (RDN) Opening by a Sharia Bank in Indonesia at
     the Indonesia Stock Exchange.




     March 13, 2024                                           March 19, 2024




     Corporate Zakat Payment 2023 > IDR223 Billion.           Donations for 3,333 Orphans.




     April 5, 2024                                            May 17, 2024




     "Mudik Asyik" Homecoming Program with State-Owned        Annual General Meeting of Shareholders.
     Enterprises (BUMN).




      PT Bank Syariah Indonesia Tbk
26    2024 Annual Report
Page 29
 May 30, 2024                                              June 2024




Inauguration of BSI Aceh Green Building and BSI Fostered   Issuance of the First Sustainability Sukuk in Indonesia.
Village.



 June 17, 2024                                             June 20-23, 2024




 BSI Distributes 9,390 Sacrificial Animals Across          BSI International Expo.
 Indonesia for Eid al-Adha 2024.




 July 19, 2024                                             July 26, 2024




 Hujan Rejeki BSI Mobile 2024.                             BSI Inaugurates UMKM (MSME) Center in Makassar.




                                                                                      PT Bank Syariah Indonesia Tbk
                                                                                               2024 Annual Report
                                                                                                                      27
Page 30
PERFORMANCE
HIGHLIGHTS




     September 9, 2024                                           September 15, 2024




     BSI Supports the Success of PON XXI Aceh.                   BSI Wins the "Indonesia’s Best Digital Bank 2024" Award
                                                                 from Euromoney Awards for Excellence.




     September 17, 2024                                          September 17, 2024




     BSI Ranked 9th in Market Capitalization at IDR 138.85       BSI Commits to Actively Accelerating the Development
     Trillion as of September 2024, Making It the Only Islamic   of a Global Hub and Sustainable Islamic Ecosystem by
     Bank in Indonesia to Enter the Top 10 Global Islamic        Establishing BSI Tower at the Indonesia Islamic Financial
     Banks.                                                      Center (IIFC).




     September 19, 2024                                          October 18, 2024




     BSI Enters the Top 30 "World’s Most Trustworthy             BSI Inaugurates UMKM (MSME) Hub in Bedugul, Bali.
     Companies 2024" in the Banking Category by Newsweek.




      PT Bank Syariah Indonesia Tbk
28    2024 Annual Report
Page 31
November 9, 2024                                      November 17, 2024




Launch of BYOND by BSI.                               BYONDAY Funwalk.




November 26, 2024                                     November 28, 2024




BSI Wins "Indonesia Most Trusted Companies" Award     Grand Launching of BSI Gold.
at the Corporate Governance Perception Index (CGPI)
Award 2024.




December 10, 2024




BSI Entrepreneurial Talent 2024.




                                                                              PT Bank Syariah Indonesia Tbk
                                                                                       2024 Annual Report
                                                                                                              29
Page 32
REPORT OF
THE BOARD
OF DIRECTORS,
BOARD OF
COMMISSIONERS,
AND SHARIA
SUPERVISORY
BOARD
     PT Bank Syariah Indonesia Tbk
30   2024 Annual Report
Page 33
02




PT Bank Syariah Indonesia Tbk
         2024 Annual Report
                                31
Page 34
REPORT OF THE BOARD OF DIRECTORS,
BOARD OF COMMISSIONERS, AND SHARIA SUPERVISORY BOARD




Report
of The Board of Directors




                Assalamualaikum
                 Warahmatullahi
                   Wabarakatuh,
                Dear Respected
               Shareholders and
                  Stakeholders,
    We express our utmost
    gratitude to Allah SWT,
        for by His grace and
 blessings, in 2024 BSI was
    able to achieve positive
       performance for our
    Shareholders and other
               Stakeholders.




               Hery Gunardi
             President Director



     PT Bank Syariah Indonesia Tbk
32   2024 Annual Report
Page 35
As a financial institution committed to implementing Sharia          Belitung Islands, and Lampung; Regional Office 4 covers Banten,
principles in every operational activity, BSI continuously strives   DKI Jakarta, Bekasi City, and Bekasi Regency; Regional Office 5
to contribute optimally to Indonesia’s economy while maintaining     covers Central Jakarta, West Jakarta, South Jakarta, East Jakarta,
the integrity and trust of our customers.                            Tangerang City, Tangerang Regency, South Tangerang City, Bogor
                                                                     City, Bogor Regency, Depok City, and Bekasi City; Regional
On this occasion, please allow us to present various pieces of       Office 6 covers West Java; Regional Office 7 covers Central Java
information regarding the management and performance of the          and the Special Region of Yogyakarta; Regional Office 8 covers
Bank during the 2024 fiscal year. This report covers the Bank’s      East Java, Bali, West Nusa Tenggara, and East Nusa Tenggara;
performance results, company prospect analysis, progress in          Regional Office 9 covers West Kalimantan, South Kalimantan,
the implementation of corporate governance, performance              Central Kalimantan, East Kalimantan, and North Kalimantan; and
assessments of the Committees under the Board of Directors,          Regional Office 10 covers Gorontalo, Maluku, North Maluku,
and changes in the composition of the Board of Directors.            Papua, Southwest Papua, West Sulawesi, South Sulawesi,
                                                                     Central Sulawesi, Southeast Sulawesi, and North Sulawesi.


Analysis of The Bank’s Performance                                   The implementation of the Bank's management is reflected in its
                                                                     organizational structure, which is divided into eight Directorates
BSI is one of the largest sharia banks in Indonesia, focusing on     under the President Director and Vice President Director, namely
providing banking services based on Islamic Sharia principles        the Directorate of Information Technology, the Directorate of
to meet the financial needs of the Indonesian community.             Treasury & International Banking, the Directorate of Wholesale
BSI offered a wide range of products and services tailored to        Transaction Banking, the Directorate of Risk Management, the
the needs and profiles of each customer. These products and          Directorate of Compliance & Human Capital, the Directorate of
services are divided into four categories: individual, corporate,    Finance & Strategy, the Directorate of Retail Banking, and the
digital banking, and card products. The details are as follows:      Directorate of Sales & Distribution. In addition, to support the
1. Individual Products and Services, including Business, Gold,       Bank's operations and decision-making, the President Director is
     Hajj and Umrah, Investment, Financing (including financing      also assisted by several SEVPs, including SEVP Operation, SEVP
     for Micro, Small, and Medium Enterprises), Priority, Savings,   Information Technology, SEVP Digital Banking, SEVP Wholesale
     and Transaction Services.                                       Risk, SEVP Retail & Consumer Risk, SEVP Human Capital, SEVP
2. Corporate Products and Services, including Cash                   Corporate Strategy, SEVP Consumer Product Solution, and SEVP
     Management, Treasury, Service, Financing, and Deposits.         Internal Audit, as well as by other management tiers.
3. Digital Banking Products and Services, including BSI Mobile,
     Online Account Opening, Gold Solutions, BSI QRIS, BSI           In carrying out its operational activities, the Bank employed a
     Cardless Withdrawal, BSI Debit Card, BSI Debit OTP, BSI         total of 17,234 staff. As of 31 December 2024, there were 14
     ATM CRM, BSI Aisyah, BSI Net, BSI Merchant Business, BSI        employees holding Doctorate degrees, 1,016 with Postgraduate
     API Platform, BSI Smart Agent, BSI Payment Point, Mobile        degrees, 14,603 with Bachelor's degrees, 1,572 with Diploma
     Deposits, and Griya Hasanah Online Top-Up via BSI Mobile.       qualifications, and 29 with a high school education. The
4. Card Products and Services, including Financing Cards and         Bank consistently provided competency development for
     Debit Cards.                                                    its employees through an approach based on experience,
                                                                     engagement, and education. This development was tailored
To optimize products and services for customers, the Bank            to both the current job levels and future projected positions.
established a business network and operational areas supported       Employee competency development at BSI remained one of the
by Regional Offices up to Functional Operation Offices. As of        main focuses in improving the quality of human resources and
31 December 2024, the Bank had 10 (ten) Regional Offices             in supporting the achievement of the Bank’s vision and mission.
spread throughout Indonesia. Regional Office 1 covered the           Such development encompassed not only technical skills but
Nanggroe Aceh Darussalam area; Regional Office 2 covers North        also the understanding and application of Sharia principles in all
Sumatra, the Riau Islands, and Riau; Regional Office 3 covers        aspects of operations.
South Sumatra, Bengkulu, West Sumatra, Jambi, the Bangka




                                                                                                    PT Bank Syariah Indonesia Tbk
                                                                                                             2024 Annual Report
                                                                                                                                    33
Page 36
REPORT OF THE BOARD OF DIRECTORS,
BOARD OF COMMISSIONERS, AND SHARIA SUPERVISORY BOARD




BSI regularly developed its information technology. Following its     Amid rising geopolitical tensions and global economic pressures,
focus on strengthening and stabilizing information technology in      Indonesia’s economy demonstrated resilience, growing steadily
2023, in 2024 BSI made significant strides in enhancing its digital   at 5.03% yoy in 2024. This growth was primarily driven by robust
platforms. This included continuously increasing the number of        domestic demand, despite a contraction in net exports caused
mobile banking users, adding QRIS merchants and EDC machines,         by declining commodity prices and a global economic slowdown.
expanding and relocating ATMs and CRMs to strategic locations,        Although domestic economic growth was slightly restrained due
improving cash management transaction capabilities through            to weaker external demand—reflected in the contraction of the
the launch of Bewize, and enhancing public accessibility through      Manufacturing Purchasing Managers’ Index (PMI) from early
BSI Agents. The consistency in digital transformation continued       Q3-2024 through November 2024—consumer confidence and
with the launch of the SuperApp BYOND by BSI. BYOND by BSI            retail sales growth remained strong, aligned with the continued
emerged as a solution to meet all customer needs, carrying the        resilience of domestic demand.
tagline #SEMUA JADI MUDAH (Everything Becomes Easy). The
presence of this SuperApp underscored the Bank’s commitment           In the sharia banking sector, positive growth was observed
to providing comprehensive and integrated financial, social, and      throughout 2024. To enhance competitiveness and support
spiritual services.                                                   the development of Islamic banking, the Financial Services
                                                                      Authority (OJK) established five main focus areas for the 2024–
This peak of innovation marked a revolutionary step in expanding      2025 period. These include the consolidation of Islamic banks,
sharia banking inclusion in line with the Government’s Asta Cita      the formation of the Islamic Finance Development Committee
mission and served as a game changer for digital Islamic banking      (KPKS), the development of guidelines for product innovation,
services in Indonesia. BYOND by BSI demonstrated the Bank’s           the strengthening of the role of Islamic banks within the Islamic
strong commitment to remaining adaptive, agile, innovative, and       economic ecosystem, and the enhancement of the contribution
relevant to the times.                                                of sharia banks to MSME development. To support this strategy,
                                                                      OJK introduced three new product guidelines aimed at broadening
With the resources at its disposal, the Board of Directors            and strengthening the Islamic banking product portfolio.
effectively managed these assets, enabling the Bank to achieve        These guidelines include: Mudarabah Financing Products, the
solid performance in 2024. The Board consistently considered          Implementation of the Shariah Restricted Investment Account
global, national, and banking industry economic conditions            (SRIA) using the Mudharabah Muqayyadah contract, and the
in developing its business strategies, allowing it to overcome        Implementation of the Cash Waqf Linked Deposit (CWLD).
challenges—particularly those related to the economic climate’s       These three guidelines were expected to encourage innovation,
impact on the Bank’s business. Therefore, in presenting an            enhance competitiveness, and strengthen the position of sharia
analysis of the Bank’s performance, we begin with an overview of      banking in the national market.
the global, national, and banking industry economic conditions.
                                                                      Based on the analysis of the economy and industry, and in
Macroeconomic Overview                                                consideration of existing challenges, the Bank set a market target
                                                                      of IDR 272.99 trillion for financing and credit disbursement,
The International Monetary Fund (IMF), in its World Economic          and IDR 321.27 trillion for third-party funds. In line with these
Outlook (WEO) published in January 2025, projected global             market targets, the Bank targeted fund management income as
economic growth in 2024 at 3.2% year-on-year (yoy), a slight          Mudharib of IDR 24.70 trillion in 2024.
deceleration compared to the previous year’s growth of 3.3% yoy.
The slowdown in global economic growth was mainly attributed          To achieve these market targets, the Bank also established the
to the economic recovery in several countries—particularly in the     percentage of rewards for fund collection and allocation for
Euro Area and Asia—which fell short of initial expectations.          2024 as follows:


The United States (US) economy grew solidly, mainly supported
by strong domestic demand, in line with easing inflationary
pressures. Meanwhile, economic growth in the Euro Area
remained subdued despite a downward trend in inflation.
Similarly, China’s economic recovery was hampered by a
prolonged property crisis, despite the implementation of several
expansionary policies by the Chinese government. Additionally,
Japan experienced a slowdown due to temporary supply
disruptions.




     PT Bank Syariah Indonesia Tbk
34   2024 Annual Report
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Table of Percentage of BSI Fund Allocation per December 32, 2024

                               Products                                  Tenor                                Rate

 Corporate                                                            1-10 years         6,04%-10,09%

 Commercial                                                           1-10 years         8,79%-12,84%

                                                                                        Non-Murabahah                    Murabahah
                    Linkage                                           1-10 years
                                                                                        11,25%-12,00%                11,50%-12,25%

                                                                                        Non-Murabahah                    Murabahah
                                                                      >10 years
                                                                                        12,25%-13,00%                12,50%-13,25%
 SME
                                                                                        Non-Murabahah                    Murabahah
                    Local Champion Value Chain                        <5 years
                                                                                        12,25%-13,00%                12,50%-14,25%

                                                                                        Non-Murabahah                    Murabahah
                                                                      >5 - 10 years
                                                                                        13,25%-14,00%                12,50%-14,25%

 Micro                                                                1-5 years        17,58% - 33,94%

 Griya                                                                1-30 years        8,75 % - 11,25%

 Cicilan Emas                                                         1-5 years          9,25% - 9,50%

                                                                                         0,81% - 1,51%
 Gold Pawn                                                            1 years
                                                                                             flat/month

 Mitraguna                                                            1-15 years        9,25% - 10,50%

 Pension                                                              1-15 years       10,50% - 11,50%

                    New Car                                           1-7 years                  8,75%
 Oto
                    Used Car & New Motorcycle                         1-5 years         9,75% - 10,50%


In addition, BSI had also set competitive profit-sharing percentages for savings, deposits, and demand deposits, as shown below:


Table of Percentage of BSI Fund Collection as of December 31, 2024

                               Products                                                          Nisbah (%)

 Mudharabah Current Accounts                                                                        43,07

 Mudharabah Deposits                                                                                      -

   1 Month                                                                                          25,19

   3 Month                                                                                          27,69

   6 Month                                                                                          28,15

   12 Month                                                                                         26,19




Strategy and Strategic Policies

2024 is still a challenging year due to global economic uncertainty      1. Sound and Sustainable Business Growth: BSI continues to
and tight monetary policy. Globally, inflation is experiencing a            implement strategies that have proven to add value to its
downward trend. However, the inflation rate is falling at a slower          performance, namely by managing financing growth in a
pace compared to the target of the Central Banks of developed               healthy and sustainable manner.
countries. Meanwhile, BI's benchmark interest rate is expected           2. Optimization of Third-Party Funds and Liquidity
to be kept high to keep the outflow of fund flow from domestic              Management: BSI is expanding retail funding—particularly
financial market due to wait-and-see behavior from business                 savings products—maintaining the concentration of core
players.                                                                    depositors, and exploring other funding opportunities such
                                                                            as issuing sukuk.
Amidst the challenging liquidity condition and as an effort              3. Ecosystem Penetration: BSI is accelerating business growth
to support business targets as well as the achievement of the               by focusing on penetrating six priority ecosystems, namely
medium and long term, BSI has prepared strategic strategies and             household, education, spiritual and charity, government
policies that will be pursued as follows:                                   spending, healthcare, and investment, by offering products
                                                                            and services tailored to customer needs.




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REPORT OF THE BOARD OF DIRECTORS,
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4. Digital and Transaction Banking: BSI continues to enhance            Agents, and QRIS merchants. Second, the Bank tapped into
   the Bank’s digitalization by increasing the number of active         new business models such as gold-based business, Hajj savings,
   mobile banking users, shifting transactions from branches            bancassurance, and treasury business. These strategic moves
   to electronic and digital channels, and digitizing business          proved effective, allowing BSI to maintain a consistently strong
   processes to accelerate service level agreements (SLAs) and          performance exceeding the banking industry average, supported
   increase the Bank’s fee-based income.                                by solid fundamentals.
5. Efficiency and Productivity Improvement: BSI continues
   to streamline its branch network and enhance employee                With a net profit growth of 22.83% yoy in 2024, BSI ranked
   productivity through staff redeployment.                             among the Top 10 Banks with the highest performance growth.
                                                                        This outstanding profit achievement was driven by effective
To support the implementation of the five (5) strategic focus           management of Third-Party Funds (TPF) and sustained, well-
areas mentioned above, BSI also strengthened its fundamental            targeted financing disbursement.
enablers, which included enhancing organizational management,
stabilizing and upgrading the core banking system, improving            Amidst intense liquidity competition in the banking sector, BSI
IT cybersecurity, reinforcing network and information security,         recorded a TPF growth of 11.46% to IDR 327.45 trillion. This
developing IT operations, establishing partnerships with third          achievement was supported by low-cost funds (CASA), which
parties to meet data security and confidentiality standards,            accounted for 60.12% of total TPF. Throughout 2024, BSI’s CASA
preparing a Business Continuity Management (BCM) framework,             reached IDR 197 trillion, an increase of 10.65% yoy. BSI’s TPF
and implementing Environmental, Social, Governance, Risk &              from savings products amounted to IDR 140.53 trillion, followed
Compliance (ES-GRC) principles to support the Sustainable               by time deposits of IDR 130.58 trillion and current accounts
Development Goals (SDGs).                                               of IDR 56.33 trillion. Effective TPF management contributed
                                                                        positively to the reduction in profit-sharing expenses. This
The Board of Directors directly led the formulation of the Bank’s       was achieved by leveraging the Islamic ecosystem, a unique
strategy through various meetings held between the Board and            advantage held by Islamic banks, particularly through gold and
key management. The strategy was outlined in the Bank’s Business        Hajj-related businesses. Additionally, innovations and digital
Plan (RBB) for 2024–2026 and the Corporate Plan, both of which          transformation facilitating digital transactions also had a positive
are regularly evaluated by the Board of Directors to ensure the         impact on TPF mobilization.
effectiveness of strategy implementation through internal report
reviews and coordination meetings with Group Heads.                     BSI’s financing disbursement also showed impressive
                                                                        performance, growing above the industry average. In 2024, BSI
Performance Target Achievement                                          disbursed financing amounting to IDR 278.48 trillion, reflecting
                                                                        a 15.88% yoy increase. By segment, financing to the wholesale
Based on the strategies implemented, BSI recorded strong                segment reached IDR 77.22 trillion (up 14.38% yoy), followed
performance in 2024, achieving its targets as planned. A                by retail segment at IDR 49.38 trillion (up 16.86% yoy), and
performance analysis is presented below.                                consumer segment at IDR 151.88 trillion (up 16.34% yoy). BSI
                                                                        has a strong demand side and continuously enhances its supply
Operational and Financial Performance                                   side in terms of products and distribution channels, including not
                                                                        only branches but also electronic channels such as ATMs, mobile
In 2024, BSI successfully maintained its momentum of positive           banking, and QRIS.
and sustainable performance growth by recording a net profit of
IDR 7.01 trillion, marking a double-digit increase of 22.83% yoy.       Effective financing management also contributed to improved
Not only in terms of net profit, but BSI also recorded double-          financing quality. As of the end of 2024, BSI’s gross Non-
digit growth in all other financial indicators, including Third-Party   Performing Financing (NPF) ratio improved to 1.90%. The
Funds, financing, and total assets. A focus on quality financing,       Bank’s Cost of Credit (CoC) also improved to 0.83% in 2024.
digital transformation, and innovation has been the key for BSI to      Additionally, the Bank recorded an attractive return ratio, with
sustain its impressive performance amidst economic challenges.          Return on Equity (ROE) at 17.77%. BSI closed the year with
                                                                        asset growth of 15.55%, reaching IDR 408.61 trillion. The Bank’s
The year 2024 was a challenging period, with the global                 Return on Assets (ROA) in 2024 stood at 2.49%.
economy still overshadowed by uncertainty, tight liquidity,
and intense market competition. Despite these conditions, BSI           The Bank’s innovative initiatives to unlock broader business
remained focused on being agile and innovative through digital          opportunities and its digital transformation had a significant
transformation while maintaining quality financing growth. This         impact on its ability to sustain performance growth. In 2024, BSI
strong performance was the result of the implementation of              recorded commission-based income (Fee-Based Income/FBI) of
its 2024 strategy. First, BSI prioritized improving transaction         IDR 5.51 trillion, a significant increase of 32.58% yoy. The Bank’s
banking infrastructure by launching BYOND by BSI and                    Fee-Based Ratio (FBR) improved to 17.95% from the previous
increasing the number of ATMs/CRMs, EDC machines, BSI                   period.




      PT Bank Syariah Indonesia Tbk
36    2024 Annual Report
Page 39
In 2024, BSI also successfully navigated challenges by                 employee productivity, BSI carried out staff redeployment from
leveraging the Islamic ecosystem, which is exclusive to sharia         support/service/operation units to business units, along with
banks. BSI tapped into gold and Hajj-related businesses—its            upskilling and reskilling programs.
unique products and golden opportunities. The Bank opened
new growth avenues through gold-related businesses such                Another challenge was the low level of sharia financial literacy.
as gold pawn and gold installment schemes, which positively            To overcome this, the Bank actively participated in regulatory
contributed to its financing performance. As of December 2024,         events held by Bank Indonesia (BI) and the Financial Services
BSI’s gold business reached IDR 12.82 trillion, growing 78.18%         Authority (OJK) to introduce sharia financial services to the
yoy. This was driven by the gold installment product, which            public. In addition, BSI held large-scale signature events such as
surged 177.42% yoy to IDR 6.40 trillion, and gold pawning,             the BSI International Expo, which supported the development
which rose 31.33% yoy to IDR 6.42 trillion. The customer base          of the Islamic Ecosystem. These events served as platforms
in this segment also expanded, with gold pawning customers             for education and collaboration, offering workshops, Islamic
growing 11% yoy and gold installment customers rising 81% yoy.         financial product exhibitions, and talk shows with experts. To
                                                                       support MSME empowerment, BSI launched programs such as
BSI also continued to drive the growth of Hajj savings through its     Talenta Wirausaha BSI and Aceh Muslim Preneur. Through these
digital platform. In the Hajj business line, the Bank recorded an      initiatives, BSI played an active role in building an inclusive sharia
increase in the number of Hajj savings customers to 5.6 million        economic ecosystem while supporting the growth of MSMEs as a
by the end of 2024. In line with this growth, the balance of Hajj      key pillar of Indonesia's economy.
savings also increased to IDR 14.5 trillion by year-end.


These two business opportunities enabled BSI to balance growth         Future Estimates and Business Prospects
in funding, financing, and e-channel transactions through its
SuperApp, BYOND by BSI, which was officially launched in               The global economy is projected to continue improving with
November 2024. The synergy between the Islamic ecosystem and           growth estimated at around 3.3% in 2025, although several
digital transaction innovation positively impacted FBI growth. The     risks remain to be closely monitored. These include the sluggish
launch of BYOND by BSI facilitated customer shifting and boosted       recovery of China’s economy and the escalating geopolitical
digital transactions. In 2024, BSI recorded 851.5 million e-channel    tensions amidst uncertainties surrounding the United States
transactions, with approximately 98.03% of customer transactions       presidential transition, which could potentially dampen global
conducted via e-channels. The number of BYOND by BSI users             economic growth.
has reached 2 million, with a total of 16 million transactions.
                                                                       In this context, Indonesia’s economy in 2025 is expected to
Comparison Between Targets and Achieved                                grow slightly higher than the previous year, ranging between
Results                                                                4.8% and 5.6%, driven by strong domestic demand. Moving
                                                                       forward, the country’s economic growth is expected to remain
Overall, BSI has met the expectations of its stakeholders. The         solid, supported by both domestic consumption and improving
targets set for 2024 have been realized. BSI's net profit for 2024     external demand in line with the global economic recovery.
amounted to IDR 7.00 trillion, surpassing the RKAP/RBB target          Nevertheless, risks related to a slower global recovery and
with a realization rate of 115.23%. The achievement of net             heightened geopolitical tensions may hinder the recovery of
profit also drove the realization of the Bank’s total assets target.   Indonesia’s external sector performance.
As of year-end 2024, BSI’s total assets reached IDR 408.61
trillion, exceeding the RKAP/RBB target with a realization rate        From a banking perspective, anticipated interest rate cuts are
of 107.99%. Total financing disbursed by BSI in 2024 reached           expected to improve market liquidity, thereby supporting
IDR 278.49 trillion, surpassing the RKAP/RBB target with a             banking intermediation. The BI rate influences the adjustment
realization rate of 102.01%. Third-Party Funds collected by BSI        of the Basic Lending Rate (SBDK), potentially driving credit
in 2024 amounted to IDR 327.45 trillion, achieving 101.92% of          growth to reach between 11% and 13% in 2025. Meanwhile,
the RKAP/RBB target.                                                   third-party funds (TPF) are projected to grow by approximately
                                                                       10% in 2025, in line with the potential monetary easing by Bank
                                                                       Indonesia. However, a lower BI rate could lead to a shift in funds
Challenges Faced by The Bank                                           to other financial instruments, which may constrain TPF growth.


The Bank faced various challenges during the reporting year.           In 2025, Bank Indonesia will implement pro-growth policies to
These challenges included suboptimal employee and outlet               maintain national economic growth supported by consumption,
productivity. To address these issues, the Bank implemented a          investment, and exports.
strategy to restructure its network, particularly by consolidating
overlapping branch offices, ensuring more even location
coverage, and evaluating underperforming branches. To enhance




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REPORT OF THE BOARD OF DIRECTORS,
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Given the global and national economic conditions, as well as the      The self-assessment was conducted regularly every semester, in
development of the banking industry, particularly sharia banking,      June and December. The results of the June 2024 and December
BSI is well-positioned to seize several opportunities, including:      2024 assessments were at level 2 (two), indicating that the
1. A strong public preference for sharia banking has driven            Bank’s Management had generally applied good governance
    positive growth, especially within the halal industry sector.      practices. Based on the assessment results, the Bank undertook
    This considerable potential is supported by Indonesia’s status     improvements by addressing several weaknesses recommended
    as the country with the largest Muslim population in the           in the assessment findings.
    world, along with synergy among various stakeholders in the
    sharia economy, which contributes to the development of the        To continuously improve governance implementation, the Bank
    sharia ecosystem.                                                  consistently applied the GCG TARIF principles: Transparency,
2. Indonesia holds strong potential to develop its halal industry in   Accountability, Responsibility, Independence, and Fairness. In
    sectors such as food and beverages, fashion, pharmaceuticals,      terms of transparency, BSI ensured that all Bank management
    cosmetics, and tourism. In support of empowering the               processes were clearly accessible to stakeholders including
    national halal industry, BSI will offer comprehensive product      customers, investors, regulators, and the general public.
    and service solutions, including financing, funding, and           Transparency at BSI also aimed to build public trust and
    transactional banking products.                                    reinforce the Bank’s integrity as a financial institution operating
3. BSI is the largest sharia bank in terms of assets, third-party      under sharia principles. BSI routinely prepared and published
    funds, and financing. This provides an opportunity for BSI to      financial statements that were clear, accurate, and in accordance
    increase penetration of sharia banking products.                   with applicable accounting standards. The Bank also published
4. Government support for the sharia finance sector presents           an Annual Report containing comprehensive information on
    significant growth opportunities for BSI. The government           financial performance, strategic achievements, and operational
    is actively promoting the acceleration of halal industry           activities. This report also includeds information on risk
    development, sharia-based MSMEs, and improved sharia               management, social responsibility, and sharia compliance. In
    financial literacy.                                                addition, BSI published a Sustainability Report that demonstrated
5. BSI has the potential to increase the market share of sharia        its commitment to sustainable business practices, including
    banking within the national banking industry by serving            initiatives supporting social and environmental aspects.
    all segments of society and providing financial, social, and
    spiritual solutions.                                               As a sharia financial institution, transparency of the products
6. BSI will continue to strengthen its synergy with the Parent         and services offered by BSI is crucial to ensure that customers
    Bank Business Group to further enhance the Bank’s                  can make informed decisions. Every product and service offered
    operational capabilities and expand its offering of sharia-        by BSI is explained in detail, covering terms and conditions,
    based products and services to the public.                         benefits, fees, risks, and usage procedures. This helps customers
                                                                       fully understand what they are receiving and how the product
                                                                       operates in accordance with sharia principles. BSI also conducted
Corporate Governance                                                   educational initiatives to enhance customer understanding of
                                                                       sharia products, enabling them to make wiser decisions regarding
As a sharia bank, BSI is obligated to implement Sharia Principles      the use of banking services.
in conducting its business activities. The application of these
principles is based on fatwas and/or statements of Sharia              BSI provided broad and open access for stakeholders to obtain
compliance issued by the National Sharia Council of the                relevant information regarding the Bank’s performance, policies,
Indonesian Ulema Council (DSN-MUI). To ensure adherence to             and activities. The Bank maintained an accessible website
Sharia Principles, the Bank implemented Sharia Governance,             containing various information on products, services, policies,
which covers the duties and responsibilities of the Sharia             annual reports, sustainability reports, and other important
Supervisory Board (SSB), the application of Sharia compliance          announcements. In addition to the website, BSI also utilized
functions, Sharia risk management functions, Sharia internal           various communication channels such as social media and email
audit functions, and external reviews of Sharia governance.            to disseminate information to customers and the public in an
                                                                       open and timely manner.
To ensure the implementation of Sharia governance, BSI conducted
a self-assessment of Good Corporate Governance (GCG) practices,        Regarding Accountability, all Bank organs carried out their
referring to the OJK Circular Letter. The assessment covered three     duties and responsibilities effectively. In 2024, the Board of
aspects of governance: governance structure, governance process,       Directors performed various duties, including conducting the
and governance outcome. These included, among others, the              Annual General Meeting of Shareholders (AGMS), preparing the
execution of duties and responsibilities by the sharia Supervisory     Bank's Long-Term Plan (RJPP), the Bank Business Plan (RBB),
Board and the implementation of Sharia principles in fundraising,      the Corporate Work Plan and Budget (RKAP), the Sustainable
financing, and service activities.




      PT Bank Syariah Indonesia Tbk
38    2024 Annual Report
Page 41
Finance Action Plan (RAKB), and other work plans. The Board           2. The ASEAN Corporate Governance (CG) Scorecard issued by
also prepared the Annual Report, Financial Statements, and the           the ASEAN Capital Market Forum (ACMF).
Sustainability Report, ensured the Bank's accounting system           3. The General Guidelines for Indonesian Corporate
complied with financial accounting standards and internal                Governance (PUGKI) developed by the National Committee
control principles, held internal and inter-departmental meetings,       on Governance Policy (KNKG).
ensured adequate systems and processes for identifying,               4. The Principles for Enhancing Corporate Governance issued
assessing, and managing the Bank's risks, and established clear          by the Basel Committee on Banking Supervision.
organizational structures, tasks, and responsibilities, including
management appointments.                                              With regard to Independence, BSI maintains independence in
                                                                      decision-making, free from conflicts of interest and unlawful
Throughout 2024, the Board of Commissioners also carried out          external influences, to ensure objectivity and integrity in the
its supervisory duties regarding the Bank’s management policies       Bank’s operations. BSI optimizes the complementary functions
and operations, in line with prevailing laws and regulations, the     of each governance organ to create an effective control
Bank’s Articles of Association, and the Work Plan set at the          environment and support the integrity of information used for
beginning of the year. The Board's oversight included the Bank        reporting and decision-making. This in turn strengthens the
Business Plan (RBB), review of Financial Information, internal        three lines of defense model, to achieve sound and sustainable
control at BSI, Bank Soundness Level, Risk Management Unit,           growth and to accomplish BSI’s objectives without neglecting
compliance implementation, information technology, and                stakeholders’ interests.
human resource development. The Board of Commissioners
also provided approvals for matters requiring their consent and       With regard to Fairness (Equity/Equality), BSI treats all
conducted supervisory visit.                                          stakeholders fairly and equally, without discrimination, and
                                                                      respects their rights in accordance with applicable agreements
During 2024, the Sharia Supervisory Board (SSB) provided              and regulations. BSI ensures that all stakeholders, both internal
advice and recommendations through various channels to                and external, are treated fairly, transparently, and without
ensure the application of Sharia principles in capital market         discrimination through the following aspects:
activities. Guidance was provided through regular meetings and        1. Equality of Rights for Stakeholders
discussions with the Bank’s management or relevant institutions           BSI ensures that the rights of all shareholders, customers,
to address operational issues and ensure Sharia compliance.               business partners, employees, and the public are respected in
Additionally, the SSB issued written reports detailing the                accordance with applicable regulations, and that each party
results of audits and supervision, including recommendations or           receives clear and accurate information without preferential or
corrective actions when necessary.                                        discriminatory treatment.
                                                                      2. Fairness in Decision-Making
The accountability of corporate organs was reflected in various           All policies and decisions made by BSI are based on the
performance achievements, both operational and financial.                 principle of fairness and do not unduly favor any particular
From a sharia compliance perspective, the Bank ensured that all           party. In resolving disputes or conflicts, BSI applies the principle
products and services complied with the fatwas issued by the              of fairness by providing equal opportunities for all parties to
National Sharia Council (DSN) and the opinions of the Sharia              express their views.
Supervisory Board (SSB).                                              3. Equality in Employment Opportunities
                                                                          BSI applies a transparent and fair system for recruitment,
In relation to Responsibility (Accountability), BSI has ensured           promotion, and career development, without discrimination
compliance with prevailing laws and regulations and the                   based on ethnicity, religion, race, gender, or other backgrounds.
principles of sharia in every operational activity, as well as            All employees are given equal opportunities to develop their
implementing its corporate social responsibility. As a sharia bank,       competencies and advance their careers based on performance
the fundamental basis for implementing sharia principles in all of        and capabilities.
BSI’s activities is the Qur’an and Hadith. These sharia principles    4. Transparency and Customer Protection
are implemented by BSI through good corporate governance,                 BSI provides clear information about its products and services,
in accordance with and guided by various provisions and laws              including risks, benefits, and applicable terms, to enable
of the Republic of Indonesia governing BSI as a limited liability         customers to make well-informed financial decisions. The Bank
company, a bank, and/or a publicly listed company. Furthermore,           also guarantees the protection of customer data and rights in
the Bank adopts a range of best governance standards at both              accordance with prevailing regulations.
national and international levels and expands the scope of its
GCG implementation, including the following:                          By applying the principle of Fairness, BSI strives to create a fair
1. The Corporate Governance principles developed by the               and conducive environment for all stakeholders and to maintain
    Organization for Economic Cooperation and Development             public trust in the sharia banking system.
    (OECD).




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                                                                                                                2024 Annual Report
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REPORT OF THE BOARD OF DIRECTORS,
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As part of evaluating the implementation of the TARIF principles,    COMPOSITION OF THE BOARD OF DIRECTORS BEFORE
in 2024 the Bank also participated in the Corporate Governance       THE 2024 ANNUAL GMS
Perception Index (CGPI) assessment held by The Indonesian            The composition of the Board of Directors prior to the Annual
Institute for Corporate Governance (IICG). The 2024 CGPI             General Meeting of Shareholders on May 17, 2024 consisted of
results awarded BSI a score of 91.80 with the predicate of           10 (ten) members, comprising 1 (one) President Director, 1 (one)
“Highly Trusted,” reflecting that BSI’s corporate organs and all     Vice President Director, and 8 (eight) Directors, as follows:
members of the Bank have demonstrated strong commitment
and consistency in implementing the principles and systems of        Hery Gunardi                  : President Director
Good Corporate Governance (GCG).                                     Bob Tyasika Ananta            : Vice President Director
                                                                     Ngatari                       : Director of Retail Banking
                                                                     Tribuana Tunggadewi           : Director of Compliance &
Assessment of Committees Under                                                                       Human Capital
The Board of Directors                                               Anton Sukarna                 : Director of Sales &
                                                                                                     Distribution
In carrying out their respective duties and responsibilities, the    Ade Cahyo Nugroho             : Director of Finance &
Board of Directors is supported by seven (7) Committees under                                        Strategy
the Board of Directors, consisting of:                               Zaidan Novari                 : Director of Wholesale
1. Risk Management Committee                                                                         Transaction Banking
2. IT Steering Committee                                             Moh. Adib                     : Director of Treasury &
3. Policy & Procedure Committee                                                                      International Banking
4. Business Committee                                                Saladin Dharmanugraha Effendi : Director of Information
5. Human Capital Committee                                                                           Technology
6. Asset and Liability Committee                                     Grandhis Helmi Harumansyah : Director of Risk Managament
7. Crisis Management – Business Continuity Management
    Steering Committee                                               COMPOSITION OF THE BOARD OF DIRECTORS AFTER THE
                                                                     2024 ANNUAL GMS
The performance evaluation of the Committees under the Board         On May 17, 2024, the Annual General Meeting of Shareholders
of Directors is conducted annually based on the execution of their   resolved to:
duties and the meetings held by each committee throughout the        1. Dismiss Hery Gunardi as President Director; Ngatari as
financial year. Based on the assessment conducted by the Board           Director of Retail Banking; Tribuana Tunggadewi as Director
of Directors, all Committees under the Board of Directors carried        of Compliance & Human Capital; Ade Cahyo Nugroho as
out their duties and responsibilities properly throughout 2024.          Director of Finance & Strategy; Anton Sukarna as Director of
                                                                         Sales & Distribution; and Moh. Adib as Director of Treasury
                                                                         & International Banking.
Changes in the Composition of The Board                              2. Reappoint for a second term: Hery Gunardi as President
of Directors                                                             Director; Tribuana Tunggadewi as Director of Compliance &
                                                                         Human Capital; Ade Cahyo Nugroho as Director of Finance
During 2024, there were changes in the composition of the                & Strategy; and Anton Sukarna as Director of Sales &
Board of Directors. Changes in the composition of the Board of           Distribution.
Directors were made based on the Bank’s needs. The changes in        3. Appoint Harry Gusti Utama as Director of Retail Banking and
the composition of the Board of Directors are as follows:                Ari Rizaldi as Director of Treasury & International Banking.




     PT Bank Syariah Indonesia Tbk
40   2024 Annual Report
Page 43
Accordingly, the composition of the Board of Directors after            Zaidan Novari                 : Director of Wholesale
the Annual General Meeting of Shareholders on May 17, 2024                                              Transaction Banking
consisted of 10 (ten) members, comprising 1 (one) President             Saladin Dharmanugraha Effendi : Director of Information
Director, 1 (one) Vice President Director, and 8 (eight) Directors,                                     Technology
as follows:                                                             Grandhis Helmi Harumansyah : Director of Risk Managament
Hery Gunardi                      : President Director                  Harry Gusti Utama             : Director of Retail Banking
Bob Tyasika Ananta                : Vice President Director             Ari Rizaldi                   : Director of Treasury &
Tribuana Tunggadewi               : Director of Compliance &                                            International Banking
                                    Human Capital
Anton Sukarna                     : Director of Sales &
                                    Distribution
Ade Cahyo Nugroho                 : Director of Finance &
                                    Strategy




Closing

The Board of Directors expresses its deepest appreciation to all BSI personnel who continue to innovate, create, adapt, and excel, thus
making significant contributions to the advancement of the Bank as well as the sharia banking and economic sector in Indonesia. It is
our hope that in 2025, BSI will be able to realize its aspiration to become a key pillar in positioning Indonesia as the global hub for the
sharia economy, while continuously delivering sustainable value for the ummah.


Let us be grateful for all achievements throughout 2024 and prepare ourselves to face new challenges, create innovations and
opportunities, and optimize growth potential in the future. Together, we pave the way forward, bring benefits to the ummah, and
contribute to the nation.


Wassalammualaikum warahmatullahi wabarakatuh


                                                       Jakarta, March 21, 2025
                                                   On Behalf of the Board of Directors




                                                             Hery Gunardi
                                                            President Director




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REPORT OF THE BOARD OF DIRECTORS,
BOARD OF COMMISSIONERS, AND SHARIA SUPERVISORY BOARD




     From left to rignt:
     1.     Ade Cahyo Nugroho _ Director of Finance & Strategy
     2.     Tribuana Tunggadewi _ Director of Compliance & Human Capital (sitting)
     3.     Anton Sukarna _ Director of Sales & Distribution
     4.     Bob Tyasika Ananta _ Vice President Director (sitting)
     5.     Saladin Dharmanugraha Effendi _ Director of Information Technology




          PT Bank Syariah Indonesia Tbk
42        2024 Annual Report
Page 45
From left to rignt:
6. Zaidan Novari _ Director of Wholesale Transaction Banking
7. Hery Gunardi _ President Director
8. Grandhis Helmi Harumansyah _ Direktur Risk Managament
9. Ari Rizaldi _ Director of Treasury & International Banking (sitting)
10. Harry Gusti Utama _ Director of Retail Banking




                                                                          PT Bank Syariah Indonesia Tbk
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REPORT OF THE BOARD OF DIRECTORS,
BOARD OF COMMISSIONERS, AND SHARIA SUPERVISORY BOARD




Report of
The Board of Commissioners




                 Assalamualaikum
                  Warahmatullahi
                    Wabarakatuh,
     Respected Shareholders
           and Stakeholders,
 Praise be to Allah SWT, for
it is by His grace and mercy
   that BSI has continued to
    demonstrate remarkable
resilience amidst numerous
                  challenges.


              Muliaman
     Dharmansyah Hadad
      President Commissioner
     concurrently Independent
                Commissioner



      PT Bank Syariah Indonesia Tbk
44    2024 Annual Report
Page 47
BSI recorded solid and sustainable growth, driven by continuous       View on The Performance of
innovation in products and services that have expanded financial      The Board of Directors
inclusion and generated a positive impact on Indonesia's
economy. BSI has consistently upheld sharia principles, offering      In evaluating the performance of the Board of Directors, the
fair and transparent financial solutions with wide-reaching social    Board of Commissioners considered several aspects as the basis
benefits.                                                             of its assessment. These include macroeconomic conditions and
                                                                      performance achievements in terms of operational and financial
We hereby present the Board of Commissioners' supervisory             performance, as well as the overall soundness of the Bank. The
report and advisory activities with respect to the management         assessment of the Board of Directors’ performance is presented
of the Bank for the 2024 fiscal year. This report includes our        below.
assessment of the Board of Directors’ performance in 2024, our
perspective on the business outlook as formulated by the Board        Global economic growth in 2024 was estimated at 3.2%, slightly
of Directors, the implementation of good corporate governance,        lower than the previous year. Despite easing inflation, uncertainty
evaluation of committees under the Board of Commissioners,            remained high due to ongoing trade tensions and geopolitical
and changes in the composition of the Board of Commissioners.         factors. The escalation of the Israel–Palestine conflict into broader
                                                                      regional tensions in the Middle East further weighed on global
                                                                      economic growth. As an oil-producing region, the conflict led to
Assessment of The Board of Directors’                                 volatility in commodity markets, particularly crude oil. In response,
Performance                                                           Brent crude prices surged in October 2024 due to geopolitical
                                                                      sentiment-driven shocks. Nevertheless, overall commodity prices
The Board of Commissioners has continuously performed its             declined throughout the year, supported by adequate supply amid
supervisory and advisory functions to the Board of Directors.         relatively restrained demand. The easing of supply disruptions,
The purpose of our advisory role is to ensure that the policies       especially due to the declining intensity of the Russia–Ukraine
and decisions made by the Board of Directors align with the           conflict, also contributed to commodity price stability.
interests of the Bank. Advice from the Board of Commissioners
is provided through Board of Commissioners and Directors              Domestically, the Indonesian economy demonstrated resilience,
Meetings, Joint Meetings between the Board of Commissioners,          maintaining stability and a positive growth trajectory. Indonesia’s
Board of Directors, and the Sharia Supervisory Board, as well         economy grew steadily at 5.03% yoy in 2024, mainly driven by
as meetings with Bank management and relevant committees.             strong domestic demand amidst declining net exports, following
Throughout 2024, the Board of Commissioners convened 12               a drop in commodity prices and slowing global growth. Stable
Board of Commissioners and Directors Meetings and held 3              and controlled inflation throughout 2024 supported consumer
(three) Joint Meetings with the Board of Directors and the Sharia     purchasing power. The decline in inflation was largely attributed
Supervisory Board.                                                    to the easing of El Niño impacts, which ensured adequate food
                                                                      supply. In addition, adjustments in fuel prices aligned with
In carrying out its oversight and advisory functions, the Board of    declining global oil prices, and policies to lower air and rail ticket
Commissioners was actively involved in the formulation of the         prices, also contributed to disinflation. Meanwhile, rising global
Bank’s strategy and supervision of its implementation. Oversight      gold prices led to higher domestic prices for gold and jewelry,
of the Bank’s strategy formulation was conducted by reviewing         thereby increasing core inflation.
and providing direction on the preparation of the Bank’s
Business Plan (RBB) for 2024–2026 and the Corporate Plan.             In the sharia banking industry, sharia banking recorded positive
The Board of Commissioners also supervised and advised on the         growth throughout 2024. Total sharia banking assets reached
implementation of the Bank’s strategy through Joint Meetings          IDR 980.29 trillion, growing 9.89% yoy, with a market share of
with the Board of Directors. The Board directed, monitored, and       7.72% as of December 2024. Sharia financing rose by 9.92% yoy
evaluated the execution of the Bank’s strategic policies, including   to IDR 643.55 trillion, while third-party funds (TPF) increased by
assessments of the RBB, Corporate Plan, and monthly financial         10.09% yoy to IDR 753.6 trillion.
performance in 2024. The Board of Commissioners supervised
efforts to achieve the Bank’s business targets, particularly in key   Liquidity in the sharia banking sector remained adequate, as
areas such as financing distribution, asset quality improvement,      reflected in the Liquid Assets/Non-Core Deposit (AL/NCD) ratio
third-party funds collection, productivity, and operational           of 154.52% and the Liquid Assets/Third Party Funds (AL/DPK)
efficiency.                                                           ratio of 32.09%, both well above the regulatory minimum. The
                                                                      Capital Adequacy Ratio (CAR) stood at 25.4%. Profitability was
                                                                      maintained, with a Return on Assets (ROA) of 2.04%. Financing
                                                                      risk remained under control, with a gross Non-Performing
                                                                      Financing (NPF) ratio of 2.12% and a net NPF of 0.79%. The
                                                                      sector also continued to adapt through strategic policies aimed
                                                                      at strengthening the sharia financial ecosystem.




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REPORT OF THE BOARD OF DIRECTORS,
BOARD OF COMMISSIONERS, AND SHARIA SUPERVISORY BOARD




Amid these economic conditions, the Board of Commissioners             is on a downward trend. Looking ahead, inflation is expected
views that the Board of Directors has demonstrated strong              to remain within the target range of 2.5±1% and maintain its
leadership in navigating both challenges and opportunities,            declining trend. This low and controlled inflation also supports
resulting in solid performance in 2024. This is reflected in           consumer purchasing power, thereby boosting economic
the Bank’s operational and financial achievements. From an             growth. Nevertheless, several risks—especially those related
operational perspective, Commercial Banking financing reached          to the impact of escalating geopolitical tensions such as rising
IDR 18.50 trillion in 2024, a 42.63% increase from IDR 12.97           commodity prices (including oil), climate-related risks, and
trillion in 2023. Commercial Banking funding also rose by              imported inflation stemming from rising global commodity
71.86% from IDR 6.99 trillion in 2023 to IDR 12.01 trillion in         prices and potential Rupiah depreciation—must continue to be
2024. Institutional Banking funding reached IDR 89.46 trillion         addressed and monitored.
in 2024, up 12.14% from IDR 79.77 trillion in 2023. Retail
segment financing stood at IDR 201.26 trillion, an increase            In 2025, the sharia banking sector in Indonesia is expected
of 16.47% compared to IDR 172.81 trillion in 2023. Likewise,           to experience significant development. Several key factors
Retail segment funding grew by 10.59% from IDR 185.57 trillion         influencing the economic conditions from the sharia banking
in 2023 to IDR 205.23 trillion in 2024. Funding in the Treasury        perspective include market dynamics, government policies, and
Banking and Head Office segments reached IDR 26.60 trillion,           global trends supporting the growth of the sector. The expected
up IDR 12.10 trillion from IDR 14.51 trillion in 2023.                 decrease in interest rates may enhance market liquidity, which
                                                                       in turn will support banking intermediation. The BI rate (Bank
In terms of financial performance, fund management income as           Indonesia rate) affects the adjustment of banks’ Base Lending
mudharib amounted to IDR 25.30 trillion in 2024, up 13.69%             Rate (SBDK), which could potentially drive credit growth to a
from IDR 22.25 trillion in 2023. The Bank’s share of profit from       range of 11%–13% in 2025. Meanwhile, third-party funds (TPF)
fund management increased by 7.08% from IDR 16.26 trillion in          are projected to grow at around 10% in 2025, in line with the
2023 to IDR 17.41 trillion in 2024. Net profit in 2024 reached         potential monetary policy easing by Bank Indonesia during the
IDR 7.01 trillion, a 22.83% increase from IDR 5.70 trillion in 2023.   year.
Total assets amounted to IDR 408.61 trillion, up 15.55% from IDR
353.62 trillion in 2023. Equity rose by 16.27% from IDR 38.74          In 2025, Bank Indonesia will implement pro-growth policies
trillion in 2023 to IDR 45.04 trillion in 2024.                        focused on the development of the sharia economy and finance.
                                                                       The growth of the sharia economy is expected to continue its
In addition to operational and financial performance, the Bank’s       positive trend, with projected growth of around 4.8% to 5.6%.
soundness level also served as a key consideration in the Board
of Commissioners’ evaluation. Bank soundness was assessed              After considering the economic conditions, the Board of
based on OJK Regulation Number 08/POJK.03/2014 dated                   Commissioners is of the view that the business prospects
June 11, 2014 concerning the Rating of Soundness Level for             prepared by the Board of Directors are appropriate. The Board
Sharia Commercial Banks and Sharia Business Units, using a Risk-       of Commissioners believes that BSI will be able to capitalize on
Based Bank Rating (RBBR) approach. Based on this approach,             existing opportunities, including the strong public and customer
BSI was assigned Composite Rating 2 (PK-2), indicating that            preference for sharia, BSI’s strong positioning in the sharia
the Bank is generally in sound condition and deemed capable            banking industry, government support for sharia finance, the
of withstanding significant negative effects from changes in           significant potential for increasing the sharia market share in the
business conditions and external factors.                              national banking industry, and synergies with the Parent Bank.



View on Business Prospects Prepared by                                 View on the Implementation of Bank
The Board of Directors                                                 Governance

Despite several global challenges such as geopolitical tensions        The implementation of Good Corporate Governance (GCG) is
and climate change, global economic growth is projected to             one of the key factors in maintaining long-term sustainability and
remain stable at around 3% to 3.5% in 2025. Risks such as the          success of a company. Therefore, BSI is committed to applying
stalled economic recovery in China and escalating geopolitical         GCG in its operations, as good governance not only supports
tensions amid the uncertainty of the U.S. leadership transition        the achievement of short-term goals, but also ensures the Bank
must continue to be closely monitored as they could potentially        operates with a high standard of transparency, accountability,
hamper global economic growth.                                         and integrity. The Board of Commissioners consistently carries
                                                                       out its supervisory function to ensure that the management
Amid these global economic conditions, Indonesia’s economy             of the Bank by the Board of Directors complies with prevailing
is projected to continue experiencing stable growth in 2025,           laws and regulations, and provides necessary advice or opinions
with Gross Domestic Product (GDP) growth forecasted at                 regarding any strategic actions or activities aimed at achieving
approximately 5% to 5.5%. As commodity prices continue to              the Bank’s objectives. The Board of Commissioners is of the
normalize, inflation in general, including domestic inflation,         view that the implementation of GCG within the Bank has


      PT Bank Syariah Indonesia Tbk
46    2024 Annual Report
Page 49
been carried out properly. This is evident through the following     Organizations of the Treadway Commission (COSO). The COSO
components.                                                          model includes the following components: Internal Environment,
                                                                     Objective Setting, Event Identification, Risk Assessment, Risk
Compliance with Sharia Principles                                    Response, Control Activities, Information & Communication, and
                                                                     Monitoring.
BSI remains committed to implementing Sharia Principles in
conducting its business activities. To ensure compliance with        The Board of Directors is responsible for the implementation of a
Sharia Principles, the Bank has implemented Sharia Governance,       reliable and effective Internal Control System and is also obliged
which includes the execution of duties and responsibilities of the   to strengthen an effective risk-awareness culture and ensure
Sharia Supervisory Board (SSB), implementation of the sharia         that it is embedded at every level of the organization. Internal
compliance function, sharia risk management function, sharia         Audit is responsible for evaluating and actively enhancing the
internal audit function, and external review of sharia governance.   effectiveness of the Internal Control System continuously
The Board of Commissioners continues to coordinate with the          in relation to the Bank's operational activities in achieving
Board of Directors and the Sharia Supervisory Board to ensure        the company’s targets. Internal Audit conducts periodic and
that the Bank's business activities comply with sharia principles.   incidental audits on all activities within work units. The evaluation
                                                                     results of the Internal Control System are submitted to the Board
Risk Management                                                      of Directors and the Board of Commissioners for further action
                                                                     and effective monitoring. Based on the 2024 evaluation of the
Alongside external dynamics and the continued development            Bank’s Internal Control System, the Board of Directors and the
of BSI’s products and services, the implementation of risk           Board of Commissioners declared that the system had been
management becomes increasingly important. This not only             adequately implemented.
reflects a commitment to regulatory compliance, but also
management's prudence in operating the Bank. The goal is for         Whistleblowing System
BSI's performance to continue growing sustainably, supported
by adequate risk management implementation. Through                  The Whistleblowing System (WBS) is a reporting mechanism
proper risk management, the Bank and its affiliated entities are     that enables all parties to participate in the prevention and early
expected to be protected from the impacts of changes in the          detection of irregularities within the Bank. BSI is fully committed
business environment that may result in losses. In addition, risk    to providing support and protection to every whistleblower,
management implementation is also expected to create added           ensuring the confidentiality of their identity, as well as the
value for all of the Bank’s stakeholders. In accordance with         investigation and disclosure of reported cases. Follow-up actions
regulations, the Bank’s risk management consists of a series         are carried out once the Bank verifies that the report is accurate
of methodologies and procedures used to identify, measure,           and supported by sufficient evidence.
monitor, and control risks arising from all of the Bank’s business
activities. BSI routinely evaluates the effectiveness of its risk    The unit or function responsible for managing the WBS reports
management framework and conducts internal dissemination to          directly to the President Director or a Director appointed by the
instill a strong risk culture across the organization.               President Director, and maintains direct communication and
                                                                     reporting lines to the Board of Commissioners. In implementing
Based on the results of reviews and discussions with Management,     the Whistleblowing System (WBS), the Board of Commissioners
the Risk Oversight Committee, the Audit Committee, Internal          plays a role in reviewing the results of special audit reports based
Audit, External Auditor, and several related Units, the Board of     on WBS submissions.
Directors and the Board of Commissioners concluded that risk
management was adequately implemented in 2024.                       The Bank also conducts awareness campaigns regarding the
                                                                     whistleblowing reporting channels and Anti-Gratification
Internal Control System                                              policies for all employees through desktop notifications, the
                                                                     Bank’s website, training activities, sharing sessions, weekly
The Internal Control System consists of eight interrelated           Taujih sessions, and through information provided to customers,
components that are effectively implemented at all                   partners, and the public. The Board of Commissioners believes
organizational levels within BSI to ensure the achievement of        that the management of the Whistleblowing System at the
the Bank’s objectives. This system is an expansion of the five       Bank has been running well, as evidenced by the handling and
core elements of the Internal Control System as regulated by         follow-up of the reports received. In 2024, the Bank received 60
the authorities through OJK Regulation No. 35/SEOJK.03/2017          whistleblowing reports. Of these, 20 have been followed up, 3 are
concerning Guidelines for the Standard Internal Control System       in progress, 3 have not yet been followed up, and 34 were deemed
for Commercial Banks.                                                unqualified for follow-up. Of the reports that were followed up,
                                                                     19 were proven and have been sanctioned in accordance with the
At BSI, the Internal Control System is established in the form       Bank’s regulations.
of the Internal Control System Policy, which refers to the 2008
COSO Model developed by the Committee of Sponsoring


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                                                                                                              2024 Annual Report
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REPORT OF THE BOARD OF DIRECTORS,
BOARD OF COMMISSIONERS, AND SHARIA SUPERVISORY BOARD




Sustainabillity Governance                                              in accordance with applicable regulations. The performance
                                                                        evaluation of the Committees under the Board of Commissioners
As a sharia bank, BSI also bears the responsibility of protecting       is conducted annually by the Board of Commissioners.
the environment and providing social benefits for future
generations. This is in line with the principles of Maqashid            The Audit Committee is tasked with assisting the Board of
Sharia, which include Hifdz Ad-Din (protection of religion), Hifdz      Commissioners in supervising the Bank, particularly in overseeing
An-Nafs (protection of life), Hifdz Al-Aql (protection of intellect),   matters related to financial information, the Internal Control
Hifdz Al-Mal (protection of wealth), Hifdz An-Nasb (protection          System, and the effectiveness of examinations carried out by
of progeny), and Hifdz Al-Bi’ah (protection of the environment).        internal and external auditors. Throughout 2024, the Audit
                                                                        Committee fulfilled its duties and responsibilities effectively.
As part of BSI’s commitment to implementing sustainability
practices aligned with Maqashid Sharia, the Bank has established        The Nomination and Remuneration Committee is responsible
a sustainability governance structure (ESG Governance Structure)        for assisting the Board of Commissioners in matters related to
outlined in the ESG Guiding Principle. The implementation of            the nomination and remuneration of members of the Board of
ESG is overseen by the Board of Commissioners, the Board                Directors and the Board of Commissioners. Throughout 2024,
of Directors, and the Sharia Supervisory Board, who actively            the Nomination and Remuneration Committee fulfilled its duties
monitor the implementation of sustainable finance. Their                and responsibilities effectively.
oversight includes the preparation of the Sustainable Finance
Action Plan, the development of the Sustainability Report, and          The Risk Monitoring Committee is responsible for overseeing
the determination of sustainability strategies.                         and providing advice to the Board of Directors regarding the
                                                                        Bank’s risk management. Throughout 2024, the Risk Monitoring
BSI has strengthened its sustainability governance structure by         Committee fulfilled its duties and responsibilities effectively.
forming an ESG Working Group under the supervision of the
Vice President Director, as stipulated in the Board of Directors
Decree No. 03/219-KEP/DIR dated June 6, 2024, regarding                 Changes in the Composition of The Board
the Establishment of the ESG Group and the appointment of               of Commissioners
the Data Protection Officer (DPO) under the supervision of
the Director of Compliance & Human Capital. Additionally,               In 2024, there were changes in the composition of the Board of
an ESG Sub-Committee has been established under the Risk                Commissioners, made in accordance with the Bank’s needs. The
Management Committee. Governance enhancement has also                   changes are as follows:
been supported by the development and issuance of Standard
Operating Procedures (SOPs) for sustainable finance, as well            COMPOSITION OF THE BOARD OF COMMISSIONERS
as the publication of the ESG Guiding Principle. BSI has also           BEFORE THE 2024 ANNUAL GMS
developed a sustainable finance framework based on the Bank’s
sustainability vision: “The Best Global Islamic Bank Based on           As of before the Annual General Meeting of Shareholders
Implementation of Sustainable Finance.” This framework is built         on May 17, 2024, the Board of Commissioners comprised 9
upon three strategic pillars: Sustainable Banking, Sustainable          (nine) members, consisting of 1 (one) President Commissioner
Operations, and Sustainable beyond Banking.                             concurrently serving as Independent Commissioner, 1 (one) Vice
                                                                        President Commissioner concurrently serving as Independent
Under the Sustainable Banking pillar, BSI is committed to               Commissioner, 5 (five) Commissioners, and 2 (two) Independent
becoming a leader in sustainable product innovation. For                Commissioners, as follows:
Sustainable Operations, the Bank is committed to achieving net-
zero emissions in operations by 2033. Under the Sustainable             Muliaman Dharmansyah Hadad : President Commissioner
Beyond Banking pillar, BSI aims to become a leader in the                                            concurrently Independent
ZISWAF ecosystem to generate social impact and contribute to                                         Commissioner
the achievement of the SDGs.                                            Adiwarman Azwar Karim      : Vice President Commissioner
                                                                                                     concurrently Independent
                                                                        Masduki Baidlowi           : Commissioner
Performance Assessment of Committees                                    Suyanto                    : Commissioner
Under The Board of Commissioners                                        Abu Rokhmad                : Commissioner
                                                                        Imam Budi Sarjito          : Commissioner
The Board of Commissioners ensures that the Committees under            Sutanto                    : Commissioner
its supervision—namely the Audit Committee, Risk Monitoring             Komaruddin Hidayat         : Independent Commissioner
Committee, and Nomination and Remuneration Committee—                   Mohamad Nasir              : Independent Commissioner
have performed their duties and functions effectively and




      PT Bank Syariah Indonesia Tbk
48    2024 Annual Report
Page 51
COMPOSITION OF THE BOARD OF COMMISSIONERS                               Muliaman Dharmansyah Hadad : President Commissioner
AFTER THE 2024 ANNUAL GMS                                                                            concurrently Independent
                                                                                                     Commissioner
At the Annual GMS held on May 17, 2024, the following                   Adiwarman Azwar Karim      : Vice President Commissioner
decisions were made to:                                                                              concurrently / Independent
1. Dismiss Adiwarman Azwar Karim as Vice President                                                   Commissioner
    Commissioner / Independent Commissioner; Suyanto,                   Masduki Baidlowi           : Commissioner
    Masduki Baidlowi, Imam Budi Sarjito, and Sutanto as                 Suyanto                    : Commissioner
    Commissioners; and Komaruddin Hidayat as Independent                Abu Rokhmad                : Commissioner
    Commissione.                                                        Fauzi                      : Commissioner
2. Reappoint Adiwarman Azwar Karim as Vice President                    Nazaruddin                 : Commissioner
    Commissioner / Independent Commissioner, and to                     Komaruddin Hidayat         : Independent Commissioner
    reappoint Suyanto, Masduki Baidlowi, and Komaruddin                 Mohamad Nasir              : Independent Commissioner
    Hidayat as Commissioners for a second term.                         Felicitas Tallulembang     : Independent Commissioner
3. Appoint Fauzi and Nazaruddin as Commissioners, and
    Felicitas Tallulembang as an Independent Commissioner.


As a result, the composition of the Board of Commissioners
following the Annual General Meeting of Shareholders on May
17, 2024 consists of 10 (ten) members, comprising 1 (one)
President Commissioner concurrently serving as Independent
Commissioner, 1 (one) Vice President Commissioner concurrently
serving as Independent Commissioner, 5 (five) Commissioners,
and 3 (three) Independent Commissioners:




Closing

The achievements of 2024 would not have been possible without the hard work of the entire Board of Directors, management, and
employees of BSI, who remain committed to realizing the Bank’s vision and mission. The Board of Commissioners also expresses its
appreciation to all customers for their continued trust in BSI as their financial partner, and to all stakeholders who have supported BSI's
journey thus far.


We hope that the achievements of 2024 will serve as a strong foundation for BSI to continue its growth in the years ahead. We remain
optimistic that, through solid collaboration, a steadfast commitment to Sharia principles, and a focus on sustainability, BSI will continue
to make a positive contribution to Indonesia’s economic development.


Finally, we extend our sincere gratitude to all parties who have provided support and trust in BSI. May Allah SWT always guide and
bless us all.


Wassalammualaikum warahmatullahi wabarakatuh


                                                      Jakarta, March 21, 2025
                                               On behalf of the Board of Commissioners




                                                Muliaman Dharmansyah Hadad
                                   President Commissioner concurrently Independent Commissioner




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                                                                                                                2024 Annual Report
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REPORT OF THE BOARD OF DIRECTORS,
BOARD OF COMMISSIONERS, AND SHARIA SUPERVISORY BOARD




     From left to rignt:
     1.    Mohamad Nasir _ Independent Commissioner
     2.    Felicitas Tallulembang _ Independent Commissioner (sitting)
     3.    Abu Rokhmad _ Commissioner
     4.    Adiwarman Azwar Karim _ Vice President Commissioner concurrently / Independent Commissioner (sitting)
     5.    Fauzi _ Commissioner




          PT Bank Syariah Indonesia Tbk
50        2024 Annual Report
Page 53
From left to rignt:
6. Muliaman Dharmansyah Hadad _ President Commissioner concurrently Independent Commissioner (sitting)
7. Nazaruddin _ Commissioner
8. Komaruddin Hidayat _ Independent Commissioner
9. Suyanto _ Commissioner
10. Masduki Baidlowi _ Commissioner (sitting)




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                                                                                                            2024 Annual Report
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REPORT OF THE BOARD OF DIRECTORS,
BOARD OF COMMISSIONERS, AND SHARIA SUPERVISORY BOARD




Report of
The Sharia Supervisory Board




               Assalamu’alaikum
                 warahmatullahi
                   wabarakatuh
                 Dear Esteemed
               Stakeholders and
                  Shareholders,
   Alhamdulillah, all praise
  and gratitude be to Allah
 SWT for His blessings and
        mercy upon us all.


             Prof. Dr. KH.
         Hasanudin, M.Ag
      Chairman of the Sharia
          Supervisory Board



     PT Bank Syariah Indonesia Tbk
52   2024 Annual Report
Page 55
The year 2024 was a period filled with both challenges and          3. Supervisory Reports and Recommendations
opportunities for BSI as it continues its journey as the largest       During the 2024 period, the Sharia Supervisory Board
Islamic bank in Indonesia. As a financial institution based on         submitted its Supervisory Reports in a timely manner.
sharia principles, we remain committed to maintaining rigorous
oversight of all products and services offered by the Bank to
ensure continued compliance with applicable sharia regulations.     Performance Assessment of Sharia
                                                                    Supervisory Board
As members of the Sharia Supervisory Board (SSB), we are
responsible for ensuring that all BSI products, services, and       The performance assessment of the Sharia Supervisory Board
activities align with Islamic Sharia principles, which prioritize   (SSB) is conducted through a self-assessment mechanism, carried
justice, transparency, and the welfare of the ummah. In carrying    out periodically every semester and submitted to the Financial
out our duties and functions, the SSB works closely with the        Services Authority (OJK) for approval. The submission of the
Board of Directors and management to provide guidance and           Sharia Supervisory Board’s Supervisory Report is conducted on a
oversee the implementation of established Sharia policies.          semi-annual basis to the OJK’s Sharia Banking Department and
                                                                    the National Sharia Council of the Indonesian Ulema Council
                                                                    (DSN-MUI). Throughout 2024, the Sharia Supervisory Board
Implementation of Sharia Supervisory                                performed its duties and responsibilities properly.
Board Activities in 2024

In 2024, the Sharia Supervisory Board carried out the following     Syariah Changes in the Composition of
activities:                                                         The Sharia Supervisory Board
1. Conduct of Meetings
    The Sharia Supervisory Board (SSB) is required to convene       In 2024, there were changes in the composition of the Sharia
    SSB Meetings at least once every month. Decisions of the        Supervisory Board members. These changes were made based
    Sharia Supervisory Board are made based on deliberation         on the Bank’s needs. The changes are detailed as follows:
    and consensus. All decisions and outcomes of the meetings
    must be documented in the minutes of meeting, which serve       COMPOSITION OF THE SHARIA SUPERVISORY BOARD
    as the collective decisions of all SSB members. The minutes     BEFORE THE 2024 ANNUAL GMS
    must be properly documented by the Bank. Throughout
    2024, the Sharia Supervisory Board held 27 (twenty-seven)       The composition of the Sharia Supervisory Board prior to the
    meetings.                                                       Annual General Meeting of Shareholders on May 17, 2024
2. Frequency and Method of Providing Advice and Suggestions         consisted of 4 (four) members: 1 (one) Chairman and 3 (three)
    as well as Monitoring Sharia Compliance                         members, as follows:
    The Sharia Supervisory Board provided advice and
    suggestions through various means to ensure the                 Prof. Dr. KH. Hasanudin, M.Ag          : Chairman of the Sharia
    implementation of Sharia principles in capital market                                                    Supervisory Board
    activities. Advice was delivered through regular meetings       DR. H. Mohamad Hidayat, MBA, M.H : Member of the Sharia
    and discussions with the Bank’s management or relevant                                                   Supervisory Board
    institutions to address operational issues and ensure sharia    Dr. H. Oni Sahroni, MA                 : Member of the Sharia
    compliance. In addition, the SSB may issue written reports                                               Supervisory Board
    detailing their audit findings and supervisory activities,      Prof. Dr. K.H. Didin Hafidhuddin, M.Sc : Member of the Sharia
    including necessary recommendations or corrective actions.                                               Supervisory Board
    Throughout 2024, the Sharia Supervisory Board issued 54
    (fifty-four) directives and recommendations related to the
    Bank’s governance.




                                                                                                  PT Bank Syariah Indonesia Tbk
                                                                                                           2024 Annual Report
                                                                                                                                  53
Page 56
REPORT OF THE BOARD OF DIRECTORS,
BOARD OF COMMISSIONERS, AND SHARIA SUPERVISORY BOARD




COMPOSITION OF THE SHARIA SUPERVISORY BOARD                           As a result, the composition of the Sharia Supervisory Board
AFTER THE 2024 ANNUAL GMS                                             after the Annual General Meeting of Shareholders on May 17,
                                                                      2024 consists of 5 (five) members: 1 (one) Chairman and 4 (four)
On May 17, 2024, the Annual General Meeting of Shareholders           members, as follows:
resolved to:
1. Dismiss Hasanudin from his position as Chairman of the             Prof. Dr. KH. Hasanudin, M.Ag         : Chairman of the Sharia
    Sharia Supervisory Board; and dismiss Mohamad Hidayat,                                                    Supervisory Board
    Oni Sahroni, and Didin Hafidhuddin from their positions as        DR. H. Mohamad Hidayat, MBA, M.H : Member of the Sharia
    members of the Sharia Supervisory Board.                                                                  Supervisory Board
2. Reappoint Hasanudin as Chairman, and reappoint Mohamad             Dr. H. Oni Sahroni, MA                : Member of the Sharia
    Hidayat and Oni Sahroni as members of the Sharia                                                          Supervisory Board
    Supervisory Board for a second term.                              Dr. KH. Abdul Ghofur Maimoen, M.A. : Member of the Sharia
3. Appoint Jaih Mubarok and Abdul Ghofur Maimoen as new                                                       Supervisory Board
    members of the Sharia Supervisory Board.                          Prof. Dr. Jaih Mubarok, SE, M.H, M.Ag : Member of the Sharia
                                                                                                              Supervisory Board




Closing

We would like to express our sincere gratitude to all parties — the Board of Directors, management, employees, and all customers —
for their continued support of BSI in operating in accordance with sharia principles. The trust placed in BSI is a mandate that must be
upheld and accounted for with utmost responsibility. We hope that BSI will continue to grow into a sharia bank that excels not only in
performance but also in delivering a positive impact to Indonesian society through the implementation of fair and Islamically guided
sharia principles.


May Allah SWT always bestow His guidance and blessings for the success of BSI in carrying out its vision and mission in the future.


Wassalamualaikum Warahmatullahi Wabarakatuh


                                                      Jakarta, March 21, 2025
                                              On behalf of the Sharia Supervisory Board




                                                Prof. Dr. KH. Hasanudin, M.Ag
                                              Chairman of the Sharia Supervisory Board




     PT Bank Syariah Indonesia Tbk
54   2024 Annual Report
Page 57
From left to rignt:
1. Dr. H. Oni Sahroni, MA _ Member of the Sharia Supervisory Board
2. Prof. Dr. Jaih Mubarok, SE, M.H, M.Ag _ Member of the Sharia Supervisory Board (sitting)
3. Prof. Dr. KH. Hasanudin, M.Ag _ Chairman of the Sharia Supervisory Board
4. DR. H. Mohamad Hidayat, MBA, M.H _ Member of the Sharia Supervisory Board (sitting)
5. Dr. KH. Abdul Ghofur Maimoen, M.A. _ Member of the Sharia Supervisory Board



                                                                                              PT Bank Syariah Indonesia Tbk
                                                                                                       2024 Annual Report
                                                                                                                              55
Page 58
Statement Letter
Members of Board of Directors and Members of the Board of Commissioners
Regarding Responsibility for the 2024 Annual Report of
PT Bank Syariah Indonesia Tbk.



We, the undersigned, hereby declare that all information contained in the 2024 Annual Report of PT Bank Syariah Indonesia Tbk
has been presented in its entirety, and that we assume full responsible for the accuracy of the contents
of the PT Bank Syariah Indonesia Tbk Annual Report.


This statement is hereby made truthfully.



Jakarta, March 21, 2025



                                                   BOARD OF DIRECTORS




                                                         Hery Gunardi
                                                        President Director




          Bob Tyasika Ananta                         Harry Gusti Utama                         Tribuana Tunggadewi
           Vice President Director                    Retail Banking Director             Compliance & Human Capital Director




         Ade Cahyo Nugroho                              Anton Sukarna                    Saladin Dharmanugraha Effendi
        Finance & Strategy Director                Sales & Distribution Director             Information Technology Director




     Grandhis Helmi Harumansyah                         Zaidan Novari                                 Ari Rizaldi
         Risk Management Director            Wholesale Transaction Banking Director     Treasury & International Banking Director




      PT Bank Syariah Indonesia Tbk
56    2024 Annual Report
Page 59
                                       BOARD OF COMMISSIONERS




                                     Muliaman Dharmansyah Hadad
                                President Commissioner/Independent Commissioner




Adiwarman Azwar Karim                      Komaruddin Hidayat                        Mohamad Nasir
 Vice President Commissioner/              Independent Commissioner               Independent Commissioner
  Independent Commissioner




 Felicitas Tallulembang                           Suyanto                           Masduki Baidlowi
 Independent Commissioner                        Commissioner                           Commissioner




      Abu Rokhmad                                   Fauzi                               Nazaruddin
       Commissioner                              Commissioner                           Commissioner




                                                                                    PT Bank Syariah Indonesia Tbk
                                                                                             2024 Annual Report
                                                                                                                    57
Page 60
COMPANY
PROFILE
     PT Bank Syariah Indonesia Tbk
58   2024 Annual Report
Page 61
03




PT Bank Syariah Indonesia Tbk
         2024 Annual Report
                                59
Page 62
COMPANY
PROFILE




Company
Identity




                                                                                   COMPANY NAME


                                                                        PT BANK SYARIAH INDONESIA TBK




                    COMMON NAME                                                   LINE OF BUSINESS



           BSI                                                              Commercial Bank based on Sharia Principle



        LEGAL BASIS OF ESTABLISHMENT                                              BUSINESS LICENSE

           • State Gazette of the Republic of Indonesia                     • Decree of the Governor of Bank Indonesia
             No. 43 - May 28, 1971 -Supplement No. 242                        No. 10/67/KEP.GBI/DpG/2008 dated October
           • State Gazette of the Republic of Indonesia                       16, 2008.
             No. 85 - October 23, 2009 - Supplement No. 26142               • Decree of the Governor of Bank Indonesia
           • State Gazette of the Republic of Indonesia                       No. 11/63/KEP.GBI/DpG/2009 dated December
             No. 96 - December 1, 2009 - Supplement No. 27908.                15, 2009.
           • Deed No. 8 - January 8, 2018, made by Notary                   • Decree of the Board of Commissioners of the
             Fathia Helmi S.H.                                                Financial Services Authority No. 4/KDK.03/2021
           • Deed No. 38 - January 14, 2021, made by Notary                   dated January 27, 2021.
             Jose Dima Satria S.H., M.Kn


                                                  OFFICE NETWORK DATA

           • 10 Regional Offices                                 • 91 Functional Offices (KF)
           • 153 Branch Offices (KC)                             • 23 Priority Service Counters
           • 1 Overseas Branch Office (KCLN)                     • 754 Pawn Services
           • 886 Assistant Branch Offices (KCP)                  • 5,425 Automated Teller Machines (ATMs)
           • 60 Mobile KCP (dhi: MKK)




     PT Bank Syariah Indonesia Tbk
60   2024 Annual Report
Page 63
                                          AUTHORIZED CAPITAL


                                   Rp
                                        40,000,000,000,000


      ISSUED AND PAID-UP CAPITAL                         STOCK CODE

Rp
     23,064,630,069,000                                     BRIS




                             ACCESS TO INFORMATION

Head Office                                     Company Secretary
Gedung The Tower,                               Wisnu Sunandar
Jl. Gatot Subroto No. 27                        Email: corporate.secretary@bankbsi.co.id
Kelurahan Karet Semanggi,                       Investor Relation
Kecamatan Setiabudi,                            Rizky Budinanda
Jakarta Selatan 12930                           Email: investor-relations@bankbsi.co.id




Telephone                                       Media Sosial
(62-21) 30405999                                Facebook    : Bank Syariah Indonesia
                                                Instagram   : @banksyariahindonesia
                                                              @lifewithbsi
Facsimile                                                     @BSIMobile
                                                Youtube     : Bank Syariah Indonesia
(62-21) 30421888
                                                Twitter     : @bsihelp
                                                              @bankbsi_id

Website
https://www.bankbsi.co.id/                      Call Center
                                                14040
                                                1500789
Email
                                                (specially serving
contactus@bankbsi.co.id                         corporate and institutional customers)




                                                                 PT Bank Syariah Indonesia Tbk
                                                                          2024 Annual Report
                                                                                                 61
Page 64
COMPANY
PROFILE




Name and Address of Regional Office
and Branch Office

Regional Office

     Region Office Aceh                                            Region Office Medan

     Jl. Tgk. Moh. Daud Beureueh No. 15 H,                         Jl. Kejaksaan No. 3B, Kel. Petisah Tengah,
     Kel. Keuramat, Kec. Kuta Alam Kota Banda Aceh                 Kec. Medan Petisah Kota Medan
     Telp : 061-4534466                                            Telp : 061-4534466
     Fax      : 061-4534466                                        Fax     : 061-4534466
     Email : contactus@bankbsi.co.id                               Email : contactus@bankbsi.co.id
     Web : www.bankbsi.co.id                                       Web : www.bankbsi.co.id



     Region Office Palembang                                       Region Office Jakarta 1

     Jl. Demang Lebar Daun No. 507, Kel. Lorok Pakjo,              Wisma Mandiri 2, Jl. M.H. Thamrin No.5, RT.2/RW.1,
     Kec. Ilir Barat I Kota Palembang                              Kel. Kebon Sirih, Kec. Menteng Wil. Kota Jakarta Pusat
     Telp : 0711-318904                                            Telp : -
     Fax      :-                                                   Fax    :-
     Email : contactus@bankbsi.co.id                               Email : contactus@bankbsi.co.id
     Web : www.bankbsi.co.id                                       Web : www.bankbsi.co.id



     Region Office Jakarta 2                                       Region Office Bandung

     Gedung BSI, Jl. Sultan Hasanudin No.57 RT/RW 6/3,             Jl. Asia Afrika No.174,
     Kel. Melawai, Kec. Kebayoran Baru Wil. Kota Jakarta Selatan   Kel. Paledang, Kec. Lengkong Kota Bandung
     Telp : 021-7212 0169                                          Telp : +62 22 20544940
     Fax    :-                                                     Fax      :
     Email : contactus@bankbsi.co.id                               Email : contactus@bankbsi.co.id
     Web : www.bankbsi.co.id                                       Web : www.bankbsi.co.id



     Region Office Semarang                                        Region Office Surabaya

     Jl. Pandanaran No.127,                                        Jl. Basuki Rahmat No.17-19,
     Kel. Mugassari, Kec. Semarang Selatan Kota Semarang           Kel. Embong Kaliasin, Kec. Genteng Kota Surabaya
     Telp : 024-76442018/024-76442021                              Telp : 031 99255416
     Fax     :-                                                    Fax     : 031 99255416
     Email : contactus@bankbsi.co.id                               Email : contactus@bankbsi.co.id
     Web : www.bankbsi.co.id                                       Web : www.bankbsi.co.id



     Region Office Kalimantan                                      Region Office Makassar

     Jl. Lambung Mangkurat No. 16,                                 Jl. Dr. Ratulangi No. 79,
     Kel. Kertak Baru, Kec. Banjarmasin Kota Banjarmasin           Kel. Labuang Baji, Kec. Mamajang Kota Makassar
     Telp : (0511) 3366408, 3366409                                Telp : 0411 5088811
     Fax    :-                                                     Fax      :-
     Email : contactus@bankbsi.co.id                               Email : contactus@bankbsi.co.id
     Web : www.bankbsi.co.id                                       Web : www.bankbsi.co.id




      PT Bank Syariah Indonesia Tbk
62    2024 Annual Report
Page 65
Branch Office


          Branch Office
No.                                              Address                         No. Telephone and Fax                   Email and Web
             Name

       Banda Aceh
                               Jl. Diponegoro No. 6, Kel. Kp. Baru, Kec.     Telp : (0655) 7551109, 7551558      Email : contactus@bankbsi.co.id
 1.    Diponegoro Branch
                               Baiturrahman Kota Banda Aceh                  Fax : (0651) 33945                  Web : www.bankbsi.co.id
       Office

                                                                             Telp : 0651 - 32313, 32314,
       Banda Aceh Ahmad        Jl. Ahmad Dahlan No. 111, Kel. Merduati,                                          Email : contactus@bankbsi.co.id
 2.                                                                               32301
       Dahlan Branch Office    Kec. Kuta Raja Kota Banda Aceh                                                    Web : www.bankbsi.co.id
                                                                             Fax : 0651 - 32317

       Banda Aceh T.           Jl. T. Panglima Nyak Makam No. 100 A -        Telp : 0651) 22900 (hunting),
                                                                                                                 Email : contactus@bankbsi.co.id
 3.    Panglima Nyak Makam     100 D, Kel. Desa Doy, Kec. Kuta Alam Kota          7410714, 32929, 33869
                                                                                                                 Web : www.bankbsi.co.id
       Branch Office           Banda Aceh                                    Fax : 31190

                               Jalan Merdeka No.6, Kel. Blok Bengkel, Kec.   Telp : (0653) 22450                 Email : contactus@bankbsi.co.id
 4.    Sigli 2 Branch Office
                               Kota Sigli Kab. Pidie                          Fax : 21306                        Web : www.bankbsi.co.id

                               Jl. Prof. A Majid Ibrahim No. 6, Kel. Blang   Telp : -                            Email : contactus@bankbsi.co.id
 5.    Sigli 1 Branch Office
                               Asan, Kec. Kota Sigli Kab. Pidie              Fax : -                             Web : www.bankbsi.co.id

                               Jl. Muhammad Malikul Zahir No.135C,           Telp : (0645) 631146, 631147,
       Lhokseumawe 1                                                                                             Email : contactus@bankbsi.co.id
 6.                            Kel. Kuta Blang, Kec. Banda Sakti Kota               631148
       Branch Office                                                                                             Web : www.bankbsi.co.id
                               Lhokseumawe                                   Fax : (0645) 41555

                               JL. Medan - Banda Aceh, Simpang IV, Kel.
       Bireuen Simpang IV                                                    Telp : (0644) 21126, 22044          Email : contactus@bankbsi.co.id
 7.                            Bireuen Meunasah Capa, Kec. Kota Juang
       Branch Office                                                          Fax : 22040                        Web : www.bankbsi.co.id
                               Kab. Bireuen

                               Jl. Tengku Panglima Polem No. 23 - 24, Kel.
       Kuala Simpang Branch                                                  Telp : (0641) 333366                Email : contactus@bankbsi.co.id
 8.                            Kuala Simpang, Kec. Kota Kuala Simpang
       Office                                                                Fax : 333367                        Web : www.bankbsi.co.id
                               Kab. Aceh Tamiang

       Langsa Darussalam       Jl. Darussalam No.1, Kel. Gampong Jawa,       Telp : (0641) 21033                 Email : contactus@bankbsi.co.id
 9.
       Branch Office           Kec. Langsa Kota Kota Langsa                  Fax : 21170                         Web : www.bankbsi.co.id

       Lhokseumawe
                               Jl. Merdeka No.1, Kel. Kota Lhokseumawe,      Telp : (0645) 41906                 Email : contactus@bankbsi.co.id
 10.   Merdeka 3 Branch
                               Kec. Banda Sakti Kota Lhokseumawe             Fax : 21306                         Web : www.bankbsi.co.id
       Office

                               Jl. Yos Sudarso No.164, Takengon, Kel.
       Takengon Branch                                                       Telp : (0643) 21294                 Email : contactus@bankbsi.co.id
 11.                           Kuteni Reje, Kec. Lut Tawar Kab. Aceh
       Office                                                                Fax : 21119                         Web : www.bankbsi.co.id
                               Tengah




                                                                                                              PT Bank Syariah Indonesia Tbk
                                                                                                                       2024 Annual Report
                                                                                                                                              63
Page 66
COMPANY
PROFILE




            Branch Office
No.                                                Address                          No. Telephone and Fax                Email and Web
               Name

         Meulaboh Imam Bonjol     Jl. Imam Bonjol, Kel. Drien Rampak, Kec.       Telp : (0655) 7551961            Email : contactus@bankbsi.co.id
 12.
         Branch Office            Johan Pahlawan Kab. Aceh Barat                 Fax : 7551010                    Web : www.bankbsi.co.id

                                  Pertokoan Suak Tungkul Kavling 1 No.
         Simeulue Branch          5/6, Jl. Tgk. Diujung Sinabang, Kel. Amiria    Telp : (0650) 21547              Email : contactus@bankbsi.co.id
 13.
         Office                   Bahagia, Kec. Simeulue Timur Kab.              Fax : (0650) 21556               Web : www.bankbsi.co.id
                                  Simeulue

         Blangpidie Branch        Jl. Persada No. 99A, Kel. Keudee Siblah,       Telp : (0659) 91008, 91127       Email : contactus@bankbsi.co.id
 14.
         Office                   Kec. Blangpidie Kab. Aceh Barat Daya           Fax : 91070                      Web : www.bankbsi.co.id

         Kutacane Branch          Jl. Iskandar Muda No.14, Kel. Perapat Hilir,   Telp : (0629) 21031              Email : contactus@bankbsi.co.id
 15.
         Office                   Kec. Babussalam Kab. Aceh Tenggara             Fax : 21170                      Web : www.bankbsi.co.id

         Tapaktuan Branch         Jl. Nyak Adam Kamil No. 42, Kel. Hulu, Kec.    Telp : (0656) 21456              Email : contactus@bankbsi.co.id
 16.
         Office                   Tapaktuan Kab. Aceh Selatan                    Fax : 21088                      Web : www.bankbsi.co.id

                                  Komplek Windsor Central Blok A No. 3-4,
         Batam Windsor                                                           Telp : (0778) 431331             Email : contactus@bankbsi.co.id
 17.                              Jl. Pembangunan, Kel. Lubuk Baja Kota,
         Central Branch Office                                                   Fax : (0778) 432727              Web : www.bankbsi.co.id
                                  Kec. Lubuk Baja Kota Batam

                                  Jl. Basuki Rahmat No. 1-3, Kel. Tanjung
         Tanjung Pinang Branch                                                   Telp : (0771) 313788             Email : contactus@bankbsi.co.id
 18.                              Ayun Sakti, Kec. Bukit Bestari Kota
         Office                                                                  Fax : (0771) 313995              Web : www.bankbsi.co.id
                                  Tanjungpinang

                                  Jl. Kejaksaan No. 3B, Kel. Petisah Tengah,
                                                                                 Telp : (061) 4153866, 4151466    Email : contactus@bankbsi.co.id
 19.     KC Medan Kejaksaan       Kec. Medan Petisah
                                                                                 Fax : (061) 4511867              Web : www.bankbsi.co.id
                                  Kota Medan

                                  Jl. Dr. Sutomo No.12A-12B, Kel. Lubuk
         Lubuk Pakam Branch                                                      Telp : (061) 7952555             Email : contactus@bankbsi.co.id
 20.                              Pakam I - II, Kec. Lubuk Pakam Kab. Deli
         Office                                                                  Fax : (061) 7950419              Web : www.bankbsi.co.id
                                  Serdang

         Medan S Parman           Jl. S. Parman No. 250 E/8, Kel. Petisah Hulu   Telp : (061) 455 6870/451 5683   Email : contactus@bankbsi.co.id
 21.
         Branch Office            , Kec. Medan Baru Kota Medan                   Fax : 451 5671                   Web : www.bankbsi.co.id

         Medan Gajah Mada         Jl. Gajah Mada No. 7, Kel. Petisah Hulu,       Telp : (061) 4550755             Email : contactus@bankbsi.co.id
 22.
         Branch Office            Kec. Medan Baru Kota Medan                     Fax : (061) 4550766, 4537627     Web : www.bankbsi.co.id

                                  Jl. Sukarno Hatta No. 22-23, Kel. Tanah        Telp : (061) 8826396             Email : contactus@bankbsi.co.id
 23.     Binja Branch Office
                                  Tinggi, Kec. Binjai Timur Kota Binjai          Fax : (061) 8826138              Web : www.bankbsi.co.id

                                                                                 Telp : (0761) 849191, 849192,
         Pekanbaru Sudirman 1     Jl. Jend. Sudirman No. 450, Kel. Tanah                                          Email : contactus@bankbsi.co.id
 24.                                                                                    849193, 849194
         Branch Office            Datar, Kec. Pekanbaru Kota Kota Pekanbaru                                       Web : www.bankbsi.co.id
                                                                                 Fax : (0761) 849190, 31668

                                  Jl. Jenderal Sudirman No. 162, Kel. Teluk      Telp : (0765) 33555              Email : contactus@bankbsi.co.id
 25.     Dumai Branch Office
                                  Binjai, Kec. Dumai Timur Kota Dumai            Fax : (0765) 32379               Web : www.bankbsi.co.id

                                  Jl. Haji Imam Munandar No. 8, Kel.
         Pekanbaru Harapan                                                       Telp : (0761) 862222             Email : contactus@bankbsi.co.id
 26.                              Tangkerang Selatan, Kec. Bukit Raya Kota
         Raya Branch Office                                                      Fax : (0761) 849799              Web : www.bankbsi.co.id
                                  Pekan

                                  Jl. Hangtuah, Kel. Batang Dui, Kec. Mandau     Telp : (0765) 598990             Email : contactus@bankbsi.co.id
 27.     Duri Branch Office
                                  Kab. Bengkalis                                 Fax : (0765) 598993              Web : www.bankbsi.co.id

                                  Jl. Perintis Kemerdekaan No. 1, Kel.           Telp : (0622) 435858, 435857,
         Pematangsiantar                                                                                          Email : contactus@bankbsi.co.id
 28.                              Proklamasi, Kec. Siantar Barat Kota                   435861
         Perintis Branch Office                                                                                   Web : www.bankbsi.co.id
                                  Pematangsiantar                                Fax : (0622) 435848

                                  Jl. Jenderal Ahmad Yani No. 4, Kel.            Telp : (0624) 24880, 24205,
         Rantau Prapat Branch                                                                                     Email : contactus@bankbsi.co.id
 29.                              Bakaran Batu, Kec. Rantau Selatan Kab.                25186
         Office                                                                                                   Web : www.bankbsi.co.id
                                  Labuhanbatu                                    Fax : (0624) 24653

                                  Jl. Sudirman No. 130 A, Kel. Wek I,
         Padangsidempuan                                                         Telp : (0634) 28200              Email : contactus@bankbsi.co.id
 30.                              Kec. Padangsidimpuan Utara Kota
         Branch Office                                                           Fax : (0634) 28103               Web : www.bankbsi.co.id
                                  Padangsidimpuan

                                  Jl. Sutoyo Siswomiharjo No. 22, Kel. Huta
                                                                                 Telp : (0631) 24555              Email : contactus@bankbsi.co.id
 31.     Sibolga Branch Office    Tonga Tonga, Kec. Sibolga Utara Kota
                                                                                 Fax : (0631) 26722               Web : www.bankbsi.co.id
                                  Sibolga

         Bandar Lampung           Jl. Diponegoro No. 189, Kel. Gotong
                                                                                 Telp : (0721) 258952, 258960     Email : contactus@bankbsi.co.id
 32.     Diponegoro Branch        Royong, Kec. Tanjung Karang Pusat Kota
                                                                                 Fax : (0721) 263588              Web : www.bankbsi.co.id
         Office                   Bandar Lampung




       PT Bank Syariah Indonesia Tbk
64     2024 Annual Report
Page 67
         Branch Office
No.                                              Address                         No. Telephone and Fax                    Email and Web
            Name

                               Komp. Pertokoan Central Niaga Bandar
      Bandar Jaya Branch       Jaya No. 1-3, Jl. Proklamator Raya, Kel.       Telp : (0725) 529825, 529826        Email : contactus@bankbsi.co.id
33.
      Office                   Yukum Jaya, Kec. Terbanggi Besar Kab.          Fax : (0725) 529831                 Web : www.bankbsi.co.id
                               Lampung Tengah

      Metro A Yani Branch      Jl. Ahmad Yani No. 9, Kel. Imopuro, Kec.       Telp : (0725) 7851606               Email : contactus@bankbsi.co.id
34.
      Office                   Metro Pusat Kota Metro                         Fax : (0725) 7851605                Web : www.bankbsi.co.id

      Bengkulu S Parman 1      Jl. S. Parman No. 15, Kel. Padang Jati, Kec.   Telp : (0736) 342007                Email : contactus@bankbsi.co.id
35.
      Branch Office            Ratu Samban Kota Bengkulu                      Fax : (0736) 346707                 Web : www.bankbsi.co.id

                               JI. Adam Malik RT/RW 023/08, Kel.
      Bengkulu Adam Malik                                                     Telp : (0736) 27688/20938           Email : contactus@bankbsi.co.id
36.                            Cempaka Permai, Kec. Gading Cempaka
      Branch Office                                                           Fax : 26448                         Web : www.bankbsi.co.id
                               Kota Bengkulu

                                                                              Telp : 0733-7329623/14/16/
                               Jl. Yos Sudarso No. 12 RT 05, Kel. Taba
      Lubuk Linggau Branch                                                           082881131705/                Email : contactus@bankbsi.co.id
37.                            Jemekeh, Kec. Lubuk Linggau Timur II Kota
      Office                                                                         82881131704                  Web : www.bankbsi.co.id
                               Lubuk Linggau
                                                                              Fax : -

      Jambi Gatot Subroto      Jl. Jend. Gatot Subroto No. 127 A-B, Kel.      Telp : (0741) 27730, 27726          Email : contactus@bankbsi.co.id
38.
      Branch Office            Sungai Asam, Kec. Pasar Jambi Kota Jambi       Fax : (0741) 27733                  Web : www.bankbsi.co.id

                                                                              Telp : 0741 - 7552571, 7552572,
      Jambi Pattimura          Jl. Kapt. Pattimura No. 29-30 RT 21, Kel.                                          Email : contactus@bankbsi.co.id
39.                                                                                  7552573
      Branch Office            Kenali Besar, Kec. Kota Baru Kota Jambi                                            Web : www.bankbsi.co.id
                                                                              Fax : 0741 - 7552574

      Padang Imam Bonjol       Jl. Imam Bonjol No.17, Kel. Belakang           Telp : (0751) 21113, 20765          Email : contactus@bankbsi.co.id
40.
      Branch Office            Pondok, Kec. Padang Selatan Kota Padang        Fax : (0751) 24768                  Web : www.bankbsi.co.id

                               Jl. Jenderal Sudirman No. 73, Kel. Kayu
      Bukittinggi Sudirman 1                                                  Telp : (0752) 627633                Email : contactus@bankbsi.co.id
41.                            Ramang, Kec. Guguk Panjang Kota
      Branch Office                                                           Fax : (0752) 627637                 Web : www.bankbsi.co.id
                               Bukittinggi

      Padang Belakang Olo      Jl. Belakang Olo No. 45, Kel. Kamp Jao, Kec.   Telp : 0751 - 841818, 841819        Email : contactus@bankbsi.co.id
42.
      Branch Office            Padang Barat Kota Padang                       Fax : (0751) 841808                 Web : www.bankbsi.co.id

                               Jl. Demang Lebar Daun No. 2311, Kel.
      Palembang Demang                                                        Telp : (0711) 421919                Email : contactus@bankbsi.co.id
43.                            Demang Lebar Daun, Kec. Ilir Barat I Kota
      Branch Office                                                           Fax : (0711) 419952                 Web : www.bankbsi.co.id
                               Palembang

      Pangkal Pinang Branch    Jl. Masjid Jamik No. 123, Kel. Masjid Jamik,   Telp : (0717) 432229                Email : contactus@bankbsi.co.id
44.
      Office                   Kec. Rangkui Kota Pangkalpinang                Fax : (0717) 431445                 Web : www.bankbsi.co.id

                               JL. Jend. Sudirman No. 7-8 RT 01/10, Kel.
      Prabumulih Sudirman                                                     Telp : (0713) 322888                Email : contactus@bankbsi.co.id
45.                            Muara Dua, Kec. Prabumulih Timur Kota
      Branch Office                                                           Fax : (0713) 322565                 Web : www.bankbsi.co.id
                               Prabumulih

      Palembang Sudirman       Jl. Jendral Sudirman KM 3,5, Kel. 20 Ilir,     Telp : (0711) 315999, 310751        Email : contactus@bankbsi.co.id
46.
      Branch Office            Kec. Ilir Timur I Kota Palembang               Fax : (0711) 310752                 Web : www.bankbsi.co.id

                                                                              Telp : (0735) 324888/0735
                               Jl. Let. R Hamidi No. 30 A-B RT 03 RW 01
      Baturaja Rahman                                                                323333/0735                  Email : contactus@bankbsi.co.id
47.                            , Kel. Kemalaraja , Kec. Baturaja Timur Kab.
      Hamidi Branch Office                                                           325522/0735 325554           Web : www.bankbsi.co.id
                               Ogan Komering Ulu
                                                                              Fax : (0735) 324888

                               Komplek Ruko Summarecon Bekasi, Rukan          Telp : (021) 8853990, 8856368,
      Bekasi Summarecon        Sapphire Commercial Blok SF 11 12, Jl.                8840355, 8853991,            Email : contactus@bankbsi.co.id
48.
      Branch Office            Bulevar Selatan, Kel. Marga Mulya, Kec.               88855418                     Web : www.bankbsi.co.id
                               Bekasi Utara Kota Bekasi                       Fax : (021) 8856406

                               Ruko Cikarang Central City, Blok G No.
      Bekasi Cikarang                                                         Telp : (021) 89902076, 89902077     Email : contactus@bankbsi.co.id
49.                            1-2, Kel. Ciantra, Kec. Cikarang Selatn Kab.
      Branch Office                                                           Fax : (021) 89906765                Web : www.bankbsi.co.id
                               Bekasi

                               Jl. Panjang Arteri Kelapa Dua No. 54 D (Jl.    Telp : (021) 53662464,
      Jakarta Kebon Jeruk 1    Raya Kelapa Dua No. 1) RT. 004 RW. 003,             53662465,                      Email : contactus@bankbsi.co.id
50.
      Branch Office            Kel. Kelapa Dua, Kec. Kebon Jeruk Wil.                53662467                     Web : www.bankbsi.co.id
                               Kota Jakarta Barat                             Fax : (021) 53662472

                                                                              Telp : (021) 73458147,
      Tangerang Ciledug        Jl. HOS Cokroaminoto No. 69, Kel.                   73458148,                      Email : contactus@bankbsi.co.id
51.
      Branch Office            Sudimara Jaya, Kec. Ciledug Kota Tangerang            73458149                     Web : www.bankbsi.co.id
                                                                              Fax : (021) 73458150




                                                                                                               PT Bank Syariah Indonesia Tbk
                                                                                                                        2024 Annual Report
                                                                                                                                               65
Page 68
COMPANY
PROFILE




            Branch Office
No.                                                  Address                          No. Telephone and Fax                Email and Web
               Name

                                   Komplek Graha Bulevar Blok KGC No. A-02
         Jakarta Kelapa Gading     dan A-03, Jl. Boulevard Kelapa Gading, Kel.    Telp : (021) 29375262, 29375261   Email : contactus@bankbsi.co.id
 52.
         1 Branch Office           Kelapa Gading Timur, Kec. Kelapa Gading        Fax : (021) 29375197, 29375198    Web : www.bankbsi.co.id
                                   Wil. Kota Jakarta Utara

                                   Jl. Enggano No. 42B - 42, Kel. Tanjung
         Jakarta Tanjung Priok 1                                                  Telp : (021) 43906060, 43906055   Email : contactus@bankbsi.co.id
 53.                               Priok, Kec. Tanjung Priok Wil. Kota Jakarta
         Branch Office                                                            Fax : (021) 43906058, 43906059    Web : www.bankbsi.co.id
                                   Utara

                                   Komplek Graha Mas Pemuda, Blok AB1 dan         Telp : 021 - 47882680 /
         Jakarta Pemuda                                                                                             Email : contactus@bankbsi.co.id
 54.                               AB2 Jl. Pemuda, Rawamangun, Kel. Jati,              81/82/83
         Branch Office                                                                                              Web : www.bankbsi.co.id
                                   Kec. Pulo Gadung Wil. Kota Jakarta Timur       Fax : 021 - 47882684 / 85

                                   Ruko Komplek Billy & Moon Blok E No. 5A-
         Jakarta Pondok Kelapa                                                    Telp : (021) 86903501             Email : contactus@bankbsi.co.id
 55.                               5B, Jl. Raya Kalimalang, Kel. Pondok Kelapa,
         Branch Office                                                            Fax : (021) 86903502              Web : www.bankbsi.co.id
                                   Kec. Duren Sawit Wil. Kota Jakarta Timur

                                   Perkantoran Mitra Matraman Blok A1 No.
         Jakarta Jatinegara        8-9, Jl. Matraman Raya No. 148, Kel. Kebon     Telp : (021) 85904866             Email : contactus@bankbsi.co.id
 56.
         Branch Office             Manggis, Kec. Matraman Wil. Kota Jakarta       Fax : (021) 85905634              Web : www.bankbsi.co.id
                                   Timur

         Jakarta Thamrin           Jl. M. H. Thamrin No. 5, Kel. Kebon Sirih,     Telp : (021) 2300509, 39839000    Email : contactus@bankbsi.co.id
 57.
         Branch Office             Kec. Menteng Wil. Kota Jakarta Pusat           Fax : (021) 39832939              Web : www.bankbsi.co.id

                                   Jl. Bendungan Hilir Raya No. 84 A - B, Kel.
         Jakarta Bendungan                                                        Telp : 021 - 57851054 - 56        Email : contactus@bankbsi.co.id
 58.                               Bendungan Hilir, Kec. Tanah Abang Wil.
         Hilir Branch Office                                                      Fax : 021 - 57851038              Web : www.bankbsi.co.id
                                   Kota Jakarta Pusat

                                   Gedung The Tower, Jalan Gatot Subroto
         Jakarta The Tower                                                        Telp : -                          Email : contactus@bankbsi.co.id
 59.                               No.27 Kav.12, Kel. Karet Semanggi, Kec.
         Branch Office                                                            Fax : -                           Web : www.bankbsi.co.id
                                   Setiabudi Wil. Kota Jakarta Selatan

                                                                                  Telp : (021) 55781230,
         Tangerang Hasyim          Jl. KH. Hasyim Ashari 8 A-C, Kel. Buaran            55781231,                    Email : contactus@bankbsi.co.id
 60.
         Ashari Branch Office      Indah, Kec. Cipondoh Kota Tangerang                   55781232                   Web : www.bankbsi.co.id
                                                                                  Fax : (021) 55781233

                                   Jl. Sultan Ageng Tirtayasa No. 115 A,
         Cilegon Tirtayasa 1                                                      Telp : (0254) 399444, 375648      Email : contactus@bankbsi.co.id
 61.                               Kel. Jombang Wetan, Kec. Jombang Kota
         Branch Office                                                            Fax : (0254) 375645               Web : www.bankbsi.co.id
                                   Cilegon

                                   Jl. Ahmad Yani No. 175 C-D, Kel. Sumur         Telp : (0254) 222984, 210191      Email : contactus@bankbsi.co.id
 62.     Serang Branch Office
                                   Pecung, Kec. Serang Kota Serang                Fax : 0254) 222985                Web : www.bankbsi.co.id

                                                                                  Telp : (0251) 8350562, 8350563,
         Bogor Pajajaran           Jl. Pajajaran No. 8, Kel. Baranang Siang,                                        Email : contactus@bankbsi.co.id
 63.                                                                                     8350564
         Sukasari Branch Office    Kec. Bogor Timur Kota Bogor                                                      Web : www.bankbsi.co.id
                                                                                  Fax : (0251) 8350565

                                   Ruko Graha Cibinong Blok D No. 2, Jl. Raya
         Bogor Cibinong Branch                                                    Telp : (021) 87915703, 87915704   Email : contactus@bankbsi.co.id
 64.                               Bogor KM 43, Kel. Cirimekar, Kec. Cibinong
         Office                                                                   Fax : (021) 87919008              Web : www.bankbsi.co.id
                                   Kab. Bogor

         Bogor Pajajaran                                                          Telp : 0251 - 8337306, 8337620,
                                   Jl. Pajajaran Raya No. 63, Kel. Kel.                                             Email : contactus@bankbsi.co.id
 65.     Bantarjati Branch                                                               8337828
                                   Bantarjati, Kec. Bogor Utara Kota Bogor                                          Web : www.bankbsi.co.id
         Office                                                                   Fax : (0251) 8384968

         Depok Margonda 2          Jl. Margonda Raya No. 209, Kel.                Telp : 021 - 77210117 (hunting)   Email : contactus@bankbsi.co.id
 66.
         Branch Office             Kemirimuka, Kec. Beji Kota Depok               Fax : 021 - 77210027              Web : www.bankbsi.co.id

                                   Ruko Depok Mas Blok A1-2, Jl. Margonda         Telp : (021) 7765231, 7765251,
         Depok Margonda 1                                                                                           Email : contactus@bankbsi.co.id
 67.                               Raya No. 42, Kel. Pancoran Mas, Kec.                  7765289, 77213804
         Branch Office                                                                                              Web : www.bankbsi.co.id
                                   Pancoran Mas Kota Depok                        Fax : (021) 77202905, 77203598

                                                                                  Telp : (021) 84300107,
         Jakarta Cibubur Citra     Ruko Citra Gran Blok R-2 No. 8-9, Kel.              84300108,                    Email : contactus@bankbsi.co.id
 68.
         Grand Branch Office       Jatikarya, Kec. Jatisampurna Kota Bekasi              8449778                    Web : www.bankbsi.co.id
                                                                                  Fax : (021) 84590918

                                                                                  Telp : 021-7696807/7696808/
                                   Jl. RS Fatmawati No. 12, Kel. Gandaria
         Jakarta Fatmawati 2                                                             75902925/ 75902930/        Email : contactus@bankbsi.co.id
 69.                               Utara, Kec. Kebayoran Baru Wil. Kota
         Branch Office                                                                   75902934                   Web : www.bankbsi.co.id
                                   Jakarta Selatan
                                                                                  Fax : 021-75902899/75902983




       PT Bank Syariah Indonesia Tbk
66     2024 Annual Report
Page 69
         Branch Office
No.                                              Address                         No. Telephone and Fax                      Email and Web
            Name

      Jakarta Hasanudin        Jl. S. Hasanudin No. 57, Kel. Melawai, Kec.    Telp : (021) 2701515, 2701505         Email : contactus@bankbsi.co.id
70.
      Branch Office            Kebayoran Baru Wil. Kota Jakarta Selatan       Fax : (021) 7220362                   Web : www.bankbsi.co.id

                               Jl. Kyai Maja Blok D/1 Persil No. 6-6A, Kel.   Telp : (021) 7202451, 7202728,
      Jakarta Mayestik                                                                                              Email : contactus@bankbsi.co.id
71.                            Kramat Pela, Kec. Kebayoran Baru Wil. Kota            7202509, 739452
      Branch Office                                                                                                 Web : www.bankbsi.co.id
                               Jakarta Selatan                                Fax : (021) 7220822

                               Komplek Ruko Pondok lndah Plaza 1 Kav.
      Jakarta Pondok Indah                                                    Telp : (021) 7662029, 7662030         Email : contactus@bankbsi.co.id
72.                            II, Blok UA No. 6, Kel. Pondok Pinang, Kec.
      Branch Office                                                           Fax : (021) 7662028, 7665391          Web : www.bankbsi.co.id
                               Kebayoran Lama Wil. Kota Jakarta Selatan

                               Jl. Ir. H. Juanda No. 111, RT 006/001,
      Tangerang Ciputat                                                       Telp : (021) 7425267                  Email : contactus@bankbsi.co.id
73.                            Kel. Pisangan, Kec. Ciputat Timur Kota
      Branch Office                                                           Fax : (021) 7423018                   Web : www.bankbsi.co.id
                               Tangerang Selatan

                               Jl. Saharjo No.204A RT. 04/05, Kel.            Telp : (021) 8308768, 8292824,
      Jakarta Saharjo Branch                                                                                        Email : contactus@bankbsi.co.id
74.                            Menteng Dalam, Kec. Tebet Wil. Kota                   8357309
      Office                                                                                                        Web : www.bankbsi.co.id
                               Jakarta Selatan                                Fax : (021) 8308769, 8357310

                                                                              Telp : (021) 7940323, 7940341,
      Jakarta Kalibata         Jl. Raya Pasar Minggu No. 75, Kel. Kalibata,                                         Email : contactus@bankbsi.co.id
75.                                                                                  7940353
      Branch Office            Kec. Pancoran Wil. Kota Jakarta Selatan                                              Web : www.bankbsi.co.id
                                                                              Fax : (021) 7940420

                               Bintaro Trade Center, Jl. Jend. Sudirman
                                                                              Telp : (021) 7450120, 7453301,
      Tangerang Bintaro        Blok A1 No. 7 - 8, Bintaro Sektor 7, Kel.                                            Email : contactus@bankbsi.co.id
76.                                                                                  7450296, 7450297
      Branch Office            Pondok Aren, Kec. Pondok Aren Kota                                                   Web : www.bankbsi.co.id
                                                                              Fax : (021) 7450116
                               Tangerang Selatan

                               Jl. Pahlawan Seribu ITC BSD No. 21-23A,        Telp : 021 - 53153155,
      Tangerang BSD ITC                                                                                             Email : contactus@bankbsi.co.id
77.                            Kel. Lengkong Wetan, Kec. Serpong Kota                53153144-46
      Branch Office                                                                                                 Web : www.bankbsi.co.id
                               Tangerang Selatan                              Fax : 021 - 53161611

      Bandung Juanda           Jl. Ir. H. Juanda No. 24, Kel. Citarum, Kec.   Telp : (022) 84469443                 Email : contactus@bankbsi.co.id
78.
      Branch Office            Bandung Wetan Kota Bandung                     Fax : (022) 4200011                   Web : www.bankbsi.co.id

                               Jl. Ciledug No. 148-149, Kel. Kota Kulon ,     Telp : (0262) 243689, 243692          Email : contactus@bankbsi.co.id
79.   Garut Branch Office
                               Kec. Garut Kota Kab. Garut                     Fax : (0262) 233137                   Web : www.bankbsi.co.id

                                                                              Telp : 022 - 7314546, 7323142,
      Bandung Asia Afrika      Jl. Asia Afrika No. 174 RT 009 RW 004, Kel.                                          Email : contactus@bankbsi.co.id
80.                                                                                  7323143
      Branch Office            Paledang, Kec. Lengkong Kota Bandung                                                 Web : www.bankbsi.co.id
                                                                              Fax : 022 - 7323141

                                                                              Telp : (022) 423 2584, 423 1185,
                                                                                     423 6614, 423 2585,
      Bandung Suniaraja        Jl. Suniaraja No.82, Kel. Braga, Kec. Sumur           423 2586, 423 2587 423         Email : contactus@bankbsi.co.id
81.
      Branch Office            Bandung Kota Bandung                                86                               Web : www.bankbsi.co.id
                                                                                     / 423 89
                                                                              Fax : -

      Sukabumi A Yani          Jl. A.Yani no. 29, Kel. Gunung Parang, Kec.    Telp : 0266 - 6247300                 Email : contactus@bankbsi.co.id
82.
      Branch Office            Cikole Kota Sukabumi                           Fax : 0266 - 6247400                  Web : www.bankbsi.co.id

                                                                              Telp : 0267 - 8490449 (hunting),
      Karawang Branch          Jl. Panatayuda I No 68, Kel. Karawang                 0828-17096715 / 16 / 17 /      Email : contactus@bankbsi.co.id
83.
      Office                   Kulon, Kec. Karawang Barat Kab. Karawang              18 / 29 / 30 / 31 / 32         Web : www.bankbsi.co.id
                                                                              Fax : (0267) 401505

                                                                              Telp : (022) 7202688, 7231090,
      Bandung Ahmad Yani       Jl. Jendral Ahmad Yani No. 252, Kel.                                                 Email : contactus@bankbsi.co.id
84.                                                                                  082819030694
      Branch Office            Kacapiring, Kec. Batunuggal Kota Bandung                                             Web : www.bankbsi.co.id
                                                                              Fax : (022) 7271334

      Purwakarta RE            Jl. R.E Martadinata No. 5, RT 25 RW 05,
                                                                              Telp : (0264) 231760                  Email : contactus@bankbsi.co.id
85.   Martadinata Branch       Kel. Nagri Tengah, Kec. Purwakarta Kab.
                                                                              Fax : (0264) 231761                   Web : www.bankbsi.co.id
      Office                   Purwakarta

                               Jl. Jend. Amir Machmud No. 118, Kel.           Telp : (022) 6632228                  Email : contactus@bankbsi.co.id
86.   Cimahi Branch Office
                               Cibabat, Kec. Cimahi Utara Kota Cimahi         Fax : (022) 6632212                   Web : www.bankbsi.co.id

      Cianjur Siliwangi        Jl. Siliwangi No. 6, Kel. Pamoyanan, Kec.      Telp : (0263) 284648                  Email : contactus@bankbsi.co.id
87.
      Branch Office            Cianjur Kab. Cianjur                           Fax : (0263) 284677                   Web : www.bankbsi.co.id

                                                                              Telp : (0231) 202760, 202092,
      Cirebon Dr Cipto         Jl. Dr. Cipto Mangunkusumo No. 79, Kel.                                              Email : contactus@bankbsi.co.id
88.                                                                                  202093, 200423
      Branch Office            Pekiringan, Kec. Kesambi Kota Cirebon                                                Web : www.bankbsi.co.id
                                                                              Fax : (0231) 202067




                                                                                                                 PT Bank Syariah Indonesia Tbk
                                                                                                                          2024 Annual Report
                                                                                                                                                 67
Page 70
COMPANY
PROFILE




            Branch Office
No.                                                 Address                          No. Telephone and Fax               Email and Web
               Name

         Tasikmalaya Sutisna      Jl. Sutisna Senjaya No. 74-78, Kel.             Telp : (0265) 312995, 312999    Email : contactus@bankbsi.co.id
 89.
         Senjaya Branch Office    Empangsari, Kec. Tawang Kota Tasikmalaya        Fax : (0265) 311199             Web : www.bankbsi.co.id

         Purwokerto Sudirman      Jl. Jend. Sudirman No. 433, Kel. Kranji, Kec.   Telp : (0281) 641108, 641685    Email : contactus@bankbsi.co.id
 90.
         1 Branch Office          Purwokerto Timur Kab. Banyumas                  Fax : (0281) 625955             Web : www.bankbsi.co.id

         Cilacap A Yani Branch    Jl. A. Yani No. 97, Kel. Tambakreja, Kec.       Telp : (0282) 531015, 531038    Email : contactus@bankbsi.co.id
 91.
         Office                   Cilacap Selatan Kab. Cilacap                    Fax : (0282) 535870             Web : www.bankbsi.co.id

                                  Jl. Jend. Ahmad Yani No.152, Kel. Karang
         Semarang A Yani                                                          Telp : 024 - 8313247, 8315027   Email : contactus@bankbsi.co.id
 92.                              Kidul, Kec. Semarang Tengah Kota
         Branch Office                                                            Fax : 024 - 8313217             Web : www.bankbsi.co.id
                                  Semarang

         Semarang Pandanaran      Jl. Pandanaran No. 90, Kel. Pekunden, Kec.      Telp : (024) 3568891, 3568894   Email : contactus@bankbsi.co.id
 93.
         Branch Office            Semarang Tengah Kota Semarang                   Fax : (024) 3568890             Web : www.bankbsi.co.id

                                  Ruko Ahmad Yani No. 9, Jl. Ahmad Yani,
         Kudus A Yani 1 Branch                                                    Telp : (0291) 439272            Email : contactus@bankbsi.co.id
 94.                              Kel. Gondang Manis, Kec. Kota Kudus Kab.
         Office                                                                   Fax : (0291) 439274             Web : www.bankbsi.co.id
                                  Kudus

         Pati Sudirman Branch     Jl. P. Sudirman No. 207, Plaza Pati Blok A1-    Telp : (0295) 386699            Email : contactus@bankbsi.co.id
 95.
         Office                   A2, Kel. Pati Lor , Kec. Pati Kab. Pati         Fax : (0295) 387799             Web : www.bankbsi.co.id

                                  Jl. Diponegoro Ruko Salatiga Square No.
                                                                                  Telp : (0298) 328558, 328885    Email : contactus@bankbsi.co.id
 96.     Salatiga Branch Office   77-A6 dan 77-A7, Kel. Sidorejo Lor, Kec.
                                                                                  Fax : (0298) 314407             Web : www.bankbsi.co.id
                                  Sidorejo Kota Salatiga

                                  Jl. KH. Mansyur No.4, Kel.
         Tegal KH Mansyur                                                         Telp : (0283) 325300, 325301    Email : contactus@bankbsi.co.id
 97.                              Mangkukusuman, Kec. Tegal Timur Kota
         Branch Office                                                            Fax : (0283) 351460             Web : www.bankbsi.co.id
                                  Tegal

         Kendal Soetta Branch     Jl. Raya Soekarno Hatta No. 325, Kel.           Telp : (0294) 388173, 388175    Email : contactus@bankbsi.co.id
 98.
         Office                   Bugangin, Kec. Kendal Kab. Kendal               Fax : (0294) 388172             Web : www.bankbsi.co.id

                                  Masjid Syuhada, Jl.Pemuda No.52-54, Kel.
         Pekalongan Pemuda                                                        Telp : 0285 - 434918, 434919    Email : contactus@bankbsi.co.id
 99.                              Panjangwetan, Kec. Pekalongan Barat Kota
         Branch Office                                                            Fax : 0285 - 434920             Web : www.bankbsi.co.id
                                  Pekalongan

         Solo Slamet Riyadi 1     Jl. Slamet Riyadi No. 388, Kel. Sriwedari,      Telp : (0271) 710820            Email : contactus@bankbsi.co.id
100.
         Branch Office            Kec. Laweyan Kota Surakarta                     Fax : (0271) 742085, 742086     Web : www.bankbsi.co.id

         Solo Slamet Riyadi 2     Jl. Slamet Riyadi No. 318, Kel. Sriwedari,      Telp : 0271 - 742555, 725222    Email : contactus@bankbsi.co.id
101.
         Branch Office            Kec. Laweyan Kota Surakarta                     Fax : 0271 - 736718             Web : www.bankbsi.co.id

         Yogyakarta Sudirman      Jl. Jend. Sudirman No. 42, Kel. Kotabaru,       Telp : (0274) 555022            Email : contactus@bankbsi.co.id
102.
         Branch Office            Kec. Gondokusuman Kota Yogyakarta               Fax : (0274) 555021             Web : www.bankbsi.co.id

                                                                                  Telp : (0370) 644888, 622300,
         Mataram Hasanudin        Jl. Hasanudin No. 40, Kel. Mayura, Kec.                                         Email : contactus@bankbsi.co.id
103.                                                                                     622700
         Branch Office            Cakranegara Kota Mataram                                                        Web : www.bankbsi.co.id
                                                                                  Fax : (0370) 634999

                                                                                  Telp : (0380) 834100, 823466,
                                  Jl. Mohammad Hatta No.56, Kel. Fontein,                                         Email : contactus@bankbsi.co.id
104.     Kupang Branch Office                                                            828617
                                  Kec. Oebobo Kota Kupang                                                         Web : www.bankbsi.co.id
                                                                                  Fax : (0380) 826150

                                  Jl. Gajah Mada No. 9 RT/RW 014/005, Kel.
         Bima Gajah Mada                                                          Telp : (0374) 444 03/ 444 04    Email : contactus@bankbsi.co.id
105.                              Monggonao,
         Branch Office                                                            Fax : 444 86                    Web : www.bankbsi.co.id
                                  Kec. Mpunda Kota Bima

         Denpasar Branch          Jl. Raya Puputan No.114, Kel. Sumerta           Telp : (0361) 432595            Email : contactus@bankbsi.co.id
106.
         Office                   Kelod, Kec. Denpasar Timur Kota Denpasar        Fax : (0361) 434045             Web : www.bankbsi.co.id

         Jember Sudirman          Jl. P. B. Sudirman No. 41-43, Kel. Jember       Telp : (0331) 411522            Email : contactus@bankbsi.co.id
107.
         Branch Office            Lor, Kec. Patrang Kab. Jember                   Fax : (0331) 411525             Web : www.bankbsi.co.id

                                  Jl. Basuki Rakhmat No. 30, Kel.                 Telp : (0333) 418624, 418625,
         Banyuwangi Basuki                                                                                        Email : contactus@bankbsi.co.id
108.                              Singotrunan, Kec. Banyuwangi Kab.                      418626, 418627
         Rahmat Branch Office                                                                                     Web : www.bankbsi.co.id
                                  Banyuwangi                                      Fax : (0333) 418628

                                  Ruko Hassanuddin Bussines Center Jl.
         Kediri Hassanudin                                                        Telp : (0354) 672 114-5         Email : contactus@bankbsi.co.id
109.                              Hasanuddin No. 21 , Kel. Dandangan, Kec.
         Branch Office                                                            Fax : 672 685                   Web : www.bankbsi.co.id
                                  Kota Kota Kediri




       PT Bank Syariah Indonesia Tbk
68     2024 Annual Report
Page 71
          Branch Office
No.                                              Address                         No. Telephone and Fax                    Email and Web
             Name

       Madiun Agus Salim       JL. Agus Salim No. 120, Kel. Pandean, Kec.     Telp : (0351) 454000                Email : contactus@bankbsi.co.id
110.
       Branch Office           Taman Kota Madiun                              Fax : (0351) 458300                 Web : www.bankbsi.co.id

                               Jl. Cokroaminoto No. 10 RT.01 RW. 02, Kel.
                                                                              Telp : (0342) 816999                Email : contactus@bankbsi.co.id
111.   Blitar Branch Office    Kepanjen Lor, Kec. Kepanjen Kidul Kota
                                                                              Fax : (0342) 816777                 Web : www.bankbsi.co.id
                               Blitar

       Malang Suprapto         Jl. Jaksa Agung Suprapto No. 48, Kel.          Telp : 0341 - 359129, 359130        Email : contactus@bankbsi.co.id
112.
       Branch Office           Rampalcelaket, Kec. Klojen Kota Malang         Fax : 0341 - 359128                 Web : www.bankbsi.co.id

       Pasuruan Sudirman       Jl. Jend. Sudirman No.77, Kel. Purworejo,      Telp : (0343) 418 955               Email : contactus@bankbsi.co.id
113.
       Branch Office           Kec. Purworejo Kota Pasuruan                   Fax : 418 956                       Web : www.bankbsi.co.id

       Surabaya Darmo          Jl. Raya Darmo No. 15, Kel. Tegalsari, Kec.    Telp : (031) 5674848, 5679842       Email : contactus@bankbsi.co.id
114.
       Branch Office           Keputran Kota Surabaya                         Fax : (031) 5679841                 Web : www.bankbsi.co.id

                               Komplek Ruko Sentral Jenggolo A3, Jl.          Telp : (031) 8946449, 8947231,
       Sidoarjo Jenggolo                                                                                          Email : contactus@bankbsi.co.id
115.                           Jenggolo No. 9, Kel. Celep, Kec. Sidoarjo             8921033, 8922129
       Branch Office                                                                                              Web : www.bankbsi.co.id
                               Kab. Sidoarjo                                  Fax : (031) 8957429

                                                                              Telp : 031-99254882,
                                                                                     031- 99254883,
       Surabaya Basuki         Jl. Basuki Rachmat No. 17-19, Kel. Embong                                          Email : contactus@bankbsi.co.id
116.                                                                                 031-99254885,
       Rahmat Branch Office    Kaliasin, Kec. Genteng Kota Surabaya                                               Web : www.bankbsi.co.id
                                                                                     031-99254887
                                                                              Fax : 031 - 7385678

       Surabaya                                                               Telp : 031 - 5045082, 5045085,
                               Jl. Dharmawangsa No. 115 A, Kel.                                                   Email : contactus@bankbsi.co.id
117.   Dharmawangsa Branch                                                           5030222
                               Kertajaya, Kec. Gubeng Kota Surabaya                                               Web : www.bankbsi.co.id
       Office                                                                 Fax : 031 - 5037222

                                                                              Telp : (0324) 331223, 331224,
       Pamekasan Branch        Jl. KH. Agus Salim No. 3A, Kel. Barurambat                                         Email : contactus@bankbsi.co.id
118.                                                                                 331225
       Office                  Kota, Kec. Pamekasan Kab. Pamekasan                                                Web : www.bankbsi.co.id
                                                                              Fax : (0324) 331218

       Gresik Kartini Branch   JL. RA. Kartini No. 180, Kel. Sidomoro, Kec.   Telp : (031) 3972053                Email : contactus@bankbsi.co.id
119.
       Office                  Kebomas Kab. Gresik                            Fax : (031) 3972065, 3979791        Web : www.bankbsi.co.id

       Bojonegoro Branch       Jl. Panglima Sudirman No. 99A, Kel.            Telp : (0353) 892124, 892125        Email : contactus@bankbsi.co.id
120.
       Office                  Klangon, Kec. Bojonegoro Kab. Bojonegoro       Fax : (0353) 892123                 Web : www.bankbsi.co.id

       Surabaya Jemur
                               Jl. Jemur Handayani No. 3, Kel. Jemur          Telp : (031) 8411230, 8411250       Email : contactus@bankbsi.co.id
121.   Handayani Branch
                               Wonosari, Kec. Wonocolo Kota Surabaya          Fax : (031) 8411260                 Web : www.bankbsi.co.id
       Office

                               Ruko Cempaka Mas Blok A/9, Jl. Soekarno-
       Jombang Branch                                                         Telp : (0321) 855527, 855528        Email : contactus@bankbsi.co.id
122.                           Hatta No. 1, Kel. Desa Kepuh Kembeng,
       Office                                                                 Fax : (0321) 855526                 Web : www.bankbsi.co.id
                               Kec. Peterongan Kab. Jombang

       Balikpapan Sudirman 1   Jl. Jend. Sudirman No. 330, Kel. Klandasan     Telp : (0542) 413382, 414630        Email : contactus@bankbsi.co.id
123.
       Branch Office           Ilir, Kec. Balikpapan Kota Kota Balikpapan     Fax : (0542) 412109                 Web : www.bankbsi.co.id

                                                                              Telp : (0541) 7271271, 7271272,
       Samarinda Antasari      Jl. Antasari No. 33 RT 02, Kel. Air Putih,            7271273, 7271274             Email : contactus@bankbsi.co.id
124.
       Branch Office           Kec. Samarinda Ulu Kota Samarinda              Fax : (0541) 7271276, 7271277,      Web : www.bankbsi.co.id
                                                                                     7271278

       Kutai Kartanegara       Jl. KH. Akhmad Muksin RT. 01, Kel. Melayu,     Telp : (0541) 665362, 665365        Email : contactus@bankbsi.co.id
125.
       Branch Office           Kec. Tenggarong Kab. Kutai Kartanegara         Fax : (0541) 665017                 Web : www.bankbsi.co.id

                               Jl. MT. Haryono No. 53, Kel. Gn. Elai, Kec.    Telp : (0548) 20007                 Email : contactus@bankbsi.co.id
126.   Bontang Branch Office
                               Bontang Utara Kota Bontang                     Fax : (0548) 25005                  Web : www.bankbsi.co.id

                               Jl. Yos Sudarso No. 64, Kel. Karang Balik,     Telp : (0551) 35050                 Email : contactus@bankbsi.co.id
127.   Tarakan Branch Office
                               Kec. Tarakan Barat Kota Tarakan                Fax : (0551) 35051                  Web : www.bankbsi.co.id

       Banjarmasin Lambung     Jl. Lambung Mangkurat No. 16, Kel. Kertak
                                                                              Telp : (0511) 3366408, 3366409      Email : contactus@bankbsi.co.id
128.   Mangkurat Branch        Baru Ulu, Kec. Banjarmasin Tengah Kota
                                                                              Fax : (0511) 3366426                Web : www.bankbsi.co.id
       Office                  Banjarmasin

       Martapura Branch        Jl. A. Yani No. 20 Km. 37,4, Kel. Sungai       Telp : (0511) 4722713, 4722755      Email : contactus@bankbsi.co.id
129.
       Office                  Paring, Kec. Martapura Kab. Banjar             Fax : (0511) 4722714                Web : www.bankbsi.co.id




                                                                                                               PT Bank Syariah Indonesia Tbk
                                                                                                                        2024 Annual Report
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COMPANY
PROFILE




            Branch Office
No.                                                 Address                          No. Telephone and Fax                 Email and Web
               Name

         Pangkalan Bun Branch     Jl. Sukma Arianingrat No. 14, Kel. Baru, Kec.   Telp : (0532) 25624, 25625        Email : contactus@bankbsi.co.id
130.
         Office                   Arut Selatan Kab. Kotawaringin Barat            Fax : (0532) 25636                Web : www.bankbsi.co.id

                                  Jl. Ir. Pangeran Haji Muhammad Noor No.
                                                                                  Telp : (0526) 2024484             Email : contactus@bankbsi.co.id
131.     Tanjung Branch Office    12, Kel. Pembataan, Kec. Murung Pudak
                                                                                  Fax : (0526) 2024494              Web : www.bankbsi.co.id
                                  Kab. Tabalong

                                  Jl. M. T. Haryono No. 6, Kel. Mentawa Baru
                                                                                  Telp : (0531) 24222               Email : contactus@bankbsi.co.id
132.     Sampit Branch Office     Hulu , Kec. Mentawa Baru Ketapang Kab.
                                                                                  Fax : (0531) 24400                Web : www.bankbsi.co.id
                                  Kotawaringin Timur

         Palangkaraya                                                             Telp : 0536 - 3224862, 3224863,
                                  Jl. Diponegoro No.10, Kel. Langkai, Kec.                                          Email : contactus@bankbsi.co.id
133.     Diponegoro Branch                                                               3224864
                                  Pahandut Kota Palangka Raya                                                       Web : www.bankbsi.co.id
         Office                                                                   Fax : 0536 - 3224870

                                                                                  Telp : 0511 - 4774939,
         Banjarbaru Branch        Jl. A.Yani Km 35,5 , Kel. Kelurahan Komet,                                        Email : contactus@bankbsi.co.id
134.                                                                                     0511-6749031
         Office                   Kec. Banjarbaru Utara Kota Banjarbaru                                             Web : www.bankbsi.co.id
                                                                                  Fax : 0511 - 4774939

         Pontianak                Jl. Sultan Abdurrachman No. 23, Kel.
                                                                                  Telp : (0561) 745004              Email : contactus@bankbsi.co.id
135.     Abdurrachman Branch      Pontianak, Kec. Pontianak Kota Kota
                                                                                  Fax : (0561) 744774               Web : www.bankbsi.co.id
         Office                   Pontianak

         Ketapang Branch          Jl. R. Soeprapto No. 88, Kel. Sampit, Kec.      Telp : (0534) 34600               Email : contactus@bankbsi.co.id
136.
         Office                   Delta Pawan Kab. Ketapang                       Fax : (0534) 34395                Web : www.bankbsi.co.id

                                  Jl. Gusti Hamzah No. 41, Kel. Desa Durian,      Telp : (0562) 391900              Email : contactus@bankbsi.co.id
137.     Sambas Branch Office
                                  Kec. Sambas Kab. Sambas                         Fax : (0562) 392200               Web : www.bankbsi.co.id

         Singkawang Branch        Jl. Alianyang No. 16 C-D, Kel. Melayu, Kec.     Telp : (0562) 639866              Email : contactus@bankbsi.co.id
138.
         Office                   Singkawang Barat Kota Singkawang                Fax : (0562) 639865               Web : www.bankbsi.co.id

         Makassar 1 Branch        Jl. Dr. Ratulangi No.79, Kel. Labuang Baji,     Telp : (0411) 833070              Email : contactus@bankbsi.co.id
139.
         Office                   Kec. Mamajang Kota Makassar                     Fax : (0411) 833069               Web : www.bankbsi.co.id

                                  Jl. Urip Sumoharjo No. 44, Kel. Karema,         Telp : (0426) 22651, 2703380      Email : contactus@bankbsi.co.id
140.     Mamuju Branch Office
                                  Kec. Mamuju Kab. Mamuju                         Fax : (0426) 21922                Web : www.bankbsi.co.id

                                  Jl. Jend. Ahmad Yani No. 48, Kel. Macanang,     Telp : (0481) 28774               Email : contactus@bankbsi.co.id
141.     Bone Branch Office
                                  Kec. Tanete Riattang Barat Kab. Bone            Fax : (0481) 28775                Web : www.bankbsi.co.id

                                                                                  Telp : 0411 - 8914670, 8914610,
         Makassar 2 Branch        Jl. Dr. Sam Ratulangi No. 140, Kel. Mario,                                        Email : contactus@bankbsi.co.id
142.                                                                                   8914130
         Office                   Kec. Mariso Kota Makassar                                                         Web : www.bankbsi.co.id
                                                                                  Fax : 0411 - 8914275

                                                                                  Telp : (0471) 327432, (0471)
                                  Jl. Andi Jemma No.150, Kel. Tompotikka,                                           Email : contactus@bankbsi.co.id
143.     Palopo Branch Office                                                            327225, (0471) 327360
                                  Kec. Wara Kota Palopo                                                             Web : www.bankbsi.co.id
                                                                                  Fax : -

                                                                                  Telp : (0421) 22456, 26534,
         Parepare Branch          JL. Lahalede No.15, Kel. Ujung Baru, Kec.                                         Email : contactus@bankbsi.co.id
144.                                                                                   24624
         Office                   Soreang Kota Parepare                                                             Web : www.bankbsi.co.id
                                                                                  Fax : -

                                  Komplek Perniagaan Kelapa Dua - Entrop Jl.
                                                                                  Telp : (0967) 550965, 550966      Email : contactus@bankbsi.co.id
145.     Jayapura Branch Office   Raya Kelapa Dua No. 1-2, Kel. Entrop, Kec.
                                                                                  Fax : (0967) 550968               Web : www.bankbsi.co.id
                                  Jayapura Selatan Kota Jayapura

                                  Ruko Jatiland Business Center No. 19-20,
         Ternate Jatiland                                                         Telp : (0921) 3127220             Email : contactus@bankbsi.co.id
146.                              Kel. Gamalama, Kec. Ternate Tengah Kota
         Branch Office                                                            Fax : (0921) 3127336              Web : www.bankbsi.co.id
                                  Ternate

                                  Jl. Ahmad Yani No. 21, Kel. Malawei, Kec.       Telp : (0951) 323366              Email : contactus@bankbsi.co.id
147.     Sorong Branch Office
                                  Sorong Kota Kota Sorong                         Fax : (0951) 323360               Web : www.bankbsi.co.id

                                  Jl. Pala No. 2, Kel. Uritetu, Kec. Sirimau      Telp : (0911) 344572, 344337      Email : contactus@bankbsi.co.id
148.     Ambon Branch Office
                                  Kota Ambon                                      Fax : (0911) 344582               Web : www.bankbsi.co.id

                                  Jl. Tendean (Boulevard) Ruko Mantos
         Manado Mantos                                                            Telp : (0431) 876 166             Email : contactus@bankbsi.co.id
149.                              No.11-12, Kel. Sario Utara, Kec. Sario Kota
         Branch Office                                                            Fax : 888 1502                    Web : www.bankbsi.co.id
                                  Manado

         Palu Gajah Mada          Jl. Gajah Mada No. 77, Kel. Ujuna, Kec. Palu    Telp : (0451) 426222              Email : contactus@bankbsi.co.id
150.
         Branch Office            Barat Kota Palu                                 Fax : (0451) 452108               Web : www.bankbsi.co.id

         Gorontalo Branch         Jl. Ahmad Yani No. 127, Kel. Heledulaa          Telp : (0435) 828666              Email : contactus@bankbsi.co.id
151.
         Office                   Selatan, Kec. Kota Timur Kota Gorontalo         Fax : (0435) 830056               Web : www.bankbsi.co.id




       PT Bank Syariah Indonesia Tbk
70     2024 Annual Report
Page 73
          Branch Office
No.                                           Address                          No. Telephone and Fax                 Email and Web
             Name

                                                                            Telp : (0461) 21214, 22779,
                              Jl. Urip Sumoharjo No. 18C dan 18D, Kel.                                        Email : contactus@bankbsi.co.id
152.   Luwuk Branch Office                                                         8118671544
                              Karaton, Kec. Luwuk Kab. Banggai                                                Web : www.bankbsi.co.id
                                                                            Fax : (0461) 325456

                                                                            Telp : (0401) 3128822, 3128245,
       Kendari A Silondae 1   Jl. Abdullah Silondae No. 137, Kel. Korumba                                     Email : contactus@bankbsi.co.id
153.                                                                               3128897
       Branch Office          , Kec. Mandonga Kota Kendari                                                    Web : www.bankbsi.co.id
                                                                            Fax : (0401) 3127478




Company
Brand




                    The BSI logo, which consists of a wordmark (brand name) and an icon (five-pointed star), is
                    designed to convey a clear brand message and build clear recognition. The BSI five-pointed
                    star icon has three main meanings:




                Representing the "guiding light" which symbolizes our vision, which is to exist as a means to inspire goodness
                and positivity. This vision is guided by the verse of the Koran, Surah Ibrahim, verse 1: Alif Lam Ra.




                (This is) the Book that We have sent down to you (Muhammad) so that you can bring humanity out
                of darkness into bright light with God's permission, towards the path of God, the Almighty, the Most
                Praiseworthy.




                Representing the five pillars of Islam, which guide every Muslim to a wise and meaningful life.




                Represents the five principles of Pancasila, the philosophy that is the foundation of the Indonesian state to
                advance the nation and improve the welfare of all its people.




                                                                                                          PT Bank Syariah Indonesia Tbk
                                                                                                                   2024 Annual Report
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COMPANY
PROFILE




Brief Company
History




PT Bank BRIsyariah Tbk (“the Bank”),                               In January 2021, a merger took place between PT Bank BRIsyariah
headquartered in Jakarta, Indonesia, was                           Tbk, PT Bank Syariah Mandiri, and PT Bank BNI Syariah. This
initially established under the name                               merger was approved by the Financial Services Authority (OJK)
PT Bank Jasa Arta (“BJA”) based on Deed of                         Capital Market through Letter No. S-289/D.04/2020 dated
Establishment No. 4 dated April 3, 1969, drawn                     December 11, 2020, and by the OJK Board of Commissioners
up before Liem Toeng Kie, S.H., a notary in                        through Decree No. 4/KDK.03/2021 dated January 27, 2021,
Jakarta. BJA changed its name to PT Bank                           regarding the Approval of the Merger of PT Bank Syariah Mandiri
Syariah BRI (“BSBRI”) following a Shareholders'                    and PT Bank BNI Syariah into PT Bank BRIsyariah Tbk, along with
Approval Statement, as stated in Deed                              the Approval for the Name Change to PT Bank Syariah Indonesia
No. 45 dated April 22, 2008, drawn up before                       Tbk as the Surviving Bank. The merger of PT Bank BRIsyariah Tbk,
Fathiah Helmi, S.H., a notary in Jakarta. It                       PT Bank Syariah Mandiri, and PT Bank BNI Syariah into PT Bank
obtained approval to change its banking                            Syariah Indonesia Tbk became effective on February 1, 2021.
activities from a conventional bank to a
commercial bank operating under Sharia                             In June 2022, a change in share classification was made to
principles, effective as of October 16, 2008,                      the Articles of Association, as stated in Deed of Shareholders’
granted by Bank Indonesia.                                         Meeting Resolution on Amendments to the Articles of
                                                                   Association of PT Bank Syariah Indonesia Tbk No. 146 dated
                                                                   June 24, 2022, drawn up before Notary Jose Dima Satria, S.H.,
In 2009, BSBRI changed its name to PT Bank BRISyariah in           M.Kn., a notary in Jakarta, regarding:
accordance with the Shareholders' Approval Deed No. 18 dated       - The implementation of share classification into Series A
April 14, 2009, drawn up before Fathiah Helmi, S.H., a notary in     Dwiwarna shares, which hold special rights, and Series B
Jakarta. PT Bank BRISyariah later changed its name to PT Bank        common shares, which are ordinary registered shares.
BRIsyariah Tbk following approval from the Minister of Law and     - The reclassification of one (1) share owned by the Government
Human Rights of the Republic of Indonesia No. AHU-0000386.           of the Republic of Indonesia in the Bank into one (1) Series A
AH.01.02 of 2018, dated January 10, 2018.                            Dwiwarna share, while all shares owned by other shareholders
                                                                     were classified as Series B common shares.



     PT Bank Syariah Indonesia Tbk
72   2024 Annual Report
Page 75
This amendment was received and recorded by the Minister of
Law and Human Rights of the Republic of Indonesia under No.
AHU-AH.01.03-0269107 dated July 22, 2022.


The latest amendment to the Bank's Articles of Association
concerning additional paid-in capital was stipulated in the Deed
of Shareholders' Meeting Resolution on Amendments to the
Articles of Association of PT Bank Syariah Indonesia Tbk No. 191
dated December 29, 2022, drawn up before Muhammad Muazzir,
S.H., M.Kn., acting as a Substitute Notary for Notary Jose Dima
Satria, S.H., M.Kn., a notary in Jakarta. This amendment was
received and recorded by the Minister of Law and Human Rights
of the Republic of Indonesia under No. AHU-AH.01.03-0497431
dated December 29, 2022. Based on the latest Article 3 of the
Bank’s Articles of Association, the Bank's business scope is to
conduct banking operations based on Sharia principles.




Name Change Information

As outlined in the brief company history, BSI has undergone the following name changes:



                  PT Bank Jasa Arta
   April 3
   1969           Deed No. 4 dated April 3, 1969, drawn up before Notary Liem Toeng Kie, S.H., and the Decision of the Minister of
                  Justice No. J.A.5/70/4 dated May 28, 1970.




                  PT Bank Syariah BRI
  October 9       Deed of Statement of Joint Approval of All Shareholders of PT Bank Jasa Arta No. 45 dated April 22, 2008, drawn
   2008           up before Notary Fathiah Helmi, S.H., and approval from the Minister of Law and Human Rights of the Republic of
                  Indonesia No. AHU-71478.AH.01.02. Year 2008 dated October 9, 2008.




                  PT Bank BRISyariah
 November 5       Deed of Statement of Joint Approval of All Shareholders of PT Bank Syariah BRI No. 20 dated September 17, 2009,
   2009           drawn up before Notary Fathiah Helmi, S.H., and approval from the Minister of Law and Human Rights of the Republic
                  of Indonesia No. AHU-53631.AH.01.02. Year 2009 dated November 5, 2009.



                  PT Bank BRIsyariah Tbk
 January 10       Deed of Statement of Resolutions of the Extraordinary General Meeting of Shareholders of PT Bank BRIsyariah No. 8 dated
   2018           January 8, 2018, drawn up before Notary Fathiah Helmi, S.H., and approval from the Minister of Law and Human Rights of the
                  Republic of Indonesia No. AHU-0000386.AH.01.02. Year 2018 dated January 10, 2018, as well as receipt from the Minister
                  of Law and Human Rights of the Republic of Indonesia No. AHU-AH.01.03-0009224 dated January 10, 2018.


                  PT Bank Syariah Indonesia Tbk
 February 1       Deed of Statement of Resolutions on Amendment to Articles of Association regarding the Name Change of PT Bank
   2021           BRIsyariah Tbk to PT Bank Syariah Indonesia Tbk No. 38 dated January 14, 2021, drawn up before Notary Jose
                  Dima Satria, S.H., M.Kn., and approval from the Minister of Law and Human Rights of the Republic of Indonesia No.
                  AHU-0006268.AH.01.02. Year 2021 dated February 1, 2021, as well as receipt from the Minister of Law and Human
                  Rights of the Republic of Indonesia No. AHU-AH.01.03-0061498 dated February 1, 2021.



                                                                                                        PT Bank Syariah Indonesia Tbk
                                                                                                                 2024 Annual Report
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COMPANY
PROFILE




Vision, Mission
and Corporate Culture


                              VISION

                 TOP 10
                 GLOBAL
                 ISLAMIC BANK



Budaya
Perusahaan
Bank Syariah Indonesia was established by a State-Owned Enterprise (SOE), which is currently the majority shareholder
of the Bank. Accordingly, BSI uses “AKHLAK” as the company’s value, in line with the Circular Letter of the Ministry of
SOEs No. SE-7/MBU/07/2020, which requires every SOE to implement these core values as the basis for building HR
character.




          Amanah                                Kompeten                                  Harmonis
                Uphold                               Keep learning                        Mutual care and respect
            the trust given                    and developing capabilities                    for differences




     PT Bank Syariah Indonesia Tbk
74   2024 Annual Report
Page 77
                           MISSION




   Provide access to Sharia Financial       To be a large bank that provides         To be the Company of Choice
        Solutions in Indonesia.             the best value for shareholders.        and the Pride of Indonesia’s Best
                                                                                                Talents.
   Serving >20 million customers and         Top 5 most profitable banks in        A company with strong values that
   becoming the top 5 bank based on         Indonesia (ROE 18%) and strong          empower the community as well
    assets (500+T) and book value of               valuation (PB>2).                as being committed to employee
              50 T in 2025.                                                        development with a performance-
                                                                                             based culture.




        Review of Vision and Mission
        by the Board of Commissioners and Board of Directors


The Board of Commissioners and Directors have conducted a study and review of the Bank's vision and mission, and
stated that the vision and mission are still relevant for current conditions and in accordance with the challenges and
opportunities the bank will face in the future. The bank's Vision and Mission have been discussed and approved by the
Board of Commissioners and Directors at the Submission of the 2024-2026 Bank Business Plan (RBB) Amendment
Document to PT Bank Syariah Indonesia Tbk.




             Loyal                                 Adaptif                              Kolaboratif
     Dedicated to and prioritizing                Keep innovating and                        Build synergistic
      the interests of the Nation             be enthusiastic about making                     cooperation
             and the State                          or facing change




                                                                                        PT Bank Syariah Indonesia Tbk
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COMPANY
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Business
Activities

Business Activities According to the Articles of Association and Current Operations

Based on the Amendment to the Articles of Association No.                business in the banking sector based on Sharia principles and
AHU-0035266.AH.01.02.TAHUN 2024 regarding the Approval                   applicable laws and regulations. To achieve these objectives and
of Amendments to the Articles of Association of PT Bank Syariah          purposes, the Bank carries out the following business activities:
Indonesia Tbk, the Bank's objectives and purposes are to conduct


Main business activities

1. Collecting funds in the form of deposits, namely Current              10. To purchase, sell, and/or guarantee at its own risk third-party
     Account, Savings, or other equivalent forms based on the                securities issued on the basis of underlying transactions
     Wadi’ah Agreement or other agreements that are not                      based on sharia principles.
     contrary to sharia principles.                                      11. Purchasing securities based on sharia principles issued by
2. Raising funds in the form of investment, namely Deposits,                 the Government and/or Bank Indonesia
     Savings, or other equivalent forms based on the Mudharabah          12. Accept payments from commercial papers and perform
     Agreement or other agreements that are not contrary to                  calculations with or among third parties based on sharia
     sharia principles.                                                      principles.
3. Disbursing         profit-sharing      financing   based   on   the   13. Moving money, either for its own interest or for the
     Mudharabah, Musyarakah, or other agreements that are not                Customer’s interest, based on sharia principles
     contrary to sharia principles                                       14. Placing funds with, borrowing from, or lending to other
4. Disbursing financing based on Murabahah, Salam, Istishna’,                Banks, using letters, telecommunications devices, sight
     or other agreements that are not contrary to sharia principles.         drafts, checks, or other means.
5. Disbursing financing based on the Qardh Agreement or                  15. Providing safe deposit boxes to store valuable goods and
     other agreements that are not contrary to sharia principles.            commercial papers based on the principle of wadi’ah yad
6. Disbursing financing for leasing movable or immovable                     amanah or other principles based on sharia principles.
     goods to Customers based on the Ijarah Agreement and/or             16. Providing custodia services, including administration, for the
     lease purchase in the form of ijarah muntahiya bittamlik or             interest of other parties in accordance with Sharia principles
     other agreements that are not contrary to sharia principles.        17. Providing Letter of Credit (L/C) facilities based on sharia
7. Taking over debt based on a Hawalah Agreement or other                    principles
     agreement that is not contrary to sharia principles.                18. Providing bank guarantee facilities based on sharia principles
8. Conducting debit card and/or financing card business based            19. Providing trustee services based on the Wakalah Agreement.
     on sharia principles.                                               20. Conducting activities in the field of payment systems.
9. Performing the provision of banking services based on                 21. Carrying out accounts receivable transfer activities.
     agreement, among others:                                            22. Performing other activities commonly carried out in the
     a.     Wakalah                                                          banking industry, as long as they are not contrary to sharia
     b. Hawalah                                                              principles and in accordance with the provisions of applicable
     c.     Kafalah                                                          laws and regulations.
     d. Rahn




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Supplementary business activities that support the main activities

1. Conducting foreign exchange activities based on sharia           7. Issuing, offering, and trading short-term commercial papers
    principles.                                                         based on sharia principles, either directly or indirectly,
2. Performing capital investment in Sharia Commercial Banks             through the money market.
    or financial institutions that conduct business activities      8. Issuing, offering, and trading long-term commercial papers
    based on sharia principles.                                         based on sharia principles, either directly or indirectly,
3. Performing temporary capital investment to overcome                  through the capital market.
    the consequences of the failure of Financing based on           9. Providing products or conducting other f inancial service
    sharia principles with the condition that it must withdraw          activities based on sharia principles and applicable laws and
    its participation in accordance with the provisions of the          regulations.
    applicable laws and regulations.                                10. Collaborating with other Financial Service Institutions and
4. Acting as pension fund founder and administrator based on            non-Financial Service Institutions in providing financial
    sharia principles.                                                  services to Customers, in accordance with the regulations
5. Conducting activities in the capital market to the extent that       set by the Financial Services Authority and Sharia principles.
    they are not contrary to sharia principles and the provisions
    of the laws and regulations in the capital market sector.       All business activities outlined in the Articles of Association have
6. Organizing bank activities or products based on sharia           been carried out by the Bank.
    principles by using electronic means.




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Products and Services

Until the end of fiscal year 2024, BSI offered a wide range of products and services based on the needs and profile of each customer.
These products and services are classified into four categories: individual, corporate, digital banking, and cards.


Individuals

                                                                       BUSINESS

 Bank Guarantee Under Counter         A banking guarantee instrument is one that is issued on the basis of requests and counter guarantees received
 Guarantee                            from either banks or non-banks.

                                      Bank guarantee specifically for vendors/contractors of PT PLN (PLN) in the procurement of goods and services
 BSI Bank Guarantee
                                      within PLN.

                                      Electronic distribution channels in the form of internet banking services for corporate customers or institution to
 BSI Cash Management                  carry out activities on their accounts at the Bank in the context of financial management and cash flow monitoring
                                      safely, quickly, and easily.

 BSI SDA Export Deposit               Together, build the country through foreign exchange exports.

 BSI SDA Export Current Accout        Mortgage or property ownership financing service with a Hajj portion as a prize.

 BSI Optima Current Accout            Mudharabah current account with special returns based on tiering.

 BSI Government Current Account       Blessing fund for the country.

                                      Medium and long-term financing facilities for the procurement of capital goods (expansion, establishment of new
 BSI Investment Financing
                                      projects, or refinancing).

                                      Current account opening services in various currencies on behalf of Banks and non-Banks financial institutions,
 Vostro Current Account
                                      domestic and international correspondents at BSI.

                                      Collection services for short-term receivables under LC/SKBDN owned by the Nominated Bank to BSI, which
 Collection Services for Interbank
                                      collects the receivables from the debtor (issuing Bank) according to sharia principles. BSI can provide bailout funds
 Trade Finance Transactions
                                      to the Nominated Bank based on acceptance news from the Issuing Bank to the Nominated Bank.

                                      Loans or financing received by Bank Syariah Indonesia from banks or non-bank third parties, either domestically or
 Financing Received (PYD)             internationally, in rupiah or foreign currency. Bank Syariah Indonesia distributes profits to third parties based on
                                      the agreed-upon PYD underlying assets.

 SIF (Supply Infrastructure           Financing services for First Level Health Facilities (FKTP): Main Clinics, Pratama Clinics, Individual Practitioners,
 Financing) BPJS Health               and Dental Practices.



                                                                         GOLD

 BSI Gold Installment                 Purchase gold in fixed and light installments without worrying about the future price of gold.

 BSI Gold Pawn                        A gold pawn is a financing product that uses gold as collateral to provide a quick source of cash.




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                                                           HAJJ AND UMROH

                                The Hajj and Umrah savings plan is available for individuals aged 17 and above, based on Sharia principles using
                                either a Wadiah or Mudharabah contract, in IDR or USD. This savings account has no monthly administrative
BSI Indonesian Hajj Savings
                                fees and includes an ATM card and e-Channel facilities, provided the account holder is registered in Siskohat (has
                                received a quota).

                                The Hajj and Umrah savings plan is available for individuals aged 17 and above, based on Sharia principles using
BSI Indonesian Young Hajj       either a Wadiah or Mudharabah contract, in IDR or USD. This savings account has no monthly administrative
Savings                         fees and includes an ATM card and e-Channel facilities, provided the account holder is registered in Siskohat (has
                                received a quota).



                                                               INVESTMENT

Bancassurance                   Collaboration in marketing insurance products with insurance companies affiliated with Bank Syariah Indonesia.

                                A term investment managed with a Mudharabah Mutlaqah contract intended for individual and non-individual
BSI Deposito                    customers in IDR or USD currency. Available term options are 1 month, 3 months, 6 months and 12 months which
                                can be extended automatically (ARO) or Non ARO.

                                Islamic mutual funds are a method of collecting funds from the investor community in exchange for asset
BSI Sharia Mutual Fund          ownership. These funds are then invested and managed in sharia securities portfolios by investment managers
                                who follow sharia provisions and do not violate Islamic legal principles.

                                Cash Waqf Linked Sukuk Retail (CWLS Retail), also known as the Sukuk Wakaf SWR001 series, is an investment
Cash Waqf Linked Sukuk Retail
                                of cash waqf funds in state sukuk issued by the government to support waqf in the community’s economic
(Retail Waqf Sukuk)
                                empowerment program and social initiatives.

Referral Retail Brokerage       Offer a referral service for investment products to potential customers in collaboration with securities companies.

                                - SBSN Retail, consisting of Retail State Sukuk and Savings Sukuk
                                - Retail State Sukuk are state sukuk sold to individuals or individuals of Indonesian citizens through selling agents
SBSN Ritel                        in the domestic primary market.
                                - Sukuk Tabungan is a sharia investment product offered by the government to individual Indonesian citizens as
                                  a safe, easy, affordable, and profitable investment savings.




                                                                FINANCING

                                It is the service of providing financing facilities in rupiah or foreign currencies for short-term working capital needs
Bilateral Financing
                                or for other purposes to Bank and / or non-bank financial institutions.

                                Financing facilities secured by liquid collateral, i.e. secured by deposit in the form of deposits, current accounts,
BSI Cash Collateral
                                or savings.

                                Working capital financing with a value chain scheme is post-finance (bailout funds to pay invoices that the work has
BSI Distributor Financing       been completed) provided to suppliers who are specialized suppliers working on work contracts with Bouwheer,
                                where the source of repayment of financing is invoice payments from Bouwheer.

                                Mortgage are available for various needs, as follows:
                                1. Purchase of new house/second house/shophouse/homeoffice/apartment.
BSI Griya
                                2. Take over financing from other banks
                                3. Refinancing to fulfill customer needs.

BSI KPR Sejahtera               Consumptive financing facilities for government-subsidized housing with sharia principles.

                                A financing facility intended for Micro, Small, and Medium Enterprises to fulfill working capital and investment
BSI KUR Kecil
                                needs with a ceiling of above Rp50 million to Rp500 million.

                                A financing facility intended for Micro, Small, and Medium Enterprises to fulfill working capital and investment
BSI KUR Mikro
                                needs with a ceiling of above Rp10 million to Rp50 million.

                                A financing facility intended for Micro, Small, and Medium Enterprises to fulfill their working capital and investment
BSI KUR Super Mikro
                                needs with a ceiling of up to Rp10 million.

                                Financing for consumptive and productive purposes using murabahah/musyarakah mutanaqishah/ijarah
BSI Mitra Beragun Emas (Non
                                agreements with gold as collateral using a rahn agreement, in which the gold pledged is held by the Bank for a
Qardh)
                                certain period of time.

BSI Multipurpose Berkah         Financing for multipurposes without collateral with various benefits and convenience for payroll employees at BSI.

BSI OTO                         Vehicle ownership financing services (new cars, used cars, and new motorcycles) with easy and fixed installments.




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                                                                     FINANCING

                                     Monthly pension beneficiaries are eligible for the following financing options:
                                     1. ASN Pensioners & Widow Pensioners.
BSI Retirement Blessing              2. BUMN/BUMD pensioners.
                                     3. ASN/PNS Retirees & Widow Pensioners who have not entered the TMT of Retirement but have received a
                                        Retirement Decree.

                                     Consumptive financing facility to meet the needs of purchasing Umrah travel package services through the Bank
BSI Umrah
                                     that has collaborated with travel agents in accordance with sharia principles.

Mitraguna Online                     Unsecured financing for multipurpose/any purpose with various benefits and convenience for employees.




                                                                       PRIORITY

BSI Priority                         Exclusive services with special facilities from Bank Syariah Indonesia are available to selected individual customers.

                                     An exclusive service with special facilities from Bank Syariah Indonesia is made available to individual customers
BSI Private
                                     who have a minimum accumulative balance of Rp5 billion.

                                     It is a place for treasures or securities, which are stored in a treasure room made of sturdy steel that is fireproof and
Safe Deposite Box (SDB)
                                     resistant to demolition, ensuring the security of the items stored as well as the user’s comfort.




                                                                       SAVINGS

                                     A savings account in IDR designed to facilitate transactions for business segment customers, offering benefits such
BSI Business Savings                 as higher e-channel transaction limits (Visa Business debit card facility), free BI Fast transfer fees, more detailed
                                     transaction descriptions, and competitive profit-sharing ratios under the Mudharabah Muthlaqah contract.

BSI Easy Wadiah Savings              A savings account for easy daily transactions with no monthly administrative fees, available in IDR.

BSI Easy Mudharabah Savings          A savings account for easy daily transactions with a profit-sharing scheme, available in IDR.

                                     Savings that are intended for children and students under the age of 17 encourage a culture of saving from an early
BSI Junior Savings
                                     age, in IDR currency with Wadiah or Mudharabah Mutlaqah contract.

                                     Savings with a wadiah agreement from students of State Universities/Private Universities (PTN/PTTS) or
BSI Student Savings                  employees/members of companies/institutions/associations/professional organizations that collaborates with the
                                     Bank with Wadiah or Mudharabah Mutlaqah contracts.

                                     A payroll savings account for customers, offering four different account management fee variations based on the
BSI Payroll Savings
                                     bank’s agreement (PKS) with the institution, under the Wadiah or Mudharabah Mutlaqah contract.

                                     A savings account for individuals who are pension fund payment partners, provided in cooperation with the bank,
BSI Retirement Savings
                                     with the option of Mudharabah Mutlaqah contract.

                                     A Sharia securities savings account, also known as a Customer Fund Account (RDN), for individual customers to
BSI Sharia Securities Savings
                                     settle securities transactions in the capital market under the Mudharabah Mutlaqah contract.

                                     A USD-denominated savings account for individual and non-individual customers, under the Wadiah or
BSI Forex Savings
                                     Mudharabah Mutlaqah contract.

                                     A term savings account for education planning with an auto-debit system and insurance protection, under the
BSI Education Savings
                                     Mudharabah Mutlaqah contract.




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                                                                   SAVINGS

                                  A term savings account for investment planning with an auto-debit system and insurance protection, under the
BSI Savings Plan
                                  Mudharabah Mutlaqah contract.

                                  A term savings account for customers’ financial planning with an auto-debit system and insurance protection,
BSI Tapenas Regular
                                  under the Mudharabah Mutlaqah contract.

                                  A term savings account for future financial planning for employees, based on an institutional agreement, with an
BSI Tapenas Collective
                                  auto-debit system and under the Mudharabah Mutlaqah contract.

BSI Student Savings Account       A savings account for students as part of financial education and inclusion efforts, encouraging a saving habit from
(SimPel)                          an early age, under the Wadiah contract.

                                  An individual savings account promoted by Indonesia’s Financial Services Authority (OJK) to cultivate a saving
BSI Smart Savings
                                  culture and enhance societal well-being, under the Wadiah contract.

                                  An individual savings account promoted by Indonesia’s Financial Services Authority (OJK) to cultivate a saving
BSI TabunganKu
                                  culture and enhance societal well-being, under the Wadiah contract.



                                                                 TRANSAKSI

                                  A deposit account for individual customers, allowing withdrawals via debit card, check, bilyet giro (bank draft), and
BSI Giro Wadiah Perorangan
                                  other payment instruments, available in IDR, USD, SGD, and EURO, under the Wadiah contract.

                                  A deposit account for non-individual customers, allowing withdrawals via debit card, check, bilyet giro, and other
BSI Giro Wadiah Non Peorangan
                                  payment instruments, available in IDR, USD, SGD, and EURO, under the Wadiah contract.

                                  A deposit account for both individual and non-individual customers, allowing withdrawals via debit card, check,
BSI Giro Mudharabah Umum
                                  bilyet giro, and other payment instruments, available in IDR and USD, under the Mudharabah Mutlaqah contract.

                                  A deposit account for both individual and non-individual customers, allowing withdrawals via debit card, check,
BSI Giro Mudharabah Khusus        bilyet giro, and other payment instruments, available in IDR and USD, under the Mudharabah Mutlaqah contract,
                                  with profit-sharing ratios and fees determined based on the bank’s policies.




Company

                                                           CASH MANAGEMENT

                                  Transaction services include transfers to partners or third parties at BSI Bank or other banks (online, SKN, RTGS),
CMS                               transfers to employees (payroll), payment of tax obligations, payment and purchase of Pertamina products,
                                  payment of utility bills, and other bills.

                                  BSI Pertamina Payment is a payment and acceptance service for Pertamina products. Together with Pertamina, BSI
OPBS (SO/DO) Pertamina            comes with a host-to-host service to make it easier for Pertamina’s partners/customers to order and/or pay for
                                  Pertamina products through the BSI Cash Management System and BSI Branches.




                                                                  TREASURY

                                  Serving the needs of sharia securities transactions (sukuk):
Sukuk Transaction                 - Sukuk Negara
                                  - Corporate Sukuk

                                  Deposit products with a certain amount with a minimum period of 1 (one) to 28 (twenty eight) calendar days, with
Deposito On Call (DOC)
                                  a rate of return that refers to the daily placement at Bank Indonesia. The agreement used is mudharabah mutlaqah.

                                  Bank Syariah Indonesia serves foreign exchange sales/purchase transactions carried out in order to mitigate the
BSI Sharia Hedging                risk of changes in exchange rates for certain currencies in the future. The agreement used are aqd’ al-tahaww al-
                                  basith and al-sharf.

                                  Bank Syariah Indonesia serves foreign exchange purchase/sale transactions according to customer needs with a
Foreign Exchange Transactions
                                  certain time tenor. Today transactions for delivery on the same day, tomorrow (Tom) transactions for delivery after
- General Foreign Exchange/
                                  one working day and spot transactions for delivery after two working days. Currencies traded are USD, SAR, EUR,
Telegraphic Transfer
                                  SGD, JPY, AUD, HKD, CHF, CAD, CNY, and GBP.

Foreign Exchange Transactions -   Bank Syariah Indonesia serves foreign banknote transactions both for withdrawals and deposits as well as buying
Foreign Banknotes                 and selling against the Rupiah, with al-sharf agreements.




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                                                                       SERVICE

                                     Representing sukuk holders, and can act as monitoring agents, collateral agents, and escrow agents related to
                                     transactions in the Islamic capital market.
                                     - Trustee
Trustee                                 Monitor the issuer’s obligations in accordance with the sukuk issuance trusteeship agreement.
                                     - Agency
                                        Monitor the parties’ obligations regarding the services of monitoring agents, collateral agents, capital market
                                        escrow agents.

                                     Shariah-compliant governance with a modern and trusted custodial system.  

                                     Core Custody
                                     - Safekeeping
                                       Concept of physical custody of securities, securities recording, and reconciliation.
                                     - Transaction Handling Service
                                       Settlement of securities transactions that have occurred on the transaction date, which will be settled on the
                                       settlement date.
                                     - Corporate Action
                                       The custodian’s functions as a corporate action include other services, including receiving dividends, interest,
                                       and other rights (corporate action) and representing account holders who are its customers (proxy).
                                     - Sub Registry (Government Bond)
                                       Bookkeeping, recording, and administration services for government bond transactions for both companies and
                                       individuals, either directly with customers and/or through other selling agents.
                                     - Income Collection
                                       Services for the management or collection of customer rights in connection with securities and securities
                                       deposited at the Custodian Bank.
                                     - Portofolio Accounting
Custodian                              Services for bookkeeping or recording the customer’s asset portfolio.

                                     Fund Services and Unit Link
                                     - Fund Accounting
                                       Bookkeeping of securities transactions or securities in a portfolio and reporting to customers.
                                     - Fund Administration
                                       Recording the ownership of participation units of mutual fund and/or unit link customers and reporting them to
                                       investors of these products.
                                     - Safekeeping
                                       The concept of securities depository is physical storage of securities, securities recording, and reconciliation.
                                     - Transaction Handling Service
                                       Settlement of securities transactions that have occurred on the transaction date, which will be settled on the
                                       settlement date.
                                     - Income Collection
                                       Services for the management or collection of customer rights in connection with securities and commercial
                                       papers deposited at the Custodian Bank.
                                     - Reporting/Tax
                                       The final result or reporting service performed by the Custodian Bank on Mutual Fund assets sent to investment
                                       managers and/or unit holders.

                                     Medium and long-term financing facilities for the procurement of capital goods (expansion, establishment of new
Investment Financing
                                     projects, or refinancing).

                                     Facilities provided by Bank Syariah Indonesia to customers (Exporters) in order to assist in the processing of
                                     documents, collection of receivables, and help fulfill the working capital of customers. Including the settlement
Settlement of Export Notes
                                     of single bank, documentary, non documentary, and open account export bills either by collection (services) or
                                     negotiation/discounting (financing)

                                     Facilities provided by Bank Syariah Indonesia in the form of payment guarantees from the Bank provided to the
LC Issuance/SKDBN
                                     beneficiary if the guaranteed party (applicant) cannot fulfill its obligations or defaults,

                                     A facility whereby the Bank fulfills the Buyer’s obligation/debt to the Seller based on the Buyer’s signed sale and
Buyer Financing
                                     purchase contract/bill/invoice document.

                                     A facility whereby the Bank fulfills the Distributor’s obligation/debt to the Principal based on the sale and purchase
Distributor Financing
                                     contract/invoice document.

                                     A facility provided by Bank Syariah Indonesia where the debtor (supplier) delegates to the Bank to collect
Supplier Financing                   receivables. The bank then collects the receivables from the debtor (buyer), or other parties appointed by the
                                     debtor.

                                     Facilities provided by Bank Syariah Indonesia in the form of payment guarantees from the Bank provided to the
Bank Guarantee
                                     beneficiary if the guaranteed party (applicant) cannot fulfill its obligations or defaults.




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                                                                  FINANCING

Mandiri Syariah Bonded             Placement of funds sourced from owners of tied investment funds managed by BSI as collateral for financing
Investment                         provided to customers for a certain period of time based on a mudharabah muqayyadah agreement.

                                   Facilities provided by Bank Syariah Indonesia in the form of medium and long-term financing for the procurement
Investment Financing
                                   of capital goods (expansion, establishment of new projects, or refinancing).

                                   Financing facility to obtain fresh money funds on existing assets/objects of prospective customers for needs:
                                   - Asset acquisition
Refinancing
                                   - Take over
                                   - Other investment needs

                                   Facilities provided by Bank Syariah Indonesia in the form of financing to multifinance with channeling or executing
Multifinance
                                   patterns.

                                   Facilities provided by Bank Syariah Indonesia in the form of Short-Term Financing to finance seasonal working
Sharia Current Account Financing
                                   capital needs.

                                   As a customer’s business grows, it is often required for more than one bank and/or Islamic financial institution
                                   to jointly meet the customer’s large financial needs. With our professionals in the field of sharia syndication,
Agency, Syndication and Clubdeal   customers will have the confidence to obtain sharia financing facilities in big amounts and competitive margins/
                                   rent/profit sharing without having to deal with many other banks and/or sharia financial institutions but only with
                                   Bank Syariah Indonesia, which will also help customers optimize the financing received.

                                   Medium and long-term financing facilities for the procurement of capital goods (expansion, establishment of new
Working Capital Financing
                                   projects or refinancing).



                                                                    SAVINGS

                                   Non-savings account deposits managed with mudharabah agreements are intended for institutions that require
SBSN Current Account
                                   maximum returns.

SDA DHE Deposit                    Savings account deposits are sourced from DHE SDA funds belonging to customers at the Bank or other banks.

                                   Non-savings account deposits managed with mudharabah and wadiah agreements are intended for exporters in
DHE SDA Current Account
                                   the context of DHE SDA export trading activities.

Optima Current Account             Mudharabah current account with special returns based on tiering.




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Digital Banking

                                     Solutions for customers’ convenience in transactions, worship, and sharing through various features in one
BSI Mobile                           application. BSI Mobile accompanies customers 24 hours a day, and makes everything more balanced financially,
                                     spiritually, and socially.

                                     The online account opening service through BSI Mobile is a solution for customers who want to open an account
Open an Online Account
                                     easily without having to come to the branch.

                                     Gold ownership services ara available through BSI Mobile, with gold purchases starting at Rp50,000. Customers
Gold Solutions                       can buy, sell, transfer, and withdraw physical gold and online gold pawning easily and safely without the need to
                                     come to the branch.

BSI QRIS                             Transaction services by scanning QR codes that use Bank Indonesia’s QR Code Indonesia Standard (QRIS).

                                     A practical solution for customers to make cash withdrawals without a card. Through BSI Mobile, cardless cash
BSI Cardless Withdrawal
                                     withdrawals can be made at all Bank Syariah Indonesia ATMs, including Indomaret and Alfamart.

                                     The BSI Debit Card is an ATM card from Bank Syariah Indonesia that can be used for transactions at ATMs and
BSI Debit Card
                                     EDCs in the GPN and International (Visa) networks.

BSI Debit OTP                        BSI Debit OTP is a debit card-based transaction service that uses an OTP code as a PIN for every transaction.

                                     BSI ATM CRM (Cash Recycle Machine) or ATM Setor Tarik is a type of ATM to serve cash deposit transactions, cash
BSI ATM CRM
                                     withdrawals, interbank transfers, and payment or purchase transactions for all Bank Syariah Indonesia Customers.

                                     Aisyah is Bank Syariah Indonesia’s Interactive Assistant, who will help provide information on the latest products,
BSI Aisyah
                                     services, and promotions from Bank Syariah Indonesia.

                                     Business transactions are now easier through BSI Net services, anytime and anywhere. Various transaction
BSI Net
                                     facilities, such as making bulk transfers and monitoring transactions, can be done on BSI Net.

                                     EDC Bank Syariah Indonesia is a service provided by Bank Syariah Indonesia to customers who have businesses to
BSI Merchant Business
                                     provide convenience for ATM Debit card payment transactions to their customers.

                                     The BSI API Platform is a portal that provides open banking services to facilitate the integration process between
BSI API Platform
                                     Bank Syariah Indonesia services and customer applications

                                     BSI Smart Agent is BSI’s Laku Pandai Service (Office-less Financial Services in the Framework of Inclusive Finance)
BSI Smart Agent                      to provide banking services and/or other financial services that are conducted not through an office network but
                                     through cooperation with other parties supported by information technology facilities.

                                     Payment Point transaction services at Bank Syariah Indonesia can be done by customers at any Bank Syariah
BSI Payment Point
                                     Indonesia outlet or at ATMs. Payments can be made through debit accounts or cash.

Deposito Mobile                      Easy investment with deposits on BSI Mobile, anytime and anywhere, without the need to visit a branch.

                                     BSI Griya Hasanah Online Top-Up Financing is financing from Bank Syariah Indonesia in the form of additional
Griya Hasanah Online Top Up          financing from Bank Syariah Indonesia’s existing financing for customers’ consumptive purposes. Griya Hasanah
Through BSI Mobile                   Online Top Up Financing uses a sharia refinancing contract with al-bai’ scheme in the framework of Musyarakah
                                     Mutanaqishah (MMQ).




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Card

                                                       FINANCING CARD

                            The BSI Hasanah Card Classic is a financing card based on Syariah principles that functions like a credit card. It
                            is issued by Bank Syariah Indonesia and can be used for transactions at all EDC machines and ATMs bearing the
                            Mastercard logo worldwide (internationally).
                            BSI Hasanah Card Classic is made based on DSN Fatwa No. 54/DSN-MUI/X/2006 concerning sharia cards and is
BSI Hasanah Card Classic    based on 3 (three) sharia agreements, among others:
                            - Kafalah
                            - Qardh
                            - Ijarah
                             The BSI Hasanah Card Classic limit ranges from Rp4 million to Rp6 million.

                            The BSI Hasanah Card Gold is a financing card based on Syariah principles that functions like a credit card. It is
                            issued by Bank Syariah Indonesia and can be used for transactions at all EDC machines and ATMs bearing the
                            Mastercard logo worldwide (internationally)
                            BSI Hasanah Card Gold is made based on DSN Fatwa No. 54/DSN-MUI/X/2006 concerning sharia cards and is
BSI Hasanah Card Gold       based on 3 sharia agreements, among others:
                            - Kafalah
                            - Qardh
                            - Ijarah
                            The BSI Hasanah Card Gold limit ranges from Rp8 million to Rp30 million.

                            The BSI Hasanah Card Platinum is a financing card based on syariah principles that functions like a credit card. It
                            is issued by Bank Syariah Indonesia and can be used for transactions at all EDC machines and ATMs bearing the
                            Mastercard logo worldwide (internationally)
                            BSI Hasanah Card Platinum is made based on DSN Fatwa No. 54/DSN-MUI/X/2006 concerning sharia cards and
                            is based on 3 (three) sharia contracts, among others:
BSI Hasanah Card Platinum
                            - Kafalah
                            - Qardh
                            - Ijarah
                            The BSI Hasanah Card Platinum limit ranges from Rp40 million to Rp900 million It also provides access to free
                            executive airport lounges at partner airports.




                                                          DEBIT CARDS

                            The BSI Debit GPN is a debit/ATM card product issued by Bank Syariah Indonesia using the National Payment
BSI Debit GPN
                            Gateway (NPG) logo that can be used by customers in all EDC and ATM machine networks throughout Indonesia.

BSI Debit OTP               ATM debit card, where the PIN system uses a One-Time Password (OTP) registered through mobile banking.

                            BSI Debit Visa is a debit/ATM card product issued by Bank Syariah Indonesia using the Visa Worldwide logo that
BSI Debit Visa
                            can be used by customers in all EDC machine networks and ATMs anywhere in the world (International).

                            BSI Debit SaBi is a debit/ATM card product issued by Bank Syariah Indonesia using the National Payment Gateway
BSI Debit Sabi Card         (NPG) logo, which is a facility for child savings owners affiliated with parents. The BSI Debit SaBi card supports
                            financial literacy education for children with special limitations to keep them safe in transactions.

                            BSI Debit SimPel is a debit/ATM card product issued by Bank Syariah Indonesia using the National Payment
                            Gateway (NPG) logo, which is a facility for Sim panan Pelajar Savings account holders. The BSI Debit SimPel card
BSI SimPel Debit Card
                            has a special limit so that students can transact safely and easily. The card can be used by students in all EDC and
                            ATM machine networks throughout Indonesia (national).

                            The Mabrur Debit Card is a debit/ATM card issued by Bank Syariah Indonesia, specifically designed for customers
Mabrur Debit Card           of the Indonesian Hajj Savings account. It provides convenience for transactions while performing religious
                            pilgrimages in the Holy Land.




                                                                                                         PT Bank Syariah Indonesia Tbk
                                                                                                                  2024 Annual Report
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COMPANY
PROFILE




Operational
Area




                   Nanggroe Aceh Darussalam




                                      North Sumatera




                                                  Riau
                                                                                                               East Kalimantan
                                                                                      West Kalimantan

                                                               Kepulauan Riau



                                                                      Jambi




     West Sumatera
                                                                                                                                          West Sula


                 Bengkulu
                                                                          Central Kalimantan
                                                                                                 South Kalimantan
                    South Sumatera
                                                                                  DKI Jakarta
                                                                                                           Central Java

                                      Lampung
                                                                                                                                 South Sulawesi


                                                 Banten

                                                                                     Yogyakarta
                                                          West Java
                                                                                               East Java
                                                                                                                                  Bali




      PT Bank Syariah Indonesia Tbk
86    2024 Annual Report
Page 89
                    BSI's business network and operational areas are supported by regional offices up to functional operational offices, the details of which
                    are explained below in 2024.


                    BSI Office Network Table


                                         Office Type                                  2024                     2023            2022                  2021

                     Regional Office                                                      10                     10              10                     10

                     Branch Office                                                        153                   153             153                    272

                     Overseas Branch Office                                                 1                     1                -                      -

                     Auxiliary Branch Office                                              886                   886             959                    985

                     Mobile KCP (dhi: MKK)                                                 60                    60              60                       -

                     Functional Office                                                     91                    91              96                     34

                     Cash Office                                                            -                      -               -                    74

                     Payment Point (PP)                                                     -                      -               -                   179

                     Priority Service Counter                                              23                    20              16                     11

                     Pawn Service                                                         754                   765             734                    530

                     Automatic Teller Machine (ATM)                                   5,425                    2,571           2,548                 2,618

                    Notes:
                    - PP in 2022 Reformat into KFO (cfm. PJOK No.16 Year 2022)
                    - KK in 2022 Reformat to KCP (cfm. POJK No.16 Year 2022




        Gorontalo                                               North Sulawesi
                                                                                                North Maluku




                                                                                                                           West Papua




                                                                                 Maluku
awesi
                                                        Central Sulawesi




                                                   Southeast Sulawesi


                                                                                                                       Papua

                             West Nusa Tenggara




                                                                                    East Nusa Tenggara




                                                                                                                                PT Bank Syariah Indonesia Tbk
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COMPANY
PROFILE




Office Network Table by Region in 2024

                                                                            Office Type

       Region                                                                                                       Priority
                                                                                                                                      Pawn
                            KC              KCLN              KCP           KCP Mobile             KF               Service
                                                                                                                                     Services
                                                                                                                    Counter

 Regional Office 1          16                 0              136                  1                 7                  2               80

 Regional Office 2           15                0               80                   7                7                  2               58

 Regional Office 3           16                0               87                   8                2                  1               73

 Regional Office 4           15                0              111                  10              11                   5               85

 Regional Office 5           15                0               84                   2                7                  5               63

 Regional Office 6           12                0               68                   6                0                  2               65

 Regional Office 7           13                0               91                   7              13                   3               71

 Regional Office 8           20                0              119                  10              26                   1              127

 Regional Office 9           16                0               53                   5                0                  1               55

 Regional Office 10          15                0               57                   4              18                   1               77

 TOTAL                      153                0              886                  60              91                 23               754




                                                              Regional Office

     Regional Office 1            Regional Office 2          Regional Office 3             Regional Office 4                Regional Office 5

                                                                                                                      Jakarta Pusat, Jakarta
                                                                                                                      Barat, Jakarta Selatan,
                                                          Sumatera Selatan,                                           Jakarta Timur, Kota
                                                          Bengkulu, Sumatera Barat,                                   Tangerang, Kab. Tangerang,
                             Sumatera Utara, Kep. Riau,                                 Banten, DKI Jakarta, Kota
 Nanggroe Aceh Darussalam                                 Jambi,                                                      Kota Tangerang Selatan,
                             Riau                                                       Bekasi, Kab. Bekasi
                                                          Kep. Bangka Belitung,                                       Kota Bogor,
                                                          Lampung                                                     Kab. Bogor,
                                                                                                                      Kota Depok,
                                                                                                                      Kota Bekasi

     Regional Office 6            Regional Office 7          Regional Office 8             Regional Office 9                Regional Office 10

                                                                                                                      Gorontalo,
                                                                                                                      Maluku,
                                                                                                                      Maluku Utara,
                                                                                        Kalimantan Barat,
                                                                                                                      Papua,
                                                          Jawa Timur, Bali, Nusa        Kalimantan Selatan,
                             Jawa Tengah, Daerah                                                                      Papua Barat Daya,
 Jawa Barat                                               Tenggara Barat, Nusa          Kalimantan Tengah,
                             Istimewa Yogyakarta                                                                      Sulawesi Barat,
                                                          Tenggara Timur                Kalimantan Timur,
                                                                                                                      Sulawesi Selatan,
                                                                                        Kalimantan Utara
                                                                                                                      Sulawesi Tengah,
                                                                                                                      Sulawesi Tenggara,
                                                                                                                      Sulawesi Utara




      PT Bank Syariah Indonesia Tbk
88    2024 Annual Report
Page 91
List of
Association Membership

To strengthen its business, BSI has joined various industry associations, including:  



  No.                                        Association                                    Position                   Scale

   1.    Perhimpunan Bank-bank Nasional (Perbanas)                                           Member                   National

   2.    Pekumpulan Bank Syariah Indonesia (Asbisindo)                                   General Chairman             National

   3.    Islamic Financial Services Board (IFSB)                                             Member                 International

   4.    Lembaga Alternatif Penyelesaian Sengketa di Sektor Jasa Keuangan (LAPS SJK)         Member                   National

   5.    Forum Komunikasi Direktur Kepatuhan Perbankan (FKDKP)                               Member                   National

   6.    Asosiasi Sistem Pembayaran Indonesia (ASPI)                                         Member                   National

   7.    Asosiasi Bank Agen Penjual Efek Reksa Dana Indonesia (ABAPERDI)                     Member                   National

   8.    Asosiasi Emiten Indonesia (AEI)                                                     Member                   National

   9.    Masyarakat Ekonomi Syariah (MES)                                                    Member                   National

  10.    Ikatan Bankir Indonesia (IBI)                                                       Member                   National

  11.    Ikatan Ahli Ekonomi Islam Indonesia (IAEI)                                          Member                   National

  12.    Badan Musyawarah Perbankan Daerah (BMPD)                                            Member                   National

  13.    Forum Komunikasi Industri Jasa Keuangan (FK IJK)                                    Member                   National

  14.    Forum Human Capital Indonesia (FHCI)                                                Member                   National

  15.    Indonesia Corporate Secretary Association (ICSA)                                    Member                   National

  16.    Dewan Syariah Nasional - Majelis Ulama Indonesia (DSN – MUI)                        Member                   National

  17.    Asosiasi Kartu Kredit Indonesia (AKKI)                                              Member                   National

  18.    Asosiasi Pasar Uang dan Pasar Valuta Asing Indonesia (APUVINDO)                     Member                   National

  19.    Kustodian Sentral Efek Indonesia (KSEI)                                             Member                   National




                                                                                                   PT Bank Syariah Indonesia Tbk
                                                                                                            2024 Annual Report
                                                                                                                                    89
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  COMPANY
  PROFILE




  Organizational
  Structure

          Sharia Supervisory Board                                                                                                           General Meeting of
                                                                                                                                               Shareholders
                 Sharia Committee



                                        Sharia Supervisory
                                              Board                                                                                          President Director
                                                                                                                                                  Hery Gunardi




                                                                                                                                          Vice President Director
                                                                                                                                             Bob Tyasika Ananta




                                                               Information                                                                                             Risk
                                                                                                   Treasury &               Wholesale
                                                               Technology                                                                                           Management
                                                                                                  International             Transaction
                                                              Saladin                                Banking                  Banking                                 Grandhis
                                                           Dharmanugraha                                                                                               Helmi
                                                                                                    Ari Rizaldi            Zaidan Novari
                                                              Effendi                                                                                               Harumansyah




                                                                                   Digital                                                         Wholesale                                    Retail &
                     Operations          Information
                                                                                  Banking                                                            Risk                                      Consumer
                      Ana Nurul          Technology
                                                                                                                                                                                                 Risk
                       Khayati                                                 Saut Parulian                                                         Babas
                                                                                 Saragih                                                            Bastaman                                   Pjs. Babas
                                                                                                                                                                                               Bastaman


Environmental,         Financing         IT Strategic       Digital Banking    Digital Banking   Treasury & Global           Corporate              Corporate       IT & Fraud Risk           SME & Micro
   Social &           Operations           Planning          & E-Channel            Retail            Market                 Business 1               Risk          Bayu Hasdianto                Risk
 Governance         Yan Rasdiansyah      M. Misbahul          Operations       Riko Wardhana       Kemal Aditya               Fiti Syam                Ali                                       Deden
  Rima Dwi                                  Munir             Wijayanto                                                                                                                        Durachman
 Permatasari

                      Operations          IT & Digital          CISO               Digital          International            Corporate              Commercial      Enterprise Risk           Consumer
                     Development         Development            Office            Banking            & Financial             Business 2                Risk          Management                 Risk
                     Agustini Fitriah   Sandy Prasetya      Andri Purnomo        Wholesale           Institution           Buyung Ichman            Diar Fitrada    Pjs. Indriati Tri      I Gusti Ngurah
                                              Hadi                                               Ir Anna Kristanty            Lukman                                  Handayani          Bramantya Ardana


                      Customer          IT Application          SORH           Data & Decision       Office of               Corporate              Wholesale          Policy &              Retail Collection,
                         Care              Support                 IT           Management       Chief Economist             Business 3             Collection,       Procedure               Restructuring
                      Dwi Hesti         Arief Sunandar     Ika Kartika Johan    Andy Puguh        Banjaran Surya            Husni Thamrin         Restructuring &     Indriati Tri             & Recovery
                     Mulyaningrum                                                 Nugroho          Indrastomo                                        Recovery         Handayani               Dede Sutisna
                                                                                                                                                   Kurniawan Eko
                                                                                                                                                      Budi P.

                       Financing                                                                    Transaction             Commercial
                        Center          IT Operations                                                 Banking                Business 1                                                            ERO
                                                                                                     Wholesale                                         ERO
                       Alhuda DJ        Gatot Prasetyo                                                                       Silmi Akbar
                                                                                                 Fajar Ari Setiawan        Ghania Permana

                       Business                                                                                                               1. Maisur Hilmi                           1.    Taty Sediaty
                                                                                                                              Commercial
                      Continuity                                                                                              Business 2      2. Budiyono                               2.    Arief Budiman
                     Management                                                                                                                                                         3.    Ir Supriono
                    Nurdiana Habibie                                                                                        Ivan Hartawan
                                                                                                                                                                                        4.    Asnah Faekhah

                                                                                                                               Corporate
                         SORH                                                                        Overseas                  Finance &
                       Operations                                                                     Branch                    Solution
                                          Notes:                                                                           Indra G Kampono

                                                    Director
                                                                                                                                EBO
                                                    SEVP

                                                                                                                      1.    Yoana Irawati
                                                    N2 Business                                                       2.    Astridiana Sjamanti
                                                                                                                      3.    Ferry Hendrawan
                                                    N2 Enabler                                                        4.    Cera Wirastuti

                                                                                                                               SORH
                                                    N2 Support                                                               Wholesale
                                                                                                                              Zulaicha
                                                    Overseas Branch Offices




          PT Bank Syariah Indonesia Tbk
  90      2024 Annual Report
Page 93
The organizational structure of BSI is established based on the Board of Directors Decree No. 04/425-KEP/DIR dated September 17,
2024. The following is the organizational structure per December 31, 2024




                                                                                                                                                         Board of Commissioners

                                                                                                                                                            Audit Committee

                                                                                                                                             Nomination & Remuneration Committee

                                                                                 Board of                                                               Risk Oversight Committee
                                                                               Commissioners




               Compliance &                                   Finance &                      Retail                            Sales &
               Human Capital                                   Strategy                     Banking                          Distribution
                  Tribuana                                   Ade Cahyo                     Harry Gusti                      Anton Sukarna
                 Tunggadewi                                   Nugroho                        Utama




         Human                                                                                                     Consumer                                                    Internal
         Capital                                  Corporate                                                         Product                                                     Audit
                                                   Strategy                                                         Solution
     Firman Jatnika                                                                                                                                                             Satria
                                                                                                                     Wawan
                                                                                                                    Setiawan


      Human Capital        Compliance &            Corporate            Strategic          Institutional        Consumer Business                            Marketing       Wholesale &
     Strategy & Policy       AML-CTF            Transformation         Planning &             Banking              1 (Secured)          Distribution       Communication   Corporate Center
      Teszy Mira Eka      Rosalina Dewi T            Office           Performance            Ida Triana         Praka Mulia Agung         Strategy          Kemas Erwan         Audit
          Kusuma                               Jiwo Sukarno (Pjs.)    Management            Widowati                                   Affan Mawardi          Husainy         Movianto
                                                                      Diaz Hartadi

      Human Capital                                                     Corporate       Alternative Channel     Consumer Business 2    Retail Deposit                            Retail,
        Services                Legal              Corporate            Finance &          & Government             (Unsecured)           Solution                          Distribution &
        Bambang             Netty Susanti        Development           Accounting              Project               Dien Lukita       Vita Andrianty                       Digital Banking
        Sutrisno                                 Jiwo Sukarno                               Sefudin Suria          Purnamasari                                                   Audit
                                                                      Priyo Hartono
                                                                                              Hidayat                                                                        Agus Subekti

      BSI Corporate                            Investor Relation      Procurement &            SME                     Card              Transaction                           IT Audit
       University        Corporate Secretary    Rizky Budinanda         Fixed Asset          Business               Business           Banking Retail
                          & Communication                                                                                                                                    Arif Jatmoko
     Peby Elan Surya                                                      Yuwono           Risqi Widayat           Arief Satiana      Dickman Mualana
        Diningrat          Wisnu Sunandar



      Senior Human                                 Business                                   Micro              Gold & Pawning           Wealth
                          Data Protection                                 SORH              Business                 Business          Management
     Capital Business                           Transformation       Corporate Center
          Partner         Khoirul Huda S                                                  Joni Haryanto           Ilyas Ibrahim       Asri Natanegeri
                              Riyadi             Bayu Isnandar            Arjuka
      Sylvia Azis dan
       Suvitri Devi
                                                                                        Islamic Ecosystem
                                                                                             Solution                                    Regional
                                                                                            Muhammad                                      Office
                                                                                          Syukron Habiby

                                                                                                                                           SORH
                                                                                                                                       Distribution &
                                                                                               EBO                                       Consumer
                                                                                                                                           Yasrul
                                                                                        1. Mahendra Nusanto S



The composition of the Committee under the Board of Commissioners, effective December 31, 2024, is as follows:
1.      Audit Committee t: Mohamad Nasir (Chairperson and Member), Muliaman                                3.    Risk Monitoring Committee: Adiwarman A. Karim (Chairperson and Member),
        D. Hadad (Member), Adiwarman A. Karim (Member), Komaruddin Hidayat                                       Muliaman D. Hadad (Member), Mohamad Nasir (Member), Komaruddin Hidayat
        (Member), Felicitas Tallulembang (Member), Suharto (Member), Rahmatina                                   (Member), Felicitas Tallulembang (Member), Suyanto (Member), Abu Rokhmad
        Awaliah Kasri (Member).                                                                                  (Member), Fauzi (Member), Nazaruddin (Member), Bowo Setiyono (Member),
2.      Nomination and Remuneration Committee: Komaruddin Hidayat (Chairperson                                   Noor Anis (Member).
        and Member), Muliaman D. Hadad (Member), Adiwarman A. Karim (Member),
        Mohamad Nasir (Member), Felicitas Tallulembang (Member), Masduki Baldlowi                          Names of Committee Members under the Board of Directors can be found in the
        (Member).                                                                                          Corporate Governance section.




                                                                                                                                                        PT Bank Syariah Indonesia Tbk
                                                                                                                                                                 2024 Annual Report
                                                                                                                                                                                              91
Page 94
COMPANY
PROFILE




Board of Directors
Profile




                                                  Hery Gunardi

                                                  President director




                                          Educational Background
        Indonesian Citizen                • Bachelor of Business Administration from Universitas 17 Agustus Surabaya (1987).
                                          • Master of Finance and Accounting from University of Oregon USA (1991).
                                          • Doctor of Business Management from Universitas Padjadjaran Bandung (2021).
        Born in Bengkulu,
        in 1962. Age 62 years old         Certification
        as of December 2024.
                                          • Enterprise Risk Management Certification Level 7, BARA (2024).
                                          • Islamic Banking Certification, Karim Consulting (2020).
        Domiciled in                      • Risk Management Certification Level 5, BARA (2013).
        Jakarta, Indonesia                • Certified Financial Planner (CFP), Standard Board of Indonesia (2007).
                                          • Certified Wealth Manager (CWM), University of Greenwich and IBI (2005).
                                          • Chartered Life Underwriter (CLU), Singapore College of Insurance (2004).
        Appointment History               • Chartered Financial Consultant (ChFC), Singapore College of Insurance (2004).
                                          • Money Market and Foreign Exchange Dealer, TRAC Consultant Singapore (1997).
        Appointed for the first time as
        President Director through the
        Extraordinary General Meeting     Work Experience
        of Shareholders on December       • President Director of PT Bank Syariah Indonesia Tbk. (2021-Present).
        15, 2020 and effectively served   • President Director of PT Bank Syariah Mandiri (2020-2021).
        on February 1, 2021. Then         • Head of Project Management Office for Integration and Value Enhancement of
        reappointed at the Annual GMS       State-Owned Sharia Banks (2020-2021).
        on May 17, 2024.                  • Deputy President Director of PT Bank Mandiri (Persero) Tbk (2020).
                                          • Director of Consumer & Retail Transaction of PT Bank Mandiri (Persero) Tbk (2019-2020).
                                          • Director of Business & Network of PT Bank Mandiri (Persero) Tbk (2019).
        Term of Office                    • Director of Small Business & Network of PT Bank Mandiri (Persero) Tbk (2018-2019).
                                          • Director of Distributions of PT Bank Mandiri (Persero) Tbk (2016-2018).
        • 2021 - 2024 (First Period)
                                          • Director of Consumer Banking of PT Bank Mandiri (Persero) Tbk (2015-2016).
        • 2024 – 2027 (Second Period)     • Director of Micro & Business Banking of PT Bank Mandiri (Persero) Tbk (2015).
                                          • Director of Micro & Retail Banking, PT Bank Mandiri (Persero) Tbk (2013-2015).
        Share Ownership
        PT Bank Syariah Indonesia Tbk:    Concurrent Positions
        3,354,400 shares                  Internal Concurrent Positions:
                                          • Chairman of the Business Committee at PT Bank Syariah Indonesia Tbk.
                                          • Chairman of the Human Resources Committee at PT Bank Syariah Indonesia Tbk.
                                          • Chairman of the Assets & Liabilities Committee at PT Bank Syariah Indonesia Tbk.
                                          • Member of the IT Committee at PT Bank Syariah Indonesia Tbk.
                                          • Member of the Policy & Procedure Committee at PT Bank Syariah Indonesia Tbk.

                                          External Concurrent Positions:
                                          Does not hold any positions in other public companies.


     PT Bank Syariah Indonesia Tbk
92   2024 Annual Report
Page 95
                                         Bob Tyasika Ananta

                                         Vice President Director




                                 Educational Background
Indonesian Citizen               • Bachelor of Accounting from Gadjah Mada University Yogyakarta (1986).
                                 • Master of Finance, Business Administration from University of Oregon USA (1989).

Born in Surakarta,               Certification
in 1963. Age 61 years old
as of December 2024.             Qualification Competency Certification 7 - Banking Risk Management Field (2024).

                                 Work Experience
Domiciled in
South Jakarta, Indonesia         • Deputy President Director of PT Bank Syariah Indonesia Tbk (2022-present).
                                 • Director of Human Capital & Compliance, PT Bank Negara Indonesia (Persero) Tbk
                                   (2020-2022).
                                 • Director of Treasury & International, PT Bank Negara Indonesia (Persero) Tbk
Appointment History
                                   (2019-2020).
Appointed for the first time     • Director of Risk Management, PT Bank Negara Indonesia (Persero) Tbk (2018-
as Deputy President Director       2019).
through the AGM on May 27,       • Director of Planning & Operations, PT Bank Negara Indonesia (Persero) Tbk
2022 and received an effective     (2016-2018).
decision from the OJK on         • Director of Operations and Information Technology, PT Bank Negara Indonesia
September 22, 2022.                (Persero) Tbk (2015-2016).

                                 Concurrent Positions
Term of Office
2022 – 2025 (First Period).      Internal Concurrent Positions:
                                 • Chairman of the Crisis Management Committee of PT Bank Syariah Indonesia Tbk.
                                 • Deputy Chairman of the IT Committee of PT Bank Syariah Indonesia Tbk.
Share Ownership                  • Deputy Chairman of the Business Committee of PT Bank Syariah Indonesia Tbk.
PT Bank Syariah Indonesia Tbk:   • Deputy Chairman of the Human Resources Committee of PT Bank Syariah Indonesia
1,134,400 shares                    Tbk.
                                 • Deputy Chairman of the Assets & Liabilities Committee of PT Bank Syariah Indonesia
                                    Tbk.
                                 • Member of the Policy & Procedure Committee at PT Bank Syariah Indonesia Tbk.

                                 External Concurrent Positions:
                                 Does not hold any positions in other public companies.




                                                                                   PT Bank Syariah Indonesia Tbk
                                                                                            2024 Annual Report
                                                                                                                   93
Page 96
COMPANY
PROFILE




                                                 Tribuana Tunggadewi

                                                 Director of Compliance & Human Capital




                                         Educational Background
        Indonesian Citizen               • Bachelor of Law from University of Indonesia (1990).
                                         • Notary Specialist from Airlangga University Surabaya (1993).
                                         • Master of Business Law from University of Indonesia (2002).
        Born in Jakarta,
        in 1967. Age 57 years old
        as of December 2024.             Certification
                                         Risk Management Certification Level 7

        Domiciled in
        Jakarta, Indonesia               Work Experience
                                         • Director of Compliance & Human Capital PT Bank Syariah Indonesia Tbk
                                           (2021-present).
        Appointment History              • Director of Compliance & Risk, PT Bank BNI Syariah (2017-2021).
        Appointed for the first time     • Senior Executive Vice President (SEVP) Risk & Communication, PT Bank BNI
        as Director of Compliance          Syariah (2017).
        & Human Capital through          • Senior Executive Vice President (SEVP) Risk & Compliance, PT Bank BNI Syariah
        the EGMS on December 15,           (2015-2017).
        2020 and effectively served      • Senior Vice President (SVP) Corporate Secretary, PT Bank Negara Indonesia
        on February 1, 2021. Then          (Persero) Tbk (2011–2015).
        reappointed at the Annual GMS    • Vice President (VP) Deputy Leader 2 of GCG Division and Corporate Secretary
        on May 17, 2024.                   Board Bureau, PT Bank Negara Indonesia (Persero) Tbk (2009–2011).

                                         Concurrent Positions
        Term of Office
                                         Internal Concurrent Positions:
        • 2021 - 2024 (First Period).
                                         • Vice Chairman of Policy & Procedure Committee at PT Bank Syariah Indonesia
        • 2024 - 2027 (Second Period).
                                            Tbk.
                                         • Vice Chairman of Human Resources Committee at PT Bank Syariah Indonesia Tbk.
        Share Ownership                  • Member of Risk Management Committee at PT Bank Syariah Indonesia Tbk.
        PT Bank Syariah Indonesia Tbk:   • Member of IT Committee at PT Bank Syariah Indonesia Tbk.
        2.280.100 lembar saham           • Member of Business Committee at PT Bank Syariah Indonesia Tbk.
                                         • Member of Asset & Liability Committee at PT Bank Syariah Indonesia Tbk.
                                         • Member of Crisis Management Committee at PT Bank Syariah Indonesia Tbk.

                                         External Concurrent Positions:
                                         Does not hold any positions in other public companies.




     PT Bank Syariah Indonesia Tbk
94   2024 Annual Report
Page 97
                                         Anton Sukarna

                                         Director of Sales & Distribution




                                 Educational Background
Indonesian Citizen               • Bachelor of Socio-Economics of Animal Husbandry from Bogor Agricultural
                                   Institute (1994).
                                 • Master of Small and Medium Industry Development from Bogor Agricultural
Born in Bandung,                   Institute (2023).
in 1970. Age 54 years old
as of December 2024.
                                 Certification
                                 Risk Management Certification Level 7
Domiciled in
Depok, Indonesia
                                 Work Experience
                                 • Sales & Distribution Director of PT Bank Syariah Indonesia Tbk (2021-present).
Appointment History              • Distribution & Sales Director, PT Bank Syariah Mandiri (2020-2021).
Appointed for the first          • SEVP Distribution & Sales, PT Bank Syariah Mandiri (2019).
time as Director of Sales &      • Regional Head-Region III/Jakarta, PT Bank Syariah Mandiri (2018-2019).
Distribution through the EGMS    • Regional Head-Region VII/Eastern Indonesia, PT Bank Syariah Mandiri (2016-
on December 15, 2020 and           2018).
effectively served on February   • Regional Head-Region VII/Eastern Indonesia, PT Bank Syariah Mandiri (2016-
1, 2021. Then reappointed at       2018).
the Annual GMS on May 17,        • Group Head Commercial Banking Group, PT Bank Syariah Mandiri (2012-2016).
2024.
                                 Concurrent Positions
                                 Internal Concurrent Positions:
Term of Office
                                 • Member of the Risk Management Committee at PT Bank Syariah Indonesia Tbk.
• 2021 - 2024 (First Period).
                                 • Member of the Business Committee at PT Bank Syariah Indonesia Tbk.
• 2024 - 2027 (Second Period).
                                 • Member of the Human Resources Committee at PT Bank Syariah Indonesia Tbk.
                                 • Member of the Assets and Liabilities Committee at PT Bank Syariah Indonesia Tbk.
Share Ownership                  • Member of the Crisis Management Committee at PT Bank Syariah Indonesia Tbk.
PT Bank Syariah Indonesia Tbk:
                                 External Concurrent Positions:
2,280,100 shares
                                 Does not hold any positions in other public companies.




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                                                 Ade Cahyo Nugroho

                                                 Director of Finance & Strategy




                                         Educational Background
        Indonesian Citizen               • Bachelor of Accounting from University of Indonesia (2003).
                                         • Master in Business Administration from Rotterdam School of Management, Erasmus
                                           University Netherlands (2011).
        Born in Jakarta,
        in 1978. Age 46 years old
        as of December 2024.             Certification
                                         Banking Risk Management Level 7

        Domiciled in
        South Jakarta, Indonesia         Work Experience
                                         • Director of Finance & Strategy, PT Bank Syariah Indonesia Tbk (2021-present).
                                         • Director of Finance, Strategy & Treasury, PT Bank Syariah Mandiri (2018-2021).
        Appointment History              • Director of Finance & Strategy, PT Bank Syariah Mandiri (2017-2018).
        Appointed for the first time     • Senior Executive Vice President (SEVP) Finance & Strategy, PT Bank Syariah Mandiri
        as Director of Finance &           (2016-2017).
        Strategy through the EGMS        • Director of Finance & Strategy, PT Mandiri Tunas Finance (2015-2016).
        on December 15, 2020 and         • Senior Executive Vice President (SEVP)/Deputy Director, PT Mandiri Tunas Finance
        effectively served on February     (2014-2015).
        1, 2021. Then reappointed at
        the Annual GMS on May 17,        Concurrent Positions
        2024.                            Internal Concurrent Positions:
                                         • Deputy Chairman of the Risk Management Committee at
                                            PT Bank Syariah Indonesia Tbk.
        Term of Office
                                         • Member of the IT Committee at PT Bank Syariah Indonesia Tbk.
        • 2021 - 2024 (First Period).
                                         • Member of the Policy & Procedure Committee at PT Bank Syariah Indonesia Tbk.
        • 2024 - 2027 (Second Period).
                                         • Member of the Human Resources Committee at PT Bank Syariah Indonesia Tbk.
                                         • Member of the Assets & Liabilities Committee at PT Bank Syariah Indonesia Tbk.
        Share Ownership                  • Member of the Crisis Management Committee at PT Bank Syariah Indonesia Tbk.
        PT Bank Syariah Indonesia Tbk:
        2,280,100 shares                 External Concurrent Positions:
                                         Does not hold any positions in other public companies.




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                                         Zaidan Novari

                                         Director of Wholesale Transaction Banking




                                 Educational Background
Indonesian Citizen               • Bachelor of Economics & Development Studies from Sriwijaya University Palembang
                                   (1991).
                                 • Master of Financial Management from Gadjah Mada University Yogyakarta (1999).
Born in Palembang,
in 1967. Age 57 years old
as of December 2024.             Certification
                                 Banking Risk Management Level 7

Domiciled in
South Tangerang, Indonesia       Work Experience
                                 • Director of Wholesale Transaction Banking, PT Bank Syariah Indonesia Tbk
                                   (2022-present).
Appointment History              • Senior Vice President Commercial Banking 3, PT Bank Mandiri (Persero) Tbk (2017-
Appointed for the first time       2022).
as Director of Wholesale         • Vice President of PT Bank Mandiri (Persero) Tbk (2012-2017).
Transaction Banking through      • Senior Account Manager of PT Bank Mandiri (Persero) Tbk (2008-2012).
the AGM on May 27, 2022 and
received an effective decision   Concurrent Positions
from the OJK on January 31,      Internal Concurrent Positions:
2023.                            • Member of the Risk Management Committee at PT Bank Syariah Indonesia Tbk.
                                 • Member of the Business Committee at PT Bank Syariah Indonesia Tbk.
                                 • Member of the Assets & Liabilities Committee at PT Bank Syariah Indonesia Tbk.
Term of Office
2022 – 2025 (First Period).      External Concurrent Positions:
                                 Does not hold any positions in other public companies.

Share Ownership
PT Bank Syariah Indonesia Tbk:
1,071,400 shares




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                                                 Saladin Dharmanugraha Effendi

                                                 Director of Information Technology




                                         Educational Background
        Indonesian Citizen               Bachelor of Engineering, Mechanical Engineering from Swinburne University of
                                         Technology Melbourne Australia (1999).

        Born in Jakarta,                 Certification
        in 1974. Age 50 years old
        as of December 2024.             • Chief Information Security Officer (CISO), Carnegie Mellon University (2022).
                                         • Chief Data Officer (CDO), Carnegie Mellon University (2023).
                                         • Level 7 Risk Management, Islamic Finance Professional Certification Institute
        Domiciled in
                                           (2024).
        South Jakarta, Indonesia

                                         Work Experience
        Appointment History              • Director of Information Technology Information PT Bank Syariah Indonesia Tbk
        Appointed for the first time       (2023-present).
        as Director of Information       • Group Head Chief Information Security Officer, PT Bank Mandiri (Persero) Tbk
        Technology through the GMS         (2018-2023).
        on May 22, 2023 and received     • Head of IT Division, PT Bank Muamalat Indonesia Tbk (2014-2018).
        an effective decision from the   • Head of Information Technology, Senior Vice President (SVP), HSBC Indonesia
        OJK on September 21, 2023.         (2006-2014).
                                         • Head of Competence (HoC), PT Bank Mandiri (Persero) Tbk (2003-2006).
                                         • Information Technology Consultant, PT Astra Graphia Information
        Term of Office
        2023 - 2026 (First Period).      Concurrent Positions
                                         Internal Concurrent Positions:
        Share Ownership                  • Deputy Chairman of the IT Committee at PT Bank Syariah Indonesia Tbk.
                                         • Deputy Chairman of the Crisis Management Committee at PT Bank Syariah
        PT Bank Syariah Indonesia Tbk:
                                            Indonesia Tbk.
        343,100 shares
                                         • Member of the Risk Management Committee at PT Bank Syariah Indonesia Tbk.
                                         • Member of the Policy & Procedure Committee at PT Bank Syariah Indonesia Tbk.

                                         External Concurrent Positions:
                                         Does not hold any positions in other public companies.




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                                          Grandhis Helmi Harumansyah

                                          Director of Risk Management




                                  Educational Background
Indonesian Citizen
                                  • Bachelor of Industrial Engineering from University of Indonesia (2003).
                                  • Master of Business Administration-Strategic Management from Washington
                                    University St. Louis (2013).
Born in Ngawi,
in 1981. Age 43 years old
as of December 2024.              Certification
                                  Banking Risk Management Level 7
Domiciled in
West Java, Indonesia              Work Experience
                                  • Director of Information Risk Management PT Bank Syariah Indonesia Tbk
                                    (2023-present).
Appointment History               •
Appointed for the first time as   • Group Head Commercial Risk 1 PT Bank Mandiri (Persero) Tbk (2020-2023).
Director of Risk Management       • Head of Business Development PT Bank Mandiri (Persero) Tbk, Singapore (BMSG)
through the AGM on May 22,          (2016-2019).
2023 and received an effective    • Department Head Sector Sea Port & Transportation, Corporate Banking II & IV
decision from the OJK on            Group PT Bank Mandiri (Persero) Tbk (2015–2016).
September 21, 2023                • Department Head Sector Energy, Corporate Banking V Group PT Bank Mandiri
                                    (Persero) Tbk (2015).

Term of Office
                                  Concurrent Positions
2023 - 2026 (First Period).
                                  Internal Concurrent Positions:
                                  • Chairman of the Risk Management Committee at PT Bank Syariah Indonesia Tbk.
Share Ownership                   • Chairman of the Policy & Procedure Committee at PT Bank Syariah Indonesia Tbk.
PT Bank Syariah Indonesia Tbk:    • Member of the IT Committee at PT Bank Syariah Indonesia Tbk.
343,100 shares                    • Member of the Business Committee at PT Bank Syariah Indonesia Tbk.
                                  • Member of the Human Resources Committee at PT Bank Syariah Indonesia Tbk.
                                  • Member of the Assets & Liabilities Committee at PT Bank Syariah Indonesia Tbk.
                                  • Member of the Crisis Management Committee at PT Bank Syariah Indonesia Tbk.

                                  External Concurrent Positions:
                                  Does not hold any positions in other public companies.




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                                                 Harry Gusti Utama

                                                 Director of Retail Banking




                                         Educational Background
        Indonesian Citizen               • Bachelor of Economics from the Islamic University of Indonesia (1991).
                                         • Master of Agribusiness Management from the Bogor Agricultural Institute (1999).

        Born in Palembang,               Certification
        in 1968. Age 56 years old
        as of December 2024.             Banking Risk Management Level 7

                                         Work Experience
        Domiciled in
        Malang, Indonesia                • Retail Banking Director of PT Bank Syariah Indonesia Tbk (2024-present).
                                         • Division Head Wholesale Credit Risk Analyst, PT Bank BRI (Persero) Tbk (2021-
                                           2024).
        Appointment History              • Head of Internal Audit for Yogyakarta Region of PT Bank BRI (Persero) Tbk
        Appointed for the first time       (2020-2021).
        as Director of Retail Banking    • Commissioner of PT Bringin Sejahtera Makmur (2020-2022).
        through the AGM on May 17,       • Head of Pekanbaru Region of PT Bank BRI (Persero) Tbk (2019-2020).
        2024 and received an effective   • President Commissioner of PT Bringin Sejahtera Makmur (2018-2020).
        Decision from the OJK on         • Head of Corporate Business Division of PT Bank BRI (Persero) Tbk (2018-2019).
        October 8, 2024.
                                         Concurrent Positions
                                         Internal Concurrent Positions:
        Term of Office
                                         • Risk Management Committee of PT Bank Syariah Indonesia Tbk
        2024 – 2027 (First Period).
                                         • Business Committee of PT Bank Syariah Indonesia Tbk
                                         • Asset and Liability Committee of PT Bank Syariah Indonesia Tbk
        Share Ownership
                                         External Concurrent Positions:
        Do not have
                                         Does not hold any positions in other public companies.




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                                         Ari Rizaldi

                                         Director of Treasury & International Banking




                                 Educational Background
Indonesian Citizen
                                 Bachelor of Accounting Economics from Andalas University Padang (1995).


Born in Sanggau,                 Certification
in 1970. Age 54 years old        Banking Risk Management Level 7
as of December 2024.

                                 Work Experience
Domiciled in                     • Director of Treasury & International Banking PT Bank Syariah Indonesia Tbk
West Jakarta, Indonesia
                                   (2024-present).
                                 • Group Head Treasury PT Bank Mandiri (Persero) Tbk (2020-2024).
                                 • Definitive Deputy Group Head Treasury PT Bank Mandiri (Persero) Tbk (2020-
Appointment History                2020).
Appointed for the first time     • Acting Deputy Group Head Treasury PT Bank Mandiri (Persero) Tbk (2019-2019).
as Director of Treasury &        • Dept. Head Strategic Banking Book PT Bank Mandiri (Persero) Tbk (2015-2019).
International Banking through    • Acting Dept. Head Strategic Banking Book PT Bank Mandiri (Persero) Tbk
the AGM on May 17, 2024 and        (2015-2015).
received an effective Decree     • Chief Dealer Retail Marketing Jakarta PT Bank Mandiri (Persero) Tbk (2013-2015).
from the OJK on October 8,
2024.
                                 Concurrent Positions
                                 Internal Concurrent Positions:
Term of Office                   • Risk Management Committee of PT Bank Syariah Indonesia Tbk
2024 – 2027 (First Period).      • Asset and Liability Committee of PT Bank Syariah Indonesia Tbk

                                 External Concurrent Positions:
Share Ownership                  Does not hold any positions in other public companies.
PT Bank Syariah Indonesia Tbk:
13,400 shares




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                                                  Ngatari*

                                                  Director of Retail Banking




                                          Educational Background
        Indonesian Citizen                Bachelor of Agricultural Science, Field of Study Agriculture/Agricultural Product
                                          Processing, from Brawijaya University Malang (1990).

        Born in Mojokerto,                Certification
        in 1965. Age 59 years old
        as of December 2024.              -

                                          Work Experience
        Domiciled in
        South Jakarta, Indonesia          • Retail Banking Director of PT Bank Syariah Indonesia Tbk (2022-2024).
                                          • Deputy President Director 1 of PT Bank Syariah Indonesia Tbk (2021-2022).
                                          • President Director, PT Bank BRIsyariah Tbk (2019-2021).
        Appointment History               • Regional Head, PT Bank Rakyat Indonesia (Persero) Tbk Bandung (2018-2019).
        Appointed for the first time      • Regional Head, PT Bank Rakyat Indonesia (Persero) Tbk Jakarta 1 (2017-2018).
        as Deputy President Director      • Regional Head, PT Bank Rakyat Indonesia (Persero) Tbk Makassar (2016-2017).
        1 through the EGMS on
        December 15, 2020 and             Concurrent Positions
        effectively served on February    Does not hold multiple positions either as a member of the Board of Commissioners,
        1, 2021. Accepted the transfer    a member of the Board of Directors, and/or a member of a committee, as well as
        of duties to Director of Retail   other positions, whether within or outside the Issuer or Public Company.
        Banking through the EGMS on
        May 27, 2022.


        Term of Office
        2021 - 2024 (First Period).


        Share Ownership
        Do not have




                                                                                              *Resigned office on May 17 2024




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                                         Moh. Adib*

                                         Director of Treasury & International Banking




                                 Educational Background
Indonesian Citizen
                                 • Bachelor of Agronomy from Bogor Agricultural University (1989).
                                 • Master of Agribusiness Management from Padjajaran University (2000).
Born in Sidoarjo,
in 1965. Age 59 years old        Certification
as of December 2024.
                                 -


Domiciled in                     Work Experience
South Jakarta, Indonesia
                                 • Director of Treasury & International Banking PT Bank Syariah Indonesia Tbk
                                   (2022-present).
                                 • Director of PT BRI Danareksa Sekuritas (2021-2022).
Appointment History              • Senior Executive Vice President (SEVP) Retail Capital Market PT BRI Danareksa
Appointed for the first time       Sekuritas (2019-2021).
as Director of Treasury &        • Head of Treasury Business Division PT Bank Rakyat Indonesia (Persero) Tbk (2018-
International Banking through      2019).
the AGM on May 27, 2022 and      • Deputy Head of Treasury Business Division PT Bank Rakyat Indonesia (Persero) Tbk
received an effective decision     (2015-2018).
from the OJK on September 22,    • Head of Credit Line Management Section of International Business Division PT
2022.                              Bank Rakyat Indonesia (Persero) Tbk (2012-2015).

                                 Concurrent Positions
Term of Office
2022 - 2024 (First Period).      Does not hold multiple positions either as a member of the Board of Commissioners,
                                 a member of the Board of Directors, and/or a member of a committee, as well as
                                 other positions, whether within or outside the Issuer or Public Company.
Share Ownership
Do not have




                                                                                   *Resigned office on May 17 2024




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Affiliate Relationship of Board of Directors Members

Tabel Hubungan Afiliasi Direksi

                                                           Financial, Family and Board of Directors Relationships


                                                   Financial Relationship With                     Family Relationship With
                                                                                                                                         Management
       Name
                                             board of       Board of      Controlling    board of          Board of       Controlling     Relations
                          Position
                                           Commissioners    Directors    Shareholders* Commissioners       Directors     Shareholders*


                                           Yes     No      Yes    No      Yes    No      Yes      No     Yes        No   Yes     No      Yes    No

                      President
 Hery Gunardi                                      √               √              √               √                 √            √              √
                      Director

 Bob Tyasika          Vice President
                                                   √               √              √               √                 √            √              √
 Ananta               Director

                      Director of
 Ade Cahyo
                      Finance &                    √               √              √               √                 √            √              √
 Nugroho
                      Strategy

                      Director of Sales
 Anton Sukarna                                     √               √              √               √                 √            √              √
                      & Distribution

                      Director of
 Tribuana
                      Compliance &                 √               √              √               √                 √            √              √
 Tunggadewi
                      Human Capital

                      Director of
                      Wholesale
 Zaidan Novari                                     √               √              √               √                 √            √              √
                      Transaction
                      Banking

 Saladin              Director of
 Dharmanugraha        Information                  √               √              √               √                 √            √              √
 Effendi              Technology

 Grandhis Helmi       Director of Risk
                                                   √               √              √               √                 √            √              √
 Harumansyah          Management

                      Director of
                      Treasury &
 Ari Rizaldi                                       √               √              √               √                 √            √              √
                      International
                      Banking

 Harry Gusti          Director of Retail
                                                   √               √              √               √                 √            √              √
 Utama                Banking

*direct or indirect




Education and / or Training for the Board of Directors

The description of the education and/or training of the Board of Directors during the fiscal year is presented in the Corporate Governance
Chapter




Information on Changes in the Composition of Board of Directors and the Reasons for
the Change

During 2024, there were changes in the composition of the Board of Directors. These changes were made based on the needs of the
Bank. The changes in the composition of the Board of Directors are explained below




       PT Bank Syariah Indonesia Tbk
104 2024 Annual Report
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Composition of the Board of Directors
Before the 2024 Annual General Meeting of Shareholders

The composition of the Board of Directors before the Annual                Director, 1 (one) Vice President Director, and 8 (eight) Directors.
General Meeting of Shareholders (AGMS) on May 17, 2024,                    The composition and the basis of the appointment of the Board
consisted of 10 (ten) members, comprising 1 (one) President                of Directors can be found in the table below.


Table of Composition and Basis of Appointment of the Board of Directors
Before the 2024 Annual General Meeting of Shareholders

              Name                        Position              Executor                Basis of Appointment               Effective Date

 Hery Gunardi                   President Director                OJK          Extraordinary GMS on December 15, 2020      February 1, 2021

                                                                                                                            September 23,
 Bob Tyasika Ananta             Vice President Director           OJK          Annual GMS on May 27, 2022
                                                                                                                                2022

 Ngatari                        Director of Retail Banking        OJK          Extraordinary GMS on December 15, 2020      February 1, 2021

                                Director of Compliance &
 Tribuana Tunggadewi                                              OJK          Extraordinary GMS on December 15, 2020      February 1, 2021
                                Human Capital

                                Director of Sales &
 Anton Sukarna                                                    OJK          Extraordinary GMS on December 15, 2020      February 1, 2021
                                Distribution

                                Director of Finance &
 Ade Cahyo Nugroho                                                OJK          Extraordinary GMS on December 15, 2020      February 1, 2021
                                Strategy

                                Director of Wholesale
 Zaidan Novari                                                    OJK          Annual GMS on May 27, 2022                  January 31, 2023
                                Transaction Banking

                                Director of Treasury &                                                                      September 22,
 Moh. Adib                                                        OJK          Annual GMS on May 27, 2022
                                International Banking                                                                           2022

 Saladin Dharmanugraha          Director of Information                                                                     September 21,
                                                                  OJK          Annual GMS on May 22, 2023
 Effendi                        Technology                                                                                      2023

 Grandhis Helmi                 Director of Risk                                                                            September 21,
                                                                  OJK          Annual GMS on May 22, 2023
 Harumansyah                    Management                                                                                      2023


Composition of the Board of Directors
After the 2024 Annual General Meeting of Shareholders

On May 17, 2024, the Annual General Meeting of Shareholders                2. Reappointed for a second term:
(AGMS) decided the following decision:                                         a.   Hery Gunardi as President Director;
1. Honorably dismissed                                                         b. Tribuana Tunggadewi as Director of Compliance &
    a.     Hery Gunardi as President Director;                                      Human Capital;
    b. Ngatari as Director of Retail Banking;                                  c.   Ade Cahyo Nugroho as Director of Finance & Strategy;
    c.     Tribuana Tunggadewi as Director of Compliance &                     d. Anton Sukarna as Director of Sales & Distribution;
           Human Capital;
    d. Ade Cahyo Nugroho as Director of Finance & Strategy;                3. Appointed:
    e.     Anton Sukarna as Director of Sales & Distribution;                  a.   Harry Gusti Utama as Director of Retail Banking;
    f.     Moh Adib as Director of Treasury & International                    b. Ari Rizaldi as Director of Treasury & International
           Banking;                                                                 Banking;




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As a result, the composition of the Board of Directors after the        Director, 1 (one) Vice President Director, and 8 (eight) Directors.
Annual General Meeting of Shareholders (AGMS) on May 17,                The composition and the basis of the appointment of the Board
2024, consists of 10 (ten) members, comprising 1 (one) President        of Directors can be found in the table below


Table of Composition and Basis of Appointment of the Board of Directors
After the 2024 Annual General Meeting of Shareholders

               Name                      Position            Executor                Basis of Appointment               Effective Date

                                                                            - Extraordinary GMS on December 15,
 Hery Gunardi                  President director              OJK            2020                                      February 1, 2021
                                                                            - Annual GMS on May 17, 2024

                                                                                                                         September 23,
 Bob Tyasika Ananta            Vice President Director         OJK          Annual GMS on May 27, 2022
                                                                                                                             2022

                                                                            - Extraordinary GMS on December 15,
                               Director of Compliance &
 Tribuana Tunggadewi                                           OJK            2020                                      February 1, 2021
                               Human Capital
                                                                            - Annual GMS on May 17, 2024

                                                                            - Extraordinary GMS on December 15,
                               Director of Sales &
 Anton Sukarna                                                 OJK            2020                                      February 1, 2021
                               Distribution
                                                                            - Annual GMS on May 17, 2024

                                                                            - Extraordinary GMS on December 15,
                               Director of Finance &
 Ade Cahyo Nugroho                                             OJK            2020                                      February 1, 2021
                               Strategy
                                                                            - Annual GMS on May 17, 2024

                               Director of Wholesale
 Zaidan Novari                                                 OJK          Annual GMS on May 27, 2022                  January 31, 2023
                               Transaction Banking

 Saladin Dharmanugraha         Director of Information                                                                   September 21,
                                                               OJK          Annual GMS on May 22, 2023
 Effendi                       Technology                                                                                    2023

 Grandhis Helmi                                                                                                          September 21,
                               Director of Risk Management     OJK          Annual GMS on May 22, 2023
 Harumansyah                                                                                                                 2023

 Harry Gusti Utama             Director of Retail Banking      OJK          Annual GMS on May 17, 2024                  October 8, 2024

                               Director of Treasury &
 Ari Rizaldi                                                   OJK          Annual GMS on May 17, 2024                  October 8, 2024
                               International Banking




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Board of Commissioners
Profile




                                           Muliaman Dharmansyah Hadad

                                           President Commissioner concurrently Independent




                                   Educational Background
  Indonesian Citizen               • Bachelor of Economics, Development Studies from the University of Indonesia (1984).
                                   • Master of Public Administration from Harvard University Massachusetts (1990).
                                   • Doctor of Philosophy, Monash University Melbourne (1996).

  Born in Bekasi, i
  n 1960. Age 64 years old         Certification
  as of December 2024.
                                   Banking Risk Management Level 7


  Domiciled in                     Work Experience
  Jakarta, Indonesia
                                   • Head of Daya Anagata Nusantara Investment Management Agency (DANANTARA) in the
                                     Red and White Cabinet (2024).
                                   • Chairman of the Board of Trustees (MWA) of Sebelas Maret State University, Surakarta
                                     (UNS) (2024-Present).
  Appointment History              • Independent Commissioner, PT Astra International Tbk (2023-Present).
  Appointed for the first time     • President Commissioner of PT Bank Syariah Indonesia Tbk (2023-Present).
                                   • Indonesian Ambassador to Switzerland and Liechtenstein, Embassy of the Republic of
  as President Commissioner          Indonesia (2018-2023).
  concurrently Independent         • Professor of the Faculty of Economics & Business (FEB) Diponegoro University, Semarang,
  through the GMS on May 22,         (2017-Present).
                                   • Chairman of the Board of Trustees (MWA) Diponegoro University (UNDIP) (2016-2021).
  2023 and received an effective   • Chairman of OJK, Financial Services Authority (2012-2017).
  decision from the OJK on         • Deputy Governor of Bank Indonesia (BI) (2011-2012).
  September 21, 2023.              • Alternate Member of the Islamic Financial Stability Board (IFSB) (2007-2012).
                                   • Member of the Basel Committee and Banking Supervision (BCBS) and the Financial
                                     Stability Board (FSB) (2006-2017).
                                   • Member of the Board of Commissioners of the Deposit Insurance Corporation (LPS)
  Term of Office                     (2006-2012).
                                   • Deputy Governor of Bank Indonesia (BI) (2006-2011).
  2023 - 2026 (First Period).      • Director of the Directorate of Banking Research and Regulation (2005-2006).
                                   • Head of the Financial System Stability Bureau of Bank Indonesia (BI) (2003-2005).

  Share Ownership
                                   Concurrent Positions
  Do not have
                                   Internal Concurrent Positions:
                                   • Member of Audit Committee at PT Bank Syariah Indonesia Tbk.
                                   • Member of Remuneration & Nomination Committee at PT Bank Syariah Indonesia Tbk.
                                   • Member of Risk Monitoring Committee at PT Bank Syariah Indonesia Tbk.
                                   External Concurrent Positions:
                                   • Chairman of the Board of Trustees (MWA) of Sebelas Maret State University, Surakarta (UNS)
                                     (2024-Present).
                                   • Head of Badan Pengelola Investasi Dana Anagata Nusantara (DANANTARA) in Kabinet
                                     Merah Putih (2024).
                                   • Independent Commissioner of PT Astra International Tbk (2023-present).
                                   • Professor of the Faculty of Economics & Business (FEB) Diponegoro University, Semarang,
                                     (2017-Present).




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PROFILE




                                                   Adiwarman Azwar Karim

                                                   Deputy Commissioner concurrently Independent




                                           Educational Background
        Indonesian Citizen                 • Agricultural Economic Engineer from Bogor Agricultural University (1986).
                                           • Bachelor of Economics from University of Indonesia (1989).
                                           • Master of Business Administration from European University, Belgium (1990).
        Born in Jakarta,                   • Master of Economics and Economic Policy from Boston University, United State of
        in 1963. Age 61 years old            America (1992).
        as of December 2024.
                                           Certification
        Domiciled in                       Banking Risk Management Level 5
        Jakarta, Indonesia
                                           Work Experience
                                           • Deputy President Commissioner and Independent Commissioner of PT Bank
        Appointment History
                                             Syariah Indonesia Tbk (2023-Present).
        Appointed for the first time       • President Commissioner of PT Bank Syariah Indonesia Tbk (2021-2023).
        as President Commissioner          • Advisory Board of Muslim Excellent Center Unilever Indonesia (2020-2022).
        concurrently as Independent        • Chairman of the Sharia Supervisory Board of PT Manulife Aset Manajemen
        through the EGMS on August           Indonesia (2020-2022).
        24, 2021 and received an           • Chairman of the Sharia Supervisory Board of PT Sarana Multi Infrastruktur
        effective decision from the OJK      (2018-2020).
        on February 7, 2022. Accepted      • Founder of KARIM Consulting Indonesia (2013-2022).
        the transfer of duties to become   • Independent Commissioner of Bank Sahabat Sampoerna (2012 – 2020).
                                           • Deputy Chairman of the National Sharia Council - Indonesian Ulema Council (DSN-
        Deputy President Commissioner
                                             MUI) (2010-2025).
        concurrently as Independent
                                           • Member of the Sharia Supervisory Board of PT Prudential Life Assurance (2007-
        Commissioner through the             2012).
        AGMS on May 22, 2023. Then         • Member of the Sharia Supervisory Board of BNP Paribas Investment Partners
        reappointed at the 2024 Annual       (formerly Fortis Investments) (2007-2012).
        GMS on May 17, 2024.               • Member of the Sharia Supervisory Board of HSBC Amanah Syariah Indonesia (2003-
                                             2008).
                                           • Member of the Sharia Supervisory Board of PT Great Eastern Lifes (2002-2012).
        Term of Office                     • Member of the Sharia Supervisory Board of PT Bank Danamon Syariah, (2002-
        2021 - 2024 (First Period).          2010).
        2024 – 2027 (Second Period).
                                           Concurrent Positions
                                           Internal Concurrent Positions:
                                           • Member of Audit Committee at PT Bank Syariah Indonesia Tbk.
        Share Ownership
                                           • Member of Remuneration & Nomination Committee at PT Bank Syariah Indonesia
        Do not have                           Tbk.
                                           • Chairperson and Member of Risk Monitoring Committee at PT Bank Syariah
                                              Indonesia Tbk.

                                           External Concurrent Positions:
                                           Does not hold any positions in other public companies.




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                                         Masduki Baidlowi

                                         Commissioner




                                 Educational Background
Indonesian Citizen               • Bachelor of Arabic Literature, Faculty of Adab from IAIN Sunan Ampel Surabaya
                                   (1983).
                                 • Bachelor of Education from Taruna Tarbiyah College, Surabaya (2004).
Born in Bangkalan, i
n 1958. Age 66 years old
as of December 2024.             Certification
                                 Banking Risk Management Level 4

Domiciled in
West Java, Indonesia             Work Experience
                                 • Commissioner of PT Bank Syariah Indonesia Tbk (2021-Present).
                                 • Chairman of the Information and Communication Division of the Indonesian Ulema
Appointment History                Council (MUI) (2020-2025).
Appointed for the first time     • Commissioner of PT Bank Syariah Mandiri (2020-2021).
as Commissioner through          • Chairman of the Information & Communication Division (Vice Presidential
the EGMS on December 15,           Spokesperson) (2019-2024).
2020 and effectively served      • Member of the Indonesian House of Representatives, member of Commission IV for
on February 1, 2021. Then          agriculture and maritime affairs (2007-2009).
reappointed at the 2024 Annual   • Member of Commission I for foreign policy (2007-2007).
GMS on May 17, 2024.             • Member of the Indonesian House of Representatives, Leader of Commission X for
                                   education (2004-2007).
                                 • Expert staff in the field of communication for Commission I (2000-2004).
Term of Office                   • Founder of NU Online (Islamic News and Information Site) PBNU (2000).
• 2021 - 2024 (First Period).    • Deputy Secretary General (Wasekjen) of the Nahdlatul Ulama Executive Board
• 2024 – 2027 (Second Period).     (PBNU), (1999-2021).
                                 • Deputy Editor-in-Chief at Tiras Magazine, (1997-1999).

                                 Concurrent Positions
Share Ownership
PT Bank Syariah Indonesia Tbk:   Internal Concurrent Positions
1,086,400 shares                 • Chairman of the Remuneration & Nomination Committee at PT Bank Syariah
                                    Indonesia Tbk.

                                 External Concurrent Positions:
                                 Head of Information and Communication Division of the Indonesian Ulema Council
                                 (MUI) Leadership Council (2020-2025).




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                                                 Suyanto

                                                 Commissioner




                                         Educational Background
        Indonesian Citizen               • Bachelor of Development Studies from Balikpapan University (1994).
                                         • Master of Defense Strategy of Universal War from Citeureup Defense University
                                           (2011).
        Born in Jakarta,                 • Doctor of Economics-Strategic Management from Trisakti University Jakarta (2020).
        in 1962. Age 62 years old
        as of December 2024.
                                         Certification
                                         Banking Risk Management Level 5
        Domiciled in
        Jakarta, Indonesia
                                         Work Experience
                                         • Commissioner of PT Bank Syariah Indonesia Tbk (2021-Present).
        Appointment History              • Special Staff to the Head of BIN, State Intelligence Agency (2020-2024).
        Appointed for the first time     • President Director of PT Laboratorium EBDC Indonesia (2020-2024).
        as Commissioner through          • Independent Commissioner of PT Bank Syariah Mandiri (2020-2021).
        the EGMS on December 15,         • Middle Agent, at the Expert Staff, Natural Resources and Environment, State
        2020 and effectively served        Intelligence Agency (2019-2020).
        on February 1, 2021. Then        • Expert Staff to the Head of BIN for Natural Resources-Environment, State
        reappointed at the 2024 Annual     Intelligence Agency (2019).
        GMS on May 17, 2024.             • Director for Asia, Middle East, Pacific at Deputy I, State Intelligence Agency (2018).
                                         • Commitment Making Officer for Technology, State Intelligence Agency (2015-
                                           2020).
        Term of Office                   • Head of General Bureau at the Main Secretariat of the State Intelligence Agency
        • 2021 - 2024 (First Period).      (2015-2017).
        • 2024 – 2027 (Second Period).   • Head of Sub-Directorate of Europe II, Sub Directorate of Europe II, Directorate of
                                           Amerop at the Deputy for Foreign Intelligence of the State Intelligence Agency (2014-
                                           2015).
        Share Ownership
                                         • Strategic Analyst Council of the State Intelligence Agency (2012-2014).
        PT Bank Syariah Indonesia Tbk:
        1,086,400 shares
                                         Concurrent Positions
                                         Internal Concurrent Positions:
                                         • Member of the Risk Monitoring Committee at PT Bank Syariah Indonesia Tbk.

                                         External Concurrent Positions:
                                         Does not hold any positions in other public companies.




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                                          Abu Rokhmad

                                          Commissioner




                                  Educational Background
Indonesian Citizen
                                  • Bachelor of Sharia/Islamic Civil Law from Muhammadiyah University of Surabaya
                                    (1999).
                                  • Master of Religion from Muhammadiyah University of Malang (2001).
Born in Jepara,
in 1976. Age 48 years old         • Doctor of Law from Diponegoro University of Semarang (2010).
as of December 2024.
                                  Certification

Domiciled in                      Banking Risk Management Level 4
Jakarta, Indonesia
                                  Work Experience
                                  • Commissioner of PT Bank Syariah Indonesia Tbk (2023-Present).
Appointment History               • Acting Secretary General of the Ministry of Religious Affairs (2024).
Appointed for the first time as   • Acting Director General (Dirjen) of Islamic Education (Pendis) of the Ministry of
Commissioner through the GMS        Religious Affairs (2024-present).
on May 22, 2023 and received      • Acting Rector of UIN Sultan Thaha Saefuddin Jambi (2023).
an effective decision from the    • Acting Rector of UIN North Sumatra Medan, Ministry of Religious Affairs (2022-
OJK on September 21, 2023.          2023).
                                  • Expert Staff of the Minister of Religious Affairs for Law and Human Rights, Ministry
                                    of Religious Affairs (2021-2024).
Term of Office                    • Acting Head of the Research and Development and Training Agency, Ministry of
2023 – 2026 (First Period).         Religious Affairs of the Republic of Indonesia (2021-2022).
                                  • Deputy Dean for Administration and General Affairs, Planning and Finance, FISIP
                                    UIN Walisongo (2016-2019).
Share Ownership                   • Deputy Dean for Academic Affairs, Faculty of Da'wah and Communication, UIN
PT Bank Syariah Indonesia Tbk:      Walisongo (2015-2016).
163,500 shares                    • Secretary, Islamic Studies Masters Program, Postgraduate Program, IAIN Walisongo
                                    (2011-2013).
                                  • Head of Astronomy Masters Program, Postgraduate Program, IAIN Walisongo
                                    (2011).
                                  • Head of Religious Extension Special Program (PKPA), Faculty of Da'wah, IAIN
                                    Walisongo (2009-2010).
                                  • Lecturer and Professor, UIN Walisongo (2002-2021).

                                  Concurrent Positions
                                  Internal Concurrent Positions:
                                  • Member of the Risk Monitoring Committee at PT Bank Syariah Indonesia Tbk.

                                  External Concurrent Positions:
                                  Acting Director General (Dirjen) of Islamic Education (Pendis) Ministry of Religion
                                  (2024-present).




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                                                 Fauzi

                                                 Commissioner




                                         Educational Background
        Indonesian Citizen               Bachelor of Economics from Andalas University Padang (1992).

                                         Certification
        Born in Bonjol,
        in 1967. Age 57 years old        Banking Risk Management Level 6
        as of December 2024.
                                         Work Experience

        Domiciled in                     • Commissioner of PT Bank Syariah Indonesia Tbk (2024-Present).
        Bekasi, Indonesia                • SEVP Operations of PT Bank Negara Indonesia (Persero) Tbk (2021-2024).
                                         • Head of Internal Audit Unit of PT Bank Negara Indonesia (Persero) Tbk (2019-
                                           2021).
        Appointment History              • Head of Network Management Division of PT Bank Negara Indonesia (Persero) Tbk
        Appointed for the first time       (2018-2019).
        as Commissioner through the      • Head of Bandung Regional Office of PT Bank Negara Indonesia (Persero) Tbk
        GMS on May 17, 2024 and            (2016-2018).
        received a Decision from the     • Head of Operations Division of PT Bank Negara Indonesia (Persero) Tbk (2014-
        OJK on December 10, 2024.          2016).
                                         • Deputy Head of 3 Operations Division of PT Bank Negara Indonesia (Persero) Tbk
                                           (2010-2014).
        Term of Office                   • Head of Bekasi Main Branch Office of PT Bank Negara Indonesia (Persero) Tbk
        2024 – 2027 (First Period).        (2009-2010).
                                         • Head of Network Development Group, Network Management Division,
                                           PT Bank Negara Indonesia (Persero) Tbk (2005-2009).
        Share Ownership                  • Sub Project Manager, Branch Operation Restructuring, PT Bank Negara Indonesia
        PT Bank Syariah Indonesia Tbk:     (Persero) Tbk (2005-2007).
        115,000 shares
                                         Concurrent Positions
                                         Internal Concurrent Positions:
                                         • Member of the Risk Monitoring Committee at PT Bank Syariah Indonesia Tbk.

                                         External Concurrent Positions:
                                         Does not hold any positions in other public companies.




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                                         Nazaruddin

                                         Commissioner




                                 Educational Background
Indonesian Citizen               Bachelor of Management from Syiah Kuala University Banda Aceh (1993).

                                 Certification
Born in Sigli,
                                 Banking Risk Management Level 6
in 1968. Age 56 years old
as of December 2024.
                                 Work Experience
                                 • Commissioner of PT Bank Syariah Indonesia Tbk (2024-present).
Domiciled in                     • Regional CEO BRI Jakarta III PT Bank Rakyat Indonesia (Persero) Tbk (2022-2024).
Jakarta, Indonesia
                                 • Regional CEO BRI Banjarmasin PT Bank Rakyat Indonesia (Persero) Tbk (2021-
                                   2022).
                                 • Deputy Regional Leader for Micro Business RO BRI Semarang PT Bank Rakyat
Appointment History                Indonesia (Persero) Tbk (2020-2021).
Appointed for the first time     • Acting Deputy Regional Leader for Retail Business RO BRI Makassar PT Bank
as Commissioner through            Rakyat Indonesia (Persero) Tbk (2018-2020).
the GMS on May 17, 2024          • Head of Bandung KC Branch Dewi Sartika PT Bank Rakyat Indonesia (Persero) Tbk
and effectively took office on     (2016-2018).
December 10, 2024.               • Head of Medan KC Branch Iskandar Muda PT Bank Rakyat Indonesia (Persero) Tbk
                                   (2014-2016).
                                 • Head of Banda Aceh Branch Cut Mutia PT Bank Rakyat Indonesia (Persero) Tbk
Term of Office                     (2013-2014).
2024 – 2027 (First Period).      • Head of Tabanan Branch Office of PT Bank Rakyat Indonesia (Persero) Tbk
                                   (2009-2013).
                                 • Head of Curup Branch Office of PT Bank Rakyat Indonesia (Persero) Tbk (2007-
Share Ownership                    2009).
Do not have                      • Head of Sigli Branch Office of PT Bank Rakyat Indonesia (Persero) Tbk (2003-2007).

                                 Concurrent Positions
                                 Internal Concurrent Positions:
                                 • Member of the Risk Monitoring Committee at PT Bank Syariah Indonesia Tbk.

                                 External Concurrent Positions:
                                 Does not hold any positions in other public companies.




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                                                  Komaruddin Hidayat

                                                  Independent Commissioner




                                          Educational Background
        Indonesian Citizen                • Bachelor of Ushuluddin from IAIN Jakarta (1981).
                                          • Master of Philosophy from Middle East Technical University Ankara Turkey (1986).
                                          • Doctor of Philosophy from Middle East Technical University Ankara Turkey (1990).
        Born in Magelang,                 • Post-Doctorate Research Program at McGill University, Canada (One semester,
        in 1953. Age 71 years old
                                            1995)
        as of December 2024.
                                          • Post-Doctorate Research Program at Hartfort Seminary Connecticut, USA (One
                                            semester, 1997)
        Domiciled in
        West Java, Indonesia              Certification
                                          Banking Risk Management Level 5

        Appointment History
                                          Work Experience
        Appointed for the first time as
        Independent Commissioner          • Independent Commissioner of PT Bank Syariah Indonesia Tbk (2021-present).
        through the EGMS on               • Chancellor of the International Islamic University of Indonesia (UIII) (2019-2024).
        December 15, 2020 and             • Independent Commissioner of BNI Syariah (2019-2020).
        effectively served on February    • Founder/Chairman of the Madania Education Foundation (2018-present).
        1, 2021. Then reappointed at      • Member of the Selection Team and Candidate for members of the Indonesian KPU
        the 2024 Annual GMS on May          and Bawaslu (2017-2022).
        17, 2024.                         • Professor of the Faculty of Psychology, UIN Jakarta (2015-present).
                                          • Independent Commissioner of BRI Syariah (2015-2019).
                                          • Member of the Honorary Board of the Indonesian Red Cross (PMI) (2015-present).
        Term of Office                    • Chairman of the Sharia Supervisory Board of Bank Syariah Mandiri (BSM) (2013-
        • 2021 - 2024 (First Period).       2016).
        • 2024 – 2027 (Second Period).    • Chairman of the Education Department of the Sukma Bangsa Foundation
                                            (2013-present).
                                          • Rector of Syarif Hidayatullah State Islamic University, Jakarta, (2006-2014).
        Share Ownership
        Do not have
                                          Concurrent Positions
                                          Internal Concurrent Positions:
                                          • Chairperson and Member   of the Remuneration & Nomination Committee at PT
                                             Bank Syariah Indonesia Tbk.
                                          • Member of the Audit Committee at PT Bank Syariah Indonesia Tbk.
                                          • Member of the Risk Monitoring Committee at PT Bank Syariah Indonesia Tbk.


                                          External Concurrent Positions:
                                          • Founder/Chairman of Madania Education Foundation (2018-present).
                                          • Professor of the Faculty of Psychology, UIN Jakarta (2015-present).
                                          • Member of the Honorary Board of the Indonesian Red Cross (PMI) (2015-present).
                                          • Head of the Education Department of the Sukma Bangsa Foundation (2013-present).




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                                           Mohamad Nasir

                                           Independent Commissioner




                                   Educational Background
Indonesian Citizen
                                   • Bachelor of Accounting (Drs) from Diponegoro University Semarang (1988).
                                   • Master of Science (M.Si) in Accounting from Gadjah Mada University Yogyakarta (1994).
                                   • Doctor of Philosophy (Ph.D) in Accounting from University of Science Malaysia
Born in Ngawi,
in 1960. Age 64 years old            (2004).
as of December 2024.
                                   Certification

Domiciled in                       Banking Risk Management Level 5
Semarang, Indonesia
                                   Work Experience
                                   • Independent Commissioner of PT Bank Syariah Indonesia Tbk (2023-present).
Appointment History                • Advisory Board of the Indonesian Institute of Accountants (IAI) Accountant
Appointed for the first time as      Educator Compartment (2022-present).
Independent Commissioner           • Chairman of the Board of Trustees of Diponegoro University (2021-2026).
through the GMS on May 27,         • Special Staff to the Vice President of the Republic of Indonesia for Bureaucratic
2022 and effectively took office     Reform (2019-2024).
on January 6, 2023.                • Independent Commissioner of PT Bank Mandiri (Persero) Tbk (2019-2022).
                                   • Advisory Board of the Indonesian Institute of Accountants (IAI) (2017-2022).
                                   • 12th Minister of Research, Technology, and Higher Education of the Republic of
Term of Office
                                     Indonesia (2014-2019).
2022-2025 (First Period).          • Rector of Diponegoro University (2014-2018).
                                   • Independent Commissioner of PTPN IX (2013-2014).
                                   • Dean of the Faculty of Economics and Business, Diponegoro University (2010-
Share Ownership
                                     2014).
Do not have

                                   Concurrent Positions
                                   Internal Concurrent Positions:
                                   • Chairperson and Member of the Audit Committee at PT Bank Syariah Indonesia
                                      Tbk.
                                   • Member of the Nomination & Remuneration Committee at PT Bank Syariah
                                      Indonesia Tbk.
                                   • Member of the Risk Monitoring Committee at PT Bank Syariah Indonesia Tbk.

                                   External Concurrent Positions:
                                   Advisory Board of the Indonesian Institute of Accountants (IAI) Accountant Educator
                                   Compartment (2022-Present).




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                                                  Felicitas Tallulembang

                                                  Independent Commissioner




                                          Educational Background
        Indonesian Citizen                Bachelor of Medicine from Hasanuddin University Makassar (1990).

                                          Certification
        Born in Rantepao,
        in 1959. Age 65 years old         Banking Risk Management Level 6
        as of December 2024.
                                          Work Experience

        Domiciled in                      • Independent Commissioner of PT Bank Syariah Indonesia Tbk (2024-present).
        South Tangerang, Indonesia        • Member of the Advisory Board and Chair of the Gerindra Party's Health Research
                                            and Development Division (2020).
                                          • Member of Commission IV of the Indonesian House of Representatives (2014-
        Appointment History                 2019).
        Appointed for the first time as   • Commissioner at PT Cetara Bangun Persada (2003-2017).
        Independent Commissioner          • Director of the Sinjai Regency General Hospital (1999-2008).
        through the GMS on May 17,        • Head of the Health Center at the Galesong Utara Health Center, Takalar (1992-
        2024. Effective on December         1999).
        10, 2024.                         • General Practitioner at the Takalar Regency General Hospital (1991-1992).

                                          Concurrent Positions
        Term of Office
                                          Internal Concurrent Positions:
        2024 – 2027 (First Period).
                                          • Member of the Audit Committee at PT Bank Syariah Indonesia Tbk.
                                          • Member of the Nomination and Remuneration Committee at PT Bank Syariah
        Share Ownership                      Indonesia Tbk.
                                          • Member of the Risk Monitoring Committee at PT Bank Syariah Indonesia Tbk.
        Do not have

                                          External Concurrent Positions:
                                          Does not hold any positions in other public companies.




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                                         Imam Budi Sarjito*

                                         Commissioner




                                 Educational Background
Indonesian Citizen               • Bachelor of Economics from Diponegoro University Semarang (1982).
                                 • Master of Economy from University of Illinois USA (1991).
                                 • Doctor of Economy from Claremont Graduate School USA (1995).
Born in Semarang,
in 1959. Age 65 years old        Certification
as of December 2024.
                                 -

Domiciled in                     Work Experience
Jakarta, Indonesia
                                 • Commissioner of PT Bank Syariah Indonesia Tbk (2021-2024).
                                 • Commissioner of BNI Syariah (2018-2021).
                                 • Director of Compliance and Corporate Risk of BNI (2015-2018).
Appointment History              • Head of Enterprise Risk Management Division (2011-2015).
Appointed for the first time     • Head of Strategic Planning Division (2005-2011).
as Commissioner through the      • Deputy Head of Strategic Planning Division (2004-2005).
EGMS on December 15, 2020        • Deputy Head of Retail Marketing Division, Regional Office 05 Semarang (2003-
and effectively took office on     2004).
February 1, 2021.                • Deputy Head of Branch Development Division, Regional Office 08 Denpasar
                                   (2002-2003).

Term of Office                   Concurrent Positions
2021 - 2024 (First Period).
                                 Does not hold multiple positions either as a member of the Board of Commissioners,
                                 a member of the Board of Directors, and/or a member of a committee, as well as other
                                 positions, whether within or outside the Issuer or Public Company.
Share Ownership
822,700 share




                                                                                   *Resigned office on May 17 2024




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PROFILE




                                                 Sutanto*

                                                 Commissioner




                                         Educational Background
        Indonesian Citizen               Bachelor of Administration from Diponegoro University Semarang (1989).

                                         Certification
        Born in Semarang,
        in 1963. Age 61 years old        -
        as of December 2024.
                                         Work Experience

        Domiciled in                     • Commissioner of PT Bank Syariah Indonesia Tbk (2021-2024).
        Jakarta, Indonesia               • Commissioner of PT Bank BRIsyariah Tbk (2019-2021).
                                         • Head of Internal Audit, Internal Audit for Bandung Region, PT Bank Rakyat Indonesia
                                           (Persero) Tbk (2018-2019).
        Appointment History              • Inspector, Semarang Inspection Office, PT Bank Rakyat Indonesia (Persero) Tbk
        Appointed for the first time       (2016-2018).
        as Commissioner through the      • Inspector, Banda Aceh Inspection Office, PT Bank Rakyat Indonesia (Persero) Tbk
        EGMS on December 15, 2020          (2015-2016).
        and effectively took office on   • Deputy Inspector for KP, KCK, UKLN & PA Audit, Internal Audit of Head Office, PT
        February 1, 2021.                  Bank Rakyat Indonesia (Persero) Tbk (2011-2015).

                                         Concurrent Positions
        Term of Office
                                         Does not hold multiple positions either as a member of the Board of Commissioners,
        2021 - 2024 (First Period).
                                         a member of the Board of Directors, and/or a member of a committee, as well as other
                                         positions, whether within or outside the Issuer or Public Company.

        Share Ownership
        Do not have




                                                                                            *Resigned office on May 17 2024




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Affiliate Relationship of Board of Commissioners Members

Table of Affiliate Relations of the Board of Commissioners


                                                      Financial, Family and Management Relations of Commissioners


                                                 Financial Relationship With                   Family Relationship With
                                                                                                                                    Management
         Name
                                           board of       Board of      Controlling    board of        Board of      Controlling     Relations
                          Position
                                         Commissioners    Directors    Shareholders* Commissioners     Directors    Shareholders*


                                         Yes     No      Yes    No      Yes    No     Yes     No      Yes    No     Yes     No      Yes      No

                      President
 Muliaman
                      Commissioner
 Dharmansyah                                     √               √              √              √              √             √                √
                      concurrently
 Hadad
                      Independent

                      Deputy President
 Adiwarman            Commissioner
                                                 √               √              √              √              √             √                √
 Azwar Karim          concurrently
                      Independent

 Masduki
                      Commissioner               √               √              √              √              √             √                √
 Baidlowi

 Suyanto              Commissioner               √               √              √              √              √             √                √

 Abu Rokhmad          Commissioner               √               √              √              √              √             √                √

 Fauzi                Commissioner               √               √              √              √              √             √                √

 Nazaruddin           Commissioner               √               √              √              √              √             √                √

 Komaruddin           Independent
                                                 √               √              √              √              √             √                √
 Hidayat              Commissioner

                      Independent
 Mohamad Nasir                                   √               √              √              √              √             √                √
                      Commissioner

 Felicitas            Independent
                                                 √               √              √              √              √             √                √
 Tallulembang         Commissioner

*direct or indirect




Education and/or Training for the Board of Commissioners

The description of the education and/or training of the Board of Commissioners during the fiscal year is presented in the Corporate
Governance Chapter.




Changes in the Composition of the Board of Commissioners
and the Reasons for the Changes

During 2024, there were changes in the composition of the Board of Commissioners. These changes were made based on the needs of
the Bank. The changes in the composition of the Board of Commissioners are explained below




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Composition of the Board of Commissioners
Before the 2024 Annual General Meeting of Shareholders

The composition of the Board of Commissioners before the                      serves as an Independent Commissioner, 5 (five) Commissioners,
Annual General Meeting of Shareholders (AGMS) on May                          and 2 (two) Independent Commissioners. The composition and
17, 2024, consisted of 9 (nine) members, comprising 1 (one)                   the basis of the appointment of the Board of Commissioners can
President Commissioner who also serves as an Independent                      be found in the table below
Commissioner, 1 (one) Vice President Commissioner who also


Table of Composition and Basis of Appointment of the Board of Commissioners
Before the 2024 Annual General Meeting of Shareholders

              Name                         Position                Executor               Basis of Appointment                 Effective Date

 Muliaman Dharmansyah             President Commissioner                                                                        September 21,
                                                                      OJK         Annual GMS on May 22, 2023
 Hadad                            concurrently Independent                                                                          2023

                                  Deputy President
 Adiwarman Azwar Karim            Commissioner concurrently           OJK         Extraordinary GMS on August 24, 2021         January 31, 2022
                                  Independent

 Masduki Baidlowi                 Commissioner                        OJK         Extraordinary GMS on December 15, 2020       February 1, 2021

 Suyanto                          Commissioner                        OJK         Extraordinary GMS on December 15, 2020       February 1, 2021

                                                                                                                                September 21,
 Abu Rokhmad                      Commissioner                        OJK         Annual GMS on May 22, 2023
                                                                                                                                    2023

 Imam Budi Sarjito                Commissioner                        OJK         Extraordinary GMS on December 15, 2020       February 1, 2021

 Sutanto                          Commissioner                        OJK         Extraordinary GMS on December 15, 2020       February 1, 2021

 Komaruddin Hidayat               Independent Commissioner            OJK         Extraordinary GMS on December 15, 2020       February 1, 2021

 Mohamad Nasir                    Independent Commissioner            OJK         Annual GMS on May 27, 2022                   January 6, 2023



Composition of the Board of Commissioners
After the 2024 Annual General Meeting of Shareholders

On May 17, 2024, the Annual General Meeting of Shareholders                   2. Reappointed for the second term:
(AGMS) decided the following decisions:                                          a.   Adiwarman     Azwar      Karim     as   Deputy   President
1. Honorably dismissed:                                                               Commissioner and Independent Commissioner;
    a.     Adiwarman      Azwar    Karim    as   Deputy       President          b. Suyanto as Commissioner;
           Commissioner and Independent Commissioner;                            c.   Masduki Baidlowi as Commissioner;
    b. Suyanto as Commissioner;                                                  d. Komaruddin Hidayat as Independent Commissioner;
    c.     Masduki Baidlowi as Commissioner;
    d. Imam Budi Sarjito as Commissioner;                                     3. Appointed:
    e.     Sutanto as Commissioner;                                              a.   Fauzi as Commissioner;
    f.     Komaruddin Hidayat as Independent Commissioner;                       b. Nazaruddin as Commissioner;
                                                                                 c.   Felicitas Tallulembang as Independent Commissioner;




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Page 123
As a result, the composition of the Board of Commissioners           serves as an Independent Commissioner, 5 (five) Commissioners,
after the Annual General Meeting of Shareholders (AGMS) on           and 3 (three) Independent Commissioners. The composition and
May 17, 2024, consists of 10 (ten) members, comprising 1 (one)       the basis of the appointment of the Board of Commissioners can
President Commissioner who also serves as an Independent             be found in the table below.
Commissioner, 1 (one) Vice President Commissioner who also


Table of Composition and Basis of Appointment of the Board of Commissioners
After the 2024 Annual General Meeting of Shareholders

            Name                     Position             Executor               Basis of Appointment                Effective Date

 Muliaman Dharmansyah       President Commissioner                                                                    September 21,
                                                             OJK         Annual GMS on May 22, 2023
 Hadad                      concurrently Independent                                                                      2023

                            Deputy President
                                                                         - Extraordinary GMS on August 24, 2021
 Adiwarman Azwar Karim      Commissioner concurrently        OJK                                                     February 7, 2022
                                                                         - Annual GMS on May 17, 2024
                            Independent

                                                                         - Extraordinary GMS on December 15,
 Masduki Baidlowi           Commissioner                     OJK           2020                                      February 1, 2021
                                                                         - Annual GMS on May 17, 2024

                                                                         - Extraordinary GMS on December 15,
 Suyanto                    Commissioner                     OJK           2020                                      February 1, 2021
                                                                         - Annual GMS on May 17, 2024

                                                                                                                      September 21,
 Abu Rokhmad                Commissioner                     OJK         Annual GMS on May 22, 2023
                                                                                                                          2023

 Fauzi                      Commissioner                                 Annual GMS on May 17, 2024                December 10, 2024

 Nazaruddin                 Commissioner                                 Annual GMS on May 17, 2024                December 10, 2024

                                                                         - Extraordinary GMS on December 15,
 Komaruddin Hidayat         Independent Commissioner         OJK           2020                                      February 1, 2021
                                                                         - Annual GMS on May 17, 2024

 Mohamad Nasir              Independent Commissioner         OJK         Annual GMS on May 27, 2022                  January 6, 2023

 Felicitas Tallulembang     Independent Commissioner         OJK         Annual GMS on May 17, 2024                December 10, 2024




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PROFILE




Profile of
The Shariah Supervisory Board




                                                   Prof. Dr. KH. Hasanudin, M.Ag

                                                   Chairman of the Sharia Supervisory Board




                                           Educational Background
        Indonesian Citizen
                                           • Bachelor of Sharia from IAIN/UIN Syarif Hidayatullah Jakarta (1989).
                                           • Master of Sharia from IAIN/UIN Syarif Hidayatullah Jakarta (1997).
                                           • Doctor of Sharia from UIN Syarif Hidayatullah Jakarta (2008).
        Born in Cirebon,
        in 1961. Age 63 years old
        as of December 2024.               Certification
                                           • Certificate of Competence in the Field of Sharia Supervisory DSN-MUI (2017).
                                           • Capital Market Sharia Expert License (ASPM) (2021).
        Domiciled in
        Tangerang, Indonesia
                                           Work Experience
                                           • Chairman of the Sharia Supervisory Board of PT Bank Syariah Indonesia Tbk
                                             (2021-present).
        Appointment History
                                           • Member of the Sharia Supervisory Board of PT Bank Syariah Indonesia Tbk (2021).
        Appointed for the first time       • Chairman of the Daily Executive Board of the National Sharia Council of the
        as a Member of the Sharia            Indonesian Ulema Council (2020-present).
        Supervisory Board through          • Chairman of the Sharia Supervisory Board of PT Sarana Multigriya Finansial
                                             (Persero) (2018-present).
        the EGMS on December 15,
                                           • Chairman of the Sharia Supervisory Board of PT Trimegah Asset Management
        2020 and effectively served on       (2015-2024).
        February 1, 2021. Furthermore,     • Chairman of the Sharia Supervisory Board of PT Toyota Astra Finance Services
        appointed as Chairman of the         (2012-present).
        Sharia Supervisory Board in        • Member of the Sharia Accounting Standards Board (DSAS), Indonesian Institute of
                                             Accountants (2012-2016).
        accordance with the Deed of        • Chairman and Member of the Sharia Supervisory Board of PT Bank BNI Syariah
        Statement of Resolutions of the      (2010-2021).
        General Meeting of Shareholders    • Member of the Sharia Supervisory Board of the Sharia Business Unit, PT Bank
        of PT Bank Syariah Indonesia Tbk     Danamon Indonesia Tbk (2002-present).
        No. 42 dated May 31, 2021. Then
        reappointed at the 2024 Annual     Concurrent Positions
        GMS on May 17, 2024.               Other Public Companies:
                                           Member of the Sharia Supervisory Board of UUS PT Bank Danamon Indonesia Tbk
                                           (2002-present).
        Term of Office
        • 2021 - 2024 (First Period).      Other Institutions:
                                           • Chairman of the Daily Executive Board of the National Sharia Council of the
        • 2024 – 2027 (Second Period).
                                             Indonesian Ulema Council (2020-present).
                                           • Chairman of the Sharia Supervisory Board of PT Sarana Multigriya Finansial
                                             (Persero) (2018-present).
        Share Ownership                    • Chairman of the Sharia Supervisory Board of PT Toyota Astra Finance Services
        Do not have                          (2012-present).




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                                         DR. H. Mohamad Hidayat, MBA, M.H

                                         Member of the Sharia Supervisory Board




                                 Educational Background
Indonesian Citizen               • Bachelor of Sharia from IAIN / UIN Syarief Hidayatullah Jakarta (1992).
                                 • Master of Law from the College of Law: Institute of Business Law and Legal
                                   Management Jakarta (2004).
Born in Jakarta,                 • Doctor of Islamic Economics and Finance from Trisakti University (2014).
in 1967. Age 57 years old
as of December 2024.
                                 Certification
                                 Ijtima'Sanawi (Annual Meeting) DPS-DSN MUI (2023).
Domiciled in
East Jakarta, Indonesia
                                 Work Experience
                                 • Member of the Sharia Supervisory Board of PT Bank Syariah Indonesia Tbk
Appointment History                (2021-present).
Appointed for the first time     • Chairman of the Sharia Supervisory Board of PT Bank Syariah Indonesia Tbk (2021).
as Chairman of the Sharia        • Chairman of the Sharia Supervisory Board of the Sharia Business Unit of PT Asuransi
Supervisory Board through          Jiwa Manulife Indonesia (2020-2024).
the Extraordinary GMS on         • Chairman of the Sharia Supervisory Board of the Sharia Business Unit of PT Asuransi
December 15, 2020 and              Allianz Life Syariah Indonesia (2023-present).
effectively served on February   • Chairman of the Sharia Supervisory Board of PT Bank Syariah Mandiri (2019-2021).
1, 2021. Furthermore,
                                 • Member of the Sharia Supervisory Board of the Sharia Business Unit of PT Bank
appointed as a Member of
                                   Tabungan Negara Syariah Tbk (2018-2023).
the Sharia Supervisory Board
in accordance with the Deed      • Chairman of the Sharia Supervisory Board of the Sharia Business Unit of PT Asuransi
of Statement of Resolutions        BRI Life Syariah (2017-present).
of the General Meeting of
Shareholders of PT Bank          Concurrent Positions
Syariah Indonesia Tbk No. 42
                                 Other Public Companies:
dated May 31, 2021. Then
reappointed at the 2024 Annual   -
GMS on May 17, 2024.
                                 Other Institutions:
                                 • Chairman of the Sharia Supervisory Board of the Sharia Business Unit of PT Asuransi
Term of Office                     Allianz Life Syariah Indonesia (2023-present).
• 2021 - 2024 (First Period).    • Chairman of the Sharia Supervisory Board of the Sharia Business Unit of PT Asuransi
• 2024 – 2027 (Second Period).     BRI Life Syariah (2017-present).
                                 • Chairman of the Sharia Supervisory Board of the Sharia Business Unit of PT Asuransi
                                   Jiwa Manulife Indonesia (2010 - present).
Share Ownership
Do not have



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                                                  Dr. H. Oni Sahroni, MA

                                                  Member of the Sharia Supervisory Board




                                          Educational Background
        Indonesian Citizen                • Bachelor of Islamic Sharia from Al-Azhar University, Cairo, Egypt (2000).
                                          • Master of Fiqh Muqaran from Al-Azhar University, Cairo, Egypt (2005).
                                          • Doctor of Fiqh Muqaran from Al-Azhar University, Cairo, Egypt (2009).
        Born in Serang,
        in 1975. Age 49 years old
        as of December 2024.              Certification
                                          -

        Domiciled in
        Depok, Indonesia                  Work Experience
                                          • Member of the Sharia Supervisory Board of PT Bank Syariah Indonesia Tbk
                                            (2021-present).
        Appointment History               • Member of the Sharia Supervisory Board, PT Bank Syariah Mandiri (2020-2021).
        Appointed for the first time as   • Member of the Sharia Supervisory Board, Maybank Islamic Berhard Syariah (2018-
        a Member of the Supervisory         2020).
        Board through the EGMS            • Member of the Sharia Supervisory Board of the Sharia Business Unit, PT Bank
        on December 15, 2020 and            Maybank Indonesia Tbk (2017-2020).
        effectively served on February    • Member of the Sharia Supervisory Board of PT BNP Paribas Investment Partners
        1, 2021. Then reappointed at        (2016-present).
        the 2024 Annual GMS on May        • Member of the Sharia Supervisory Board of the Sharia Business Unit, PT Adira
        17, 2024.                           Dinamika Multi Finance Tbk (2012-2021).

                                          Concurrent Positions
        Term of Office
                                          Other Public Companies:
        • 2021 - 2024 (First Period).
                                          -
        • 2024 – 2027 (Second Period).

                                          Other Institutions:
        Share Ownership                   • Member of the Sharia Supervisory Board of PT BNP Paribas Investment Partners
        Do not have                         (2016-present).
                                          • Chairman of the Sharia Supervisory Board of LAZ Indonesian Zakat Initiative (IZI)
                                            (2016 - present).




     PT Bank Syariah Indonesia Tbk
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Page 127
                                           Prof. Dr. Jaih Mubarak, SE, MH. M.Ag

                                           Member of the Sharia Supervisory Board




                                   Educational Background
Indonesian Citizen                 • Bachelor of Sharia from the Faculty of Sharia, Department of Religious Courts, IAIN
                                     Sunan Gunung Djati Bandung (1991).
                                   • Bachelor of Economics from the Faculty of Economics, Ars International University
Born in Bogor,                       (2009).
in 1967. Age 57 years
                                   • Master of Religion from IAIN (now UIN) Syarif Hidayatullah, Jakarta (1995).
as of December 2024.
                                   • Master of Law from Djuanda University Bogor (2010).
                                   • Doctorate from IAIN (now UIN) Syarif Hidayatullah, Jakarta (1999).
Domiciled in
Bandung, Indonesia                 Certification
                                   Holder of Capital Market Sharia Expert License (ASPM) based on OJK Decree No.
                                   Kep-09/PM.223/PJ-ASPM/2021 dated May 18, 2021.
Appointment History
Appointed for the first time
                                   Work Experience
as a Member of the Sharia
Supervisory Board through the      • Member of the Sharia Supervisory Board of PT Bank Syariah Indonesia Tbk
GMS on May 17, 2024 and              (2024-present).
effectively served on May 17,      • Chairman of the DPS of Bank BJB Syariah in (2022-2024).
2024 and effectively took office   • Professor of the Faculty of Sharia & Law at UIN Sunan Gunung Djati Bandung
on October 14, 2024.                 (2022-present).
                                   • Member of the DPS of the BI Defined Contribution Pension Fund (2022-present).
                                   • Member of the DPS of Bank Permata Sharia Business Unit (2014-present).
Term of Office                     • Chairman of the DPS of Al - Amin Insurance (2010-present).
2024 – 2027 (First Period).
                                   Concurrent Positions

Share Ownership                    Other Public Companies:
                                   -
Do not have

                                   Other Institutions:
                                   • Member of the DPS of the BI Defined Contribution Pension Fund (2022-present).
                                   • Professor of the Faculty of Sharia & Law at UIN Sunan Gunung Djati Bandung
                                     (2022-present).
                                   • Member of the DPS of Bank Permata Sharia Business Unit (2014-present).
                                   • Head of the DPS of Al - Amin Insurance (2010-present).
                                   • Secretary of the DSN Hariah Implementation Agency of the Indonesian Ulema
                                     Council (…-…).
                                   • Deputy Secretary of the MUI Fatwa Commission (…-…).
                                   • Member of the Sharia Supervisory Board of the BI Defined Contribution Pension
                                     Fund (…-…).




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                                                   Dr. KH. Abdul Ghofur Maimoen, M.A.

                                                   Member of the Sharia Supervisory Board




                                           Educational Background
        Indonesian Citizen                 • Bachelor of Tafsir and Ulumul Qur’an from Al Azhar University, Cairo, Egypt (1998).
                                           • Master of Tafsir and Ulumul Qur’an from Al Azhar University, Cairo, Egypt (2004).
                                           • Doctor of Tafsir and Ulumul Qur’an from Al Azhar University, Cairo, Egypt (2010).
        Born in Rembang,
        in 1973. Age 51 years old
        as of December 2024.               Certification
                                           -

        Domiciled in
        Gondan Rojo, Rembang,              Work Experience
        Indonesia                          • Member of the Sharia Supervisory Board of PT Bank Syariah Indonesia Tbk
                                             (2024-present).
                                           • Member of the Rois Syuriah PBNU (2022-2024).
        Appointment History                • Member of the MUI Fatwa Commission (2020-2025).
        Appointed for the first time       • Member of the Katib Syuriah PBNU (2018-2022).
        as a Member of the Sharia          • Member of the Daily Management of DSN MUI (2016-present).
        Supervisory Board through the      • Head of STAI Al Anwar Serang Rembang (2012-present).
        GMS on May 17, 2024 and
        effectively served on May 17,
                                           Concurrent Positions
        2024 and effectively took office
        on January 10, 2024.               Other Public Companies:
                                           -

        Term of Office                     Other Institutions:
        2024 – 2027 (First Period).        • Member of the MUI DSN Daily Management (2016-present).
                                           • Chairman of STAI Al Anwar Serang Rembang (2012-present).

        Share Ownership
        Do not have




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126 2024 Annual Report
Page 129
                                          Prof. Dr. K.H. Didin Hafidhuddin, M.Sc*

                                          Member of the Sharia Supervisory Board




                                  Educational Background
Indonesian Citizen                • Bachelor of Sharia from IAIN/UIN Syarif Hidayatullah Jakarta (1978).
                                  • Master of Development Extension from Bogor Agricultural Institute (1987).
                                  • Diploma in Arabic from University of Medina Saudi Arabia (1994).
Born in Bogor,                    • Doctor of Religious Studies/Islamic Studies from UIN Syarif Hidayatullah (2001).
in 1951. Age 73 years
as of December 2024.
                                  Certification
                                  -
Domiciled in
Bogor, Indonesia
                                  Work Experience
                                  • Member of the Sharia Supervisory Board of PT Bank Syariah Indonesia Tbk
Appointment History                 (2021-present).
Appointed for the first time as   • Chairman of the Sharia Supervisory Board, PT Mandiri AXA General Insurance
a Member of the Supervisory         (MAGI) Syariah (2014-present).
Board through the EGMS            • Chairman of the Sharia Supervisory Board, PT Permodalan Nasional Madani
on December 15, 2020 and            (Persero) (2010-present).
effectively took office on        • Chairman of the Sharia Supervisory Board, PT Bank BRIsyariah Tbk (2010-2020).
February 1, 2021.                 • Postgraduate Director, Ibnu Khaldun University Bogor (2009-present).
                                  • Chairman of the Sharia Supervisory Board, BPRS Amanah Ummah Bogor
                                    (1992-present).
Term of Office
2021 - 2024 (First Period).       Concurrent Positions
                                  Other Public Companies:
Share Ownership                   Chairman of the DPS of PT Permodalan Nasional Madani (Persero) Tbk (2010-present).
Do not have
                                  Other Institutions:
                                  • Chairman of the Sharia Supervisory Board of PT Mandiri AXA General Insurance
                                    (MAGI) Syariah (2014-present).
                                  • Chairman of the Sharia Supervisory Board of PT PNM Invest Management
                                    (2010-present).
                                  • Chairman of the Sharia Supervisory Board of BPRS Amanah Ummah Bogor
                                    (1992-present).




                                                                                     *Resigned office on May 17 2024




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Affiliate Relations of Sharia Supervisory Board Members

Table of Affiliated Relationships of the Sharia Supervisory Board


                                                 Financial, Family and Management Relations of the Sharia Supervisory Board


                                                   Financial Relationship With                   Family Relationship With
                                                                                                                                      Hubungan
        Name
                                             board of       Board of      Controlling    board of        Board of     Controlling    Kepengurusan
                          Position
                                           Commissioners    Directors    Shareholders* Commissioners     Directors   Shareholders*


                                           Yes     No      Yes    No     Yes     No     Yes     No      Yes    No     Yes     No     Yes     No

 Prof. Dr. KH.        Chairman of the
 Hasanudin,           Sharia Supervisory            √              √              √              √              √             √               √
 M.Ag                 Board

 DR. H.
                      Member of the
 Mohamad
                      Sharia Supervisory            √              √              √              √              √             √               √
 Hidayat, MBA,
                      Board
 M.H

                      Member of the
 Dr. H. Oni
                      Sharia Supervisory            √              √              √              √              √             √               √
 Sahroni, MA
                      Board

 Dr. KH.              Member of the
 Abdul Ghofur         Sharia Supervisory            √              √              √              √              √             √               √
 Maimoen, M.A.        Board

 Prof. Dr. Jaih       Member of the
 Mubarok, SE,         Sharia Supervisory            √              √              √              √              √             √               √
 M.H, M.Ag            Board

*direct or indirect




Education and / or Training for Board of Sharia Supervisory

The description of the education and/or training of the Board of Syariah Supervisory during the fiscal year is presented in the Corporate
Governance Chapter.




Changes in the Composition of the Board of Syariah Supervisory
and the Reasons for the Changes

During 2024, there were changes in the composition of the Board of Syariah Supervisory. These changes were made based on the needs
of the Bank. The changes in the composition of the Sharia Supervisory Board are as follows:


Composition of the Board of Syariah Supervisory
Before the 2024 Annual General Meeting of Shareholders

The composition of the Sharia Supervisory Board before the                       of the Sharia Supervisory Board. The composition and the basis
Annual General Meeting of Shareholders (AGMS) on May                             of the appointment of the Sharia Supervisory Board can be
17, 2024, consisted of 4 (four) members, comprising 1 (one)                      found in the table below.
Chairman of the Sharia Supervisory Board and 3 (three) members




        PT Bank Syariah Indonesia Tbk
128 2024 Annual Report
Page 131
Table of Composition and Basis of Appointment of the Board of Syariah Supervisory
Before the 2024 Annual General Meeting of Shareholders

            Name                        Position           Executor                Basis of Appointment              Effective Date

 Prof. Dr. KH. Hasanudin,      Chairman of the Sharia
                                                              OJK         Extraordinary GMS on December 15, 2020     February 1, 2021
 M.Ag                          Supervisory Board

 DR. H. Mohamad Hidayat,       Member of the Sharia
                                                              OJK         Extraordinary GMS on December 15, 2020     February 1, 2021
 MBA, M.H                      Supervisory Board

                               Member of the Sharia
 Dr. H. Oni Sahroni, MA                                       OJK         Extraordinary GMS on December 15, 2020     February 1, 2021
                               Supervisory Board

 Prof. Dr. K.H. Didin          Member of the Sharia
                                                              OJK         Extraordinary GMS on December 15, 2020     February 1, 2021
 Hafidhuddin, M.Sc             Supervisory Board



Composition of the Board of Syariah Supervisory
After the 2024 Annual General Meeting of Shareholders

On May 17, 2024, the Annual General Meeting of Shareholders           3. Appointed:
(AGMS) decided as follows:                                                a.   Jaih Mubarok as a member of the Sharia Supervisory
1. Honorably dismissed:                                                        Board;
    a.   Hasanudin as Chairman of the Sharia Supervisory Board;           b. Abdul Ghofur Maimoen as a member of the Sharia
    b. Mohamad Hidayat as a Member of the Sharia Supervisory                   Supervisory Board;
         Board;
    c.   Oni Sahroni as a Member of the Sharia Supervisory            As a result, the composition of the Sharia Supervisory Board
         Board;                                                       after the Annual General Meeting of Shareholders (AGMS) on
    d. Didin Hafidhuddin as a Member of the Sharia Supervisory        May 17, 2024, consists of 5 (five) members, comprising 1 (one)
         Board;                                                       Chairman of the Sharia Supervisory Board and 4 (four) members
                                                                      of the Sharia Supervisory Board. The composition and the basis
2. Reappointed for the second term:                                   of the appointment of the Sharia Supervisory Board can be
    a.   Hasanudin as Chairman of the Sharia Supervisory Board;       found in the table below.
    b. Mohamad Hidayat as a Member of the Sharia Supervisory
         Board;
    c.   Oni Sahroni as a Member of the Sharia Supervisory
         Board;




Table of Composition and Basis of Appointment of the Board of Syariah Supervisory
After the 2024 Annual General Meeting of Shareholders

            Name                        Position           Executor                Basis of Appointment              Effective Date

 Prof. Dr. KH. Hasanudin,      Chairman of the Sharia
                                                              OJK         Extraordinary GMS on December 15, 2020     February 1, 2021
 M.Ag                          Supervisory Board

 DR. H. Mohamad Hidayat,       Member of the Sharia
                                                              OJK         Extraordinary GMS on December 15, 2020     February 1, 2021
 MBA, M.H                      Supervisory Board

                               Member of the Sharia
 Dr. H. Oni Sahroni, MA                                       OJK         Extraordinary GMS on December 15, 2020     February 1, 2021
                               Supervisory Board

 Dr. KH. Abdul Ghofur          Member of the Sharia
                                                              OJK         Annual GMS on May 17, 2024                  May 17, 2024
 Maimoen, M.A.                 Supervisory Board

 Prof. Dr. Jaih Mubarok, SE,   Member of the Sharia
                                                              OJK         Annual GMS on May 17, 2024                  May 17, 2024
 M.H, M.Ag                     Supervisory Board




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Executive Officers
Profil

Profile of Senior Executive Vice President Internal (SEVP)

                                                                                                     57 years old
                                                       Indonesian Citizen
                                                                                                     as of December 31, 2024

                                              Domicile
                                              Bekasi, Indonesia

                                              Educational Background
                                              • Bachelor of Agricultural Technology, Bogor Agricultural University (1992).
                                              • Master of Professional Small and Medium Industry, Bogor Agricultural University (2009).


                                              Work Experience
                                              • SEVP of SME and Commercial Business of PT Bank BNI Syariah (2020-2021).
                                              • Head of BUMN and Government Institution Division of PT Bank Negara Indonesia
                                                (Persero) Tbk (2019-2020).
                                              • Head of Medium and Small Business Credit Risk Division of PT Bank Negara Indonesia
           Babas Bastaman                       (Persero) Tbk (2017–2019).
     Senior Executive Vice President (SEVP)   • Head of Commercial Credit Division of PT Bank BNI Syariah (2016).
                Wholesale Risk
                                              Legal Basis for Appointment
                                              Board of Directors Decree No. 05/001/DIR-CHC-PKWT January 2, 2025


                                              Share Ownership
                                              Do not have




                                                                                                     50 years old
                                                       Indonesian Citizen
                                                                                                     as of December 31, 2024

                                              Domicile
                                              South Tangerang, Indonesia

                                              Educational Background
                                              • Bachelor of Civil Engineering, University of Indonesia (1997).
                                              • Master of Management, PPM School of Management, Jakarta (2000).


                                              Work Experience
                                              • SEVP Retail Banking PT Bank Syariah Mandiri (2019-2021).
                                              • Senior Vice President, Micro Banking Group Head PT Bank Mandiri (Persero) Tbk
                                                (2016-2019).
                                              • Vice President, Regional Retail Head of Sumatra II Regional Office, Palembang
          Wawan Setiawan                        PT Bank Mandiri (Persero) Tbk (2015-2016).
     Senior Executive Vice President (SEVP)   • Vice President, Deputy Regional Manager of Central Java – DIY Regional Office,
               Consumer Banking                 Semarang PT Bank Mandiri (Persero) Tbk (2014-2015).


                                              Legal Basis for Appointment
                                              SK Direksi No. 2021/64317-SK/HC-BSI tanggal 1 Februari 2021


                                              Share Ownership
                                              Do not have




     PT Bank Syariah Indonesia Tbk
130 2024 Annual Report
Page 133
                                                                                                50 years old
                                                  Indonesian Citizen
                                                                                                as of December 31, 2024

                                         Domicile
                                         Depok, Indonesia

                                         Educational Background
                                         • Bachelor of Industrial Engineering from Bandung Institute of Technology (1996).
                                         • Master of Business Administration from London Business School (2008).


                                         Work Experience
                                         • Executive Vice President - Head of Strategy, Investor Relations and Partnerships Bank
                                           CIMB Niaga (2020-2021).
                                         • Executive Vice President - Head of Strategy Bank CIMB Niaga (2019-2020).
                                         • Director - Strategy and Business Development OVO PT Visionet International (2017-2019).
  Saut Parulian Saragih                  • Head of Business Development Sampoerna AGRO (2014-2017).
Senior Executive Vice President (SEVP)
           Digital Banking
                                         Legal Basis for Appointment
                                         Board of Directors Decree No. 01/244-KUA/DIR dated August 6, 2021


                                         Share Ownership
                                         Do not have




                                                                                                57 years old
                                                  Indonesian Citizen
                                                                                                as of December 31, 2024

                                         Domicile

                                         Jakarta, Indonesia

                                         Educational Background
                                         • Bachelor of Economics, University of Bandar Lampung (1990).
                                         • Master of Management, University of Bandar Lampung (2008).


                                         Work Experience
                                         • Chief Retail Audit PT Bank Mandiri (Persero) Tbk (2021-2023). Chairman of the
                                           Supervisory Board (2019-present).
                                         • Group Head / Senior Vice President Cash & Trade Operations Group
                                           PT Bank Mandiri (Persero) Tbk (2016-2019).
              Satria                     • Regional CEO Sulawesi Maluku (8 Provinces) PT Bank Mandiri (Persero) Tbk
Senior Executive Vice President (SEVP)     (2015-2016).
            Internal Audit               • Regional CEO Sumatera II (6 Provinces) PT Bank Mandiri (Persero) Tbk (2013-2015).


                                         Legal Basis for Appointment
                                         Board of Directors Decree No. 03/153-KEP/DIR dated April 28, 2023


                                         Share Ownership
                                         Do not have




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                                                                                                    52 years old
                                                       Indonesian Citizen
                                                                                                    as of December 31, 2024

                                              Domicile
                                              Depok, Indonesia

                                              Educational Background
                                              • Bachelor of Law, Gadjah Mada University (1996).
                                              • Master of Notary, University of Indonesia (2016).


                                              Work Experience
                                              • Senior Executive Vice President Operations, PT Bank Syariah Indonesia Tbk
                                                (2024-present).
                                              • Senior Vice President Distribution Strategy Group, PT Bank Syariah Indonesia Tbk
         Ana Nurul Khayati                      (2023-2024).
                                              • Senior Vice President Distribution Strategy Group, PT Bank Syariah Indonesia Tbk
     Senior Executive Vice President (SEVP)     (2022-2023).
                  Operations                  • Project Leader, Stream Merge Outlet, PT Bank Syariah Indonesia Tbk (2021-2022).
                                              • Senior Vice President Policy & Procedure Group, PT Bank Syariah Mandiri
                                                (2015-2021).

                                              Legal Basis for Appointment
                                              Board of Directors Decree No. 04/221-KEP/DIR dated June 7, 2024


                                              Share Ownership
                                              Do not have




                                                                                                    54 years old
                                                       Indonesian Citizen
                                                                                                    as of December 31, 2024

                                              Domicile
                                              South Jakarta, Indonesia

                                              Educational Background
                                              • Bachelor of Development Economics, Padjajaran University (1989-1995).
                                              • Master of Economics, University of Indonesia (2001-2005).
                                              • Doctorate of Strategic Management, Padjajaran University (2014-2019).


                                              Work Experience
                                              • SEVP Human Capital, PT Bank Syariah Indonesia Tbk (2024-present).
                                              • Regional CEO Surabaya, PT Bank Syariah Indonesia Tbk (2021-2024).
                                              • Group Head Distribution Strategy Group, PT Bank Syariah Mandiri (2019-2021).
            Firman Jatnika                    • Group Head Learning Center Mandiri Syariah University, PT Bank Syariah Mandiri
     Senior Executive Vice President (SEVP)     (2016-2019).
                Human Capital                 • Head of Team, Branch and People Productivity Enhancement Program, PT Bank
                                                Syariah Mandiri (2015-2016).


                                              Legal Basis for Appointment
                                              Board of Directors Decree No. 04/222-KEP/DIR dated June 7, 2024


                                              Share Ownership
                                              9.091,79 lot




     PT Bank Syariah Indonesia Tbk
132 2024 Annual Report
Page 135
Profile of Executive Officers


 No.                           Name                                           Job Position

  1.   Sefudin Suria Hidayat             Alternative Channel & Government Project Group Head

  2.   Peby Elan Surya Diningrat         BSI Corporate University Group Head

  3.   Nurdiana Habibie                  Senior Business Continuity Management Head

  4.   Bayu Isnandar                     Senior Business Transformation Head

  5.   Arief Satiana                     Card Business Group Head

  6.   Andri Purnomo                     Chief Information Security Officer

  7.   Silmi Akbar Ghania Permana        Commercial Business 1 Group Head

  8.   Diar Fitrada                      Commercial Risk Group Head

  9.   Rosalina Dewi T                   Compliance & AML-CFT Group Head

 10.   Praka Mulia Agung                 Consumer Business 1 (Secured) Group Head

 11.   Dien Lukita Purnamasari           Consumer Business 2 (Unsecured) Group Head

 12.   I Gusti Ngurah Bramantya Ardana   Consumer Risk Group Head

 13.   Fiti Syam                         Corporate Business 1 Group Head

 14.   Buyung Ichman Lukman              Corporate Business 2 Group Head

 15.   Husni Thamrin                     Corporate Business 3 Group Head

 16.   Jiwo Sukarno                      Corporate Development Group Head

 17.   Priyo Hartono                     Corporate Finance & Accounting Group Head

 18.   Indra G Kampono                   Corporate Finance & Solution Group Head

 19.   Ali                               Corporate Risk Group Head

 20.   Wisnu Sunandar                    Corporate Secretary & Communication Group Head

 21.   Dwi Hesti Mulyaningrum            Customer Care Group Head

 22.   Andy Puguh Nugroho                Data & Decision Management Group Head

 23.   Wijayanto                         Digital Banking & E-Channel Operations Group Head

 24.   Riko Wardhana                     Digital Banking Retail Group Head

 25.   Affan Mawardi                     Distribution Strategy Group Head

 26.   Rima Dwi Permatasari              Environmental, Social & Governance Group Head

 27.   Arief Budiman                     Executive Risk & Recovery Officer Retail & Consumer (ERO-R)

 28.   Asnah Faekhah                     Executive Risk & Recovery Officer Retail & Consumer (ERO-R)

 29.   Ir Supriono                       Executive Risk & Recovery Officer Retail & Consumer (ERO-R)

 30.   Taty Sediaty                      Executive Risk & Recovery Officer Retail & Consumer (ERO-R)

 31.   Budiyono                          Executive Risk & Recovery Officer Wholesale (ERO-W)

 32.   Maisur Hilmi                      Executive Risk & Recovery Officer Wholesale (ERO-W)

 33.   Alhuda Dj                         Financing Center Group Head

 34.   Yan Rasdiansyah                   Financing Operations Group Head

 35.   Ilyas Ibrahim                     Gold & Pawning Business Group Head

 36.   Bambang Sutrisno                  Human Capital Services Group Head

 37.   Teszy Mira Eka Kusuma             Human Capital Strategy & Policy Group Head

 38.   Ida Triana Widowati               Institutional Banking Group Head

 39.   Ir Anna Kristanty                 International & Financial Institution Group Head

 40.   Rizky Budinanda                   Investor Relation Group Head

 41.   Muhammad Syukron Habiby           Islamic Ecosystem Solution Group Head

 42.   Sandy Prasetya Hadi               IT & Digital Development Group Head




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  No.                               Name                                       Job Position

  43.      Bayu Hasdianto                  IT & Fraud Risk Group Head

  44.      Arief Sunandar                  IT Application Support Group Head

  45.      Arif Jatmoko                    IT Audit Group Head

  46.      Gatot Prasetyo                  IT Operations Group Head

  47.      M. Misbahul Munir               IT Strategic Planning Group Head

  48.      Netty Susanty                   Legal Group Head

  49.      Kemas Erwan Husainy             Marketing Communication Group Head

  50.      Joni Haryanto                   Micro Business Group Head

  51.      Banjaran Surya Indrastomo       Chief Economist

  52.      Agustini Fitriah                Operations Development Group Head

  53.      Khoirul Huda S Riyadi           Pejabat Pelindungan Data Pribadi

  54.      Indriati Tri Handayani          Policy & Procedure Group Head

  55.      Yuwono                          Procurement & Fixed Asset Group Head

  56.      Mahendra Nusanto S              Executive Business Officer

  57.      Dede Sutisna                    Retail Collection, Restructuring & Recovery Group Head

  58.      Vita Andrianty                  Retail Deposit Solution Group Head

  59.      Agus Subekti                    Retail, Distribution & Digital Banking Audit Group Head

  60.      Wachjono                        Regional CEO

  61.      Syahrial Alrasyid               Regional CEO

  62.      Ari Yusnairy Muslim             Regional CEO

  63.      Gunawan Arief Hartoyo           Regional CEO

  64.      Ricky Rikardo Mulyadi           Regional CEO

  65.      Adjat Djatnika Basarah          Regional CEO

  66.      Fitria Ekayani                  Regional CEO

  67.      Ficko Hardowiseto               Regional CEO

  68.      Jajang Abdul Karim              Regional CEO

  69.      Sukma Dwie Priardi              Regional CEO

  70.      Sylvia Azis                     Senior Human Capital Business Partner 1 Head

  71.      Sufitri Devi                    Senior Human Capital Business Partner 2 Head

  72.      Arjuka                          Senior Operational Risk Head Corporate Center

  73.      Yasrul                          Senior Operational Risk Head Distribution

  74.      Ika Kartika Johan               Senior Operational Risk Head IT

  75.      Zulaicha                        Senior Operational Risk Head Wholesale

  76.      Deden Durachman                 SME & Micro Risk Group Head

  77.      Risqi Widayat                   SME Business Group Head

  78.      Diaz Hartadi                    Strategic Planning & Performance Management Group Head

  79.      Dickman Maulana                 Transaction Banking Retail Group Head

  80.      Fajar Ari Setiawan              Transaction Banking Wholesale Group Head

  81.      Kemal Aditya                    Treasury & Global Market Group Head

  82.      Asri Natanegeri                 Wealth Management Group Head

  83.      Movianto                        Wholesale & Corporate Center Audit Group Head

  84.      Kurniawan Eko Budi P.           Wholesale Collection, Restructuring & Recovery Group Head

  85.      Astridiana Sjamanti             Executive Business Officer

  86.      Cera Wirastuti                  Executive Business Officer

  87.      Ferry Hendrawan                 Executive Business Officer

  88.      Yoana Irawati                   Executive Business Officer




        PT Bank Syariah Indonesia Tbk
134 2024 Annual Report
Page 137
Profile
of Employee

Number of Employees by Gender

Table of Number of Employees by Gender                                                                          (in person)



                      Gender                                   2024                             2023

 Male                                                          10,168                         10,542

 Female                                                         7,066                           7,367

 Total                                                         17,234                         17,909




Number of Employees by Position Level

Table of Number of Employees by Position Level                                                                  (in person)



                                                               2024                             2023
 Position
                          Job Position
  Level
                                                      Male     Female   Total    Male         Female           Total

               Group Head, Regional Head, Project
     N2                                                  69       26       95       75             21              96
               Manager

               Dean, Area Manager, Dept Head,
     N3                                                 371      112      483      352            103            455
               Manager

               Manager, Team Leader & Branch
     N4                                                1,785     578     2,363    1,702           538            578
               Manager, Sec, Head

               Relationship Officer, Branch Manager
     N5                                                3,587    2,189    5,776    3,679         2,148          5,827
               (Cash Outlet Manager), Officer, ODP

     N6        Staff/Executor/Basic Employee           4,356    4,161    8,517    4,734         4,557          9,291

 Total                                                10,168    7,066   17,234   10,542         7,367         16.247




Number of Employees by Age Range

Table of Number of Employees by Age Range                                                                       (in person)



                                                               2024                             2023
                    Age range
                                                      Male     Female   Total    Male         Female           Total

 18-25 Years                                            137      221      358      145            285            430

 26-35 Years                                           3,722    3,870    7,592    4,407         4,483          8,890

 36-45 Years                                           5,077    2,578    7,655    4,867         2,259          7,126

 Above 45 Years                                        1,232     397     1,629    1,123           340          1,463

 Total                                                10,168    7,066   17,234   10,542         7,367         17,909




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Number of Employees by Education Level

Table of Number of Employees By Education Level                                            (in person)



                                                      2024                       2023
                  Level of Education
                                             Male     Female   Total    Male     Female    Total

 Senior High School                             25        4       29       30        6        36

 Diploma                                       829      743     1572      910      810     1,720

 Bachelor                                     8,610    5,993   14,603    8,943    6,257   15,200

 Master                                        693      323     1,016     652      291      943

 Doctor                                         11        3       14        7        3        10

 Total                                       10,168    7,066   17,234   10,542    7,367   17,909




Number of Employees by Employment Status

Table of Number of Employees by Employment Status                                          (in person)



                                                      2024                       2023
                   Employee Status
                                             Male     Female   Total    Male     Female    Total

 Permanent employee and Contract employees   10,168    7,066   17,234   10,220    7,025   17,245

 Outsourcing                                  5,749     994     6,743    5,723    1,243    6,966

 Total                                       15,917    8,060   23,977   15,943    8,268   24,211




         PT Bank Syariah Indonesia Tbk
136 2024 Annual Report
Page 139
Shareholders
Composition

List of Shareholders

Table of List of Shareholders as of January 1, 2024


                                                      Nominal Value of Rp500 per Share
                   Shareholders                                                                             Ownership (%)
                                            Number of Shares (sheets)       Nominal (IDR)

 AUTHORIZED CAPITAL                               80,000,000,000           40,000,000,000,000

 Series A Dwiwarna Shares

   Republic of Indonesia                                       1                         500                        0.00

 Series B Shares

   PT Bank Mandiri (Persero) Tbk                  23,740,608,436           11,870,304,218,000                     51.47

   PT Bank Negara Indonesia (Persero) Tbk         10,720,230,418            5,360,115,209,000                     23.24

   PT Bank Rakyat Indonesia (Persero) Tbk          7,092,761,655            3,546,380,827,500                     15.38

   Public                                          4,575,659,628            2,287,829,814,000                       9.91

 ISSUED AND PAID-UP CAPITAL                       46,129,260,138           23,064,630,069,000                       100

 SHARES IN PORTEPEL                               33,870,739,862           16,935,369,931,000




Table of Shareholders List as of December 31, 2024


                                                      Nominal Value of Rp500 per Share
                   Shareholders                                                                             Ownership (%)
                                            Number of Shares (sheets)       Nominal (IDR)

 AUTHORIZED CAPITAL                                80,000,000,000          40,000,000,000,000

 Series A Dwiwarna Shares

   Republic of Indonesia                                       1                         500                        0.00

 Series B Shares

   PT Bank Mandiri (Persero) Tbk                   23,740,608,436          11,870,304,218,000                     51.47

   PT Bank Negara Indonesia (Persero) Tbk          10,720,230,418           5,360,115,209,000                     23.24

   PT Bank Rakyat Indonesia (Persero) Tbk           7,092,761,655           3,546,380,827,500                     15.38

   Public                                           4,575,659,628           2,287,829,814,000                       9.91

 ISSUED AND PAID-UP CAPITAL                        46,129,260,138          23,064,630,069,000                       100

 SHARES IN PORTEPEL                                33,870,739,862          16,935,369,931,000




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Shareholders Composition by Ownership Status

Shareholder Composition Table Based on Ownership Status as of January 1, 2024


                Shareholders            Number of Shareholders   Number of Shares   Ownership (%)

 National

 Republic of Indonesia                               1                          1        0.00000

 Limited Liability Company                         114            30,928,721,497        67.04795

 Pension Fund                                       61               454,391,398         0.98504

 Foundation                                         18               230,506,592         0.49970

 Mutual Fund                                       173               519,349,956         1.12586

 Insurance                                         134               537,830,296         1.16592

 Cooperative                                         7                  108,100          0.00023

 Indonesian Individual                         127,848             1,143,688,011         2.47931

 Bank                                                3            10,725,230,507        23.25038

 Sub Total                                     128,359            44,539,826,358        96.55439

 Foreign

 Foreign Business Entity                           154             1,587,923,649         3.44233

 Foreign Individual                                 98                 1,510,131         0.00327

 Sub Total                                         252             1,589,433,780         3.44561

 TOTAL                                         128,611            46,129,260,138         100.00%




Shareholder Composition Table Based on Ownership Status as of December 31, 2024


                Shareholders            Number of Shareholders   Number of Shares   Ownership (%)

 National

 Republic of Indonesia                               1                          1       0.00000%

 Limited Liability Company                         112                95,351,406        0.20670%

 Pension Fund                                       61               454,391,398        0.98504%

 Foundation                                         18               230,506,592        0.49970%

 Mutual Fund                                       173               519,349,956        1.12586%

 Insurance                                         134               537,830,296        1.16592%

 Cooperative                                         7                  108,100         0.00023%

 Indonesian Individual                         127,848             1,143,688,011        2.47931%

 Bank                                                5            41,558,600,598       90.09163%

 Sub Total                                     128,359            44,539,826,358      96.55439%

 Foreign

 Foreign Business Entity                           154             1,587,923,649        3.44233%

 Foreign Individual                                 98                 1,510,131        0.00327%

 Sub Total                                         252             1,589,433,780        3.44561%

 TOTAL                                         128,611            46,129,260,138     100.00000%




        PT Bank Syariah Indonesia Tbk
138 2024 Annual Report
Page 141
Composition of the 20 Largest Shareholders

Table of Composition of 20 Largest BSI Shareholders as of January 1, 2024


                                                                                      Number of Shares
 No.                       Investor Name                           Status                                     Ownership (%)
                                                                                         (Sheets)

  1.   PT BANK MANDIRI (PERSERO), Tbk                         Limited Company           23,740,608,436         51.4654004

  2.   PT BNI (PERSERO) TBK-DIVISI PPA                        Limited Company           10,720,230,418         23.2395455

  3.   PT BANK RAKYAT INDONESIA (PERSERO) TBK                 Limited Company            7,092,761,655         15.3758409

  4.   DPLK BANK RAKYAT INDONESIA - SAHAM SYARIAH               Pension Fund              322,783,500            0.6997370

  5.   CITIBANK NEW YORK S/A GOVERNMENT OF NORWAY - 15     Foreign Business Entity        194,799,995            0.4222916

  6.   YAYASAN KESEJAHTERAAN PEKERJA BRI                         Foundation               165,172,842            0.3580652

  7.   JPMCB NA RE-EMERGING MARKETS GROWTH FUNDINC         Foreign Business Entity        164,597,500            0.3568180

  8.   JPMCB NA RE-EMERGING MARKETS EQUITY FUND            Foreign Business Entity        150,182,500            0.3255688

  9.   STATE STREET BANK-SMALLCAP WORLD FUND INC.          Foreign Business Entity        109,635,200            0.2376695

 10.   PT. PRUDENTIAL LIFE ASSURANCE - REF                        Insurance               103,463,446            0.2242903

 11.   JP MORGAN SECURITIES PLC                            Foreign Business Entity         62,472,100            0.1354284

 12.   YAYASAN KESEJAHTERAAN PEKERJA BRI - PROSPENS 3            Foundation                56,039,500            0.1214836

 13.   REKSA DANA SUCORINVEST EQUITY FUND                       Mutual Funds               55,627,000            0.1205894

       JPMSE LUX RE UCITS CLT RE-CAPITAL GROUP EMERGING        Foreign Business
 14.                                                                                       55,274,100            0.1198244
       MARKETS GROWTH FUND (LUX)                                   Entities

       BNYMSANV RE BNYMIL RE BKRK FRONTIERS INVTRUST           Foreign Business
 15.                                                                                       54,925,300            0.1190682
       PLC-2039846679                                              Entities

                                                               Foreign Business
 16.   JPMCB NA RE-JPMORGAN ASEAN FUND                                                     54,336,400            0.1177916
                                                                   Entities

 17.   REKSA DANA ASHMORE SAHAM SEJAHTERA NUSANTARA             Mutual Funds               51,412,221            0.1114525

 18.   SUWANTARA GOTAMA                                     Indonesian Individuals         45,500,000            0.0986359

                                                               Foreign Business
 19.   JPMSE LUX RE UCITS CLT RE-JPMORGAN FUNDS                                            45,000,900            0.0975539
                                                                   Entities

       BBH LUXEMBOURG S/A REDWHEEL FUNDS - REDWHEEL            Foreign Business
 20.                                                                                       44,962,700            0.0974711
       NEXT GENERATION EMERGING MARKETS EQ                         Entities




Table of Composition of 20 Largest BSI Shareholders as of December 31, 2024


                                                                                     Number of Shares
 No.                      Investor Name                          Status                                      Ownership (%)
                                                                                        (Sheets)

  1.   BANK MANDIRI (PERSERO) TBK, PT                       Limited Company           23,740,608,436          51.4654004

  2.   PT BNI (PERSERO) TBK-DIVISI PPA                      Limited Company           10,720,230,418          23.2395455

  3.   BANK RAKYAT INDONESIA (PERSERO) TBK, PT              Limited Company            7,092,761,655          15.3758409

  4.   DPLK BANK RAKYAT INDONESIA - SAHAM SYARIAH             Pension Fund               222,755,500            0.4828942

       CITIBANK NEW YORK S/A GOVERNMENT OF NORWAY -
  5.                                                      Foreign Business Entity        165,439,095            0.3586424
       15

  6.   JPMCB NA RE-EMERGING MARKETS EQUITY FUND           Foreign Business Entity        127,432,800            0.2762516

  7.   JPMCB NA RE-EMERGING MARKETS GROWTH FUNDINC        Foreign Business Entity        123,109,247            0.2668789

  8.   YAYASAN KESEJAHTERAAN PEKERJA BRI                       Foundation                120,921,942            0.2621372




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                                                                                           Number of Shares
 No.                             Investor Name                         Status                                      Ownership (%)
                                                                                              (Sheets)

  9.       SSB HG22 SMALLCAP WORLD FUND INC. -2183964820        Foreign Business Entity        109,635,200           0.2376695

 10.       PT. PRUDENTIAL LIFE ASSURANCE - REF                        Insurance                106,346,346           0.2305399

 11.       SUWANTARA GOTAMA                                      Indonesian Individual         105,000,000           0.2276213

           BBH LUXEMBOURG S/A REDWHEEL FUNDS - REDWHEEL
 12.                                                            Foreign Business Entity         93,847,600           0.2034448
           NEXT GENERATION EMERGING MARKETS EQ

           SSB SBGL SWEDBANK ROBUR GLOBAL EMERGING
 13.                                                            Foreign Business Entity         80,000,000           0.1734257
           MARKETS -2183965441

 14.       JP MORGAN SECURITIES PLC                             Foreign Business Entity         64,810,200           0.1404969

           CITIBANK SINGAPORE S/A ART A/C PUBLIC ASIA ITTIKAL
 15.                                                            Foreign Business Entity         62,606,600           0.1357199
           FUND

           JPMCB NA RE-VANGUARD TOTAL INTERNATIONAL
 16.                                                            Foreign Business Entity         57,726,023           0.1251397
           STOCK INDEX FUND

 17.       YAYASAN KESEJAHTERAAN PEKERJA BRI - PROSPENS 3            Foundation                 54,076,600           0.1172284

           JPMCB NA RE - VANGUARD EMERGING MARKETS STOCK
 18.                                                            Foreign Business Entity         53,769,690           0.1165631
           INDEX FUND

 19.       REKSA DANA SUCORINVEST EQUITY FUND                        Mutual Fund                51,560,800           0.1117746

 20.       CITIBANK HONG KONG S/A KIA -FUND 208                 Foreign Business Entity         51,324,700           0.1112628




Composition of Shareholders With 5% or More Ownership

Table of Shareholders with 5% or More Ownership per January 1, 2024


                             Shareholders                          Number of Shares (sheets)                  Ownership (%)

 PT Bank Mandiri (Persero) Tbk                                            23,740,608,436                          51.47

 PT Bank Negara Indonesia (Persero) Tbk                                   10,720,230,418                          23.24

 PT Bank Rakyat Indonesia (Persero) Tbk                                    7,092,761,655                          15.38

 Total                                                                    41,553,600,509                          90.09




Table of Shareholders with 5% or More Ownership per December 31, 2024


                             Shareholders                          Number of Shares (sheets)                  Ownership (%)

 PT Bank Mandiri (Persero) Tbk                                            23,740,608,436                          51.47

 PT Bank Negara Indonesia (Persero) Tbk                                   10,720,230,418                          23.24

 PT Bank Rakyat Indonesia (Persero) Tbk                                    7,092,761,655                          15.38

 Total                                                                    41,553,600,509                          90.09




         PT Bank Syariah Indonesia Tbk
140 2024 Annual Report
Page 143
Composition of Public Shareholders With Less Than 5% Ownership

Table of Public Shareholder Groups with Less Than 5% Ownership per January 1, 2024


                Shareholders        Number of Shareholders   Number of Shares (Sheets)          Ownership (%)

 National

 Republic of Indonesia                           1                            1                      0.00000

 Limited Liability Company                     114                30,928,721,497                    67.04795

 Pension Fund                                   61                   454,391,398                     0.98504

 Foundation                                     18                   230,506,592                     0.49970

 Mutual Fund                                   173                   519,349,956                     1.12586

 Insurance                                     134                   537,830,296                     1.16592

 Cooperative                                     7                       108,100                     0.00023

 Indonesian Individual                     127,848                 1,143,688,011                     2.47931

 Bank                                            3                10,725,230,507                    23.25038

 Sub Total                                 128,359                44,539,826,358                    96.55439

 Foreign

 Foreign Business Entity                       154                 1,587,923,649                     3.44233

 Foreign Individual                             98                     1,510,131                     0.00327

 Sub Total                                     252                 1,589,433,780                     3.44561

 TOTAL                                     128,611                46,129,260,138                    100.00%




Table of Public Shareholders Composition Holding Less Than 5% per December 31, 2024


                Shareholders        Number of Shareholders   Number of Shares (Sheets)          Ownership (%)

 National

 Republic of Indonesia                           1                            1                        0.00000

 Limited Liability Company                     105                    13,202,748                       0.02862

 Pension Fund                                   69                   417,970,398                       0.90609

 Foundation                                     16                   184,489,885                       0.39994

 Mutual Fund                                   183                   482,446,859                       1.04586

 Insurance                                     151                   444,061,001                       0.96264

 Cooperative                                     9                       399,300                       0.00087

 Indonesian Individual                     119,208                   903,265,377                       1.95812

 Bank                                            6                41,558,600,698                     90.09163

 Sub Total                                 119,748                44,004,436,267                     95.39376

 Asing

 Foreign Business Entity                       245                 2,122,440,594                       4.60107

 Foreign Individual                             98                     2,383,277                       0.00517

 Sub Total                                     343                 2,124,823,871                       4.60624

 TOTAL                                     120,091                46,129,260,138                  100.00000%




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Share Ownership by the Board of Commissioners and Board of Directors

Table of Share Ownership by the Board of Commissioners and Board of Directors of BSI per January 1, 2024


 No.                       Name                                    Position                  Number of Shares   Ownership (%)

 BOARD OF DIRECTORS

   1.     Hery Gunardi                        President director                                 2,210,600          0.005

   2.     Bob Tyasika Ananta                  Vice President Director                              548,400          0.001

   3.     Ngatari*                            Director of Retail Banking                        18,621,200          0.040

   4.     Tribuana Tunggadewi                 Director of Compliance & Human Capital             1,726,600          0.004

   5.     Anton Sukarna                       Director of Sales & Distribution                   1,726,600          0.004

   6.     Ade Cahyo Nugroho                   Director of Finance & Strategy                     1,726,600          0.004

   7.     Zaidan Novari                       Director of Wholesale Transaction Banking            517,900          0.001

   8.     Moh. Adib*                          Director of Treasury & International Banking         527,400          0.001

   9.     Saladin Dharmanugraha Effendi       Director of Information Technology                         -              -

  10.     Grandhis Helmi Harumansyah          Director of Risk Management                                -              -

 BOARD OF COMMISSIONERS

                                              President Commissioner concurrently
   1.     Muliaman Dharmansyah Hadad                                                                     -              -
                                              Independent

                                              Deputy President Commissioner concurrently
   2.     Adiwarman Azwar Karim                                                                          -              -
                                              Independent

   3.     Masduki Baidlowi                    Commissioner                                         822,700          0.002

   4.     Suyanto                             Commissioner                                         822,700          0.002

   5.     Abu Rokhmad                         Commissioner                                               -              -

   6.     Imam Budi Sarjito*                  Commissioner                                         822,700          0.002

   7.     Sutanto*                            Commissioner                                       1,010,100          0.002

   8.     Komaruddin Hidayat                  Independent Commissioner                                   -              -

   9.     Mohamad Nasir                       Independent Commissioner                                   -              -

                                            TOTAL                                               31,083,500          0.028

*Ceased to hold office since May 17, 2024




Table of Share Ownership by the Board of Commissioners and Board of Directors of BSI per December 31, 2024


 No.                       Name                                    Position                  Number of Shares   Ownership (%)

 DIREKSI

   1.     Hery Gunardi                        President director                                 3,354,400          0.007

   2.     Bob Tyasika Ananta                  Vice President Director                            1,134,400          0.002

   3.     Tribuana Tunggadewi                 Director of Compliance & Human Capital             2,280,100          0.005

   4.     Anton Sukarna                       Director of Sales & Distribution                   2,280,100          0.005

   5.     Ade Cahyo Nugroho                   Director of Finance & Strategy                     2,280,100          0.005

   6.     Zaidan Novari                       Wholesale Transaction Banking                      1,071,400          0.002

   7.     Saladin Dharmanugraha Effendi       Director of Information Technology                   343,100          0.001

   8.     Grandhis Helmi Harumansyah          Director of Risk Management                          343,100          0.001

   9.     Ari Rizaldi                         Director of Treasury & International Banking          13,400          0.000

  10.     Harry Gusti Utama                   Director of Retail Banking                                 -              -




        PT Bank Syariah Indonesia Tbk
142 2024 Annual Report
Page 145
 No.                    Name                                   Position                     Number of Shares            Ownership (%)

 BOARD OF COMMISSIONERS

                                           President Commissioner concurrently
  1.     Muliaman Dharmansyah Hadad                                                                          -                      -
                                           Independent

                                           Deputy President Commissioner concurrently
  2.     Adiwarman Azwar Karim                                                                               -                      -
                                           Independent

  3.     Masduki Baidlowi                  Commissioner                                              1,086,400                0.002

  4.     Suyanto                           Commissioner                                              1,086,400                0.002

  5.     Abu Rokhmad                       Commissioner                                               163,500                 0.000

  6.     Fauzi                             Commissioner                                               115,000                 0.000

  7.     Nazaruddin                        Commissioner                                                      -                      -

  8.     Komaruddin Hidayat                Independent Commissioner                                          -                      -

  9.     Mohamad Nasir                     Independent Commissioner                                          -                      -

 10.     Felicitas Tallulembang            Independent Commissioner                                          -                      -

                                       TOTAL                                                        15,551,400                0.032



Until December 2024, there is no indirect share ownership by the Bank's Board of Commissioners and Board of Directors .




Share Ownership by Senior Management

Until December 2024, there is no direct or indirect share ownership by the Bank's Senior Management.




Shareholders Classification

Table of BSI Shareholder Classification per December 31, 2024


             Share Ownership              Number of Shareholders           Number of Shares (Sheets)                Ownership (%)

 Local Institution                                      511                      43,396,138,347                         94.07508%

 Foreign Institution                                    154                       1,587,923,649                          3.44233%

 Local Individual                                  127,848                        1,143,688,011                          2.47931%

 Foreign Individual                                       98                            1,510,131                        0.00327%

 Total                                             128,611                       46,129,260,138                       100.00000%




                                                                                                         PT Bank Syariah Indonesia Tbk
                                                                                                                  2024 Annual Report
                                                                                                                                         143
Page 146
COMPANY
PROFILE




Major
and Controlling Shareholders

The Company has 2 (two) classifications of shares, namely Series A Dwiwarna Shares and Series B Shares. Series A Dwiwarna Shares
totaling 1 (one) share is owned by the Republic of Indonesia (represented by the Ministry of SOEs) and Series B Shares which are
common shares owned by other shareholders.




PT Bank Mandiri (Persero) Tbk
(51.47%)



The majority Series B shareholding of the Bank is held by PT Bank Mandiri (Persero) Tbk, with a share ownership of 51.47%. Accordingly,
the Bank’s Main and Controlling Shareholder is PT Bank Mandiri (Persero) Tbk, and there are no indirect Main and Controlling
Shareholders.




List of Subsidiaries, Associates
and Joint Venture Companies
Until December 31, 2023, BSI does not have any subsidiaries,          ownership; description of the business activities of subsidiaries,
associates, or joint venture companies. Therefore, there is no        associates, and joint venture companies; and the operational
available information regarding: the names of subsidiaries,           status of subsidiaries and/or associates (whether they are
associates, and joint venture companies; percentage of share          operational or not)




     PT Bank Syariah Indonesia Tbk
144 2024 Annual Report
Page 147
Corporate Group
Structure
                                                                   REPUBLIC OF INDONESIA


     SERIES A
                                                                        SERIES B SHARES
 DWIWARNA SHARES




        REPUBLIC OF                      PT Bank Mandiri               PT Bank Negara Indonesia           PT Bank Rakyat Indonesia
         INDONESIA                        (Persero) Tbk                      (Persero) Tbk                     (Persero) Tbk
           1 Share                            51,47%                             23,24%                             15,28%




Until  December 31, 2024, BSI does not have any Subsidiaries, Associates, Joint Ventures, or Special Purpose Vehicles (SPVs).




Banking Group
Information
Banking Group Structure

The Bank's group structure has been presented in the subsection 'Corporate Group Structure'.




Structure of Management                                               Shareholders Acting on
Interconnections Within the Banking                                   Behalf of Other Shareholders
Group
                                                                      There are no shareholders acting on behalf of other shareholders.
Bank BSI is a subsidiary of PT Bank Mandiri (Persero) Tbk. As
of December 31, 2024, Bank BSI does not have any Board of
Directors members who are assigned employees from Bank
Mandiri.



                                                                                                    PT Bank Syariah Indonesia Tbk
                                                                                                             2024 Annual Report
                                                                                                                                    145
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COMPANY
PROFILE




Chronology
of Share Issuance

Chronology of BSI Share Issuance/Listing



                                                                                                                       Nominal Value
 No.        Period                                          Information                                   Share
                                                                                                                           (Rp)


  1.       Before IPO     -                                                                                  -              500

                          Based on the GMS dated March 2, 2018, capital additions have been made in
                          the form of:
                          • Additional capital deposit of Rp 1 trillion.
  2.          2018                                                                                           -              500
                          • The capitalization of retained earnings amounted to Rp 567,381,449. The
                             additional capital resulted in additional parent shares amounting to Rp
                             1,567,381,449

  3.          2018        Initial Public Offering                                                            -              500

  4.          2020        MESOP Stock Exercise                                                               -              534

  5.          2021        Merger – Bank BRI Syariah Tbk., Bank Syariah Mandiri, and Bank BNI Syariah         -              500

  6.          2021        Exercise MESOP shares                                                              -              500

  7.          2021        Exercise MESOP shares                                                              -              500

                                                                                                          Series B
  8.          2022        Capital Increase through Preemptive Rights (Rights Issue)                                         500
                                                                                                       Common Shares




Chronology of Issuance
and/or Listing of Other Securities
BSI Sukuk Table


                                                                                                                        Amount of
                        Description                               Issue Date            Tenor            Currency
                                                                                                                         Sukuk



 Subordinated Mudharabah Sukuk I Year 2016 of PT Bank            November 16,
                                                                                        7 Years             IDR           1 Trillion
 Syariah Indonesia Tbk (formerly PT Bank BRIsyariah Tbk)            2016


 Subordinated Mudharabah Sukuk Year 2016 of PT Bank
                                                              December 22, 2016         7 Years             IDR          375 Billion
 Syariah Indonesia Tbk (formerly PT Bank Syariah Mandiri)

 Long-Term Muqayadah Mudharabah Sukuk Issued Without
                                                              December 26, 2023         12 Years            IDR          3.7 Billion
 Public Offering I PT Bank BSI Tbk Year 2023 Phase I

 Medium-Term Subordinated Mudharabah Sukuk of PT
                                                              December 15, 2023         5 Years             IDR          200 Billion
 Bank Syariah Indonesia Tbk Year 2023




       PT Bank Syariah Indonesia Tbk
146 2024 Annual Report
Page 149
Name of the Exchange Where the Company's Shares Are Listed
All BSI Bank shares have been listed on the Indonesian Stock Exchange.



                                                                             Issued and Paid-up Capital
                              Number of Shares
     Offer Price (Rp)
                               Issued (sheets)          Number of Shares        Total Nominal Value            Total Offer Price
                                                           (sheets)                    (IDR)                         (IDR)

              -                              -             3,958,000,000          1,979,000,000,000                                -




              -                 3,134,762,898              7,092,762,898          3,546,381,449,000                                -




            510                 2,623,350,600              9,716,113,498          4,858,056,749,000             1,337,908,806,000

            533                   184,395,200              9,900,508,698          4,950,254,349,000                98,282,641,600

              -                31,130,700,245             41,031,208,943         20,515,604,471,500                                -

            533                    97,659,800             41,128,868,743         20,564,434,371,500                52,052,673,400

            533                       438,600             41,129,307,343         20,564,653,671,500                   233,773,800

          1,000                 4,999,952,795             46,129,260,138         23,064,630,069,000             4,999,952,795,000




                                                                                                      Rating
        Due date                Profit sharing           Payment Status
                                                                                       2024                          2023

                                                                                                                     A+ (idn)
                                                                                                                    (PT Fitch
    November 16, 2023                 9.5%                    Paid Off                    -
                                                                                                                     Ratings
                                                                                                                   indonesia)

                                                                                                                       AA (sy)
    December 22, 2023                 10%                     Paid Off                    -                          id
                                                                                                                   (PEFINDO)

    December 26, 2035                0.55%                Not yet paid off                -                             -

                                                                                         AA (sy)                       AA (sy)
    December 15, 2028                7.90%                Not yet paid off             id                            id
                                                                                     (PEFINDO)                     (PEFINDO)




                                                                                                   PT Bank Syariah Indonesia Tbk
                                                                                                            2024 Annual Report
                                                                                                                                   147
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COMPANY
PROFILE




                                                                                                                          Amount of
                          Description                             Issue Date               Tenor              Currency
                                                                                                                           Sukuk


 Long-Term Muqayadah Mudharabah Sukuk Issued Without
                                                                March 26, 2024            12 Years                  IDR   7.76 Billion
 Public Offering I PT Bank BSI Tbk Year 2023 Phase II

                                                                                          370 days
 Sustainability-Based Mudharabah Sukuk Sustainable I
                                                                 June 14, 2024             2 years                  IDR    3 Trillion
 Bank BSI Phase I Year 2024
                                                                                           3 years

 Long-Term Muqayadah Mudharabah Sukuk Issued Without
                                                              December 20, 2024           12 Years                  IDR   3.97 Billion
 Public Offering I PT Bank BSI Tbk Year 2024 Phase III




Until  December 31, 2024, BSI has not issued any other securities; therefore, there is no information on the chronology of issuance and/
or listing of other securities.




Information on the Use of Public Accounting (AP)
and Public Accounting Firm (KAP) Services

 Name of
                                          Rintis, Jumadi, Rianto & Partners’ Accounting Office
 Public Accounting Firm

 Association Network                      PwC


 Financial Accounting
                                          Gedung WTC 3, Jl Jend. Sudirman Kav. 29-31, Lantai 34, 36-43, Jakarta 12920
 Firm Address

 AP Name                                  Lucy Luciana Suhenda


 Financial Accounting Firm
                                          4th Period
 Assignment Period

 AP Assignment Period                     1st Period


 Audit Services                                                                                  Audit Fee

 Financial Report Audit                                                                          IDR5.950.000.000

 Non-Audit Services                                                                              Non-Audit Fee

 1. Default Letter & AUP Payment related to the issuance of Sustainability Sukuk                 1. 3,500,000,000
 2. AUP PSA 62 31 December 2024                                                                  2. 100,000,000
 3. AUP Performance Evaluation Results Report 31 December 2024                                   3. 100,000,000
 4. Custodian AUP December 31, 2024                                                              4. 99,000,000




      PT Bank Syariah Indonesia Tbk
148 2024 Annual Report
Page 151
                                                                                                     Rating
     Due date           Profit sharing             Payment Status
                                                                                         2024                      2023

    June 26, 2036           0.55%                    Not yet paid off                     -                           -

    June 24, 2025           6.65%

    June 14, 2026           6.70%                    Not yet paid off                AAA (Pefindo)
                                                                                    Id
                                                                                                                      -

    June 14, 2027           6.80%

  December 26, 2036         0.55%                    Not yet paid off                     -                           -




Institutions
and/or Supporting Professions
                            PT Bursa Efek Indonesia
                            Gedung Bursa Efek Indonesia Tower 1
                            Jl. Jend. Sudirman Kav. 52-53 Jakarta 12190 Indonesia
                            Telp         : (021) 5150515
                            Faks         : (021) 5254153
                            Website      : www.idx.co.id

CAPITAL MARKET              Services Provided: Annual Recording Services
INSTITUTIONS                PT Kustodian Sentral Efek Indonesia
                            Gedung Bursa Efek Indonesia Tower 1 lt.5
                            Jl Jend. Sudirman Kav 52-53 Jakarta 12190 Indonesia
                            Telp        : (021)5152855
                            Faks        : (021)52991199
                            Website     : www.ksei.co.id

                            Services Provided: Securities Administration Management (Shares and Sukuk)



                            PT Datindo Entrycom
                            Jl. Hayam Wuruk No. 28, Lantai 2, Jakarta 10120
                            Telp       : (021)3508077
SECURITIES
                            Faks       : (021)3508078
ADMINISTRATION BUREAU       Website    : www.datindo.com

                            Services Provided: Stock Administration Services




                                                                                                 PT Bank Syariah Indonesia Tbk
                                                                                                          2024 Annual Report
                                                                                                                                 149
Page 152
COMPANY
PROFILE




                                     Ashoya Ratam, S.H., M.Kn.
                                     Jl. Suryo No 54,
 NOTARY PUBLIC                       Kebayoran Baru, Jakarta 12180
                                     Telp        : (021)-29236060
                                     Faks        : (021)-29236070




                                     PT Fitch Ratings Indonesia
                                     Prudential Tower Lantai 20,
                                     Jl. Jend. Sudirman Kav. 79 Jakarta 12910
                                     Telp         : (021) 57957755
                                     Faks         : (021) 57957750
                                     Website      : www.fitchratings.co.id

                                     Services Provided: Company Ratings
 CORPORATE RATING AGENCY             PT Pemeringkat Efek Indonesia (PEFINDO)
                                     Panin Tower - Senayan City, Lantai 17,
                                     Jl. Asia Afrika Lot. 19 Jakarta 10270
                                     Indonesia
                                     Telp          : (021) 72782380
                                     Faks          : (021) 72782370
                                     Website       : www.pefindo.com

                                     Services Provided: Company Ratings



                                     Assegaf Hamzah & Partners
                                     Capital Place Level 36 & 37
                                     Jl. Jend. Gatot Subroto Kav. 18, Jakarta Selatan - 12710
                                     Telp         : (021) 25557800

                                     Hadiputranto Hadinoto & Partners (HHP Law Firm)
                                     Pacific Century Place Level 35, Sudirman Central Bussiness District Lot 10
                                     Jl. Jend. Sudirman Kav 52 - 53, Jakarta Selatan - 12190
                                     Telp         : (021) 29608888

                                     Hotman Paris & Partners
                                     The Kensington Commercial Blok A12
                                     Jl. Bulevard Raya, Kelapa Gading Permai, Jakarta Utara

                                     Karimsyah
                                     Alamanda Tower, Level 27
 LEGAL CONSULTANT                    Jl. TB. Simatupang Kav.23-24, Jakarta Selatan, 12340

                                     Dewan Syam & Partners Law Firm
                                     Jl. Cempaka Putih Raya No. 13A, Cempaka Putih Barat, Cempaka Putih, Jakarta Pusat 10520

                                     James Purba & Partners
                                     Wisma Nugra Santana, 8 Floor, Suite 1205
                                     Jl. Jend. Sudirman, Kav. 7 - 8, Jakarta Pusat - 10220
                                     Telp         : (021) 570 3844

                                     SSF Law Firm and Partners
                                     Gedung Arva Lantai 3
                                     Jl. Cikini Raya No. 60, Jakarta Pusat 10330
                                     Telp         : (021) 3905930

                                     Suhendra & Partners
                                     Jl. Pintu Air V No. 53 G, Kel. Pasar Baru, Kec. Sawah Besar, Jakarta Pusat - 10710
                                     Telp          : 08111573888




                                     PT Bank Negara Indonesia (Persero) Tbk
                                     Gedung Grha BNI
                                     Jl. Jenderal Sudirman Kav. 1, Jakarta Pusat 10220
                                     Telp         : (021) 2511946
 TRUSTEE                             Faks         : (021) 2511214
                                     PT Bank Tabungan Negara Indonesia (Persero) Tbk
                                     Menara 2 BTN
                                     Jl. H. R. Rasuna Said No. 1, Jakarta Selatan 12980
                                     Telp         : (021) 29069999




     PT Bank Syariah Indonesia Tbk
150 2024 Annual Report
Page 153
Awards
and Certifications

Awards

          April 25, 2024                           May 17, 2024                                     May 23, 2024




         Islamic Finance                             Mata Lokal                                     Islamic Global
         News (IFN) 2024                              Award                                         Finance 2024
             Predicate                                Predicate                                           Predicate
    Best Islamic Bank in Indonesia              Best CSR Communications                   Best Islamic Wealth Manager - Indonesia

               Giver                                    Giver                                              Giver
                 IFN                                    Tribun                                      The Digital Banker




          May 23, 2024                             June 13, 2024                                     July 9, 2024




          Islamic Global                          Bisnis Indonesia                      14th Institutional Investor Corporate
          Finance 2024                             Awards 2024                                       Awards 2024
             Predicate                                Predicate                                           Predicate
      Best New Islamic Wealth                       Best Bank Sharia                                    Best Islamic
   Management Product of the Year                  in Indonesia 2024                               Finance Awards 2024

               Giver                                    Giver                                              Giver
          The Digital Banker                        Bisnis Indonesia                               Alpha Southeast Asia




                                 July 9, 2024
                                                                 14th Institutional Investor Corporate
                                                                 Awards 2024
                                                                 Predicate
                                                                 Best Islamic Wealth Management Bank In
                                                                 Indonesia

                                                                 Giver
                                                                 Alpha Southeast Asia




                                                                                                PT Bank Syariah Indonesia Tbk
                                                                                                         2024 Annual Report
                                                                                                                                151
Page 154
COMPANY
PROFILE




               July 24, 2024                               August 7, 2024                              August 22, 2024




         IDX Channel Anugerah                              Katadata Green                   Gerakan Nasional Cakap Keuangan
              ESG 2024                                 Initiative Awards 2024                        (GENCARKAN)
                  Predicate                                     Predicate                                   Predicate
         Major Award in the Financial                         Katadata Green                      Best KEJAR Implementation Bank
           and Investment Sector                          Initiative Awards 2024              in the Sharia Commercial Bank Category

                    Giver                                         Giver                                       Giver
                 IDX Channel                                     Katadata                                      OJK




           September 3, 2024                            September 12, 2024                          September 17, 2024




             7 Most Popular                              Euromoney Awards                          Global Islamic Finance
            Brand of The Year                            fo Excellence 2024                            Award 2024
                  Predicate                                     Predicate                                   Predicate
               Syariah Banking                                  Indonesia's                       GIFA Market Leadership Awards
                  Category                                Best Digital Bank 2024                       (Perbankan Syariah)

                    Giver                                         Giver                                       Giver
                   Jawa Pos                                    Euromoney                                       GIFA




          September 19, 2024                            September 19, 2024                            October 17, 2024




            30 World’s                                     Anugerah ESG                                   Detikcom
 Most Trustworthy Companies 2024                           Republika 2024                                Awards 2024
                  Predicate                                     Predicate                                   Predicate
Kategori Bank Versi Newsweek dari 66 Bank Dunia   Best Practices in Regulation Compliance    Syariah Bank Stock with the Highest Growth

                    Giver                                         Giver                                       Giver
                  Newsweek                                      Republika                                    Detikcom




      PT Bank Syariah Indonesia Tbk
152 2024 Annual Report
Page 155
        October 22, 2024                  September 18, 2024                   November 19, 2024




 Top 20 Financial Institution &             Bisnis Indonesia                    Indonesia Most
   The Fiance Awards 2024                Financial Awards 2024                Reputable Companies
             Predicate                          Predicate                              Predicate
           Top 20 Financial               The Most Efficient Bank                  State Owned Bank
           Institution 2024                   - Bank Syariah                          - Very Good

                Giver                             Giver                                  Giver
             The Finance                      Bisnis Indonesia                            SWA




      November 20, 2024                   November 25, 2024                    December 10, 2024




CNBC Indonesia Communication                    CGPI                         IDX Channel Anugerah
      Strategist Awards                       Award 2024                     Inovasi Indonesia 2024
             Predicate                          Predicate                              Predicate
      Corporate Communication            The Most Trusted Company          Major Award for External Relations
             Strategist                                                   in Wealth Management Performance
                                                  Giver
                Giver                              SWA                                   Giver
                CNBC                                                                  IDX Channel




       December 11, 2024                  December 19, 2024                    December 29, 2024




         CNBC Indonesia                        Kumparan                           Bank Indonesia
          Awards 2024                           Award                                Award
             Predicate                          Predicate                              Predicate
Best in Class Sharia Wealth Management        Impact in Sharia      Best Supporting Syariah Bank for Monetary Control

                Giver                             Giver                                  Giver
                CNBC                            Kumparan                            Bank Indonesia




                                                                              PT Bank Syariah Indonesia Tbk
                                                                                       2024 Annual Report
                                                                                                                153
Page 156
COMPANY
PROFILE




Certification


  December 17, 2021 – December 16, 2024         December 22, 2022 – December 21, 2025                 June 05, 2023 – June 04, 2023




          SNI ISO 37001:                          ISO 37301: 2021 Compliance                        ISO 22301:2019 Business
     2016 Management System                           Management System                           Continuity Management System
          Certification recipient                         Certification recipient                        Certification recipient
       PT Bank Syariah Indonesia Tbk                    PT Bank Syariah Indonesia Tbk                 PT Bank Syariah Indonesia Tbk

                Issued by                                        Issued by                                      Issued by
                 TUV Nord                                         Chesna                                           BSI




  September 12, 2023 – September 11, 2026        October 1, 2023 – September 30, 2026               February 4, 2024 – Februari 3, 2027




             ISO 9001:                                    ISO 9001:                                          ISO 9001:
  2015 Quality Managemet System                2015 Quality Managemet System                      2015 Quality Managemet System
          Certification recipient                         Certification recipient                        Certification recipient
       PT Bank Syariah Indonesia Tbk                    PT Bank Syariah Indonesia Tbk                 PT Bank Syariah Indonesia Tbk
                                                             IT Operation Group                       Operations Development Group

                Issued by                                        Issued by                                      Issued by
                   LRQA                                             BSI                                            BSI




                      March 24, 2024 – March 23, 2027
                                                                  ISO/IEC 27001:2022
                                                                  Information Security Management System
                                                                  Certification recipient
                                                                  PT Bank Syariah Indonesia Tbk
                                                                  Issued by
                                                                  BSI




     PT Bank Syariah Indonesia Tbk
154 2024 Annual Report
Page 157
PT Bank Syariah Indonesia Tbk
         2024 Annual Report
                                155
Page 158
COMPANY
PROFILE




Information
Available on Website

The information on the PT Bank Syariah Indonesia Tbk website complies with the provisions governed by
the Financial Services Authority Regulation No. 8/POJK.04/2015 concerning Issuer or Public Company
Websites, including:




      General Information            Information              Corporate               Corporate Social
     for Issuers and Public               for           Governance Information         Responsibility
           Companies                   investors                                        Information




Providing this information also demonstrates the principle of openness in corporate management, as outlined
in Law No. 14 of 2008, dated April 30, 2008, concerning the Openness of Public Information. The public can
access all of this information by visiting the website www.bankbsi.co.id:




     PT Bank Syariah Indonesia Tbk
156 2024 Annual Report
Page 159
                                                             Menu on the Website

GENERAL INFORMATION                                          www.bankbsi.co.id

Name, address, and contact of head office/representative     www.bankbsi.co.id

A brief history of the company                               https://www.bankbsi.co.id/company-information/tentang-kami

Organizational structure                                     https://www.bankbsi.co.id/company-information/tentang-kami

Ownership structure                                          https://www.bankbsi.co.id/company-information/struktur-kepemilikan

                                                             Profile of Directors & Board of Commissioners: https://www.bankbsi.co.id/company-
                                                             information/direksi-dewan?corporateType=Dewan%20Direksi
Profile of the Board of Directors, Board of Commissioners,   Committee Profile:
Committees and Corporate Secretary                           https://www.bankbsi.co.id/company-information/tata-kelola
                                                             Secretary Profile:
                                                             https://www.bankbsi.co.id/company-information/tata-kelola/sekretaris_perusahaan

                                                             Name and address: Public accountant, securities rater, trustee, securities
Name and address: Public accountant, securities rater,       administration bureau:
trustee, securities administration bureau, Articles of       https://www.bankbsi.co.id/company-information/profil-penunjang
Association documents                                        Dokumen Anggaran Dasar:
                                                             https://www.bankbsi.co.id/company-information/tata-kelola/dokumen/anggaran_dasar

INFORMATION FOR INVESTORS                                    https://ir.bankbsi.co.id/

Public offering prospectus                                   https://ir.bankbsi.co.id/misc/Prospektus/Prospektus-Hijrah.pdf

Annual Report (5 years)                                      https://ir.bankbsi.co.id/annual_reports.html

Financial report                                             https://ir.bankbsi.co.id/financial_reports.html

Information on the General Meeting of Shareholders (GMS)
at least include the agenda items discussed at the GMS,
a summary of the minutes of the GMS, and information on
important dates, i.e., the date of the announcement of the   https://ir.bankbsi.co.id/general_meeting.html
GMS, the date of the GMS invitation, the date of the GMS,
and the date the summary of the minutes of the GMS is
announced

Share Highlights                                             https://ir.bankbsi.co.id/stock_chart_interactive.html

Bonds Highlights                                             https://ir.bankbsi.co.id/bond_info.html

Dividend Information                                         https://ir.bankbsi.co.id/dividend.html

Corporate Action Information                                 https://ir.bankbsi.co.id/corporate_action.html

Material Fact Information                                    https://ir.bankbsi.co.id/regulatory_filings.html

CORPORATE GOVERNANCE INFORMATION                             https://www.bankbsi.co.id/company-information/tata-kelola

                                                             https://www.bankbsi.co.id/company-information/tata-kelola/komite/nominasi&remunerasi
Charter of the Board of Commissioners, Board of Directors,
                                                             https://www.bankbsi.co.id/company-information/tata-kelola/komite/audit
Committees, and Internal Audit Unit
                                                             https://www.bankbsi.co.id/company-information/tata-kelola/komite/pemantau_resiko

Appointment/Dismissal, or vacancy of the Corporate
                                                             https://www.bankbsi.co.id/company-information/tata-kelola/sekretaris_perusahaan
Secretary and supporting information

Internal Audit Charter                                       https://ir.bankbsi.co.id/misc/Piagam-Audit-Intern.pdf

Content of the Code of Conduct                               https://www.bankbsi.co.id/company-information/tata-kelola/dokumen/kode_etik

Appointment and dismissal of the Audit Committee             https://www.bankbsi.co.id/company-information/tata-kelola/komite/audit

Description of the Nomination and Remuneration
                                                             https://www.bankbsi.co.id/company-information/tata-kelola/komite/
Procedure, if the Nomination and Remuneration Committee
                                                             nominasi&remunerasi
has not been established

                                                             https://www.bankbsi.co.id/company-information/tata-kelola/dokumen/kebijakan_
Risk Management Policy
                                                             management_resiko

                                                             https://www.bankbsi.co.id/company-information/tata-kelola/dokumen/whistle_
Mechanism Policy on Violations Reporting System
                                                             blowing_system

Anti-Corruption Policy                                       https://www.bankbsi.co.id/company-information/tata-kelola/dokumen/kebijakan_anti_fraud

CORPORATE SOCIAL RESPONSIBILITY INFORMATION                  https://www.bankbsi.co.id/company-information/csr

Environmental                                                https://www.bankbsi.co.id/company-information/csr

Employment, health, and safety practices                     https://www.bankbsi.co.id/company-information/csr

Social and Community Development                             https://www.bankbsi.co.id/company-information/csr

Product and/or Service Responsibilities and Supporting
                                                             https://www.bankbsi.co.id/company-information/csr
Information




                                                                                                                PT Bank Syariah Indonesia Tbk
                                                                                                                         2024 Annual Report
                                                                                                                                                157
Page 160
MANAGEMENT
DISCUSSION AND
ANALYSIS ON
PERFORMANCE
     PT Bank Syariah Indonesia Tbk
158 2024 Annual Report
Page 161
04




PT Bank Syariah Indonesia Tbk
         2024 Annual Report
                                159
Page 162
MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




Overall, BSI delivered outstanding performance in 2024, surpassing targets in nearly
all key areas, including assets, financing, third-party funds, and net profit. This success
reflects BSI's solid strategy in driving sustainable growth, maintaining asset quality,
and enhancing operational efficiency. With these strong achievements, BSI remains
optimistic about strengthening its position in the Islamic banking industry and
navigating the challenges of 2025.




Economic
Review

Global Economic Analysis

Presenting at World Economic Outlook (WEO) in January                 In 2024, the Israeli-Palestinian geopolitical tension, escalating
2025, the International Monetary Fund (IMF) projected global          into a conflict between several countries in the Middle
economic growth in 2024 at 3.2% year-on-year (yoy), which             East, contributed in retaining global economic growth. The
slightly retarded than the previous year's growth of 3.3% yoy.        conflict among oil-producing regions triggered volatility in the
The slowdown in global economic growth was particularly due           commodity market, especially crude oil. In doing so, the price
to economic recovery in several countries, mainly in the Euro         of Brent crude oil increased in October 2024 due to the shock
Area (EA) and Asia, which was against with initial forecasts.         of the sentiment of geopolitical tensions escalation. However,
                                                                      generally, commodity prices throughout 2024 continuously
Nonetheless, the United States (US) economy grew solidly,             declined, which was in line with adequate supply amid relatively
mainly supported by firm domestic demand that was in line             restrained demand. The relief of supply disruptions due to
with the relief of inflationary pressures. Meanwhile, economic        the decreasing intensity of the Russia-Ukraine conflict also
growth in the EA seemed restrained, though inflation was on a         supported the maintenance of commodity prices.
downward trend. The restrained EA economic growth was mainly
influenced by German’s low-economic growth due to weakening           In accordance to these developments, global inflationary
manufacturing and export sectors, although consumption led            pressures started to decline. Inflation was on a gradual downward
to a recovery trajectory. In line with the EA, China's economic       trend, including in developed countries, such as the US and the
recovery was also hampered by the prolonged property crisis,          EA. However, the risk of inflation required to be alerted for, as it
though a number of expansionary policies had been implemented         was indicated by the increase in inflation that re-occurred in Q4
by the Chinese Government. The increase in China's net exports        of 2024. The downward trend in inflation had been responded by
at the end of the year was unable to offset weak consumption and      central banks in various countries by lowering their benchmark
consumer confidence. India also grew lower than expected as its       interest rates. The European Central Bank (ECB) lowered down
industrial activity declined. In addition, Japan also experienced a   its interest rates in June 2024, followed by the Fed, which
slowdown due to temporary supply disruptions.                         lowered its benchmark interest rate in September 2024. The Fed
                                                                      fund rate (FFR) had fallen by 100 bps throughout 2024.




     PT Bank Syariah Indonesia Tbk
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The interest rate cut initially encouraged capital inflows to               Low inflation accompanied by increasing uncertainty in the
Emerging Markets (EM). However, volatility and uncertainty in               financial market had driven volatility in the Rupiah exchange
global financial markets increased again ahead of the US general            rate. In this condition, domestic monetary policy maintained its
election, in which Trump won the election. This condition                   focus on pro-stability. Bank Indonesia (BI) responded by raising
prompted market concerns regarding protectionist policies in                the BI rate by 25 bps in April 2024 to 6.25%. As global pressures
the US that could re-ignite the trade war and increase import               loosened and the Rupiah exchange rate strengthened, Bank
tariffs, potentially increasing inflation rates again. This has an          Indonesia lowered the BI rate in September 2024 by 25 bps to
impact on expectations of a more gradual FFR cut, encouraging               6.00%. However, the volatility of the Rupiah exchange rate had
capital reversal, and again weakening the exchange rates of                 increased due to geopolitical and global economic uncertainty
several countries.                                                          resulting from political developments in the US, so the focus of
                                                                            monetary policy directed at strengthening the stability of the
On the other hand, the uncertainty caused by the escalation                 Rupiah exchange rate. The BI rate is maintained at 6.00% until the
of geopolitical tensions and various other events increases the             end of the year. In addition, BI also continues to implement the
demand for safe haven assets, especially gold. This has an impact           triple intervention policy to maintain the stability of the Rupiah
on the increase in gold prices quite significantly throughout               exchange rate, including through optimization of Bank Indonesia
2024.                                                                       Rupiah Securities (SRBI), Bank Indonesia Foreign Currency
                                                                            Securities (SVBI), and Bank Indonesia Foreign Currency Sukuk
Source: World Economic Outlook International Monetary Fund, January 2025,
Bloomberg                                                                   (SUVBI) to attract inflow in the secondary market.


                                                                            Contrastingly, nonresidents (foreign investors) recorded their
                                                                            inflows in the Government Securities (SBN) and stock markets.
National Economic Analysis                                                  Outflows occurred in the SBN market in Q1-2024 and in the
                                                                            stock market in Q2-2024, while, in Q3-2024, both markets
Amidst the escalating pressure of global economic geopolitical              experienced consistent inflows. However, the outflow trend in
tensions, the Indonesian economy showed resilience that grew                both the stock and SBN markets re-occurred in Q4-2024, which
steadily in 2024, by 5.03% yoy. This growth was mainly driven by            was in accordance with increasing global uncertainty due to US’
domestic demand, which was robust during the contraction of                 post-election political conditions.
net exports and in line with the decline in commodity prices and
                                                                            Sources:
the global economic slowdown. Although domestic economic                    - Official Statistics News, Statistic Central Bureau, February 2025
growth was also slightly restrained due to the decline in external          - QIV-Monetary Policy Review, Bank Indonesia, February 2025

demand, as reflected in the contraction of the manufacturing
Purchasing Managers' Index (PMI) from the beginning of Q3-
2024 to November 2024, consumer confidence and retail sales                 National Banking Industry Analysis
growth remained strong. Which was in accordance with the
resilience of domestic demand.                                              The dynamics of monetary policy changes throughout 2024 also
                                                                            affected the growth of national banking. Amidst pro-stability
Maintaining domestic demand was sustained by low and                        monetary policy with a 25 bps increase in the BI Rate in April
controlled inflation during 2024, so it supported people's                  2024, the performance of the national banking industry was
purchasing power. The decline of the 2024 inflation was mainly              resilient. This condition was supported by pro-growth macro-
driven by the relief of El Nino impact so that food supply was              prudential policies and maintained performance from business
controlled. In addition, the adjustment of fuel prices (BBM) in             actors amid uncertainty
line with the decline in world oil prices as well as the policy of
reducing airplane and train ticket prices, also contributed to the          During 2024, the stability of the national banking sector was
decline in inflation. Moreover, the increase in global gold prices          maintained amidst global and domestic economic dynamics.
pushed up domestic gold and jewelry prices, so it drove core                Banking intermediation performance continuously recorded
inflation.                                                                  positive growth with controlled risks. Banking Third Party Funds
                                                                            (DPK) were recorded growing by 4.49% yoy to IDR8,998 trillion,
Domestic investment also supported economic growth. Fiscal                  with demand deposits rising by 3.34% yoy, savings increasing
discipline that was maintained amid additional programs in                  by 6.76% yoy, and deposits expanding by 3.52% yoy. Banking
the new government endorsed positive sentiment to attract                   liquidity remained adequate. It was reflected in the Liquid
investment. In addition, although external sector performance               Assets/Non-Core Deposit (AL/NCD) ratio of 112.87% and Liquid
was relatively restrained, external resilience was maintained.              Assets/Third Party Funds (AL/ DPK) of 25.59%, beyond the set
It was seen from the trade balance, which recorded a surplus                threshold. In addition, the Liquidity Coverage Ratio (LCR) was
throughout the year and adequate foreign exchange reserves.                 recorded at 213.23%, indicating good liquidity resilience. The
                                                                            availability of adequate liquidity supported the growth of bank
                                                                            credit/financing. A number of BI macroprudential policies, such




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MANAGEMENT DISCUSSION
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as the Macroprudential Liquidity Incentive Policy (KLM), was                               Sharia banking liquidity was adequate, that was reflected in the
enhanced in 2024 to encourage loan/financing to priority sectors                           Liquid Assets/Non-Core Deposit (AL/NCD) ratio of 154.52% and
(including down-stream, housing, tourism, and the creative                                 Liquid Assets/Third Party Funds (AL/DPK) of 32.09%, beyond
economy) and increase financial inclusion and the green financial                          the minimum limit. The Capital Adequacy Ratio (CAR) of sharia
economy.                                                                                   banking was recorded at 25.30%. Sharia banking profitability was
                                                                                           maintained with a Return on Assets (ROA) of 2.04%. Financing
As of December 2024, banking credit grew 10.30% yoy, reaching                              risk remained under control, with a gross Non-Performing
IDR7,995 trillion. Investment credit was the main driver with                              Financing (NPF) ratio of 2.12% and a net NPF of 0.79%. Sharia
a growth of 13.56% yoy, consumer credit raised 10.56% yoy,                                 banking continuously adapted to affirm the sharia financial
and working capital credit developed 8.24% yoy. Credit quality                             ecosystem through various strategic policies.
remained under control, with a gross Non-Performing Loan
(NPL) ratio of 2.26% and a net NPL of 0.74%. Loan at Risk (LaR)                            To strengthen the competitiveness and development of sharia
showed improvement with a decline to 9.28%, which was lower                                banking, OJK had set five key focuses for the development of
than before the pandemic (9.93% in December 2019). Banking                                 sharia banking for the 2024–2025 period. The focus included
profitability was also maintained, where Return on Assets (ROA)                            the consolidation of sharia banks, the establishment of the Sharia
reached 2.67%. Meanwhile, banking capital remained firm with a                             Financial Development Committee (KPKS), and the preparation
Capital Adequacy Ratio (CAR) of 26.69%, providing a sufficient                             of guidelines for product innovation, strengthening the role of
benchmark in dealing with global uncertainty.                                              sharia banks in the sharia economic ecosystem, and increasing
                                                                                           the contribution of sharia banks in the development of MSMEs.
Source: Indonesian Banking Statistics, December 2024, Financial Services Authority
(OJK), February 2025                                                                       To support this strategy, OJK launched three new product
                                                                                           guidelines, which were designed to expand and strengthen
                                                                                           the sharia banking product portfolio. The guidelines included
                                                                                           Mudarabah Financing Products, Implementation of Sharia
Sharia Banking Industry Analysis                                                           Restricted Investment Accounts (SRIA) with the Mudharabah
                                                                                           Muqayyadah contract, and Implementation of Cash Waqf Linked
During 2024, sharia banking displayed positive growth. Total                               Deposits (CWLD). These guidelines were expected to encourage
sharia banking assets reached IDR980.29 trillion, growing 9.88%                            innovation, increase competitiveness, and strengthen the
yoy with a market share of 7.72% in December 2024. Sharia                                  position of sharia banking in the national market.
financing also increased 9.92% yoy to IDR643.55 trillion, while
                                                                                           Source: Indonesian Banking Statistic, December 2024, Financial Services Authority
Third Party Funds (DPK) grew 10.09% yoy to IDR753.6 trillion.                              (OJK), February 2025




Analysis of BSI Position In the Banking Industry

The comparison of BSI's performance with the Islamic banking industry and the overall banking industry is presented as follows:


Table of Banking Industry, Islamic Banking Industry, and BSI Performance                                                                                             (in billion)


                                   Banking Industry                                  Sharia Banking Industry                                      BSI

                     December        December                            December         December                          December         December
 Performance                                             Growth                                               Growth                                            Growth
                       2024            2023                                2024             2023                              2024             2023

                      millions         millions             %             millions         millions             %             millions        millions              %

 Assets              12,690,663       11,983,999           5.90%           980,295          892,163            9.88%           408,613         353,624            15.55%

 Financing            7,994,621        7,248,059         10.30%            643,546          585,461            9.92%           278,481         240,316            15.88%

 Funding              8,997,539        8,611,108           4.49%           753,599          684,519           10.09%           327,454         293,776            11.46%

Source:
- Indonesian Banking Statistic, December 2024, Financial Services Authority (OJK), February 2025 (analyzed)
- BSI Financial Statements as of December 2024 (analyzed)




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Chart of Banking Industry, Sharia Banking Industry, and BSI Performance Growth                                                        (In %)




  18.00%

  16.00%                                15.55%                                      15.88%

  14.00%

  12.00%                                                                                                                     11.46%
                            9.88%                          10.30%       9.92%                                    10.09%
  10.00%

   8.00%
                 5.90%
   6.00%
                                                                                                       4.49%
   4.00%

   2.00%

   0.00%
                             Asset                                     Financing                               Funding/TPF
                         Banking Industry                        Sharia Banking Industry                            BSI



The performance of both Sharia Banking Industry and BSI                  2. Financing
showed positive growth based on the financial statements as of              The banking industry showed a financing growth of 10.30%,
December 2024 than financial statements as of December 2023.                from IDR7,248,06 trillion in 2023 to IDR7,994,62 trillion
This data covered five key indicators, such as assets, financing,           in 2024. The sharia banking industry recorded an increase
and funding, with a focus on annual growth (yoy). The sharia                of 9.92%, from IDR585,46 trillion to IDR643,55 trillion,
banking industry experienced a significant increase, with asset             indicating an increase in fund distribution by sharia banks,
growth of 9.88%, financing of 9.92%, and funding of 10.09%.                 although it was lower than conventional banks. BSI recorded
This increase reflected the increasing role of sharia banking in            the highest financing growth, at 15.88%, from IDR240,32
the national economy. BSI recorded higher growth than the                   trillion to IDR278,48 trillion. It was more aggressive
average sharia banking industry, mainly in assets of 15.55%,                expansion than the sharia banking industry, in general.
financing of 15.88%, and net profit, which soared at 22.83%. It          3. Funding
indicated success in expanding business, increasing operational             The banking industry recorded a 4.49% growth in DPK, from
efficiency, and optimizing financial strategies. Overall, sharia            IDR8,611.11 trillion to IDR8,997.54 trillion. Meanwhile, the
banking continuously grew with a positive trend, and BSI had                sharia banking industry recorded an increase of 10.09%,
succeeded in strengthening its position as the market leader in             from IDR684.52 trillion to IDR753.60 trillion, indicating
the Indonesian sharia banking industry. The following is a further          a higher level of trust in sharia banks in raising funds. BSI
analysis based on the presented data.                                       documented an 11.46% increase in DPK, from IDR293.78
1. Assets                                                                   trillion to IDR327.45 trillion, representing strong liquidity
     The banking industry recorded an asset growth of 5.90% from            growth.
     IDR11,983.99 trillion in December 2023 to IDR12,690.66
     trillion in December 2024. Then, the sharia banking industry        Overall, the national banking industry experienced positive
     experienced an increase of 9.88%, from IDR892.16 trillion           growth in 2024 with a soundness expansion rate. Sharia banking
     to IDR980.30 trillion. This growth was higher than the              grew more rapidly in several aspects, especially in fundraising
     conventional banking industry. BSI recorded an asset growth         and financing. BSI, the largest Sharia Bank in Indonesia, showed
     of 15.55%, which was higher than the average sharia banking         a more aggressive performance with higher growth than the
     industry. It indicated a more aggressive performance in             average sharia banking industry. The high increase in equity and
     business expansion.                                                 net profit at BSI showed the success of the expansion strategy
                                                                         and increased profitability.




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MANAGEMENT DISCUSSION
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Operational
Review

Bank Strategy

To encourage the development of business capabilities and            To support the implementation of the 5 (five) strategic focuses,
achievements, the strategic focus implemented by BSI in 2024         BSI strengthened fundamental enablers, such as strengthening
was as follows:                                                      organizational management, stabilization and upgrading Core
1. Sustainable and Soundness Business Growth                         Banking, improving IT cybersecurity, strengthening network and
    BSI continuously implemented strategies that had                 information security, developing and operating IT, collaborating
    provided added value to the bank's performance, such as          with third parties to meet the criteria for ensuring data security
    managing financing growth in a sustainable and soundness         and confidentiality, preparing Business Continuity Management
    manner, by targeting segments that had good quality with         (BCM) procedures, and implementing the principles of
    optimal returns, such as consumers, pawnshops, and gold          Environmental, Social, Governance, Risk and Compliance (ES-
    installments. BSI also strengthened funding by increasing        GRC) to support the Sustainable Development Goals (SDG).
    payroll acquisitions, Wadiah savings, business savings, and
    hajj savings as well as increasing fee-based income.             In order to work on the potential of the global market, BSI
2. DPK Optimization and Liquidity Management                         established a Branch Office in Dubai. In addition, BSI planned
    To maintain liquidity at an optimal level with maintained        to open a network of overseas offices in Saudi Arabia with
    profitability, BSI implemented a retail fund expansion           the aim of optimizing the hajj and umrah business. As one of
    strategy, especially in savings products, maintaining the        the strategies for optimizing long-term liquidity, BSI issued
    concentration of core depositors, and exploring other            sustainable securities up to IDR10 trillion, which were issued
    funding opportunities, such as Sukuk issuance.                   periodically according to the Bank's needs. Moreover, BSI
3. Ecosystem Penetration                                             explored opportunities for inorganic growth, including through
    BSI accelerated business growth by focusing on penetration       integration with sharia business units, collaboration with third
    in 6 (six) leading ecosystems, including household, education,   parties, such as joint ventures, strategic partnerships, and equity
    spiritual and charity, government spending, healthcare, and      participation.
    investment by offering products and services, which met
    customer needs.
4. Digital and Transaction Banking                                   Marketing Aspect
    BSI continuously improved digitalization in the banking
    business by increasing active mobile banking users, shifting     Marketing Strategy
    transactions from branches to electronic and digital channels,
    and digitalizing business processes to accelerate customer       Heading into its 4th (fourth) year of post-merger of the three
    service SLAs and increase the Bank's fee-based income.           largest sharia banks in Indonesia, such as Bank Syariah Mandiri,
    In addition, BSI strived to implement a customer-centric         BSI Syariah, and Bank BRI Syariah, Bank Syariah Indonesia (BSI)
    organization by understanding customer profiles better so        sharpens its presence to be the main choice of sharia bank for
    that it can provide more comprehensive product and service       Indonesian, having taking side by side with other commercial
    solutions through strengthening data analytics, increasing       banks. BSI's presence, which is easy to find both offline and online
    digital adoption, and intensifying existing customers.           as well as through promotional materials and advertisements,
5. Efficiency and Productivity Enhancement                           has made BSI increasingly well-known in the community.
    BSI continued network arrangement, especially arrangement
    of office networks that were overlapping, equal distribution     Currently, BSI has launched a new superapp, such as Byond
    of locations (coverage), and evaluation of low-performing        by BSI, which provides convenience for customers in making
    offices. To increase employee productivity, BSI redeployed       transactions and using banking services. In 2024, BSI targeted
    its employees from support/service/operation units to            Brand Equity growth to 0.9 and Brand Awareness to 21%
    business units accompanied by upskilling and reskilling of
    employee capabilities.




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The 2024 strategic focus continuously implemented as the                b. BSI Mitraguna Berkah
realization of sustainability from the previous year's strategy:           BSI Mitraguna Berkah products had a more specific
1. Mapping Customer                                                        business target, such as the Fixed Income Group
    Mapping Customer was divided into two, such as target                  (Golbertap), in this case especially the State Civil
    business and target audience.                                          Apparatus (ASN), SEO Employees, and Private
    a. Target business was a customer segment that was                     Employees. Promotional activities were more direct
         expected to generate a higher contribution margin such            marketing and used targeted media. Below The Line
         as State Civil Apparatus (ASN), SEO Employees, Retirees,          (BTL) promotional activities included direct visits to
         Hospital Ecosystems, MSMEs and Professionals.                     customers or to work units (satker) of related agencies,
    b. Target audience was a group of people, who were the key             implementation of mini expo events by taking themes
         targets of communication, including Gen Z, Millennials.           that were beneficial to employees. Meanwhile, Above
2. Mapping Product Champion                                                The Line (ATL) promotions were carried out through
    BSI conducted a marketing strategy by creating a house of              office lift branding and for digital promotions using
    strategy, such as brand strengthening and business growth              influencer marketing that was in accordance with the
    through two pillars of strategy, such as product heroes and            niche audience (collaboration with KOLs) and digital ads
    socialization. The following are product heroes that were the          with audience targeting.
    focus of the 2024 marketing strategy as follows:                    c. BSI Griya dan BSI Oto
    a. BSI Mobile                                                          BSI Griya and BSI Oto products were financing products
    b. BYOND by BSI                                                        with a target audience that had an interest in property
    c. Cicil Emas dan Gadai Emas                                           and automotive. Promotional activities were through
    d. BSI Griya                                                           Below The Line (BTL) include creating mini expos in
    e. BSI Mitraguna Berkah                                                malls and sponsorship programs, such as BSI Oto's
3. Integrated Marketing Communication (IMC)                                participation in the 2024 Gaikindo Jakarta Auto Week
    IMC was carried out based on customer mapping and                      event. Meanwhile, Above The Line (ATL) promotions
    product champion mapping strategies. The ‘hero product’                were carried out through office lift branding and for
    campaign activity was conducted according to the target                digital promotions using influencer marketing such as
    audience and business target that has been set. The IMC                Bapak2.id at the 2024 Gaikindo Jakarta Auto Week
    approach was implemented through integrated promotional                event and digital ads that target the interests of the
    activities, such as the #LevelUpRamadanmu campaign and                 target audience.
    the BYOND by BSI campaign.                                          d. BSI Cicil Emas dan Gadai Emas
    a. BSI Mobile #LevelUpRamadanmu                                        BSI Cicil Emas and Gadai Emas products had a target
         The #LevelUpRamadanmu campaign promoted BSI                       audience in the suburbs and rural areas. To reach the
         Mobile and BSI Card products with the target audience             target audience, promotional activities were carried out
         of Gen Z and Millennials. A series of promotional                 through Above The Line (ATL), such as radio in cities that
         activities were carried out starting from Above The               were the target of promotion and can reach rural areas.
         Line (ATL) through television media, newspapers/               e. BYOND by BSI
         magazines, videotron/OOH on public transport and                  The latest SuperApp from BSI, BYOND by BSI, had
         Eid homecoming routes, and radio in targeted cities.              a target audience of Gen Z and Millennials like BSI
         Then Below The Line (BTL) through offline events                  Mobile. To drive awareness of BYOND by BSI during
         BSI Gema Ramadan (open booths at Mosques) and                     the launching phase, promotional activities were
         BSI Homecoming Service Posts (open booths at Eid                  carried out through Above The Line (ATL), Below The
         homecoming rest areas), and supported by digital                  Line (BTL) and digital marketing. Above The Line (ATL)
         marketing activities through influencer marketing, such           promotion was carried out through out of home media,
         as using brand ambassadors comprising of Halilintar and           such as branding public transport and LED roadside at
         Aurel Hermansyah and collaboration with KOLs, such as             strategic locations in the capital city, branding landmarks
         the owner of Bittersweet By Najla to create Ramadan               in big cities, branding BSI branch offices, branding cars
         hampers (brand ambassadors and KOLs), Over The Top                and transportation buses, and videotrons/billboards
         (OTT), digital ads, publishers, and social media activation.




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       in strategic cities. In addition, ATL promotion was                                   was a forum for education and collaboration, presenting
       carried out through sponsorship of television programs,                               workshops, sharia financial product exhibitions, and talk
       newspapers/magazines, and radio. SuperApp BYOND by                                    shows with experts. To support MSMEs empowerment,
       BSI was closely related to digital media, so promotional                              BSI had launched programs, such as BSI Entrepreneurial
       activities through digital marketing were carried out                                 Talent and Aceh Muslim Preneur. Both were designed
       through various social media ads platforms, digital ads,                              to empower MSMEs through sharia business training,
       publishers, Over The Top (OTT), WhatsApp blast, and                                   business mentoring, and access to Islamic financial products.
       influencer marketing. Influencer marketing is carried out                             Through this step, BSI played an active role in building an
       using the Collaboration of KOLs and brand ambassadors                                 inclusive Islamic economic ecosystem, while supporting the
       of BSI, including Atta Halilintar - Aurel Hermansyah,                                 growth of MSMEs as an important pillar of the Indonesian
       Ragnar Oratmangoen, and Titi Kamal - Christian Sugiono.                               economy. These various initiatives were some examples of
       Promotion through Below The Line (BTL) was carried                                    BSI's commitment to improve Sharia financial literacy and
       out with the BYOND by BSI and BYONDay launching                                       inclusion in Indonesia. Furthermore, BSI hoped that these
       events at the car free day event in Jakarta. In addition,                             major initiatives could grow BSI brand in the future.
       mall activation was carried out at 6 (six) malls in Jakarta                        5. Brand Ambassador
       to ease the target audience to activate their BYOND by                                Brand ambassadors were used to increase brand awareness
       BSI accounts.                                                                         and product awareness of the audience towards BSI.
4. Event and Activation                                                                      Currently, BSI had content creators Atta Halilintar, Aurel
   As the largest sharia bank in Indonesia, BSI continuously                                 Hermansyah and Football Athlete Ragnar Oratmangoen as
   committed to improve sharia financial literacy and inclusion                              brand ambassadors, who actively promoted BSI products.
   by actively participating in regulatory events, such as events                            The use of brand ambassadors had succeeded in increasing
   organized by Bank Indonesia (BI) and the Financial Services                               impressions and audience engagement on digital media and
   Authority (OJK), to introduce sharia financial services to                                enhancing business achievements, such as BSI Tabungan Haji
   the public. Additionally, BSI also held large-scale signature                             and Kurban products, which increased after being promoted
   events, such as the BSI International Expo, which supported                               by Ragnar Oratmangoen.
   the strengthening of the Sharia Ecosystem. This event



Market Share

BSI, a sharia bank, specifically has competition with all sharia banks and generally deals competition with all banks in Indonesia in
determining market dominance. The business competition can be seen based on assets, financing, funding.


Table of BSI Market Share compared to Sharia Banking Industry                                                                                 (in IDR billions)



                                                                                                                                           Increase/
   Sharia Banking Industry Market Share                                 Detail                  December 2024      December 2023
                                                                                                                                           Decrease

                                                           BSI                                        408,613          353,624               54,989

 Assets                                                    Sharia Banking Industry                    980,295          892,163               88,132

                                                           Market Share                                41.68%           39.64%               2.05%

                                                           BSI                                        278,481          240,316               38,165

 Financing                                                 Sharia Banking Industry                    643,546          585,461               58,085

                                                           Market Share                                43.27%           41.05%               2.23%

                                                           BSI                                        327,454          293,776               33,678

 Funding/DPK                                               Sharia Banking Industry                    753,599          684,519               69,080

                                                           Market Share                                43.45%           42.92%               0.53%
Source:
- Indonesian Banking Statistic, December 2024, Financial Services Authority (OJK), February 2025 (analyzed)
- BSI Financial Statements as of December 2024 (analyzed)




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Chart of BSI Market Share compared to Sharia Banking Industry as of December 2024                                                      (In %)



                 ASSET                                       FINANCING                                      FUNDING/TPF

                              41.68%                                            43.27%                                       43.45%




   58.32%                                          56.73%                                          56.55%


                                                       BSI      Sharia Banking Industry




Chart of BSI Market Share compared to Sharia Banking Industry as of December 2023                                                      (In %)



                 ASSET                                       FINANCING                                      FUNDING/TPF

                              39.64%                                            41.05%                                       42.92%




   60.36%                                          58.95%                                          57.08%


                                                       BSI      Sharia Banking Industry




In 2024, BSI showed solid performance with an increase in
market share in terms of assets, financing, and DPK.
- BSI's asset market share in December 2024 reached                      -    BSI's DPK market share reached 43.45% in December
    41.68%, which increased than December 2023 of 39.64%.                     2024, which increased from December 2023 of 42.92%.
    BSI's assets grew yoy to IDR54.99 trillion, reflecting BSI's              BSI had successfully maintained the stability of fundraising
    effective strategy in increasing capacity and competitiveness             with product innovation strategies and increased customer
    in the sharia banking industry.                                           trust through better services. This was in line with the
- BSI's financing market share also recorded significant growth,              development of digital services that continued to be a
    reaching 43.27% in December 2024. This figure increased                   priority, including the launch of new features on Superapps
    from 41.05% in December 2023. This showed BSI's success                   BYOND by BSI that facilitated transactions and increase
    in expanding its financing portfolio to strategic sectors that            customer convenience in performing banking activities.
    supported the growth of the sharia economy in Indonesia.




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MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




Table of BSI Market Share compared to Banking Industry                                                                                     (in IDR billions)



                                                                                                                                      Increase/
        Banking Industry Market Share                                   Detail                   December 2024       December 2023
                                                                                                                                      Decrease

                           (1)                                             (2)                              (3)           (4)         (5) = (3)-(4)

                                                           BSI                                             408,613       353,624         54,989

 Assets                                                    Banking Industry                         12,690,663         11,983,999       706,664

                                                           Market Share                                     3.22%             2.95%       0.27%

                                                           BSI                                             278,481       240,316         38,165

 Financing                                                 Banking Industry                           7,994,621         7,248,059       746,562

                                                           Market Share                                     3.48%             3.32%       0.17%

                                                           BSI                                             327,454       293,776         33,678

 Funding/DPK                                               Banking Industry                           8,997,539         8,611,108       386,431

                                                           Market Share                                     3.64%             3.41%       0.23%
Source:
- Indonesian Banking Statistic, December 2024, Financial Services Authority (OJK),
   February 2025 (analyzed)
- BSI Financial Statements as of December 2024 (analyzed)



Chart of BSI Market Share compared to Banking Industry as of December 2024                                                                            (In %)




                     ASSET                                                  FINANCING                                         FUNDING/DPK

                                      3.22%                                                      3.48%                                   3.64%




    96.78%                                                       96.52%                                              96.36%


                                                                     BSI         Sharia Banking Industry



Chart of BSI Market Share compared to Banking Industry as of December 2023                                                                            (In %)




                     ASSET                                                  FINANCING                                         FUNDING/DPK

                                      2.95%                                                      3.32%                                   3.41%




    97.05%                                                       96.68%                                              96.59%


                                                                     BSI         Sharia Banking Industry




       PT Bank Syariah Indonesia Tbk
168 2024 Annual Report
Page 171
Amidst the tight competition in the sharia banking industry,                  -    BSI's financing market share in December 2024 reached
BSI also has competition with all national banks in Indonesia. In                  3.48%, increasing from the same period in 2023 of 3.32%
2024, BSI showed solid performance with an increase in market                      and indicating growth from the previous year because BSI
share in three main indicators, such as assets, financing, and                     expanded its financing portfolio to strategic sectors that
DPK.                                                                               supported the growth of the sharia economy in Indonesia.
- BSI's market share based on assets in the national banking                  -    BSI's DPK market share reached 3.64% in December 2024,
    industry reached 3.22% in December 2024, increasing                            improving from the same period in 2023 of 3.41%. This
    than the same period in 2023. This increase reflected BSI's                    achievement illustrated BSI's success in maintaining the
    effective strategy in increasing capacity and competitiveness,                 stability of fund collection through product innovation and
    though it was in the mid of tight competition with the                         increasing customer trust.
    national banking industry.


Cutsomer Complaints Management

Procedures for BSI customer complaints management can be seen below:


Customer Complaint Handling
                                                                                                        Customers can submit complaints verbally
Bank Syariah Indonesia                                                                                  through BSI Call 14040 and receive a
                                                                                                        complaint reference number. Written
                                                                          1                             complaints can be submitted through all
                                                                                                        Bank Syariah Indonesia branch offices, the
                                                                                                        Head Office, BSI Mobile, BYOND by BSI,
                                                                                                        and email: contactus@bankbsi.co.id.




                                                                                                        Customer complaints will be processed
                                                                          2                             by Bank Syariah Indonesia's complaint
                                                                                                        handling unit.




                                                                                                        Customers will receive a resolution update
                                                                                                        within a maximum of 10 working days,
                                                                          3
                                                                                                        which may be extended for another 10
                                                                                                        working days if necessary.



  Complaint Submission Requirements

         Types of Customer
                                                                    Customer                              Customer Representatives
            Complaints


  Verbal Complaints                                    Required Documents:                               Not allowed
  (BSI Call 14040)                                     • Valid customer identification
                                                       • Other supporting documents related to
                                                         the complaint


  Written Complaints                                                                                     Required Documents
  Branch Offices, Head Office, Letter,                                                                   • Original and photocopy of the
  Email: contact us@bankbsi.co.id, BSI Mobile.                                                             representative’s valid identification
                                                                                                         • Stamped power of attorney stating that
                                                                                                           the customer grants authority to an
                                                                                                           individual, institution, or legal entity to act
                                                                                                           on their behalf
                                                                                                         • Other supporting documents related to
                                                                                                           the complaint




   "Customers may also submit complaints through the Alternative Dispute Resolution Institution (LAPS), Bank Indonesia's mediation services, or the
              Financial Services Authority (OJK) if the complaint has already been attempted to be resolved by Bank Syariah Indonesia."




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MANAGEMENT DISCUSSION
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In 2024, there were 359,280 complaints across various transaction types, consisting of 8,390 complaints related to external crimes, 12,357
product-related complaints, and 338,533 complaints concerning processes/transactions and facilities, all of which have been resolved.


Table of Complaints Management Publication

                                            Completed                      On Process                Not Completed
           Type of financial                                                                                                  Number of
 No
             transaction                                                                                                      Complaints
                                    Number       Percentage        Number          Percentage    Number       Percentage

  1.     External Crimes                 8,390          2.34%          -                -            -              -              8,390

  2.     Products                       12,357          3.44%          -                -            -              -             12,357

         Processes/Transactions
  3.                                   338,533         94.23%          -                -            -              -           338,533
         and Facilities

 Total                                 359,280     100.00%             -                -            -              -           359,280




Operational Review Per Business Segment

The discussion of performance per segment in this annual report is prepared in accordance with the “segment information” notes
presented in BSI’s Audited Financial Statements.



                                                                Business Segment




                                                                 Organizational                                         Treasury Banking
   Corporate Banking              Commercial Banking                                             Retail
                                                                  Relationship                                           and Head Office




In 2022, the Bank implemented changes to the presentation of operating segments used in the internal management performance
report. The Bank had identified and disclosed financial information based on the main business segments, which were divided into
Corporate Banking, Commercial Banking, Institutional Relations, Retail, and Treasury Banking and Head Office groups.


Business Segment

Corporate Banking

The Corporate Banking segment served business entities,                     synergy between customers and BSI. This strengthens BSI's
such as State-Owned Enterprises and their subsidiaries, state               competitive advantage in the Corporate Banking segment,
institutions, multinational companies, banks and non-bank                   positioning itself as a strategic partner for its target market,
financial institutions (including non-linkage venture capital),             which includes State-Owned Enterprises (BUMN) and leading
syndicated financing, public companies, and securities companies.           conglomerate companies in Indonesia. This advantage stems from
                                                                            our commitment to providing innovative and flexible Sharia-based
An explanation of each Corporate Banking product has been                   banking solutions, tailored to each customer's needs.
presented in the Profile section of the Products and Services
Sub-Chapter in this Annual Report.                                          CORPORATE BANKING STRATEGY IN 2024
                                                                            To address challenges while maximizing opportunities, Corporate
CORPORATE BANKING COMPETITIVE ADVANTAGES                                    Banking has implemented the following strategies:
AND INNOVATION
BSI Corporate Banking continues to develop products, solutions,
and services to meet customer needs, creating mutually beneficial




       PT Bank Syariah Indonesia Tbk
170 2024 Annual Report
Page 173
1. Focus on growth in State-Owned Enterprise (BUMN)                         Retail segment can penetrate the business market and utilize
   customers and sustainable conglomerate companies while                   the potential within Corporate segment customers.
   maintaining prudent banking principles and distributing               3. Develop the organizational structure and enhance the
   financing in accordance with best practices in the banking               competence of human resources in the Corporate Banking
   industry.                                                                segment to align with the industry and capture existing
2. Develop the customer ecosystem comprehensively by                        business opportunities.
   leveraging strong relationships with customers so that the


CORPORATE BANKING PRODUCTIVITY, REVENUE, AND PROFITABILITY
Information on the productivity, revenue, and profitability of Corporate Banking over the past two years is presented as follows.


Table of Corporate Banking Segment Performance                                                                                     (in IDR millions)


                                                                                                                      Growth
                       Description                            2024                  2023
                                                                                                       Nominal                      %

                              (1)                              (2)                   (3)              (4) = (2)-(3)            (5) = (4)/(3)
 Total Financing                                           58,719,889            54,541,919            4,177,970                   7.66%

 NPF %                                                          2.24%                 2.79%                      -                (0.55%)

 Total Funding/TPF                                         21,619,859            22,354,117             (734,258)                 (3.28%)

 Net Fund Management Income                                 1,076,107             1,187,969             (111,862)                 (9.42%)

 Other Business Income                                        374,100               358,216               15,884                   4.43%

 Operating Expenses                                          (151,526)            (134,737)              (16,789)                 12.46%

 Provision for Impairment Losses (CKPN)                      (109,297)            (336,193)              226,896                 (67.49%)

 Profit After Zakat and Tax                                   904,526               820,783               83,743                  10.20%


Corporate Banking segment financing in 2024 amounted to                  the IDR4.18 trillion increase in total financing for the Corporate
IDR58.72 trillion, marking an increase of 7.66% compared to              Banking segment in 2024.
IDR54.54 trillion in 2023. On the other hand, funding in the
Corporate Banking segment experienced a 3.28% decrease,                  CORPORATE BANKING BUSINESS PROSPECTS
from IDR22.35 trillion in 2023 to IDR21.62 trillion in 2024.             AND STRATEGY IN 2025
This decline was primarily due to a IDR1.78 trillion reduction in        In 2025, Corporate Banking will remain focused on high-potential
demand deposits.                                                         business sectors with strong quality. Additionally, the segment
                                                                         will continue to enhance business processes for greater efficiency
Net fund management income for the Corporate Banking                     while maintaining prudential principles to provide the best service
segment in 2024 stood at IDR1.08 trillion, a 9.42% decrease              to customers. Furthermore, Corporate Banking will leverage
from IDR1.19 trillion in 2023. Meanwhile, profit after zakat             the BeWize platform to optimize customer value chains and
and tax in 2024 reached IDR904.53 billion, reflecting a 10.20%           transactional banking, aiming to increase fee-based income in 2025
increase from IDR820.78 billion in 2023. The growth aligns with          and beyond.




Commercial Banking

The Commercial Banking segment served business entities, such            COMMERCIAL BANKING COMPETITIVE ADVANTAGES
as LOEs and its subsidiaries, local governments, hospitals (except       AND INNOVATION
as regulated in special products), state and private universities        The 2024 Commercial Banking competitive advantages and
(foundations that own universities).                                     innovation were as follows:
                                                                         1. Lead Collaboration with MUF in Joint Financing
An explanation of each Commercial Banking product has been                   Commercial Banking was the Business Unit (BU) that led the
presented in the Profile section of the Products and Services                development of cooperation with MUF in joint financing for
Sub-Chapter in this Annual Report.                                           the Wholesale Segment, such as Commercial and Corporate.




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2. Retail and Consumer Business Collaboration                                   Business 3 (CB3) to be explored and given access to
   Commercial Banking was the entry point in terms of retail                    L2 from potential existing managed customers.
   and consumer business, which had an impact on DPK and              2. People Organization
   financing.                                                            a. Employee Capabilities Improvement
3. Hospital Business financing top branding                                 - Procurement of training and mandatory banking
   Commercial Banking represented BSI as an advanced bank                       competency certification as per positional layer.
   in managing Hospital financing business, with a portfolio of             - Collaboration with Risk Unit Pairing and BSU in making
   IDR7.82 trillion and managing ± 500 Hospital customers.                      training syllabus focusing on financing sector.
4. Highest DPK Impact                                                       - Conducting mastery focus update to prominent
   Commercial Banking was a financing business unit that                        economic sectors.
   provided the highest DPK impact among other financing                 b. Reward and Benefit for Outstanding Employees
   business units with an average of 63% (DPK Pby ratio)                    - Promotion and transfer systems in accordance with
   during 2024.                                                                 proper talent pooling.
                                                                            - Reward provision to outstanding employees
COMMERCIAL BANKING STRATEGY IN 2024                                             in accordance with their needs, such as Umra,
The 2024 Commercial Banking strategy was as follows:                            Scholarship, and so forth.
1. Target Segment                                                     3. Product/Program
    a. Indonesian Top Player Acquisition                                 a. Continuous and dynamic improvement of SPB core,
       - Non-150 richest conglomerates/business groups.                     including SPB Commercial Financing, SPB Segmentation,
       - Potential non-debtor existing DPK customers                        and MP/PTO that affected the achievement of
           (collaboration with managing branches).                          Commercial Segment business.
       - Prominent entrepreneurs in each RCB/ACB region                  b. Designation of potential financing programs (if required).
           (Local Champion).                                             c. Creation of programs related to financing pricing and
       - Collaboration with wealth/priority customer                        benefits for customer takeover/retention.
           management branches, who were entrepreneurs.               4. Campaign
    b. Layer 2 (L2) from BSI Corporate Business Customers                a. Event sponsorship, which was an event that usually came
       - The target was L2 from ± 113 Corporate Business                    from requests from customers/potential customers/
           customers with smooth status/according to                        business community.
           Corporate Business recommendations.                           b. Gathering/vendor gathering
       - Intensive coordination with Corporate Business                  c. Potential customers/groups that collaborated with other
           1 (CB1), Corporate Business 2 (CB2), Corporate                   related Business Units.


PRODUCTIVITY, REVENUE, AND PROFITABILITY OF COMMERCIAL BANKING
Information on the productivity, revenue, and profitability of the Commercial Banking segment over the past two years is presented as
follows.


Table of Commercial Banking Segment Performance                                                                               (in IDR millions)


                                                                                                                 Growth
                       Description                         2024                 2023
                                                                                                   Nominal                     %

                              (1)                            (2)                 (3)             (4) = (2)-(3)            (5) = (4)/(3)
 Total Financing                                         18,497,916          12,969,097            5,528,819                 42.63%

 NPF %                                                       2.28%                3.05%                     -                (0.78%)

 Total Funding/TPF                                       12,013,780            6,990,589           5,023,191                 71.86%

 Net Fund Management Income                                463,841              360,522             103,319                  28.66%

 Other Business Income                                     198,027              104,025               94,002                 90.36%

 Operating Expenses                                       (215,341)            (153,841)            (61,500)                 39.98%

 Provision for Impairment Losses (CKPN)                   (124,951)            (133,567)               8,616                 (6.45%)

 Profit After Zakat and Tax                                244,558              135,217             109,341                  80.86%




      PT Bank Syariah Indonesia Tbk
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Total financing in the Commercial Banking segment for 2024           2. Collaboration
reached IDR18.50 trillion, reflecting a 42.63% increase                 a. Wholesale – retail collaboration to acquire potential
compared to IDR12.97 trillion in 2023. Similarly, total funding             value chain financing and corporate customer groups.
in the Commercial Banking segment grew by 71.86%, rising                b. Synergy of SLA acceleration with risk pairing group.
from IDR6.99 trillion in 2023 to IDR12.01 trillion in 2024. This        c. Cooperation with holding for syndication/club deal.
increase in funding was primarily driven by deposit growth of        3. Expansion
IDR3.60 trillion in 2024.                                               a. Division of Large Comm. into 2 (two) Estate and Non-
                                                                            Estate Departments.
Net fund management income for the Commercial Banking                   b. Opening of new RCB/ACB and fulfillment of its human
segment in 2024 reached IDR463.84 billion, marking an                       resources.
increase of 28.66% compared to IDR360.52 billion in 2023.               c. Intensification of existing customer business groups.
Other operating income increased by IDR94 billion or 90.36%             d. Intensification of non-debtor DPK customers and wealth
compared to 2023.                                                           customers in collaboration with Branches.
                                                                        e. Taking over debtor program of top 10 non-holding bank
BUSINESS PROSPECT AND COMMERCIAL BANKING                                    customers.
STRATEGY IN 2025                                                     4. Program Based
Business prospects and Commercial Banking strategies comprise           a. Utilization of Joint Financing (JF) Wholesale with MUF
of 4 (four) dimensions, including Optimization, Collaboration,              Syariah.
Expansion, and Program Based.                                           b. Proposal of BSI supplier financing and buyer financing
1. Optimization                                                             products revitalization.
    a. Optimization of the relaxation of the established
        financing facilities.
    b. Utilization and new acquisition of BPJS Health SCF
        facilities (potential BPJS Health budget deficit) and
        distributor financing.




Institutional Relations

The Institutional Relations segment is currently focused on          such as Cash Management System (CMS), BSI e-Health, BSI
managing customer funds and other transactions belonging             Institutional Payments (BPI), Host to Host (H2H) and others.
to Institutional customers who do not have financing line
facilities, including Ministries/Government Institutions, Regional   INSTITUTIONAL RELATIONS STRATEGY 2024
Governments, State Universities, State Hospitals, BUMD               The Institutional Relations Strategy in 2024 is as follows:
Subsidiaries and Public Private Companies.                           1. Increasing customer base and deepening relationships
                                                                         with customers through developing transactional banking
An explanation of each Institutional Relations product has been          capabilities and expanding the value chain.
presented in the Profile section of the Products and Services        2. Optimizing cooperation with the Ministry of Finance which
Sub-Chapter in this Annual Report.                                       has entrusted BSI as the Operational Bank managing the
                                                                         Ministry of Finance account (BO1) and increasing funds for
COMPETITIVE ADVANTAGE AND INNOVATION IN                                  customers of the Ministry of State/Institution along with all
INSTITUTIONAL RELATIONS                                                  work units (satker) and Public Service Agencies (BLU).
Through increasing innovation as the main source of competitive      3. Increasing the customer base through the ecosystem of
advantage by continuing to innovate, the needs of Ministries and         the Ministry of State/Institution, Universities and State
Institutions can be met operationally well through synergy and           Hospitals (SBSN, PNBP, VA Accounts, E-Court, etc.).
collaboration with institutions both transactions, operations        4. Increasing and optimizing the placement of Pareto
and innovations that can provide added value, for internal               customer funds while still considering the risk of customer
collaboration with related groups to create solutions and                concentration in accordance with management policies.
innovation. The use of technology applications that can be done




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PRODUCTIVITY, REVENUE, AND PROFITABILITY OF INSTITUTIONAL BANKING
Information on the productivity, revenue, and profitability of the Institutional Banking segment over the past two years is presented as
follows.


Table of Institutional Banking Segment Performance                                                                                 (in IDR millions)


                                                                                                                      Growth
                       Description                            2024                  2023
                                                                                                       Nominal                      %

                              (1)                              (2)                   (3)              (4) = (2)-(3)            (5) = (4)/(3)
 Total Funding/TPF                                         89,456,637            79,770,650             9,685,987                 12.14%

 Net Fund Management Income                                   550,684               329,935              220,749                  66.91%

 Operating Expenses                                          (101,896)              (84,689)             (17,207)                 20.32%

 Profit After Zakat and Tax                                   341,380               187,206              154,174                  82.36%




Total funding in the Institutional Relations segment for 2024            For higher education, there are 63 State Universities, 15 State
reached IDR89.46 trillion, marking a 12.14% increase compared            Institutes, 44 Polytechnics, 31 State Islamic Universities, 23 State
to IDR79.77 trillion in 2023. The increase was primarily driven by       Islamic Religious Institutes, 5 State Islamic Religious Colleges, 38
the growth in deposit contributions, which amounted to IDR7.54           Health Polytechnics and 179 Civil Service Universities which are
trillion. Net fund management income for the Institutional               also a priority to be able to optimize cooperation with BSI.
Banking segment in 2024 reached IDR550.68 billion, reflecting
a 66.91% increase compared to IDR329.94 billion in 2023. This            Prospects for Government Hospitals: There are ±1,031
growth was 82.36% increase in profit after zakat and tax, which          Government Hospitals, Regional Public Hospitals, and Hospitals
rose from IDR187.21 billion in 2023 to IDR341.38 billion in 2024.        under other Ministries or under the TNI/Polri and BUMN which
                                                                         can still provide good potential in 2025.
The improvement in productivity, revenue, and profitability
within the Institutional Banking segment was significantly               Through business prospects in these institutions, strategies that
influenced by the following factors:                                     can be implemented include:
- Effective communication to avoid miscommunication and                  1. Increase current account institutional transaction through
     ensure all parties have the same understanding of both                  the Be WIZE application with targeted institutions.
     customer needs and customer transactions.                           2. Increase fund growth, especially placement and current
- The level of institutional trust in the placement of funds and             account transaction through optimizing cooperation with
     transactions to the bank through transparency, consistency              institutions and through institutional programs.
     and fulfillment of commitments.                                     3. Understand customer needs through cash in and cash out of
- Good institutional coordination and collaboration can                      institutional customers to optimize the needs expected by
     optimize institutional transaction needs to provide                     customers.
     satisfaction to customers.                                          4. Optimize the placement of institutional customer funds
                                                                             but still consider the risk of customer concentration in
BUSINESS PROSPECTS AND INSTITUTIONAL RELATIONS                               accordance with management policies.
STRATEGY IN 2025                                                         5. Increase institutional customer base through the ecosystem
The distribution of APBN spending for newly established                      that has been carried out in Ministries/Government
Ministries/Institutions in the New Cabinet in 2025, there are                Institutions, Regional Governments, State Universities, State
48 Ministries and 51,238 Work Units throughout Indonesia that                Hospitals, LOE Subsidiaries and Public Private Companies.
have the potential for cooperation, only around 1,640 Work
Units or 3.2% have used Bank Syariah Indonesia services, so the
challenges ahead are still quite large to be able to cooperate in
the Ministry.




      PT Bank Syariah Indonesia Tbk
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Retail

The Retail segment currently includes:                                     COMPETITIVE ADVANTAGE AND RETAIL INNOVATION
• Small Medium Enterprise (SME) Retail                                     The competitive advantages and innovations of the Retail
    Serving private business entities in the form of legal entities        Segment include the following:
    and non-legal entities for productive purposes, working                1. The contribution margin of SMEs to BSI's profit increased to
    capital and investment.                                                   8%.
• Micro Retail                                                             2. Outstanding SMEs grew by 12%.
    Aimed at serving individual customers and micro-                       3. The quality of SME financing continues to improve each year.
    entrepreneurs, including the distribution of subsidized                4. Convenient banking services through BYOND by BSI, which
    financing to support government programs in empowering                    are accessible and come with no administration fees for
    community businesses.                                                     wadiah contracts.
• Consumer Retail
    Serving     individuals   for     consumptive/multipurpose             RETAIL STRATEGY 2024
    purposes (including home products, multipurpose, vehicles,             The strategies carried out by the Retail Segment in 2024 include
    pension, financing cards, gold installments and gold pawns,            the following:
    government program financing).                                         1. Optimizing business potential from 10 SME ecosystems.
                                                                           2. Monitoring the availability of pipelines and SLA execution.
An explanation of each Retail product has been presented in the            3. Improving productivity in disbursements and capacity
Product and Services Profile section of this Annual Report.                    planning.
                                                                           4. Focusing on the payroll and business owner segments.



PRODUCTIVITY, REVENUE, AND PROFITABILITY OF RETAIL SEGMENT
Information on the productivity, revenue, and profitability of the Retail Segment over the past two years is presented as follows.


Table of Retail Segment Performance                                                                                                (in IDR millions)


                                                                                                                      Growth
                       Description                             2024                  2023
                                                                                                        Nominal                     %

                              (1)                               (2)                   (3)             (4) = (2)-(3)            (5) = (4)/(3)
 Total Financing                                           201,263,437            172,805,028           28,458,409                16.47%

 NPF %                                                            1.76%                 1.78%                     -               (0.02%)

 Total Funding/TPF                                         205,226,059            185,573,903           19,652,156                10.59%

 Net Fund Management Income                                  13,455,386            12,349,295            1,106,091                 8.96%

 Other Business Income                                        2,257,932             1,679,885             578,047                 34.41%

 Operating Expenses                                          (6,208,730)           (5,495,768)           (712,962)                12.97%

 Provision for Impairment Losses (CKPN)                      (1,757,475)           (2,155,440)            397,965                (18.46%)

 Profit After Zakat and Tax                                   5,934,732             4,868,547            1,066,185                21.90%



The total financing for the Retail Segment in 2024 amounted to IDR201.26 trillion, marking a 16.47% increase compared to IDR172.81
trillion in 2023. This growth was primarily driven by the contribution of Retail Consumer growth, which increased by IDR21.34 trillion.
Similarly, the Retail Segment's funding in 2024 grew by 10.59%, rising from IDR185.57 trillion in 2023 to IDR205.23 trillion in 2024. This
growth was in line with the increase in savings, which saw an additional IDR15.61 trillion.




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Net fund management income for the Retail Segment in 2024                 BUSINESS PROSPECTS AND RETAIL STRATEGY IN 2025
reached IDR13.46 trillion, reflecting an 8.96% increase compared          The business prospects and strategies for 2025 that will be
to IDR12.35 trillion in 2023. Other operating income increased            implemented by the Retail Segment include the following:
by IDR578.05 billion or 34.41% compared to 2023. This increase            1. Optimizing yield.
resulted in an increase in income after zakat and tax of 21.90%,          2. Increasing third-party funds and fee-based income.
from IDR4.87 trillion in 2023 to IDR5.93 trillion in 2024.                3. Maintaining the quality of financing.
                                                                          4. Optimizing revenue recovery.
                                                                          5. Focusing on hajj savings for payroll customers and business
                                                                              savings through the business owner segment.




Treasury Banking and Head Office
                                                                          1. The best Sharia Bank Supporting Monetary Control from
Treasury Banking and Head Office are other segments which                    Bank Indonesia.
currently include:                                                        2. The best bank as a Participant in the BI-RTGS and BI-SSSS
• Treasury Banking                                                           Systems in KBMI 3 and 4.
    Related to the Bank's treasury activities including foreign           3. Award from Alpha Souteast Asia as the Best Sukuk
    exchange transactions, money market, fixed income,                       Mudharabah Issue in SouthEast Asia 2024
    international banking business, capital markets, supervision          4. IDX SPPA Award 2024 Rising Star of The Year - Bank
    of Foreign Offices.                                                      Category.
• Head Office
    Related to the management of assets and liabilities other             TREASURY BANKING STRATEGY IN 2024
    than those managed by other operating segments, including             The Treasury Banking and Head Office strategy in 2024 is as
    receiving allocations of costs for the provision of centralized       follows:
    services to other segments and income/costs that are not              1. Expanding the number of customers and counterparts and
    allocated to other segment reporting.                                      increasing the volume of secondary transactions in the sharia
                                                                               money market and SBSN market and becoming a market
Explanations of each Treasury Banking and Head Office product                  maker in the domestic market.
have been presented in the Profile section of the Product and             2. Diversification of Investment and active management in the
Services Sub-Chapter in this Annual Report.                                    money market and capital market portfolios to increase yield.
                                                                          3. Collaboration in marketing Treasury products with the Wealth
COMPETITIVE ADVANTAGE AND INNOVATION OF                                        Management, Corporate Banking and Network Divisions.
TREASURY BANKING                                                          4. Issuance of sustainability sukuk as an alternative to stable
In 2024, BSI Treasury Global Market received several awards                    non-DPK funding.
for its performance and contributions to the financial market,            5. Increasing human resource capacity through targeted
namely:                                                                        training, knowledge sharing forums and dealer certification.



PRODUCTIVITY, REVENUE, AND PROFITABILITY OF TREASURY BANKING AND HEAD OFFICE
Information on the productivity, revenue, and profitability of the Treasury Banking and Head Office segment over the past two years is
presented as follows.


Table of Treasury Banking and Head Office Segment Performance                                                                      (in IDR millions)


                                                                                                                      Growth
                      Description                              2024                 2023
                                                                                                        Nominal                     %

                          (1)                                   (2)                   (3)             (4) = (2)-(3)            (5) = (4)/(3)
 Net Revenue from fund management                            1,707,162             1,861,513            (154,351)                   (8.29%)

 Other Operating Income                                      2,726,319             2,062,340             663,979                    32.20%

 Operating Expenses                                         (5,116,149)           (4,380,169)           (735,980)                   16.80%

 Provision for Impairment Losses (CKPN)                         97,856                 2,721               95,135                3,496.32%




     PT Bank Syariah Indonesia Tbk
176 2024 Annual Report
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Net fund management income for the Treasury Banking and Head          d. Optimization of open positions on sukuk instruments
Office Segment in 2024 reached IDR1.71 trillion, a decrease of           and money markets, both IDR and foreign exchange, and
8.29% compared to IDR1.86 trillion in 2023. Meanwhile, other             diversification of banking book investments.
business income in 2024 saw an increase of 32.20%, rising from        e. Increasing the volume of secondary transactions in the
IDR2,06 trillion in 2023 to IDR2.73 trillion in 2024.                    sharia money market.
                                                                   2. Deepening of the SyariaFinancial Market
BUSINESS PROSPECTS AND STRATEGIES OF TREASURY                         a. Development of new products including structured
BANKING IN 2025                                                          sharia products.
In accordance with the 2025 financial projection, Treasury            b. Deepening of the sharia financial market in collaboration
(TGM) has formulated an initiative strategy to increase FBI              with regulators (BI, FSA) and Self Regulatory
and investment income, including through intensification of              Organization/SRO (Apuvindo).
transactions in priority customer segments, cross-selling in the      c. Exploration of funding instruments through money
wholesale and commercial segments, development of Treasury               market products, sustainability sukuk and bilateral
products and gold trading, expansion of the treasury marketing           financing.
organization, expansion of treasury business in KCLN and           3. Business process improvement
optimization of the treasury transaction system.                      a. Increasing system capacity and digitalization of treasury
1. Achieving FBI targets and investment income yields                    transactions, both sukuk and forex.
    a. Expansion of sharia hedging transactions with customers        b. Updating treasury policies and procedures, including
        and banks.                                                       efficient management of branch cash ceilings.
    b. Expansion of treasury marketing organizations in the           c. Simplifying the process in determining treasury lines and
        regions and cross-selling of treasury products in the            sukuk and forex transaction activities with customers.
        wholesale and commercial segments as well as treasury         d. Recruitment and Opening of ODP Treasury classes.
        business licenses at KCLN Dubai.
    c. Increasing gold trading capacity, both digital and
        physical.




                                                                                                PT Bank Syariah Indonesia Tbk
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MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




Financial
Review

The financial review described below refers to the Financial          Financial Performance
Statements for the year ended December 31, 2024 presented in
this Annual Report. The Financial Statements have been audited        BSI's financial performance consists of the performance of
by Public Accounting Firm Rintis, Jumadi, Rianto & Rekan and          the Financial Position Report, Profit and Loss Report and
received an opinion that they present fairly, in all material         Other Comprehensive Income, Cash Flow Report, Income and
respects, the financial position of BSI as of December 31,            Profit Sharing Reconciliation Report, Zakat Fund Source and
2024, as well as the Profit and Loss and Other Comprehensive          Distribution Report, and Charity Fund Source and Use Report
Income Statements, Cash Flow Statements, Reconciliation of            which are presented as follows.
Revenue and Profit Sharing Statements, Zakat Fund Source
and Distribution Statements and Charity Fund Source and Use
Statements for the year ended on that date, in accordance with
Indonesian Financial Accounting Standards.



Financial Position Report

Table of Financial Position Report                                                                                          (in IDR millions)



                                                                                                               Growth
                      Description                         2024                 2023
                                                                                                Nominal                      %

                           (1)                             (2)                   (3)           (4) = (2)-(3)            (5) = (4)/(3)

 ASSET
 CASH                                                    8,080,689             5,255,841         2,824,848                   53.75%
 CURRENT ACCOUNT AND PLACEMENTS AT BANK
                                                        49,966,279            32,440,778        17,525,501                   54.02%
 INDONESIA
 CURRENT ACCOUNTS AND PLACEMENTS WITH
 OTHER BANKS
   Third party                                           3,752,325             2,219,233         1,533,092                   69.08%
   Related parties                                         128,549              105,240             23,309                   22.15%
 Amount of current accounts and placements in other
                                                         3,880,874             2,324,473         1,556,401                   66.96%
 banks
 Allowance for impairment losses                           (14,809)             (20,745)              5,936                (28.61%)
 Net                                                     3,866,065             2,303,728         1,562,337                   67.82%
 INVESTMENT IN SECURITIES - NET

   Third party                                          24,134,169            25,738,013        (1,603,844)                  (6.23%)

   Related parties                                      38,117,637            45,563,513        (7,445,876)                 (16.34%)
 Amount of investment in securities                     62,251,806            71,301,526        (9,049,720)                 (12.69%)

 Allowance for impairment losses                           (35,288)            (132,506)            97,218                  (73.37%)

 Net                                                    62,216,518            71,169,020        (8,952,502)                 (12.58%)
 ACCEPTANCE RECEIVABLES
   Third party                                              12,694              244,074           (231,380)                 (94.80%)
   Related parties                                         172,451              187,154            (14,703)                  (7.86%)
 Total acceptance receivables                              185,145              431,228           (246,083)                 (57.07%)




       PT Bank Syariah Indonesia Tbk
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                                                                                           Growth
                       Description              2024          2023
                                                                            Nominal                      %

                           (1)                   (2)            (3)        (4) = (2)-(3)            (5) = (4)/(3)

Allowance for impairment losses                   (1,851)        (4,312)          2,461                (57.07%)
Net                                              183,294       426,916        (243,622)                (57.07%)
RECEIVABLES
Murabahah
   Third party                               144,205,651    136,391,384      7,814,267                    5.73%
   Related parties                                66,883       111,712         (44,829)                (40.13%)
Amount of murabahah                          144,272,534    136,503,096      7,769,438                    5.69%
Istishna
   Third party                                         11             30            (19)               (63.33%)
Ijarah
   Third party                                   188,361        217,241        (28,880)                (13.29%)
   Related parties                                      -         1,159         (1,159)               (100.00%)
Total ijarah                                     188,361        218,400        (30,039)                 (13.75%)
Total receivables                            144,460,906    136,721,526      7,739,380                    5.66%
Allowance for impairment losses               (4,265,369)    (4,361,368)        95,999                   (2.20%)
Net                                          140,195,537    132,360,158      7,835,379                    5.92%
FUNDS OF QARDH
   Third party                                12,863,002      9,468,085      3,394,917                   35.86%
   Related parties                               910,782      1,838,996       (928,214)                 (50.47%)
Total funds of qardh                          13,773,784     11,307,081      2,466,703                   21.82%
Allowance for impairment losses                (787,694)      (817,917)         30,223                   (3.70%)
Net                                           12,986,090     10,489,164      2,496,926                   23.80%
FINANCING
Mudharabah
   Third party                                   937,079        881,133         55,946                    6.35%
   Related parties                             2,000,000      1,000,000      1,000,000                  100.00%
Total mudharabah                               2,937,079      1,881,133      1,055,946                   56.13%
Allowance for impairment losses                  (93,488)      (49,481)        (44,007)                  88.94%
Net                                            2,843,591      1,831,652      1,011,939                   55.25%
Musyarakah
   Third party                                88,044,668     63,452,727     24,591,941                   38.76%
   Related parties                            26,142,550     24,763,470      1,379,080                    5.57%
Total musyarakah                             114,187,218     88,216,197     25,971,021                   29.44%
Allowance for impairment losses               (5,145,131)    (4,459,696)      (685,435)                  15.37%
Net                                          109,042,087     83,756,501     25,285,586                   30.19%
Total financing                              117,124,297     90,097,330     27,026,967                   30.00%
Allowance for impairment losses               (5,238,619)    (4,509,177)      (729,442)                  16.18%
Net                                          111,885,678     85,588,153     26,297,525                   30.73%
ASSETS ACQUIRED FOR IJARAH - NET               3,122,255      2,190,107        932,148                   42.56%
FIXED ASSETS AND RIGHT OF USE ASSETS - NET     7,723,853      5,352,843      2,371,010                   44.29%
INTANGIBLE ASSETS - NET                        2,102,344      1,128,334        974,010                   86.32%
DEFERRED TAX ASSETS                            2,056,727      1,665,694        391,033                   23.48%




                                                                             PT Bank Syariah Indonesia Tbk
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MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




                                                                                                    Growth
                         Description                      2024          2023
                                                                                     Nominal                      %

                                (1)                         (2)           (3)       (4) = (2)-(3)            (5) = (4)/(3)

 OTHER ASSETS - NET                                       4,228,103     3,253,388       974,715                   29.96%
 TOTAL ASSETS                                           408,613,432   353,624,124    54,989,308                   15.55%
 LIABILITIES, TEMPORARY SYIRKAH FUNDS, AND EQUITY
 LIABILITIES
 OBLIGATIONS DUE IMMEDIATELY
   Third party                                             856,981      1,144,847      (287,866)                (25.14%)
   Related parties                                            1,662      171,220       (169,558)                (99.03%)
                                                           858,643      1,316,067      (457,424)                (34.76%)
 UNDISTRIBUTED REVENUE SHARING                             291,578       255,932         35,646                   13.93%
 WADIAH DEPOSITS
 Wadiah demand deposits
   Third party                                           16,260,234    18,023,665    (1,763,431)                  (9.78%)
   Related parties                                        2,886,845     2,823,859        62,986                    2.23%
 Wadiah current account amount                           19,147,079    20,847,524    (1,700,445)                  (8.16%)
 Wadiah savings
   Third party                                           55,266,166    47,016,211     8,249,955                   17.55%
   Related parties                                          13,901        10,163           3,738                  36.78%
 Total wadiah savings deposits                           55,280,067    47,026,374     8,253,693                   17.55%
 Total wadiah deposits                                   74,427,146    67,873,898     6,553,248                    9.66%
 DEPOSITS FROM OTHER BANKS
 Wadiah demand deposits
   Third party                                             173,510       123,984         49,526                   39.95%
   Related parties                                            1,369         1,353             16                   1.18%
 Total wadiah demand deposits                              174,879       125,337         49,542                   39.53%
 Wadiah savings deposits
   Third party                                                8,985         7,788          1,197                  15.37%
 Interbank Mudharabah Investment Certificate (“SIMA”)
   Third party                                            2,481,425     1,401,191     1,080,234                   77.09%
   Related parties                                         885,225       226,985        658,240                  289.99%
 Total Interbank Mudharabah Investment Certificate
                                                          3,366,650     1,628,176     1,738,474                  106.77%
 (“SIMA”)
 Sharia Compliant Interbank Fund Management
 Certificate ("SIPA")
   Third party                                             400,000              -       400,000                  100.00%
   Related parties                                         200,834              -       200,834                  100.00%
 Total Sharia Compliant Interbank Fund Management
                                                           600,834              -       600,834                  100.00%
 Certificate ("SIPA")
 Total deposits from other banks                          4,151,348     1,761,301     2,390,047                  135.70%
 LIABILITIES TO BANK INDONESIA                           18,417,864    11,900,055     6,517,809                   54.77%
 ACCEPTANCE LIABILITY
   Third party                                              72,792       287,323       (214,531)                 (74.67%)
   Related parties                                         112,353       143,905        (31,552)                 (21.93%)
 Total acceptance liabilities                              185,145       431,228       (246,083)                 (57.07%)
 TAXES PAYABLE                                             889,642       539,042        350,600                   65.04%




      PT Bank Syariah Indonesia Tbk
180 2024 Annual Report
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                                                                                                            Growth
                       Description                              2024           2023
                                                                                             Nominal                      %

                             (1)                                  (2)            (3)        (4) = (2)-(3)            (5) = (4)/(3)

EMPLOYEE BENEFITS LIABILITIES                                    534,730        667,264        (132,534)                (19.86%)
ESTIMATED LOSSES ON COMMITMENTS AND
                                                                   24,045         32,017         (7,972)                (24.90%)
CONTINGENCIES
OTHER LIABILITIES                                               5,867,830      2,446,107      3,421,723                 139.88%
TOTAL LIABILITIES                                             105,647,971     87,222,911     18,425,060                   21.12%
TEMPORARY SYIRKAH FUND
Mudharabah demand deposits
  Third party                                                  17,421,912     14,835,449      2,586,463                   17.43%
  Related parties                                              19,813,889     17,581,811      2,232,078                   12.70%
Total Mudharabah demand deposits                               37,235,801     32,417,260      4,818,541                   14.86%
Mudharabah savings deposits
  Third party                                                  85,414,890     78,088,518      7,326,372                    9.38%
  Related parties                                                375,768        191,667         184,101                   96.05%
Total Mudharabah savings deposits                              85,790,658     78,280,185      7,510,473                    9.59%
Mudharabah time deposits
  Third party                                                  92,556,398     87,628,737      4,927,661                    5.62%
  Related parties                                              38,122,469     28,356,052      9,766,417                   34.44%
Mudharabah time deposits                                      130,678,867    115,984,789     14,694,078                   12.67%
Total mudharabah demand deposits, savings deposits and
                                                              253,705,326    226,682,234     27,023,092                   11.92%
time deposits
Subordinated sukuk mudharabah
  Third party                                                     140,000       175,000         (35,000)                 (20.00%)
  Related parties                                                  60,000         25,000         35,000                  140.00%
Total Subordinated sukuk mudharabah                               200,000       200,000                 -                  0.00%
Issued mudharabah sukuk
  Third party                                                   2,653,063          3,608      2,649,455              73,432.79%
  Related parties                                                 365,500               -       365,500                  100.00%
Total Issued mudharabah sukuk                                   3,018,563          3,608      3,014,955              83,563.05%
Mudharabah term financing                                       1,000,000        776,250        223,750                   28.82%
TOTAL TEMPORARY SYIRKAH FUNDS                                 257,923,889    227,662,092     30,261,797                   13.29%
EQUITY
Share capital
  Capital issued and fully paid up                             23,064,630     23,064,630                -                  0.00%
Additional paid-in capital                                     (3,929,100)    (3,929,100)               -                  0.00%
Gain on revaluation of fixed assets                               553,440        444,530        108,910                   24.50%
Remeasurement of employee benefit liabilities - net of tax        347,644        241,462        106,182                   43.97%
Unrealised (loss)/gain on marketable securities measured at
                                                                 (56,814)          6,154        (62,968)               1,023.20%
fair value through other comprehensive income - net of tax
Retain earning
  Appropriated                                                  3,377,462      2,236,713      1,140,749                   51.00%
  Unappropriated                                               21,684,310     16,674,732      5,009,578                   30.04%
TOTAL EQUITY                                                   45,041,572     38,739,121      6,302,451                   16.27%
TOTAL LIABILITIES, TEMPORARY SYIRKAH FUNDS A
                                                              408,613,432    353,624,124     54,989,308                   15.55%
ND EQUITY




                                                                                              PT Bank Syariah Indonesia Tbk
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MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




Total Asset                                                          by IDR2.81 trillion, the trade sector by IDR2.46 trillion, and the
                                                                     agriculture sector by IDR1.89 trillion.
Total assets in 2024 amounted to IDR408.61 trillion, an increase
of 15.55% compared to 2023 which amounted to IDR353.62               Fund of Qardh
trillion. The increase was due to net financing growth of IDR26.30
trillion, current accounts and placements with Bank Indonesia of     Qardh loans – net in 2024 amounted to IDR12.99 trillion, an
IDR17.53 trillion and net receivables of IDR7.84 trillion.           increase of 23.80% compared to 2023 which amounted to
                                                                     IDR10.49 trillion. This increase was primarily driven by the
Cash                                                                 growth in gold pawning financing, which rose by IDR1.53 trillion,
                                                                     or 31.32% compared to 2023.
Cash in 2024 amounted to IDR8.08 trillion, an increase of 53.75%
compared to 2023 which was IDR5.26 trillion. The increase was        Financing
driven by the rise in vault cash by IDR1.27 trillion and ATM cash
by IDR933 billion. These increase in line with the addition of the   Financing – net in 2024 amounted to IDR111.89 trillion, an
number of ATM machines during 2024.                                  increase of 30.73% compared to 2023 which amounted to
                                                                     IDR85.59 trillion. The growth in financing was primarily driven
Current Account and Placements at With Bank Indonesia                by the consumer sector with an increase of IDR16.09 trillion, the
                                                                     agriculture sector with IDR4.51 trillion, and the business services
Current accounts and placements with Bank Indonesia in 2024          sector with IDR4.11 trillion.
amounted to IDR49.97 trillion, an increase of 54.02% compared
to 2023 which amounted to IDR32.44 trillion. This growth was         Assets Acquired for Ijarah – Net
mainly due to placements in Fasbis amounting to IDR28 trillion,
increasing by IDR23.5 trillion from 2023.                            Assets acquired for Ijarah leasing – net in 2024 amounted to
                                                                     IDR3.12 trillion, an increase of 42.56% compared to 2023
Current Accounts and Placements with other Banks                     which amounted to IDR2.19 trillion. This increase was mainly
                                                                     attributed to the transportation sector, which rose by IDR1.18
Current accounts and placements with other banks – net in 2024       trillion or IDR1.15 trillion compared to 2023.
amounted to IDR3.87 trillion, an increase of 67.82% compared to
2023 which amounted to IDR2.30 trillion. The growth was mainly       Fixed Assets and Right of Use Assets – Net
driven by the increase in SIPA (Sharia Compliant Interbank Fund
Management Certificates), which rose by IDR2.15 trillion in          Fixed assets and right of use assets – net in 2024 amounted to
2024 compared to 2023.                                               IDR7.72 trillion, an increase of 44.29% compared to 2023 which
                                                                     amounted to IDR5.35 trillion. This increase was primarily due to
Investments In Marketable Securities                                 IT infrastructure assets amounting to IDR754.410 billion and
                                                                     ATM and CRM machines amounting to IDR487.230 billion.
Investment in marketable securities – net in 2024 amounted
to IDR62.22 trillion, down 12.58% compared to 2023 which             Intangible Assets – Net
amounted to IDR71.17 trillion. The decline was mainly attributed
to a reduction in SBSN by IDR6.8 trillion and Bank Indonesia         Intangible assets – net in 2024 amounted to IDR2.10 trillion,
Sukuk by IDR2.8 trillion in 2024.                                    an increase of 86.32% compared to 2023 which amounted to
                                                                     IDR1.13 trillion. The growth was driven mainly by IT licenses
Acceptance Receivables                                               related to security enhancements, system upgrades, and the
                                                                     development of the BYOND by BSI application.
Acceptance receivables – net in 2024 amounted to IDR183.29
billion, down 57.07% compared to 2023 which amounted to              Deferred Tax Assets
IDR426.92 billion. This decline was mainly due to a decrease in
SKBDN usance import acceptance receivables by IDR221.53              Deferred tax assets in 2024 amounted to IDR2.06 trillion, an
billion.                                                             increase of 23.48% compared to 2023 which amounted to
                                                                     IDR1.67 trillion. This increase was due to the implementation
Receivables                                                          of Minister of Finance Regulation No. 74 of 2024 regarding the
                                                                     formation of allowances for uncollectible receivables deductible
Receivables – net in 2024 amounted to IDR140.19 trillion, an         from gross income, which impacted the deferred tax asset value
increase of 5.92% compared to 2023 which amounted to IDR132.36       in 2024.
trillion. The increase was driven by growth in the consumer sector




       PT Bank Syariah Indonesia Tbk
182 2024 Annual Report
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Other Assets – Net                                                  Acceptance Receiveables

Other assets – net in 2024 amounted to IDR4.23 trillion, an         Acceptance liabilities in 2024 amounted to IDR185.15 billion,
increase of 29.96% compared to 2023 which amounted to               down 57.07% compared to 2023 which amounted to IDR431.23
IDR3.25 trillion. The increase was mainly due to prepaid expenses   billion. This decline was due to the reduction in SKBDN Usance
amounting to IDR732.20 billion and receivables from financing       Import acceptance obligations by IDR220.02 billion.
and securities income totaling IDR178.80 billion.
                                                                    Taxes Payable
Total Liabilities
                                                                    Taxes payable in 2024 amounted to IDR889.64 billion, an
Total Liabilities in 2024 amounted to IDR105.65 trillion, an        increase of 65.04% compared to 2023 which was IDR539.04
increase of 21.12% compared to 2023 which amounted to               billion. The increase was primarily driven by the rise in Article
IDR87.22 trillion. The increase was due to the growth in the        25/29 Income Tax by IDR450.37 billion compared to 2023.
amount of wadiah savings of IDR8.25 trillion, liabilities to Bank
Indonesia of IDR6.52 trillion and other liabilities of IDR3.42      Employee Benefits Liabilities
trillion.
                                                                    Employee benefit liabilities in 2024 amounted to IDR534.73
Obligations Due Immediately                                         billion, down 19.86% compared to 2023 which amounted to
                                                                    IDR667.26 billion The decline was due to the higher realization
Obligations due immediately in 2024 amounted to IDR858.64           of employee benefits for retirees and those resigning in 2024
billion, marking a 34.76% decrease compared to IDR1.32 trillion     compared to 2023.
in 2023. This decline was primarily due to a reduction in ATM
transaction obligations by IDR427.32 billion.                       Estimated Losses on Commitments and Contingencies

Undistributed Revenue Sharing                                       Estimated losses on commitments and contingencies in 2024
                                                                    is IDR24.05 billion, down 24.90% compared to 2023 which
The undistributed revenue sharing in 2024 was IDR291.58 billion,    was IDR32.02 billion. This decrease aligned with the decline in
an increase of 13.93% compared to 2023 which was IDR255.93          outstanding commitments and contingencies in 2024.
billion. The growth was mainly driven by undistributed profit-
sharing from deposits, which increased by IDR36.88 billion.         Other Liabilities

Wadiah Deposits                                                     Other liabilities in 2024 amounted to IDR5.87 trillion, an increase
                                                                    of 139.88% compared to 2023 which amounted to IDR2.45
Wadiah savings in 2024 amounted to IDR74.43 trillion, an            trillion. This increase was primarily driven by obligations related
increase of 9.66% compared to 2023 which was IDR67.87               to bancassurance transactions amounting to IDR3.5 trillion in
trillion. In 2024, Wadiah savings grew by IDR8.25 trillion or       2024.
17.55% compared to the previous year.
                                                                    Total Temporary Syirkah Fund
Deposits from other Banks
                                                                    Total Temporary syirkah funds in 2024 amounted to IDR257.92
Deposits from other banks in 2024 amounted to IDR4.15 trillion,     trillion, an increase of 13.29% compared to 2023 which amounted
an increase of 135.70% compared to 2023 which amounted to           to IDR227.66 trillion. The increase was due to the growth in the
IDR1.76 trillion. This increase was driven by growth in SIMA        number of current accounts, savings and mudharabah deposits
(Interbank Mudharabah Investment Certificate) by IDR1.74            of IDR27.02 trillion.
trillion and SIPA (Interbank Fund Management Certificate based
on Sharia Principles) at by IDR600.83 billion.                      Mudharabah Current Account

Liabilities to Bank Indonesia                                       The 2024 mudharabah current account amounted to IDR37.24
                                                                    trillion, an increase of 14.86% compared to 2023 which was
Liabilities to Bank Indonesia in 2024 amounted to IDR18.42          IDR32.42 trillion. This increase was primarily driven by the
trillion, an increase of 54.77% compared to 2023 which amounted     growth of mudharabah current accounts from third parties,
to IDR11.90 trillion.                                               amounting to IDR2.59 trillion.




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Mudharabah Saving Deposits                                         Capital Issued and Fully Paid Up Capital

Mudharabah savings deposits in 2024 amounted to IDR85.79           The issued and fully paid-up capital in 2024 amounted to
trillion, an increase of 9.59% compared to 2023 which amounted     IDR23.06 trillion, unchanged compared to 2023 which was also
to IDR78.28 trillion. This growth was influenced by the increase   IDR23.06 trillion.
in mudharabah savings from third parties, which grew by IDR7.32
trillion.                                                          Additional Paid-In Capital

Mudharabah Time Deposit                                            Additional paid-in capital in 2024 amounted to IDR3.93 trillion,
                                                                   unchanged compared to 2023 which was also IDR3.93 trillion.
Mudharabah deposits in 2024 subordinated sukuk mudharabah
amounted to IDR130.68 trillion, an increase of 12.67% compared     Gain on Revaluation of Fixed Asset
to 2023 which amounted to IDR115.98 trillion. This increase was
primarily driven by the growth in mudharabah deposits from         Fixed asset revaluation gain in 2024 amounted to IDR553.44
related parties, amounting to IDR9.77 trillion.                    billion, an increase of 24.50% compared to 2023 which amounted
                                                                   to IDR444.53 billion The increase was due to the appreciation in
Subordinated Sukuk Mudharabah                                      the value of some of BSI's fixed assets in 2024, compared to the
                                                                   previous revaluation.
Subordinated mudharabah sukuk in 2024 amounted to
IDR200.00 billion, unchanged compared to 2023 which also           Remeasurement of Defined Benefit Programs - After
amounted to IDR200.00 billion.                                     Taxes

Issued Mudharabah Sukuk                                            The remeasurement of the defined benefit program — net of
                                                                   tax in 2024 amounted to IDR347.64 billion, marking a 43.97%
Issued Mudharabah sukuk issued in 2024 amounted to                 increase compared to IDR241.46 billion in 2023.
IDR3.02 trillion, an increase of 83,563.05% compared to 2023
which amounted to IDR3.61 billion. In June 2024, BSI issued a      Unrealizable Gain/(Loss) on Securities In the Group Are
sustainable sukuk (ESG) amounting to IDR3 trillion.                Measured at Fair Value Through Other Comprehensive
                                                                   Income
Mudharabah Term Financing
                                                                   Unrealized losses on securities measured at fair value through
Mudharabah term financing in 2024 amounted to IDR1.00              other comprehensive income — net of tax in 2024 amounted to
trillion, an increase of 28.82% compared to 2023 which             IDR56.81 billion, in contrast to 2023, which recorded unrealized
amounted to IDR776.25 billion. This growth was attributed to       gains of IDR6.15 billion.
the mudharabah term financing facility from PT Bank Maybank
Indonesia Tbk in 2024.                                             Retain Earning

Total Equity                                                       The 2024 retained earnings balance is IDR25.06 trillion, an
                                                                   increase of 32.52% compared to 2023 which was IDR18.91
Total equity in 2024 amounted to IDR45.04 trillion, an increase    trillion. This growth was influenced by the increase in unallocated
of 16.27% compared to 2023 which was IDR38.74 trillion. The        retained earnings during 2024.
increase was driven by net profit in 2024 amounting to IDR7.01
trillion.




     PT Bank Syariah Indonesia Tbk
184 2024 Annual Report
Page 187
Statement of Profit Loss and Other Comprehensive Income

Table of Profit and Loss Statement and Other Comprehensive Income		                                                  (in IDR millions)



                                                                                                        Growth
                         Description                         2024           2013
                                                                                         Nominal                      %

                               (1)                            (2)            (3)        (4) = (2)-(3)            (5) = (4)/(3)

INCOME FROM FUND MANAGEMENT BY BANK AS
MUDHARIB

    Income from sales and purchases                        13,404,055     12,627,780        776,275                   6.15%

    Income from profit sharing                              8,001,204      5,940,486      2,060,718                  34.69%

    Income from ijarah - net                                  192,124        155,446         36,678                  23.60%

    Other main operating income                             3,700,820      3,528,031        172,789                   4.90%

THIRD PARTY SHARE ON RETURN                                (7,889,029)    (5,993,168)    (1,895,861)                 31.63%

BANK’S SHARE IN PROFIT                                     17,409,174     16,258,575      1,150,599                   7.08%

OTHER OPERATING INCOME

Fee based income from banking services                      3,678,362      2,870,774        807,588                  28.13%

Gain from marketable securities                               587,199        242,110        345,089                 142.53%

Other income                                                1,290,918      1,091,582        199,336                  18.26%

Total other operating income                                5,556,479      4,204,466      1,352,013                  32.16%

OPERATING EXPENSES

Salary and benefits                                        (5,284,136)    (5,035,215)      (248,921)                  4.94%

 General and administration                                (6,342,626)    (5,169,938)    (1,172,688)                 22.68%

 Wadiah bonus                                                    (586)        (1,107)            521                (47.06%)

 Others                                                     (166,294)        (42,944)      (123,350)                287.23%

                                                          (11,793,642)   (10,249,204)    (1,544,438)                 15.07%

 Provision for impairment losses on earning and non-
                                                           (1,893,867)    (2,622,479)       728,612                 (27.78%)
 earning assets - net

 INCOME FROM OPERATION                                      9,278,144      7,591,358      1,686,786                  22.22%

 NON OPERATING INCOME - NET                                     4,312         (2,156)          6,468                300.00%

 INCOME BEFORE ZAKAT AND TAX EXPENSE                        9,282,456      7,589,202      1,693,254                  22.31%

 ZAKAT                                                      (232,061)      (189,730)        (42,331)                 22.31%

 TAX EXPENSES                                              (2,044,507)    (1,695,729)      (348,778)                 20.57%

 NET INCOME                                                 7,005,888      5,703,743      1,302,145                  22.83%

 OTHER COMPREHENSIVE INCOME

 Items that will not be reclassified to profit or loss:

    Gain on revaluation on fixed asset                        108,910               -       108,910                 100.00%

    Remeasurement of employee benefit liabilities             136,130        (35,181)       171,311                 486.94%

    Related income tax                                        (29,948)         7,739        (37,687)              (486.98%)

 Items that will be reclassified to profit or loss:

    (Losses)/Unrealized gains on marketable securities
    measured at fair value through other comprehensive        (92,116)        61,631       (153,747)              (249.46%)
    income.

    Related income tax                                         29,148               -        29,148                 100.00%

 Total other comprehensive income net after tax               152,124         34,189        117,935                 344.95%

 TOTAL COMPREHENSIVE INCOME                                 7,158,012      5,737,932      1,420,080                  24.75%

 BASIC EARNINGS PER SHARE (full amount)                        151,88         123.65           28.23                 22.83%




                                                                                          PT Bank Syariah Indonesia Tbk
                                                                                                   2024 Annual Report
                                                                                                                               185
Page 188
MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




Income From Fund Management                                        the rise in mudharabah deposit profit-sharing by IDR1.39 trillion
by Bank as Mudharib                                                and mudharabah current account profit-sharing by IDR308.53
                                                                   billion. The growth in profit-sharing for mudharabah deposits
The income from fund management by banks as mudharib in            and current accounts was driven by the increase in third-party
2024 was IDR25.30 trillion, an increase of 13.69% compared to      funds (DPK), which rose by IDR14.69 trillion and IDR4.82 trillion,
2023 which was IDR22.25 trillion. The growth in musyarakah         respectively.
financing throughout 2024 drove the increase in profit-sharing
income by IDR2 trillion.                                           Other Operating Income

Income from Sales and Purchases                                    Other operating income in 2024 amounted to IDR5.56 trillion,
                                                                   an increase of 32.16% compared to 2023 which was IDR4.20
Income from sales and purchases in 2024 amounted to IDR13.40       trillion. The largest contribution came from banking service fees,
trillion, an increase of 6.15% compared to 2023 which was          which increased by IDR807.59 billion compared to 2023.
IDR12.63 trillion. The primary driver behind this growth was
murabahah receivables, which grew by 5.69% or IDR7.77 trillion     Fee Based Income from Banking Services
in 2024.
                                                                   Fee based income from Banking service fee income in 2024
Income from Profit Sharing                                         amounted to IDR3.68 trillion, an increase of 28.13% compared
                                                                   to 2023 which was IDR2.87 trillion. This growth was primarily
Revenue from profit sharing in 2024 amounted to IDR8.00            driven by the rise in bancassurance transaction income, which
trillion, an increase of 34.69% compared to 2023 which was         increased by IDR343.48 billion, along with Rahn income of
IDR5.94 trillion. The rise in profit-sharing income was mainly     IDR146.11 billion and internet banking service income of
driven by musyarakah financing income, which increased by          IDR100.04 billion.
IDR2 trillion compared to 2023.
                                                                   Benefits of Investing In Securities
Income from Ijarah – Net
                                                                   Gain from marketable securities in 2024 amounted to IDR587.20
Income from ijarah – net in 2024 amounted to IDR192.12 billion,    billion, an increase of 142.53% compared to 2023 which was
an increase of 23.60% compared to 2023 which was IDR155.45         IDR242.11 billion. The primary driver of this growth was income
billion. Increase in ijarah revenue in line with a 42.56% or       from the sale of securities in 2024, which increased by IDR377.24
IDR932.15 billion increase in ijarah assets.                       billion.


Other Main operating Income                                        Other Income

Other main operating income in 2024 amounted to IDR3.70            Other income in 2024 amounted to IDR1.29 trillion, an increase
trillion, an increase of 4.90% compared to 2023 which was          of 18.26% compared to 2023 which was IDR1.09 trillion. This
IDR3.53 trillion. The growth was driven by securities income of    increase was mainly driven by the recovery of written-off
IDR74.15 billion and placements with Bank Indonesia amounting      receivables and financing amounting to IDR199.34 billion.
to IDR46.61 billion.
                                                                   Operating Expenses
Third Parties’ Share on Return
                                                                   Operating expenses in 2024 amounted to IDR11.79 trillion,
Third parties’ share on return in 2024 amounted to IDR7.89         an increase of 15.07% compared to 2023 which amounted
trillion, an increase of 31.63% compared to 2023 which             to IDR10.25 trillion. The primary factor behind this increase
amounted to IDR5.99 trillion. This increase was primarily due to   was the rise in general and administrative expenses in 2024 by
                                                                   IDR1.17 trillion.




     PT Bank Syariah Indonesia Tbk
186 2024 Annual Report
Page 189
Salary and Benefits                                                  Income Before Zakat and Tax Expense

Salaries and benefit expenses increased by 4.94%, from IDR5.04       Income before zakat and tax burden in 2024 was IDR9.28 trillion,
trillion in 2023 to IDR5.28 trillion in 2024.                        an increase of 22.31% compared to 2023 which was IDR7.59
                                                                     trillion.
General and Administrative
                                                                     Zakat
General and administrative expenses in 2024 amounted to
IDR6.34 trillion, an increase of 22.68% compared to 2023 which       Zakat in 2024 amounted to IDR232.06 billion, an increase of
amounted to IDR5.17 trillion. The increase was mainly driven         22.31% compared to 2023 which was IDR189.73 billion. Zakat
by promotional expenses of IDR223.56 billion, depreciation of        is a portion of wealth that must be allocated by muzakki (zakat
fixed assets and right-of-use assets of IDR212.05 billion, and       payers) to mustahiq (zakat recipients). The sources of zakat,
outsourcing service fees of IDR108.23 billion.                       infaq, and shadaqah funds come from the Bank and other parties,
                                                                     which are collected and distributed in accordance with Sharia
Wadiah Bonus                                                         principles.


The 2024 wadiah bonus burden is IDR586 million, down 47.06%          Tax Expenses
compared to 2023 which was IDR1.11 billion. This decline was
due to the decrease in wadiah bonuses on interbank wadiah            The 2024 tax expenses is IDR2.04 trillion, an increase of 20.57%
current accounts by IDR276.36 million and non-bank wadiah            compared to 2023 which was IDR1.70 trillion.
current accounts by IDR246.53 million.
                                                                     Net Income
Others
                                                                     Net income in 2024 was IDR7.01 trillion, an increase of 22.83%
Other expenses in 2024 reached IDR166.29 billion, showing a          compared to 2023 which was IDR5.70 trillion. This increase
significant increase of 287.23% compared to IDR42.94 billion in      was supported by rising margin and profit-sharing income, as
2023.                                                                well as steady growth in fee-based income. To further enhance
                                                                     profitability, BSI continued its efficiency measures while
Provision for Impairment Losses on Earning and                       maintaining sound asset quality.
Non-Earning Assets – Net
                                                                     Other Comprehensive Income
The net allowance for impairment losses on earning and non-
earning assets in 2024 was IDR1.89 trillion, down 27.78%             Other comprehensive income in 2024 amounted to IDR152.12
compared to 2023 which was IDR2.62 trillion. This decline was        billion, an increase of 344.95% compared to 2023 which was
in line with the maintained quality of financing throughout 2024.    IDR34.19 billion. The increase in other comprehensive income
Additionally, there was a splitting bucket calculation for PD LGD    was mainly from the remeasurement of employee benefits
for KUR and non-KUR financing.                                       of IDR171.31 billion and the revaluation of assets in 2024 of
                                                                     IDR108.91 billion.
Income from Operation
                                                                     Comprehensive Income
Income from operation in 2024 was IDR9.28 trillion, an increase
of 22.22% compared to 2023 which was IDR7.59 trillion. The           Comprehensive profit in 2024 amounted to IDR7.16 trillion, an
growth in operating profit aligned with the increase in the Bank's   increase of 24.75% compared to 2023 which was IDR5.74 trillion.
share of profit in 2024.
                                                                     Basic Earnings Per Share
Non Operating Income – Net
                                                                     Basic earnings per share in 2024 amounted to IDR151.88, an
Non-operating income - net in 2024 amounted to IDR4.31 billion,      increase of 22.83% compared to 2023 which was IDR123.65.
an increase of 300.00% compared to 2023 which amounted to            The rise in earnings per share was in line with the Bank’s profit
(IDR2.16) billion.                                                   growth in 2024.




                                                                                                   PT Bank Syariah Indonesia Tbk
                                                                                                            2024 Annual Report
                                                                                                                                   187
Page 190
MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




Statements of Cash Flows

Table of Cash Flow Statement                                                                                            (in IDR millions)



                                                                                                           Growth
                          Description                           2024           2023
                                                                                            Nominal                      %

                              (1)                                (2)            (3)        (4) = (2)-(3)            (5) = (4)/(3)

 CASH FLOW FROM OPERATING ACTIVITIES

 Proceeds of margin, profit sharing, ijarah and other main
                                                              25,260,645     22,356,599      2,904,046                  12.99%
 operation

 Payment of profit sharing for temoorary syirkah funds        (7,854,159)    (5,930,162)    (1,923,997)                 32.44%

 Receipts from recovery of written-off financing and
                                                               2,097,759      1,703,364        394,395                  23.15%
 receivables

 Receipt of other operating income                             4,266,371      3,115,816      1,150,555                  36.93%

 Payment of Tantiem                                            (110,228)        (91,574)       (18,654)                 20.37%

 Payment of operating expenses                               (14,283,894)   (12,698,368)    (1,585,526)                 12.49%

 Receipt of non-operating income - net                           112,287         25,571         86,716                 339.12%

 Payment of corporate income tax                              (1,985,972)    (1,855,197)      (130,775)                  7.05%

 Payment of zakat                                              (268,348)      (205,881)        (62,467)                 30.34%

 Distribution of qardhul hasan funds                           (117,028)        (80,736)       (36,292)                 44.95%

 Cash flows before changes in operating assets and
                                                               7,117,433      6,339,432        778,001                  12.27%
 liabilities

 Changes in operating assets and liabilities:

   (Increase)/decrease in operating assets:

      Marketable Securities - measured at fair value          (1,472,899)    (3,972,560)     2,499,661                 (62.92%)

      Other short-term securities                              (115,758)        (40,287)       (75,471)                187.33%

      Receivables                                             (7,739,380)   (11,834,760)     4,095,380                 (34.60%)

      Fund of Qardh                                           (2,466,703)    (1,605,472)      (861,231)                 53.64%

      Financing                                              (27,026,967)   (18,465,422)    (8,561,545)                 46.37%

      Acceptance receivables                                     246,083         50,175        195,908                 390.45%

      Assets acquired for ijarah                               (932,147)      (705,535)       (226,612)                 32.12%

      Other assets                                               245,969         (2,886)       248,855               8,622.83%

   Increase/(decrease) in operating liabilities:

      Obligations due Immediately                              (421,137)        322,716       (743,853)              (230.50%)

      Deposits from customers                                  6,553,248      1,861,641      4,691,607                 252.01%

      Deposits from other banks                                2,390,047      (457,396)      2,847,443                 622.53%

      Acceptance liability                                     (246,083)        (50,175)      (195,908)                390.45%

      Tax payable                                                (99,768)        48,173       (147,941)              (307.10%)

      Other liabilities                                        3,757,231        283,819      3,473,412               1,223.81%

   Increase in temporary partnership funds                    27,023,092     30,269,572     (3,246,480)                (10.73%)

 Net cash generated from operating activities                  6,812,261      2,041,035      4,771,226                 233.77%




      PT Bank Syariah Indonesia Tbk
188 2024 Annual Report
Page 191
                                                                                                                      Growth
                        Description                           2024                  2023
                                                                                                        Nominal                     %

                                (1)                            (2)                    (3)             (4) = (2)-(3)            (5) = (4)/(3)

 CASH FLOW FROM INVESTMENT ACTIVITIES

 Sale/disposal of investments in securities                103,380,752           111,080,068           (7,699,316)                 (6.93%)

 Acquisition of securities                                 (92,955,821)         (120,672,073)          27,716,252                 (22.97%)

 Proceeds from sale of fixed assets                              1,274                  5,521              (4,247)                (76.92%)

 Acquisition of fixed assets                                (2,935,755)             (826,243)          (2,109,512)                255.31%

 Acquisition of intangible assets                           (1,144,967)             (991,632)            (153,335)                 15.46%

 Net cash (used for)/ obtained from investing activities     6,345,483           (11,404,359)          17,749,842                 155.64%

 CASH FLOW FROM FINANCING ACTIVITIES

 Payment of lease liabilities                                (151,913)              (134,742)             (17,171)                 12.74%

 Dividend payment                                            (855,561)              (426,018)            (429,543)                100.83%

 Mudharabah term financing payments                         (7,778,995)             (781,307)          (6,997,688)                895.64%

 Acceptance of mudharabah term financing                     8,001,935               776,250             7,225,685                930.85%

 Settlement of securities issued                                      -           (1,375,000)            1,375,000              (100.00%)

 Securities issued                                           3,015,731               203,759             2,811,972              1,380.05%

 Liabilities to Bank Indonesia                               6,517,809             11,900,055          (5,382,246)                (45.23%)

 Net cash provided by financing activities                   8,749,006            10,162,997           (1,413,991)                (13.91%)



 NET INCREASE IN CASH AND CASH EQUIVALENTS                  21,906,750               799,673           21,107,077               2,639.46%

 CASH AND CASH EQUIVALENTS AT THE BEGINNING
                                                            40,021,092            39,221,419              799,673                   2.04%
 OF THE YEAR

 CASH AND CASH EQUIVALENTS AT YEAR END                      61,927,842            40,021,092           21,906,750                  54.74%

 Cash and cash equivalents at year-end consist of:

   Cash                                                      8,080,689              5,255,841            2,824,848                 53.75%

   Current account and placement at Bank Indonesia          49,966,279             32,440,778          17,525,501                  54.02%

   Current account and placements in other banks             3,880,874              2,324,473            1,556,401                 66.96%

 TOTAL                                                      61,927,842            40,021,092           21,906,750                  54.74%



Cash Flow From Operating Activities                                       used for investment activities amounting to negative IDR11.40
                                                                          trillion. In 2024, there were more sales/disposals of securities
Net cash generated from operating activities in 2024 amounted             compared to acquisitions, resulting in higher net cash from
to IDR6.81 trillion, an increase of 233.77% compared to net cash          investing activities than in 2023.
generated from operating activities in 2023 which amounted to
IDR2.04 trillion. The increase was primarily driven by customer           Cash Flow From Financing Activities
deposits, which grew by IDR4.69 trillion, and income from sales
transactions, profit-sharing, ijarah, and other core business             Net cash flow obtained from financing activities in 2024
activities, which rose by IDR2.90 trillion.                               amounted to IDR8.75 trillion, down 13.91% compared to net cash
                                                                          obtained from financing activities in 2023 which amounted to
Cash Flow From Investment Activities                                      IDR10.16 trillion. Liabilities to Bank Indonesia in 2024 decreased
                                                                          by IDR5.38 trillion compared to 2023, which contributed to the
Net cash obtained from investment activities in 2024 amounted             decline in cash flows from financing activities.
to IDR6.35 trillion, in contrast to 2023 which recorded net cash




                                                                                                        PT Bank Syariah Indonesia Tbk
                                                                                                                 2024 Annual Report
                                                                                                                                             189
Page 192
MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




Statements of Reconciliation of Income and Revenue Sharing

Table of Revenue and Profit Sharing Reconciliation Statement                                                                       (in IDR millions)



                                                                                                                      Growth
                        Description                             2024                 2023
                                                                                                       Nominal                      %

                              (1)                                (2)                  (3)             (4) = (2)-(3)            (5) = (4)/(3)

 Revenue from fund management as mudharib                    25,298,203           22,251,743           3,046,460                  13.69%

 Deduction

 Current year revenue for which cash or cash equivalents
 have not yet been received:

   Income from sales and purchase                             (620,300)             (623,425)               3,125                 (0.50%)

   Income from profit sharing                                   (79,292)             (44,429)            (34,863)                 78.47%

   Amortization income from the difference in the
   acquisition value of securities compared to the              (75,137)            (104,229)             29,092                 (27.91%)
   nominal value

   Income from ijarah - net                                     (33,132)             (29,685)             (3,447)                 11.61%

   Other main operating income                                (979,776)             (889,375)            (90,401)                 10.16%

                                                             (1,787,637)          (1,691,143)            (96,494)                  5.71%

 Additions

 Prior year income for which cash or cash equivalents are
 received in the current year:

   Income from sales and purchase                               623,425              588,556              34,869                   5.92%

   Income from profit sharing                                    44,429               25,972              18,457                  71.06%

   Amortization income from the difference in the
   acquisition value of securities compared to the              104,229               43,778              60,451                 138.09%
   nominal value

   Income from ijarah - net                                      29,685               20,093                9,592                 47.74%

   Other main operating income                                  889,375              898,140              (8,765)                 (0.98%)

                                                              1,691,143            1,576,539             114,604                   7.27%

 Income available for profit sharing                         25,201,709           22,137,139           3,064,570                  13.84%

 The Bank's profit sharing rights                           (17,312,680)         (16,143,971)         (1,168,709)                  7.24%

 Third party rights to profit sharing                         7,889,029            5,993,168           1,895,861                  31.63%

 Detailed to:

   The rights of fund owners to the profits that have
                                                              7,597,451            5,737,236           1,860,215                  32.42%
   been distributed

   The rights of fund owners to undistributed profit
                                                                291,578              255,932              35,646                  13.93%
   sharing

 Total                                                        7,889,029            5,993,168           1,895,861                  31.63%




Revenue From Management of Funds as Mudharib                               Current Year Income for Which Cash or Cash
                                                                           Equivalents Have Not Been Received
The revenue from fund management by banks as mudharib in
2024 was IDR25.30 trillion, an increase of 13.69% compared to              Current year income for which cash or cash equivalents have not
2023 which was IDR22.25 trillion. The most significant increase            been received in 2024 amounted to IDR1.79 trillion, an increase
was in profit-sharing income, which grew by IDR2.06 trillion or            of 5.71% compared to 2023 which amounted to IDR1.69 trillion.
34.69% compared to 2023.                                                   The increase was due to growth in other main operating income
                                                                           of IDR 90.40 billion.




         PT Bank Syariah Indonesia Tbk
190 2024 Annual Report
Page 193
Previous Year Income for Which Cash or Cash                             Profit Sharing Rights Belonging to the Bank
Equivalents Were Received In the Current Year
                                                                        The bank's profit sharing rights in 2024 amounted to IDR17.31
The previous year's income for which cash or cash equivalents           trillion, an increase of 7.24% compared to 2023 which amounted
were received in the current year 2024 amounted to IDR1.69              to IDR16.14 trillion.
trillion, an increase of 7.27% compared to 2023 which amounted
to IDR1.58 trillion. The increase was driven by the growth in           Third Party Rights to Profit Sharing
amortization income from the difference between the acquisition
value of securities and their nominal value.                            Third party rights to profit sharing in 2024 amounted to IDR7.89
                                                                        trillion, an increase of 31.63% compared to 2023 which amounted
Available Income for Profit Sharing                                     to IDR5.99 trillion. The increase was driven by the growth of
                                                                        mudharabah deposits and mudharabah demand deposits.
The income available for profit sharing in 2024 is IDR25.20
trillion, an increase of 13.84% compared to 2023 which was
IDR22.14 trillion. The increase is in line with the growth in fund
management income as a mudharib.


Statements on Sources and Distribution of Zakat Funds

Statement on Sources and Distribution of Zakat Funds                                                                            (in IDR millions)



                                                                                                                   Growth
                       Description                            2024                2023
                                                                                                     Nominal                     %

                             (1)                               (2)                 (3)             (4) = (2)-(3)            (5) = (4)/(3)

 Sources of zakat funds

   Internal bank                                             232,061             189,730               42,331                  22.31%

   External bank

      Employee                                                36,452              33,041                3,411                  10.32%

      Customers and the public                                38,743              34,731                4,012                  11.55%

                                                             307,256             257,502               49,754                  19.32%

 Distribution of zakat funds

   Distributed to other institutions                        (268,348)           (205,881)             (62,467)                 30.34%

 Reduction of zakat funds                                     38,908              51,621              (12,713)                (24.63%)

 Initial balance of zakat funds                              196,774             145,153               51,621                  35.56%

 Final balance of zakat funds                                235,682             196,774               38,908                  19.77%


Zakat for employees, customers, and the general public is zakat that is paid individually through the Bank's E-Channel platform and will
be distributed to zakat management institutions.


Source of Zakat Funds                                                   Distribution of Zakat Funds

The source of zakat funds in 2024 was IDR307.26 billion, an             The distribution of zakat funds in 2024 amounted to IDR268.35
increase of 19.32% compared to 2023 which was IDR257.50                 billion, an increase of 30.34% compared to 2023 which was
billion. The increase was mainly due to the growth of zakat funds       IDR205.88 billion. BSI's zakat funds were distributed through
from internal banks of IDR42.33 billion.                                Zakat Institutions and Zakat Fund Institution.




                                                                                                     PT Bank Syariah Indonesia Tbk
                                                                                                              2024 Annual Report
                                                                                                                                         191
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MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




Statements of Sources and Use of Qardhul Hasan Funds

Statement of Sources and Uses of Qardhul Hasan Funds                                                                              (in IDR millions)



                                                                                                                     Growth
                      Description                              2024                 2023
                                                                                                       Nominal                     %

                            (1)                                 (2)                  (3)             (4) = (2)-(3)            (5) = (4)/(3)

 Source of qardhul hasan funds

   Infaq and shadaqah                                           84,691               63,947               20,744                  32.44%

   Penalty                                                      21,972               17,915                4,057                  22.65%

   Non-halal income                                              1,240                 1,733               (493)                 (28.45%)

   Others                                                        4,094                     -               4,094                 100.00%

                                                               111,997               83,595               28,402                  33.98%

 Use of qardhul hasan funds

   Donation                                                   (117,028)             (80,736)            (36,292)                  44.95%

 (Decrease)/increase in benevolent funds                        (5,031)                2,859              (7,890)              (275.97%)

 Initial balance of qardhul hasan fund                           9,907                7,048                2,859                  40.56%

 Ending balance of qardhul hasan fund                            4,876                9,907               (5,031)               (50.78%)




In accordance with DSN-MUI Fatwa No. 123/DSN-MUI/XI/2018,                 billion. The increase was mainly due to an increase in infaq and
the Charity Fund comes from Funds that May Not Be Recognized              shadaqah in 2024 of IDR20.74 billion.
as Income (TBDSP Funds), including the following:
1. Transactions that are not in accordance with sharia principles         Use of Qardhul Hasan Funds
     that cannot be avoided including interest income (riba).
2. Sharia transactions that do not meet the provisions and                The use of qardhul hasan in 2024 amounted to IDR117.03 billion,
     limitations (pillars and/or conditions).                             an increase of 44.95% compared to 2023 which amounted to
3. Sanction funds (fines) for not fulfilling obligations according        IDR80.74 billion. This was due to an increase in donations in
     to the agreement.                                                    2024.
4. Funds whose owner is unknown, whose owner is known but
     not found or whose owner is known but the cost of returning
     it is greater than the amount of the funds.                          Profit Sharing Distribution Report

qardhul hasan funds consist of social funds originating from fines/       Throughout 2023-2024, the distribution of profit sharing for
penalties, transactions that are not in accordance with sharia            fund collection and distribution activities is presented in the
principles, and infaq and shadaqah originating from E-Channel.            table below.
Infaq and shadaqah are assets that are voluntarily given by their
owners, whether the allocation is limited (determined) or not.            Fund Collection
Others consist of accounts for holding financing installments,
obligations to third parties, administration accounts, clearing           The total average balance of fund collection in 2024 amounted
intermediaries and others.                                                to IDR231.61 trillion, with total revenue allocated for profit
                                                                          sharing reaching IDR1.74 trillion. Meanwhile, the total average
Source of Qardhul Hasan Funds                                             balance of fund collection in 2023 was IDR208.43 trillion, with
                                                                          total revenue allocated for profit sharing amounting to IDR1.57
The total source of qardhul hasan in 2024 was IDR111.99 billion,          trillion.
an increase of 33.98% compared to 2023 which was IDR83.60




      PT Bank Syariah Indonesia Tbk
192 2024 Annual Report
Page 195
Table of Profit Sharing Distribution Report for Fund Collection in 2024

                                           Net Revenue Sharing                                                  Profit Sharing

                                                             Owner’s Share Ratio                                              Owner’s Share Ratio

                                                        Pre-                                                               Pre-
    Type of Fund         Average                                            Indicated   Average                                                Indikasi
                                      Shared Income   agreed       Total                           Shared Income         agreed      Total
     Collection          Balance                                             of Rate    Balance                                                Rate of
                                                       profit      Profit                                                 profit     Profit
                                                                            of Return                                                           Return
                                                      sharing     Sharing                                                sharing    Sharing
                                                                               (%)                                                               (%)
                                                        (%)                                                                (%)

                            A               B            C           D         E           A                B                 C           D         E

1. Placement at
                           297,754         2,231      20.44           456      1.84        -                -                 -           -         -
   other banks

2. Mudharabah
                        35,781,434       268,101      43.07      115,482       3.87        -                -                 -           -         -
   current account

3. Mudharabah
                        78,679,701       589,527       5.71        33,675      0.51        -                -                 -           -         -
   savings

4. Mudharabah time
                        112,646,493      844,033             -   221,594           -       -                -                 -           -         -
   deposit

  a. 1 Month            61,879,491       463,648      25.19      116,783       2.26        -                -                 -           -         -

  b. 3 Months           29,533,162       221,285      27.69        61,275      2.49        -                -                 -           -         -

  c. 6 Months           12,711,555        95,245      28.15        26,814      2.53        -                -                 -           -         -

  d. 12 Months           8,522,285        63,855      26.19        16,722      2.35        -                -                 -           -         -

5. Issued securities     3,200,000        26,397      68.52        18,086      6.78        -                -                 -           -         -

6. Received financing    1,000,000         7,493      75.63         5,667      6.80        -                -                 -           -         -

Total                   231,605,382    1,737,782             -   394,960           -       -                -                 -           -         -


Table of Profit-Sharing Distribution Report for Fund Collection in 2023

                                           Net Revenue Sharing                                                  Profit Sharing


                                                            Owner’s Share Ratio                                               Owner’s Share Ratio

                                                        Pre-                                                             Pre-
    Type of Fund         Average                                                        Average                                               Indicated
                                      Shared Income   agreed       Total    Indicated             Shared Income        agreed       Total
     Collection          Balance                                                        Balance                                                of Rate
                                                       profit      Profit    Rate of                                    profit      Profit
                                                                                                                                              of Return
                                                      sharing     Sharing   Return(%)                                  sharing     Sharing
                                                                                                                                                 (%)
                                                        (%)                                                              (%)

                            A              B            C           D          E          A            B                  C           D          E

1. Placement in
                           389,564        2,930       20.31           595      1.83        -            -                 -           -           -
   other banks

2. Mudharabah
                        30,295,642      227,875       46.97      107,044       4.24        -            -                 -           -           -
   current account

3. Mudharabah
                        72,646,672      546,426        7.53        41,172      0.68        -            -                 -           -           -
   savings

4. Mudharabah time
                        104,125,452     783,200              -   211,707           -       -            -                 -           -           -
   deposit

  a. 1 Month            59,224,732      445,471       26.74      119,118       2.41        -            -                 -           -           -

  b. 3 Months           26,030,204      195,791       27.68        54,186      2.50        -            -                 -           -           -

  c. 6 Months            8,308,741       62,496       28.10        17,559      2.54        -            -                 -           -           -

  d. 12 Months          10,561,775       79,442       26.24        20,844      2.37        -            -                 -           -           -

5. Securities Issued       200,000        1,504       87.57         1,317      7.90        -            -                 -           -           -

6. Received financing      776,250        5,839       71.45         4,172      6.45        -            -                 -           -           -

Total                   208,433,580    1,567,774             -   366,007           -       -            -                 -           -           -




                                                                                                                PT Bank Syariah Indonesia Tbk
                                                                                                                         2024 Annual Report
                                                                                                                                                    193
Page 196
MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




Fund Distribution

The total average balance of fund distribution in 2024 amounted to IDR290.48 trillion, with a total revenue to be shared of IDR2.09
trillion. Meanwhile, in 2023, the total average balance of fund distribution was IDR260.63 trillion, with a total revenue to be shared of
IDR1.85 trillion.


Table of Profit-Sharing Distribution Report of Fund Distribution                                                               (in IDR millions)



                                                             2024                                               2023


                                                                       Revenue to be                                   Revenue to be
     Type of Fund Distribution            Average Balance                                    Average Balance
                                                                          Shared                                          Shared


                                                  A                         B                        A                        B

 Placement in other banks                        578,681                        69                  349,737                        -

 Securities owned                             42,918,753                  238,435                47,197,896                 246,704

 Murabahah receivables                       133,680,881                 1,107,156             127,477,713                1,049,102

 Istishna receivables                                 13                        10                       32                        8

 Multijasa-service receivables                   173,810                    1,535                  207,950                    1,975

 Pawn financing                                         -                        -                        -                        -

 Mudharabah financing                          2,702,825                   10,065                 1,770,933                   6,591

 Musyarakah financing                        107,209,841                  711,969                81,363,476                 530,526

 Lease financing                               3,214,823                   19,841                 2,260,540                  14,527

 Other financing                                        -                        -                        -                        -

 Total                                       290,479,627                 2,089,080             260,628,277                1,849,433




Debt Payment Ability and Receivables Collectibility

Debt Payment Ability

Creditor Rights Protection                                                Short-Term Debt Payment Ability (Liquidity)

BSI has policies regarding the fulfillment of creditors' rights, one      A bank’s liquidity is influenced by financing structure, asset
of which is through the rights of mudharabah sukuk holders.               liquidity, third-party liabilities, and financing commitments to
The rights of mudharabah sukuk holders are paripassu (equal),             debtors. BSI’s liquidity adequacy is measured using the Financing
without preferential rights, with other BSI creditors' rights,            to Deposit Ratio (FDR). The calculation of the FDR (Financing to
both existing and future, except for BSI creditors' rights that are       Deposit Ratio) refers to the Financial Services Authority Circular
specifically secured by BSI’s assets, whether existing or future.         Letter (SEOJK) Number 10/SEOJK.03/2020 concerning the
                                                                          Transparency and Publication of Reports for Sharia Banks and
Creditor protection includes BSI's obligation to pay the                  Sharia Business Units.
entire amount due to mudharabah sukuk holders, consisting
of mudharabah sukuk funds, profit-sharing income, and late
payment penalties (if any). These payments must be made on
the scheduled repayment date of the mudharabah sukuk funds
and the profit-sharing income payment date, in accordance with
the provisions of the mudharabah sukuk trustee agreement
(whichever is applicable).




      PT Bank Syariah Indonesia Tbk
194 2024 Annual Report
Page 197
Tabel of Short-Term Debt Payment Ability                                                                                                                   (In %)



                            Description                                           2024                         2023                   Increase/Decrease

                                    (1)                                             (2)                          (3)                     (4) = (2)-(3)

 Financing to Deposit Ratio (FDR)                                                  84.97%                       81.73%                          3.24%


The FDR (Financing to Deposit Ratio) in 2024 was 84.97%, an increase from 81.73% in 2023. This indicates that the distribution of
funds (financing) in 2024 was more optimal compared to 2023, leading to a higher financing growth of IDR38.15 trillion or 15.89%,
compared to the increase in third-party funds (DPK), which amounted to IDR33.68 trillion or 11.46% year-on-year.


Long-Term Debt Payment Ability (Solvency)

The bank measures solvency through the Capital Adequacy Ratio (CAR). It ensures sufficient capital to cover credit risk, market risk,
and operational risk. The calculation of the CAR refers to Financial Services Authority Regulation (POJK) Number 21/POJK.03/2014
concerning the Minimum Capital Requirement for Sharia Commercial Banks.


Table of Long-Term Debt Payment Ability                                                                                                                    (In %)



                            Description                                           2024                         2023                   Increase/Decrease

                                    (1)                                             (2)                          (3)                     (4) = (2)-(3)

 Capital Adequacy Ratio (CAR)                                                     21.40%                       21.04%                           0.36%


The CAR in 2024 stood at 21.40%, an increase from 21.04% in 2023. The rise in net profit in 2024 was a key factor contributing to the
increase in capital. This ratio also reflects the bank’s strong solvency, as it exceeds the minimum CAR requirement set by the regulator,
ensuring the bank's ability to anticipate various risks, including credit risk, market risk, and operational risk.


Debt Payment Ability From Issued Securities

The ability to repay debt can also be reflected through the rating of securities issued by BSI, namely sukuk. The securities issued are
regularly assessed by rating agencies to support their creditworthiness. The quality of the securities is highly determined by the issuing
company's ability to repay them upon maturity and its capacity to pay interest or coupons throughout the issuance period.


Table of Debt Payment Ability from Issued Securities

                                                                                                                        Rating
                                     Description
                                                                                                       2024                               2023

 Subordinated Medium-Term Sukuk Mudharabah of PT Bank Syariah Indonesia, Tbk
                                                                                             AA (sy) oleh (Pefindo)               AA (sy) oleh (Pefindo)
 2023                                                                                       id                                   id


 Sustainable Sukuk Mudharabah I Bank BSI Phase I 2024                                             AAA oleh (Pefindo)
                                                                                                 Id
                                                                                                                                            -



Table of Rating Meaning

       Rating Agency                      Rating                                                      Meaning

                                                        The highest rating, indicating that the issuer has an extremely high ability to meet its financial
                                               AAA
                                          Id
                                                        obligations.
 Pefindo
                                                        A high rating, showing that the issuer has an excellent ability to pay debts, but slightly lower
                                                AA
                                           Id
                                                        than AAA




                                                                                                                       PT Bank Syariah Indonesia Tbk
                                                                                                                                2024 Annual Report
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MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




Receivables Collectibility

The calculation of the Bank’s non-performing financing (NPF) ratio for 2024 and 2023 refers to the Financial Services Authority Circular
No. 10/SEOJK.03/2020 dated July 1, 2020, concerning Transparency and Publication of Reports for Islamic Commercial Banks and
Islamic Business Units.


Table of Bank's Non-Performing Financing Ratio                                                                                        (In %)



                            Description                                     2024                 2023            Increase/Decrease

                                  (1)                                       (2)                   (3)                (4) = (2)-(3)

 Non Performing Financing (NPF) Gross                                       1.90%                2.08%                   (0.18%)

 Non Performing Financing (NPF) Nett                                        0.50%                0.55%                   (0.05%)



The NPF Gross (before deducting allowance for impairment losses) in 2024 stood at 1.90%, improving by 0.18% compared to 2.08%
in 2023. Meanwhile, NPF Net decreased by 0.05%, from 0.55% in 2023 to 0.50% in 2024. Maintained financing quality and selective
financing distribution in 2024 led to a decrease or improvement in the NPF ratio.




Productive Asset Quality Analysis

In 2024, the total productive assets of both related and unrelated parties at BSI amounted to IDR346.58 trillion, an increase of 9.35%
compared to 2023, which stood at IDR316.95 trillion. The increase in productive assets was primarily driven by financing growth of
IDR38.17 trillion


The composition of productive assets in 2024 includes IDR336.33 trillion categorized as current, IDR4.97 trillion under special mention,
IDR1.32 trillion as substandard, IDR684.44 billion as doubtful, and IDR3.27 trillion as non-performing.


Table of Productive Asset Quality Table                                                                                     (in IDR millions)


                                                                                              INDIVIDUAL

                                                                                       2024
 No.                    ITEMS
                                                              Special
                                               Current                       Substandard      Doubtful        Loss            Total
                                                              Mention
 A.      RELATED PARTIES                       1,622,945                -              -                 -           -       1,622,945
  1      Placements in Other Banks               128,548                -              -                 -           -         128,548
          a.   Rupiah                            106,497                -              -                 -           -         106,497
          b.   Foreign Currency                   22,051                -              -                 -           -             22,051
  2      Spot and Forward Receivables                    -              -              -                 -           -                   -
          a.   Rupiah                                    -              -              -                 -           -                   -
          b.   Foreign Currency                          -              -              -                 -           -                   -
  3      Securities Owned                        193,454                -              -                 -           -         193,454
          a.   Rupiah                            193,454                -              -                 -           -         193,454
          b.   Foreign Currency                          -              -              -                 -           -                   -
  4      Acceptance Receivables                   42,433                -              -                 -           -             42,433
         Receivables-Based and Lease-Based
  5                                               57,017                -              -                 -           -             57,017
         Financing




       PT Bank Syariah Indonesia Tbk
196 2024 Annual Report
Page 199
The level of financing collectibility can be assessed based on the smoothness of financing repayments. The disbursed financing and its
collectibility classification are reflected in the following table.


TTable of Receivables Based on Collectibility Category                                                                                      (in IDR millions)


                                                          2024                                 2023                            Increase/Decrease

                                                              Allowance                             Allowance                              Allowance
              Description                                         for                                   for                                    for
                                             Principal                            Principal                                  Pincipal
                                                             Impairment                            Impairment                             Impairment
                                                                Losses                                Losses                                  Losse

                       (1)                      (2)                 (3)              (4)                 (5)             (6) = (2)-(4)    (7) = (3)-(5)
 Current                                    268,203,867          4,184,861       230,399,752          3,927,279          37,804,115          257,582

 Special Mention                              4,998,011          2,225,343         4,929,487          2,088,204                68,524        137,139

 Substandard                                  1,319,945           527,992          1,483,459           706,100               (163,514)      (178,108)

 Doubtful                                      684,435            250,251           866,731            438,182               (182,296)      (187,931)

 Loss                                         3,274,985          3,103,235         2,636,615          2,528,697               638,370        574,538

 Total                                      278,481,243      10,291,682          240,316,044          9,688,462          38,165,199          603,220


The total principal and financing receivables in 2024 amounted to IDR278.48 trillion, an increase of IDR38.16 trillion compared to
2023, which stood at IDR240.32 trillion. In 2024, the principal and financing receivables categorized as current amounted to IDR268.20
trillion, under special mention amounted to IDR5.00 trillion, substandard amounted to IDR1.32 billion, doubtful amounted to Rp684.44
billion, and non-performing amounted to IDR3.27 trillion.




                                                          INDIVIDUAL

                                                                          2023

         Current             Special Mention             Substandard               Doubtful                       Loss                    Total

         1,527,157                      -                           -                         -                          -               1,527,157
           105,240                      -                           -                         -                          -                105,240
            71,630                      -                           -                          -                         -                 71,630
            33,610                      -                           -                          -                         -                 33,610
                   -                    -                           -                         -                          -                         -
                   -                    -                           -                          -                         -                         -
                   -                    -                           -                          -                         -                         -
           147,792                      -                           -                         -                          -                147,792
           147,792                      -                           -                          -                         -                147,792
                   -                    -                           -                          -                         -                         -
            61,610                      -                           -                         -                          -                 61,610

            46,340                      -                           -                         -                          -                 46,340




                                                                                                                   PT Bank Syariah Indonesia Tbk
                                                                                                                            2024 Annual Report
                                                                                                                                                       197
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MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




                                                                                                INDIVIDUAL

                                                                                         2024
 No.                       ITEMS
                                                            Special
                                              Current                       Substandard         Doubtful         Loss              Total
                                                            Mention
          a.   MSME Customers                           -               -                -                 -                -              -
                    i,   Rupiah                         -               -                -                 -                -              -
                ii,      Foreign Currency               -           -                -                -                 -                  -
          b.   Non-MSME Customers                57,017             -                -                -                 -           57,017
                    i,   Rupiah                  57,017             -                -                -                 -           57,017
                ii,      Foreign Currency               -           -                -                -                 -                  -
          c.   Restructured Financing                   -           -                -                -                 -                  -
                    i,   Rupiah                         -           -                -                -                 -                  -
                ii,      Foreign Currency               -           -                -                -                 -                  -
  6      Profit-Sharing Financing              1,146,577            -                -                -                 -         1,146,577
          a.   MSME Customers                           -           -                -                -                 -                  -
                    i,   Rupiah                         -           -                -                -                 -                  -
                ii,      Foreign Currency               -           -                -                -                 -                  -
          b.   Non-MSME Customers              1,146,577            -                -                -                 -         1,146,577
                    i,   Rupiah                1,146,577            -                -                -                 -         1,146,577
                ii,      Foreign Currency               -           -                -                -                 -                  -
          c.   Restructured Financing                   -           -                -                -                 -                  -
               i,        Rupiah                         -           -                -                -                 -                  -
               ii,       Foreign Currency               -           -                -                -                 -                  -
  7      Equity Participation                           -           -                -                -                 -                  -
  8      Commitments and Contingencies           54,916             -                -                -                 -           54,916
          a.   Rupiah                            54,916             -                -                -                 -           54,916
          b.   Foreign Currency                         -           -                -                -                 -                  -


 B.      UNRELATED PARTIES                   334,710,939    4,970,827        1,319,946          684,436        3,274,984        344,961,132
  1      Placements in Other Banks             1,352,326            -                -                -                 -         1,352,326
          a.   Rupiah                           193,933             -                -                -                 -          193,933
          b.   Foreign Currency                1,158,393            -                -                -                 -         1,158,393
  2      Spot and Forward Receivables                   -           -                -                -                 -                  -
          a.   Rupiah                                   -           -                -                -                 -                  -
          b.   Foreign Currency                         -           -                -                -                 -                  -
  3      Securities Owned                     64,458,351            -                -                -                 -        64,458,351
          a.   Rupiah                         55,582,680            -                -                -                 -        55,582,680
          b.   Foreign Currency                8,875,671            -                -                -                 -         8,875,671
  4      Acceptance Receivables                 147,712             -                -                -                 -          147,712
         Receivables-Based and Lease-Based
  5                                          154,881,030    2,178,512         895,038           555,608        2,169,439        160,679,627
         Financinga
          a.   MSME Customers                 35,827,329     528,409          320,714           171,936         437,931          37,286,319
                    i,   Rupiah               35,576,086     528,409          320,714           171,936         437,931          37,035,076
                ii,      Foreign Currency       251,243             -                -                -                 -          251,243
          b.   Non-MSME Customers            119,053,701    1,650,103         574,324           383,672        1,731,508        123,393,308
                    i,   Rupiah              116,138,180    1,650,103         574,324           383,672        1,731,508        120,477,787
                ii,      Foreign Currency      2,915,521            -                -                -                 -         2,915,521




       PT Bank Syariah Indonesia Tbk
198 2024 Annual Report
Page 201
                                  INDIVIDUAL

                                                2023

  Current       Special Mention   Substandard          Doubtful    Loss                   Total

       289                 -                -                 -           -                   289
       289                 -                -                 -           -                   289
            -              -                -                 -           -                       -
    46,051                 -                -                 -           -                46,051
    46,051                 -                -                 -           -                46,051
            -              -                -                 -           -                       -
            -              -                -                 -           -                       -
            -              -                -                 -           -                       -
            -              -                -                 -           -                       -
  1,084,211                -                -                 -           -             1,084,211
                           -                -                 -           -                       -
                           -                -                 -           -                       -
                           -                -                 -           -                       -
  1,084,211                -                -                 -           -             1,084,211
  1,084,211                -                -                 -           -             1,084,211
                           -                -                 -           -                       -
                           -                -                 -           -                       -
                           -                -                 -           -                       -
                           -                -                 -           -                       -
                           -                -                 -           -                       -
    81,964                 -                -                 -           -                81,964
    81,964                 -                -                 -           -                81,964
            -              -                -                 -           -                       -


305,440,046        4,900,652        1,483,459           866,730   2,735,615           315,426,502
  1,969,233                -                -                 -           -             1,969,233
   317,627                 -                -                 -           -               317,627
  1,651,606                -                -                 -           -             1,651,606
            -              -                -                 -           -                       -
            -              -                -                 -           -                       -
            -              -                -                 -           -                       -
 71,304,734                -                -                 -     99,000             71,403,734
 69,304,449                -                -                 -     99,000             69,403,449
  2,000,285                -                -                 -           -             2,000,285
   369,618                 -                -                 -           -               369,618

144,087,610        2,193,525         856,023            693,907   1,717,884           149,548,949

 30,419,670          582,952         295,023            246,213    337,464             31,881,322
 30,398,595          582,952         295,023            246,213    337,464             31,860,247
    21,075                 -                -                 -                            21,075
113,667,940        1,610,573         561,000            447,694   1,380,420           117,667,627
111,648,069        1,610,573         561,000            447,694   1,380,420           115,647,756
  2,019,871                -                -                 -           -             2,019,871




                                                                     PT Bank Syariah Indonesia Tbk
                                                                              2024 Annual Report
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Page 202
MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




                                                                                                INDIVIDUAL

                                                                                         2024
 No.                     ITEMS
                                                                Special
                                                  Current                   Substandard         Doubtful        Loss                 Total
                                                                Mention
          c.    Restructured Financing             2,911,577     354,236      302,273           162,287      1,265,413             4,995,786
                 i,    Rupiah                      2,911,577     354,236      302,273           162,287      1,265,413             4,995,786
                 ii,   Foreign Currency                     -           -            -                -                -                      -
   6     Profit-Sharing Financing                111,526,474    2,791,965     424,908           128,828      1,105,545         115,977,720
          a.    MSME Customers                    14,532,326      77,584      101,361            68,284       349,304           15,128,859
                 i,    Rupiah                     14,064,381      77,584      101,361            68,284       349,304           14,660,914
                 ii,   Foreign Currency               467,945           -            -                -                -             467,945
          b.    Non-MSME Customers                96,994,148    2,714,381     323,547            60,544       756,241          100,848,861
                 i,    Rupiah                     94,383,085    2,589,427     158,666            60,544       756,241           97,947,963
                 ii,   Foreign Currency            2,611,063     124,954      164,881                 -                -           2,900,898
          c.    Restructured Financing             6,991,160    2,574,564     315,893            51,579       794,577           10,727,773
                 i,    Rupiah                      6,223,892    2,449,610     151,012            51,579       794,577              9,670,670
                 ii,   Foreign Currency               767,268    124,954      164,881                 -                -           1,057,103
   7     Equity Participation                               -           -            -                -                -                      -
   8     Commitments and Contingencies             2,350,046         350             -                -                -           2,350,396
          a.    Rupiah                             1,343,667         350             -                -                -           1,344,017
          b.    Foreign Currency                   1,006,379            -            -                -                -           1,006,379


 III     OTHER INFORMATION
   1     Total Bank Assets Used as Collateral:                                                                                  19,800,000
          a.    With Bank Indonesia                                                                                             19,800,000
          b.    With Other Parties                                                                                                            -
   2     Foreclosed Collateral                                                                                                                -




Capital Structure

BSI consistently maintains an optimal capital structure to support its business development.


Details of Capital Structure

Mandiri Syariah's capital structure consists of Core Capital (Tier 1) and Supplementary Capital (Tier 2). The details of BSI’s capital
structure are as follows.


Table of Details of Capital Structure                                                                                            (in IDR millions)



                                                                                                       Individual
                                    Capital Components
                                                                                          2024                              2023

   I     Core Capital (Tier I)                                                       41,685,617                     36,095,427

         1. Common Equity Tier 1 (CET 1)                                             41,685,617                     36,095,427

           1.1. Paid-up Capital                                                      22,923,383                     22,923,383

           1.2. Additional Capital Reserves                                          21,699,922                     15,503,653

               1.2.1. Increasing Factors                                             29,067,327                     22,814,244

                 1.2.1.1 Other Comprehensive Income                                      553,440                           450,684




       PT Bank Syariah Indonesia Tbk
200 2024 Annual Report
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                                                    INDIVIDUAL

                                                                     2023

 Current              Special Mention              Substandard                  Doubtful                  Loss                   Total

 4,556,503                   687,343                    371,121                  401,958                 1,310,476             7,327,411
 4,474,280                   687,343                    371,121                  401,958                 1,310,476             7,245,188
   82,223                            -                          -                      -                         -                82,223
84,587,477                 2,706,652                    627,436                  172,823                  918,731             89,013,119
12,797,637                   153,659                    109,497                  133,400                  298,181             13,492,374
12,725,685                   153,659                    109,497                  133,400                  298,181             13,420,422
   71,952                            -                          -                      -                         -                71,952
71,789,840                 2,552,993                    517,939                   39,423                  620,550             75,520,745
70,020,881                 2,552,993                    184,145                   39,423                  620,550             73,417,992
 1,768,959                           -                  333,794                        -                         -             2,102,753
 7,487,163                 2,523,870                    553,633                  125,187                  752,301             11,442,154
 6,749,120                 2,523,870                    219,839                  125,187                  752,301             10,370,317
  738,043                            -                  333,794                        -                         -             1,071,837
                                     -                          -                      -                         -                       -
 3,121,374                        475                           -                      -                         -             3,121 849
 2,082,954                        475                           -                      -                         -             2,083,429
 1,038,420                           -                          -                      -                         -             1,038,420




                                                                                                                              12,500,000
                                                                                                                              12,500,000
                                                                                                                                         -
                                                                                                                                         -




                                                                                                            Individual
                            Capital Components
                                                                                              2024                           2023

             1.2.1.1.1 Excess from foreign exchange translation
                                                                                                     -                             -
                 of financial statements

             1.2.1.1.2 Potential gains from increased fair value of financial
                 assets measured at fair value through other                                         -                        6,154
                 comprehensive income

             1.2.1.1.3 Surplus balance on revaluation of fixed assets                        553,440                        444,530

        1.2.1.2 Other Disclosed Reserves                                                   28,513,887                    22,363,560

             1.2.1.2.1 Agio Ordinary share                                                  3,381,491                     3,381,491

             1.2.1.2.2 General reserves                                                     3,377,462                     2,236,713

             1.2.1.2.3 Retained earnings from previous years after tax                     14,678,422                    10,970,989




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MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




                                                                                                       Individual
                                    Capital Components
                                                                                            2024                       2023

                    1.2.1.2.4 Profit for the year after tax                               7,005,888                 5,703,743

                    1.2.1.2.5 Paid-up capital funds                                                -                        -

                    1.2.1.2.6 Donated capital                                                      -                        -

                    1.2.1.2.7 Issued warrants                                                      -                        -

                    1.2.1.2.8 Stock options, which are issued as part of stock-based
                                                                                            70,624                    70,624
                            compensation programs

              1.2.2. Deduction Factors -/-                                                7,367,405                 7,310,591

                 1.2.2.1 Other comprehensive expenses                                       56,814                          -

                    1.2.2.1.1 Deficiency from foreign exchange translation
                                                                                                   -                        -
                            of financial statements

                    1.2.2.1.2 Potential losses from a decrease in the fair value
                            of financial assets measured at fair value through other        56,814                          -
                            comprehensive income.

                 1.2.2.2 Other disclosed reserves                                         7,310,591                 7,310,591

                 1.2.2.2.1 Disagio Ordinary share                                         7,310,591                 7,310,591

                 1.2.2.2.2 Accumulated losses from previous years                                  -                        -

                 1.2.2.2.3 Current year's losses                                                   -                        -

                 1.2.2.2.4 Shortfall between Asset Write-off Allowance (PPA)
                     and Impairment Loss Reserves (CKPN) on productive                             -                        -
                     assets

                 1.2.2.2.5 Shortfall in fair value adjustments of financial instruments
                                                                                                   -                        -
                     in the Trading Book

                 1.2.2.2.6 PPA on non-productive assets required to be established                 -                        -

           1.3. Non-Controlling Interests That Can Be Counted

           1.4. Deduction Factors for Common Equity Tier 1(-/-)                           2,937,688                 2,331,609

                 1.4.1 Deferred tax calculation                                           2,056,727                 1,665,694

                 1.4.2 Goodwill                                                                    -                        -

                 1.4.3 All other intangible assets                                         880,961                   665,915

                 1.4.4 Investments considered as deduction factors                                 -                        -

                 1.4.5 Capital deficiency in insurance subsidiaries                                -                        -

                 1.4.6 Securitization exposure                                                     -                        -

                 1.4.7 Other deduction factors for Common Equity Tier 1                            -                        -

                    1.4.7.1 Fund placements in AT1 and/or Tier 2 instruments
                                                                                                   -                        -
                          at other banks

         2. Additional Tier 1 Capital (AT 1)                                                       -                        -

           2.1 Instruments that meet AT1 requirements                                              -                        -

           2.2 Agio/Disagio                                                                        -                        -

           2.3 Deduction Factors for Additional Tier 1 Capital (-/-)                               -                        -

              2.3.1 Fund placements in AT1 and/or Tier 2 instruments at other banks.               -                        -

  II     Supplementary Capital (Tier 2)                                                   2,265,714                 2,019,801

         1. Capital Instruments in the form of shares or other assets that meet Tier 2
                                                                                           160,000                   200,000
            requirements

         2. Agio/Disagio                                                                           -                        -

         3. PPA general reserves for earning assets that must be established
                                                                                          2,105,714                 1,819,801
            (maximum 1.25% RWA Credit Risk)

         4. Appropriated reserves                                                                  -                        -




       PT Bank Syariah Indonesia Tbk
202 2024 Annual Report
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                                                                                                  Individual
                                 Capital Components
                                                                                      2024                          2023

       5. Deduction Factors for Supplementary Capital (-/-)                                  -                           -

          5.1 Sinking fund                                                                   -                           -

          5.2 Fund placements in Tier 2 instruments at other banks                           -                           -

       Total Capital                                                               43,951,331                   38,115,228

       RISK-WEIGHTED ASSETS

          RWA FOR CREDIT RISK                                                    168,052,923                   145,078,091

          RWA FOR                                                                   1,693,430                    1,640,536

          RWA FOR OPERATIONAL RISK                                                 35,598,536                   34,400,820

          Total RWA                                                              205,344,889                   181,119,447

       CAR ACCORDING TO RISK PROFILE (%)                                                 9.99                         9.99

       CAPITAL ALLOCATION TO MEET CAR ACCORDING TO RISK PROFILE

          From CET 1 (%)                                                                 8.89                         8.88

          From AT 1 (%)                                                                  0.00                         0.00

          From Tier 2 (%)                                                                1.10                         1.11

        CAR

          CET1 Ratio (%)                                                                20.30                        19.93

          Tier 1 Ratio (%)                                                              20.30                        19.93

          Tier 2 Ratio (%)                                                               1.10                         1.11

          KPMM Ratio (%)                                                                21.40                        21.04

       CET 1 FOR CAPITAL BUFFER (%)                                                     11.41                        11.05

       REQUIRED CAPITAL BUFFER PERCENTAGE FOR BANKS (%)                                  3.50                         3.50

          Capital Conservation Buffer (%)                                                2.50                         2.50

          Countercyclical Buffer (%)                                                     0.00                         0.00

          Capital Surcharge for Systemically Important Banks (%)                         1.00                         1.00




Management Policy on Capital Structure                               structure to minimize the cost of capital. In assessing capital
and Basis for Selecting Capital Structure                            adequacy, Bank Syariah Indonesia refers to the provisions
Management Policy                                                    outlined in Financial Services Authority Regulation No. 21/
                                                                     POJK.03/2014 concerning the Minimum Capital Requirement
The Capital Plan prepared by BSI is based on the latest study        for Sharia Commercial Banks.
of economic developments and the results of an analysis of
mandatory capital requirements. The Board of Directors               In 2024, the capital adequacy ratio, taking into account credit,
formulates this Capital Plan as part of BSI's Business Plan, which   operational, and market risks, reached 21.40%, an increase from
is then approved by the Board of Commissioners. BSI regularly        21.04% in 2023. This ratio remains well above the minimum
plans and reviews capital needs together, supported by relevant      capital adequacy requirement, which, in relation to the Bank’s
data and analysis. In this planning, BSI consistently aligns         risk profile, stands at 9.99%.
financial goals and capital adequacy with existing risks, ensuring
that BSI's business remains in line with the capital and liquidity
requirements set forth.                                              Risk Exposure and Capital Information

BSI's capital management aims to safeguard the Bank's ability to     This section explains risk management exposure. For
sustain its business continuity. This ensures that the Bank can      explanations related to types of risks, please refer to the Risk
continue to provide favorable returns to shareholders, deliver       Profile and Management section in the Corporate Governance
benefits to other stakeholders, and maintain an optimal capital      part of this Annual Report.




                                                                                                  PT Bank Syariah Indonesia Tbk
                                                                                                           2024 Annual Report
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MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




Credit Risk

Credit risk is arising from a customer's or other party's failure to fulfill their obligations to the Bank as agreed in the contract. This includes
credit risk due to debtor failure, credit concentration risk (counterparty credit risk), credit risk arising from settlement failure (settlement risk),
and credit risk associated with country risk.


The following is disclosure information for credit risk exposure.


Net Receivables Based on Region

Table of Net Receivables by Region as of December 31, 2024                                                                                    (Rp Million)



                                                                                           December 31, 2024

 No.              Portfolio Category                                                Net Receivables by Region

                                                       Sumatera                   Jakarta                    Jawa                  Kalimantan

  (1)                        (2)                           (3)                       (4)                       (5)                      (6)

   1      Government Receivables                                  -             109,664,745                          -                          -

   2      Public Sector Entities Receivables             2,280,233               13,669,641                 1,124,717                           -

          Multilateral Development Banks and
   3                                                              -                          -                       -                          -
          International Institutions Receivables

   4      Bank Receivables                                  60,046                3,966,453                   529,010                          2

   5      Home Secured Financing                         6,926,650                4,985,024                33,704,441                1,917,984

          Commercial Property Secured
   6                                                        15,888                           -                  9,574                           -
          financing

   7      Employee/Pensioner Financing                 19,781,796                 2,820,889                10,456,026                3,564,016

          Micro-Businesses, Small Businesses,
   8                                                   26,991,214                 4,750,794                27,523,101                4,701,395
          and Retail Portfolios Receivables

   9      Corporate Receivables                        18,069,809                19,495,542                31,252,883               17,365,817

  10      Matured Receivables                             472,922                   129,275                   613,660                    77,405

  11      Other Assets                                   3,852,968               11,021,567                 3,256,732                  778,614

          Total                                        78,451,526               170,503,930              108,470,144                28,405,233



Table of Net Receivables by Region as of December 31, 2023                                                                                    (Rp Million)



                                                                                           December 31, 2023

 No.              Portfolio Category                                                Net Receivables by Region

                                                       Sumatera                   Jakarta                    Jawa                  Kalimantan

  (1)                        (2)                           (3)                       (4)                       (5)                      (6)

   1      Government Receivables                                  -             103,170,615                          -                          -

   2      Public Sector Entities Receivables                      -              14,711,814                 1,290,564                           -

          Multilateral Development Banks and
   3
          International Institutions Receivables

   4      Bank Receivables                                  97,588                2,400,808                   415,155                         74

   5      Home Secured Financing                         6,442,227                4,477,530                28,070,674                 2,000,868




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204 2024 Annual Report
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                                              December 31, 2024

                                           Net Receivables by Region

Sulawesi & Maluku   Bali & Nusa Tenggara      Irian Jaya & Papua       Outside Indonesia                  Total

       (7)                  (8)                       (9)                    (10)                          (11)

        6,000                     -                         -                       -                  109,670,745

             -             173,593                          -                       -                   17,248,184

             -                    -                         -                       -                              -

        6,518                     -                         -                       -                     4,562,029

    1,703,849              924,249                   21,134                         -                   50,183,331

             -                    -                         -                       -                        25,462

    6,405,084             2,535,737                 314,972                         -                   45,878,520

    5,239,443             2,804,100                 320,054                         -                   72,330,101

    2,232,909             1,393,640                 254,921                 816,307                     90,881,828

       54,387               63,122                    1,163                         -                     1,411,934

      747,554              319,840                   30,091                  10,531                     20,017,897

   16,395,744             8,214,281                 942,335                 826,838                    412,210,031




                                              December 31, 2023

                                           Net Receivables by Region

Sulawesi & Maluku   Bali & Nusa Tenggara      Irian Jaya & Papua       Outside Indonesia                   Total

       (7)                  (8)                       (9)                    (10)                          (11)

             -                    -                         -                  -                       103,170,615

             -                    -                         -                  -                         16,002,378

                                                                                                                   -

       10,149                     -                         -                  -                          2,923,774

    1,591,560              876,038                   19,408                    -                         43,478,305




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MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




                                                                                              December 31, 2023

 No.             Portfolio Category                                                     Net Receivables by Region

                                                      Sumatera                        Jakarta                 Jawa                     Kalimantan

 (1)                        (2)                             (3)                         (4)                       (5)                     (6)

         Commercial Property Secured
  6                                                               -                             -                        -                        -
         financing

  7      Employee/Pensioner Financing                 18,620,732                      1,828,532              9,882,078                  3,433,883

         Micro-Businesses, Small Businesses,
  8                                                   21,605,361                      4,494,116             23,503,094                  3,426,968
         and Retail Portfolios Receivables

  9      Corporate Receivables                        15,089,414                     18,980,559             27,202,635                 12,568,702

 10      Matured Receivables                                459,934                    141,636                    557,261                  72,004

 11      Other Assets                                  2,086,523                      8,567,744              1,764,624                    410,373

         Total                                        64,401,779                    158,773,354             92,686,085                 21,912,872



Receivables and Provisioning Based on Economic Sector

Table of Net Receivables Based on Remaining Contract Term as of December 31, 2024                                                               (Rp Million)



                                                                                           December 31, 2024

                                                                        Net Receivable by Remaining Maturity of Contract
 No.             Portfolio Category

                                                                  > 1 year to 3        > 3 years to                         Non
                                                   < 1 Year                                              > 5 years                           Total
                                                                      years              5 years                         Contractual

 (1)                        (2)                       (3)                 (4)                 (5)           (6)              (7)                (8)

  1      Government Receivables                    83,132,600         12,988,347         7,102,878        6,446,920                -      109,670,745

  2      Public Sector Entities Receivables         7,093,643          1,708,374         1,417,675        7,028,492                -       17,248,184

         Multilateral Development Banks and
  3                                                           -                 -                   -                -             -                    -
         International Institutions Receivables

  4      Bank Receivables                           4,366,607            58,829               86,390        50,203                 -        4,562,029

  5      Home Secured Financing                      192,311           1,436,222         3,686,936       44,867,862                -       50,183,331

         Commercial Property Secured
  6                                                   24,925                    -                537                 -             -            25,462
         financing

  7      Employee/Pensioner Financing                263,922           2,608,664         5,643,959       37,361,975                -       45,878,520

         Micro-Businesses, Small Businesses,
  8                                                10,210,279         20,301,422        20,122,278       21,696,122                -       72,330,101
         and Retail Portfolios Receivables

  9      Corporate Receivables                     13,448,867         12,150,297        12,185,301       53,097,363                -       90,881,828

 10      Matured Receivables                         169,375            312,207           241,017          689,335                 -        1,411,934

 11      Other Assets                               4,544,744           228,204           411,502          816,158       14,017,289        20,017,897

         Total                                    123,447,273         51,792,566        50,898,473      172,054,430      14,017,289       412,210,031




       PT Bank Syariah Indonesia Tbk
206 2024 Annual Report
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                                                                      December 31, 2023

                                                                Net Receivables by Region

   Sulawesi & Maluku            Bali & Nusa Tenggara                  Irian Jaya & Papua           Outside Indonesia                      Total

            (7)                              (8)                              (9)                        (10)                              (11)

               6,923                               -                                -                      -                                  6,923

        6,027,850                      2,182,877                            314,674                        -                             42,290,626

        3,721,270                      2,470,361                            217,045                        -                             59,438,215

        1,362,881                           668,397                         266,108                        -                             76,138,696

            53,223                           51,359                           1,752                        -                              1,337,169

          301,462                           102,245                          15,413                        -                             13,248,384

       13,075,318                      6,351,277                            834,400                        -                         358,035,085




Table of Net Receivables Based on Remaining Contract Term as of December 31, 2023                                                                   (Rp Million)



                                                                                            December 31, 2023

                                                                           Net Receivable by Remaining Maturity of Contract
 No.              Portfolio Category

                                                                        > 1 year to 3   > 3 years to                         Non
                                                       < 1 Year                                          > 5 years                                Total
                                                                            years         5 years                         Contractual


 (1)                      (2)                             (3)                (4)             (5)               (6)             (7)                  (8)

  1    Government Receivables                          72,061,730       17,904,457         7,139,766      6,064,662                  -       103,170,615

  2    Public Sector Entities Receivables               8,372,624          804,801         1,292,528      5,532,425                  -        16,002,378

       Multilateral Development Banks and
  3                                                               -                 -              -                  -              -                      -
       International Institutions Receivables

  4    Bank Receivables                                 2,632,715          166,911           67,548             56,600               -            2,923,774

  5    Home Secured Financing                            136,432          1,386,355        2,933,022     39,022,496                  -        43,478,305

       Commercial Property Secured
  6                                                         2,838             4,085                -                  -              -                6,923
       financing

  7    Employee/Pensioner Financing                      158,990          2,189,121        4,484,488     35,458,027                  -        42,290,626

       Micro-Businesses, Small Businesses,
  8                                                     7,334,172       15,409,195      16,411,344       20,283,504                  -        59,438,215
       and Retail Portfolios Receivables

  9    Corporate Receivables                           13,391,282       10,826,924      12,062,625       39,857,865                  -        76,138,696

 10    Matured Receivables                               126,385           360,813          241,519            608,452               -            1,337,169

 11    Other Assets                                               -                 -              -                  -    13,248,384         13,248,384

       Total                                       104,217,168          49,052,662      44,632,840      146,884,031        13,248,384        358,035,085




                                                                                                                     PT Bank Syariah Indonesia Tbk
                                                                                                                              2024 Annual Report
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Page 210
MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




Net Receivables Based on Economic Sector

Table of Net Receivables Based on Economic Sector as of December 31, 2024                                         (Rp Million)



                                                                          December 31, 2024

                                                               Net Receivable by Economic Sector


 No.               Economic Sector                                                     Multilateral
                                                                                      Development
                                                               Public Sector
                                                 Government                             Banks and          Bank
                                                                 Entities
                                                 Receivables                          International     Receivables
                                                               Receivables
                                                                                       Institutions
                                                                                       Receivables

 (1)                        (2)                      (3)            (4)                       (5)           (6)

  1      Agriculture, Hunting, and Forestry                -                -                       -               -

  2      Fishery                                           -                -                       -               -

  3      Mining and Excavation                             -                -                       -               -

  4      Processing Industry                               -     1,472,686                          -               -

  5      Electricity, Gas, and Water                       -     4,613,129                          -               -

  6      Construction                                      -     4,892,368                          -               -

  7      Large Trade and Retail                            -         4,362                          -               -

         Provision of Accommodation and
  8                                                        -        26,642                          -               -
         Provision of Food and Drink

         Transportation, Warehousing, and
  9                                                        -     1,998,701                          -               -
         Communication

 10      Financial Intermediary                            -     2,951,398                          -     4,562,029

         Real Estate, Rental Business, and
 11                                                        -              905                       -               -
         Corporate Services

         Government Administration, Defense,
 12                                                        -                -                       -               -
         and Mandatory Social Security

 13      Educational Services                              -                -                       -               -

 14      Health Services and Social Activities         6,000        16,973                          -               -

         Community Services, Socio-Cultural,
 15                                                        -                -                       -               -
         Entertainment, and Other Individuals

         Individual Services That Serve the
 16                                                        -                -                       -               -
         Household

          International and Other Extra
 17                                                        -                -                       -               -
         International Institution

         Activities that are not yet clear
 18                                                        -                -                       -               -
         limitations

 19      Non Business Field                                -                -                       -               -

 20      Other                                   109,664,745     1,271,020                          -               -

         Total                                   109,670,745    17,248,184                          -     4,562,029




       PT Bank Syariah Indonesia Tbk
208 2024 Annual Report
Page 211
                                              December 31, 2024

                                       Net Receivable by Economic Sector

                                                    Micro
               Commercial                        Businesses,
                             Employee/
Home Secured    Property                            Small           Corporate      Matured
                             Pensioner                                                              Other Assets
  Financing      Secured                       Businesses, and     Receivables    Receivables
                             Financing
                financing                      Retail Portfolios
                                                 Receivables

     (7)          (8)            (9)                 (10)              (11)          (12)                (13)

           -            -       7,173             4,947,837        18,345,784       45,618                      -

           -            -      24,232              480,937           148,506        21,206                      -

           -            -         274               10,753          2,012,429          814                      -

           -            -               -         2,058,593         8,719,289       69,453                      -

           -            -         214               20,078          1,878,074         5,539                     -

           -     13,339                 -          212,130         10,895,537       17,778                      -

           -       537         29,663            13,089,975         5,693,149      264,057                      -

           -            -               -         2,595,791          485,082        27,069                      -


           -            -               -          622,683          4,570,139         7,590                     -

           -            -               -             5,307         2,538,365               -                   -

           -     11,586                 -          909,563          4,342,281       26,228                      -


           -            -               -                   -                 -             -                   -

           -            -         610              241,920          4,641,879       16,070                      -

           -            -          76              605,551          8,740,039       13,192                      -

           -            -      20,566             3,214,804          340,561        35,577                      -


           -            -       1,156               48,432           106,679          1,333                     -


           -            -               -                   -                 -             -                   -


           -            -               -                   -                 -             -                   -

50,152,924              -   45,697,824           43,017,819        11,460,151      846,539                      -

   30,407               -      96,732              247,928          5,963,884       13,871          20,017,897

50,183,331       25,462     45,878,520           72,330,101        90,881,828     1,411,934         20,017,897




                                                                                  PT Bank Syariah Indonesia Tbk
                                                                                           2024 Annual Report
                                                                                                                    209
Page 212
MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




Table of Net Receivables Based on Economic Sector as of December 31, 2023                                           (Rp Million)


                                                                          December 31, 2023
                                                               Net Receivable by Economic Sector
                                                                                       Multilateral
 No.               Economic Sector                                                    Development
                                                               Public Sector
                                                 Government                             Banks and
                                                                 Entities                               Bank Receivables
                                                 Receivables                          International
                                                               Receivables
                                                                                       Institutions
                                                                                       Receivables
 (1)                        (2)                      (3)            (4)                       (5)             (6)
  1      Agriculture, Hunting, and Forestry                -                -                  -                     -
  2      Fishery                                           -                -                  -                     -
  3      Mining and Excavation                             -                -                  -                     -
  4      Processing Industry                               -     1,626,317                     -                     -
  5      Electricity, Gas, and Water                       -     2,494,067                     -                     -
  6      Construction                                      -     7,721,197                     -                     -
  7      Large Trade and Retail                            -         4,396                     -                     -
         Provision of Accommodation and
  8                                                        -        33,962                     -                     -
         Provision of Food and Drink
         Transportation, Warehousing, and
  9                                                        -     2,041,457                     -                     -
         Communication
 10      Financial Intermediary                    1,477,500     1,914,403                     -           2,923,774
         Real Estate, Rental Business, and
 11                                                        -                -                  -                     -
         Corporate Services
         Government Administration, Defense,
 12                                                        -                -                  -                     -
         and Mandatory Social Security
 13      Educational Services                              -                -                  -                     -
 14      Health Services and Social Activities             -         4,773                     -                     -
         Community Services, Socio-Cultural,
 15                                                        -                -                  -                     -
         Entertainment, and Other Individuals
         Individual Services That Serve the
 16                                                        -                -                  -                     -
         Household
          International and Other Extra
 17                                                        -                -                  -                     -
         International Institution
         Activities that are not yet clear
 18                                                        -                -                  -                     -
         limitations
 19      Non Business Field                                -                -                  -                     -
 20      Other                                   101,693,115       161,806                     -                     -
         Total                                   103,170,615    16,002,378                     -           2,923,774


Receivables and Provisioning Based on Region

Table of Receivables and Provisions by Region as of December 31, 2024                                               (Rp Million)


                                                                          December 31, 2024

 No.               Portfolio Category                          Receivables and Allowance by Region

                                                  Sumatera        Jakarta                 Jawa            Kalimantan

 (1)                        (2)                      (3)            (4)                       (5)             (6)

  1      Receivable                               79,382,614    175,127,526            110,713,860         28,556,868

  2      Receivables impaired

         a. Non Overdue                                    -                    -                   -                    -

         b. Overdue                                 435,857        337,410               1,885,300             87,820




       PT Bank Syariah Indonesia Tbk
210 2024 Annual Report
Page 213
                                                            December 31, 2023
                                                     Net Receivable by Economic Sector
                                                                  Micro
                    Commercial                                 Businesses,
                                           Employee/
Home Secured         Property                                     Small            Corporate                Matured
                                           Pensioner                                                                         Other Assets
  Financing           Secured                                Businesses, and      Receivables              Receivables
                                           Financing
                     financing                               Retail Portfolios
                                                               Receivables
    (7)                 (8)                    (9)                 (10)              (11)                     (12)                (13)
            -                 -                  6,887           3,982,793        12,905,205                  52,783                       -
            -                 -                 36,565             509,077           159,083                  22,032                       -
            -                 -                      524            12,959          2,381,173                    371                       -
            -                 -                         -        1,989,441          6,645,375                108,231                       -
            -                 -                      278            22,155          1,912,413                 79,225                       -
            -          2,838                            -          251,498        10,127,445                  16,147                       -
            -                 -                 40,385          11,031,920          5,626,602                228,937                       -

            -                 -                         -        2,116,903           552,189                  17,931                       -


            -                 -                         -          476,943          5,767,581                  8,902                       -

            -                 -                         -            8,653          2,203,147                     25                       -

            -          4,085                           46          750,292          3,063,358                 16,510                       -


            -                 -                         -                     -             -                        -                     -

            -                 -                      875           217,044          4,256,304                 12,876                       -
            -                 -                        87          512,887          6,275,028                 12,155                       -

            -                 -                 32,982           2,806,221           383,267                  28,213                       -


            -                 -                  1,999              56,984            90,673                   4,817                       -


            -                 -                         -                     -             -                        -                     -


            -                 -                         -                     -             -                        -                     -

 43,478,305                   -             42,169,998          34,457,183          9,176,638                728,014                       -
            -                 -                         -          235,262          4,613,215                        -         13,248,384
 43,478,305            6,923               42,290,626           59,438,215        76,138,696                1,337,169          13,248,384




                                                            December 31, 2024

                                                Receivables and Allowance by Region

 Sulawesi & Maluku        Bali & Nusa Tenggara              Irian Jaya & Papua        Outside Indonesia                      Total

          (7)                        (8)                            (9)                         (10)                          (11)

     16,652,814                   8,328,627                       944,954                   826,837                        420,534,100

                                                                                                                                      -

                -                          -                              -                            -                              -

          59,899                    85,283                            452                              -                     2,892,021




                                                                                                           PT Bank Syariah Indonesia Tbk
                                                                                                                    2024 Annual Report
                                                                                                                                           211
Page 214
MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




                                                                                        December 31, 2024

 No.               Portfolio Category                                       Receivables and Allowance by Region

                                                     Sumatera                  Jakarta                       Jawa                 Kalimantan

 (1)                          (2)                       (3)                       (4)                        (5)                     (6)

  3      CKPN - Individual                             136,972                   122,531                     917,296                  12,945

  4      CKPN - Collective                            1,767,405                3,166,576                 3,141,762                   466,470

  5      Writen Off Receivable                         673,874                   369,645                     701,896                 119,191



Table of Receivables and Provisions by Region as of December 31, 2023                                                                       (Rp Million)



                                                                                        December 31, 2023

 No.               Portfolio Category                                       Receivables and Allowance by Region

                                                     Sumatera                  Jakarta                       Jawa                 Kalimantan

 (1)                          (2)                       (3)                       (4)                        (5)                     (6)

  1      Receivable                                  65,761,040              161,621,708                95,903,476                22,212,087

  2      Receivables impaired

         a. Non Overdue                                730,707                   701,541                     961,823                 170,913

         b. Overdue                                    459,934                     3,436                     695,461                  72,004

  3      CKPN - Individual                             105,827                            -              1,109,150                    45,428

  4      CKPN - Collective                            1,605,132                  175,726                 5,861,667                   429,867

  5      Writen Off Receivable                         809,630                   351,360                     801,714                 174,710



Receivables and Provisioning Based on Economic Sector

Table of Receivables and Provisions by Region as of December 31, 2024                                                                       (Rp Million)


                                                                                December 31, 2024
                                                                    Receivable and Allowance by Economic Sector
 No.          Economic Sector                                 Receivables that have
                                                               decreased in value             Allowance -           Allowance -     Writen Off
                                        Receivable
                                                                                               Individual           Collective      Receivable
                                                        Non Overdue          Overdue
 (1)                    (2)                (3)                 (4)               (5)              (6)                   (7)                (8)
         Agriculture, Hunting, and
  1                                     23,556,861              -              142,741            96,646               492,456          83,933
         Forestry

  2      Fishery                           721,124              -               25,507                   -              44,793          36,510

  3      Mining and Excavation           2,988,549              -                1,695                   -              73,598             7,411

  4      Processing Industry            12,766,347              -             1,355,912          982,610               566,197         124,642

  5      Electricity, Gas, and Water     6,756,528              -              176,698             6,911               297,905             2,679

  6      Construction                   18,854,569              -               89,203            16,227             2,756,665          64,125

  7      Large Trade and Retail         19,760,092              -              346,934            44,984             1,018,249         427,267

         Provision of Accommodation
  8      and Provision of Food and       3,205,453              -               28,233            26,783                88,115          46,273
         Drink




       PT Bank Syariah Indonesia Tbk
212 2024 Annual Report
Page 215
                                                             December 31, 2024

                                                     Receivables and Allowance by Region

  Sulawesi & Maluku              Bali & Nusa Tenggara        Irian Jaya & Papua                  Outside Indonesia                    Total

           (7)                           (8)                           (9)                             (10)                            (11)

             1,874                              -                                -                            -                       1,191,618

          407,436                      209,914                        15,106                            1,388                         9,176,057

          122,720                       62,023                           674                                  -                       2,050,023




                                                             December 31, 2023

                                                     Receivables and Allowance by Region

  Sulawesi & Maluku              Bali & Nusa Tenggara        Irian Jaya & Papua                  Outside Indonesia                    Total

           (7)                           (8)                           (9)                             (10)                            (11)

       13,393,190                     6,469,668                     842,747                                                         366,203,916

                                                                                                                                               -

          214,912                       61,046                         6,533                                                          2,847,475

            53,223                      51,359                         1,752                                                          1,337,169

            10,855                              -                            -                           -                            1,271,260

          355,063                      169,014                       10,313                              -                            8,606,782

          152,899                      107,817                          947                                                           2,399,077




                                                                                       December 31, 2024
                                                                   Receivable and Allowance by Economic Sector
No.        Economic Sector                                   Receivables that have
                                                              decreased in value                   Allowance -       Allowance -         Writen Off
                                        Receivable
                                                                                                    Individual       Collective          Receivable
                                                         Non Overdue                 Overdue
(1)                  (2)                       (3)            (4)                      (5)             (6)                (7)                 (8)
      Transportation, Warehousing,
 9                                        8,655,161            -                       25,159           1,208           199,040               33,914
      and Communication

10    Financial Intermediary              5,806,865            -                       64,985            444            132,367                8,398

      Real Estate, Rental Business,
11                                        5,299,533            -                       48,079                51         128,609               26,229
      and Corporate Services

      Government Administration,
12    Defense, and Mandatory                         -         -                             -                -                 -                   -
      Social Security

13    Educational Services                4,933,254            -                       35,757           7,670            81,390                4,351

      Health Services and Social
14                                        9,405,957            -                       10,699           6,064           117,078               14,172
      Activities

      Community Services, Socio-
15    Cultural, Entertainment, and        3,733,202            -                       34,950                18         100,269               64,099
      Other Individuals




                                                                                                                  PT Bank Syariah Indonesia Tbk
                                                                                                                           2024 Annual Report
                                                                                                                                                    213
Page 216
MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




                                                                            December 31, 2024
                                                                Receivable and Allowance by Economic Sector
 No.             Economic Sector                          Receivables that have
                                                           decreased in value           Allowance -   Allowance -   Writen Off
                                         Receivable
                                                                                         Individual   Collective    Receivable
                                                       Non Overdue       Overdue
 (1)                    (2)                  (3)           (4)               (5)            (6)           (7)           (8)
         Individual Services That
 16                                         168,052         -                8,555                -       12,080        2,714
         Serve the Household

         International and Other Extra
 17                                                -        -                       -             -             -             -
         International Institution

         Activities that are not yet
 18                                                -        -                       -             -             -             -
         clear limitations

 19      Non Business field              152,126,049        -              496,914           2,002     2,991,548     1,092,685

 20      Other                           141,796,504        -                       -             -       75,698       10,621

         Total                           420,534,100        -             2,892,021      1,191,618     9,176,057     2,050,023



Table of Receivable and Allowance by Region as of December 31, 2023                                                      (Rp Million)


                                                                            December 31, 2023
                                                                Receivable and Allowance by Economic Sector

 No.             Economic Sector                          Receivables that have
                                                           decreased in value           Allowance -   Allowance -   Writen Off
                                         Receivable
                                                                                         Individual   Collective    Receivable
                                                       Non Overdue       Overdue

 (1)                    (2)                  (3)           (4)               (5)            (6)           (7)           (8)
         Agriculture, Hunting, and
  1                                       17,131,131      133,442           52,783        119,383        454,505      165,014
         Forestry

  2      Fishery                            769,618        19,492           22,032                -       54,915       70,195

  3      Mining and Excavation             2,416,126        2,764              371                -       25,569       14,190

  4      Processing Industry              11,833,328       60,305          108,231       1,012,820       559,615      118,677

  5      Electricity, Gas, and Water       4,769,409            653         79,225           4,194       304,908           638

  6      Construction                     19,943,956      562,411           16,147          13,593     2,638,405      108,223

  7      Large Trade and Retail           17,638,778      385,962          228,937          31,008       890,958      626,022

         Provision of Accommodation
  8      and Provision of Food and         2,762,902       41,774           17,931           9,843       104,130       38,748
         Drink

         Transportation, Warehousing,
  9                                        8,364,049       40,055            8,902          18,810       271,665       32,293
         and Communication

 10      Financial Intermediary            6,009,903       32,524                  25        2,594       111,278        3,686

         Real Estate, Rental Business,
 11                                        3,913,493       26,436           16,510           7,139       103,448       81,199
         and Corporate Services

         Government Administration,
 12      Defense, and Mandatory                    -              -                 -             -             -             -
         Social Security




       PT Bank Syariah Indonesia Tbk
214 2024 Annual Report
Page 217
                                                                                    December 31, 2023
                                                                        Receivable and Allowance by Economic Sector

 No.           Economic Sector                                     Receivables that have
                                                                    decreased in value          Allowance -          Allowance -        Writen Off
                                            Receivable
                                                                                                 Individual          Collective         Receivable
                                                             Non Overdue         Overdue

 (1)                 (2)                         (3)                (4)              (5)            (6)                    (7)                 (8)
 13    Educational Services                    4,526,632             6,526          12,876          14,797                 68,162              35,848

       Health Services and Social
 14                                            6,911,573             9,345          12,155           4,789                 94,183               5,063
       Activities

       Community Services, Socio-
 15    Cultural, Entertainment, and            3,321,171           45,009           28,213                -               145,941              76,339
       Other Individuals

       Individual Services That
 16                                             161,075              1,628           4,817                -                 8,907               6,519
       Serve the Household

       International and Other Extra
 17                                                    -                  -                 -             -                      -                   -
       International Institution

       Activities that are not yet
 18                                                    -                  -                 -             -                      -                   -
       clear limitations

 19    Non Business field                  131,922,983         1,479,149           728,014          32,290             2,580,613         1,001,814

 20    Other                               123,807,789                    -                 -             -               189,580              14,609

       Total                               366,203,916         2,847,475          1,337,169      1,271,260             8,606,782         2,399,077



Details of CKPN Mutation

Table of Details of CKPN Mutation as of December 31, 2024 and 2023                                                                              (Rp Million)


                                                                December 31, 2024                                   December 31, 2023
                                                           Allowance Mutation Details                     Allowance Mutation Details
 No.                Description
                                                       Allowance -               Allowance -          Allowance -                    Allowance -
                                                        Individual               Collective            Individual                    Collective
 (1)                       (2)                               (3)                      (4)                     (5)                        (6)
  1    Beginning Balance Allowance                         1,271,260               8,606,782              1,463,363                   7,794,920

        Provision (recovery) of Allowance in
  2
       the current year (Net)

       2.a Provision of Allowance in the
                                                            (18,090)               2,012,756                  (65,303)                2,715,512
            current year

       2.b Recovery in the current year                       5,604                  801,238                   28,124                   583,657

       Allowance used to write off in the
  3                                                         (67,156)              (2,259,494)             (154,924)                  (2,481,020)
       current year

       Other provision (recovery) in the
  4                                                                 -                 14,775                          -                  (6,287)
       current year

       Ending Balance Allowance                            1,191,618               9,176,057              1,271,260                   8,606,782




                                                                                                                PT Bank Syariah Indonesia Tbk
                                                                                                                         2024 Annual Report
                                                                                                                                                     215
Page 218
MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




Net Receivables Based on Portfolio Category and Rating Scale

Table of Net Receivables Based on Portfolio Category and Ranking Scale as of December 31, 2024                                            (Rp Million)



                                                                                      December 31, 2024


                                                                    Net Receivable by Portfolio Category and Ranking Scale


                                                    Rating
                                                                                                 Long-Term Ratings
                                                    Agency


                                                  Standard and                                                         BBB+ s.d
                                                                    AAA           AA+s.dAA-          A+s.dA-                          BB+ s.d BB-
                                                     Poor's                                                             BBB-


                                                   Fitch Rating                                                        BBB+ s.d
 No.               Portfolio Category                               AAA           AA+s.dAA-          A+s.dA-                          BB+ s.d BB-
                                                  Internasional                                                         BBB-


                                                    Moody's
                                                    Investor        Aaa           Aa1 s.d Aa3       A1 s.d A3        Baa1 s.d Baa3    Ba1 s.d Ba3
                                                     Service


                                                  Fitch Rating                    AA+(idn) s.d      A+(idn) s.d      BBB+(idn) s.d    BB+(idn) s.d
                                                                  AAA (idn)
                                                   Indonesia                       AA-(idn)          A-(idn)          BBB-(idn)        BB-(idn)


                                                  Pemeringkat
                                                                                   idAA+ s.d                          idBBB+ s.d       id BB+ s.d
                                                      Efek         idAAA                           idA+ s.d idA-
                                                                                     idAA-                              idBBB-           idBB-
                                                   Indonesia


 (1)                        (2)                        (3)           (4)              (5)               (6)               (7)             (8)

  1      Government Receivables                                               -             -                  -                  -        -

  2      Public Sector Entities Receivables                        9,561,522       3,983,057        2,235,772           748,112            -

         Multilateral Development Banks and
  3                                                                           -             -                  -                  -        -
         International Institutions Receivables

  4      Bank Receivables                                           575,469            1,168           38,718                     -        -

  5      Home Secured Financing

         Commercial Property Secured
  6
         financing

  7      Employee/Pensioner Financing

         Micro-Businesses, Small Businesses,
  8
         and Retail Portfolios Receivables

  9      Corporate Receivables                                     4,174,036         219,085        7,083,663           464,336            -

 10      Matured Receivables

 11      Other Assets

         Total                                                    14,311,027       4,203,310        9,358,153         1,212,448            -




       PT Bank Syariah Indonesia Tbk
216 2024 Annual Report
Page 219
                                                         December 31, 2024


                                        Net Receivable by Portfolio Category and Ranking Scale



                                                                            Short-Term Ratings



  B+ s.d B-       Less than B-        A-1               A-2               A-3          Less than A-3



  B+ s.d B-       Less than B-    F1+ s.d F1            F2                F3            Less than F3




  B1 s.d B3      Less than B3         P-1               P-2               P-3          Less than P-3
                                                                                                           No Ranking           Total


 B+(idn) s.d       Less than      F1+(idn) s.d                                           Less than
                                                      F2(idn)           F3(idn)
  B-(idn)           B-(IDN)         F1(idn)                                              F3(IDN)



id B+ s.d idB-   Less than IDB-      idA1              idA2          idA3 s.d idA4     Less than IDA4



     (9)              (10)           (11)               (12)              (13)              (14)               (15)              (16)

      -                -               -                 -                 -                 -             109,670,745      109,670,745

      -                -               -                 -                 -                 -                 719,721        17,248,184

      -                -               -                 -                 -                 -                                          -

      -                -               -                 -                 -                 -               3,946,674         4,562,029




      -                -               -                 -                 -                 -              78,940,708        90,881,828




      -                -               -                 -                 -                 -             193,277,848      222,362,786




                                                                                                        PT Bank Syariah Indonesia Tbk
                                                                                                                 2024 Annual Report
                                                                                                                                        217
Page 220
MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




Table of Net Receivables Based on Portfolio Category and Ranking Scale as of December 31, 2023                                         (Rp Million)



                                                                                     December 31, 2023


                                                                    Net Receivable by Portfolio Category and Ranking Scale


                                                    Rating
                                                                                               Long-Term Ratings
                                                    Agency


                                                  Standard and                                                       BBB+ s.d
                                                                    AAA          AA+s.dAA-         A+s.dA-                         BB+ s.d BB-
                                                     Poor's                                                           BBB-


                                                   Fitch Rating                                                      BBB+ s.d
 No.               Portfolio Category                               AAA          AA+s.dAA-         A+s.dA-                         BB+ s.d BB-
                                                  Internasional                                                       BBB-


                                                    Moody's
                                                    Investor         Aaa         Aa1 s.d Aa3      A1 s.d A3        Baa1 s.d Baa3   Ba1 s.d Ba3
                                                     Service


                                                  Fitch Rating                  AA+(idn) s.d      A+(idn) s.d      BBB+(idn) s.d   BB+(idn) s.d
                                                                  AAA (idn)
                                                   Indonesia                     AA-(idn)          A-(idn)          BBB-(idn)       BB-(idn)


                                                  Pemeringkat
                                                                                  idAA+ s.d                         idBBB+ s.d      id BB+ s.d
                                                      Efek          idAAA                        idA+ s.d idA-
                                                                                    idAA-                             idBBB-          idBB-
                                                   Indonesia


 (1)                        (2)                        (3)           (4)             (5)              (6)               (7)            (8)

  1      Government Receivables                                   1,477,500                -                -                 -         -

  2      Public Sector Entities Receivables                       3,408,470      7,521,154        2,397,641          900,831            -

         Multilateral Development Banks and
  3                                                                                                                                     -
         International Institutions Receivables

  4      Bank Receivables                                          640,134          41,695          42,956                    -         -

  5      Home Secured Financing

         Commercial Property Secured
  6
         financing

  7      Employee/Pensioner Financing

         Micro-Businesses, Small Businesses,
  8
         and Retail Portfolios Receivables

  9      Corporate Receivables                                    1,812,597        985,431        7,689,512          989,450            -

 10      Matured Receivables

 11      Other Assets

         Total                                                    7,338,701      8,548,280      10,130,109          1,890,281           -




       PT Bank Syariah Indonesia Tbk
218 2024 Annual Report
Page 221
                                                         December 31, 2023


                                        Net Receivable by Portfolio Category and Ranking Scale



                                                                            Short-Term Ratings



  B+ s.d B-       Less than B-        A-1               A-2               A-3          Less than A-3



  B+ s.d B-       Less than B-    F1+ s.d F1            F2                F3            Less than F3




  B1 s.d B3      Less than B3         P-1               P-2               P-3          Less than P-3
                                                                                                           No Ranking           Total


 B+(idn) s.d       Less than      F1+(idn) s.d                                           Less than
                                                      F2(idn)           F3(idn)
  B-(idn)           B-(IDN)         F1(idn)                                              F3(IDN)



id B+ s.d idB-   Less than IDB-      idA1              idA2          idA3 s.d idA4     Less than IDA4



     (9)              (10)           (11)               (12)              (13)              (14)               (15)              (16)

      -                -               -                 -                 -                 -              101,693,115      103,170,615

      -                -               -                 -                 -                 -                1,774,282       16,002,378

      -                -               -                 -                 -                 -                                           -

      -                -               -                 -                 -                 -                2,198,989         2,923,774




      -                -               -                 -                 -                 -               64,661,706       76,138,696




      -                -               -                 -                 -                 -              170,328,092      198,235,463




                                                                                                        PT Bank Syariah Indonesia Tbk
                                                                                                                 2024 Annual Report
                                                                                                                                        219
Page 222
MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




Counterparty Credit Risk

Sharia Hedging Transactions over the Counter


Table of Sharia Hedging Transactions as of December 31, 2024                                                                      (Rp Million)


                                                                                   December 31, 2024

                                                                         OTC Sharia Hedging Transactions
 No.             Underlying Variables
                                                                                     Notional Value

                                                          ≤ 1 Year                 > 1 Year - ≤ 5 Years            > 5 Years

 (1)                        (2)                                (3)                         (4)                        (5)
  1      Shariah compliant profit rate swap                     -                           -                          -

  2      Shariah compliant foreign currency swap                -                           -                          -

  3      Other                                                  -                           -                          -

         Total                                                  -                           -                          -



Table of Sharia Hedging Transactions as of December 31, 2023                                                                      (Rp Million)


                                                                                   December 31, 2023

                                                                         OTC Sharia Hedging Transactions
 No.             Underlying Variables
                                                                                     Notional Value

                                                          ≤ 1 Year                 > 1 Year - ≤ 5 Years            > 5 Years

 (1)                        (2)                                (3)                         (4)                        (5)
  1      Shariah compliant profit rate swap                     -                           -                          -

  2      Shariah compliant foreign currency swap                -                           -                          -

  3      Other                                                  -                           -                          -

         Total                                                  -                           -                          -




Table of Repo Transactions as of December 31, 2024                                                                                (Rp Million)


                                                                                   December 31, 2024

                                                                                   Repo Transactions
 No.              Portfolio Category
                                                   Fair Value of SSB
                                                                       Repo Obligations          Net Receivables           ATMR
                                                         Repo

 (1)                        (2)                          (3)                 (4)                          (5)               (6)
  1      Government Receivables                           -                   -                            -                 -

  2      Public Sector Entities Receivables               -                   -                            -                 -

         Multilateral development banks and
  3                                                       -                   -                            -                 -
         international institutions Receivables

  4      Bank Receivables                                 -                   -                            -                 -

         Micro-Businesses, Small Businesses
  5                                                       -                   -                            -                 -
         and Retail Portfolios Receivables

  6      Corporation Receivables                          -                   -                            -                 -

         Total                                            -                   -                            -                 -




       PT Bank Syariah Indonesia Tbk
220 2024 Annual Report
Page 223
                                                               December 31, 2024

                                                      OTC Sharia Hedging Transactions


       Sharia Hedging                Sharia Hedging             Net Receivable                                         Net Receivable After
                                                                                                  MRK
         Receivable                   Obligations                Before MRK                                                   MRK


             (6)                             (7)                       (8)                         (9)                          (10)
                -                             -                         -                           -                             -

                -                             -                         -                           -                             -

                -                             -                         -                           -                             -

                -                             -                         -                           -                             -




                                                               December 31, 2023

                                                      OTC Sharia Hedging Transactions


       Sharia Hedging                Sharia Hedging             Net Receivable                                         Net Receivable After
                                                                                                  MRK
         Receivable                   Obligations                Before MRK                                                   MRK


             (6)                             (7)                       (8)                         (9)                          (10)
                -                             -                         -                           -                             -

                -                             -                         -                           -                             -

                -                             -                         -                           -                             -

                -                             -                         -                           -                             -




Table of Repo Transactions as of December 31, 2023                                                                                          (Rp Million)


                                                                                        December 31, 2023

                                                                                        Repo Transactions
 No.                Portfolio Category
                                                   Fair Value of SSB
                                                                            Repo Obligations       Net Receivables               ATMR
                                                         Repo

 (1)                       (2)                           (3)                      (4)                       (5)                       (6)
  1     Government Receivables                            -                        -                         -                         -

  2     Public Sector Entities Receivables                -                        -                         -                         -

        Multilateral development banks and
  3                                                       -                        -                         -                         -
        international institutions Receivables

  4     Bank Receivables                                  -                        -                         -                         -

        Micro-Businesses, Small Businesses
  5                                                       -                        -                         -                         -
        and Retail Portfolios Receivables

  6     Corporation Receivables                           -                        -                         -                         -

        Total                                             -                        -                         -                         -




                                                                                                             PT Bank Syariah Indonesia Tbk
                                                                                                                      2024 Annual Report
                                                                                                                                                 221
Page 224
MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




Reverse Repo Transactions


Table of Reverse Repo Transactions as of December 31, 2024                                                                                      (Rp Million)



                                                                                             December 31, 2024

                                                                                                  Reverse REPO
 No.               Portfolio Category

                                                                                                           Net Receivables
                                                          Net Receivables          MRK value                                        ATMR After MRK
                                                                                                             After MRK

 (1)                          (2)                               (3)                    (4)                          (5)                  (6)

     1     Government Receivables                                -                      -                            -                    -

     2     Public Sector Entities Receivables                    -                      -                            -                    -

           Multilateral development banks and
     3                                                           -                      -                            -                    -
           international institutions Receivables

     4     Bank Receivables                                      -                      -                            -                    -

           Micro-Businesses, Small Businesses
     5                                                           -                      -                            -                    -
           and Retail Portfolios Receivables

     6     Corporation Receivables                               -                      -                            -                    -

           Total                                                 -                      -                            -                    -




Net Receivables Based on Risk Weight After Considering the Impact of Credit Risk Mitigation

Table of Net Receivables Based on Risk Weight After Considering Risk Mitigation Impact Credit
as of December 31, 2024                                                                                                                         (Rp Million)



                                                                                     December 31, 2024

 No.           Portfolio Category                                     Net Receivables After Credit Risk Mitigation Impact

                                                    0%                20%            25%                  35%             40%                 45%

 (1)                    (2)                         (3)               (4)             (4)                 (5)             (6)                  (7)

 A         Exposure to Financial Position Statements

     1     Government Receivables               109,670,745                 -                 -                 -               -                    -

           Public Sector Entities
     2                                            1,810,116     11,950,061                    -                 -               -                    -
           Receivables

           Multilateral Development
     3     Banks and International                          -               -                 -                 -               -                    -
           Institutions Receivables

     4     Bank Receivables                       2,450,880      1,785,101                    -                 -               -                    -

     5     Home Secured Financing                         25     9,001,871       12,069,393           29,112,042                -                    -

           Commercial Property
     6                                                      -               -                 -                 -               -                    -
           Secured financing

           Employee/Pensioner
     7                                                    366               -                 -                 -               -                    -
           Financing

           Micro-Businesses, Small
     8     Businesses, and Retail                12,794,242     17,705,235                    -                 -               -                    -
           Portfolios Receivables




         PT Bank Syariah Indonesia Tbk
222 2024 Annual Report
Page 225
Table of Reverse Repo Transactions as of December 31, 2023                                                                                (Rp Million)



                                                                                        December 31, 2023

                                                                                          Reverse REPO
 No.                 Portfolio Category

                                                                                                   "Net Receivables
                                                     Net Receivables          MRK value                                       ATMR After MRK
                                                                                                     After MRK"

 (1)                        (2)                                (3)                (4)                       (5)                     (6)

  1      Government Receivables                                 -                  -                         -                       -

  2      Public Sector Entities Receivables                     -                  -                         -                       -

         Multilateral development banks and
  3                                                             -                  -                         -                       -
         international institutions Receivables

  4      Bank Receivables                                       -                  -                         -                       -

         Micro-Businesses, Small Businesses
  5                                                             -                  -                         -                       -
         and Retail Portfolios Receivables

  6      Corporation Receivables                                -                  -                         -                       -

         Total                                                  -                  -                         -                       -




                                              December 31, 2024

                                                                                                                                    Capital
                           Net Receivables After Credit Risk Mitigation Impact                                    ATMR
                                                                                                                                   Expense

        50%                       75%               100%               150%                Other

         (8)                      (9)               (10)               (11)                 (12)                   (13)              (14)



                 -                      -                  -                  -                                           -                   -

       3,238,158                        -                  -                  -                                   4,009,091         320,727


                 -                      -                  -                  -                                           -                   -


        288,920                         -                  -                  -                                    501,480               40,118

                 -                      -                  -                  -                              15,006,937            1,200,555

                 -                      -            25,462                   -                                     25,462                2,037


      45,878,154                        -                  -                  -                              22,939,077            1,835,126


                 -          40,972,039                     -                  -                              34,270,076            2,741,606




                                                                                                             PT Bank Syariah Indonesia Tbk
                                                                                                                      2024 Annual Report
                                                                                                                                               223
Page 226
MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




                                                                                      December 31, 2024

 No.           Portfolio Category                                 Net Receivables After Credit Risk Mitigation Impact

                                               0%                20%                  25%           35%         40%         45%

 (1)                      (2)                   (3)               (4)                 (4)           (5)          (6)        (7)

     9     Corporate Receivables             6,111,236        4,430,277                     -             -             -         -

 10        Matured Receivables                    1,399        193,102                      -             -             -         -

 11        Other Assets                      8,084,179                  -                   -             -             -         -

           Total Exposure to Financial
                                           140,923,188      35,155,455          9,854,950       26,060,136              -         -
           Position Statements

 B         Exposure to Commitment and Contingency

     1     Government Receivables                     -                 -                   -             -             -         -

           Public Sector Entities
     2                                                -                 -                   -             -             -         -
           Receivables

           Multilateral Development
     3     Banks and International                    -                 -                   -             -             -         -
           Institutions Receivables

     4     Bank Receivables                           -          27,161                     -             -             -         -

     5     Home Secured Financing                     -                 -                   -             -             -         -

           Commercial Property
     6                                                -                 -                   -             -             -         -
           Secured financing

           Employee/Pensioner
     7                                                -                 -                   -             -             -         -
           Financing

           Micro-Businesses, Small
     8     Businesses, and Retail                     -                 -                   -             -             -         -
           Portfolios Receivables

     9     Corporate Receivables                      -                 -                   -             -             -         -

 10        Matured Receivables                        -                 -                   -             -             -         -

           Total Exposure to
           Commitment and                             -          27,161                     -             -             -         -
           Contingency

 C         Exposure Due to Failure of The Opposing Party (Counterparty Credit Risk)

     1     Government Receivables                     -                 -                   -             -             -         -

           Public Sector Entities
     2                                                                  -                   -             -             -         -
           Receivables

           Multilateral Development
     3     Banks and International                    -                 -                   -             -             -         -
           Institutions Receivables

     4     Bank Receivables                           -                 -                   -             -             -         -

           Micro-Businesses, Small
     5     Businesses, and Retail                     -                 -                   -             -             -         -
           Portfolios Receivables

     6     Corporate Receivables                                        -

           Total Counterparty Credit
                                                      -                 -                   -             -             -         -
           Risk Exposure




         PT Bank Syariah Indonesia Tbk
224 2024 Annual Report
Page 227
                            December 31, 2024

                                                                                                     Capital
             Net Receivables After Credit Risk Mitigation Impact                 ATMR
                                                                                                    Expense

  50%            75%               100%              150%          Other

   (8)            (9)               (10)              (11)         (12)            (13)               (14)

 6,998,663              -        72,164,746                  -                  76,550,133          6,124,011

         -              -         1,212,947                  -                   1,251,567            100,125

         -              -        11,933,717                  -                  11,933,717            954,697

54,648,358    38,234,728         68,061,494           260,099                  166,487,540         13,319,002




         -              -                  -                 -                            -                    -

  249,848               -                  -                 -                    124,924               9,994


         -              -                  -                 -                            -                    -


    9,967               -                  -                 -                     10,416                 833

         -              -                  -                 -                            -                    -

         -              -                  -                 -                            -                    -


         -              -                  -                 -                            -                    -


         -       858,585                   -                 -                    643,939              51,515


         -              -         1,176,906                  -                   1,176,906             94,152

         -              -             4,485                  -                       4,485                359


   79,268        871,110          1,764,001            25,938                    1,960,670            156,853




         -              -                  -                 -                            -                    -

         -              -                  -                 -                            -                    -


         -              -                  -                 -                            -                    -


         -              -                  -                 -                            -                    -


         -              -                  -                 -                            -                    -


         -                                 -                 -                            -                    -

         -              -                  -                 -             -              -                    -




                                                                               PT Bank Syariah Indonesia Tbk
                                                                                        2024 Annual Report
                                                                                                               225
Page 228
MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




Table of Net Receivables Based on Risk Weight After Considering the Impact of Credit Risk
Mitigation as of December 31, 2023                                                                                     (Rp Million)



                                                                               December 31, 2023

 No.           Portfolio Category                               Net Receivables After Credit Risk Mitigation Impact

                                               0%              20%             25%             35%            40%     45%

 (1)                      (2)                   (3)             (4)             (5)            (6)             (7)    (8)

 A         Exposure to Financial Position Statements

     1     Government Receivables          103,170,615                -               -              -          -      -

           Public Sector Entities
     2                                       2,095,788       9,048,574                -              -          -      -
           Receivables

           Multilateral Development
     3     Banks and International                      -             -               -              -          -      -
           Institutions Receivables

     4     Bank Receivables                     67,191       2,599,896                -              -          -      -

     5     Home Secured Financing                      45    7,563,174       9,854,950      26,060,136          -      -

           Commercial Property
     6                                                  -             -               -              -          -      -
           Secured financing

           Employee/Pensioner
     7                                                508             -               -              -          -      -
           Financing

           Micro-Businesses, Small
     8     Businesses, and Retail            7,345,096      12,987,280                -              -          -      -
           Portfolios Receivables

     9     Corporate Receivables             5,034,024       2,830,393                -              -          -      -

 10        Matured Receivables                   2,242        126,138                 -              -          -      -

 11        Other Assets                      5,255,841                -               -              -          -      -

           Total Exposure to Financial
                                           122,971,350      35,155,455       9,854,950      26,060,136          -      -
           Position Statements

 B         Exposure to Commitment and Contingency

     1     Government Receivables                       -             -               -              -          -      -

           Public Sector Entities
     2                                                  -             -               -              -          -      -
           Receivables

           Multilateral Development
     3     Banks and International                      -             -               -              -          -      -
           Institutions Receivables

     4     Bank Receivables                             -      48,196                 -              -          -      -

     5     Home Secured Financing                       -             -               -              -          -      -

           Commercial Property
     6                                                  -             -               -              -          -      -
           Secured financing

           Employee/Pensioner
     7                                                  -             -               -              -          -      -
           Financing

           Micro-Businesses, Small
     8     Businesses, and Retail                       -             -               -              -          -      -
           Portfolios Receivables

     9     Corporate Receivables                        -             -               -              -          -      -

 10        Matured Receivables                          -             -               -              -          -      -

           Total Exposure to
           Commitment and                               -      48,196                 -              -          -      -
           Contingency




         PT Bank Syariah Indonesia Tbk
226 2024 Annual Report
Page 229
                            December 31, 2023

                                                                                                 Capital
             Net Receivables After Credit Risk Mitigation Impact             ATMR
                                                                                                Expense

  50%            75%               100%              150%          Other

   (9)           (10)               (11)              (12)         (13)        (14)               (15)



         -              -                  -                 -       -                -                    -

 4,597,916              -                  -        260,099          -       4,498,821           359,906


         -              -                  -                 -       -                -                    -


  198,327               -                  -                 -       -        619,143             49,531

         -              -                  -                 -       -      13,097,420         1,047,794

         -              -            6,923                   -       -           6,923               554


42,290,118              -                  -                 -       -      21,145,059         1,691,605


         -     38,234,728                  -                 -       -      31,273,502         2,501,880


 7,561,997              -       58,856,675                   -       -      63,203,752         5,056,300

         -              -        1,205,353                   -       -       1,230,581            98,446

         -              -        7,992,543                   -       -       7,992,543           639,403

54,648,358    38,234,728        68,061,494          260,099                143,067,744        11,445,419




         -              -                  -                 -                        -                    -

         -              -                  -                 -                        -                    -


         -              -                  -                 -                        -                    -


   10,164               -                  -                 -                 14,721              1,178

         -              -                  -                 -                        -                    -

         -              -                  -                 -                        -                    -


         -              -                  -                 -                        -                    -


         -       871,110                   -                 -                653,333             52,267


   69,104               -        1,760,564            25,938                 1,834,023           146,722

         -              -            3,437                   -                   3,437               275


   79,268        871,110         1,764,001            25,938                 2,505,514           200,442




                                                                           PT Bank Syariah Indonesia Tbk
                                                                                    2024 Annual Report
                                                                                                               227
Page 230
MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




                                                                                       December 31, 2023

 No.           Portfolio Category                                 Net Receivables After Credit Risk Mitigation Impact

                                               0%                20%                   25%                     35%              40%                45%

 (1)                    (2)                     (3)               (4)                      (5)                 (6)               (7)                (8)

 C         Exposure Due to Failure of The Opposing Party (Counterparty Credit Risk)

     1     Government Receivables                      -                    -                    -                   -

           Public Sector Entities
     2                                                 -                    -                    -                   -
           Receivables

           Multilateral Development
     3     Banks and International                     -                    -                    -                   -
           Institutions Receivables

     4     Bank Receivables                            -                    -                    -                   -

           Micro-Businesses, Small
     5     Businesses, and Retail                      -                    -                    -                   -
           Portfolios Receivables

     6     Corporate Receivables                       -                    -                    -                   -            -                  -

           Total Counterparty Credit
                                                       -                    -                    -                   -
           Risk Exposure


Net Receivables and Credit Risk Mitigation Techniques

Table of Net Receivables and Credit Risk Mitigation Techniques as of December 31, 2024 and 2023                                                      (Rp Million)



                                                                                           December 31, 2024


                                                                                Receivables Billing and MRK Technique

 No.            Portfolio Category
                                                                                 The Guaranteed Section with
                                              Net
                                                                                                                                          No Guaranteed
                                           Receivables                                               Financing
                                                             Collateral           Warranty                               Other
                                                                                                     Insurance


 (1)                    (2)                    (3)              (4)                  (5)                 (6)              (7)          (8)=(3)-[(4)+(5)+(6)+(7)


 A         Exposure to Financial Position Statements

     1     Government Receivables         109,670,745                   -                                       -                            109,670,745

           Public Sector Entities
     2                                      16,998,335       1,810,116                                          -                             15,188,219
           Receivables

           Multilateral Development
     3     Banks and International                     -                -                                       -                                         -
           Institutions Receivables

     4     Bank Receivables                  4,524,902       2,450,880                                          -                              2,074,022

     5     House Secured Financing          50,183,331                25                                        -                             50,183,306

           Commercial Property
     6                                          25,462                  -                                       -                                  25,462
           Secured financing

           Employee/Pensioner
     7                                      45,878,520                366                                       -                             45,878,154
           Financing

           Micro-Businesses, Small
     8     Businesses, and Retail           71,471,516      12,794,242                               17,705,235                               40,972,039
           Portfolios Receivables




         PT Bank Syariah Indonesia Tbk
228 2024 Annual Report
Page 231
                                         December 31, 2023

                                                                                                                                  Capital
                   Net Receivables After Credit Risk Mitigation Impact                                      ATMR
                                                                                                                                 Expense

  50%                  75%                     100%                150%                   Other

   (9)                 (10)                    (11)                 (12)                   (13)              (14)                   (15)



           -                    -                     -                    -                                        -                      -

           -                    -                     -                    -                                        -                      -


           -                    -                     -                    -                                        -                      -


           -                    -                     -                    -                                        -                      -


           -                    -                     -                    -                                        -                      -


           -                    -                     -                    -                                        -                      -

           -                    -                     -                    -                                        -                      -




                                                             December 31, 2023


                                                  Receivables Billing and MRK Technique


                                                      The Guaranteed Section with
   Net
                                                                                                                          No Guaranteed
Receivables
                        Collateral                Warranty           Financing Insurance          Other


                                                                                                                              (14)=(9)-
    (9)                    (10)                       (11)                     (12)               (13)
                                                                                                                        [(10)+(11)+(12)+(13)



103,170,615                          -                                                -                                    103,170,615

 16,002,378              2,095,788                                                    -                                     13,906,590


               -                     -                                                -                                                -


  2,865,414                   67,191                                                  -                                      2,798,223

 43,478,305                         45                                                -                                     43,478,260

         6,923                       -                                                -                                           6,923


 42,290,626                       508                                                 -                                     42,290,118


 58,567,105              7,345,096                                         12,987,280                                       38,234,729




                                                                                                          PT Bank Syariah Indonesia Tbk
                                                                                                                   2024 Annual Report
                                                                                                                                               229
Page 232
MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




                                                                                      December 31, 2024


                                                                           Receivables Billing and MRK Technique

 No.            Portfolio Category
                                                                            The Guaranteed Section with
                                             Net
                                                                                                                            No Guaranteed
                                          Receivables                                         Financing
                                                            Collateral       Warranty                          Other
                                                                                              Insurance


 (1)                      (2)                  (3)              (4)             (5)              (6)               (7)   (8)=(3)-[(4)+(5)+(6)+(7)


     9     Corporate Receivables           89,704,922       6,111,236                            37,156                         83,556,530

 10        Matured Receivables               1,407,449           1,399                          193,102                          1,212,948

 11        Other Assets                    20,017,897                 -                                -                        20,017,897

           Total Exposure to Financial
                                          409,883,079      23,168,264            -           17,935,493                        368,779,322
           Position Statements

 B         Exposure to Commitment and Contingency

     1     Government Receivables                     -               -          -                     -                                    -

           Public Sector Entities
     2                                        249,848                 -          -                     -                           249,848
           Receivables

           Multilateral Development
     3     Banks and International                    -               -          -                     -                                    -
           Institutions Receivables

     4     Bank Receivables                     37,127                -          -                     -                             37,127

     5     House Secured Financing                    -               -          -                     -                                    -

           Commercial Property
     6                                                -               -          -                     -                                    -
           Secured financing

           Employee/Pensioner
     7                                                -               -          -                     -                                    -
           Financing

           Micro-Businesses, Small
     8     Businesses, and Retail             858,585                 -          -                     -                           858,585
           Portfolios Receivables

     9     Corporate Receivables             1,176,906                -          -                     -                         1,176,906

 10        Matured Receivables                   4,485                -          -                     -                              4,485

           Total Exposure to
           Commitment and                    2,326,951                -          -                     -                         2,326,951
           Contingency

 C         Exposure Due to Opponent’s Failure (Counterparty Credit Risk)

     1     Government Receivables                     -               -          -                     -                                    -

           Public Sector Entities
     2                                                -               -          -                     -                                    -
           Receivables

           Multilateral Development
     3     Banks and International                    -               -          -                     -                                    -
           Institutions Receivables

     4     Bank Receivables                           -               -          -                     -                                    -

           Micro-Businesses, Small
     5     Businesses, and Retail                     -               -          -                     -                                    -
           Portfolios Receivables

     6     Corporate Receivables                      -               -          -                     -                                    -

           Total Counterparty Credit
                                                      -               -          -                     -                                    -
           Risk Exposure

           Total (A+B+C)                  412,210,030      23,168,264            -           17,935,493             -          371,106,273




         PT Bank Syariah Indonesia Tbk
230 2024 Annual Report
Page 233
                                              December 31, 2023


                                   Receivables Billing and MRK Technique


                                     The Guaranteed Section with
   Net
                                                                                                 No Guaranteed
Receivables
                  Collateral       Warranty          Financing Insurance   Other


                                                                                                    (14)=(9)-
    (9)              (10)            (11)                   (12)           (13)
                                                                                              [(10)+(11)+(12)+(13)

 74,283,089        5,034,024                                 32,365                                69,216,700

  1,333,732            2,242                                126,138                                 1,205,352

 13,248,384                    -                                   -                               13,248,384

355,246,571       14,544,894                             13,145,783                              327,555,894




              -                -      -                            -                                         -

              -                -      -                            -                                         -


              -                -      -                            -                                         -


     58,359                    -      -                            -                                   58,359

              -                -      -                            -                                         -

              -                -      -                            -                                         -


              -                -      -                            -                                         -


    871,110                    -      -                            -                                  871,110


  1,855,607                    -      -                            -                                1,855,607

      3,437                    -      -                            -                                    3,437


  2,788,513                    -      -                            -                                2,788,513




              -                -      -                            -                                         -

              -                -      -                            -                                         -


              -                -      -                            -                                         -


              -                -      -                            -                                         -


              -                -      -                            -                                         -


              -                -      -                            -                                         -

              -                -      -                            -        -                                -


358,035,084       14,544,894          -                  13,145,783                              330,344,407




                                                                                   PT Bank Syariah Indonesia Tbk
                                                                                            2024 Annual Report
                                                                                                                   231
Page 234
MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




Asset Securitization Transactions Where the Bank Acts as the Original Creditor

Table of Asset Securitization Transactions in the Case of BUS Acting as the Initial Creditor
as of December 31, 2024 and 2023                                                                                                                   (Rp Million)



                                                                            31 Desember 2024                                31 Desember 2023

                                                                Initial Creditor Asset Securitization         Initial Creditor Asset Securitization
 No.                     Underlying Asset                                    Transaction                                   Transaction

                                                                Securitized Asset       Profit/Loss on       Securitized Asset          Profit/Loss on
                                                                     Value                   Sale                 Value                      Sale

 (1)                              (2)                                  (3)                   (4)                        (5)                  (6)

  1      Government Receivables                                         -                        -                      -                     -

  2      Public Sector Entities Receivables                             -                        -                      -                     -

         Multilateral Development Banks and International
  3                                                                     -                        -                      -                     -
         Institutions Receivables

  4      Bank Receivables                                               -                        -                      -                     -

  5      House Secured Financing                                     192,490                     -                 260,485                    -

  6      Commercial Property Secured financing                          -                        -                      -                     -

  7      Employee/Pensioner Financing                                   -                        -                      -                     -

         Micro-Businesses, Small Businesses, and Retail
  8                                                                     -                        -                      -                     -
         Portfolios Receivables

  9      Corporate Receivables                                          -                        -                      -                     -

 10      Other Assets                                                   -                        -                      -                     -

         Total                                                       192,490                     -                 260,485                    -




Calculation of Risk-Weighted Assets for Credit Risk Using the Standardized Approach

Statement of Asset Exposure in the Statement of Financial Position Report


Table of Assets Exposure in the Financial Position Report as of December 31, 2024 and 2023                                                         (Rp Million)



                                                                 December 31, 2024                                  December 31, 2023

                                                           Balance Sheet Asset Exposure                       Balance Sheet Asset Exposure
 No.             Portfolio Category

                                                     Net                ATMR           ATMR After           Net                  ATMR       ATMR After
                                                  Receivables        Before MRK          MRK             Receivables          Before MRK      MRK

 (1)                        (2)                           (3)                (4)           (5)               (6)                  (7)             (8)

  1      Government Receivables                   109,670,745                      -                 -   103,170,615                    -                  -

  2      Public Sector Entities Receivables         16,998,335          4,435,794        4,009,091        16,002,378            4,982,402     4,498,822

         Multilateral Development Banks and
  3                                                              -                 -                 -              -                   -                  -
         International Institutions Receivables

  4      Bank Receivables                            4,524,902          1,006,920         501,480          2,865,414             652,738          619,143

  5      House Secured Financing                    50,183,331        15,006,942        15,006,937        43,478,305           13,097,429    13,097,419




       PT Bank Syariah Indonesia Tbk
232 2024 Annual Report
Page 235
                                                              December 31, 2024                                December 31, 2023

                                                     Balance Sheet Asset Exposure                     Balance Sheet Asset Exposure
 No.           Portfolio Category

                                                   Net              ATMR           ATMR After       Net              ATMR           ATMR After
                                                Receivables      Before MRK          MRK         Receivables      Before MRK          MRK

 (1)                      (2)                       (3)              (4)               (5)           (6)              (7)               (8)

       Commercial Property Secured
  6                                                 25,462           25,462            25,462          6,923            6,923             6,923
       financing

  7    Employee/Pensioner Financing              45,878,520       22,939,260        22,939,077    42,290,626       21,145,313        21,145,059

       Micro-Businesses, Small Businesses,
  8                                              71,471,516       53,603,637        34,270,076    58,567,105       43,925,329        31,273,502
       and Retail Portfolios Receivables

  9    Corporate Receivables                     89,704,922       82,648,594        76,550,133    74,283,089       68,213,669        63,203,753

 10    Matured Receivables                        1,407,449        1,407,449         1,251,568     1,333,732        1,333,732         1,230,580

 11    Other Assets                              20,017,897                    -    11,933,717    13,248,384                    -     7,992,543

       Total                                    409,883,078      181,074,058       166,487,542   355,246,571      153,357,535       143,067,744



Statement of Commitment and Contingency Receivables Exposure in the Statement of Commitments
and Contingencies Report


Table of Exposure Report for Commitment and Contingency Receivables in Commitment
and Contingency Report as of December 31, 2024 and 2023                                                                                 (Rp Million)



                                                              December 31, 2024                                December 31, 2023

                                                Commitment and Contingency Exposure              Commitment and Contingency Exposure
 No.           Portfolio Category

                                                   Net              ATMR           ATMR After       Net              ATMR           ATMR After
                                                Receivables      Before MRK          MRK         Receivables      Before MRK          MRK

 (1)                      (2)                       (3)              (4)               (5)           (6)              (7)               (8)

  1    Government Receivables                             -                -                 -             -                -                  -

  2    Public Sector Entities Receivables          249,848          124,924           124,924

       Multilateral Development Banks and
  3
       International Institutions Receivables

  4    Bank Receivables                             37,127           10,415            10,415        58,359           14,721            14,721

  5    House Secured Financing

       Commercial Property Secured
  6
       financing

  7    Employee/Pensioner Financing

       Micro-Businesses, Small Businesses,
  8                                                858,585          643,939           643,939       871,110          653,332           653,332
       and Retail Portfolios Receivables

  9    Corporate Receivables                     1,176,906        1,176,906         1,176,906     1,855,607        1,834,024         1,834,024

 10    Matured Receivables                           4,485            4,485             4,485         3,437            3,437             3,437

       Total                                     2,326,951        1,960,669         1,960,669     2,788,513        2,505,514         2,505,514




                                                                                                           PT Bank Syariah Indonesia Tbk
                                                                                                                    2024 Annual Report
                                                                                                                                              233
Page 236
MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




Statement of Exposure Giving Rise to Credit Risk Due to Counterparty Failure (Counterparty Credit Risk) Report


Table of Exposure Report Causing Credit Risk Due to Counterparty Failure
(Counterparty Credit Risk) 2024 and 2023                                                                                          (Rp Million)



                                                              December 31, 2024                          December 31, 2023

                                                            CCR Credit Risk Exposure                   CCR Credit Risk Exposure
 No.              Portfolio Category

                                                     Net             ATMR       ATMR After      Net             ATMR       ATMR After
                                                  Receivables     Before MRK      MRK        Receivables     Before MRK      MRK

 (1)                        (2)                       (3)             (4)              (5)       (6)             (7)              (8)

  1      Government Receivables                        -               -                -         -               -                -

  2      Public Sector Entities Receivables            -               -                -         -               -                -

         Multilateral Development Banks and
  3                                                    -               -                -         -               -                -
         International Institutions Receivables

  4      Bank Receivables                              -               -                -         -               -                -

         Micro-Businesses, Small Businesses,
  5                                                    -               -                -         -               -                -
         and Retail Portfolios Receivables

  6      Corporate Receivables                         -               -                -         -               -                -

         Total                                         -               -                -         -               -                -



Statement of Exposure Giving Rise to Credit Risk Due to Settlement Failure (Settlement Risk) Report


Table of Exposure Report Causing Credit Risk Due to Settlement Failure (Settlement Risk)
2024 and 2023                                                                                                                     (Rp Million)



                                                              December 31, 2024                          December 31, 2023

                                                     Exposure Credit Risk Settlement Risk       Exposure Credit Risk Settlement Risk
 No.              Portfolio Category
                                                                    Capital                                   Capital
                                                   Exposure                     ATMR After    Exposure                     ATMR After
                                                                   Reduction                                 Reduction
                                                    Value                         MRK          Value                         MRK
                                                                    Factor                                    Factor

 (1)                        (2)                       (3)             (4)              (5)       (6)             (7)              (8)

  1      Delivery versus payment                       -                                -         -                                -

         a.   Capital expenses 8% (5-15 days)          -                                -         -                                -

         b.   Capital expenses 50% (16-30
                                                       -                                -         -                                -
              days)

         c.   Capital expenses of 75% (31-45
                                                       -                                -         -                                -
              days)

         d.   100% capital expense (more than
                                                       -                                -         -                                -
              45 days)

  2      Non-delivery versus payment                   -               -                          -               -

         Total                                         -               -                -         -               -                -




       PT Bank Syariah Indonesia Tbk
234 2024 Annual Report
Page 237
Statement of Securitization Exposure Report


Table of Securitization Exposure Report 2024 and 2023                                                                                                            (Rp Million)


                                                                               December 31, 2024                                    December 31, 2023

                                                                         Securitization Exposure                               Securitization Exposure
 No.                Type of Transaction
                                                            Capital Reduction                                       Capital Reduction
                                                                                          ATMR After MRK                                       ATMR After MRK
                                                                 Factor                                                  Factor

  (1)                          (2)                                       (3)                     (4)                          (5)                      (6)
          ATMR for Securitization Exposure
   1      calculated using the External Rating                                                         -                                                     -
          Base Approach (ERBA) Method

          ATMR for Securitization Exposure
   2      calculated using the Standardized                                                     8,875                                                10,831
          Approach (SA) Method

          Securitization Exposure which is a
   3                                                                           -                                                    -
          Major Core Capital Reduction Factor

          Total                                                                -                8,875                               -                10,831



Statement of Total Credit Risk Measurement Report


Total Credit Risk Measurement Report 2024 and 2023                                                                                                               (Rp Million)


                                                                                                           December 31, 2024                December 31, 2024
 TOTAL CREDIT RISK ATMR                                                                                        168,457,086                      145,584,089

 TOTAL CAPITAL REDUCTION FACTOR                                                                                          -                                   -




Market Risk

Market risk is the risk arising from changes in market prices, including the risk of fluctuations in the value of tradable or leasable assets.
Market risk consists of two types: exchange rate risk and benchmark interest rate risk.


The following is disclosure information for market risk exposure.


Market Risk Report 2024 and 2023                                                                                                                                 (Rp Million)


                                                                               December 31, 2024                                    December 31, 2023

 No.                    Types Of Risk                                                  Bank                                                 Bank

                                                             Capital Expense                   ATMR                  Capital Expense                 ATMR

  (1)                          (2)                                       (3)                     (4)                          (5)                      (6)

   1      Interest Rate Benchmark Risk                                   56,023                700,285                        55,893                 698,668

          a. Specific Risk                                                         -                       -                            -                         -

          b. General Risk                                                56,023                700,285                        55,893                 698,668

   2      Exchange Rate Risk                                             79,452                993,145                        75,350                 941,868

   3      Equity Risk   1)



   4      Commodity Risk 1)

          Total                                                     135,475                   1,693,430                      131,243                1,640,536

Description
1) For BUS with subsidiaries that have exposure to the mentioned risks




                                                                                                                               PT Bank Syariah Indonesia Tbk
                                                                                                                                        2024 Annual Report
                                                                                                                                                                      235
Page 238
MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




Liquidity Risk

Liquidity risk is the risk arising from the Bank's inability to meet its maturing obligations through cash flow funding sources and/or
high-quality liquid assets that can be pledged, without disrupting the Bank's operations and financial condition. As the Bank's business
continues to grow, liquidity risk remains one of its primary concerns. This risk may arise when the Bank's financing growth exceeds the
growth of third-party funds. A mismatch between the availability of funding sources and the maturity of receivables and financing may
lead to difficulties in fulfilling the Bank’s obligations to customers and other parties.


The following is disclosure information for liquidity risk exposure.


Disclosure Report on Rupiah Maturity Profile 2024 and 2023

Disclosure Report on Rupiah Maturity Profile 2024 and 2023                                                                         (Rp Million)


                                                                                              December 31, 2024
                                                                                                  Maturity*)
 No.                    Description                 Balance
                                                                                                                 > 6 months
                                                                                   > 1 month      > 3 months
                                                                  ≤ 1 month                                         to 12      >12 months
                                                                                  to 3 months     to 6 months
                                                                                                                   months
 (1)                        (2)                        (3)           (4)              (5)             (6)            (7)           (8)
   I     Statement Of Financial Position

         A.   Assets                               383,068,136     65,447,131      13,293,980      10,889,512     22,341,420   271,096,093

              1.   Cash                              7,623,321      7,623,321                 -              -             -               -
                   Placements with Bank
              2.                                    41,470,072     41,470,072                 -              -             -               -
                   Indonesia
                   Placements with Other
              3.                                      300,430        300,430                  -              -             -               -
                   Banks
                   Investments In Marketable
              4.                                    55,776,134      4,476,080       5,643,665       3,357,983     14,513,511    27,784,895
                   Securities
              5.   Receivables:
                         Murabahah Receivables
                   a.                              143,652,233       228,408         288,284         700,955       3,195,164   139,239,422
                         (gross)
                   b.    Salam Receivables                    -               -               -              -             -               -

                   c.    Receivables istishna’               11               -               -             11             -               -

                   d.    Receivables qardh          11,507,426      2,462,147       4,109,686       1,409,701       132,499      3,393,393
                   Financing with profit sharing
              6.
                   scheme :
                   a.    Mudharabah Financing        2,914,936         20,669          8,177        2,032,324        57,668       796,098

                   b.    Musyarakah Financing      110,840,518      2,292,171       3,243,502       3,385,055      4,211,605    97,708,185

              7.   Financing rent                    2,410,211             989              666         3,483       230,973      2,174,100

              8.   Other Assets                      6,572,844      6,572,844                 -              -             -               -

         B.   Liabilities                          339,321,606    288,673,200      28,086,568      17,504,830      3,536,218     1,520,790

              1.   Third Party Funds
                         Wadiah Demand
                   a.                               17,961,391     17,961,391                 -              -             -               -
                         Deposits
                         Mudharabah Time
                   b.                              123,256,381     75,997,742      28,001,325      15,725,971      3,530,566             777
                         Deposits
                         Wadiah Savings
                   c.                               54,056,447     54,056,447                 -              -             -               -
                         Deposits
                         Mudharabah Savings
                   d.                               84,630,430     84,630,430                 -              -             -               -
                         Deposits
                   e.    Other                      24,492,705     24,492,705                 -              -             -               -

              2.   Liabilities to Bank Indonesia    18,417,864     18,417,864                 -              -             -               -




       PT Bank Syariah Indonesia Tbk
236 2024 Annual Report
Page 239
                                                December 31, 2023
                                                    Maturity*)
 Balance
                               > 1 month to 3    > 3 months to 6    > 6 months to 12
               ≤ 1 month                                                                    >12 months
                                   months            months              months

   (3)            (4)               (5)                (6)                (7)                    (8)


334,340,403     51,972,465       10,786,045         10,785,266         23,665,210             237,131,418

  4,912,435      4,912,435                -                  -                  -                          -

 21,401,613     21,401,613                -                  -                  -                          -

   389,257        389,257                 -                  -                  -                          -

 69,551,241     16,408,444        3,337,886          2,358,155         15,985,127              31,461,629



135,797,448       208,608          244,549            566,309           2,229,619             132,548,363

           -               -              -                  -                  -                          -

         30                -              -                  -                  -                      30

  9,348,359      2,126,689        3,818,415          1,460,771            62,825                1,879,659



  1,881,133        17,923             3,506          1,011,544           110,844                  737,316

 86,041,493      3,897,471        3,380,288          5,385,407          5,267,590              68,110,737

  2,408,507          1,138            1,401              3,080              9,204               2,393,684

  2,608,887      2,608,887                -                  -                  -                          -

295,403,060    256,228,652       23,418,538          8,649,819          6,901,643                 204,408



 19,293,355     19,293,355                -                  -                  -                          -

112,830,232     74,028,280       23,330,092          8,578,629          6,893,231                          -

 45,718,046     45,718,046                -                  -                  -                          -

 77,099,281     77,099,281                -                  -                  -                          -

 19,541,100     19,541,100                -                  -                  -                          -

 11,900,055     11,900,055                -                  -                  -                          -




                                                                           PT Bank Syariah Indonesia Tbk
                                                                                    2024 Annual Report
                                                                                                           237
Page 240
MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




                                                                                               December 31, 2024
                                                                                                   Maturity*)
 No.                    Description                 Balance
                                                                                                                     > 6 months
                                                                                  > 1 month        > 3 months
                                                                  ≤ 1 month                                             to 12         >12 months
                                                                                 to 3 months       to 6 months
                                                                                                                       months
 (1)                        (2)                        (3)            (4)            (5)               (6)              (7)               (8)
              3.   Liabilities to Other Banks         863,788         845,395          8,359             4,382            5,652                      -

              4.   Securities Issued                6,059,397       2,840,834                  -     1,700,000                    -     1,518,563

              5.   Received Financing               1,000,000       1,000,000                  -                 -                -                  -

              6.   Other Liabilities                8,583,203       8,430,392         76,884            74,477                    -         1,450

         C.   Commitment and Contingency Reports

              1.   Commitment obligations           2,409,047         220,557        357,436           189,393          170,863         1,470,798

              2.   Contingency obligations          1,128,775         372,743        186,529           122,093          170,234          277,176

         D.   Difference (A-B)                     43,746,530    (223,226,069)   (14,792,588)       (6,615,318)      18,805,202       269,575,303



Disclosure Report on Foreign Currency Maturity Profile

Disclosure Report on Foreign Currency Maturity Profile 2024 and 2023                                                                      (Rp Million)


                                                                                               December 31, 2024
                                                                                                   Maturity*)
 No.                    Description                 Balance
                                                                                                                     > 6 months
                                                                                  > 1 month        > 3 months
                                                                  ≤ 1 month                                             to 12         >12 months
                                                                                 to 3 months       to 6 months
                                                                                                                       months
 (1)                        (2)                        (3)            (4)            (5)               (6)              (7)               (8)
  I      Statement of Financial Position

         A.   Assets                               25,545,296    16,742,260       3,102,386         1,026,577          209,212         4,464,861

              1.   Cash                              457,368        457,368                -                 -                -                  -

                   Placements with Bank
              2.                                    8,496,207     8,496,207                -                 -                -                  -
                   Indonesia

                   Placements with Other
              3.                                    1,180,444     1,180,444                -                 -                -                  -
                   Banks

                   Investments In Marketable
              4.                                    8,875,671     6,202,824       1,932,021           175,440                 -          565,386
                   Securities

              5.   Receivables:

                         Murabahah Receivables
                   a.                                        -              -              -                 -                -                  -
                         (gross)

                   b.    Salam Receivables                   -              -              -                 -                -                  -

                   c.    Receivables istishna’               -              -              -                 -                -                  -

                   d.    Receivables qardh          2,266,358       304,776       1,048,330           828,994           84,258                   -

                   Financing with profit sharing
              6.
                   scheme :

                   a.    Mudharabah Financing         22,143                -              -           22,143                 -                  -

                   b.    Musyarakah Financing       3,346,700       100,641         122,035                  -         124,954         2,999,070

              7.   Financing rent                    900,405                -              -                 -                -          900,405




       PT Bank Syariah Indonesia Tbk
238 2024 Annual Report
Page 241
                                                            December 31, 2023
                                                                Maturity*)
Balance
                                       > 1 month to 3        > 3 months to 6     > 6 months to 12
                  ≤ 1 month                                                                              >12 months
                                           months                months               months

  (3)                 (4)                   (5)                    (6)                 (7)                    (8)
 1,086,510          1,039,714               32,951                  5,433                8,412                            -

 1,708,608          1,505,000                       -                      -                   -               203,608

  776,250             776,250                       -                      -                   -                          -

 5,449,623          5,327,571               55,495                 65,757                      -                     800

 4,058,742          1,223,636              276,698                241,678             575,758                1,740,972

 2,257,318            841,972              132,487                  2,424                      -             1,280,435

 1,801,424            381,664              144,211                239,254             575,758                  460,537

38,937,343       (204,256,187)         (12,632,493)              2,135,447          16,763,567             236,927,010




                                                             December 31, 2023
                                                                  Maturity*)
  Balance
                                          > 1 month to 3       > 3 months to 6    > 6 months to 12
                      ≤ 1 month                                                                           >12 months
                                              months               months              months

     (3)                     (4)                  (5)                (6)                 (7)                   (8)


 19,283,721           14,555,894            1,190,819             912,124             310,276              2,314,608

    343,406                 343,406                     -                  -                   -                      -

 11,039,165           10,654,240             384,925                       -                   -                      -


  1,685,216            1,685,216                        -                  -                   -                      -


  2,000,285            1,081,177             463,265                       -          157,284                298,559




     82,223                        -                    -                  -                   -              82,223

             -                     -                    -                  -                   -                      -

             -                     -                    -                  -                   -                      -

  1,958,722                 791,855          342,629              801,266              22,972                         -




             -                     -                    -                  -                   -                      -

  2,174,704                        -                    -         110,858             130,020              1,933,826

             -                     -                    -                  -                   -                      -




                                                                                        PT Bank Syariah Indonesia Tbk
                                                                                                 2024 Annual Report
                                                                                                                          239
Page 242
MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




                                                                                                   December 31, 2024
                                                                                                       Maturity*)
 No.                    Description                 Balance
                                                                                                                       > 6 months
                                                                                     > 1 month        > 3 months
                                                                     ≤ 1 month                                            to 12      >12 months
                                                                                    to 3 months       to 6 months
                                                                                                                         months
 (1)                        (2)                        (3)               (4)             (5)              (6)              (7)             (8)
              8.   Other Assets                               -                 -              -                -                -                -

         B.   Liabilities                          24,250,254        23,406,674        437,318           337,209           69,053                 -

              1.   Third Party Funds

                         Wadiah Demand
                   a.                               1,185,688         1,185,688                -                -                -                -
                         Deposits

                         Mudharabah Time
                   b.                               7,327,971         6,484,391        437,318           337,209           69,053                 -
                         Deposits

                         Wadiah Savings
                   c.                               1,223,620         1,223,620                -                -                -                -
                         Deposits

                         Mudharabah Savings
                   d.                                623,719            623,719                -                -                -                -
                         Deposits

                   e.    Other                     12,695,814        12,695,814                -                -                -                -

              2.   Liabilities to Bank Indonesia              -                 -              -                -                -                -

              3.   Liabilities to Other Banks                43                43              -                -                -                -

              4.   Securities Issued                1,126,650         1,126,650                -                -                -                -

              5.   Received Financing                         -                 -              -                -                -                -

              6.   Other Liabilities                   66,749            66,749                -                -                -                -

         C.   Commitment and Contingency Reports

              1.   Commitment obligations              94,429            94,018            411                  -                -                -

              2.   Contingency obligations           911,951             88,855        102,111            11,032          450,915        259,038

         D.   Difference (A-B)                      1,295,042        (6,664,414)      2,665,068          689,368          140,159       4,464,861




Operational Risk

Operational risk is the risk of loss resulting from inadequate or failed internal processes, human errors, system failures, and/or external
events that impact the Bank's operations.


The following is disclosure information for operational risk exposure.


Operational Risk Report 2024 and 2023                                                                                                      (Rp Million)



                                                                  December 31, 2024                                 December 31, 2023

                                                      Gross                                              Gross
 No.                Approach Used                    Income                                             Income
                                                                       Capital                                           Capital
                                                   (Average of                         ATMR           (Average of                        ATMR
                                                                      Expense                                           Expense
                                                     the last                                           the last
                                                     3 years)                                           3 years)

 (1)                        (2)                        (3)               (4)             (5)              (6)              (7)             (8)

 1       Standard indicator approach                18,985,886         2,847,883      35,598,536       18,347,104        2,752,066      34,400,820




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                                                                         December 31, 2023
                                                                                Maturity*)
             Balance
                                                     > 1 month to 3        > 3 months to 6     > 6 months to 12
                                  ≤ 1 month                                                                                >12 months
                                                         months                months               months

                (3)                   (4)                  (5)                     (6)                (7)                       (8)
                       -                     -                   -                       -                  -                          -

         19,481,943               18,745,347             262,572                  67,538           406,486                             -



             1,554,169             1,554,169                     -                       -                  -                          -


             3,017,864             2,281,268             262,572                  67,538           406,486                             -


             1,308,328             1,308,328                     -                       -                  -                          -


              600,789                600,789                     -                       -                  -                          -

         12,812,765               12,812,765                     -                       -                  -                          -

                       -                     -                   -                       -                  -                          -

                      45                    45                   -                       -                  -                          -

              123,176                123,176                     -                       -                  -                          -

                       -                     -                   -                       -                  -                          -

                64,807                64,807                     -                       -                  -                          -



                 2,008                 2,008                     -                       -                  -                          -

             1,036,413               100,769              46,191                  15,495           117,987                    755,971

             (198,222)            (4,198,453)            928,247                844,586            (96,210)                  2,314,608



Material Agreement for Capital                                          Capital Goods Investment
Investment
                                                                        In 2024, the actual capital goods investment increase for BSI
In 2024 and 2023, there were no material binding commitments            reached IDR3.85 trillion, higher compared to IDR1.65 trillion in
for capital goods investment, so BSI does not provide information       2023. The assets under construction experienced the highest
regarding the purpose of the commitment, the expected funding           increase, from IDR1.27 trillion in 2023 to IDR3.39 trillion in
sources to meet the commitment, the currency denomination,              2024.
and the planned steps to protect against the risks associated with
foreign currency positions.


Types and Value of Capital Goods Investment

The realization of capital goods investment made by BSI throughout 2023–2024 is as follows.


Table of Types and Value of Capital Goods Investment                                                                            (In IDR millions)


                           Type                                      Addition 2024                              Addition 2023
                           (1)                                            (2)                                        (3)
 Land                                                                       62                                        909
 Buildings                                                               27,298                                      4,096
 Installation                                                            58,831                                     22,110
 Vehicles                                                                 1,011                                       501
 Office Equipment                                                       249,465                                     65,728




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MANAGEMENT DISCUSSION
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                            Type                                  Addition 2024                            Addition 2023
                             (1)                                        (2)                                      (3)
 Software                                                              84,176                                  276,241
 Leasehold improvement                                                 27,095                                   13,023
 Construction in progress                                           3,398,166                                1,266,390
 Total                                                              3,846,104                                1,648,998


Purpose of Capital Goods Investment

The purpose of making capital investment is to support and enhance the operational activities of BSI as a whole, by ensuring smoothness,
efficiency, and effectiveness in every aspect of operations.



Commitments and Contingencies

The Bank’s receivables and payables from commitments and contingencies are as follows.


Table of Receivables and Payables of Commitments and Contingencies                                                             (in IDR millions)



                                   Description                                          2024                           2023

                                        (1)                                               (2)                            (3)
 Commitments Receivables
 Third parties
 Unsettled purchase of foreign currency futures                                         464,508                                 -
 Commitments Payables
 Third parties
   Unused financing facilities                                                        2,090,286                     1,775,974
   Irrevocable L/C                                                                      202,609                        267,737
   Subrogation payables                                                                 140,040                        137,094
   Sales of foreign currency futures unresolved                                         489,752                        114,862
                                                                                      2,922,687                     2,295,667
 Related parties
   Unused financing facilities                                                           48,602                        117,375
   Irrevocable L/C                                                                      161,978                          98,238
                                                                                        210,580                        215,613
 Commitments Payables- net                                                            2,668,759                     2,511,280
 Contingencies receivables
 Third parties
   Income from non-performing                                                           425,397                        335,215
   Bank guarantees (kafalah) received                                                   245,046                        234,419
   Others                                                                                35,611                          30,923
                                                                                        706,054                        600,557
 Contingencies payables
 Third parties
   Bank guarantees issued                                                             1,532,802                     2,099,170
 Related parties
   Bank guarantees issued                                                               507,923                        738,668
                                                                                      2,040,725                     2,837,838
 Contingencies payables - net                                                         1,334,671                     2,237,281




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Commitment and contingency transactions occurring in the Bank’s normal business activities that carry financing risk are as follows.


Table of Commitment and Contingency Transactions with Financing Risk                                                             (in IDR millions)



                                Description                                               2024                           2023

                                     (1)                                                   (2)                             (3)

 Bank Guarantees Issued                                                                 2,040,725                      2,837,838

 Unused Financing Facilities                                                            2,138,888                      1,893,349

 Irrevocable (L/C)                                                                       364,587                         365,975

 Total                                                                                  4,544,200                      5,097,162



The collectibility of commitments and contingencies in administrative accounts with financing risk is as follows.


Table of Commitment and Contingency Collectibility in Administrative Accounts with
Financing Risk                                                                                                                   (in IDR millions)



                                Description                                               2024                           2023

                                     (1)                                                   (2)                            (3)

 Current                                                                                4,542,007                      5,041,570
 Special Mention                                                                            2,193                         31,313
 Substandard                                                                                        -                     15,425
 Doubtful                                                                                           -                              -
 Loss                                                                                               -                      8,854
 Total                                                                                  4,544,200                      5,097,162


The changes in the allowance for impairment losses on estimated commitments and contingencies are as follows


Table of Changes in Allowance for Impairment Losses on Estimated Commitments and Contingencies                                   (in IDR millions)



                                   Uraian                                                 2024                           2023

                                     (1)                                                   (2)                            (3)

 Beginning year balance                                                                   32,017                         28,873

 Provision during the year                                                                (8,443)                         3,246

 Exchange rate difference                                                                    471                           (102)

 Ending year balance                                                                      24,045                         32,017



Management believes that the allowance for impairment losses on estimated commitments and contingencies that has been established
is adequate and complies with OJK regulations.



Material Information and Facts After the Accountant's Report Date

Until the end of this Annual Report, no significant events have occurred after the accountant's report date, including their impact on
performance and business risks in the future.




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Business Prospects and Future Strategy                                    rising commodity prices (including oil), climate-related risks,
for 2025                                                                  and imported inflation risks stemming from increasing global
                                                                          commodity prices and potential depreciation of the Rupiah.
Business Prospects
                                                                          The expected decline in interest rates in the future is anticipated
The global economy is projected to be on an improving trend, with         to improve market liquidity, thereby supporting banking
growth expected to be around 3.3% in 2025. However, several               intermediation. The Bank Indonesia (BI) rate affects the
risks must continue to be monitored. Risks such as the delayed            adjustment of banks' Prime Lending Rate (SBDK), which could
economic recovery in China and the escalation of geopolitical             potentially drive credit growth within the range of 11%–13%
tensions, coupled with uncertainties surrounding the change in            in 2025. Meanwhile, Third-Party Funds (DPK). In 2025, Bank
leadership in the United States, require close attention as they          Indonesia will implement a pro-growth policy with a focus on the
could potentially slow down global economic growth.                       development of the sharia economy and finance. The growth of
                                                                          the sharia economy is expected to continue its positive trend,
Amid these conditions, Indonesia's economy in 2025 is projected           with a projected growth rate ranging from 4,8% to 5,6%.
to grow slightly higher than the previous year, within the range
of 4.8% to 5.6%, driven by domestic demand. Moving forward,               Moving forward, BSI is committed to continuously providing
Indonesia’s economic growth is expected to remain solid and               modern, comprehensive, and universal Sharia financial solutions
on an upward trend. This steady economic growth is primarily              to its customers. The bank aims to position itself as a financial,
supported by domestic demand, accompanied by improving                    social, and spiritual partner for its customers and the wider
external demand in line with the global economic recovery.                community.
However, several risks, including a slower global economic
                                                                          Sources:
recovery and the impact of escalating geopolitical tensions, need         - Word Economic Outlook, International Monetary Fund, January 2025
to be continuously monitored as they could potentially hinder             - Monetary Policy Review, Bank Indonesia, February 2025
                                                                          - Bank Indonesia Board of Governors Meeting, 17-18 December 2024
the recovery of Indonesia’s external sector performance.


Amid ongoing geopolitical tensions, commodity prices continue             SWOT Analysis
to normalize, leading to a general downward trend in inflation,
including domestic inflation. Going forward, inflation is projected       Considering the aforementioned factors, BSI conducts a
to remain within the target range of 2.5% ± 1% and continue               competitive analysis through the Strengths, Weaknesses,
its declining trend. This low and controlled inflation supports           Opportunities, and Threats (SWOT) framework. Internal factors
consumer purchasing power, thereby driving economic growth.               are reflected in the strengths and weaknesses of BSI, while
However, several risks must still be closely monitored, particularly      external factors are analyzed through opportunities and threats
the potential impact of escalating geopolitical tensions, such as         within the current banking industry.


Table of SWOT Analysis

                                 Strengths                                                             Weaknesses
 - A Sharia bank in Indonesia ranked among the Top 10 Global Islamic    - Employee and outlet productivity is not yet optimal.
   Banks.                                                               - Low financial literacy regarding Sharia banking
 - The largest Sharia bank in Indonesia in terms of assets.
 - Extensive office network with over 1,000 branches across Indonesia
   and an international presence in Dubai.
 - Large customer base
 - A wide range of Sharia-based financial products and services.
 - High-quality financing.

                               Opportunities                                                              Threats
 -   High Sharia banking preference among customers.                    - Competition with conventional banks and fintech.
 -   Growth of the global and national Islamic economy.                 - Geopolitical and global economic conditions.
 -   Strong positioning of BSI in the Sharia banking industry.          - Advancements in information technology and cybersecurity risks.
 -   Government support for Islamic finance.
 -   Expanding market share in the national banking industry.
 -   Synergy with Parent banks.




       PT Bank Syariah Indonesia Tbk
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Based on the analysis above, BSI is optimistic about having                     ecosystem, value chain-based businesses, and existing customers
strong prospects and opportunities in the future. To seize these                with a solid financial track record. This segment will be the focus
prospects and opportunities, BSI has formulated strategies to                   of SME and MSME strategy in managing institutional transaction
optimize the bank's performance in 2025.                                        accounts, optimizing SME financing penetration from the targeted
                                                                                ecosystem, and ensuring healthy and prudent microfinance
Future Growth Strategy 2025                                                     penetration with a focus on KUR financing. Additionally, there
                                                                                will be a selection of high-yielding BSI product growth for micro-
In 2025, to achieve its vision and mission, BSI will focus on its strategy      enterprises in the market ecosystem, wholesale suppliers, retail
as the Best Islamic Financial Platform Provider, emphasizing                    markets, healthcare sector, and education sector, as well as
Financial, Social, and Spiritual Solutions while developing the Islamic         increased penetration through BSI Agents.
Ecosystem in line with its targeted segments:                                4. Consumer Segment
1. Wholesale                                                                    BSI will continue implementing strategies that have proven
    BSI will tap into wholesale business potential from                         to add value to its performance, particularly by managing
    corporations and corporate groups by expanding its                          sustainable and healthy financing growth in the consumer
    customer base and deepening relationships with clients                      segment. This will be achieved through programs and products
    through transactional banking capabilities and an extended                  tailored to customer needs, such as SuperApps BYOND by
    value chain. The bank also strengthens wholesale-retail                     BSI, Hajj Savings, investment products like retail sukuk and
    collaboration as an entry point to leverage business                        bancassurance, Zakat, Infaq, Sadaqah, and Wakaf (ZISWAF)
    opportunities from corporate or institutional wholesale                     transactions, and competitive consumer financing products,
    clients, including payroll business, employee financing,                    including BSI Griya, BSI Oto, Mitraguna Berkah, Pensiun
    pawning services, and fundraising products.                                 Berkah, Pra Pensiun Berkah, Gadai Emas, dan Cicil Emas.
2. Institutional Sector
    BSI will also tap into business opportunities within institutions        To support this strategy, BSI will strengthen its business
    by targeting government institutions, state agencies, state-             penetration platforms, which are categorized into three main
    owned enterprises (SOE), regional-owned enterprises                      areas, including physical platforms such as branches and BSI
    (ROE), ministries and their subordinate work units, public               Agents, e-channel such as BYOND by BSI, BEWIZE, ATM, EDC,
    educational institutions, hospitals, and their associated                QRIS, and inorganic platform subsidiaries.
    entities. BSI aims to offer financial products and solutions
    tailored to the needs of these institutions, their partner               To ensure the successful execution of its strategic focus on the target
    vendors, and employees. To increase low-cost funding, the                segments mentioned above, BSI will also enhance fundamental
    bank will focus on positioning itself as a transactional bank,           enablers in several key areas including Human Capital, by improving
    particularly for institutions, by developing products and                employee productivity and competency while strengthening
    services that align with customer needs, such as enhanced                organizational management. In the area of Information Technology
    cash management solutions with more comprehensive                        and Operational Excellence, BSI will focus on stabilizing and
    features.                                                                upgrading core banking systems, reinforcing the three-pillar
3. SMEs and MSMEs                                                            IT structure, enhancing IT security, and achieving operational
    BSI will also strengthen its business in the Small and Medium            excellence. In the Environmental, Social, Risk, Governance, and
    Enterprises (SME) and Micro, Small, and Medium Enterprises               Compliance (ES-GRC) domain, BSI will implement an Enterprise
    (MSME) segments by targeting key SME ecosystems, such                    Risk Management System, a Resolution Plan, and Anti-Fraud
    as palm oil plasma core ecosystems, cooperative businesses               measures while strengthening ESG governance through various
    (kopkar), business linkages, education services, healthcare              ESG programs to support the Sustainable Development Goals
    services, Sovereign Sharia Securities (SBSN) and the National            (SDGs). In line with these efforts, BSI will also strengthen its data
    Budget (APBN), Hajj and Umrah travel agencies, as well as both           analytics capabilities by building a robust big data infrastructure
    state-owned and private enterprises. Additionally, BSI will focus        with enhanced quality and improving decision-making processes
    on productive micro-businesses operating within the halal                through artificial intelligence.




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MANAGEMENT DISCUSSION
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Target Achievement and Future Targets

Target Achievement

Comparison of Financial Targets and Realization for 2024

The comparison of financial targets and actual realization is presented as follows.


Table of Financial Target and Realization Comparison                                                                            (in IDR millions)


                           Description                               2024 Budget Plan        2024 Realization            Achievement
                                  (1)                                      (2)                       (3)                  (4) = (3)/(2)
 FINANCIAL POSITION
 Total Assets                                                            378,370,355              408,613,432                  107.99%
 Financing facilities                                                    272,987,063              278,481,243                  102.01%
 Third-Party Funds                                                       321,273,357              327,454,166                  101.92%
 INCOME STATEMENT
 Revenue from Fund Management as Mudharib                                 24,704,000                25,298,203                 102.41%
 Laba Bersih                                                               6,079,690                 7,005,888                 115.23%
 FINANCIAL RATIOS (%)
 Gross NPF                                                                       2.00%                     1.90%               105.26%
 Net NPF                                                                         0.55%                     0.50%               110.00%


In 2024, BSI’s total assets were recorded at IDR408.61 trillion,          BSI’s DPK in 2024 was recorded at IDR327.45 trillion, achieving
surpassing the RKAP/RBB target by 107.99%. This achievement               101.92% of the RKAP/RBB target. This outcome was influenced
was driven by the sustained growth of Third-Party Funds (DPK) and         by intense liquidity competition in the market. Nonetheless,
the bancassurance collaborations that helped increase the inflow          BSI successfully achieved a more sustainable DPK target by
of funds into the bank. With relatively stable market conditions,         continuously boosting the growth of its Current Account Saving
BSI was able to optimize its asset management, reflecting solid           Account (CASA), particularly in the savings segment. This indicates
and sound growth.                                                         BSI’s success in attracting customer funds, even amid heightened
                                                                          liquidity competition.
BSI’s total financing extended in 2024 reached IDR278.48 trillion,
also exceeding the RKAP/RBB target by 102.01%. Financing                  BSI’s net profit in 2024 was recorded at IDR7.00 trillion,
across all segments wholesale, retail, and consumer continued to          exceeding the RKAP/RBB target with an achievement of
grow. BSI’s main focus is to ensure the quality of its sustainable        115.23%. This excellent net profit performance was driven by
financing by maintaining a balance between financing expansion            an increase in margin income and profit-sharing, along with
and prudent risk management.                                              continuously growing fee-based income. Additionally, to further
                                                                          enhance profitability, BSI has persistently implemented effective
                                                                          cost efficiencies and maintained the quality of its sound assets.
                                                                          This reflects the bank’s success in managing revenue sources and
                                                                          controlling costs efficiently.



Comparison of Target and Actual Capital Structure 2024

The comparison of target and actual capital structure is presented as follows.


Table of Comparison of Target and Actual Capital Structure                                                                      (in IDR millions)


                           Description                               2024 Budget Plan        2024 Realization            Achievement

                                  (1)                                      (2)                       (3)                  (4) = (3)/(2)
 Core Capital (Tier 1)                                                   41,273,113                41,685,617                 101.00%

 Supplementary Capital (Tier 2)                                           2,302,418                 2,265,714                  98.41%

 Total Capital                                                           43,575,531                43,951,331                 100.86%




      PT Bank Syariah Indonesia Tbk
246 2024 Annual Report
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As of December 2024, BSI's total capital reached IDR43.95 trillion, achieving 100.86% of the RKAP/RBB target. This aligns with the
Capital Adequacy Ratio (CAR), which stood at 21.40% in December 2024, achieving 101.82% of the target. This accomplishment was
supported by the bank’s net profit performance, which exceeded the target by 115.23%.


Comparison of Target and Actual Marketing Performance 2024

The comparison of target and actual marketing performance is presented as follows.


Table of Comparison of Target and Actual Marketing Performance

           Product                                                      Decription                                                2024 Realization

 New Product Plans for 2024

                                 The online e-commerce transaction feature for BSI Visa Debit Card ensures secure
 BSI Debit Visa E-commerce                                                                                                      Licensing/reporting
                                 transactions using the 3DS (Verify by Visa) service, which involves OTP-based transaction
 Online Transactions                                                                                                            process to BI
                                 authentication.

                                 Card Management System for BSI Hasanah Card

                                 1.   The CMS is a core banking system that will be used by CBG to provide services to BSI
                                      Hasanah Cardholders, including card activation, services, transaction authorization,
                                      posting/bookkeeping, billing statements, cardholder/customer maintenance, and
                                      more
 Card Management System          2.   The BSI Hasanah Card CMS will replace the current CMS used by CBG, which is
                                                                                                                                Live
 BSI Hasanah Card                     Cardlink.
                                 3.   BSI will collaborate with Artajasa, a member of TPCM, under a managed service
                                      concept that will be formalized in a Cooperation Agreement (PKS).
                                 4.   Product/feature developments, including the development of necessary modules for
                                      BSI, will be carried out by Artajasa.
                                 5.   To support services for cardholders, the modules used in the new CMS will be relatively
                                      similar to those currently available in Cardlink.

                                 BSI Mobile Revamp is an enhancement of the mobile banking platform with a newer, more
 BSI Mobile Revamp               modern generation, featuring additional services and features and integration with other       Live
                                 platforms.

 Developing Foreign Exchange     Development of forex transactions in net banking, namely the development of multi-             Licensing/reporting
 Transactions in Net Banking     currency services through internet banking.                                                    process to OJK

                                                                                                                                Licensing/reporting
 Qardh Gold Collateral Limit     A maximum limit of IDR1 billion per customer for gold-backed qardh financing.
                                                                                                                                process to OJK

 Institutional Securities        Marketing Partner for Securities Brokerage (MPPPE) is an entity that provides securities
 Intermediary Marketing          brokerage marketing services to customers and/or potential customers based on a                Piloting for Live
 Partner (Level 1)               cooperation contract, with a scope limited to providing referrals to securities companies.

 Online Mutual Fund              Electronically mutual fund transactions (account opening, subscription, redemption and
                                                                                                                                Piloting for Live
 Transactions                    switching)

                                 A cash management service platform consisting of account payable management, account
 Cash Management Service         receivable management, account liquidity management, account administration and
                                                                                                                                Live
 Platform                        information, and digital onboarding, designed for Corporate, Institutional, Government,
                                 SME, Cooperative, and Sole Proprietorship segments.

                                 It is the addition of banking activities providing services for transactions of Government     Licensing/reporting
 Sub-registry BI-SSSS
                                 Securities (SBN) and regional government securities, supported by Bank Indonesia services.     process to OJK

 Financial Institution Bank to   Financial institution bank to bank murabahah facility is fundraising and distribution          Licensing/reporting
 Bank Murabahah Facility         between banks utilizing a commodity exchange under a murabahah contract.                       process to OJK

                                 Distribution of Social Assistance Program to support the Ministry of Agriculture of the
 Fundraising (Digital Farmer     Republic of Indonesia by implementing several developments, including:
                                                                                                                                Internal process
 Card BLP)                       1. Digital Farmer Card (BLP)
                                 2. External Reporting (H2H)




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MANAGEMENT DISCUSSION
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           Product                                                    Decription                                                2024 Realization

                              BI FAST Phase 2 is the continuation of the BI Fast Phase 1 project, a retail payment system
                                                                                                                              Licensing/reporting
 BI Fast Phase 2              infrastructure that facilitates real-time retail payments through various instruments and
                                                                                                                              process to BI
                              payment channels, available 24/7.

                              Standardization of Open API BI SNAP for Account Binding and Unbinding Aligning with
 SNAP Account Binding dan
                              regulatory programs (Bank Indonesia and OJK) to implement standardized open banking             Live
 Account Unbinding
                              services through Open API and Open Banking technology

                              BSI Tapenas Regular Savings is a term savings account for individuals in Indonesian Rupiah,
 Integrated Bancassurance
                              with a fixed monthly deposit and a predetermined period, complemented by insurance              Live
 Partnership
                              coverage

 BSI Hasanah Young Segment    A sharia-compliant credit card targeting the young segment, equipped with contactless
                                                                                                                              Internal process
 Contactless                  payment capabilities

                              A variant of the BSI debit card tailored with features and benefits to meet the needs of
 BSI Business Debit Card                                                                                                      Live
                              business customers.

                              A financing product in the form of a card issued to customers for transactions involving
                                                                                                                              Licensing/reporting
 Indonesia Credit Card(KKI)   goods and services, with payments sourced from the Regional Revenue and Expenditure
                                                                                                                              process to BI
                              Budget (APBD).

                              A feature of the BSI Hasanah Card (Islamic credit card) and its related products available on
                              the BSI Super App (BYOND by BSI). It includes auto-binding, virtual card display, activation,
 Hasanah Card Lyfe                                                                                                            Live
                              PIN request, and a dashboard for limit information, outstanding balance, remaining limit,
                              and more.

                              Cash Cardless Withdrawal (CCWL) is a feature that allows non-BSI customers to withdraw
 Cash Cardless Withdrawal
                              cash without a card at BSI ATMs. Additionally, BSI customers can perform cardless cash          Live
 Off Us (CCWL Off Us)
                              withdrawals at ATMs within other bank networks.

                              The bank product, BSI Cicil Emas, will continue to operate under the existing transaction
                              mechanism.
                              The buyback feature is an option provided to customers who wish to resell their gold,
 BSI Cicil Emas Buyback       serving as an after-sales service. Gold purchases will be conducted by the bank’s partners.     Internal process
 Feature                      The bank acts as an intermediary, connecting customers (gold sellers) with partners (gold
                              buyers). Gold purchased by the partners will be temporarily stored at BSI until the partners
                              collect it (within a maximum of 7 business days). All costs incurred from the buyback
                              transaction will be the responsibility of the partner.

                              The Cash Waqf Linked Deposit (CWLD) is a basic deposit product where the principal
                              amount functions as a temporary waqf (endowment), and the profit-sharing returns from
                              the deposit can be directly allocated to social projects determined for each issuance series.
                              CWLD Financing is an advanced development of the basic CWLD product. It allows social
 Cash Waqf Linked Deposit
                              projects to be realized earlier without waiting for the full profit-sharing payments from the   Internal process
 (CWLD) Financing
                              deposit principal. The funding for social projects comes from financing, with installment
                              payments deducted from the monthly profit-sharing (deposit returns). This scheme enables
                              faster project realization, and the returns received by customers are more attractive
                              compared to the basic CWLD product.

                              The BSI Investment Account On Balance Sheet is a product designed to optimize investment
 BSI Investment Account on    functions within Islamic banking by collecting funds from investors and channeling
                                                                                                                              Internal process
 Balance Sheet                them to customers/instruments/portfolios that are attractive from an on-balance-sheet
                              perspective, using the mudharabah muqayyadah contract.

                              The commodity murabahah contract scheme is a commodity sales transaction that specifies
 Commodity Murabahah for      the purchase price and agreed profit margin. This scheme is used for financing/placement        Licensing/reporting
 Overseas Branches (KCLN)     products, fund mobilization, and sukuk issuance, with restrictions to support the activities    process to OJK
                              of Overseas Branch Offices




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           Product                                                     Decription                                                 2024 Realization

 New Trade Finance            Platform E2E Trade Finance Solutions and Document Pre Checking Automation with Smart AI.         Internal process

                              Global Transaction Sharia (GTS) is a digital platform developed by BSI's team to support
 Global Transaction Sharia/   wholesale business initiatives. It implements Single Sign-On Access (SSO) for all banking
                                                                                                                               Internal process
 BEWIZE                       subsystems integrated within GTS, allowing customers to access cash management, value
                              chain, trade finance, and other financial services.

                              The BSI Daily Kafalah Facility is provided by the bank to customers through a line facility
 BSI Daily Kafalah            agreement for the purpose of guaranteeing financing realization and working capital for          Internal process
                              PRKS. It utilizes the kafalah bil ujrah and/or musyarakah contract schemes.

                              The Sharia Multi-Spot Simple Hedging product is a basic hedging transaction (Aqd al
 Simple Multi-Spot Sharia
                              Tahawwuth al-Basith). The transaction process consists of a single Wa'd accompanied by           Live
 Hedging
                              multiple spot transaction agreements, as mutually agreed upon by both parties.

                                                                                                                               Licensing/reporting
 Sukuk Tapera Phase III       This is a sukuk issued in stages without a public offering, with a single investor, BP Tapera.
                                                                                                                               process to OJK

 Revitalization of Gold
                              This feature update increases the financing limit for gold installment plans, raising the        Licensing/reporting
 Ownership Financing Limit
                              maximum financing amount from IDR150 million to IDR500 million per customer.                     process to OJK
 Enhancement Feature

                              The Consumer Landing Page is a digital platform designed to make it easier for customers
 Consumer Landing Page        to explore BSI consumer products, apply for financing, calculate installment simulations,        Internal process
                              and access information on BSI consumer financing promotions—all in one place

                              The Umrah package purchase feature on BYOND by BSI allows BSI customers to purchase
                              Umrah packages through the BYOND by BSI platform. Customers can select an Umrah
                                                                                                                               Licensing/reporting
 Umrah Package Purchase       package, register pilgrims, and make payments either in full or via a down payment with
                                                                                                                               process to OJK
                              subsequent installments. This feature serves as a one-stop solution for customers planning
                              their Umrah pilgrimage.




Comparison of Targets and Realization of Human Resource Development 2024

The comparison between targets and realization of human resource development is presented as follows.


Table of Comparison of Targets and Realization of Human Resouce Development

                                                                                         Budget Plan            Realization in
                                 Description                                                                                          Achievement
                                                                                         2024 (RKAP)                2024

                                      (1)                                                      (2)                     (3)             (4) = (3)/(2)

 HR Development Expenses (IDR)                                                          147,623,000,000         141,590,926,496            95.91%




The realization of HR development expenses in 2024 was                         development programs have been provided to employees
recorded at IDR141.59 billion, slightly below the RKAP 2024                    to prepare them for the increasingly complex and dynamic
target of 95.91% of the planned budget, which amounted to                      challenges of the banking industry.
IDR147.62 billion.
                                                                               Through more intensive training and structured development
BSI is committed to enhancing the quality and competence of its                programs, BSI hopes to build a more skilled, productive workforce
human resources as part of a long-term strategy to strengthen                  that is ready to face technological changes and continuously
the bank’s performance. A series of training sessions and                      evolving market demands.




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Future Targets/Projections

Assumptions for Setting 2025 Targets/Projections

In preparing the projections for 2025, BSI has used several macroeconomic assumptions as follows.


Table of Assumptions for Setting 2025 Targets/Projections

                                        Description                                                  2025

                                            (1)                                                       (2)

 Economic Growth                                                                                       5.14%

 Inflation Rate                                                                                        2.70%

 Exchange Rate (IDR/USD)                                                                            Rp14,977

 7-Day Reverse Repo Rate                                                                                5,00
Sumber: Office of Chief Economist BSI



Financial Targets/Projections for 2025

The financial targets/projections for 2025 are as follows.


Table of Financial Targets/Projections for 2025                                                                          (in IDR millions)



                                        Description                                            Projection 2025

                                            (1)                                                       (2)

 Financing Growth                                                                               14.00% - 16.00%

 Cost of Credit                                                                                          <1.00%

 Net Interest Margin                                                                                     >5.00%

 NPF Gross                                                                                               <2.00%




Dividend Policy Targets/Projections for 2025

The distribution of BSI dividends is determined based on the         The determination, amount, and payment of future cash
resolution of the General Meeting of Shareholders (GMS), and         dividends will depend on various factors, including but not
all shareholders have equal rights, including the right to receive   limited to retained earnings, operational performance, cash flow,
dividends. Considering its financial capability and condition, BSI   business prospects, BSI’s current and future financial condition,
may review and revise its dividend policy from time to time, in      as well as other factors deemed relevant by BSI’s shareholders,
compliance with applicable Indonesian laws and regulations.          and applicable Indonesian regulations. BSI reserves the right to
Under the above provisions and BSI’s overall financial condition,    review and amend its dividend policy from time to time, under
the company has a policy to distribute dividends in cash to all      applicable Indonesian laws and regulations.
shareholders after setting aside sufficient reserves, without
limiting the GMS’s authority to determine the dividend
distribution to be decided in the meeting.




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Marketing Targets/Projections for 2025

The marketing projections for 2025 are as follows.


Table of Comparison of Marketing Targets/Projections for 2025

   New Product Plan for                                                                                                            Target Realization
                                                                         Description
          2025                                                                                                                           2025

                                  The BSI Debit Visa E-Commerce 3D Secure transaction is an online transaction feature
 BSI Debit Visa E-commerce
                                  for BSI Debit Visa cards, secured with 3DS (Verify by Visa) authentication using OTP              Triwulan I - 2025
 Online Transactions
                                  verification.

                                  Card Management System BSI Hasanah Card

                                  1.   CMS is a core banking system that will be used by CBG to provide services to BSI
                                       Hasanah Card holders, including card activation, services, transaction authorization,
                                       posting/accounting, billing statements, cardholder/customer maintenance, and more.
 Card Management System           2.   This CMS will replace the current CMS used by CBG, which is Cardlink.
                                                                                                                                    Triwulan I - 2025
 BSI Hasanah Card                 3.   BSI will collaborate with Artajasa, which is part of TPCM, using a managed service
                                       concept that will be outlined in a Cooperation Agreement (PKS).
                                  4.   Product/feature developments, including required module developments, will be
                                       carried out by Artajasa.
                                  5.   To support cardholder services, the modules used in this CMS will be similar to those
                                       currently available in Cardlink.

 Foreign Exchange                 The development of foreign exchange transactions in net banking includes multi-currency
                                                                                                                                    Triwulan I - 2025
 Transactions on Net Banking      services through internet banking.

                                  The Gold-Backed Qardh Limit allows a maximum financing amount of IDR1 billion per
 Gold-Backed Qardh Limit                                                                                                            Triwulan I - 2025
                                  customer.

                                  Institutional Brokerage Partner (MPPPE) is an entity that provides brokerage marketing
 Institutional Brokerage
                                  services to customers and/or potential customers based on a contractual agreement, with           Triwulan II - 2025
 Partner Level 1
                                  a limited scope of providing referrals to securities companies.

 Mutual Fund Transactions via     Electronic mutual fund transactions, including account opening, subscription, redemption,
                                                                                                                                    Triwulan I - 2025
 BSI Mobile                       and switching, through the BYOND by BSI application.

                                  The BI-SSSS registry is an additional banking activity that provides services for transactions
 BI-SSSS Sub-registry             involving government securities (SBN) and regional government bonds, supported by Bank            Triwulan II - 2025
                                  Indonesia's services.

 Financial Institution Bank-to-   The Financial Institution Bank-to-Bank Murabahah Facility is an interbank funding and
                                                                                                                                    Triwulan I - 2025
 Bank Murabahah Facility          lending service utilizing a commodity exchange with a murabahah contract.

                                  The distribution of a social assistance program to support the Ministry of Agriculture of the
 Fund mobilization (Digital       Republic of Indonesia, which includes:
                                                                                                                                    Triwulan II - 2025
 Farmers Card)                    1. Digital Farmers Card (BLP)
                                  2. External Reporting (H2H)

                                  BI FAST Phase 2 is a continuation of BI Fast Phase 1, which is an infrastructure project for
 BI Fast Phase 2                  a retail payment system that facilitates real-time, 24/7 transactions using various payment       Triwulan I - 2025
                                  instruments and channels.

 BSI Hasanah Contactless          A new variant of the BSI Hasanah Card (sharia-compliant credit card) designed for the
                                                                                                                                     Triwulan I -2025
 Card                             young segment with contactless payment capability.

                                  The Domestic Government Credit Card (KKPD) is a financing product that provides a
 Government Credit Card
                                  payment card for customers to conduct transactions for goods and services, with funds              Triwulan I -2025
 (KKI)
                                  sourced from the Regional Revenue and Expenditure Budget (APBD).

                                  Hasanah Card Lyfe is a feature of the BSI Hasanah Card (sharia credit card) and its product
                                  variants within BSI's SuperApp (BYOND by BSI), offering auto-binding, virtual card
 Hasanah Card Lyfe                                                                                                                   Triwulan I -2025
                                  display, activation, PIN requests, and a dashboard for viewing limits, outstanding balances,
                                  remaining limits, and other information.

                                  The BSI Cicil Emas (gold installment) product will continue operating under its existing
                                  transaction mechanism. The buyback feature allows customers to resell their gold as
 BSI Gold Installment Buyback     an after-sales service. The gold is purchased by a bank partner, with BSI acting as an
                                                                                                                                    Triwulan I - 2025
 Feature                          intermediary between the customer (gold seller) and the partner (gold buyer). The purchased
                                  gold is temporarily stored at BSI until the partner retrieves it (maximum 7 working days). All
                                  costs incurred from the buyback transaction are the responsibility of the partner.




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   New Product Plan for                                                                                                           Target Realization
                                                                        Description
          2025                                                                                                                          2025

                                The Cash Waqf Linked Deposit (CWLD) is a basic deposit product where the principal
                                amount serves as a temporary waqf, and the deposit yield is used for social projects
                                determined for each issuance series. CWLD Financing is an advanced development of
 Cash Wakaf Link Deposit
                                CWLD, allowing social projects to be realized earlier without waiting for the full distribution    Triwulan I - 2025
 (CWLD) Financing
                                of deposit returns. The funds for social programs come from financing, with installments
                                covered by monthly deposit returns. This model enables earlier project realization while
                                offering depositors more attractive returns than the basic CWLD product.

                                The BSI Investment Account (SRIA) is a product designed to optimize investment functions
 BSI Investment Account
                                in Islamic banking by collecting funds from investors and channeling them to customers,            Triwulan I - 2025
 (SRIA)
                                instruments, or portfolios on balance sheet using a mudharabah muqayyadah contract.

                                The murabahah commodity contract is a transaction where the purchase price and profit
 BSI Overseas Murabahah
                                margin are clearly stated. This scheme is used for financing, fund placement, and sukuk            Triwulan I - 2025
 Commodity KCLN
                                issuance, specifically supporting activities of Foreign Branch Offices.

                                End-to-end Trade Finance Solutions platform and Document Pre-Checking Automation using
 New Trade Finance                                                                                                                 Triwulan IV-2025
                                Smart AI.

                                The Global Transaction Sharia (GTS)/BEWIZE is a digital platform developed by the BSI
 Global Transaction Sharia/     team to support wholesale banking initiatives. It integrates all banking subsystems using a
                                                                                                                                   Triwulan I - 2025
 BEWIZE                         single sign-on (SSO) for seamless access to cash management, value chain, trade finance,
                                and other banking services.

                                BSI Daily Kafalah is a facility provided by the Bank to customers under a line facility
 BSI Daily Kafalah              agreement, allowing financing for guarantees and working capital using the kafalah bil ujrah       Triwulan I - 2025
                                and/or musyarakah contracts.

 Sukuk Tapera Phase III         A sukuk issued in phases without a public offering, with BP Tapera as the sole investor.           Triwulan I - 2025

 Gold Financing Limit           Enhancement of the gold-backed financing feature, increasing the financing limit from
                                                                                                                                   Triwulan I - 2025
 Enhancement                    IDR150 million to a maximum of IDR500 million per customer.

                                A digital platform designed to help customers find BSI consumer loan products, apply for
 Landing Page Consumer          financing, calculate installment simulations, and access promotional financing programs all        Triwulan I - 2025
                                in one place.

                                A one-stop solution for booking Umrah packages via BSI Byond, enabling customers
 Umrah Package Purchase         to choose packages, register pilgrims, and make payments either in full or with a down             Triwulan I - 2025
                                payment followed by installments.

                                A contactless payment feature allowing cardholders to complete transactions by tapping
 BSI Debit Visa Contactless                                                                                                        Triwulan III - 2025
                                their card on an EDC machine, without the need for swiping or inserting the card.

 Mutual Fund Transactions via   Online transactions for mutual funds, including account opening, subscription, redemption,
                                                                                                                                   Triwulan II - 2025
 BYOND by BSI                   and switching.

 Expansion of Mutual Fund       Expansion of Sharia-compliant mutual fund products available at BSI, providing more
                                                                                                                                   Triwulan IV-2025
 Products via BSI               investment diversification options for customers.

 BSI Multi-Currency Savings     Addition of five new currencies (SGD, SAR, AUD, JPY, EUR) to the BSI Wadiah Multi-
                                                                                                                                   Triwulan I - 2025
 Account                        Currency Savings product, enabling multi-currency transactions and account openings.

                                A platform supporting Islamic and halal lifestyle transactions via BSI Byond, allowing
                                customers to purchase event tickets, transportation, Umrah packages, gaming vouchers,
 BYOND Market Place             and other lifestyle products.                                                                      Triwulan I - 2025
                                Customers can purchase event tickets, transportation tickets, Umrah travel packages, game
                                vouchers, and various lifestyle transactions seamlessly through the Byond Lyfe page.




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   New Product Plan for                                                                                                          Target Realization
                                                                        Description
          2025                                                                                                                         2025

                                 1.    The digitalization of financing products is one of the strategies to enhance industry
                                       competitiveness, including property ownership financing applications through digital
                                       platforms.
                                 2.    Griya Online Application is a feature that allows customers to apply for new home
                                       purchases, pre-owned home purchases, refinancing, takeovers, top-ups, and combined
 Digital Griya Loan                                                                                                               Triwulan I - 2025
                                       takeovers & top-ups via BYOND by BSI. It is part of the surrounding products within
                                       Project Medina.
                                 3.    In its implementation, two types of Griya financing methods will be available through
                                       BYOND by BSI: Sales Assignment, where applications are assisted by the Marketing
                                       team, and Self-Service, where customers submit their applications independently.

                                 The Islamic Structured Account (ISRA) is a Sharia-compliant deposit account (savings
 Islamic Structured Account
                                 and giro) based on the Mudharabah Muqayyadah contract, where deposited funds are                 Triwulan I - 2025
 (ISRA)
                                 exclusively used for Treasury foreign exchange transactions.

                                 The development of the MMQ contract for PPR Indent financing is an initiative by the Bank
                                 to improve the existing contract used in the PPR Indent product. Previously, the financing
 New MMQ Scheme for
                                 was based on a murabahah contract for land and construction materials. To ensure better          Triwulan I - 2025
 Indent Griya Loans
                                 alignment with Sharia principles, the Bank is enhancing the PPR Indent financing contract
                                 by implementing the MMQ contract for its distribution.

 Financial Institution Bank to   Interbank fund mobilization and distribution using the wakalah (agency) contract through
                                                                                                                                  Triwulan II- 2025
 Bank Wakalah Facility           a commodity exchange.

                                 A secure gold storage service, where the Bank provides a dedicated gold vault for
 Gold Custody Service                                                                                                              Triwulan I-2025
                                 safekeeping customers' physical gold.

                                 Bullion business operations, including physical gold and precious metals trading that meet
 Gold Trading                    SNI (Indonesian National Standard) and/or LBMA (London Bullion Market Association)                Triwulan I-2025
                                 international standards.



Targets/Projections for Human Resource Development

The projections for human capital development in 2025 are as follows.


Table of Targets/Projections for Human Resouce Development 2025

                                      Description                                                             Projection 2025

                                          (1)                                                                         (2)

 HR Development Expenses (IDR)                                                                                 145,000,000,000


The projected HR development expenses for 2025 are estimated                    tax, must be allocated to the mandatory reserve fund until it
to reach IDR145.00 billion, representing an increase of 2.41%                   reaches at least 20% of the bank's paid-up capital. However,
from the actual HR development expenses in 2024. BSI continues                  there is no specific timeframe for achieving the required reserve
to invest in the quality and capability of its human resources to               fund level.
support the achievement of its long-term goals.
                                                                                The remaining portion of the net profit (after mandatory reserve
                                                                                allocation) may be distributed to shareholders as a final dividend,
Dividend Policy, Announcement, and                                              unless otherwise decided by the AGMS. The bank may also
Payment                                                                         distribute a special dividend on an ad-hoc basis with approval
                                                                                from the GMS. The allocation of net profit for the 2023 fiscal
Bank Syariah Indonesia may announce dividends annually (in                      year was based on the AGMS held on May 17, 2024, while the
Rupiah) if it has a positive retained earnings balance. A portion               allocation for the 2022 fiscal year was decided in the AGMS on
of the bank’s net profit, as determined by the Annual General                   May 22, 2023. The net profit allocation for BSI’s 2024 fiscal year
Meeting of Shareholders (AGMS) and after deducting corporate                    will be determined in the AGMS in 2025.




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Dividend announcement and payment details are outlined in the table below.


Table of Dividend Announcement and Payment Fiscal Year 2023

                                     Description                                          Fiscal Year 2023                      Fiscal Year 2022

 Net Income                                                                               5,703,743,109,251                     4,260,181,677,875

 Cash Dividend                                                                               855,561,466,388                      426,018,167,788

 Non-Cash Dividend                                                                                             -                                     -

 Cash Dividend Per Share                                                                          18,5470451                                 9,23531

 Non-Cash Dividend Per Share                                                                                   -                                     -

 Dividend Payout Ratio (%)                                                                                 15%                                   10%

 Announcement Date                                                                               17 Mei 2024                            22 Mei 2023

 Cash Dividend Payment Date                                                                      20 Juni 2024                          23 Juni 2023

 Non-Cash Dividend Payment Date                                                                                -                                     -




Realization of Fund Utilization from Public Offering

In accordance with OJK Regulaion Number 30/POJK.04/2015 concerning the Report on the Realization of Fund Utilization from Public
Offering, BSI has reported the Realization of Fund Utilization from Public Offering as follows.


Table of Realization of Fund Utilization from Public Offering

                                            Realized Value of Public Offering Proceeds                          Planned Fund Utilization
           Type of
                         Effective
 No.        Public                      Total Public
                           Date                          Public Offering
           Offering                      Offering                             Net Proceeds                              Description
                                                             Costs
                                         Proceeds

                                                                                                All funds raised from this public offering, after deducting
                                                                                                related issuance costs, will be used by the company for new
                                                                                                financing distribution or existing financing, either directly
                                                                                                or indirectly, for activities categorized as Environmental
                                                                                                Business Activities (KUBL) and Social Business Activities
                                                                                                (KUBS) as regulated in POJK No. 18 of 2023 concerning
                                                                                                the issuance and requirements of sustainability-based
                                                                                                debt securities and sukuk. Fund utilization for existing
                                                                                                financing distribution in the KUBL and KUBS categories
        Sustainable
                                                                                                includes
        Mudharabah
        Sukuk Public                                                                            1. KUBL Category is allocated at a minimum of 30% and
        Offering                                                                                a maximum of 50%. The largest portion of this category,
                         June 14,
  1     Based on                     3,000,000,000,000    9,480,000,000     2,990,520,000,000   at least 50%, will be allocated to: (1) Renewable energy,
                          2024
        Sustainability                                                                          (2) Products that reduce resource usage and generate
        I Bank BSI                                                                              less pollution, and (3) Sustainable water and wastewater
        Phase I Year                                                                            management, with the remainder distributed among seven
        2024                                                                                    other KUBL categories.

                                                                                                2. KUBS Category is allocated at a minimum of 50% and a
                                                                                                maximum of 70%. The largest portion of this category, at
                                                                                                least 50%, will be allocated to: (1) Job creation and programs
                                                                                                designed to prevent and/or reduce unemployment,
                                                                                                including financing for SMEs and microfinance, (2)
                                                                                                Enhancing socio-economic empowerment, and (3)
                                                                                                Providing access to essential services, with the remainder
                                                                                                allocated to three other KUBS categories.

Total                                3,000,000,000,000    9,480,000,000     2,990,520,000,000




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                                                                Realized Fund Utilization
                                                                                                                                      Remaining Public
                                                                                                                                      Offering Proceeds
     Total                                                Description                                                  Total




                    All funds raised from this public offering, after deducting related issuance costs, will be
                    used by the company for new financing distribution or existing financing, either directly
                    or indirectly, for activities categorized as Environmental Business Activities (KUBL)
                                                                                                                                              -
                    and Social Business Activities (KUBS) as regulated in POJK No. 18 of 2023 concerning
                    the issuance and requirements of sustainability-based debt securities and sukuk. Fund
                    utilization for existing financing distribution in the KUBL and KUBS categories includes:




                    1. KUBL Category is allocated at a minimum of 30% and a maximum of 50%. The largest
                    portion of this category, at least 50%, will be allocated to: (1) Renewable energy, (2)
1,226,113,200,000   Products that reduce resource usage and generate less pollution, and (3) Sustainable          1,226,113,200,000           -
                    water and wastewater management, with the remainder distributed among seven other
                    KUBL categories.




                    2. KUBS Category is allocated at a minimum of 50% and a maximum of 70%. The largest
                    portion of this category, at least 50%, will be allocated to: (1) Job creation and programs
1,764,406,800,000   designed to prevent and/or reduce unemployment, including financing for SMEs and              1,764,406,800,000           -
                    microfinance, (2) Enhancing socio-economic empowerment, and (3) Providing access to
                    essential services, with the remainder allocated to three other KUBS categories.



2,990,520,000,000                                                                                                 2,990,520,000,000           -




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MANAGEMENT DISCUSSION
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Table of Cost Breakdown of the Sustainable Mudharabah Sukuk Public Offering I Bank BSI Phase I Year 2024

 No                                        Description                                         Total Cost                   Percentage

  1      Fees for Securities Issuance Guarantee                                                2,970,000,000                      0.099%

           Management Fee                                                                      2,070,000,000                      0.069%

           Underwriting Fee                                                                      450,000,000                      0.015%

           Selling Fee                                                                           450,000,000                      0.015%

  2      Capital Market Supporting Professional Fees                                           3,840,000,000                      0.128%

         Public Accountant Service Fee                                                         3,150,000,000                      0.105%

         Legal Consultant Service Fee                                                            630,000,000                      0.021%

         Notary Fee                                                                               60,000,000                      0.002%

  3      Capital Market Supporting Institution Fee                                             1,140,000,000                      0.038%

         Credit Rating Agency                                                                    900,000,000                      0.030%

         Trustee                                                                                 240,000,000                      0.008%

         Other Costs (Registration Statement Fee for OJK, KSEI, IDX listing fee, as
  4      well as printing, advertising, event organizer, environmental expert, and          1,530,000,000.00                      0.051%
         public accountant audit for allocation verification)

         Total Public Offering Costs                                                        9,480,000,000.00                      0.316%



Material Information on Investment, Expansion, Divestment, Merger/Consolidation,
Acquisition, and Debt/Capital Restructuring

Investment

BSI had investments in securities in 2024 and 2023 issued by both the government and corporations. The details of investments in
marketable securities as of December 31, 2024, and 2023 are as follows.


Table of Investments in Marketable Securities                                                                                       (in IDR millions)



                                                                                2024                                       2023
                     Transaction Object
                                                               Nominal Value          Carrying Amount       Nominal Value    Carrying Amount

 Fair Value through Profit or Loss

 IDR

 Sovereign Sharia Securities (SBSN)                                2,320,383              2,300,433            1,835,552          1,847,602

 Sharia State Treasury Letters (SPNS)                              2,006,619              1,962,324             895,000            878,000

 Sukuk Bank Indonesia                                              2,000,000              2,028,369            1,724,704          1,724,704

 Mutual Fund                                                                -                     -             400,000            405,089

 Sharia Asset-Backed Securities - Participation Certificate
                                                                      27,301                29,476               27,301             31,787
 (EBAS-SP)

   Total                                                           6,354,303              6,320,602            4,882,557          4,887,182

 FOREIGN CURRENCY

 Sovereign Sharia Securities (SBSN)                                   46,466                46,181                6,728               6,702

 Total Fair Value through Profit or Loss                           6,400,769             6,366,783             4,889,285          4,893,884




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                                                                            2024                                      2023
                   Transaction Object
                                                            Nominal Value     Carrying Amount        Nominal Value       Carrying Amount

 Fair Value through Other Comprehensive Income

 IDR

 Sovereign Sharia Security (SBSN)                            10,455,701            10,251,000            7,119,539            7,087,426

 Sukuk Bank Indonesia                                        11,148,698            11,148,698           20,693,578           20,744,693

 Mutual Funds                                                 2,500,000             2,543,914            1,200,000            1,219,721

 Corporate Sukuk                                                      -                     -             120,000               120,890

   Total                                                     24,140,399            23,979,612           29,133,117           29,172,730

 FOREIGN CURRENCY

 Sukuk Bank Indonesia                                         8,127,975             8,127,975            1,539,700            1,544,442

 Sovereign Sharia Securities (SBSN)                             273,615              261,066                      -                      -

   Total                                                      8,401,590             8,389,041            1,539,700            1,544,442

 Total Fair Value through Other Comprehensive Income         32,541,989            32,368,653           30,672,817           30,717,172

 Amortized Cost

 IDR

 Sovereign Sharia Security (SBSN)                            22,078,936            22,127,374           33,952,697           34,092,672

 Corporate Sukuk                                                638,800              638,800               947,800              947,800

 Export Bills                                                   309,746              309,746               200,858              200,858

   Total                                                     23,027,482            23,075,920           35,101,355           35,241,330

 FOREIGN CURRENCY

 Sovereign Sharia Securities (SBSN)                             431,346              433,580               443,434              449,140

 Export Bills                                                     6,870                 6,870                     -                      -

   Total                                                        438,216              440,450               443,434              449,140

 Total Amortized Cost                                        23,465,698            23,516,370           35,544,789           35,690,470

 Total Investment in Marketable Securities                                         62,251,808                                71,301,526

 Allowance for Impairment Losses                                                     (35,288)                                  (132,506)

 Net                                                                               62,216,518                                71,169,020



Expansion                                                                 Acquisition

In 2024, BSI did not carry out any expansion activities.                  In 2024, BSI did not carry out any acquisition activities.


Divestment                                                                Debt/Capital Restructuring

In 2024, BSI did not carry out any divestment activities.                 In 2024, BSI did not conduct any debt or capital restructuring
                                                                          activities.
Merger/Consolidation

In 2024, BSI did not conduct any mergers or business
consolidations.




                                                                                                         PT Bank Syariah Indonesia Tbk
                                                                                                                  2024 Annual Report
                                                                                                                                             257
Page 260
MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




Material Transactions Involving Conflicts of Interest and/or Transactions With Affiliated
Parties

Based on OJK Regulation No. 17/POJK.04/2020 on Material Transactions and Changes in Business Activities, a Material Transaction
refers to any transaction conducted by a public company or its controlled entity that meets the transaction value threshold of 20% or
more of the public company’s equity.


Conflict of Interest Transactions                                     Affiliated Transactions as Business Activities
                                                                      Conducted to Generate Operating Revenue
In accordance with on OJK Regulation No. 42/POJK.04/2020              and Carried Out Routinely, Repeatedly, and/or
on Affiliated Transactions and Conflict of Interest Transactions,     Continuously
a conflict of interest arises when there is a discrepancy
between the economic interests of a public company and                Based on Articles 8 and 9 of OJK Regulation 42/2020, some
the personal economic interests of its Board of Directors,            affiliated transactions are part of business activities that generate
Board of Commissioners, Major Shareholders, or Controlling            operating revenue. These transactions are conducted routinely,
Shareholders, which could be detrimental to the public company.       repeatedly, and continuously. They are reported in the related
                                                                      party transactions section. BSI has recorded these transactions,
In 2024, there were no transactions involving conflicts of            and they are documented in Note 44 of the Financial Statements.
interest.
                                                                      Fairness of Transactions and Compliance With
Affiliated Transactions                                               Applicable Regulations

Based on OJK Regulation No. 42/POJK.04/2020 on Affiliated             The transactions conducted by BSI comply with OJK Regulation
Transactions and Conflict of Interest Transactions, an Affiliate is   42/2020 on Affiliated Transactions and Conflict of Interest
defined as:                                                           Transactions. The transactions follow common business practices
a. A family relationship by marriage or blood up to the second        and adhere to the arm’s length principle. All transactions are
    degree, both horizontally and vertically;                         based on BSI’s business needs and are free from conflicts of
b. A relationship between a party and its employees, directors,       interest. In 2024, there were no affiliated or related party
    or commissioners;                                                 transactions that required shareholder approval (GMS).
c. A relationship between two companies where one or
    more members of their Board of Directors or Board of              Statement From the Board of Directors Regarding
    Commissioners are the same;                                       Affiliated Transactions
d. A relationship where a company and another party directly
    or indirectly control or are controlled by each other;            BSI has established procedures for transactions, especially those
e. A relationship between two companies controlled by the             involving affiliated and related parties. These procedures follow
    same party, either directly or indirectly; or                     regulatory requirements. The Board of Directors is involved in
f. A relationship between a company and its Major Shareholder.        reviewing plans, execution, and evaluation of transactions. Based
                                                                      on this review, the Board believes all related party transactions
Furthermore, an Affiliated Transaction refers to any activity and/    follow proper procedures. They align with standard business
or transaction conducted by a public company or its controlled        practices and comply with applicable laws and regulations (arm’s
entity with an Affiliate of the public company or an Affiliate of     length principle).
a Member of the Board of Directors, Board of Commissioners,
Major Shareholders, or Controlling Shareholders. This also
includes any activity and/or transaction carried out by the public
company or its controlled entity for the benefit of an Affiliate
of the public company or an Affiliate of a Member of the Board
of Directors, Board of Commissioners, Major Shareholders, or
Controlling Shareholders.




     PT Bank Syariah Indonesia Tbk
258 2024 Annual Report
Page 261
Role of the Board of Commissioners and Audit                            (4) A party that is a member of the Bank’s key management
Committee in Affiliated Transactions                                        personnel;
                                                                        (5) A party that is a close family member of an individual
One of the key responsibilities of the Audit Committee is                   described in item (1) or (4);
to monitor the follow-up actions on audit findings to assess            (6) A party that is an entity controlled, jointly controlled, or
the adequacy of the internal control system, including the                  significantly influenced by or for a party with significant
adequacy of the financial reporting process. In addition, the               voting rights in multiple entities, either directly or indirectly,
Audit Committee conducts a review of financial information that             as described in item (4) or (5); and
the Bank intends to release to the public or other stakeholders         (7) A party that is a post-employment benefit plan for employee
and examines compliance with applicable laws and regulations.               benefits of the Bank or an entity related to the Bank.
Therefore, transactions with affiliated and/or related parties are
included in the Audit Committee’s review and monitoring. As a           Names of Parties and Nature of Related Party
body under the Board of Commissioners, the Audit Committee              Transactions
submits its performance reports to the Board of Commissioners,
which carries out the supervisory function over the Bank’s              Below are the names of the parties and the nature of their
business operations. Therefore, the role of the Audit Committee         transactions with related parties.
and the Board of Commissioners is crucial in ensuring that
all transactions conducted by the Bank align with applicable            Related Party as Major Shareholder
regulations and adhere to standard business practices (arm’s
length principle).                                                      Government of the Republic of Indonesia through the Ministry
                                                                        of Finance
Related Party Transactions
                                                                        Related Party as Controlling Shareholder
The Bank conducts transactions with related parties as defined
in PSAK 224 on "Related Party Disclosures" and Regulation No.           PT Bank Mandiri (Persero) Tbk
VIII.G.7 on "Presentation and Disclosure of Financial Statements
of Issuers or Public Companies.".                                       Related Party as Shareholders
(1) Directly or indirectly, through one or more intermediaries, a
     party that (i) Controls, is controlled by, or is under common      PT Bank Rakyat Indonesia (Persero) Tbk
     control with the Bank; (ii) Has an interest in the Bank that       PT Bank Negara Indonesia (Persero) Tbk
     provides significant influence over the Bank; or (iii) Has joint   PT BRI Danareksa Sekuritas
     control over the Bank.                                             PT BNI Life Insurance
(2) A party that is part of the same business group as the Bank;        PT Mandiri Sekuritas
(3) A party that is a joint venture where the Bank is a venturer.;      AirNav Indonesia



Government Entities and Institutions

BPJS Kesehatan                                   Perum Perumnas                                 PT Aerojasa Cargo
BPJS Ketenagakerjaan                             Perum Peruri                                   PT Agro Medika Nusantara
Dana Pensiun Bank Mandiri                        Perusahaan Penerbit SBSN Indonesia             PT Agro Sinergi Nusantara
Lembaga Pembiayaan Ekspor Indonesia              PT Adhi Commuter Properti Tbk                  PT Alur Pelayaran Barat Surabaya
Perum BULOG                                      PT Adhi Jalintim Riau                          PT Amarta Karya (Persero)
Perum DAMRI                                      PT Adhi Karya (Persero) Tbk                    PT Aneka Tambang Tbk
Perum Jasa Tirta I                               PT Adhi Persada Beton                          PT Angkasa Pura I
Perum Jasa Tirta II                              PT Adhi Persada Gedung                         PT Angkasa Pura II
Perum Percetakan Negara Republik                 PT Adhi Persada Properti                       PT Angkasa Pura Hotel
Indonesia                                        PT Aero Globe Indonesia                        PT Angkasa Pura Kargo
Perum Perhutani                                  PT Aerofood Indonesia                          PT Angkasa Pura Logistik




                                                                                                        PT Bank Syariah Indonesia Tbk
                                                                                                                 2024 Annual Report
                                                                                                                                        259
Page 262
MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




PT Angkasa Pura Properti                  PT Cut Meutia Medika Nusantara             PT IPC Terminal Petikemas
PT Angkasa Pura Retail                    PT Danareksa (Persero)                     PT Jakarta Industrial Estate Pulogadung
PT Angkasa Pura Sarana Digital            PT Danareksa Finance                       PT Jalin Pembayaran Nusantara
PT Angkasa Pura Solusi                    PT Danareksa Investment Management         PT Jalintim Adhi Abipraya
PT Angkasa Pura Solusi Integra            PT Dayamitra Telekomunikasi Tbk            PT Jaminan Kredit Indonesia
PT Angkasa Pura Supports                  PT Dirgantara Indonesia (Persero)          PT Jaminan Pembiayaan Askrindo Syariah
PT Antam Resourcindo                      PT Djakarta Lloyd (Persero)                PT Jasa Armada Indonesia Tbk
PT ASABRI (Persero)                       PT Dok dan Perkapalan Air Kantung          PT Jasa Marga (Persero) Tbk
PT ASDP Indonesia Ferry (Persero)         PT Dok dan Perkapalan Kodja Bahari         PT Jasa Prima Logistik Bulog
PT Asuransi Asei Indonesia                (Persero)                                  PT Jasa Raharja
PT Asuransi BRI Life                      PT Elnusa Petrofin                         PT Jasa Tirta Energi
PT Asuransi Jasa Indonesia                PT Elnusa Tbk                              PT Jasa Tirta Luhur
PT Asuransi Jasa Indonesia Syariah        PT Emas Antam Indonesia                    PT Jasamarga Balikpapan Samarinda
PT Asuransi Jasa Raharja (Persero)        PT Energi Agro Nusantara                   PT Jasamarga Gempol Pasuruan
PT Asuransi Jiwa IFG                      PT Energi Pelabuhan Indonesia              PT Jasamarga Jalanlayang Cikampek
PT Asuransi Jiwa Inhealth Indonesia       PT Energy Management Indonesia             PT Jasamarga Jogja Solo
PT Asuransi Jiwa Taspen                   (Persero)                                  PT Jasamarga Kualanamu Tol
PT Asuransi Jiwasraya (Persero)           PT Equiport Inti Indonesia                 PT Jasamarga Kunciran Cengkareng
PT Asuransi Kredit Indonesia (Persero)    PT Estika Daya Mandiri                     PT Jasamarga Manado Bitung
PT Asuransi Tugu Pratama Indonesia Tbk    PT Finnet Indonesia                        PT Jasamarga Ngawi Kertosono Kediri
PT Aviasi Pariwisata Indonesia            PT Fintek Karya Nusantara                  PT Jasamarga Pandaan Malang
PT AXA Mandiri Financial Services         PT Gag Nikel                               PT Jasamarga Related Business
PT Bahana Artha Ventura                   PT Gapura Angkasa                          PT Jasamarga Solo Ngawi
PT Bahana Pembinaan Usaha Indonesia       PT Garuda Indonesia (Persero) Tbk          PT Jasamarga Surabaya Mojokerto
PT Bahana Sekuritas                       PT Garuda Maintenance Facility Aero Asia   PT Jasamarga Tollroad Maintenance
PT Bahana TCW Investment Management       Tbk                                        PT Jasamarga Tollroad Operator
PT Bakti Timah Medika                     PT Graha Investama Bersama                 PT Jasamarga Transjawa Tol
PT Balai Pustaka                          PT Graha Niaga Tata Utama                  PT Jasaraharja Putera
PT Bank Mandiri Taspen                    PT Graha Sarana Duta                       PT Jembatan Nusantara
PT Bank Tabungan Negara (Persero) Tbk     PT Griyaton Indonesia                      PT KA Properti Manajemen
PT Barata Indonesia (Persero)             PT Hakaaston                               PT Kalimantan Jawa Gas
PT Baturaja Multi Usaha                   PT Haleyora Powerindo                      PT Kaltim Adhiguna Dermaga
PT Berdikari                              PT HK Realtindo                            PT Kaltim Daya Mandiri
PT Berdikari Logistik Indonesia           PT Hutama Karya (Persero)                  PT Kaltim Industrial Estate
PT Berkah Industri Mesin Angkat           PT Hutama Karya Infrastruktur              PT Kawasan Berikat Nusantara (Persero)
PT Berlian Jasa Terminal Indonesia        PT Indofarma Global Medika                 PT Kawasan Industri Gresik
PT Berlian Manyar Sejahtera               PT Indonesia Asahan Aluminium (Persero)    PT Kawasan Industri Makassar
PT Bhanda Ghara Reksa (Persero)           PT Indonesia Chemical Alumina              PT Kawasan Industri Nusantara
PT Bina Karya (Persero)                   PT Indonesia Coal Resources                PT Kawasan Industri Terpadu Batang
PT Bio Farma (Persero)                    PT Indonesia Comnets Plus                  PT Kawasan Industri Wijayakusuma
PT Biro Klasifikasi Indonesia (Persero)   PT Indonesia Kendaraan Terminal Tbk        (Persero)
PT BNI Asset Management                   PT Indonesia Power                         PT KBN Graha Medika
PT BNI Sekuritas                          PT Indopelita Aircraft Services            PT KBN Prima Logistik
PT Borneo Alumina Indonesia               PT Indra Karya (Persero)                   PT Kereta Api Indonesia (Persero)
PT Brantas Abipraya (Persero)             PT Industri Kapal Indonesia (Persero)      PT Kereta Api Logistik
PT BRI Asuransi Indonesia                 PT Industri Karet Nusantara                PT Kereta Api Pariwisata
PT Bukit Asam Medika                      PT Industri Kemasan Semen Gresik           PT Kereta Commuter Indonesia
PT Bukit Asam Tbk                         PT Industri Kereta Api (Persero)           PT Kharisma Pemasaran Bersama
PT Bukit Energi Investama                 PT Infomedia Nusantara                     Nusantara
PT Bukit Multi Properti                   PT Infomedia Solusi Humanika               PT Kilang Pertamina Balikpapan
PT Bukit Prima Bahari                     PT Inhutani I                              PT Kimia Farma Apotek
PT Bumi Daya Plaza                        PT Inhutani IV                             PT Kimia Farma Diagnostika
PT Bumi Sawindo Permai                    PT Inka Multi Solusi                       PT Kimia Farma Tbk
PT Cinere Serpong Jaya                    PT Inka Multi Solusi Service               PT Kimia Farma Trading & Distribution
PT Citilink Indonesia                     PT Inka Multi Solusi Trading               PT Kliring Berjangka Indonesia
PT Citra Lautan Teduh                     PT Inti Konten Indonesia                   PT Kodja Terramarin




     PT Bank Syariah Indonesia Tbk
260 2024 Annual Report
Page 263
PT Krakatau Bandar Samudera              PT Pelabuhan Indonesia I (Persero)          PT Pertamina Patra Niaga
PT Krakatau Daya Listrik                 PT Pelabuhan Indonesia II (Persero)         PT Pertamina Pedeve Indonesia
PT Krakatau Global Trading               PT Pelabuhan Indonesia IV (Persero)         PT Pertamina Power Indonesia
PT Krakatau Industrial Estate Cilegon    PT Pelabuhan Indonesia Investama            PT Pertamina Retail
PT Krakatau Information Technology       PT Pelabuhan Tanjung Priok                  PT Pertamina Training & Consulting
PT Krakatau Jasa Industri                PT Pelayanan Energi Batam                   PT Pertamina Trans Kontinental
PT Krakatau Jasa Logistik                PT Pelayaran Bahtera Adhiguna               PT Pertani (Persero)
PT Krakatau Samudera                     PT Pelayaran Nasional Indonesia (Persero)   PT Peruri Digital Security
PT Krakatau Medika                       PT Pelindo Daya Sejahtera                   PT Peruri Properti
PT Krakatau National Resources           PT Pelindo Husada Citra                     PT Perusahaan Gas Negara Tbk
PT Krakatau Perbengkelan dan Perawatan   PT Pelindo Jasa Maritim                     PT Perusahaan Listrik Negara (Persero)
PT Krakatau Pipe Industries              PT Pelindo Marine Service                   PT Perusahaan Pengelola Aset (Persero)
PT Krakatau Samudera Solusi              PT Pelindo Multi Terminal                   PT Perusahaan Perdagangan Indonesia
PT Krakatau Sarana Infrastruktur         PT Pelindo Properti Indonesia               PT Pesonna Indonesia Jaya
PT Krakatau Sarana Properti              PT Pelindo Solusi Logistik                  PT Pesonna Optima Jasa
PT Krakatau Steel (Persero) Tbk          PT Pelindo Terminal Petikemas               PT Peteka Karya Tirta
PT Krakatau Tirta Industri               PT Pelita Air Service                       PT Petrosida Gresik
PT Krakatau Tirta Operasi dan            PT Pemalang Batang Tol Road                 PT PG Rajawali II
Pemeliharaan                             PT Pengembang Pelabuhan Indonesia           PT PGAS Telekomunikasi Nusantara
PT Krakatau Wajatama                     PT Pengerukan Indonesia                     PT Phapros Tbk
PT Krida Upaya Tunggal                   PT Pengusahaan Daerah Industri Pulau        PT PIM Prima Medika
PT Laras Astra Kartika                   Batam (Persero)                             PT Pindad (Persero)
PT Len Industri (Persero)                PT Penjaminan Infrastruktur Indonesia       PT Pindad Enjiniring Indonesia
PT Mandiri Capital Indonesia             (Persero)                                   PT Pindad International Logistic
PT Mandiri Manajemen Investasi           PT Penjaminan Jamkrindo Syariah             PT Pindad Medika Utama
PT Mandiri Tunas Finance                 PT Perikanan Nusantara (Persero)            PT PLN Energi Primer Indonesia
PT Mandiri Utama Finance                 PT Perkebunan Nusantara I                   PT PLN Nusantara Power
PT Mega Eltra                            PT Perkebunan Nusantara II                  PT PLN Nusantara Renewables
PT Metra Digital Media                   PT Perkebunan Nusantara III (Persero)       PT PNM Investment Management
PT Mitra Rakata                          PT Perkebunan Nusantara IV                  PT PNM Ventura Syariah
PT Mitra Tours & Travel                  PT Perkebunan Nusantara VI                  PT PNM Venture Capital
PT Mitra Transaksi Indonesia             PT Perkebunan Nusantara VII                 PT Pos Indonesia (Persero)
PT Mitra Utama Madani                    PT Perkebunan Nusantara VIII                PT Pos Logistik Indonesia
PT Mulia Sasmita Bhakti                  PT Perkebunan Nusantara X                   PT Pos Properti Indonesia
PT Multi Sentana Baja                    PT Perkebunan Nusantara XII                 PT PP (Persero) Tbk
PT Multi Terminal Indonesia              PT Perkebunan Nusantara XIII                PT PP Infrastruktur
PT Nindya Beton                          PT Perkebunan Nusantara XIV                 PT PP Presisi Tbk
PT Nindya Karya (Persero)                PT Permata Graha Nusantara                  PT PP Properti Tbk
PT Nusa Karya Arindo                     PT Permodalan Nasional Madani               PT PP Semarang Demak
PT Nusa Pratama Property                 (Persero)                                   PT PP Sinergi Banjaratma
PT Nusantara Medika Utama                PT Perta Arun Gas                           PT PP Tirta Riau
PT Nusantara Regas                       PT Pertagas Niaga                           PT PP Urban
PT Nusantara Sebelas Medika              PT Pertamina (Persero)                      PT Pratama Mitra Sejati
PT Nusantara Terminal Services           PT Pertamina Bina Medika IHC                PT Prima Armada Raya
PT Nusantara Turbin Dan Propulsi         PT Pertamina Drilling Services Indonesia    PT Prima Husada Cipta Medan
PT Paguntaka Cahaya Nusantara            PT Pertamina EP                             PT Prima Indonesia Logistik
PT PAL Indonesia (Persero)               PT Pertamina Gas                            PT Prima Layanan Nasional Enjiniring
PT PAL Marine Services                   PT Pertamina Hulu Indonesia                 PT Prima Medica Nusantara
PT PANN Pembiayaan Maritim               PT Pertamina Hulu Kalimantan Timur          PT Prima Multi Terminal
PT Patra Drilling Contractor             PT Pertamina Hulu Mahakam                   PT Produksi Film Negara (Persero)
PT Patra Logistik                        PT Pertamina Hulu Rokan                     PT Pupuk Indonesia (Persero)
PT Patra Nusa Data                       PT Pertamina International Shipping         PT Pupuk Indonesia Niaga
PT Patra Trading                         PT Pertamina Lubricants                     PT Pupuk Iskandar Muda
PT Pegadaian                             PT Pertamina Maintenance and                PT Pupuk Kalimantan Timur
PT Pelabuhan Bukit Prima                 Construction                                PT Pupuk Kujang Cikampek
PT Pelabuhan Indonesia (Persero)         PT Pertamina Marine Solutions               PT Pupuk Sriwidjaja




                                                                                            PT Bank Syariah Indonesia Tbk
                                                                                                     2024 Annual Report
                                                                                                                            261
Page 264
MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




PT Rajawali Citramass                              PT Senggigi Pratama Internasional             PT Terminal Teluk Lamong
PT Rajawali Nusantara Indonesia                    PT Sepatim Batamtama                          PT Timah Karya Persada Properti
(Persero)                                          PT Sigma Cipta Caraka                         PT Timah Tbk
PT Rajawali Nusindo                                PT Sigma Cipta Utama                          PT Tirta Tangsel Mandiri
PT Rajawali Tanjungsari Enjiniring                 PT Sigma Mitra Sejati                         PT Tracon Industri
PT Reasuransi Indonesia Utama (Persero)            PT Sinergi Colomadu                           PT Trans Jawa Paspro Jalan Tol
PT Reasuransi Nasional Indonesia                   PT Sinergi Gula Nusantara                     PT Tugu Pratama Interindo
PT Reasuransi Syariah Indonesia                    PT Sinergi Mitra Investama                    PT Tugu Reasuransi Indonesia
PT Rekayasa Engineering                            PT Sinkona Indonesia Lestari                  PT Tusam Hutani Lestari
PT Reska Multi Usaha                               PT Solusi Bangun Beton                        PT United Tractors Semen Gresik
PT Riset Perkebunan Nusantara                      PT Solusi Bangun Indonesia Tbk                PT Usaha Gedung Mandiri
PT Rolas Nusantara Medika                          PT Sri Pamela Medika Nusantara                PT Varia Usaha Bahari
PT Rumah Sakit Pelabuhan                           PT Sucofindo                                  PT Varia Usaha Beton
PT Rumah Sakit Pelni                               PT Sucofindo Advisory Utama                   PT Varia Usaha Dharma Segara
PT Sahung Brantas Energi                           PT Sucofindo Episi                            PT Varia Usaha Lintas Segara
PT Saka Energi Indonesia                           PT Sumberdaya Arindo                          PT Wahana Optima Permai
PT Sang Hyang Seri                                 PT Surabaya Industrial Estate Rungkut         PT Waskita Beton Precast Tbk
PT Sarana Aceh Ventura                             PT Surveyor Indonesia (Persero)               PT Waskita Karya (Persero) Tbk
PT Sarana Bandar Nasional                          PT Surya Energi Indotama                      PT Waskita Karya Infrastruktur
PT Sarana Jakarta Ventura                          PT Swadharma Sarana Informatika               PT Waskita Modern Realti
PT Sarana Jambi Ventura                            PT Taman Wisata Candi Borobudur,              PT Waskita Toll Road
PT Sarana Jatim Ventura                            Prambanan, & Ratu Boko                        PT Widya Tirta Selaras
PT Sarana Kalbar Ventura                           PT Tanjung Emas Daya Sejahtera                PT Wijaya Karya (Persero) Tbk
PT Sarana Kalteng Ventura                          PT Taspen (Persero)                           PT Wijaya Karya Bangunan Gedung Tbk
PT Sarana Kaltim Ventura                           PT Taspen Abadi Sentosa                       PT Wijaya Karya Beton Tbk
PT Sarana Multi Infrastruktur (Persero)            PT Telekomunikasi Selular                     PT Wijaya Karya Bitumen
PT Sarana Multigriya Finansial (Persero)           PT Telemedia Dinamika Sarana                  PT Wijaya Karya Industri dan Konstruksi
PT Sei Mangkei Nusantara Tiga                      PT Telkom Akses                               PT Wijaya Karya Komponen Beton
PT Semen Baturaja (Persero) Tbk                    PT Telkom Indonesia (Persero) Tbk             PT Wijaya Karya Pracetak Gedung
PT Semen Indonesia (Persero) Tbk                   PT Telkom Satelit Indonesia                   PT Wijaya Karya Realty
PT Semen Indonesia Beton                           PT Telkomsel Ekosistem Digital                PT Wijaya Karya Rekayasa Konstruksi
PT Semen Indonesia Logistik                        PT Telkomsel Mitra Inovasi                    PT Wijaya Karya Serang Panimbang
PT Semen Padang                                    PT Terminal Petikemas Surabaya                PT Yodya Karya




Control Over Company Activities

Key Employees


Realization of Transactions

The balances of transactions with related parties as of December 31, 2024, and 2023 are detailed in the following table.


Table of Realization of Transactions with Related Parties
                                                                                                                               (in IDR millions)


                                     Description                                             2024                       2023

 Assets

 Total assets from related parties                                                         67,538,852                 73,571,244

 Total assets                                                                          408,613,432                   353,624,124

 Percentage to total assets                                                                   16.53%                     20.80%




      PT Bank Syariah Indonesia Tbk
262 2024 Annual Report
Page 265
                                          Description                                            2024                           2023

 Liabilities

 Total liabilities from related parties                                                         4,131,869                      3,416,331

 Total liabilities                                                                           105,647,971                      87,222,911

 Percentage to total liabilities                                                                    3.91%                          3.92%

 Temporary Syirkah Funds

 Total temporary syirkah funds from related parties                                            58,737,626                     46,154,530

 Total temporary syirkah funds                                                               257,923,889                    227,662,092

 Percentage of total temporary syirkah funds from related parties to total temporary
                                                                                                  22.77%                         20.27%
 syirkah funds



The total salaries, allowances, bonuses, and tantiem, as well as long-term benefits for the Board of Commissioners and Board of Directors
for the year ended December 31, 2024, and 2023, amounted to IDR174.87 billion and IDR152.25 billion, respectively. This accounts for
1.48% and 1.49% of total operating expenses.


Reference for Disclosure in the Financial                                      Board of Directors believes that all transactions with related
Statements                                                                     parties have been conducted through adequate procedures, in
                                                                               alignment with common business practices, and in compliance
The details of related party transaction values are presented in               with applicable laws and regulations (arm’s length principle).
Note 44 of the Financial Statements, which is attached to this
Annual Report. These related party transactions are business                   Role of the Board of Commissioners and Audit
activities conducted to generate revenue and are carried out                   Committee in Related Party Transactions
routinely, repeatedly, and/or continuously.
                                                                               One of the key responsibilities of the Audit Committee is to
Fairness and Reason for Conducting Transactions                                monitor the follow-up actions on audit findings to assess the
                                                                               adequacy of the internal control system, including the financial
All transactions are conducted fairly in accordance with the arm’s             reporting process. Additionally, the Audit Committee reviews
length principle and comply with normal commercial terms and                   financial information that the Bank intends to release to the public
applicable laws and regulations. These transactions are based on               or other stakeholders. It also evaluates compliance with laws and
BSI's business needs and are free from conflicts of interest.                  regulations. As a result, transactions involving related parties are
                                                                               included in the Audit Committee’s review and monitoring. As a
Compliance With Applicable Regulations                                         body under the Board of Commissioners, the Audit Committee
                                                                               submits its performance reports to the Board of Commissioners,
Throughout 2024 and 2023, there were no violations of laws                     which supervises the Bank’s business activities. Therefore, the
and regulations related to transactions with related parties.                  role of the Audit Committee and the Board of Commissioners is
Additionally, no transactions involving conflicts of interest                  crucial in ensuring that all transactions conducted by the Bank
were conducted. BSI carries out transactions with related                      comply with applicable regulations and follow standard business
parties as defined in PSAK 224 on Related Party Disclosures                    practices (arm’s length principle).
and Regulation No. VIII.G.7 on the Presentation and Disclosure
of Financial Statements for Issuers or Public Companies. All
related party transactions have been conducted in accordance                   Policy on Loan Provision for the Board of
with policies and terms agreed upon by both parties. In 2024,                  Commissioners/Directors
there were no related party transactions requiring shareholder
approval (GMS).                                                                Related Parties, Unrelated Parties, State-Owned Enterprises,
                                                                               Regional-Owned Enterprises, Regional Governments, and the
Statement from the Board of Directors Regarding                                Foreign Currency Financing Policy are outlined in the 2024
Related Party Transactions                                                     Financing Policy of Bank Syariah Indonesia. The provision of
                                                                               financing to Members of the Board of Directors and Members
BSI has established procedures for conducting transactions,                    of the Board of Commissioners follows the same principles
especially those involving related parties, in accordance with                 as financing for prospective customers of BSI in general. Such
regulatory requirements. Under these procedures, the Board                     financing is provided at market rates and on an arm’s length basis
of Directors plays an active role in reviewing, executing, and                 while maintaining the principle of prudence.
evaluating transactions. Based on these considerations, the




                                                                                                              PT Bank Syariah Indonesia Tbk
                                                                                                                       2024 Annual Report
                                                                                                                                              263
Page 266
MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




Changes in Laws and Regulations and Their Impacts

Information on regulatory changes in 2024 and their impact on BSI is detailed as follows.


Table of Changes in Laws and Regulations

                                                                                                                               Impact on Financial
 No.        Laws and Regulations                       Key Provisions                       Adjustments Made by BSI
                                                                                                                                  Statements

  1.    OJK Regulation No. 21 of       Regulation on the implementation of digital      Adjustment of internal regulations    No significant
        2023 on Digital Services by    services.                                                                              quantitative impact on
        Commercial Banks.                                                                                                     Financial Statements

  2.    OJK Circular Letter No. 25/    Regulation on Risk Management implementation     Adjustment of internal regulations    No significant
        SEOJK.03/2023 on Risk          related to compliance with Sharia Principles                                           quantitative impact on
        Management Implementation      to support active supervision by the Sharia                                            Financial Statements.
        for Sharia Commercial Banks    Supervisory Board (DPS).
        and Sharia Business Units.

  3.    OJK Regulation No. 30 of       Regulation on the communication of Key Audit     Submitting the Public Accountant's No significant
        2023 on Communicating          Matters in Public Accountant Reports.            report on the audited financial     quantitative impact on
        Key Audit Matters in Public                                                     statements by disclosing Key Audit Financial Statements.
        Accountant Reports on                                                           Matters to the Financial Services
        Audited Financial Statements                                                    Authority (OJK) in accordance
        in the Capital Market.                                                          with this OJK regulation, for the
                                                                                        first time in the audit of the 2023
                                                                                        annual financial statements.

  4.    OJK Regulation No. 2 of 2024   Regulation on the implementation of Sharia       Adjustment of internal regulations,   No significant
        on the Implementation of       Governance, DPS, Sharia Audit, Sharia            organizational structure, and         quantitative impact on
        Sharia Governance for Sharia   Compliance, Sharia Risk Management, and          articles of association.              Financial Statements.
        Commercial Banks and Sharia    External Review of Sharia Governance.
        Business Units.

  5.    OJK Regulation No. 22 of       Regulations on:                                 Adjustment of internal regulations.    No significant
        2023 on Consumer and Public    1. Consumer Protection Principles                                                      quantitative impact on
        Protection in the Financial    2. Basic Consumer Protection Behavior                                                  Financial Statements.
        Services Sector (POJK PKM      3. Financial Literacy and Inclusion
        SJK).                          4. Data and/or Information Confidentiality
                                       5. Cybersecurity in consumer protection
                                       6. Product life cycle
                                       7. Product information presentation and
                                           disclosure mechanisms
                                       8. Product offering mechanisms 9. Standard
                                           clause mechanisms
                                       10. Loan collection mechanisms
                                       11. Collateral repossession or withdrawal
                                           mechanisms
                                       12. Customer complaints and dispute resolution
                                       13. Self-assessment of Consumer Protection
                                           compliance
                                       14. Consumer protection function/unit
                                       15. Obligation for regular employee capacity
                                           development on Consumer and Public
                                           Protection in the financial services sector




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                                                                                                                                      Impact on Financial
No.       Laws and Regulations                            Key Provisions                           Adjustments Made by BSI
                                                                                                                                         Statements

6.    Bank Indonesia Regulation     Regulation on the implementation of Information Adjustment of internal regulations               No significant
      No. 2 of 2024 on Information  System Security and Cyber Resilience (KKS) for                                                   quantitative impact on
      System Security and Cyber     every BSI product supervised by Bank Indonesia.                                                  Financial Statements.
      Resilience for Payment
      System Operators, Money
      Market and Foreign Exchange
      Market Participants, and
      Other Entities Regulated and
      Supervised by Bank Indonesia.

7.    OJK Regulation No. 12 of          1.   Regulation on Anti-Fraud Strategies for           Adjustment of internal regulations    No significant
      2024 on the Implementation             financial service institutions.                                                         quantitative impact on
      of Anti-Fraud Strategies for      2.   Revision of the definition of fraud.                                                    Financial Statements.
      Financial Service Institutions.   3.   Classification of fraud types.
                                        4.   Requirement for financial service
                                             institutions to ensure controlled
                                             organizations (foundations, cooperatives,
                                             etc.) implement anti-fraud strategies.
                                        5.   Anti-Fraud Strategy (SAF) unit is now
                                             accountable to a board member instead of
                                             the CEO.
                                        6.   Additional experience requirements for SAF
                                             leadership in the anti-fraud field.
                                        7.   Updated Anti-Fraud Guidelines.

8.    Indonesia Deposit Insurance       Regulation on the obligation to prepare and            Adjustment of internal regulations    No significant
      Corporation (LPS) Regulation      submit a Resolution Plan, including amendments                                               quantitative impact on
      No. 2 of 2024 on Resolution       and updates, to LPS.                                                                         Financial Statements.
      Planning for Commercial
      Banks.

9.    OJK Regulation No. 15 of          Regulation on the obligation to implement              -   Internal policy adjustments.      No significant
      2024 on the Integrity of Bank     internal control measures to ensure the integrity      -   Submission of internal            quantitative impact on
      Financial Reporting.              of the financial reporting process.                        control reports to OJK as         Financial Statements.
                                                                                                   part of financial publication
                                                                                                   reports and annual financial
                                                                                                   performance disclosures,
                                                                                                   in accordance with OJK
                                                                                                   regulations on transparency
                                                                                                   and bank report publication.

10.   OJK Circular Letter No.           Regulation requiring the preparation and               Adjustment of internal regulations.   No significant
      13/SEOJK.08/2024 on the           reporting of financial literacy and inclusion plans,                                         quantitative impact on
      Preparation and Submission        realization reports, report adjustments, and                                                 Financial Statements
      of Financial Literacy and         report changes to OJK through an electronic
      Inclusion Plan and Realization    reporting system provided by OJK.
      Reports.

11.   OJK Circular Letter No. 15 of     Regulations on Sharia Governance of the Sharia         Internal policy adjustments           No significant
      2024 on the Implementation        Supervisory Board, Implementation of External          and organizational structure          quantitative impact on
      of Sharia Governance for          Review on Sharia Governance.                           adjustments.                          Financial Statements.
      Sharia Commercial Banks and
      Sharia Business Units.




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MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




Changes In Accounting Policies

Reason for Accounting Policy Changes

Changes in accounting policies are made to comply with applicable Financial Accounting Standards (PSAK) that are relevant to BSI's
operations.


Information on Accounting Policy Changes

The following are new financial accounting standards, amendments, and interpretations that became effective as of January 1, 2024:


Table of Changes to Financial Accounting Standards

                                                                                      Impact of Changes in Accounting Policies on Financial
 No                Changes to Financial Accounting Standards
                                                                                                            Standard

                                                                                 The standard implementation did not result in any substantial changes to
           Amendment to PSAK 116: "Leases" on lease liabilities in sale and
  1.                                                                             the Bank’s accounting policies and had no material impact on the Bank’s
           leaseback transactions;
                                                                                 financial statements during the year or previous year.

                                                                                 The standard implementation did not result in any substantial changes to
           Amendment to PSAK 201: "Presentation of Financial Statements" on
  2.                                                                             the Bank’s accounting policies and had no material impact on the Bank’s
           the classification of current or non-current liabilities;
                                                                                 financial statements during the year or previous year

                                                                                 The standard implementation did not result in any substantial changes to
           Amendment to PSAK 201: "Presentation of Financial Statements" on
  3.                                                                             the Bank’s accounting policies and had no material impact on the Bank’s
           long-term liabilities with covenants.
                                                                                 financial statements during the year or previous year

           Revision to PSAK 401: "Presentation of Sharia Financial Statements"   The standard implementation did not result in any substantial changes to
  4.       on the removal of the presentation of managed asset changes as one    the Bank’s accounting policies and had no material impact on the Bank’s
           of the financial statement components.                                financial statements during the year or previous year




Bank’s Soundness Level

The Bank’s Soundness Level is assessed based on OJK Regulation No. 08/POJK.03/2014, dated June 11, 2014, concerning the Assessment
of the Soundness Level of Islamic Commercial Banks and Islamic Business Units using a Risk-Based Bank Rating (RBBR) approach. The
Bank’s Soundness Level assessment for Islamic Commercial Banks covers four factors, namely Risk Profile, Good Corporate Governance
(GCG), Earnings (Profitability), and Capital.


Table of Bank’s Soundness Level

                                                                                              Assessment Per                   Assessment Per
                                                                                             December 31, 2024                December 31, 2024
                                  Assessment Factor

                                                                                                    Rating                           Rating

 Risk Profile                                                                                          2                                2

 Good Corporate Governance (GCG)                                                                       2                                2

 Profitability                                                                                         1                                1

 Capital                                                                                               1                                1

 Overall Risk-Based Bank Soundness Rating                                                              2                                2




BSI's soundness Level Rating using the risk-based assessment method (RBBR) was at Composite Rating 2 (CR 2) which reflects the Bank
in General Sound condition so that it is considered capable of facing significant negative influence from changes in business condition
and other external factors.




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Business Continuity Information                                       Assumptions Used By Management in
                                                                      Conducting the Assessment
Factors That May Significantly Impact
Business Continuity                                                   In assessing BSI’s ability to maintain business continuity in
                                                                      the future, several assumptions and considerations are used.
Based on an evaluation conducted by management regarding              In addition to the assumptions in the SWOT analysis, the
BSI's ability to maintain business continuity in the future, it was   assumptions in BSI’s Bank soundness level assessment also serve
found that BSI does not face any significant factors that could       as a basis for evaluation. The Bank soundness level is assessed
materially impact its sustainability. This evaluation includes an     based on four key assumptions: risk profile, good corporate
in-depth analysis of various operational, financial, and market       governance, profitability, and capitalization.
aspects, demonstrating that the bank has strong fundamentals
and an adaptive strategy to navigate changes in economic and          Disclosure of Governance, Management,
industry conditions.                                                  and Control Framework for Tax Aspects

Management Assessment of Factors That                                 As a corporate taxpayer operating in the highly regulated banking
May Significantly Impact Business Continuity                          industry, BSI is committed to managing and controlling tax
                                                                      aspects in compliance with applicable tax regulations to maintain
Management routinely conducts evaluations and assessments             stakeholder trust. Tax management and control at BSI include
regarding factors that significantly impact business continuity.      fulfilling corporate tax obligations as well as obligations related
This evaluation includes a SWOT analysis consisting of Strengths      to withholding and collecting taxes. BSI’s tax management is
and Weaknesses, which assess internal factors, as well as             overseen by the Corporate Finance & Accounting Group under
Opportunities and Threats, which identify external factors as         the authority of the Finance & Strategy Director.
the foundation for the bank’s business continuity assumptions.
Additionally, BSI evaluates the bank’s financial health using a       To ensure the quality of tax management and control, BSI
risk-based approach to assess its ability to withstand significant    has an adequate governance framework, including tax policy
negative impacts from changing business conditions.                   guidelines and procedures covering the identification of taxable
                                                                      transactions, tax payment and reporting administration, and
Based on the results of the SWOT analysis and the Bank                tax risk management. This governance framework follows a
soundness level assessment, it can be concluded that BSI does         comprehensive and structured process, including:
not face any significant risks to its business continuity. With       1. Establishing Standard Operating Procedures for taxation,
strong internal capabilities, open external opportunities, and the        which are regularly reviewed to align with applicable tax
ability to manage threats and risks, BSI is expected to continue          regulations, serving as a guideline for all work units in
growing and effectively handling business challenges. BSI has             fulfilling corporate tax obligations. Additionally, BSI conducts
demonstrated maturity in business management and is well-                 regular tax training and socialization for employees in other
prepared to navigate dynamic economic conditions and evolving             work units.
market trends.                                                        2. Centralizing the administration of tax payments and
                                                                          reporting for all BSI branches in Indonesia at the Head Office,
                                                                          in collaboration with an authorized tax application service
                                                                          provider recognized by the Tax Authority. This minimizes the
                                                                          risk of administrative penalties for late tax payments and/or
                                                                          reporting.




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MANAGEMENT DISCUSSION
AND ANALYSIS ON PERFORMANCE




Table: Contribution to the State
                                                                                                                          (in IDR millions)


                                  Type of Tax                                           2024                         2023

 Income Tax Article 4 (20                                                              1,102,518                      774,238

 Income Tax Article 21                                                                   739,230                      515,311

 Income Tax Article 22                                                                    34,990                         9,517

 Income Tax Article 23                                                                    56,796                       39,346

 Income Tax Article 25                                                                 1,990,404                    1,622,277

 Income Tax Article 26                                                                    27,672                       14,724

 Income Tax Article 29                                                                   445,253                       55,843

 VAT Withholder (WAPU)                                                                   575,077                      277,193

 Domestic VAT                                                                            475,928                       30,068

 Overseas VAT                                                                             17,398                       10,808

 Stamp Duty                                                                                3,687                         1,331

 Total                                                                                 5,468,953                    3,350,656




Maximum Funding Limit (BMPD)                                         currencies. In executing this policy, BSI consistently adheres to
                                                                     the applicable banking regulations, ensuring that each financing
The provision of funds to related parties is regulated under OJK     transaction is carried out in accordance with the standards set by
Regulation No. 26/POJK.03/2021 concerning the Maximum                the relevant authorities.
Funding Limit (BMPD) and Large-Scale Funding Provision Sharia
Commercial Banks (BUS). According to this regulation, large-         In providing financing, BSI follows procedures similar to standard
scale funding refers to the allocation of funds to individuals       financing practices by considering a fair return for the bank. To
or groups that are not classified as related parties, where the      manage risk, funding provided to a single borrower or group
amount reaches 10% or more of the bank’s core capital. Overall,      of borrowers that reaches 10 percent or more of the bank's
large-scale funding to related parties is capped at a maximum of     core capital must be handled with great care. Extra caution is
10% of the bank’s core capital, while the funding provided to non-   needed to prevent excessive concentration of risk. This financing
related parties is capped at a maximum of 25% of the bank’s Tier     process is closely monitored by the Financing Committee, which
1 capital. The BMPD regulation for BUS has been in effect since      is composed of competent members, including the President
January 1, 2022.                                                     Director, who plays a key role in making decisions regarding
                                                                     large scale financing. In the event that the President Director is
BSI has implemented the Financing Policy for Bank Syariah            unavailable, the Vice President Director may substitute in the
Indonesia for the year 2024, which governs various policies          decision making process.
related to the provision of financing. This includes financing for
related parties, non-related parties, State-Owned Enterprises        In 2024, there were no violations of the Maximum Funding Limit
(BUMN), Regional-Owned Enterprises (BUMD), Regional                  (BMPD) provisions, neither breaches of BMPD nor exceeding
Governments, as well as policies on financing in foreign             BMPD.




      PT Bank Syariah Indonesia Tbk
268 2024 Annual Report
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Table of Provision of Funds to Related Parties and Major Debtors

                                                                     2024                                                2023
 No                   Fund Provider            Number of Account            Nominal (in IDR         Number of Account           Nominal (in IDR
                                                    (NoA)                     millions)                  (NoA)                    millions)

  1      To Related Parties                             1,112                   1,430,221                    781                        1,216,755

  2      To 25 Core Debtors

         a.     Individuals                                25                  35,204,051                      25                      33,353,263

         b.     Groups                                     25                  49,455,058                      25                      46,735,610

         Total Core Debtors                                50                  84,659,109                      50                      80,088,873




Spot and Forward Transactions

Information regarding BSI's spot and forward transactions is detailed as follows.


Table of Spot and Forward Transactions

                                                        2024                                                          2023

                                                                   Receivables and                                               Receivables and
                                              Purpose                                                       Purpose
 No.          Transaction                                             Liabilities                                                   Liabilities
                               Nominal                                                    Nominal
                                           Non-                                                       Non-
                                                    Hedging     Receivables Liabilities                             Hedging   Receivables Liabilities
                                          Hedging                                                    Hedging

         Related to
 A.                            954,260    96,570    857,690          -           -        114,862       -           114,862        -                -
         Exchange Rate

  1      Spot                   96,570    96,570           -         -           -              -       -                 -        -                -

  2      Forward               857,690         -    857,690          -           -        114,862                   114,862        -                -

  3      Others                       -        -           -         -           -              -       -                 -        -                -

 B.      Others                       -        -           -         -           -              -                         -        -                -

 Total                         954,260    96,570    857,690          -           -        114,862                   114,862        -                -




                                                                                                               PT Bank Syariah Indonesia Tbk
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HUMAN
CAPITAL

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270 2024 Annual Report
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05




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CAPITAL




Human Capital
Management Strategy




The Bank has established a “Human Capital Roadmap” to support      As an appreciation and commitment to employee welfare,
BSI’s innovative and proactive organizational transformation and   management conducted an annual increment, continued to
human resources (HR) in responding to challenges and changes       provide token bonuses in the middle of the year, provided umrah
in the future. The Bank laid the focus of its human capital        appreciation for the best employees, provided an ESOP program
strategy in 2024 on how to increase employee productivity,         for talented employees, provided vehicle facility expansion for
improve business processes, align performance with rewards,        Bank representative officials for all units, and facilitated various
accelerate employee capability development, and strengthen the     well-being programs.
integration of the Company’s risk awareness culture. The overall
objective was to strengthen fundamental human capital policies.    Organizational development in the HR sector is carried out in line
                                                                   with the “Corporate Plan PT Bank Syariah Indonesia Tbk 2022-
Several programs that have been implemented in 2024 to             2032” and BSI’s aspiration to become a “Top 10 Global Islamic
support the implementation of the Human Capital strategy           Bank.” As it worked to meet this aspiration, BSI continuously
focus include the implementation of the Staff Development          reviewed the organization to support its key metrics, including
Program (SDP), Officer Development Program (ODP), Talent           increasing the customer base, profitability, and volume of the
on Assignment at institutions outside the bank, the Masters        Bank’s assets in 2024 through adjusting the organizational
Scholarship Program for BSI talent employees in 2024 at the        structure with a laid focus on:
world's top 50 ranking universities, and updating the Human        a. Strengthening BSI with a lean organizational structure and
Capital Information System (HCIS).                                     effective business processes that allow for faster and more
                                                                       optimized delivery of the Bank’s services to customers.
As an appreciation and commitment to employee welfare,             b. Strengthening IT functions to support the stabilization,
management conducted an annual increment, continued to                 reliability and security of Bank IT.
provide token bonuses in the middle of the year, provided umrah    c. Developing business, infrastructure and digital operations
appreciation and launched a retention program for talented             BSI.
employees in the form of bank shares.                              d. Strengthening BSI's performance culture by increasing
                                                                       the Product Holding Ratio (PHR) with a customer-centric
                                                                       organization approach.
                                                                   e. Strengthening Good Corporate Governance by establishing
                                                                       a unit that manages ESG and Personal Data Protection
                                                                       functions.




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Human Capital Management Policy
and Implementation

Recruitment

Employee satisfaction according to the Bank's needs and                  2. Professional Hire
strategies is essential in supporting the implementation of                 The employee fulfillment path aimed for candidates, who
services, operations, and business of the Bank. Employees                   had sufficient experience in their field of work in accordance
satisfaction according to manpower planning is by considering               with the qualifications that had been set to occupy positions
the Bank's strategy, budget, organization, employee sources, and            at the Officer, Manager, Middle Manager, Senior Manager
employee fulfillment timing.                                                level
                                                                         3. Officer Development Program (ODP)
The Bank’s employee needs were met from both internal and                   This recruitment path was intended for top fresh graduate
external sources through several stages, including identifying              talents to be placed in Officer-level positions and developed
needs, determining qualifications, searching for candidates,                into future leaders of the Bank.
conducting the selection process, and placement.
                                                                             In 2024, the ODP selection was conducted through a new
In fulfilling employee needs, priority was given to internal                 program called BSI ROCK (BSI Recruitment on Campus
sources through rotation, mutation, and promotion schemes.                   for Knowledge), a one-stop recruitment program aimed
Meanwhile, for fulfilling employee needs from external sources,              at building employer branding, sharing knowledge, and
the Bank used the following selection paths:                                 connecting business. One of the activities held as part of
1. Regular                                                                   the BSI ROCK program was a knowledge-sharing session
    The employee fulfillment path intended for candidates,                   covering the BSI profile, sharia banking literacy, career
    who were fresh graduates to fill Staff level positions at the            opportunities at BSI, essential industry skills, and other
    Head Office, Regional Office and Work Units under the                    insights, featuring speakers from the BSI Board of Directors.
    coordination of the Regional Office.



In 2024, BSI conducted external recruitment as follows:



                Program                                              Jalur Rekrutmen                                  Jumlah Pegawai

                                          Reguler
 Non-Development Program                                                                                                     175
                                          Professional Hire (Pro Hire)

 Development Program                      Officer Development Program (ODP) General, Wholesale, IT, Digital                  315


Competency Development

Based on the Human Capital Standard Operating Procedure (SOP) Chapter V Training and Development, the method of developing
employee competencies and learning refers to the experience, engagement, and education approaches. The composition of the
development is adjusted to the level and needs of the current position (current) and the projected position (future).
a. Experience                                                         b. Engagement
   Employee competency development and learning is carried                 Employee competency development and learning is carried
   out through real work experience or other assignments which             out through individual interaction between employees and
   can take the form of, among others: placement and assignment            other parties appointed by the Bank, which can take the form
   (rotation/mutation), temporary assignment (detasering),                 of but is not limited to coaching, counseling or mentoring.
   assignment to the Bank's strategic projects, attachment
   (internship) to the parent company or other companies within
   the group, on the job training, and role play.




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HUMAN
CAPITAL




c.    Education
      A systematic employee competency development and learning program that can be carried out independently or in class according
      to the types of learning services.


The Bank provided opportunities for all employees to participate in competency development programs organized by the Bank, in
accordance with the needs of their respective positions. The implementation of competency development in 2024 is as follows:


Table of Competency Development 2024

                                                 Number of
     No              Competency Name                                                                 Objectives
                                                 Participants

                                                                Able to understand the development of organizational capabilities including
     1       Business Capabilities                  8.397
                                                                business process management.

                                                                Able to perform financing analysis consisting of qualitative analysis and
     2       Financing Analysis                       583
                                                                quantitative analysis.

                                                                Able to understand treasury and portfolio management on the bank's balance
     3       Asset & Liability Management             342
                                                                sheet by considering Islamic banking risks.

     4       Investment & Portfolio Management        126       Able to understand financial products and instruments in the capital market.

                                                                Able to understand customer needs by providing appropriate solutions and
     5       Customer Relationship Management       7.740
                                                                establishing good relationships to achieve the Bank's targets.

                                                                Able to manage relationships with internal and external stakeholders of the
     6       Stakeholder Management                   258
                                                                company.

     7       Product Knowledge                      9.398       Able to understand knowledge, skills and expertise regarding products and services.

                                                                Able to understand transactions in Islamic law, contracts in banking products,
     8       Fiqh Muamalah Maaliyah                11.938
                                                                and product development.

     9       Product Development and Pricing          473       Able to understand product development and management strategies for customers.

     10      Human Capital Management             256.382       Able to understand human resource management.

                                                                Able to understand IT customer needs, including managing strategy, planning,
             Information & Communication
     11                                             4.117       development, architecture, infrastructure, portfolio, operations, security and
             Technology
                                                                performance of IT and financial technology functions.

                                                                Able to understand skills and expertise related to digital awareness, Agile/
     12      Digital Banking                       19.562
                                                                entrepreneurial thinking, risk & governance.

     13      Data Analytic                            325       Able to perform data analysis for market and customer interests.

                                                                Able to understand the legal provisions, regulations and legislation of general
     14      Legal & Compliance                     8.320
                                                                and sharia banking.

     15      Operations                             9.610       Able to understand all sharia banking operations.

     16      Risk Management                        2.898       Able to identify, measure, monitor and control risks.

     17      Audit                                  4.360       Able to understand the internal control system.

                                                                Able to understand the activities of managing financial data for internal and
     18      Accounting and Finance                 1.001       external needs, managing accounting audit services, managing tax services and
                                                                conducting financial analysis and control.

                                                                Able to understand logistics and procurement management activities that
             Procurement & Logistics                            support banking business activities, also including inventory management,
     19                                                27
             Management                                         vendor management, data collection and maintenance of the company's physical
                                                                assets.

                                                                Able to carry out project activities including planning, organizing, resource
     20      Project Management                        22
                                                                management, implementation, control, and evaluation.

     21      Strategic Banking Management           1.288       Able to formulate the company's strategic direction.



Competence Development Costs

Until the end of the 2023 financial year, BSI had spent Rp90.6 billion on employee competency development. For the upcoming year
2024, the Bank has allocated an estimated budget of Rp135 billion.




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Carrer Development                                                    Remuneration

One form of employee career development is through promotion.         Bank Syariah Indonesia complies with applicable government
The Bank classifies the promotion process as follows:                 regulations regarding employee remuneration. The amount
1. Job promotion                                                      of remuneration provided has been adjusted to applicable
   Job promotion is the process by which an employee is               regulations, including the Minimum Wage standard applicable
   promoted from a lover to a higher position group. Career           in the area where the company operates. Management of the
   path advancement begins when employees meet job                    remuneration system (reward) is one of the Bank's strategies in
   qualifications in accordance with the requirements of the          providing remuneration to employees which can be competitive
   position in the intended position group.                           financial or non-financial. Bank Syariah Indonesia's reward
2. Grade Promotion                                                    system policy in 2024 has been aligned with BSI's employee
   Grade promotion is the process by which a grade is                 remuneration position against the market to ensure BSI remains
   adjusted to a higher grade. The Bank may consider giving           competitive.
   grade promotions to employees who meet the established
   parameters according to the Bank’s capabilities.                   Rewards are given by the Bank by prioritizing the principles of
                                                                      competitiveness and fairness based on performance and risk by
                                                                      considering the implementation of best practices in the banking
Performance Assessment                                                industry. In order to maintain market competitiveness, the Bank
                                                                      regularly participates in the Annual Salary Survey in the banking
BSI implements a transparent employee performance appraisal           industry in Indonesia which is carried out by a competent
system, with the following objectives:                                independent survey institution.
1. Support the achievement of organizational goals through
    employee performance achievements.                                Giving rewards has the particular purpose of maintaining a
2. Develop a positive and productivity-oriented corporate             competitive position in the market, retaining and motivating
    culture.                                                          employees, especially the Bank’s talents, while attracting the
3. Increase employee engagement.                                      best talent in the industry that the Bank is in need of in order
                                                                      to achieve business goals and maintain business sustainability.
The performance management process is run continuously by
ensuring harmony, which is how to translate corporate goals           The bank provides financial and non-financial rewards. Financial
into targets and goals for work units and individuals. This should    rewards were given in the form of assistance during joyful and
maintain a strategic alignment of corporate with individual,          sorrowful occasions, as well as aid for employees affected by
and there is a link between individual performance and Bank           natural disasters. Meanwhile, non-financial rewards included
performance.                                                          Umrah appreciation for 26 top-performing employees in the third
                                                                      quarter (Q3) of 2024. The provision of this Umrah appreciation
The annual performance management cycle is divided into 3             serves as BSI’s Unique Value Proposition (UVP) in the market
(three) stages.                                                       as one of the largest sharia banks in Indonesia, by fostering
1. Performance planning to establish individual employee KPIs         Islamic spiritual values among the recipients. Other non-financial
     (key performance indicators).                                    appreciation was also given in the form of recognition to work
2. Performance Monitoring to review performance goals and             units and individuals based on the best innovations or other
     targets and determine steps that can be taken to ensure          special achievements that had a significant impact on BSI’s
     those goals and targets are achieved.                            performance and reputation. This appreciation was presented
3. Performance Evaluation, which is the evaluation of                 at the “BSI Excellence Award” as the Bank’s highest form of
     established goals and performance targets to generate            recognition.
     employee performance scores at the end of the period.


In the process of managing employee performance, the Bank             Retirement Program
places priority on the creation of 2 (two) way employee-manager
communication to create a harmonious relationship where               The Bank has developed a policy for training or provision
managers can give suggestions/feedback (development dialogue)         programs for employees who are approaching retirement age, so
for improvements to improve employee performance. The entire          trainings can be held in a structured manner with clear and more
performance management process is run virtually through the           planned criteria for participants and time. The spouses of retiring
Employee Information System (SIP), which employees can easily         employees are welcome to join.
access and facilitate the storage of all information about employee
performance. Feedback on the year-end performance assessment
will be used as an employee development plan for the following
year.




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System and Infrastructure
Human Capital

The Human Capital system and infrastructure in a bank is a         d. Time/ Attendance Time
framework designed to manage human resources strategically,           1. Presence/Attendance, list of personal employee
in order to support the achievement of the bank's business                attendance.
goals. The following is an explanation of the main elements of        2. Attendance Data List, attendance data of all employees
the system and infrastructure:                                            (according to authority).
a. Organisation                                                       3. Employee Logbook, employee work record data.
    1. Organizational Structure, displays the organizational          4. Attendance Correction Request, correction of
        chart and job descriptions.                                       attendance data.
    2. Company Regulations, presents the applicable provisions        5. Leave, employee leave application data.
        for human capital management.                                 6. Overtime, employee overtime application data.
b. Employee                                                           7. On Duty/Official Travel, official travel application data.
    1. Employee Information, detailed information about the        e. Reimbursement
        employee's personal details.                                  1. Reimbursement/Claim List, list of reimbursement
    2. Employee Letter, information on employee assignments               submission data.
        and assignments.                                              2. Reimbursement/Claim Submission, reimbursement
    3. Employee Request, list of employee transaction                     submission claim data.
        submissions.                                                  3. Reimbursement/Claim Cancellation, reimbursement
    4. Employee Work Status, information about employee                   submission cancellation.
        surveys and/or employment status during the pandemic.      f. Loans, FPP applications / employee financing
    5. Curriculum Vitae, summary of employee information           g. Payroll
        regarding personal data, training, careers, and employee      1. Salary History/Payslip
        achievements & sanctions.                                     2. Data of salary/wage list
    6. Announcement, providing information to all employees.       h. Performance/Evaluation
c. Career                                                             1. Key      Performance      Indicators    (KPI):    Employee
    1. Award/Award, list of employee award data.                          performance is measured based on KPIs related to the
    2. Career Request, list of employee career data submitted             bank's strategy.
        through branch admin.                                         2. Competency-Based Assessment: Focus on achieving
    3. Discipline/Violation, list of employee violation data.             targets and work behavior in accordance with
    4. Career Transition/Career Change, list of employee                  organizational values.
        career data submitted by central admin                     i. Training, Employee Training data.
                                                                   j. Recruitment, recruitment of internal and external employees.




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Internalization
of Culture

Instilling Moral Values: Driving Innovation and Collaboration for Sustainable Growth in 2024


2024 is a strategic momentum for BSI to integrate the core             2. Innovation Series Webinar and Innovation Clinic: Held in a
values of AKHLAK (Trusted, Competent, Harmonious, Loyal,                  hybrid manner (online and offline), this activity is a forum for
Adaptive, Collaborative) into every aspect of operations and              sharing knowledge and practical assistance to accelerate the
work culture. Management is consistently involved in BSI                  adoption of innovation across all lines of the organization.
One Culture internalization activities such as Nobar (watch            3. Standardization of Innovation Process: As a strategic
together) Video AKHLAK, Taujih Pekanan Ber-AKHLAK, CEO                    step, BSI is committed to making the innovation process
Greeting, BYOND by BSI Activation program, and other cultural             part of the company's policies and regulations, ensuring
internalization activities. By prioritizing innovation as a catalyst      the sustainability and alignment of innovation within a
for change and collaboration as a driver of harmony, BSI has              structured framework.
launched a number of programs aimed at creating sustainable
impacts for the internal organization and all stakeholders.            In the spirit of Harmony and Collaboration, BSI launched
                                                                       the Collaboration Survey as a concrete step to measure and
In line with the spirit of Competent and Adaptive, BSI strengthens     strengthen synergy between work units. This survey allows each
the culture of innovation through the Innovation Culture               work unit to provide assessments, feedback, or appreciation for
Journey 2024. This program aims to encourage the creativity of         other work units that have collaborated. This program not only
BSI people while creating an ecosystem that supports new ideas         encourages transparency and continuous improvement, but also
to become real solutions. The main initiatives in this program         creates a work culture that supports and appreciates each other.
include:
1. Innovation Challenge: This innovation competition consists          With the foundation of AKHLAK values, BSI is committed to
      of three main categories, namely:                                continue to drive innovation and strengthen collaboration in the
      • Best Idea - Breakthrough, for innovative ideas with the        years to come. A work culture that is Trustworthy, Competent,
          potential for major changes.                                 and Adaptive, as well as Harmonious and Loyal collaboration, the
      •    One Unit One Implementation Innovation, challenges          organization will continue to grow into a relevant, competitive
          each work unit to implement at least one innovation in       entity that brings broad benefits to society. BSI One Culture in
          the work unit.                                               driving performance makes BSI people have high performance
      •     Best Implementation - Breakthrough, an award for           high engagement.
          innovations that have been successfully implemented
          and have a significant impact.




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HUMAN
CAPITAL




Disclosure of Information
to Employees

The Secretary of the Policy & Procedure Committee (Policy & Procedure Work Unit) conducts socialization of Bank regulations together
with the Owner Work Unit, there are several socialization media used, namely:
1. Preparation of socialization of provisions through                3. Refreshment and Quiz
    Infographics and Executive Summary.                                  Employees access reading materials through the New
2. Sharing Knowledge                                                     Policy System and work on Refreshment using the Learning
    Secretary of the Policy & Procedure Committee ((Policy &             Management System (SMILE). Refreshment and Quiz are
    Procedure Work Unit) together with the Work Unit Owner as            carried out at least 2 times a year in collaboration with BSU.
    resource persons in Sharing provisions to all BSI employees      4. Update NPS (New Policy System)
    in coordination with BSU.                                            NPS is a web-based application that contains all the internal
                                                                         provisions of Bank Syariah Indonesia, making it easier for
                                                                         Users to access the provisions and also provide Users with
                                                                         an understanding of the implementation of Bank provisions.


The following is a description of the Socialization, Knowledge Sharing, Refreshment, and Quiz Data for the period January
to December 30, 2024:



                                         Implementation of Socialization Period January to December 2024

                                     Socialization
       Scope of Settings                                       Sharing Knowledge           Refreshment                 Quiz
                                 (Exsum & Infographic)

 BUS                                          91                        4                        2                       2

 FTD                                          70                        5                        2                       2

 RFD                                          90                        4                        2                       2

 WFD                                          93                        4                        3                       3

 ERI                                            -                       5                         -                       -

 Total                                       344                       22                        9                       9




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Human Capital
Management Structure

                                                            Compliance &
                                                            Human Capital



                                                            Human Capital




      Human Capital                       Human Capital                      BSI Corporate                   Senior Human Capital
     Strategy & Policy                      Services                          University                       Business Partner




BSI uses a human capital framework approach that is in line with     the Human Capital Services Group which handles operational
the employee journey or employee life cycle in managing human        employee services, BSI Corporate University which organizes
capital. The Human Capital management organization at BSI            employee competency development programs, and HC Business
consists of the Human Capital Strategy & Policy Group which          Partners who partner with work units as strategic partners to
formulates policies and strategies related to human capital,         support the achievement of business targets




Human Capital
Work Plan 2025

The human capital work plan for 2025 is as follows:
a. policies and systems for the career path of employees at the Head Office and branch networks.
b. Redesigning the organization, strategic workforce planning, and fulfillment of critical positions.
c. Increasing employee productivity through KPI sharpening, benefit improvement, incentive schemes for Top Performing Sales, and
   capability enhancement programs (upskilling, reskilling, and competency assessment).
d. Optimizing employee development through the implementation of Development Dialogues, Individual Development Planning
   (IDP), Self-Assessments, and monitoring of the Competency Performance Index (CPI).
e. Preparing the availability of successors through the development of talent policies and increasing the bench strength ratio,
   particularly for managerial positions.
f. Executing various projects and refining the HCMS to support the achievement of bank-wide targets.




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TECHNOLOGY

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TECHNOLOGY




Master Plan
and Information Technology Strategy

In order to achieve the vision of becoming a "Top 10 Global Islamic      b. Process: Continuous improvement of IT processes by
Bank in 2025" and "Top 5 Global Islamic Bank in 2030" and the               improving management governance in the project phase
mission to increase the number of customers, assets, and Return             (SDLC) to operations.
on Equity (ROE), BSI has prepared an Information Technology              c. Technology: Implementation of IT strategic initiatives in 4
(IT) strategy for 2024 - 2026. This strategy focuses on being the           (four) IT architecture domains (Applications, Infrastructure,
best provider of Islamic financial platforms for financial, social and      Security, and Data)
spiritual solutions. As a reference in determining and executing the
strategy, BSI has prepared an IT House of Strategy with 3 (three)        In line with the focus of the 2024 - 2026 strategy, BSI has
main pillars, namely People, Process & Technology. The Bank has          prepared the following IT strategy for 2024:
carried out several initiatives in the following 3 (three) aspects:      a. Digital Solution for Retail and Wholesale
a. People: Increasing the capacity and capability of human               b. Business & Operation Transformation
     resources by recruiting employees and training &                    c. IT RASS (Reliability, Availability, Serviceability, Security)
     development.




Information
and Technology Innovation

PT Bank Syariah Indonesia Tbk continues to plan and develop IT in terms of technology and infrastructure to support the BSI 2024
strategy, including core banking, as well as strengthening business and digital banking. The following are some innovations in information
technology development in 2024:


1. Launch of the BYOND by BSI superapps application,                     5. Further development related to strengthening the system
   development of BYOND by BSI as a one-stop digital platform               security perimeter.
   financial superapp to become a spiritual, social, and financial       6. Data Center development carried out to increase service
   friend.                                                                  availability and system resilience.
2. Bewize application with one of the main features of the Cash          7. Advanced development of Big Data & Analytics, development
   Management System, as a banking service for corporate or                 and expansion of Big Data & Data Analytics technology
   institutional customers for integrated customer financial                capabilities by utilizing data for analytics & decision making
   management.                                                              as master data, as well as supporting services according
3. Addition and replacement of ATMs and CRM, to meet                        to customer needs and conducting data-based business
   customer needs in making transactions at Strategic, Visible              development
   & Secure locations.                                                   .
4. Further development focused on Government & Regulatory
   projects, in supporting government and regulator projects,
   such as the development of BI Fast and QRIS.




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Information and Technology
Infrastructure

Bank Syariah Indonesia (BSI) continues to improve its information technology infrastructure to accommodate business growth, number
of customers, and transactions. BSI is developing infrastructure in the form of implementing a Data Center to fulfill high availability with
the Intercity Data Center, increasing server infrastructure capacity, storage, and updating technology platforms, as well as implementing
Cloud to support application operations such as BYOND by BSI superapps. In addition, BSI is strengthening technology security and
resilience to cyber threats by implementing Extended Security Intelligence & Automation Management (XSIAM) and Multifactor
Authentication (MFA).




Information and Technology
Governance

The IT development process uses agile and/or waterfall methods           a. Implementation of ISO 27001:2022 certification.
regulated in the Software Development Life Cycle (SDLC). In its          b. Optimization of proactive activities such as threat hunting
implementation, there is a division of phases whose development             (darkweb) and takedown services against fake accounts or
starts from Planning, Design, Development, Testing, Release                 websites that use the name of BSI.
and Deployment to the production environment, to the Post                c. Implementation of Phishing simulations for internal
Implementation Review (PIR).                                                employees to increase cybersecurity awareness.


                                                                         TECHNOLOGY
2024 Cybersecurity Capability                                            Bank BSI has succeeded in increasing its cyber security
Improvement Strategy                                                     capabilities in the technology aspect as proven by BSI proven
                                                                         in the period from January to December 2024 BSI Scorecard
BSI's cybersecurity capability improvement strategy and steps            Rating is stable at the predicate "A", there were no major security
cover 3 (three) aspects, namely "People, Process & Technology".          incidents and there was an increase in the cyber security
                                                                         maturity score (OJK parameter) for the data period as of the end
PEOPLE                                                                   of December 2024.
As a step to improve human resource capabilities, several actions
have been taken, including:                                              Capabilities improvement and ongoing improvements will
a. Providing training and certification for 33 CSO employees.            continue to be carried out to support BSI's 2030 vision, namely
b. Fulfilling the positions of "vacant" employees at levels N2,          to make BSI the best in cyber security in the global Islamic
    N3 and N4 with a total of 12 employees.                              banking industry. People, Process, Technology aspects to
c. Fulfilling IT Security Awareness activities for internal and          achieve Strong Rating (Public & Internal), increasing the growing
    external.                                                            security maturity level, and a Lean and proactive organization in
                                                                         managing cyber security risks.
PROCESS
The process aspect is also a concern that is improved in terms
of cybersecurity capabilities by carrying out actions including:




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Mechanism of Disruption Identification

The mechanism of disruption identification at Bank Syariah Indonesia (BSI) has been regulated in general provisions related to Business
Continuity Management (BCM) and specifically in the Operational Technical Guidelines (PTO) of the Business Continuity Plan (BCP). In
the event of an IT disruption, the Bank handles it based on the stages of disaster event identification so that follow-up can be carried
out according to the identification results and the authority of the Crisis Management Team (CMT) organizational structure.



                       Business as
                                            Response                                   Recover                                 Restore
                         Usual


                                                                                                     Activation of Work
                       a                   b                  c      Mobilization to             d                         8
                                                                                                      Environment at
                                                                     Alternate Site
                                                                                                       Alternate Site

                                                                      Activation of
   Business              Disruption
                                                              e                                  e
                                                Impact               Work Equipment                                       Return to Main
 Continuity Plan       Identification                                                                  Data Recovery
                                                                                                                             Location
                                                Analysis            and Applications at
     (BCP)            and Escalation
                                                                      Alternate Site


                                                              f
                                                                             Business Process Recovery




Cyber Security Strategy

BSI implements all IT policies and standard procedures in the          1.   Security Project & QA
Bank and ensures that any information owned by IT user work            2.   Application Identity Management
units is well protected against any disruptions that could result      3.   Network Access & Data Protection
in losses due to the leakage of critical data or information. The      4.   IT Security Services
Bank ensures adequate security oversight in any IT system              5.   IT Security Operations
development or modification and ensures the Bank’s cyber               6.   Security Operation Center
resilience and security independently of the IT operational
management function. The application of the basic principles of        To supporting the digitalization of BSI banking services, a
cybersecurity at BSI, among others:                                    cybersecurity strategy was designed in line to secure BSI from
1. Information is an asset                                             cyber threats to digital platforms, both threats coming from outside
2. Risk compatibility                                                  and from within BSI. BSI also implements the NIST cybersecurity
3. Compliance with regulations                                         framework and other cybersecurity management frameworks used
4. Granting of approval                                                as global security practices in the financial industry.
5. Adaptable and measurable
6. System safe by design                                               In the period from January to December 2024, BSI's security
7. Layered defense                                                     posture consistently showed the Best Rating Performance
8. Segregation of duties and access restrictions                       (Strong Rating A) and was above the average Rating in the global
9. Accountability                                                      Financial Industry (Rating B). This Security Posture was assessed
10. Audit                                                              independently by Security ScoreCard, an agency engaged in the
11. Continuous improvement                                             global security rating industry based in the United States.


Criteria in the Cyber security controls used:                          In terms of industry practice, BSI has also been certified by
1. Confidentiality                                                     ISO 27001:2022 since February 2024 (certified by the British
2. Integrity                                                           Standard Institute/BSI), which is also an international standard
3. Availability                                                        cybersecurity qualification standard. BSI also received a
                                                                       Cybersecurity Maturity assessment result with a status of "High
Furthermore, BSI has established a Chief Security Officer Office       (Level 2)" according to the assessment by Ernst & Young (EY)
Group (CSO) work unit that manages cybersecurity and includes          with Cybersecurity measurements as regulated in OJK Circular
the following capabilities:                                            Letter No.29 of 2022.


                                                                       BSI will continue to develop and improve cybersecurity
                                                                       strategies and implementations continuously to ensure that


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customers always get safe and reliable services from BSI as a                     c.  If the disturbance cannot be handled and has the
financial, social and spiritual friend.                                               potential to become a crisis, the CMT Chairperson will
                                                                                      conduct a “Crisis Declaration” if action is needed.
                                                                             3.   Activation of Crisis Management Team Crisis Center
Disaster Recovery Strategy/Process                                                (CMTCC)
                                                                                  a. CM Service as the organizer, activates the Virtual or
In principle, the Bank’s need during a crisis condition is to create                  Physical CMTCC after receiving instructions from the
a business back to normal conditions. The disaster recovery                           CMT Chairperson.
process is an integration between Emergency Response (ER),                        b. The CMT can coordinate at the Virtual CMTCC or if
Business Continuity (BC), and Data Recovery (DR).                                     a meeting is required, it is conducted at the Physical
                                                                                      CMTCC.
The Bank has a crisis management procedure, which includes                        c. If the Main Physical CMTCC can be used, the CMT
identification of disruptions, crisis declaration process, and                        will gather in the CMTCC room. However, if the Main
activation of recovery activities. The Crisis Management Plan                         Physical CMTCC cannot be used, the Alternate Physical
procedure flow is as follows:                                                         CMTCC needs to be activated.
                                                                             4.   Activation of Recovery Activities and Periodic Reporting
                                                                                  a. The CMT Chairperson leads, coordinates, and instructs
                                  Disturbance
                                                                                      the Recovery Activities.
                                 Identification
                                 and Escalation                                   b. The Internal & External Communication Team
                                                                                      Coordinator, CM, ER, BC, DR Team Coordinators execute
           CMT                                               Crisis                   the communication, recovery plan and report progress
        Deactivation                                       Declaration
                                       1                                              to the CM/ ER/BC/DR Services, CMT Vice Chairperson,
                           7                       2                                  and CMT Chairperson.
                                                                                  c. The CM/ER/BC/DR Services is in charge of guiding and
                               Disaster Recovery                                      advising on recovery activities to the Communication
                               Strategy/Process                                       Team Coordinator, CM Team Coordinator, ER Team
  Extraordinary        6                               3
                                                                 CMTCC
      Event                                                                           coordinator, BC Team Coordinator, and DR Team
                                                                Activation
   Reporting                                                                          Coordinator.
                                5            5
                                                                                  d. After receiving progress reports, the CMT participates in
                                                                                      providing advice on recovery activities.
                                               Activation
                     Crisis                   of Recovery                    5.   Mechanism of Crisis Information Management
                  Information                  Activities                         a. Related parties convey the existence of negative articles
                  Management                  and Periodic
                                               Reporting                              in the media that risk the Bank’s reputation and have a
                                                                                      large impact.
                                                                                  b. The work unit related to the substance or matter in the
A detailed explanation of the crisis handling procedure is as follows:                negative article compiles a chronology.
1. Disturbance Identification and Escalation                                      c. If necessary, the reviewer unit can provide a review of
    a. The affected Party employees detect any Extraordinary                          the substance of the negative article and the chronology.
         Event disturbances and make corrective efforts.                          d. The negative article, chronology, and review are then
    b. The affected Employees/Parties then make a report and                          reviewed and analyzed by the Coordinator of the
         escalate it to the relevant Team Coordinator.                                Internal and/or External Communication Team.
    c. The Crisis Management (CM), Emergency Response (ER),                       e. The Coordinator of the Internal and/or External
         Business Continuity (BC), Disaster Recovery (DR) Team                        Communication Team then issues a proposal for
         Coordinator evaluates and analyzes the Extraordinary                         Information Management Strategies and Tactics and
         Event report. In evaluating and analyzing, the relevant Team                 requests approval from the CMT Chairperson.
         Coordinator may consult with the BCM Command Center.                     f. Upon approval, the CMT Chairperson ensures the
    d. If it has the potential to become a crisis, then the relevant                  implementation of the Strategy and Tactics. Then the
         Team Coordinator escalates to the Crisis Management                          Coordinator of Internal and/or External Communication
         Team (CMT) Chairperson.                                                      Team together with the Relevant Parties carry out the
2. Crisis Declaration                                                                 execution.
    a. The CMT Chairperson receives a report analyzing                            g. The Coordinator of Internal and/or External
         the disruption of an Extraordinary Event that has the                        Communication Team carries out the execution and
         potential to become a crisis.                                                continues to monitor and report.
    b. The report of disturbance that has the potential                      6.   Extraordinary Event Reporting/Crisis Communication
         to become a crisis is then verified. In conducting                       a. The CMT chairperson of the Head Office discusses and
         verification, the local CMT Chairperson can consult with                     orders the creation of the Extraordinary Event Reporting.
         the CMT/CMT Chairperson at the upper level.


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    b. The Coordinator of External Communication Team of the              7. Deactivation of Crisis Management Team (CMT)
       Head Office then collects information related to the needs            a. The External Communication Team, CM Team
       of external communication from the Related Parties.                      Coordinator, ER Team Coordinator, BC Team Coordinator,
    c. After obtaining the required data, the External                          DR Team Coordinator completed communication and
       Communication Team of the Head Office prepares a                         recovery activities at the affected locations.
       Press Release Draft and then requests approval from the               b. The CMT Chairperson evaluates the post-crisis and
       CMT Chairperson of the Head Office.                                      continues to communicate with the CMT.
    d. After the Press Release Draft is approved, the                        c. Once the crisis is considered over, then at the Region/Area/
       Coordinator of External Communication Team of the                        Branch/KLN level, the local CMT Chairperson declares the
       Head Office will consider organizing a Press Conference                  end of the crisis and operations return as usual.
       or conducting a Press Release.                                        d. At the Head Office level, the CMT Chairperson of the
    e. If conducting a Press Conference, the appointed                          Head Office declares the end of the crisis and then
       Bank Spokesperson is responsible for delivering and                      continues the handover of business-as-usual supervision
       responding to messages from external parties.                            to the Head of BCM.


Reporting System to the Board of Directors

With regard to reporting to the Board of Directors on IT dynamics, the Bank has procedures in place, as outlined below.

                                         IT Incident Crisis Escalation Process Flow




           Team 1 to 5
             Pre Crisis
           (IT Incident)

                                                       CMT Chairperson and                                CMT Chairperson and
                                                         Head of BCM                                        Head of BCM
                                                 • After receiving the update from GH               Coordinating with CMT members
                                                   IOG/CSO, the CMT Chairperson and/                at the Command Center
                                                   or Head of BCM will conduct a brief
                                                   analysis.
                                                 • With consideration of the analysis,
                                                   the Crisis Management Team (CMT) is
                                                   declared/activated.




• Receiving IT Incident Report
• Detecting the Problem
• Following up on incident handling
• Updating to DIR IT, DIR RISK, SOR IT
  and BCM
• Service Deactivation (according to
  authority)
                                                                                                              CMT Members
• Preparing Holding Statement &
  Reporting
• Preparing Switch Over                                                                               1    IOG            7   CSG
• SteerCo BCM
• Crisis declaration & CMT Activation                                                                 2    HCS            8   CFA
• Switch over decision
                                                                                                      3    CSO            9   PFA

                                                                                                      4    BCM           10   SPM
  Note:
  CM : Crisis Management                      DR : Disaster Recovery
                                                                                                      5    DSG           11   ASP
  ER : Emergency Response                     BCM : Business Continuity Management
  BC : Business Continuity                    CMT : Crisis Management Team
                                                                                                      6    DSG           12   Unit Support




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                                                                                       CMT Chairperson and Head of BCM:
                                                                                       Deactivating the CMT and compiling the
                                                                                       incident report

                                                                                       CSG & CCG: Publicizing that the service
                                                                                       has returned to normal

                                                                                       SME*): Research RCA
     CMT Chairperson and
       Head of BCM                                                                     SOR IT: RCA Research Supervision

                                                                                       *) Subject Matrix Expert (SME) is someone who
                                                                                          has expertise or ability in the field of work
                                                                                          according to their field



                                                                                                   CMT Members




                                              IOG/CSO:
                                              Reporting to CMT Chairperson and Vice
                                              Chairperson that services are back to
                                              normal

                                              SOR IT:
                                              Evaluating activities according to the
                                              escalation process flow



          CMT Members
CMT Chairperson and Head of BCM:
Reporting to Management and as Lead of
IT Incident Crisis

IOG / CSO / ASP:                                          GH IOG/CSO                         CMT Chairperson and
• Completion of Fixing/Switch Over
                                                            SOR IT                             Head of BCM
• Preparing a written report to the
  Regulator regarding the IT Incident: IOG
  -> non-Cyber Incident CSO -> Cyber
  Incident as the provisions:
  - Maximum 5 Working Days to OJK
     after the incident occurred (according
     to POJK 11 Year 2022)
  - Maximum 3 Working Days to BI
     related to payment system (OPG/
     TGM/DBO) after the incident
     occurred (according to PBI 23/6/
     PBI/2021)

SOR IT: Supervision on Reporting                    CMT Chairperson and
                                                                                                Board of Directors
Completion & Verification                             Head of BCM
ISG: PMO Coordinator

CSG: Courtesy & Press Release

CCG: Handling customer complaints

                                                             Business
through contact center and media

HCP & HCS: Internal Communication &
Employee Deployment                                        As Asual dan
SPM & CFA: Finance                                         Press Release
DSG: Network Coordinator (Region, Area
and Branch)

CPG: Support Compliance



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Information Technology
Management Structure

The IT management organization is led by the Director of              2. SEVP Digital Banking includes:
Information Technology with management under the IT                      a. Digital Banking Retail Group (DBR)
Directorate, which is supported by the following structures              b. Digital Banking Wholesale Group (DBW)
below it:                                                                c. Data & Decision Management Group (DDM)
1. SEVP Information Technology includes:                              3. Direct Supervision Work Units includes:
    a. IT Strategic Planning Group (ISG)                                 a. Digital Banking & E-Channel Operations Group (DBO)
    b. IT & Digital Development Group (IDG)                              b. Chief Information Security Office Group (CSO)
    c. IT Application Support Group (ASP)                                c. Senior Operational Risk Head IT (SORH-IT)
    d. IT Operation Group (IOG)




Future Strategy
for Information and Technology Development

Developing applications/platforms to acquire customers and meet customer needs in conducting financial, social and spiritual
transactions that focus on target consumer segments, MSMEs, and institutions.
1. Digital Solution for Consumer Retail and Wholesale               3. IT RASS (Reliability, Availability, Serviceability, Security)
    Developing innovative and efficient technology solutions           Developing reliable technology systems and infrastructure
    for consumer retail and wholesale businesses by optimizing         to support banking businesses with adaptive technological
    various operational aspects, such as digital transaction           innovations so that they are ready to answer future challenges.
    integration and personalization of customer experiences,           This is further strengthened by the Implementation of
    driving sustainable business growth.                               multi-cloud, Extended Security Intelligence & Automation
2. Business & Operation Transformation                                 Management (XSIAM), development of GenAI use cases, an
    Transformation of business and operational processes               example of which is the application of Smart Advisor Griya.
    related to transactions and financing is carried out to support
    centralization, simplification and automation of processes,
    so that effective and efficient services are achieved to meet
    customer needs.




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CORPORATE
GOVERNANCE
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GOVERNANCE




Commitment to Governance
Implementation

Implementing Best Governance Practices that are an Integral Part of Business Strategy
is Key to BSI's Long-Term Success

BSI always strives to improve the best practices of Good             creating harmony between the Bank's objectives and the
Corporate Governance (GCG) implementation according to               objectives of stakeholders so that they are well established.
national and international standards in the applicable industry.
This is important for BSI to deal with the risks and challenges,     The impact of GCG implementation on the Bank's financial
both from internal and external sources that are increasingly        performance can be reflected in sustainable growth. By
numerous and complex. Along with the development of laws             implementing environmental and social responsibility practices, it
and regulations, BSI always tries to update the provisions related   is expected that the Bank can build a strong reputation in meeting
to GCG that will be used as a guideline. BSI believes that the       increasingly challenging market demands. Therefore, BSI strives to
implementation of GCG according to the latest standards will         continue implementing GCG practices that are an integral part of
increase the added value for all Bank stakeholders, namely           the business strategy as the key to BSI's long-term success.




Achievement of Governance
Implementation
As the largest sharia bank in Indonesia and promoting the Vision     In 2024, as BSI had entered its third year after the merger, BSI
of becoming the Top 10 (ten) Sharia Banks globally, BSI always       achieved various achievements. In the governance aspect, it
moves forward to become a role model for other sharia banks          was proven by the Bank's position in the Corporate Governance
in Indonesia. BSI's commitment and consistency in maintaining        Perception Index (CGPI) by achieving the title of "Most Trusted"
and improving good governance practices can be interpreted as        category. BSI was assessed by external parties to maintain
a manifestation of performing a great mandate, a milestone for       superior, transparent, and sustainable Corporate Governance
the sharia banking economy in Indonesia.                             and operate a business in accordance with sharia principles.
                                                                     BSI's achievements, up to now, could not be separated from the


commitment of the Board of Directors, Board of Commissioners, and the role of the Sharia Supervisory Board and BSI personnel, who
performed business practices in accordance with business ethics and the Company's behavioral standards (Code of Conduct) in every
task and daily service as well as in conducting business relationships with customers, partners, and colleagues.




                                                       CGPI Award Charter 2024


     PT Bank Syariah Indonesia Tbk
292 2024 Annual Report
Page 295
For BSI, conducting business did not only use banking standards,               In term of GCG implementation, BSI obtained ISO 37301:2021
but also established sharia values (maqashid syariah) as the main              Compliance Management System Certificate, ISO 3701:2016
pillar. Sharia principles were an inseparable part and identity of             Anti-Bribery Management System Certificate, ISO 9001:2015
BSI in regulating BSI behaviors as a Bank and Public Company as                Quality Management System Certificate, ISO 22301:2019
well as principles that had to be maintained and implemented by                Business Continuity System Certificate, and ISO 2701:2022
BSI Personnel in achieving the Bank's goals in accordance with                 Information Security Management System Certificate.
BSI's Vision and Mission.




Roadmap
Corporate Governance
                      Awareness of GCG (Good Corporate Governance) implementation began at the time of the merger into BSI. BSI adopted
                      best practices from each legacy bank, which were then refined and implemented within BSI. BSI has also enhanced its GCG
                      implementation by taking the following steps:
                      • Establishment of committees under the coordination of the Board of Commissioners, namely:
                        - Audit Committee
                        - Risk Monitoring Committee
                        - Remuneration and Nomination Committee
                      • Establishment of a Corporate Secretary.
                      • Holding General Meetings of Shareholders (GMS) in accordance with the prevailing laws and regulations applicable to public
                        companies.
        2021          • Timely disclosure of information, including publication of financial reports, information, and material events or facts.
                      • Preparation of an Annual Report that is timely, adequate, clear, and accurate, with consideration for the interests of minority
                        shareholders.

                      In addition, BSI is also committed to anti-gratification, as evidenced by the signing of an Integrity Pact by all BSI employees. BSI
                      has also obtained ISO 37301:2016 for the Anti-Bribery Management System.

                      As part of its efforts to assess the quality of governance implementation, BSI participated in governance research and ranking
                      programs, namely the Corporate Governance Perception Index (CGPI), organized by an independent party. In the 2020 CGPI
                      program held in 2021 with the theme: “Building Company Resilience within the Framework of Good Corporate Governance”,
                      BSI earned the “Highly Trusted” predicate with a score of 88.89.

                      • Conducted a Rights Issue to strengthen BSI's capital structure.
                      • Became the first Sharia Bank to obtain ISO 37001:2021 certification for the Compliance Management System.
                      • As part of the ongoing improvement of Governance practices and as a form of commitment and consistency in its
        2022
                        implementation, BSI aligned its Governance practices by adopting the principles developed by the Organization for
                        Economic Cooperation and Development (OECD) and endorsed by the ASEAN Capital Market Forum (ACMF), known as the
                        ASEAN Corporate Governance (CG) Scorecard.

                      • Maintained ISO 37301:2021 Certification for the Compliance Management System and ISO 37001:2016 Certification for
                        the Anti-Bribery Management System.
                      • BSI once again achieved the “Highly Trusted” predicate with a score of 91.50 in the Corporate Governance Perception Index
        2023
                        (CGPI) assessment.
                      • Conducted four (4) dissemination sessions on strengthening gratification control in collaboration with the Corruption
                        Eradication Commission (KPK).

                      • BSI once again successfully maintained the ISO 37301:2021 Certification for the Compliance Management System.
                      • BSI successfully renewed the certification and expanded the scope of ISO 37001:2016 for the Anti-Bribery Management
                        System.
        2024          • As a manifestation of BSI’s commitment to implementing Good Corporate Governance and as a public company that
                        practices information transparency, BSI discloses its best practices adopting the ACGS principles on the Company’s website.
                      • For the first time, BSI conducted a compliance maturity assessment, reflecting the level of BSI’s compliance with internal
                        and external regulations as well as prevailing laws.




                                                                                                                   PT Bank Syariah Indonesia Tbk
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CORPORATE
GOVERNANCE




Basis and Guidelines
for Implementing GCG

As an Islamic bank, the primary foundation for implementing           e.   OJK Regulation No. 35/POJK.04/2014 concerning the
Sharia principles in all activities of BSI is the Quran and Hadith.        Corporate Secretary of Issuers or Public Companies.
These Sharia principles are executed by BSI with good corporate       f.   OJK Regulation No. 21/POJK.04/2015 concerning
governance, which adheres to various provisions and laws of                the Application of Guidelines for Open Company
the Republic of Indonesia regulating BSI as a limited liability            Governance and its amendments.
company, bank, and/or publicly listed company, as follows:            g.   OJK Regulation No. 31/POJK.04/2015 concerning
1. Law No. 40 of 2007 concerning Limited Liability Companies               Disclosure of Material Information or Facts by Issuers or
    as amended by Government Regulation in Lieu of Law No.                 Public Companies.
    2 of 2022 concerning Job Creation as stipulated into Law          h.   OJK Regulation No. 55/POJK.04/2015 regarding the
    based on Law No. 6 of 2023 concerning the Enactment                    Establishment and Guidelines for the Operation of Audit
    of Government Regulation in Lieu of Law No. 2 of 2022                  Committees.
    concerning Job Creation into Law.                                 i.   OJK Regulation No. 56/POJK.04/2015 regarding the
2. Law No. 8 of 1995 concerning the Capital Market as                      Establishment and Guidelines for the Preparation of
    amended by Law No. 4 of 2023 concerning the Development                Internal Audit Unit Charters.
    and Strengthening of the Financial Sector (“UU P2SK”).            j.   OJK Regulation No. 27/POJK.03/2016 concerning the
3. Law No. 21 of 2008 concerning Sharia Banking as amended                 Assessment of Competence and Fitness for Primary
    by UU P2SK.                                                            Parties of Financial Institutions.
4. Collection of Fatwas from the National Sharia Board -              k.   OJK Regulation No. 65/POJK.03/2016 regarding
    Indonesian Ulema Council.                                              the Implementation of Risk Management for Sharia
5. Regulations of Bank Indonesia (“PBI”) and Circular Letters              Commercial Banks and Sharia Business Units including
    of Bank Indonesia (“SEBI”) related to the implementation of            all changes and implementation provisions.
    governance, including:                                            l.   OJK Regulation No. 46 /POJK.03/2017 regarding
    a. PBI No. 11/33/PBI/2009 dated December 7, 2009,                      the Implementation of Compliance Functions for
        regarding the Implementation of Good Corporate                     Commercial Banks.
        Governance for Sharia Commercial Banks and Sharia             m.   OJK Regulation No. 11/POJK.04/2017 concerning
        Business Units, as repealed by POJK No. 2 of 2024                  Ownership Reports or Any Changes in Ownership of
        concerning the Implementation of Sharia Governance                 Shares of Public Companies.
        for Sharia Commercial Banks and Sharia Business Units.        n.   OJK Regulation No. 37/POJK.03/2019 concerning
    b. SEBI No. 12/13/DPbS dated April 30, 2010, concerning                Transparency and Publication of Bank Reports.
        the Implementation of Good Corporate Governance for           o.   OJK Regulation No. 39/POJK.03/2019 regarding the
        Sharia Commercial Banks and Sharia Business Units and              Implementation of Anti-Fraud Strategies for Commercial
        its amendments.                                                    Banks.
6. Regulations of the Financial Services Authority (“POJK”) and       p.   OJK Regulation No. 15/POJK.04/2020 concerning
    Circular Letters of the Financial Services Authority (“SEOJK”),        the Planning and Conduct of General Meetings of
    particularly concerning Governance, Annual Reports, Risk               Shareholders of Public Companies.
    Management, and various POJK and SEOJK related to the             q.   OJK Regulation No. 16/POJK.04/2020 concerning the
    implementation of governance, include:                                 Implementation of General Meetings of Shareholders of
    a. OJK Regulation No. 18/POJK.03/2014 regarding the                    Public Companies Electronically.
        Implementation of Integrated Governance for Financial         r.   OJK Regulation No. 16/POJK.03/2022 of 2022
        Conglomerates.                                                     concerning Sharia Commercial Banks.
    b. OJK Regulation No. 8/POJK.03/2014 concerning the               s.   OJK Regulation No. 17 of 2023 concerning the
        Assessment of the Health Level of Sharia Commercial                Application of Governance for Commercial Banks.
        Banks and Sharia Business Units.                              t.   OJK Regulation No. 9 of 2023 concerning the Use of
    c. OJK Regulation No. 33/POJK.04/2014 regarding the                    Public Accountant Services and Public Accounting Firms
        Board of Directors and Board of Commissioners of                   in Financial Services Activities.
        Issuers or Public Companies.                                  u.   OJK Regulation No. 2 of 2024 concerning the
    d. OJK Regulation No. 34/POJK.04/2014 regarding the                    Implementation of Sharia Governance for Sharia
        Nomination and Remuneration Committee of Issuers or                Commercial Banks and Sharia Business Units.
        Public Companies.




     PT Bank Syariah Indonesia Tbk
294 2024 Annual Report
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  v.  OJK Regulation No. 4 of 2024 concerning Ownership                           7. Regulation of the Minister of State-Owned Enterprises (SOE)
      Reports or Any Changes in Share Ownership of Public                            of the Republic of Indonesia (PERMEN BUMN), regulating
      Companies and Reports on Activities of Pledged Shares                          SOEs subsidiaries, such as PERMEN BUMN No. PER-3/
      of Public Companies.                                                           MBU/03/2023 concerning Organs and Human Resources of
  w. OJK circular letter No. 10/SEOJK.03/2020 concerning                             State-Owned Enterprises (SOE).
      Transparency and Publication of Reports of BUS and UUS.
  x. OJK Circular Letter No. 10/SEOJK.03/2020 on                                  Moreover, the Bank adopts various best governance standards
      Transparency and Publication of BUS and UUS Reports.                        that apply both domestically and internationally and increases
  y. OJK circular letter No. 15/SEOJK.03/2015 concerning                          the scope of GCG implementation, including as follows:
      the Application of Integrated Governance for Financial                      1. Principles of Corporate Governance developed by the
  z. OJK Circular Letter No. 32/SEOJK.04/2015 concerning                              Organization for Economic Cooperation and Development
      Guidelines for Public Company Governance.                                       (OECD).
  aa. OJK Circular Letter No. 13/SEOJK.03/2017 concerning                         2. ASEAN Corporate Governance (CG) Scorecard issued by the
      Implementation of Governance for Commercial Banks.                              ASEAN Capital Market Forum (ACMF).
  bb. OJK Circular Letter No. 25/SEOJK.03/2023 concerning                         3. Guidelines for Indonesian Corporate Governance (PUGKI)
      Implementation of Risk Management for Sharia                                    developed by the National Governance Policy Committee
      Commercial Banks and Sharia Business Units                                      (KNKG).
  cc. OJK Circular Letter No. 15/SEOJK.03/2024 concerning                         4. Principles for Enhancing Corporate Governance issued by
      Implementation of Sharia Governance for Sharia                                  the Basel Committee on Banking Supervision.
      Commercial Banks and Sharia Business Units.
  dd. Other related OJK Regulation and OJK Circular Letter.




Corporate Governance
Structure and Mechanism
Corporate Organ Structure


                                                                         Annual General Meeting

                                                                          Board of Commissioner

                                                     Risk Monitoring Committee           Remuneration & Nomination Committee                Audit Committee


                                                                         Board of Sharia Oversight

                                                                                 Sharia Committee

                                                                  Board of Director

                                                                                    Risk                  Police &
                   Business                               IT Streering                                                   Human Capital
                                        ALCO                                     Management              Procedure
                  Committee                               Committee                                                       Committee
                                                                                  Committee              Committee

                                                 Identification, Measurement, Mitigation, Control
                                                                                                                                                   Internal
                                                                                                                                                    Audit
                Business Unit                                                          Enterprise Risk
                                   Banking                          Senior Ops Risk                          Financing        Human
                  (Revenue                          Procurement                         Management
                                  Operational                           (SOR)                                 Strategy        Capital
                 Generating)                                                              (SKMR)

                                                                     Decentralized
                 Risk Taking      Operational       Information       Compliance                              Policy &      Compliance
                                                                                           Legal
                    Unit           Support          Technology        & Op. Risk                             Procedure      Working Unit
                                                                        (DCOR)

                                                                         1,5th
                                      1st Line                                                             2nd Line                                3rd Line
                                                                         Line

                                     Risk Owner                                          Independent Risk Management                    Independent Asurance

                                                                            Delegation, Direction &                        Alignment, Communication,
                                Accountability & Reporting
                                                                            Oversight                                      Coordination & Collaborations




                                                                                                                         PT Bank Syariah Indonesia Tbk
                                                                                                                                  2024 Annual Report
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GOVERNANCE




BSI optimizes all complementary organ functions in creating         6. Guidelines and Rules of Work (Charter) of the Nomination and
an effective control environment and supporting the integrity           Remuneration Committee, ratified in the Joint Decree (SKB)
of information used for reporting and decision-making, so it            of the Board of Directors and the Board of Commissioners
encourages the strengthening of the three-line model to realize         of PT Bank Syariah Indonesia Tbk No.01/001-SKB/Dirkom
soundness and sustainable growth and achieve BSI's goals                dated February 01, 2021 regarding the Establishment of the
without ignoring the interests of stakeholders.                         Guidelines and Rules of Work (Charter) of the Nomination
                                                                        and Remuneration Committee of PT Bank Syariah Indonesia
The BSI GCG structure is broadly divided into main and                  Tbk.
supporting bodies, each of which is supported by policies           7. Code of Ethics (Code of Conduct) of PT Bank Syariah
and procedures. More specifically, the Bank’s governance                Indonesia.
organizational structure includes:                                  8. Internal Audit Charter of PT Bank Syariah Indonesia Tbk,
1. General Meeting of Shareholders (GMS);                               ratified by the President Commissioner and President
2. Board of Commissioners;                                              Director of PT Bank Syariah Indonesia Tbk on September 27,
3. Sharia Supervisory Board;                                            2022.
4. Board of Directors;                                              9. Corporate Governance Policy of PT Bank Syariah
5. Committees under the Board of Commissioners;                         Indonesia Tbk.
6. Sharia Committee                                                 10. Anti-Fraud Policy of PT Bank Syariah Indonesia Tbk.
7. Committees under the Board of Directors.                         11. Risk Management Policy of PT Bank Syariah Indonesia Tbk.
                                                                    12. Policy on the Supplier/Vendor Selection Process for Goods
Governance Soft Structure                                               and Services Providers of PT Bank Syariah Indonesia Tbk.
                                                                    13. Operational Technical Guidelines for the Whistleblowing
To improve the quality and scope of sustainable governance, BSI         System (WBS) of PT Bank Syariah Indonesia Tbk.
has formulated and implemented a soft governance structure          14. Fund and Services Policy of PT Bank Syariah Indonesia Tbk.
to regulate the relationship between organs in BSI so that the      15. Anti-Bribery Commitment of PT Bank Syariah Indonesia Tbk,
duties, responsibilities, and authorities of each organ are clear       aligned with the Anti-Bribery Management System Standard
in accordance with applicable regulations, GCG principles,              (ISO 37001:2016).
soundness business ethics, or best practices. The existence
of a soft governance structure is a form of internalization of      Corporate Governance Mechanism
GCG in the Bank's business processes that enhances the GCG
infrastructure.                                                     Shareholders

BSI Governance Soft Structure is used as a framework and            Shareholders are individuals or legal entities who lawfully own
governance in the preparation of policies and implementation of     shares of the Bank. The Company’s shares are shares issued in
Bank activities, including:                                         the name of their registered owners listed in the Company’s
1. The Bank’s Articles of Association, which have been              Shareholders Register, consisting of:
    amended several times, most recently amended based on           1. Series A Dual-color Shares, which are special shares that can
    the Deed of the General Meeting of Shareholders (GMS)               only be owned by the Republic of Indonesia;
    Decision No. 37 dated May 17, 2024, drawn up by Ashoya          2. Series B Shares, which are ordinary shares that can be owned
    Ratam, S.H., M.Kn., Notary in South Jakarta, and approved           by the Republic of Indonesia and/or the public.
    by the Ministry of Law and Human Rights of the Republic of
    Indonesia, No. AHU-0035266.AH.01.02.Year 2024.                  Shareholders’ Rights
2. Rules of Procedure of the Board of Commissioners as ratified
    in the decision of the Board of Commissioners Number: KEP.      General Shareholders’ Rights
    KOM/001/2021 dated February 1, 2021.
3. Rules of Procedure of the Board of Directors as ratified in      Series A Dual-color Shareholders and Series B Shareholders
    the decision of the Board of Directors No.01/006-KEP/DIR        have the same rights, namely, each share grants 1 (one) voting
    dated February 1, 2021.                                         right. Unless otherwise specified in the Company’s Articles of
4. Guidelines and Rules of Work (Charter) of the Audit              Association, both Series A Dual-color shareholders and Series B
    Committee of PT Bank Syariah Indonesia Tbk No.04/KEP-           shareholders have the same rights outside of the Special Rights
    KOM/002/2024, ratified by the Board of Commissioners on         of Series A Dual-color Shares, including the following:
    July 1, 2024.                                                   1. Shareholders’ Rights related to the GMS:
5. Guidelines and Rules (Charter) of the Risk Monitoring                a. Requesting the convening of a GMS by 1 (one) or more
    Committee of PT Bank Syariah Indonesia Tbk No.04/KEP-                   shareholders representing at least 1/10 (one-tenth) of
    KOM/001/2024, ratified by the Board of Commissioners on                 the total number of shares with voting rights.
    1 July 2024.                                                        b. Proposing agenda items for the GMS by 1 (one) or more
                                                                            shareholders representing at least 1/20 (one-twentieth)
                                                                            of the total number of shares with voting rights.


     PT Bank Syariah Indonesia Tbk
296 2024 Annual Report
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    c. Approving matters in the GMS, including:                        General Meeting of Shareholders
       • Appointment and dismissal of members of the
            Board of Commissioners, Board of Directors, and            GMS Establishing Process
            Sharia Supervisory Board of the Bank.
       • Approving proposals for changes to the Bank’s                 The GMS consists of the Annual GMS and the Extraordinary
            Articles of Association while considering the              GMS. The Annual GMS must be held every year within no later
            quorum requirements for decisions.                         than 6 (six) months after the last fiscal year. Meanwhile, the
       • Approving the annual performance reports of the               Extraordinary GMS can be held at any time based on the needs
            Bank’s Directors and the supervision reports of the        for the interests of the Company.
            Bank’s Board of Commissioners.
       • Approving the remuneration of the Bank’s Board                GMS Venue
            of Commissioners, Board of Directors, and Sharia           1. GMS must be held in the territory of the Republic of
            Supervisory Board.                                            Indonesia.
       • Approving proposals for the allocation of the Bank’s          2. The Company must determine the venue and time of GMS
            profits, including dividend distributions.                    establishment.
    d. Shareholders, either individually represented by proxy,         3. The venue for establishing the GMS must be:
       have the right to attend the GMS and use their voting              a. The Company's domicile.
       rights at the GMS in proportion to the number of shares            b. The place where the Company conducts its main
       they own.                                                              business activities.
    e. Obtaining the publication of GMS materials no later                c. The provincial capital where the Company domiciles or
       than 21 (twenty-one) days before the GMS is held.                      its main business activities locate.
    f. Receiving explanations procedures before the GMS                   d. The province of the Stock Exchange where the
       begins.                                                                Company's shares are listed.
    g. The opportunity to ask questions or express relevant
       opinions on each agenda item discussed at the GMS.              GMS Notification
2   Other Rights:                                                      1. The Company must first submit notification of the meeting
    a. Receiving dividends and the remaining assets from                  agenda to the OJK no later than 5 (five) working days before
       liquidation in accordance with applicable regulations.             the announcement of the GMS, excluding the date of the
    b. Transferring share rights according to applicable                  GMS announcement.
       regulations and the Articles of Association.                    2. The meeting agenda must be disclosed clearly and in detail.
    c. The opportunity to participate in the Company’s capital         3. In case any change in the meeting agenda occurs, the
       increase according to applicable regulations.                      Company must submit the change in the agenda to the OJK
    d. Receiving Company information that is required to be               no later than the time of the GMS invitation.
       disclosed and/or announced to the public by laws and
       regulations.                                                    GMS Announcement
    e. Receiving equal treatment from BSI.                             1. The Company must announce the GMS to shareholders no
    f. Exercising other rights and/or authorities based on the BSI’s      later than 14 (fourteen) calendar days before the invitation
       Articles of Association and applicable laws and regulations.       to the GMS, excluding the announcement and the invitation
                                                                          dates.
Special Rights of Series A Dual-color Shares                           2. The announcement of the GMS must contain at least:
                                                                          a. Provisions regarding shareholders entitled to attend
Series A Dual-color Shareholders have special rights that are                 RUPS.
exclusive and only held by the Republic of Indonesia, namely:             b. Provisions regarding shareholders entitled to propose
1. The right to approve matters in the GMS as follows:                        the meeting agenda.
    a. Changes to the Company’s Articles of Association;                  c. The date of the RUPS.
    b. Changes to capital;                                                d. The date of the RUPS call.
    c. Mergers, consolidations, separations; and                          e. Information that the Company is holding a GMS
    d. Dissolution and takeover of the Company by another                     due to a request from shareholders or the Board of
        company.                                                              Commissioners, if the GMS is held at the request of
2. The right to establish the Company’s strategic guidelines                  shareholders or the Board of Commissioners.
    organically and non-organically.                                   3. GMS announcement to shareholders is minimally through
3. Propose the agenda of the GMS.                                         the e-GMS provider website, the stock exchange website,
4. Requesting and accessing Company data.                                 and the Company's website in Bahasa Indonesia and English
                                                                          versions.




                                                                                                    PT Bank Syariah Indonesia Tbk
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GMS Agenda Proposal
GMS agenda proposals may be submitted with the following provisions:
1. Shareholders may propose meeting agenda items in writing to the Board of Directors no later than 7 (seven) calendar days prior to
   the GMS summons.
2. Shareholders, who may propose meeting agenda items, are:
   a. Series A Dwiwarna shareholders.
   b. 1 (one) or more shareholders representing 1/20 (one twentieth) or more of the total shares with voting rights


GMS Summons
1. The Company must issue a summons to shareholders no later than 21 (twenty one) calendar days before the GMS date, excluding
   the summons and GMS dates.
2. GMS summons to shareholders are minimally through the website of the e-GMS provider, the website of the stock exchange and
   the Company's website in Bahasa Indonesia and English versions.


Implementation of the 2023 Annual GMS & Its Realization

                                                                                                         Summary of the
   Announcement               Announcement            Summoning               Implementation                                      GMS Results
                                                                                                            Minutes
 Notified to OJK on       Announced on April      Announced on April      The 2024 Annual GMS           Summary of Minutes     The results of
 March 28, 2024           5, 2024 via the         25, 2024 via the        was held on Friday,           of the 2024 Annual     the 2024 Annual
 Number 04/651-3/         Company's website,      Company's website,      May 17, 2024 at the           GMS was announced      General Meeting of
 DIR-CSG                  KSEI website, and BEI   KSEI website, and BEI   Aryanusa Ballroom,            on May 21, 2024 via    Shareholders were
                          website.                website.                Menara Danareksa,             the BSI Website, IDX   announced on June
                                                                          2nd Floor, Jalan Medan        Website, and KSEI      14, 2024 via the BSI
                                                                          Merdeka Selatan No.14,                               Website.
                                                                          Central Jakarta.


Independent Party in Vote Counting

The vote counting as the basis for decision making at the Meeting was conducted by PT Datindo Entrycom as the Securities
Administration Bureau and its validation was conducted by Ashoya Ratam, SH., M.Kn., Notary in Jakarta.


Attendance Recapitulation in The 2023 Annual GMS

The Board of Commissioners, Board of Directors and DPS were present at the 2023 Annual GMS were as follows.


 No.                          Name                                                    Position                                     Attendance
  1.     Hery Gunardi                                    President Director                                                           Present

  2.     Bob Tyasika Ananta                              Deputy President Director                                                    Present

  3.     Ngatari                                         Director of Retail Banking                                                   Present

  4.     Saladin D. Effendi                              Director of Information Technology                                           Present

  5.     Ade Cahyo Nugroho                               Director of Finance & Strategy                                               Present

  6.     Anton Sukarna                                   Director of Sales & Distribution                                             Present

  7.     Tribuana Tunggadewi                             Director of Compliance & Human Capital                                       Present

  8.     Grandhis Helmi Harumansyah                      Director of Risk Management                                                  Present

  9.     Zaidan Novari                                   Director of Wholesale Transaction Banking                                    Present

 10.     Moh. Adib                                       Director of Treasury & International Banking                                 Present

 11.     Muliaman D. Hadad                               President Commissioner concurrently Independent Commissioner               Not present

                                                         Deputy President Commissioner concurrently Independent
 12.     Adiwarman Azwar Karim                                                                                                        Present
                                                         Commissioner

 13.     Komaruddin Hidayat                              Independent Commissioner                                                     Present

 14.     Mohamad Nasir                                   Independent Commissioner                                                     Present

 15.     Suyanto                                         Commissioner                                                                 Present

 16.     Masduki Baidlowi                                Commissioner                                                                 Present




       PT Bank Syariah Indonesia Tbk
298 2024 Annual Report
Page 301
 No.                        Name                                                        Position                                     Attendance
 17.   Imam Budi Sarjito                                   Commissioner                                                                 Present

 18.   Sutanto                                             Commissioner                                                                 Present

 19.   Abu Rokhmad                                         Commissioner                                                                 Present

 20.   Prof. Dr. K.H. Hasanudin, M.Ag                      Chairman of the Sharia Supervisory Board                                     Present

 21.   Dr.K.H. Mohamad Hidayat, MBA, MH                    Member of the Sharia Supervisory Board                                       Present

 22.   Dr. H. Oni Sahroni, MA                              Member of the Sharia Supervisory Board                                       Present

 23.   Prof. Dr. K.H. Didin Hafidhuddin, M.Sc              Member of the Sharia Supervisory Board                                       Present



Resolution and Realization of The 2023 Annual GMS

                                                                    First Agenda
Approval of the Annual Report and the Supervisory Duties Report of the Board of Commissioners and Ratification of the Company's Financial
Statements for the fiscal year ending on December 31, 2023, including granting full release and discharge (volledig acquit et de charge) to members
of the Board of Directors and members of the Board of Commissioners of the Company in connection with the management and supervision of the
Company that had been conducted during the fiscal year ending on December 31, 2023, as long as these activities were reflected in the Annual
Report.

Voting Results
Agree: 43,669,226,396 votes or 99.6947192% of all shares with voting rights present at the Meeting.
Abstain: 102,741,680 votes or 0.2345543% of all shares with voting rights present at the Meeting.
Disagree: 30,980,313 votes or 0.0707265% of all shares with voting rights present at the Meeting.

None of questions or opinions from Shareholders was available.

Decision
1. Approving the Company's Annual Report including the Supervisory Report of the Company's Board of Commissioners for the fiscal year ending on
    December 31, 2023 and ratifying the Company's Financial Statements for the fiscal year ending on December 31, 2023, having been audited by the
    Public Accounting Firm Tanudiredja, Wibisana, Rintis & Rekan (a member firm of the PricewaterhouseCoopers Global network) in accordance with
    its report No.00026/2.1025/AU.1/07/0222-3/1/I/2024 dated January 30, 2024, with a fair opinion in all material respects.
2. Due to the approval of the Company's Annual Report including the Supervisory Report of the Company's Board of Commissioners for the fiscal
    year ending on December 31, 2023 and the ratification of the Company's Financial Statements for the fiscal year ending on December 31, 2023,
    the General Meeting of Shareholders granted full release and discharge (volledig acquit at de charge) to members of the Board of Directors for their
    management of the Company and to the Board of Commissioners for their supervisory actions of the Company that had been carried out during
    the fiscal year ending on December 31, 2023, as long as such actions did not constitute a criminal act and were reflected in the foregoing reports.

Follow-up: Realized

                                                                  Second Agenda
Approval of the use of the Company's net profit for the fiscal year ending December 31, 2023.

Voting Results
Agree: 43,700,583,339 votes or 99.7663056% of all shares with voting rights present at the Meeting
Abstain: 102,023,550 votes or 0.2329148% of all shares with voting rights present at the Meeting
Disagree: 341,500 votes or 0.0007796% of all shares with voting rights present at the Meeting

None of questions or opinions from Shareholders was available.




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 Decision
 Approving the use of the Company's Net Profit for the 2023 Fiscal Year as of IDR 5,703,743,109,251,- (five trillion seven hundred three billion seven
 hundred forty three million one hundred nine thousand two hundred fifty one Rupiah), as follows:
 1. 20% (twenty percent) or IDR 1,140,748,621,850,- (one trillion one hundred forty billion seven hundred forty eight million six hundred twenty one
     thousand eight hundred fifty Rupiah) was set as mandatory reserves.
 2. 15% (fifteen percent) or IDR 855,561,466,388,- (eight hundred fifty five billion five hundred sixty one million four hundred sixty six thousand three
     hundred eighty eight Rupiah) or IDR 18,5470451 (eighteen point five four seven zero four five one Rupiah) per share was determined as Cash
     Dividends. The payment was carried out with the following provisions:
     a) Dividends for the 2023 Fiscal Year were paid proportionally to each Shareholder whose name was registered in the Shareholders Register on
          the recording date.
     b) The Board of Directors was granted the authority and power with the right of substitution to perform:
          •    Stipulation of the schedule and distribution procedures related to the payment of Dividends for the 2023 Fiscal Year in accordance with
               applicable provisions.
          •    Dividend tax deductions in accordance with applicable tax regulations.
           • Other technical matters in accordance with applicable provisions.
 3.   65% (sixty five percent) or IDR 3,707,433,021,013,- (three trillion seven hundred seven billion four hundred thirty three million twenty one thousand
      thirteen Rupiah) was used as retained earnings.

 Follow-up: Realized

                                                                      Third Agenda
 Approval of the appointment of a Public Accounting Firm and Public Accountant to audit the Company's Financial Statements for the fiscal year
 ending on December 31, 2024 and the stipulation of the fees/honorarium.

 Voting Results
 Agree: 43,261,904,914 votes or 98.7648241% of all shares with voting rights present at the Meeting
 Abstain: 102,095,650 votes or 0.2330794% of all shares with voting rights present at the Meeting
 Disagree: 438,947,825 votes or 1.0020965% of all shares with voting rights present at the Meeting

 None of questions or opinions from Shareholders was available.

 Decision
 1. Approving the appointment of Public Accounting Firm Tanudiredja, Wibisana, Rintis and Rekan (a member firm of the PricewaterhouseCoopers Global
     network) and Public Accountant Lucy Luciana Suhenda to audit the Company's Financial Statements and other reports for the 2024 Fiscal Year.
 2. Approving the granting of authority and power to the Company's Board of Commissioners to perform:
     a. Appointment of a Public Accounting Firm and/or Public Accountant to conduct an audit of the Company's Financial Statements for other
          periods in the 2024 Fiscal Year for the purposes and interests of the Company; and
     b. Stipulation of audit service fees and other requirements for the Public Accounting Firm and/or Public Accountant referred to in point 1 and 2
          letter a above as well as the appointment of a Substitute Public Accounting Firm and/or Public Accountant in case the Public Accounting Firm
          of Tanudiredja, Wibisana, Rintis and Rekan (a member firm of the PricewaterhouseCoopers Global network) and/or Public Accountant Lucy
          Luciana Suhenda, for any reason whatsoever, could not complete the provision of audit services for the Company's Financial Statements for
          the 2024 Fiscal Year and/or other reports in the 2024 Fiscal Year, including the stipulation of audit service fees and other requirements for the
          Substitute Public Accounting Firm and/or Public Accountant.

 Follow-up: Realized

                                                                     Fourth Agenda
 Stipulation of bonuses for members of the Company's Board of Directors and Board of Commissioners, as well as bonuses for members of the
 Company's Sharia Supervisory Board for the fiscal year ending on December 31, 2023, and determination of salaries for members of the Board of
 Directors and honorariums for members of the Board of Commissioners and Sharia Supervisory Board, including the provision of facilities, benefits
 and/or other allowances for the 2024 fiscal year.

 Voting Results
 Agree: 43,015,157,594 votes or 98.2015119% of all shares with voting rights present at the Meeting
 Abstain: 102,105,607 votes or 0.2331021% of all shares with voting rights present at the Meeting
 Disagree: 685,685,188 votes or 1.5653859% of all shares with voting rights present at the Meeting

 None of questions or opinions from Shareholders was available.




      PT Bank Syariah Indonesia Tbk
300 2024 Annual Report
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Decision
1. Granting authority and power to PT Bank Mandiri (Persero), Tbk. as the Company's Most Shareholder of Series B after consulting with Shareholders
    of Series A Dwiwarna to determine for the Members of the Board of Directors and Board of Commissioners of the Company:
    a. Tantiem for performance in the 2023 Fiscal Year and/or the 2024-2026 Long-Term Incentive, in accordance with applicable provisions; and
    b. Salary/honorarium, allowances, and facilities for the 2024 fiscal year.
2. Granting authority and power to the Board of Commissioners of the Company by obtaining previously written approval from PT Bank Mandiri
    (Persero), Tbk. as the Company's Most Shareholder of Series B after consulting with Shareholders of Series A Dwiwarna to determine for the
    Members of the Sharia Supervisory Board:
    a. Bonus for performance in the 2023 Fiscal Year; and
    b. Remuneration for the 2024 Fiscal Year in the context of supervising the Company's business activities based on sharia principles.

Follow-up: Realized

                                                                    Fifth Agenda
Realization Report of Funds Utilization from the Capital Increase by Granting Preemptive Rights I (“PMHMETD I”).

Voting Results
This agenda was report. Therefore, the Company did not make voting for Meeting’s resolution.

None of questions or opinions from Shareholders was available.

Decision
This agenda was report. Therefore, the Company did not make voting for Meeting’s resolution.

Follow-up: Realized

                                                                    Sixth Agenda
Approval of the Company’s Changes to Articles of Association.

Voting Results
Agree*: 41,728,719,882 votes or 95.2646372% of all shares with voting rights present at the Meeting
Abstain: 102,027,250 votes or 0.2329232% of all shares with voting rights present at the Meeting
Disagree: 1,972,201,257 votes or 4.5024395% of all shares with voting rights present at the Meeting
*Including 1 (one) Series A Dwiwarna Share in accordance with the Special Rights held by the Series A Dwiwarna Shareholder.

None of questions or opinions from Shareholders was available.

Decision
1. Approving the changes to the Company's Articles of Association to adjust to the following laws and regulations: (a) Law Number 4 of 2023 dated January
    12, 2023 concerning the Development and Strengthening of the Financial Sector; (b) Financial Services Authority Regulation Number 17 of 2023 dated
    September 14, 2023 concerning the Implementation of Governance for Commercial Banks; (c) Financial Services Authority Regulation Number 2 of 2024
    concerning the Implementation of Governance for Sharia Commercial Banks and/or Sharia Business Units; and (d) other related regulations.
2. Approving to rearrange provisions in the Company's Articles of Association in connection with the changes referred to in point 1 (one) above, where
    all appendixed of the articles of association were enclosed to the minutes of the notarial deed.
3. Granting authority and power to the Company's Board of Directors with the right of substitution to take all necessary actions related to the
    decisions of the Meeting, including but not limited to compile and restate the entire Company's Articles of Association in a Notarial Deed, adjust
    changes to the Company's Articles of Association if required by the authorized agency and submit to the authorized agency to obtain approval and
    acknowledgment of notification of the Company's Changes to Articles of Association as well as exercise everything deemed necessary and useful
    for this purpose without any exclusion.

Follow-up: Realized

                                                                  Seventh Agenda
Approval of the Company’s Changes to Management.

Voting Results
Agree: 41,781,044,082 votes or 95.3840908% of all shares with voting rights present at the Meeting
Abstain: 102,028,550 votes or 0.2329262% of all shares with voting rights present at the Meeting
Disagree: 1,919,875,757 votes or 4.3829829% of all shares with voting rights present at the Meeting

None of questions or opinions from Shareholders was available.




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 Decision
 1. Honorably dismissed:
     a. Hery Gunardi as President Director of the Company;
     b. Ngatari as Director of Retail Banking of the Company;
     c. Tribuana Tunggadewi as Director of Compliance & Human Capital of the Company;
     d. Ade Cahyo Nugroho as Director of Finance & Strategy of the Company;
     e. Anton Sukarna as Director of Sales & Distribution of the Company;
     f. Moh Adib as Director of Treasury & International Banking of the Company;
     g. Adiwarman Azwar Karim as Deputy President Commissioner and Independent Commissioner of the Company;
     h. Suyanto as Commissioner of the Company;
     i.   Masduki Baidlowi as Commissioner of the Company;
     j.   Imam Budi Sarjito as Commissioner of the Company;
     k. Sutanto as Commissioner of the Company;
     l.   Komaruddin Hidayat as Independent Commissioner of the Company;
     m. Hasanudin as Chairman of the Company's Sharia Supervisory Board;
     n. Mohamad Hidayat as a Member of the Company's Sharia Supervisory Board;
     o. Oni Sahroni as a Member of the Sharia Supervisory Board;
     p. Didin Hafidhuddin as a Member of the Sharia Supervisory Board;
     effective from the closing date of the 2023 Annual GMS with gratitude for the contribution of energy and ideas provided during his term of office
     as a member of the Board of Directors, member of the Board of Commissioners and member of the Company's Sharia Supervisory Board.
 2. Re-appointing for the second period:
     a. Hery Gunardi as President Director of the Company;
     b. Tribuana Tunggadewi as Director of Compliance & Human Capital of the Company;
     c. Ade Cahyo Nugroho as Director of Finance & Strategy of the Company;
     d. Anton Sukarna as Director of Sales & Distribution of the Company;
     e. Adiwarman Azwar Karim as Deputy Main Commissioner Concurrently as Independent Commissioner of the Company;
     f. Suyanto as Commissioner of the Company;
     g. Masduki Baidlowi as Commissioner of the Company;
     h. Komaruddin Hidayat as Independent Commissioner of the Company;
     i.   Hasanudin as Chairman of the Company's Sharia Supervisory Board;
     j.   Mohamad Hidayat as a Member of the Company's Sharia Supervisory Board;
     k. Oni Sahroni as a Member of the Sharia Supervisory Board;
     Effective from the closing date of the Annual GMS for the 2023 Fiscal Year and expired at the closing of the third Annual GMS since their
     appointment, held in 2027, but without reducing the right of the GMS to dismiss at any time in accordance with the Company's Articles of
     Association.
 3. Confirming the honorable dismissal of M. Arief Rosyid Hasan as Independent Commissioner of the Company effective since dated November 6,
     2023 with gratitude for the contribution of energy and ideas given during his term of office as a member of the Company's Board of Commissioners.
 4. Appointing:
     a. Harry Gusti Utama as Director of Retail Banking of the Company;
     b. Ari Rizaldi as Director of Treasury & International Banking of the Company;
     c. Fauzi as Commissioner of the Company;
     d. Nazaruddin as Commissioner of the Company;
     e. Felicitas Tallulembang as Independent Commissioner of the Company;
     f. Jaih Mubarok as a member of the Company's Sharia Supervisory Board;
     g. Abdul Ghofur Maimoen as a member of the Company's Sharia Supervisory Board;
     Effective from the closing date of the Annual GMS for the 2023 Fiscal Year and expired at the closing of the third Annual GMS since their
     appointment, held in 2027, but without reducing the right of the GMS to dismiss at any time in accordance with the Company's Articles of
     Association. The stipulation of the foregoing appointment was effective since obtaining approval from the Financial Services Authority for the fit
     and proper test.
 5. Granting authority and power to the Company's Board of Directors to follow up on Meeting’s resolutions regarding reporting to regulators and
     other related agencies




      PT Bank Syariah Indonesia Tbk
302 2024 Annual Report
Page 305
Effective from the closing date of the 2023 Annual General Meeting of Shareholders, the composition of the Company's Management is as follows:
 BOARD OF COMMISSIONERS
 President Commissioner concurrently Independent                :     Muliaman D. Hadad
 Commissioner
 Deputy President Commissioner concurrently Independent         :     Adiwarman Azwar Karim
 Commissioner
 Commissioner                                                   :     Suyanto
 Commissioner                                                   :     Masduki Baidlow
 Commissioner                                                   :     Abu Rokhmad
 Independent Commissioner                                       :     Komaruddin Hidayat
 Independent Commissioner                                       :     Mohamad Nasir
 Commissioner                                                   :     Fauzi*
 Commissioner                                                   :     Nazaruddin*
 Independent Commissioner                                       :     Felicitas Tallulembang*


 BOARD OF DIRECTORS
 President Director                                             :     Hery Gunardi
 Deputy President Director                                      :     Bob Tyasika Ananta
 Director of Compliance & Human Capital                         :     Tribuana Tunggadew
 Director of Finance & Strategy                                 :     Ade Cahyo Nugroho
 Director of Sales & Distribution                               :     Anton Sukarna
 Director of Wholesale Transaction Banking                      :     Zaidan Novari
 Director of Information Technology                             :     Saladin D. Effendi
 Director of Risk Management                                    :     Grandhis Helmi Harumansyah
 Director of Retail Banking                                     :     Harry Gusti Utama*
 Director of Treasury & International Banking                   :     Ari Rizaldi*


 SHARIA SUPERVISORY BOARD
 Chairman                                                       :     Prof. Dr. K.H. Hasanudin, M.Ag
 Member                                                         :     Dr. H. Mohamad Hidayat, M.B.A, M.H
 Member                                                         :     Dr. H. Oni Sahroni, M.A
 Member                                                         :     Prof. Dr. Jaih Mubarok, S.E., M.H., M.Ag*
 Member                                                         :     Dr. KH. Abdul Ghofur Maimoen, M.A*

Note:
*The appointment was effective upon obtaining approval from the Financial Services Authority for the fit and proper test.

Follow-up: Realized



Implementation of The Annual GMS for The 2022 Fiscal Year and Its Realization

                                                                                                        Summary of the
    Notification              Announcement            Summoning                Implementation                                      GMS Results
                                                                                                           Minutes
Notified to OJK on       Announced on April       Announced on April       The 2023 Annual GMS         Summary of Minutes      The results of the
April 5, 2023 Number     13, 2023 via the         28, 2023 via the         will be held on Monday,     of the 2023 Annual      2023 Annual GMS
03/609-3/DIR-CSG         Company's website,       Company's website,       May 22, 2023 at 14.45       GMS was announced       were announced on
                         KSEI website, and BEI    KSEI website, and BEI    – 16.13 WIB, at Wisma       on 24 May 2023          June 27, 2023 via the
                         website.                 website.                 Mandiri 1, 11th Floor,      via the Company's       Company's website.
                                                                           JL M.H. Thamrin Kav. 5      website.
                                                                           Jakarta 10350.




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Independent Vote Counting Party

The vote counting as the basis for decision making at the Meeting was conducted by PT Datindo Entrycom as the Securities
Administration Bureau and its validation was conducted by Ashoya Ratam, SH., M.Kn., Notary in Jakarta.


Attendance Recapitulation In The 2022 Annual GMS

All members of the Board of Commissioners, Board of Directors and DPS were present at the 2022 Annual GMS. The members of the
Board of Commissioners, Board of Directors and DPS, who were

  No.                              Name                                                                   Position                  Attendance
   1.     Hery Gunardi                                                  President Director                                             Present

   2.     Bob Tyasika Ananta                                            Deputy President Director                                      Present

   3.     Ngatari                                                       Director of Retail Banking                                     Present

   4.     Saladin D. Effendi                                            Director of Information Technology                             Present

   5.     Ade Cahyo Nugroho                                             Director of Finance & Strategy                                 Present

   6.     Anton Sukarna                                                 Director of Sales & Distribution                               Present

   7.     Tribuana Tunggadewi                                           Director of Compliance & Human Capital                         Present

   8.     Grandhis Helmi Harumansyah                                    Director of Risk Management                                    Present

   9.     Zaidan Novari                                                 Director of Wholesale Transaction Banking                      Present

  10.     Moh. Adib                                                     Director of Treasury & International Banking                   Present

                                                                        President Commissioner concurrently as Independent
  11.     Muliaman D. Hadad                                                                                                            Present
                                                                        Commissioner

  12.     Adiwarman Azwar Karim                                         Independent Commissioner                                       Present

  13.     Komaruddin Hidayat                                            Independent Commissioner                                       Present

  14.     Mohamad Nasir                                                 Independent Commissioner                                       Present

  15.     Suyanto                                                       Commissioner                                                   Present

  16.     Masduki Baidlowi                                              Commissioner                                                   Present

  17.     Imam Budi Sarjito                                             Commissioner                                                   Present

  18.     Sutanto                                                       Commissioner                                                   Present

  19.     Abu Rokhmad                                                   Commissioner                                                   Present

  20.     Prof. Dr. K.H. Hasanudin, M.Ag                                Chairman of the Sharia Supervisory Board                       Present

  21.     Dr.K.H. Mohamad Hidayat, MBA, MH                              Member of the Sharia Supervisory Board                         Present

  22.     Dr. H. Oni Sahroni, MA                                        Member of the Sharia Supervisory Board                         Present

  23.     Prof. Dr. K.H. Didin Hafidhuddin, M.Sc                        Member of the Sharia Supervisory Board                         Present

* Effective after obtaining approval from the Financial Services Authority for the fit and proper test.



Resolutions and Realization of The 2022 Annual GMS

                                                                                    First Agenda
 Approval of the Annual Report and Supervisory Duties Report of the Board of Commissioners as well as Ratification of the Company’s Financial Report
 for the financial year ended December 31, 2022, including granting full release and discharge of responsibility (volledig acquit et de charge) to all
 members of the Company’s Board of Directors and Board of Commissioners pertaining to the management and supervision of the Company that had
 been carried out during the f inancial year ended December 31, 2022, as long as these activities are reflected in the Annual Report.

 Voting Results
 Agree: 43,674,736,431 votes or 99.7457892% of all shares with voting rights present at the Meeting
 Abstain: 56,022,255 votes or 0.1279455% of all shares with voting rights present at the Meeting
 Disagree: 55,286,609 votes or 0.1262654% of all shares with voting rights present at the Meeting

 There is 1 opinion from the Shareholder.




        PT Bank Syariah Indonesia Tbk
304 2024 Annual Report
Page 307
Decision
1. Approved the Company’s Annual Report, including the Board of Commissioners’ Supervisory Duties Report for the financial year ended
    December 31, 2022, and ratified the Company’s Financial Report for the financial year ended December 31, 2022, which had been audited by the
    Tanudiredja, Wibisana, Rintis & Rekan Public Accounting Firm (a member firm of the PwC global network), according to Report No. 00026/2.1025/
    AU.1/07/0222-2/1/I/2023 dated January 30, 2023 with a qualified opinion in all material respects.

2.   With the approval of the Company’s Annual Report, including the Supervisory Duties Report of the Company’s Board of Commissioners for the
     financial year ended December 31, 2022 and the ratification of the Company’s Financial Report for the financial year ended December 31, 2022,
     the GMS provided full release and discharge of responsibility (volledig acquit et de charge) to all members of the Board of Directors for their
     management actions of the Company and the Board of Commissioners for their supervisory actions of the Company which had been carried out
     during the financial year ended December 31, 2022, as long as these actions do not constitute criminal acts and have been reflected in the reports..

Follow-up: Realized

                                                                   Second Agenda
Approval of the use of the Company’s net profit for the f inancial year ended December 31, 2022.

Voting Results:
Agree: 43,730,252,213 votes or 99.8725779% of all shares with voting rights present at the Meeting
Abstain: 55,759,725 votes or 0.1273459% of all shares with voting rights present at the Meeting
Disagree: 33,357 votes or 0.0000762% of all shares with voting rights present at the Meeting

There is 1 opinion from the Shareholder.

Decision
1. Approved and determined the use of the Company’s net profit for the 2022 financial year to the amount of Rp4,260,181,677,875,- (four trillion two
    hundred sixty billion one hundred eighty one million six hundred seventy seven thousand eight hundred seventy five Rupiah), as follows:
    a. 20.0% of the Company’s Net Profit or Rp852,036,335,575,- (eight hundred fifty-two billion thirty-six million three hundred thirty-five thousand
         five hundred and seventy-five Rupiah) was set aside as the Company’s mandatory reserves.
    b. 10.0% of the Company’s Net Profit or at least Rp426,018,167,788,- (four hundred twenty-six billion eighteen million one hundred sixty-seven
         thousand seven hundred and eighty-eight Rupiah) was set aside for Dividends.
    c. A total of 70.0% of the Company’s Net Profit or Rp2,982,127,174,512,- (two trillion nine hundred eighty two billion one hundred twenty seven
         million one hundred seventy four thousand five hundred and twelve Rupiah) was posted as the Company’s retained earnings.
2. Delegated authority and power to the Board of Directors to regulate the above procedures for allocating the Company’s net profit in accordance
    with applicable laws and regulations.

Follow-up: Realized

                                                                    Third Agenda
Approval of the appointment of a Public Accounting Firm and Public Accountant to audit the Company’s Financial Statements for the f inancial year
ended December 31, 2023 and the determination of fees/ honorarium.

Voting Results
Agree: 43,730,285,561 votes or 99.8726541% of all shares with voting rights present at the Meeting
Abstain: 55,759,725 votes or 0.1273459% of all shares with voting rights present at the Meeting
Disagree: 9 votes or 0.0000000% of all shares with voting rights present at the Meeting

There are no questions or opinions from Shareholders.

Decision
1. Appointed the Public Accounting Firm Tanudiredja, Wibisana, Rintis & Partners (a member firm of the PwC global network) and Public Accountant
    M. Jusuf Wibisana, to audit the Company’s Financial Report for the financial year ended December 31, 2023.
2. Delegated authority and power to the Board of Commissioners to determine the honorarium and other requirements for the Public Accounting
    Firm and Public Accountants, as well as appoint a replacement Public Accounting Firm and/or Public Accountant in the case of the Tanudiredja,
    Wibisana, Rintis & Rekan (a member f irm of the PwC global network) Public Accounting Firm and/or Public Accountant M. Jusuf Wibisana, for
    whatever reason fail to complete the audit process of the Company’s Financial Statements for the financial year ended 31 December 2023. If there
    is a change in Public Accounting Firm and/or Public Accountant, the Board of Commissioners shall provide a report to Shareholders.

Follow-up: Realized

                                                                   Fourth Agenda
Determination of tantiem for members of the Company’s Boards of Directors and Commissioners and bonuses for members of the Company’s
Sharia Supervisory Board for the financial year ended December 31, 2022, and determination of salaries for members of the Board of Directors and
honorarium for members of the Board of Commissioners and Sharia Supervisory Board, including provision of facilities and benefits and/or other
allowances for the 2023 financial year

Voting Results
Agree: 43,337,078,325 votes or 98.9746346% of all shares with voting rights present at the Meeting
Abstain: 55,765,961 votes or 0.1273601% of all shares with voting rights present at the Meeting
Disagree: 393,201,009 votes or 0.8980053% of all shares with voting rights present at the Meeting

There are no questions or opinions from Shareholders.




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 Decision
 Delegated authority and power to the Board of Commissioners after approval from the largest number of Series B Controlling Shareholders and being
 known by other Controlling Shareholders to determine:
 1. Bonuses for the performance of members of the Board of Directors and Board of Commissioners, as well as bonuses for the performance of
     members of the Sharia Supervisory Board for the financial year ended December 31, 2022.
 2. Salaries for members of the Board of Directors and honorarium for the Board of Commissioners and provision of facilities, benefits and/ or other
     allowances for the 2023 financial year.
 3. Honorarium and/or allowances for members of the Sharia Supervisory Board for the 2023 financial year..

 Follow-up: Realized

                                                                      Fifth Agenda
 Report on the Realization of the Use of Funds from Additional Capital by Providing Pre-emptive Rights I (“PMHMETD I”) in 2022.

 This agenda item constitutes a report. Therefore, the Company did not vote to make decisions at the Meeting.

 There are no questions or opinions from Shareholders.

 Decision

 This agenda item constitutes a report. Therefore, the Company did not vote to make decisions at the Meeting.

                                                                      Sixth Agenda
 Approval of the Company’s Recovery Plan.

 Voting Results
 Agree: 43,730,251,914 votes or 99.8725773% of all shares with voting rights present at the Meeting
 Abstain: 55,759,725 votes or 0.1273459% of all shares with voting rights present at the Meeting
 Disagree: 33,656 votes or 0.0000769% of all shares with voting rights present at the Meeting

 There are no questions or opinions from Shareholders.

 Decision
 Approved the Company’s Recovery Plan in order to comply with the provisions of POJK No. 14/POJK.03/2017 concerning Recovery Plan for Systemic
 Banks.

 Follow-up: Realized

                                                                    Seventh Agenda
 Approval of Changes in Company Management.

 Voting Results
 Agree: 42,235,569,738 votes or 96.4589733% of all shares with voting rights present at the Meeting
 Abstain: 58,265,601 votes or 0.1330689% of all shares with voting rights present at the Meeting
 Disagree: 1,492,209,956 votes or 3.4079578% of all shares with voting rights present at the Meeting

 There are no questions or opinions from Shareholders.

 Decision
 1. Dismissed with honor:
     a. Sdr. Achmad Syafii as Director of Information Technology;
     b. Sdri. Tiwul Widyastuti as Director of Risk Management;
     c. Sdr. Nizar Ali as Commissioner;
     effective on the closing date of the 2022 Annual GMS with thanks for the contribution of energy & thoughts given while serving as a member of
     the Board of Directors and Board of Commissioners of the Company.
 2. Transfer of assignment of Adiwarman Azwar Karim from previously President Commissioner and Independent Commissioner, who was appointed
     based on the decision of the Extraordinary GMS in 2021, to Vice President Commissioner and Independent Commissioner with a term of office
     continuing the remaining term of office in accordance with the decision of the relevant GMS for appointment.
 3. Appointed:
     1. Sdr. Saladin D. Effendi as Director of Information Technology;
     2. Sdr. Grandhis as Director of Risk Management;
     3. Sdr. Muliaman D. Hadad as the Main Commissioner and Independent Commissioner;
     4. Sdr. Abu Rokhmad as Commissioner;
     Effective on the closing date of the Annual GMS for the 2022 Financial Year and will end at the closing of the third Annual GMS since his appointment,
     which will be held in 2026, but without reducing the right of the GMS to dismiss him at any time in accordance with the Company’s Articles of
     Association. The appointment above is effective upon obtaining approval from the Financial Services Authority for the fit and proper test..




      PT Bank Syariah Indonesia Tbk
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Page 309
 4.   Delegated authority and power to the Company’s Directors to follow up on Meeting decisions regarding reporting to regulators and other related
      agencies. Effective the closing date of the Annual GMS for the 2022 financial year, the composition of the Company’s management is follows:
       BOARD OF COMMISSIONERS
       President Commissioner concurrently Independent Commissioner               :     Muliaman D. Hadad*
       Deputy President Commissioner concurrently Independent                     :     Adiwarman Azwar Karim
       Commissioner
       Commissioner                                                               :     Suyanto
       Commissioner                                                               :     Masduki Baidlow
       Commissioner                                                               :     Imam Budi Sarjito
       Commissioner                                                               :     Sutanto
       Independent Commissioner                                                   :     M. Arief Rosyid Hasan
       Independent Commissioner                                                   :     Komaruddin Hidayat
       Independent Commissioner                                                   :     Mohamad Nasir
       Commissioner                                                               :     Abu Rokhmad*


       BOARD OF DIRECTORS
       President Director                                                         :     Hery Gunardi
       Deputy President Director                                                  :     Bob Tyasika Ananta
       Director of Retail Banking                                                 :     Ngatari
       Director of Finance & Strategy                                             :     Ade Cahyo Nugroho
       Director of Sales & Distribution                                           :     Anton Sukarna
       Director of Compliance & Human Capital                                     :     Tribuana Tunggadew
       Director of Wholesale Transaction Banking                                  :     Zaidan Novar
       Director of Treasury & International Banking                               :     Moh. Adib
       Director of Information Technology                                         :     Saladin D. Effendi*
       Director of Risk Management                                                :     Grandhis Helmi Harumansyah*

 *The appointment is effective upon obtaining approval from the Financial Services Authority for the fit and proper test.

 Follow-up: Realized



GMS Resolution in The Fiscal Year And 1 (One) Year Before The Fiscal Year Realized Into The Fiscal Year

All resolutions of the 2023 GMS had been realized in 2024 and the 2022 GMS had been realized in 2023. Therefore, there were no
resolutions of the 2023 GMS and 2022 GMS that had not been realized in 2024.



Board of Directors

The Board of Directors is tasked with carrying out all actions related to the management of the Company within the limitations as
regulated in laws and regulations, the articles of association, and/or decisions of the General Meeting of Shareholders. The execution
of these tasks is accountable to the GMS.


Duties and Responsibilities of The Board of Directors

The Board of Directors is tasked with carrying out all actions related to the management of Bank Syariah Indonesia for the benefit
of the Bank and in accordance with the purposes and objectives of BSI include leading and managing the Bank including leading the
management team in the process of preparing and evaluating the Bank’s strategy at least annually. In carrying out its duties, the Board
of Directors continues to observe and comply with the provisions and represents BSI, both in and out of court, on all matters and events,
within the limitations as regulated in laws and regulations, the Articles of Association, and/or decisions of the RUPS.




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Directors' Field of Duties

The division of duties of the Board of Directors was as follows.


Table of Directors' Duties
                 Name                                        Position                                             Assigned Task
 Hery Gunardi                               President Director                           Supervise all Board of Directors, ESG Group and Operation Group
 Bob Tyasika Ananta                         Deputy President Director                    Supervise all Board of Directors, ESG Group and Operation Group
 Ngatari*                                   Director of Retail Banking                   Supervising all Groups in charge of Retail Banking, namely
                                                                                         Institutional Banking, Alternative Channel & Government Project,
 Harry Gusti Utama**                        Director of Retail Banking                   SME Business, Micro Business, Islamic Ecosystem Solution, and EBO.
                                                                                         Supervise SEVP Human Capital, Compliance & AML-CTF Group,
 Tribuana Tunggadewi                        Director of Compliance & Human Capital       Legal Group, Corporate Secretary & Communication Group and
                                                                                         Data Protection Group.
                                                                                         Supervise SEVP Consumer Product Solution, Distribution Strategy
                                                                                         Group, Retail Deposit Solution Group, Transaction Banking Retail
 Anton Sukarna                              Director of Sales & Distribution
                                                                                         Group, Wealth Management Group, Regional Office Group and
                                                                                         SORH Distribution & Consumer Group.
                                                                                         Supervise SEVP Corporate Strategy, Strategic Planning &
                                                                                         Performance Management Group, Corporate Finance &
 Ade Cahyo Nugroho                          Director of Finance & Strategy
                                                                                         Accounting Group, Procurement & Fixed Asset Group, and SORH
                                                                                         Corporate Center.
                                                                                         Supervising all Groups in charge of Wholesale Transaction Banking,
 Zaidan Novari                              Director of Wholesale Transaction Banking    namely Corporate Business 1, 2 and 3 as well as Commercial
                                                                                         Business 1, 2 and 3.
                                            Director of Treasury & International
 Moh. Adib*                                                                              Supervising all Groups in charge of Treasury & International
                                            Banking
                                                                                         Banking, namely Treasury & Global Market, International &
                                            Director of Treasury & International         Financial Institution, Office of Chief Economist
 Ari Rizaldi**
                                            Banking
 Saladin Dharmanugraha Effendi              Director of Information Technology           Supervising SEVP Information Technology and Digital Banking
 Grandhis Helmi Harumansyah                 Director of Risk Management                  Supervising SEVP Wholesale Risk and Retail & Consumer Risk

*Stop serving since dated May 17, 2024.
**Starting to serve since dated May 17, 2024.


Rights and Authorities of The Board of Directors                                        restructuring and/or debt settlement, and other actions in the
                                                                                        context of the Company’s profit-sharing, with an obligation
The Board of Directors has rights and authorities including:                            to report to the Board of Commissioners, the provisions and
1. Establishing policies deemed appropriate in the management                           reporting procedures of which are determined by the Board
   of the Company.                                                                      of Commissioners.
2. Regulating provisions regarding the Company’s employees                           8. Undertaking all other actions and activities regarding the
   including determining wages, pensions or old-age benefits,                           management or ownership of the Company’s assets, binding
   and other income for the Company’s employees based on                                the Company with other parties and/or other parties with
   applicable laws and regulations.                                                     the Company, and representing the Company in and out of
3. Appointing and dismissing the Company’s employees based                              court on all matters and events, with limitations as regulated
   on the Company’s labor regulations and applicable laws and                           in laws and regulations, Articles of Association, and/or
   regulations.                                                                         decisions of the General Meeting of Shareholders.
4. Regulating the delegation of authority of the Board of
   Directors to represent the Company in and out of court                            Board of Director’s Term of Office
   to one or several Directors specifically appointed for that
   purpose or to one or several Company employees, either                            1. Directors are appointed by the General Meeting of Shareholders
   individually or jointly, or to another entity.                                       (GMS) for a period starting from the closing of the GMS that
5. Appointing and dismissing the Head of the Internal Audit                             appoints them or as otherwise determined by the GMS, and
   Unit with the approval of the Board of Commissioners.                                ending at the closing of the third Annual General Meeting of
6. Writing off non-performing loans in accordance with the                              Shareholders (GMS) after their appointment. However, this
   provisions stipulated in this Articles of Association and                            does not diminish the right of the RUPS to terminate a Director
   subsequently reporting them.                                                         before the end of their term by stating the reasons. Such
7. Not collecting principal, margin, ujrah, and other profit-                           termination takes effect from the closing of the GMS, unless
   sharing beyond the principal amount done in the context of                           otherwise determined by the GMS.




       PT Bank Syariah Indonesia Tbk
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2. The appointment of Directors will be effective after obtaining       1. Authority to Act
   approval from the OJK or upon fulfillment of the requirements        2. Organization and Division of Tasks
   stipulated in the OJK approval letter related to the Fit and         3. General Policies
   Proper Test, and other relevant authorities (if any), and has been   4. Ethics and Working Hours
   approved by the Shareholders through the GMS.                        5. Meeting Regulations
3. Directors whose terms have expired may be reappointed for a          6. Committees
   maximum of 2 (two) consecutive terms, or a maximum of 6 (six)        7. Senior Executive Vice President
   years since their appointment, subject to applicable regulations.    8. Correspondence
                                                                        9. Miscellaneous
Criteria for The Board of Directors                                     10. Amendments
                                                                        11. Conclusion
Parties eligible as members of the Board of Directors are
individuals who are domiciled in Indonesia and meet the                 Dual Position Policy of The Board of Directors
following criteria at the time of appointment and while in office:
1. Shall have good morals, intention, and integrity                     Members of the Board of Directors are prohibited from holding
2. Shall be able to take legal actions                                  other positions as stated below:
3. Within 5 (five) years prior to appointment and while in office:      1. As a member of the board of directors, member of the
     a. Has never been declared bankrupt;                                   board of commissioners, member of the sharia supervisory
     b. Has never been a member of the Board of Directors and/              board, or executive officer at a bank, company, and/or other
         or a member of the Board of Commissioners convicted                institution;
         guilty of causing a company to be declared bankrupt;           2. In the field of functional duties at a bank financial institution
     c. Has never been convicted of committing a criminal act               and/or non-bank financial institution domiciled in or outside
         that is detrimental to state finances and/or related to            the country;
         the financial sector; And                                      3. In other positions that may give rise to a conflict of interest
     d. Has never been a member of the Board of Directors and/              in carrying out duties as a member of the Board of Directors;
         or the Board of Commissioners that while in office::               and/or
         • Failed to hold an annual GMS                                 4. In other positions in accordance with the provisions of laws
         • Had their accountability as a member of the                      and regulations
              Board of Directors and/or member of the Board
              of Commissioners not accepted by the GMS or               Each member of the Board of Directors must not violate the
              failed to provide accountability as a member of the       provisions on concurrent positions. All Directors do not hold
              Board of Directors and/or member of the Board of          concurrent positions either in other companies or other institutions.
              Commissioners to the GMS; And
         • Caused a company that obtained a permit, approval            Management of Conflicts of Interest
              or registration from the OJK to fail to meet its
              obligation to submit an annual report and/or              If something happens where the Bank's interests conflict with the
              financial report to the OJK.                              personal interests of one of the members of the Board of Directors,
4. Shall not assume any other position made regulatory                  then the Bank will be represented by another member of the Board
     impermissible to them as Member of the Board of Directors          of Directors who does not have a conflict of interest and in the case
     expect by signing a statement of willingness to resign from        where the Bank has interests that conflict with the interests of all
     that other position once elected as a Member of the Board          members of the Board of Directors, then in this case the Bank will be
     of Directors;                                                      represented by the Board of Commissioners or a person appointed
5. Shall have a commitment to comply with regulatory                    by the Board of Commissioners. In the event that there are no
     provisions; And                                                    members of the Board of Commissioners, the GMS will appoint one
6. Shall have knowledge and/or expertise in the field required          or more to represent the Bank in carrying out these duties.
     by the Company
                                                                        Board of Directors Meeting
Board of Directors’ Working Procedures (Charter)
                                                                        Meeting Policy
In carrying out its duties, the Board of Directors of Bank Syariah
Indonesia adheres to the Board of Directors Charter ratified            The Board of Directors has a meeting policy that has been
based on the Board of Directors Decision Letter No. 01/006-             regulated in the Board of Directors' Rules of Procedure. The
KEP/DIR dated February 1, 2021 concerning the Board of                  Board of Directors' meeting policy is as follows:
Directors Charter of PT Bank Syariah Indonesia Tbk. The                 1. The Board of Directors’ Meeting may be held at any time if:
contents of the Board of Directors Charter include the following:           a. It is deemed necessary by one or more members of the
                                                                                Board of Directors; or




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    b. Upon written request from one or more members of the                     the parties, must state the interest in the Board of Directors’
         Board of Commissioners.                                                Meeting and is not entitled to participate in voting on matters
2. The Board of Directors must hold regular Board of Directors                  relating to the transaction or contract, unless the Board of
    meetings at least 1 (one) time every month and the Board                    Directors’ Meeting determines otherwise.
    of Directors must hold regular Board of Directors meetings              15. Decision-making at the Board of Directors Meeting is based
    with the Board of Commissioners at least 1 (one) time every                 on deliberation and consensus.
    3 (three) months.                                                       16. In case any decision is not reached by deliberation and
3. The Board of Directors’ Meeting as referred to in point (2) of               consensus, the decision is made based on the majority vote,
    this Article may be held, is valid, and has the right to make               such as the approval of more than 1/2 (one half) of the
    binding resolutions if attended by more than 1/2 (one half)                 members of the Board of Directors present.
    of the total members of the Board of Directors present or               17. Dissenting opinions that occur in decisions of the Board of
    represented at the meeting.                                                 Directors’ Meeting must be clearly stated in the minutes of
4. The presence of members of the Board of Directors at                         the Board of Directors’ Meeting along with the reasons for
    meetings must be disclosed in the Company's annual report.                  the dissenting opinions.
5. The Board of Directors must schedule a meeting for the                   18. The results of the meeting are stated in the minutes of the
    following year before the end of the fiscal year.                           meeting, signed by all members of the Board of Directors
6. At scheduled meetings, meeting materials are submitted to                    present, and submitted to all members of the Board of Directors.
    participants no later than 5 (five) calendar days before the            19. The results of the meeting are stated in the minutes of the
    meeting is held.                                                            meeting, signed by the members of the Board of Directors
7. In case a meeting is held outside the scheduled time,                        and members of the Board of Commissioners present, and
    the meeting materials will be submitted to the meeting                      submitted to all members of the Board of Directors and
    participants no later than before the meeting is held.                      members of the Board of Commissioners.
8. The summons for the Board of Directors’ Meeting shall be                 20. In case there are members of the Board of Directors and/
    made by a member of the Board of Directors, who is entitled                 or members of the Board of Commissioners who do not
    to represent the Board of Directors. The summons for the                    sign the results of the meeting, the said person must state
    Board of Directors’ Meeting must be delivered by any means in               the reasons in writing in a separate letter attached to the
    written form to each member of the Board of Directors no later              minutes of the Meeting.
    than 5 (five) calendar days before the Meeting is held, excluding       21. Minutes of the Board of Directors’ Meeting must be
    the date of the Summons and the date of the Meeting, or                     documented by the Company.
    within a shorter time if in urgent circumstances. If all members        22. Minutes of the Board of Directors’ Meeting are valid
    of the Board of Directors are present or represented, the prior             evidence of the Decisions taken in the relevant Board of
    Summons is not required and the Board of Directors’ Meeting                 Directors’ Meeting, both for the members of the Board of
    shall be entitled to make valid and binding resolutions.                    Directors and for third parties. Blank votes (abstain) are
9. The summons must include the agenda, date, time, and                         deemed to approve the proposal submitted in the meeting.
    venue of the meeting.                                                   23. Invalid votes are deemed to not exist and are not counted in
10. Board of Directors meetings are held at the Company's                       determining the number of votes cast in the meeting.
    domicile or at the place of business activities, at the domicile        24. The Board of Directors may also make valid and binding
    of the Stock Exchange, at the place where the Company's                     decisions without holding a Board of Directors’ Meeting,
    shares are listed, or at another place within the territory of              provided that all members of the Board of Directors have
    the Republic of Indonesia.                                                  been notified in writing of the said proposals and members.
11. The Board of Directors Meeting is chaired by the President              25. The Board of Directors gives approval regarding the proposal
    Director. In case the President Director is absent or                       submitted in writing and signs the approval.
    prevented from attending the Board of Directors Meeting                 26. Resolutions taken in this manner have the same legal standing
    for any reason, which does not need to be proven to a third                 as resolutions taken legally in a Board of Directors’ Meeting.
    party, one of the members of the Board of Directors, who is             27. Board of Directors’ Meetings may also be conducted via
    present and selected at the Board of Directors Meeting, may                 teleconference, video conference, or other electronic media
    chair the Board of Directors’ Meeting.                                      that allows all Board of Directors’ Meeting participants to see
12. A member of the Board of Directors may be represented at a                  and/or hear each other directly and participate in the Board of
    Board of Directors’ Meeting only by another member of the                   Directors’ Meeting, with the provision that the minutes of the
    Board of Directors based on a power of attorney.                            Meeting using a conference telephone or similar communication
13. Each member of the Board of Directors present is entitled                   equipment will be made in writing and circulated among all
    to cast 1 (one) vote and an additional 1 (one) vote for each                members of the Board of Directors’ Meeting participating in
    other member of the Board of Directors represented by him/                  the meeting, to be signed. Decisions taken in this manner have
    her based on a power of attorney.                                           the same force as decisions taken legally in a Board of Directors’
14. Each member of the Board of Directors who personally in any                 Meeting. Provisions regarding Board of Directors’ Meetings that
    way, either directly or indirectly, has an interest in a transaction,       have not been regulated in these articles of association refer to
    contract or proposed contract, in which the Company is one of               the OJK Regulation and other applicable provisions and laws
                                                                                and regulations

      PT Bank Syariah Indonesia Tbk
310 2024 Annual Report
Page 313
The Board of Directors’ Meeting Plan

The Board of Directors’ Meeting plan in 2024 was as follows



       Month                              Agenda                                     Month                          Agenda

                       •   Performance Report Update December 2023                               •   Performance Report Update June 2024
 January                                                                      July
                       •   Business Strategy                                                     •   Business Strategy

                       •   Performance Report Update January 2024                                •   Performance Report Update July 2024
 February                                                                     August
                       •   Business Strategy                                                     •   Business Strategy

                       •   Performance Report Update February 2024                               •   Performance Report Update August 2024
 March                                                                        September
                       •   Business Strategy                                                     •   Business Strategy

                       •   Performance Report Update March 2024                                  •   Performance Report Update September 2024
 April                                                                        October
                       •   Business Strategy                                                     •   Business Strategy

                       •   Performance Report Update April 2024                                  •   Performance Report Update October 2024
 May                                                                          November
                       •   Business Strategy                                                     •   Business Strategy

                       •   Performance Report Update May 2024                                    •   Performance Report Update November 2024
 June                                                                         December
                       •   Business Strategy                                                     •   Business Strategy




Agenda, Date, and Participants of The Board of Directors’ Meeting

During 2024, agenda, date, and participant of the Board of Directors’ Meeting were as follows.


Table of the Board of Directors’ Meeting


 No            Date                       Meeting Agenda                               Meeting participants                    Attendance
  1.     January 9,          •   Loss Branch Update                        Hery Gunardi                                           Present
         2024                •   BEWIZE Update
                                                                           Bob Tyasika Ananta                                     Present
                             •   Low Cost Fund Strategy (Giro Savings)
                                                                           Ngatari                                                Present
                                                                           Tribuana Tunggadewi                                    Present
                                                                           Anton Sukarna                                          Present
                                                                           Ade Cahyo Nugroho                                      Present
                                                                           Zaidan Novari                                          Present
                                                                           Moh. Adib                                              Present
                                                                           Saladin Dharmanugraha Effendi                          Present
                                                                           Grandhis Helmi Harumansyah                             Present
  2.     January 16,         •   Update Revision of Loss Branch            Hery Gunardi                                           Present
         2024                •   Update Performance Report December
                                                                           Bob Tyasika Ananta                                     Present
                                 2023
                                                                           Ngatari                                                Present
                                                                           Tribuana Tunggadewi                                  Not present
                                                                           Anton Sukarna                                          Present
                                                                           Ade Cahyo Nugroho                                    Not present
                                                                           Zaidan Novari                                          Present
                                                                           Moh. Adib                                              Present
                                                                           Saladin Dharmanugraha Effendi                          Present
                                                                           Grandhis Helmi Harumansyah                           Not present
  3.     January 23,         •   Update on Digital & Transaction Banking   Hery Gunardi                                           Present
         2024                    Workshop Results
                                                                           Bob Tyasika Ananta                                     Present
                             •   BEWIZE Marketing Update
                                                                           Ngatari                                                Present




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 No          Date                      Meeting Agenda                                Meeting participants   Attendance
                                                                         Tribuana Tunggadewi                  Present
                                                                         Anton Sukarna                        Present
                                                                         Ade Cahyo Nugroho                    Present
                                                                         Zaidan Novari                        Present
                                                                         Moh. Adib                            Present
                                                                         Saladin Dharmanugraha Effendi        Present
                                                                         Grandhis Helmi Harumansyah           Present
  4.     January 31,      Retirement Appreciation Update, Inauguration   Hery Gunardi                         Present
         2024             of BSI Alumni Association and BSI Excellence
                                                                         Bob Tyasika Ananta                   Present
                          Award (BEA)
                                                                         Ngatari                              Present
                                                                         Tribuana Tunggadewi                  Present
                                                                         Anton Sukarna                        Present
                                                                         Ade Cahyo Nugroho                  Not present
                                                                         Zaidan Novari                        Present
                                                                         Moh. Adib                          Not present
                                                                         Saladin Dharmanugraha Effendi        Present
                                                                         Grandhis Helmi Harumansyah           Present
  5.     February 13,     Presentation of Proposed Time and Agenda       Hery Gunardi                         Present
         2024             of Annual GMS for the 2023 Fiscal Year and
                                                                         Bob Tyasika Ananta                   Present
                          Proposed Threshold - Limit of Authority of
                          Directors Requiring Approval of Board of       Ngatari                              Present
                          Commissioners, Majority PSP and GMS at PT
                                                                         Tribuana Tunggadewi                  Present
                          Bank Syariah Indonesia Tbk
                                                                         Anton Sukarna                        Present
                                                                         Ade Cahyo Nugroho                    Present
                                                                         Zaidan Novari                        Present
                                                                         Moh. Adib                            Present
                                                                         Saladin Dharmanugraha Effendi        Present
                                                                         Grandhis Helmi Harumansyah           Present
  6.     February 20,     •   Regulatory Issues Strategic Initiatives    Hery Gunardi                         Present
         2024             •   Proposal of the 2024 ATM and CRM
                                                                         Bob Tyasika Ananta                   Present
                              Procurement
                          •   Performance Report in January 2024         Ngatari                              Present
                                                                         Tribuana Tunggadewi                  Present
                                                                         Anton Sukarna                        Present
                                                                         Ade Cahyo Nugroho                    Present
                                                                         Zaidan Novari                        Present
                                                                         Moh. Adib                            Present
                                                                         Saladin Dharmanugraha Effendi        Present
                                                                         Grandhis Helmi Harumansyah           Present
 7.     March 6, 2024     •   Update on BSI & Mandiri H2H ATM            Hery Gunardi                         Present
                              Synergy Cooperation
                                                                         Bob Tyasika Ananta                 Not present
                          •   Update on Safari Ramadhan 1445 H
                                                                         Ngatari                              Present
                                                                         Tribuana Tunggadewi                  Present
                                                                         Anton Sukarna                        Present
                                                                         Ade Cahyo Nugroho                  Not present
                                                                         Zaidan Novari                        Present
                                                                         Moh. Adib                            Present
                                                                         Saladin Dharmanugraha Effendi        Present
                                                                         Grandhis Helmi Harumansyah           Present




       PT Bank Syariah Indonesia Tbk
312 2024 Annual Report
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No         Date                     Meeting Agenda                                  Meeting participants                    Attendance
8.    March 14,        Performance Report in February 2024              Hery Gunardi                                           Present
      2024
                                                                        Bob Tyasika Ananta                                     Present
                                                                        Ngatari                                                Present
                                                                        Tribuana Tunggadewi                                    Present
                                                                        Anton Sukarna                                          Present
                                                                        Ade Cahyo Nugroho                                      Present
                                                                        Zaidan Novari                                          Present
                                                                        Moh. Adib                                              Present
                                                                        Saladin Dharmanugraha Effendi                          Present
                                                                        Grandhis Helmi Harumansyah                             Present
9.    March 19,        •   March 2024 Projection                        Hery Gunardi                                           Present
      2024             •   Fee Based Income Update
                                                                        Bob Tyasika Ananta                                     Present
                       •   SME and Micro Update
                       •   SLIK Update                                  Ngatari                                                Present
                                                                        Tribuana Tunggadewi                                    Present
                                                                        Anton Sukarna                                          Present
                                                                        Ade Cahyo Nugroho                                      Present
                                                                        Zaidan Novari                                          Present
                                                                        Moh. Adib                                              Present
                                                                        Saladin Dharmanugraha Effendi                          Present
                                                                        Grandhis Helmi Harumansyah                             Present
10.   March 24,        •   IT Incident Management 3/23/2024             Hery Gunardi                                           Present
      2024             •   Anticipating a spike in transactions ahead
                                                                        Bob Tyasika Ananta                                     Present
                           of Eid and Tax Payments on March 31,
                           2024                                         Ngatari                                                Present
                                                                        Tribuana Tunggadewi                                    Present
                                                                        Anton Sukarna                                          Present
                                                                        Ade Cahyo Nugroho                                      Present
                                                                        Zaidan Novari                                          Present
                                                                        Moh. Adib                                              Present
                                                                        Saladin Dharmanugraha Effendi                          Present
                                                                        Grandhis Helmi Harumansyah                             Present
11.   March 26, 2024   Operational Risk at KCP Rantau Prapat            Hery Gunardi                                           Present
                                                                        Bob Tyasika Ananta                                     Present
                                                                        Ngatari                                                Present
                                                                        Tribuana Tunggadewi                                  Not present
                                                                        Anton Sukarna                                          Present
                                                                        Ade Cahyo Nugroho                                      Present
                                                                        Zaidan Novari                                          Present
                                                                        Moh. Adib                                            Not present
                                                                        Saladin Dharmanugraha Effendi                          Present
                                                                        Grandhis Helmi Harumansyah                             Present
12.   April 3, 2024    •   BSI University Update                        Hery Gunardi                                           Present
                       •   Sirius Project Progress Update
                                                                        Bob Tyasika Ananta                                   Not present
                                                                        Ngatari                                              Not present
                                                                        Tribuana Tunggadewi                                    Present
                                                                        Anton Sukarna                                          Present
                                                                        Ade Cahyo Nugroho                                      Present
                                                                        Zaidan Novari                                          Present
                                                                        Moh. Adib                                              Present




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 No           Date                     Meeting Agenda                               Meeting participants   Attendance
                                                                        Saladin Dharmanugraha Effendi        Present
                                                                        Grandhis Helmi Harumansyah           Present
 13.     April 23, 2024   Performance Report in March 2024              Hery Gunardi                       Not present
                                                                        Bob Tyasika Ananta                   Present
                                                                        Ngatari                              Present
                                                                        Tribuana Tunggadewi                Not present
                                                                        Anton Sukarna                        Present
                                                                        Ade Cahyo Nugroho                  Not present
                                                                        Zaidan Novari                        Present
                                                                        Moh. Adib                            Present
                                                                        Saladin Dharmanugraha Effendi        Present
                                                                        Grandhis Helmi Harumansyah           Present
 14      April 26, 2024   Request for Approval of Proposed Resolution   Hery Gunardi                         Present
                          of the 2023 Annual GMS
                                                                        Bob Tyasika Ananta                   Present
                                                                        Ngatari                              Present
                                                                        Tribuana Tunggadewi                  Present
                                                                        Anton Sukarna                        Present
                                                                        Ade Cahyo Nugroho                    Present
                                                                        Zaidan Novari                        Present
                                                                        Moh. Adib                            Present
                                                                        Saladin Dharmanugraha Effendi        Present
                                                                        Grandhis Helmi Harumansyah           Present
 15.     May 2, 2024      BSI Corporate Plan Update                     Hery Gunardi                         Present
                                                                        Bob Tyasika Ananta                   Present
                                                                        Ngatari                              Present
                                                                        Tribuana Tunggadewi                  Present
                                                                        Anton Sukarna                        Present
                                                                        Ade Cahyo Nugroho                    Present
                                                                        Zaidan Novari                        Present
                                                                        Moh. Adib                            Present
                                                                        Saladin Dharmanugraha Effendi        Present
                                                                        Grandhis Helmi Harumansyah           Present
 16.      May 7, 2024     TPF Development Strategy for Institutions     Hery Gunardi                         Present
                                                                        Bob Tyasika Ananta                 Not present
                                                                        Ngatari                              Present
                                                                        Tribuana Tunggadewi                  Present
                                                                        Anton Sukarna                        Present
                                                                        Ade Cahyo Nugroho                  Not present
                                                                        Zaidan Novari                        Present
                                                                        Moh. Adib                            Present
                                                                        Saladin Dharmanugraha Effendi        Present
                                                                        Grandhis Helmi Harumansyah           Present
 17.    May 14, 2024      •   Performance Report in April 2024          Hery Gunardi                         Present
                          •   Review on Branch Service & E-Channel
                                                                        Bob Tyasika Ananta                 Not present
                                                                        Ngatari                            Not present
                                                                        Tribuana Tunggadewi                  Present
                                                                        Anton Sukarna                        Present
                                                                        Ade Cahyo Nugroho                    Present




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No         Date                   Meeting Agenda                                       Meeting participants                    Attendance
                                                                         Zaidan Novari                                            Present
                                                                         Moh. Adib                                                Present
                                                                         Saladin Dharmanugraha Effendi                          Not present
                                                                         Grandhis Helmi Harumansyah                               Present
18    May 21, 2024   •   BSI RKAP & RBB Review 2024-2026                 Hery Gunardi                                             Present
                     •   5-Year Capital Strategy
                                                                         Bob Tyasika Ananta                                     Not present
                     •   Product Profitability & CM per Directorate
                                                                         Tribuana Tunggadewi                                    Not present
                                                                         Anton Sukarna                                          Not present
                                                                         Ade Cahyo Nugroho                                        Present
                                                                         Zaidan Novari                                            Present
                                                                         Saladin Dharmanugraha Effendi                            Present
                                                                         Grandhis Helmi Harumansyah                               Present
                                                                         Harry Gusti Utama                                        Present
                                                                         Ari Rizaldi                                              Present
19.   May 28, 2024   •   Update on the Revision of BSI RBB 2024-         Hery Gunardi                                             Present
                         2026
                                                                         Bob Tyasika Ananta                                       Present
                     •   Update on Fee Based Income
                     •   Proposed Authority to Decide on Final           Tribuana Tunggadewi                                      Present
                         Price & Issuance Size Sustainability of BSI
                                                                         Anton Sukarna                                            Present
                         Sukuk
                     •   Request for Advancement & Charge of             Ade Cahyo Nugroho                                        Present
                         Operational Risk Incidents Related to Illegal
                                                                         Zaidan Novari                                          Not present
                         Transactions Through BSI Net Banking and
                         BSI Cash Management System (CMS)                Saladin Dharmanugraha Effendi                            Present
                                                                         Grandhis Helmi Harumansyah                               Present
                                                                         Harry Gusti Utama                                        Present
                                                                         Ari Rizaldi                                              Present
20    June 3, 2024   Approval on Organizational Structure                Hery Gunardi                                             Present
                                                                         Bob Tyasika Ananta                                       Present
                                                                         Tribuana Tunggadewi                                      Present
                                                                         Anton Sukarna                                            Present
                                                                         Ade Cahyo Nugroho                                        Present
                                                                         Zaidan Novari                                            Present
                                                                         Saladin Dharmanugraha Effendi                            Present
                                                                         Grandhis Helmi Harumansyah                               Present
                                                                         Harry Gusti Utama                                        Present
                                                                         Ari Rizaldi                                              Present
21.   June 4, 2024   •   Approval on Alternate Director and              Hery Gunardi                                             Present
                         Director of Supervisory
                                                                         Bob Tyasika Ananta                                       Present
                     •   Update on IT Cash Management System
                         (CMS)                                           Tribuana Tunggadewi                                      Present
                                                                         Anton Sukarna                                            Present
                                                                         Ade Cahyo Nugroho                                        Present
                                                                         Zaidan Novari                                            Present
                                                                         Saladin Dharmanugraha Effendi                            Present
                                                                         Grandhis Helmi Harumansyah                             Not present
                                                                         Harry Gusti Utama                                        Present
                                                                         Ari Rizaldi                                              Present
22.   June 7, 2024   Agenda HC                                           Hery Gunardi                                             Present
                                                                         Bob Tyasika Ananta                                       Present
                                                                         Tribuana Tunggadewi                                      Present
                                                                         Anton Sukarna                                            Present




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 No           Date                     Meeting Agenda                               Meeting participants   Attendance
                                                                      Ade Cahyo Nugroho                      Present
                                                                      Zaidan Novari                          Present
                                                                      Saladin Dharmanugraha Effendi          Present
                                                                      Grandhis Helmi Harumansyah             Present
                                                                      Harry Gusti Utama                      Present
                                                                      Ari Rizaldi                            Present
 23.     June 11, 2024    •   Performance Report in May 2024          Hery Gunardi                           Present
                          •   Treasury Directorate Work Plan Update
                                                                      Bob Tyasika Ananta                     Present
                          •   Retail Directorate Work Plan Update
                                                                      Tribuana Tunggadewi                    Present
                                                                      Anton Sukarna                          Present
                                                                      Ade Cahyo Nugroho                      Present
                                                                      Zaidan Novari                        Not present
                                                                      Saladin Dharmanugraha Effendi          Present
                                                                      Grandhis Helmi Harumansyah             Present
                                                                      Harry Gusti Utama                      Present
                                                                      Ari Rizaldi                            Present
 24.     June 19, 2024    •   Human Capital Work Plan Update          Hery Gunardi                           Present
                          •   Operation Work Plan Update
                                                                      Bob Tyasika Ananta                     Present
                                                                      Tribuana Tunggadewi                    Present
                                                                      Anton Sukarna                          Present
                                                                      Ade Cahyo Nugroho                      Present
                                                                      Zaidan Novari                        Not present
                                                                      Saladin Dharmanugraha Effendi        Not present
                                                                      Grandhis Helmi Harumansyah           Not present
                                                                      Harry Gusti Utama                      Present
                                                                      Ari Rizaldi                            Present
 25.     June 26, 2024    Level Up Strategy of Pawning Growth         Hery Gunardi                           Present
                                                                      Bob Tyasika Ananta                     Present
                                                                      Tribuana Tunggadewi                    Present
                                                                      Anton Sukarna                          Present
                                                                      Ade Cahyo Nugroho                      Present
                                                                      Zaidan Novari                        Not present
                                                                      Saladin Dharmanugraha Effendi          Present
                                                                      Grandhis Helmi Harumansyah             Present
                                                                      Harry Gusti Utama                    Not present
                                                                      Ari Rizaldi                          Not present
 26.     July 9, 2024     •   Performance Report in June 2024         Hery Gunardi                           Present
                          •   IT Governance Update
                                                                      Bob Tyasika Ananta                     Present
                                                                      Tribuana Tunggadewi                    Present
                                                                      Anton Sukarna                          Present
                                                                      Ade Cahyo Nugroho                      Present
                                                                      Zaidan Novari                        Not present
                                                                      Saladin Dharmanugraha Effendi          Present
                                                                      Grandhis Helmi Harumansyah             Present
                                                                      Harry Gusti Utama                      Present
                                                                      Ari Rizaldi                            Present




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No         Date                    Meeting Agenda                                Meeting participants                    Attendance
27.   July 22, 2024   Bank’s Soundness Level (TKB) dan Risk        Hery Gunardi                                             Present
                      Monitoring Report Update
                                                                   Bob Tyasika Ananta                                       Present
                                                                   Tribuana Tunggadewi                                      Present
                                                                   Anton Sukarna                                            Present
                                                                   Ade Cahyo Nugroho                                        Present
                                                                   Zaidan Novari                                            Present
                                                                   Saladin Dharmanugraha Effendi                            Present
                                                                   Grandhis Helmi Harumansyah                               Present
                                                                   Harry Gusti Utama                                        Present
                                                                   Ari Rizaldi                                              Present
28.   July 30, 2024   •   IT Project Update                        Hery Gunardi                                             Present
                      •   TIRO Case Approval for KCP Banjarmasin
                                                                   Bob Tyasika Ananta                                     Not present
                          Hasan Basri
                                                                   Tribuana Tunggadewi                                      Present
                                                                   Anton Sukarna                                            Present
                                                                   Ade Cahyo Nugroho                                      Not present
                                                                   Zaidan Novari                                            Present
                                                                   Saladin Dharmanugraha Effendi                            Present
                                                                   Grandhis Helmi Harumansyah                               Present
                                                                   Harry Gusti Utama                                        Present
                                                                   Ari Rizaldi                                              Present
29.   August 13,      •   Strategic Partnership Bancassurance      Hery Gunardi                                             Present
      2024                (Bosporus) Approval
                                                                   Bob Tyasika Ananta                                       Present
                      •   Performance Report in July 2024
                      •   BSI Expo Implementation Results Report   Tribuana Tunggadewi                                      Present
                                                                   Anton Sukarna                                          Not present
                                                                   Ade Cahyo Nugroho                                        Present
                                                                   Zaidan Novari                                            Present
                                                                   Saladin Dharmanugraha Effendi                            Present
                                                                   Grandhis Helmi Harumansyah                               Present
                                                                   Harry Gusti Utama                                        Present
                                                                   Ari Rizaldi                                              Present
30    August 15,      BSI Bankwide Organizational Structure        Hery Gunardi                                             Present
      2024
                                                                   Bob Tyasika Ananta                                       Present
                                                                   Tribuana Tunggadewi                                      Present
                                                                   Anton Sukarna                                            Present
                                                                   Ade Cahyo Nugroho                                        Present
                                                                   Zaidan Novari                                            Present
                                                                   Saladin Dharmanugraha Effendi                            Present
                                                                   Grandhis Helmi Harumansyah                               Present
                                                                   Harry Gusti Utama                                        Present
                                                                   Ari Rizaldi                                              Present
31.   August 22,      •   IT Maturity Update                       Hery Gunardi                                             Present
      2024            •   Case Fraud & Action Plan Update
                                                                   Bob Tyasika Ananta                                       Present
                                                                   Tribuana Tunggadewi                                      Present
                                                                   Anton Sukarna                                            Present
                                                                   Ade Cahyo Nugroho                                        Present
                                                                   Zaidan Novari                                            Present
                                                                   Saladin Dharmanugraha Effendi                            Present
                                                                   Grandhis Helmi Harumansyah                               Present




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 No          Date                      Meeting Agenda                                 Meeting participants   Attendance
                                                                        Harry Gusti Utama                      Present
                                                                        Ari Rizaldi                            Present
 32.     September 3,     •   Current Account Improving Strategy        Hery Gunardi                           Present
         2024             •   Case Fraud & Action Plan Update
                                                                        Bob Tyasika Ananta                     Present
                                                                        Tribuana Tunggadewi                    Present
                                                                        Anton Sukarna                          Present
                                                                        Ade Cahyo Nugroho                      Present
                                                                        Zaidan Novari                          Present
                                                                        Saladin Dharmanugraha Effendi          Present
                                                                        Grandhis Helmi Harumansyah             Present
                                                                        Harry Gusti Utama                      Present
                                                                        Ari Rizaldi                            Present
 33.     September 18,    •   Financial Performance in August 2024 &    Hery Gunardi                           Present
         2024                 Financial Projection in December 2024
                                                                        Bob Tyasika Ananta                     Present
                              Update
                          •   Proposed General Policy of the Board of   Tribuana Tunggadewi                    Present
                              Directors for the 2025 RKAP
                                                                        Anton Sukarna                          Present
                          •   New Cash Management System (NCMS)
                              Update                                    Ade Cahyo Nugroho                      Present
                          •   Update BSI Net Banking, Deploy EDC and
                                                                        Zaidan Novari                          Present
                              ATM Update
                                                                        Saladin Dharmanugraha Effendi          Present
                                                                        Grandhis Helmi Harumansyah             Present
                                                                        Harry Gusti Utama                      Present
                                                                        Ari Rizaldi                            Present
 34.     September 24,    •   Request for Settlement of KLH Debt for    Hery Gunardi                           Present
         2024                 Nature Swap Program (BPDLH Kemenkeu)
                                                                        Bob Tyasika Ananta                     Present
                          •   Update on Consumer Financing Quality
                          •   Proposal and Progress of BSI Tower        Tribuana Tunggadewi                    Present
                              Development
                                                                        Anton Sukarna                          Present
                                                                        Ade Cahyo Nugroho                      Present
                                                                        Zaidan Novari                          Present
                                                                        Saladin Dharmanugraha Effendi          Present
                                                                        Grandhis Helmi Harumansyah             Present
                                                                        Harry Gusti Utama                      Present
                                                                        Ari Rizaldi                            Present
 35.    October 7, 2024   •   CGPI Reporting Update 2023                Hery Gunardi                           Present
                          •   Proposal to Eliminate Legacy Overdraft
                                                                        Bob Tyasika Ananta                     Present
                              Accounts
                          •   Follow-up on Organizational Structure     Tribuana Tunggadewi                    Present
                              Changes
                                                                        Anton Sukarna                          Present
                                                                        Ade Cahyo Nugroho                      Present
                                                                        Zaidan Novari                        Not present
                                                                        Saladin Dharmanugraha Effendi        Not present
                                                                        Grandhis Helmi Harumansyah             Present
                                                                        Harry Gusti Utama                    Not present
                                                                        Ari Rizaldi                            Present
 36     October 15,       •   Performance Report in September 2024      Hery Gunardi                           Present
        2024              •   Bankwide Collectibility Update for
                                                                        Bob Tyasika Ananta                     Present
                              Financing Segments
                                                                        Tribuana Tunggadewi                    Present
                                                                        Anton Sukarna                          Present
                                                                        Ade Cahyo Nugroho                    Not present
                                                                        Zaidan Novari                        Not present




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No        Date                   Meeting Agenda                                   Meeting participants                    Attendance
                                                                    Saladin Dharmanugraha Effendi                            Present
                                                                    Grandhis Helmi Harumansyah                               Present
                                                                    Harry Gusti Utama                                        Present
                                                                    Ari Rizaldi                                              Present
37.   October 22,    •   RKAP, RBB & RAKB Update                    Hery Gunardi                                             Present
      2024           •   SME & Micro Banking Update
                                                                    Bob Tyasika Ananta                                       Present
                     •   Treasury & Global Market Update
                                                                    Tribuana Tunggadewi                                      Present
                                                                    Anton Sukarna                                            Present
                                                                    Ade Cahyo Nugroho                                        Present
                                                                    Zaidan Novari                                            Present
                                                                    Saladin Dharmanugraha Effendi                            Present
                                                                    Grandhis Helmi Harumansyah                               Present
                                                                    Harry Gusti Utama                                        Present
                                                                    Ari Rizaldi                                              Present
38.   November 5,    •   Update Data Analytics                      Hery Gunardi                                             Present
      2024           •   SME & Micro Banking Update
                                                                    Bob Tyasika Ananta                                       Present
                     •   Fee Based Income (FBI) Update
                                                                    Tribuana Tunggadewi                                      Present
                                                                    Anton Sukarna                                            Present
                                                                    Ade Cahyo Nugroho                                        Present
                                                                    Zaidan Novari                                            Present
                                                                    Saladin Dharmanugraha Effendi                            Present
                                                                    Grandhis Helmi Harumansyah                               Present
                                                                    Harry Gusti Utama                                        Present
                                                                    Ari Rizaldi                                            Not present
39    November 12,   •   Strategic Initiatives to Strengthen the    Hery Gunardi                                             Present
      2024               Implementation of Sharia Risk Management
                                                                    Bob Tyasika Ananta                                       Present
                         and Governance
                     •   Update on Performance Report in October    Tribuana Tunggadewi                                      Present
                         2024
                                                                    Anton Sukarna                                          Not present
                                                                    Ade Cahyo Nugroho                                        Present
                                                                    Zaidan Novari                                            Present
                                                                    Saladin Dharmanugraha Effendi                            Present
                                                                    Grandhis Helmi Harumansyah                               Present
                                                                    Harry Gusti Utama                                        Present
                                                                    Ari Rizaldi                                              Present
40.   November 19,   •   Update on Personal Data Protection (PDP)   Hery Gunardi                                             Present
      2024           •   Update on Bulion Bank
                                                                    Bob Tyasika Ananta                                       Present
                                                                    Tribuana Tunggadewi                                    Not present
                                                                    Anton Sukarna                                            Present
                                                                    Ade Cahyo Nugroho                                        Present
                                                                    Zaidan Novari                                            Present
                                                                    Saladin Dharmanugraha Effendi                            Present
                                                                    Grandhis Helmi Harumansyah                               Present
                                                                    Harry Gusti Utama                                        Present
                                                                    Ari Rizaldi                                              Present
41.   November 26,   •   Update Data Analytic                       Hery Gunardi                                             Present
      2024           •   Current Update Card Business Group
                                                                    Bob Tyasika Ananta                                       Present
                                                                    Tribuana Tunggadewi                                      Present
                                                                    Anton Sukarna                                            Present




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 No          Date                      Meeting Agenda                                  Meeting participants        Attendance
                                                                         Ade Cahyo Nugroho                         Not present
                                                                         Zaidan Novari                               Present
                                                                         Saladin Dharmanugraha Effendi               Present
                                                                         Grandhis Helmi Harumansyah                Not present
                                                                         Harry Gusti Utama                         Not present
                                                                         Ari Rizaldi                                 Present
 42.     December 2,      •   Macro Economy Update and Direction of      Hery Gunardi                                Present
         2024                 Prabowo-Gibran Government Policy
                                                                         Bob Tyasika Ananta                          Present
                          •   Business Achievement Forecast 31 Dec
                              2024                                       Tribuana Tunggadewi                         Present
                                                                         Anton Sukarna                               Present
                                                                         Ade Cahyo Nugroho                         Not present
                                                                         Zaidan Novari                               Present
                                                                         Saladin Dharmanugraha Effendi               Present
                                                                         Grandhis Helmi Harumansyah                Not present
                                                                         Harry Gusti Utama                           Present
                                                                         Ari Rizaldi                                 Present
 43.     December 13,     •   Wholesale Transaction Banking              Hery Gunardi                                Present
         2024                 Implementation in Regions and New Cash
                                                                         Bob Tyasika Ananta                        Not present
                              Management System (NCMS) Business
                              Progress                                   Tribuana Tunggadewi                         Present
                          •   Consumer Business Update
                                                                         Anton Sukarna                             Not present
                                                                         Ade Cahyo Nugroho                           Present
                                                                         Zaidan Novari                               Present
                                                                         Saladin Dharmanugraha Effendi               Present
                                                                         Grandhis Helmi Harumansyah                  Present
                                                                         Harry Gusti Utama                         Not present
                                                                         Ari Rizaldi                                 Present
 44.     December 17,     •   Custody Business Update                    Hery Gunardi                                Present
         2024             •   Dual CIF Action Plan and Data Cleansing
                                                                         Bob Tyasika Ananta                          Present
                              Update
                          •   IT and Operational System Preparation      Tribuana Tunggadewi                         Present
                              Update Ahead of New Year Holiday
                                                                         Anton Sukarna                               Present
                                                                         Ade Cahyo Nugroho                         Not present
                                                                         Zaidan Novari                               Present
                                                                         Saladin Dharmanugraha Effendi               Present
                                                                         Grandhis Helmi Harumansyah                  Present
                                                                         Harry Gusti Utama                           Present
                                                                         Ari Rizaldi                                 Present
  45     December 31,     Projection of Target Achievement by December   Hery Gunardi                              Not present
         2024             31, 2024: Report of Director of Business,
                                                                         Bob Tyasika Ananta                          Present
                          Finance, Risk and Operation
                                                                         Tribuana Tunggadewi                         Present
                                                                         Anton Sukarna                               Present
                                                                         Ade Cahyo Nugroho                           Present
                                                                         Zaidan Novari                               Present
                                                                         Saladin Dharmanugraha Effendi               Present
                                                                         Grandhis Helmi Harumansyah                  Present
                                                                         Harry Gusti Utama                           Present
                                                                         Ari Rizaldi                                 Present

The agenda and participants of the joint meeting of the Board of Commissioners and the Board of Directors have been presented in the
Board of Commissioners’ Meeting section of the Corporate Governance Chapter in this Annual Report.




       PT Bank Syariah Indonesia Tbk
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Frequency and Attendance of Board of Directors Meetings

Table of Frequency and Attendance of Board of Directors Meetings
                                                                                        Joint Meeting of the Board of Directors
                                                  Board of Directors Meeting                                                                       GMS
                                                                                           and the Board of Commissioners
       Name               Position         Number and Percentage of Attendance          Number and Percentage of Attendance       Number and Percentage of Attendance
                                           Number of      Number of                     Number of    Number of                    Number of    Number of
                                                                           Percentage                               Percentage                              Percentage
                                           Meetings       Attendance                    Meetings     Attendance                   Meetings     Attendance
                      President
 Hery Gunardi                                   40             39            97,5 %        11             9            81,9%          1             1          100%
                      Director
                      Deputy
 Bob Tyasika
                      President                 40             34             85 %         11            10            90,9%          1             1          100%
 Ananta
                      Director
                      Director of
 Ngatari*                                       17             15            88,2 %        4              2            50%            1             1          100%
                      Retail Banking
 Harry Gusti          Director of
                                                23             21            91,3 %        8              8            100%            -            -               -
 Utama**              Retail Banking
                      Director of
 Tribuana
                      Compliance &              40             35            87,5 %        11             7            63,6%          1             1          100%
 Tunggadewi
                      Human Capital
                      Director
 Anton Sukarna        of Sales &               40              37            92,5 %        12            12            100%           1             1          100%
                      Distribution
                      Director of
 Ade Cahyo
                      Finance &                40              33            82,5 %        12            10            83,3%          1             1          100%
 Nugroho
                      Strategy
                      Director of
                      Wholesale
 Zaidan Novari                                 40              33            82, 5 %       12             9            75%            1             1          100%
                      Transaction
                      Banking
                      Director of
                      Treasury &
 Moh. Adib*                                    17              15            88,2 %        4              4            100%           1             1          100%
                      International
                      Banking
                      Director of
                      Treasury &
 Ari Rizaldi**                                 23              21            91,3 %        8              6            75%             -            -               -
                      International
                      Banking
 Saladin              Director of
 Dharmanugraha        Information              40              37            92,5 %        12            12            100%           1             1          100%
 Effendi              Technology
 Grandhis Helmi       Director of Risk
                                               40              37            92,5 %        8              8           66,7%           1             1          100%
 Harumansyah          Management
*Stop serving since dated May 17, 2024. **Starting to serve since dated May 17, 2024.

Competency Training and/or Improvement of Member of The Board Of Directors

The policy related to improving the competence of the Board of Directors is regulated in the Human Capital Standard Operating Procedure
which aims to ensure that each member of the Board of Directors has adequate knowledge and skills in carrying out their duties and
responsibilities. The competence development program includes training, workshops, and other activities designed to improve competence in
accordance with the latest developments in the Bank's industry and business. Each member of the Board of Directors is required to participate
in the competence development program periodically to ensure that they continue to have relevant understanding and can make the right
decisions. The Board of Directors' participation in improving competence during 2024 is as follows

       Name                     Position                              Training Name                             Date/Place                         Organizer
                                                     Knowledge Sharing Forum Series 1 Year             Jakarta/Wednesday, January          Bank Syariah Indonesia
                                                     2024                                              10, 2024                            University
                                                     Ministry of SOEs Workshop: Strategic
                                                     Approach to Risk Management towards               Bali/Friday, January 19, 2024       BUMN Ministry Indonesia
 Hery Gunardi            President director
                                                     SOE's Business Sustainability
                                                     Digital & Transaction Strategic Direction
                                                                                                       Batam/Saturday, January 20,         Bank Syariah Indonesia
                                                     Workshop in 2024: Level Up To The Next
                                                                                                       2024                                University
                                                     Journey




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     Name              Position                   Training Name                            Date/Place                       Organizer
                                     Top Executive Learning Program (TELP) -       Jakarta/Monday, February         Bank Syariah Indonesia
                                     Series II: Leadership Transformation          26, 2024                         University
                                     The 6th International Wealth Management
                                     Conference 2024
                                                                                   Jakarta/Wednesday, April         Certified Wealth Managers'
                                     Theme: Crafting Resilient Portfolios and
                                                                                   24, 2024                         Association (CWMA)
                                     Scaling Advisory Services Amidst Volatile
                                     Markets
                                     Level 7 Alignment Seminar for Directors
                                                                                   Jakarta/ Wednesday-              Bankers Association for Risk
                                     Holding Level 5 Risk Management
                                                                                   Thursday, June 5-6, 2024         Management (BARA)
                                     Certificate
                                                                                   Lausanne Switzerland/
                                     Program International Strategy Governance
                                                                                   Monday-Tuesday, September        IMD Lausanne Swiss
                                     for Boards.
                                                                                   30 - October 1, 2024
                                     Top Executive Learning Program (TELP) -
                                     December 2024                                 Jakarta/ Tuesday, December       Bank Syariah Indonesia
                                     Theme: Execution Matters: Plans Change        17, 2024                         University
                                     Nothing
                                     Sharing Session at the National Working
                                     Meeting (RAKERNAS) of PT Bank Syariah         Bandung, Friday, December
                                                                                                                    Bank Syariah Indonesia
                                     Indonesia Tbk by Juan Hasang Enterprise       20, 2024
                                     Solution Architect Manager AWS Indonesia
                                     Knowledge Sharing Forum Series 1 Year         Jakarta/Wednesday, January       Bank Syariah Indonesia
                                     2024                                          10, 2024                         University
                                     Ministry of BUMN Workshop
                                     Theme: Strategic Approach to Risk
                                                                                   Bali/Friday, January 19, 2024    BUMN Ministry Indonesia
                                     Management towards SOE's Business
                                     Sustainability
                                     Digital & Transaction Strategic Direction
                                                                                   Batam/Saturday, January 20,      Bank Syariah Indonesia
                                     Workshop in 2024:
                                                                                   2024                             University
                                     Level Up To The Next Journey
                                     Focus Group Discussion (FGD) - Financial
                                     Services Authority (OJK)
                                                                                   Jakarta/Friday, January 26,      Otoritas Jasa Keuangan
                                     Theme: Implementation of Financial
                                                                                   2024                             (OJK)
                                     Literacy and Inclusion Activity
                                     Implementation Strategy in 2024
                                     Top Executive Learning Program (TELP) -       Jakarta/Monday, February         Bank Syariah Indonesia
                                     Series II: Leadership Transformation          26, 2024                         University
                                     The 6th International Wealth Management
                                     Conference 2024
                                                                                   Jakarta/Wednesday, April         Bank Syariah Indonesia
                                     Theme: Crafting Resilient Portfolios and
                                                                                   24, 2024                         University
                                     Scaling Advisory Services Amidst Volatile
                                     Markets
 Bob Tyasika      Deputy President
                                     Level 7 Alignment Seminar for Directors       Jakarta/Tuesday -                Bankers Association for Risk
 Ananta           Director
                                     Holding Level 5 Risk Management Certificate   Wednesday, May 7 - 8, 2024       Management (BARA)
                                     Level 7 Alignment Seminar for Directors
                                                                                   Jakarta/Monday, May 20,
                                     Holding Level 5 Risk Management                                                JMS Education
                                                                                   2024
                                     Certificate
                                     Competency Certification Qualification 7 -    Jakarta/Monday, June 24,         Lembaga Sertifikasi
                                     Banking Risk Management Field                 2024                             Keuangan Syariah (LSPKS)
                                     Workshop - Monitoring ESG
                                     Implementation in Mandiri Group and           Jakarta/Thursday, July 25,       PT Bank Mandiri (Persero)
                                     Sharing Best Practice related to ESG          2024                             Tbk
                                     Framework & Disclosure
                                     Training The DIFSS 2024 - Durham Islamic      England/Monday, July 29,         Bank Syariah Indonesia
                                     Finance Summer School 2024                    2024 - Friday, August 02, 2024   University
                                     Sharing Session Mandiri Board Forum Q3
                                     2024                                          Jakarta/Friday, August 09,       PT Bank Mandiri (Persero)
                                     Theme: Strategic Innovation in                2024                             Tbk
                                     Conglomerates for Market Domination
                                     Focus Group Discusson (FGD) Bank
                                     Indonesia
                                                                                   Jakarta/Tuesday, August 27,      Bank Indonesia
                                     Theme : Enhancing Fraud Detection System
                                                                                   2024
                                     to Strengthen Cybersecurity Resilience in
                                     the Payment System Industry




     PT Bank Syariah Indonesia Tbk
322 2024 Annual Report
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    Name           Position                      Training Name                              Date/Place                     Organizer
                                   Mandiri Leadership Forum Workshop
                                   Theme: Championing The Future Admist             Batam/Thursday, August 29,     PT Bank Mandiri (Persero)
                                   Great Challenge Through Transformational         2024                           Tbk
                                   Leadership
                                   Sharing Session Mandiri Board Forum Q3
                                   2024                                             Jakarta/Friday, November       PT Bank Mandiri (Persero)
                                   Theme: Collborative Future - Paving              15, 2024                       Tbk
                                   Pathways For Better Indonesia
                                   Top Executive Learning Program (TELP) -
                                   December 2024                                    Jakarta/Tuesday, December      Bank Syariah Indonesia
                                   Theme : Execution Matters: Plans Change          17, 2024                       University
                                   Nothing
                                   Sharing Session at the National Working
                                   Meeting (RAKERNAS) of PT Bank Syariah
                                                                                    Bandung/Friday, December       PT Bank Syariah Indonesia
                                   Indonesia Tbk by Juan Hasang Enterprise
                                                                                    20, 2024                       Tbk
                                   Solution Architect Manager AWS Indonesia
                                   Topic: Bank of The Future
                                   Series 1 2024 Tema: Gen AI Seasons
                                   Knowledge Sharing Forum Series 1 Year
                                                                                    Jakarta, Wednesday, January    Bank Syariah Indonesia
                                   2024 Theme: Gen AI Seasons
                                                                                    10 2024                        University
                                   Speaker: Gautam Gorki - Partner, Deloitte
                                   SEA and Head, Data & AI For FSI

              Director of Retail   TELP series 2 with the theme Leadership          Jakarta, Wednesday, January    Bank Syariah Indonesia
Ngatari*                           Transformation                                   10 2024                        University
              Banking
                                   Macroprudential Discussion Forum with
                                                                                    Jakarta, Wednesday, January
                                   the Topic "Banking Funding and Lending                                          Bank Indonesia
                                                                                    10 2024
                                   Strategy"
                                                                                    Jakarta, Wednesday, January
                                   SME Financing Seminar                                                           Investor Trust
                                                                                    10 2024
                                   Level 7 Alignment Seminar for Directors
                                                                                    Jakarta/ Wednesday-            Bankers Association for Risk
                                   Holding Level 5 Risk Management
                                                                                    Thursday, June 5-6, 2024       Management (BARA)
                                   Certificate
                                   Certification of Qualifications in 7 Fields of   Jakarta/Wednesday, June        Lembaga Sertifikasi Profesi
                                   Banking Risk Management                          26, 2024                       Keuangan Syariah - LSPKS
Harry Gusti   Director of Retail                                                    Online/Thursday-Friday, July
Utama**       Banking              Basic Training in Sharia Banking                                                LPPI
                                                                                    4-5, 2024
                                   Sharing Session at the National Working
                                   Meeting (RAKERNAS) of PT Bank Syariah
                                                                                    Bandung/Friday, December       PT Bank Syariah Indonesia
                                   Indonesia Tbk by Juan Hasang Enterprise
                                                                                    20, 2024                       Tbk
                                   Solution Architect Manager AWS Indonesia
                                   Topic: Bank of The Future
                                   Knowledge Sharing Forum Series 1 Year            Jakarta/Wednesday, January     Bank Syariah Indonesia
                                   2024                                             10, 2024                       University
                                   Banking Risk Management Refreshment
                                   Level 5                                          Online/Thursday, January       Bank Syariah Indonesia
                                   Theme: Managing Legal, Compliance,               25, 2024                       University, Maisa Edukasi
                                   Reputation and Strategic Risks
                                   Banking Risk Management Refreshment
                                   Level 5:
                                                                                    Online/Friday, January 26,     Bank Syariah Indonesia
                                   Managing Insurance Risk, Intra Group
                                                                                    2024                           University
                                   Transaction Risk, Stress & Back Testing and
                                   Analyzing Information System Needs
              Director of
Tribuana                           Top Executive Learning Program (TELP) -
              Compliance &                                                          Jakarta/Monday, February       Bank Syariah Indonesia
Tunggadewi                         Series II 2024
              Human Capital                                                         26, 2024                       University
                                   Theme: Leadership Transformation
                                   Seminar Agenda:
                                                                                                                   Forum Komunikasi Direktur
                                   Optimizing the Role of the Financial             Jakarta/Monday, April 29,
                                                                                                                   Kepatuhan Perbankan
                                   Industry to Prevent Green Financial Crime        2024
                                                                                                                   (FKDKP)
                                   and Other Predicate Crimes
                                   Seminar Agenda:
                                                                                    Jakarta/Wednesday-             Bankers Association for Risk
                                   Level 7 Alignment for Directors Holding
                                                                                    Thursday, May 7-8, 2024        Management (BARA)
                                   Level 5 Risk Management Certificate
                                   Seminar Agenda:                                                                 Forum Komunikasi Direktur
                                                                                    Jakarta/Monday, May 20,
                                   Level 7 Alignment for Directors Holding                                         Kepatuhan Perbankan
                                                                                    2024
                                   Level 5 Risk Management Certificate                                             (FKDKP)


                                                                                                           PT Bank Syariah Indonesia Tbk
                                                                                                                    2024 Annual Report
                                                                                                                                            323
Page 326
CORPORATE
GOVERNANCE




     Name              Position                      Training Name                            Date/Place                    Organizer
                                                                                                                    PT Bank Syariah Indonesia
                                                                                                                    Tbk
                                        Seminar Agenda:
                                                                                      Jakarta/Thursday, June 20,    Bank Syariah Indonesia
                                        Grand Syaikh & Launching BSI Scholarship
                                                                                      2024                          University
                                        2024
                                                                                                                    Corporate Secretary &
                                                                                                                    Communication Group
                                        Seminar Agenda:
                                        Financial Education Activities for Mothers/
                                                                                      Jakarta/Tuesday, June 25,     Otoritas Jasa Keuangan
                                        Women
                                                                                      2024                          (OJK)
                                        “My Mother SiCantiks: Financially Smart
                                        Mother, Creating a Prosperous Family”
                                        Webinar Agenda:
                                        Cybercrime Management, including Online       Jakarta/Wednesday, July 17,   Otoritas Jasa Keuangan
                                        Gambling as a Predicate Crime of Money        2024                          (OJK)
                                        Laundering
                                                                                      Jakarta/Thursday, August      PT Bank Mandiri (Persero)
                                        Mandiri Leadership Forum Workshop
                                                                                      29, 2024                      Tbk
                                        Sharia Pocket Book Alignment Workshop,        Bandung/Monday,               PT Bank Syariah Indonesia
                                        FAQ and Sharia Video Campaign                 September 9, 2024             Tbk
                                        Deputy Minister of SOEs Workshop “SOE’s
                                                                                      Jakarta/Friday, September
                                        Strategic Program and Risk Management                                       Kementerian BUMN
                                                                                      13, 2024
                                        for Indonesia’s Future”
                                        Employee & Industrial Relations
                                                                                      Bali/Friday, September 20,    Forum Human Capital
                                        Conference 2024 Forum Human Capital
                                                                                      2024                          Indonesia (FHCI) BUMN
                                        Indonesia (FHCI) BUMN
                                        Becoming a Moderator in the FKDKP
                                                                                                                    Forum Komunikasi Direktur
                                        Webinar with the theme "ESG, Banking          Onlien/Friday, September
                                                                                                                    Kepatuhan Perbankan
                                        Aspects to Encourage the Achievement of       27, 2024
                                                                                                                    (FKDKP)
                                        SDG's (Sustainable Development Goals)"
                                        OJK FGD on Similar Perceptions of
                                                                                      Bali/Tuesday, October 8,
                                        General Bank Management and Ownership                                       Otoritas Jasa Keuangan
                                                                                      2024
                                        Licensing
                                        FKDKP Webinar with the Theme:                                               Forum Komunikasi Direktur
                                                                                      Online/Wednesday,
                                        "Economic Prospects in 2025 Achieving                                       Kepatuhan Perbankan
                                                                                      December 11, 2024
                                        Golden Indonesia 2045"                                                      (FKDKP)
                                        Top Executive Learning Program (TELP) -
                                        December 2024                                 Jakarta/Tuesday, December     Bank Syariah Indonesia
                                        Theme: Execution Matters: Plans Change        17, 2024                      University
                                        Nothing
                                        Sharing Session at the National Working
                                        Meeting (RAKERNAS) of PT Bank Syariah
                                                                                      Bandung/Friday, December      PT Bank Syariah Indonesia
                                        Indonesia Tbk by Juan Hasang Enterprise
                                                                                      20, 2024                      Tbk
                                        Solution Architect Manager AWS Indonesia
                                        Topic: Bank of The Future
                                        Knowledge Sharing Forum Series 1 Year         Jakarta/Wednesday, January    Bank Syariah Indonesia
                                        2024                                          10, 2024                      University
                                        Digital & Transaction Strategic Direction
                                                                                      Batam/Saturday, January 20,   Bank Syariah Indonesia
                                        Workshop in 2024:
                                                                                      2024                          University
                                        Level Up To The Next Journey
                                        Banking Risk Management Refreshment
                                        Level 5                                       Online/Thursday, January      Bank Syariah Indonesia
                                        Theme: Managing Legal, Compliance,            25, 2024                      University, Maisa Edukasi
                                        Reputation and Strategic Risks
                  Director of Sales &   Banking Risk Management Refreshment
 Anton Sukarna
                  Distribution          Level 5:
                                                                                      Online/Friday, January 26,    Bank Syariah Indonesia
                                        Managing Insurance Risk, Intra Group
                                                                                      2024                          University
                                        Transaction Risk, Stress & Back Testing and
                                        Analyzing Information System Needs
                                        Forum Group Discussion (FGD) with the
                                        Ministry of State-Owned Enterprises and       Jakarta/Tuesday, February
                                                                                                                    CSG
                                        Commission VI of the Indonesian House of      13, 2024
                                        Representatives
                                                                                      Bandung/Friday, February      PT Bank Mandiri (Persero)
                                        Board Forum Q1 2024 BMRI
                                                                                      23, 2024                      Tbk




     PT Bank Syariah Indonesia Tbk
324 2024 Annual Report
Page 327
    Name             Position                       Training Name                           Date/Place                       Organizer
                                      Top Executive Learning Program (TELP) -       Jakarta/Monday, February         Bank Syariah Indonesia
                                      Series II: Leadership Transformation          26, 2024                         University
                                      Macroprudential Discussion Forum with
                                                                                    Jakarta/Monday, March 4,
                                      the Topic "Banking Funding and Lending                                         Bank Indonesia
                                                                                    2024
                                      Strategy"
                                      Level 7 Alignment Seminar for Directors       Jakarta/Wednesday-               Bankers Association for Risk
                                      Holding Level 5 Risk Management Certificate   Thursday, June 5-6, 2024         Management (BARA)
                                                                                                                     Bank Syariah Indonesia
                                      PRODUCTIVITY SALES FOR REGIONAL CEO           Jakarta / July 05-07 , 2024
                                                                                                                     University
                                      Steward Leadership Impact Training            Thailand/ Monday - Friday,       Bank Syariah Indonesia
                                      Program                                       November 11-15, 2024             University
                                                                                    Jakarta/ Monday, November        Bank Syariah Indonesia
                                      KSF Direktorat Sales and Distribution
                                                                                    25, 2024                         University
                                      Sharing Session at the National Working
                                      Meeting (RAKERNAS) of PT Bank Syariah
                                                                                    Bandung/Friday, December         PT Bank Syariah Indonesia
                                      Indonesia Tbk by Juan Hasang Enterprise
                                                                                    20, 2024                         Tbk
                                      Solution Architect Manager AWS Indonesia
                                      Topic: Bank of The Future
                                      Knowledge Sharing Forum (KSF) - Series I      Jakarta/Wednesday, January       Bank Syariah Indonesia
                                      Year 2024 - "Gen All Seasons"                 10, 2024                         University
                                      Ministry of BUMN Workshop
                                      Theme: Strategic Approach to Risk
                                                                                    Bali/ Friday, January 19, 2024   Kementerian BUMN RI
                                      Management towards SOE's Business
                                      Sustainability
                                                                                                                     Bank Syariah Indonesia
                                      Top Executive Learning Program (TELP) -       Jakarta/Monday, February
                                                                                                                     University
                                      Series II: Leadership Transformation          26, 2024

                                      Sharing Sessions                              Jakarta/Monday, March 18,        Bank Syariah Indonesia
                                      Theme: Success Story Al Rajhi - Kearney       2024                             University
                                      Meeting Kearney x BSI - Sharing Session
                                                                                    Jakarta/ Thursday, April 4,      Bank Syariah Indonesia
                                      Building a Digital Ecosystem in Al Rajhi's
                                                                                    2024                             University
                                      Consumer Retail Business
                                      Workshop Alignment for Compiling              Jakarta/ Thursday, May 2,
                                                                                                                     SISM, Mandiri
                                      Corporate Plan 2025-2029                      2024
                                      Level 7 Alignment Seminar for Directors
                                                                                    Jakarta/Wednesday-               Bankers Association for Risk
                                      Holding Level 5 Risk Management
                                                                                    Thursday, July 3-4, 2024         Management (BARA)
Ade Cahyo       Direktur Finance &    Certificate
Nugroho         Strategy
                                      Workshop Alignment Corporate Plan Bank
                                                                                    Jakarta/ Friday, July 19, 2024   SISM, Mandiri
                                      Mandiri 2025-2029 (Part II)
                                      Sharing Session Board Forum Q2 2023
                                      Theme: Strategic Innovation in                Jakarta/ Friday, August 9,       PT Bank Mandiri (Persero)
                                      Conglomerates for Market Domination           2024                             Tbk
                                      Managing Director of Lippo
                                                                                    Batam/ Thursday, August          PT Bank Mandiri (Persero)
                                      Mandiri Leadeship Forum Workshop
                                                                                    29, 2024                         Tbk
                                      Sharing Session Board Forum Q3 2024           Jakarta/ Friday, November        PT Bank Mandiri (Persero)
                                      Theme: Paving Pathways For Better Indonesia   15, 2024                         Tbk
                                      Top Executive Learning Program (TELP) -
                                      December 2024                                 Jakarta/Tuesday, December        Bank Syariah Indonesia
                                      Theme: Execution Matters: Plans Change        17, 2024                         University
                                      Nothing
                                      Sharing Session at the National Working
                                      Meeting (RAKERNAS) of PT Bank Syariah
                                                                                    Bandung/Friday, December         PT Bank Syariah Indonesia
                                      Indonesia Tbk by Juan Hasang Enterprise
                                                                                    20, 2024                         Tbk
                                      Solution Architect Manager AWS Indonesia
                                      Topic: Bank of The Future
                                      Knowledge Sharing Forum Series 1 Year         Jakarta/Wednesday, January       Bank Syariah Indonesia
                Director of           2024                                          10, 2024                         University
Zaidan Novari   Wholesale             Digital & Transaction Strategic Direction                                      Bank Syariah Indonesia
                Transaction Banking                                                 Batam/Saturday, January 20,
                                      Workshop in 2024:                                                              University
                                                                                    2024
                                      Level Up To The Next Journey




                                                                                                            PT Bank Syariah Indonesia Tbk
                                                                                                                     2024 Annual Report
                                                                                                                                              325
Page 328
CORPORATE
GOVERNANCE




      Name              Position                       Training Name                            Date/Place                       Organizer
                                          Top Executive Learning Program (TELP) -       Jakarta/Monday, February         Bank Syariah Indonesia
                                          Series II: Leadership Transformation          26, 2024                         University
                                          Seminar Agenda:
                                          Level 7 Alignment Seminar for Directors       Wednesday-Thursday, June         Bankers Association for Risk
                                          Holding Level 5 Risk Management               5-6, 2024                        Management (BARA)
                                          Certificate
                                          Seminar Agenda:
                                          Level 7 Alignment Seminar for Directors                                        Bank Syariah Indonesia
                                                                                        Tuesday, September 10, 2024
                                          Holding Level 5 Risk Management                                                University
                                          Certificate
                                          Training Executive Development : Durham       Monday-Friday, October
                                                                                                                         London Business School
                                          Islamic Finance Summer School 2024            7-11, 2024
                                          Top Executive Learning Program (TELP) -
                                          December 2024                                 Jakarta/Tuesday, December        Bank Syariah Indonesia
                                          Theme: Execution Matters: Plans Change        17, 2024                         University
                                          Nothing
                                          Sharing Session at the National Working
                                          Meeting (RAKERNAS) of PT Bank Syariah
                                                                                        Bandung/Friday, December         PT Bank Syariah Indonesia
                                          Indonesia Tbk by Juan Hasang Enterprise
                                                                                        20, 2024                         Tbk
                                          Solution Architect Manager AWS Indonesia
                                          Topic: Bank of The Future

                                          Knowledge Sharing Forum Series 1 Tahun        Jakarta, Thursday, 10 Januari    Bank Syariah Indonesia
                                          2024 Tema: Gen AI Seasons                     2024                             University

                   Director of Treasury
                                          Attending the OJK Webinar on Strategies       Online, Thursday, 10 Januari
 Moh. Adib*        & International                                                                                       OJK
                                          to Accelerate Sharia Financial Market Share   2024
                   Banking

                                          Resource person in the Talkshow event at                                       IDN/KDEKS, BI, MES,
                                                                                        Jakarta, Tuesday, 2 April 2024
                                          the Banten Halal Festival Ramadhan                                             KNEKS

                                                                                        Online/Monday, June 24,          Bank Syariah Indonesia
                                          MR Recertification Provision Level 7
                                                                                        2024                             University
                                                                                        Jakarta/Wednesday, June          Bank Syariah Indonesia
                                          MR Recertification Exam Level 7
                                                                                        26, 2024                         University
                                          Seminar Agenda:                               Online/Thursday - Friday,        Bank Syariah Indonesia
                                          Executive Overview of Islamic Banking         July 4 - 5, 2024                 University
                                                                                                                         Lembaga Sertifikasi
                                          Assessor Upgrading Workshop on MUK
                                                                                        Saturday, July 6, 2024           Profesional Perbankan
                                          Version 2023 Batch IV
                                                                                                                         (LSPP)
                   Director of Treasury
                                          Seminar Agenda:
 Ari Rizaldi**     & International                                                      Wednesday-Thursday,              Lembaga Sertifikasi Profesi
                                          Level 7 Alignment Seminar for Directors
                   Banking                                                              September 4-5, 2024              Keuangan Syariah - LSPKS
                                          Holding Level 5 Risk Management Certificate
                                          Top Executive Learning Program (TELP) -
                                          December 2024                                 Jakarta/Tuesday, December        Bank Syariah Indonesia
                                          Theme: Execution Matters: Plans Change        17, 2024                         University
                                          Nothing
                                          Sharing Session at the National Working
                                          Meeting (RAKERNAS) of PT Bank Syariah
                                                                                        Bandung/Friday, December         PT Bank Syariah Indonesia
                                          Indonesia Tbk by Juan Hasang Enterprise
                                                                                        20, 2024                         Tbk
                                          Solution Architect Manager AWS Indonesia
                                          Topic: Bank of The Future
                                          Knowledge Sharing Forum Series 1 Year         Jakarta/Wednesday, January       Bank Syariah Indonesia
                                          2024                                          10, 2024                         University
                                          Workshop Digital & Transaction Strategic
                                                                                        Batam/Saturday, January 20,      Bank Syariah Indonesia
 Saladin           Director of            Direction Tahun 2024 :
                                                                                        2024                             University
 Dharmanugraha     Information            Level Up To The Next Journey
 Effendi           Technology                                                           Bandung/Thursday, February       PT Bank Mandiri (Persero)
                                          Board Forum Q1 2024 BMRI
                                                                                        22, 2024                         Tbk
                                          Top Executive Learning Program (TELP) -       Jakarta/Monday, February         Bank Syariah Indonesia
                                          Series II: Leadership Transformation          26, 2024                         University




      PT Bank Syariah Indonesia Tbk
326 2024 Annual Report
Page 329
       Name                   Position                       Training Name                            Date/Place                      Organizer
                                                Level 7 Alignment Seminar for Directors       Jakarta/Wednesday-             Bankers Association for Risk
                                                Holding Level 5 Risk Management Certificate   Thursday, June 5-6, 2024       Management (BARA)
                                                                                              Jakarta/Wednesday, July 17,    Bank Syariah Indonesia
                                                Level 7 Risk Management Recertification
                                                                                              2024                           University
                                                Top Executive Learning Program (TELP) -
                                                December 2024                                 Jakarta/Tuesday, December      Bank Syariah Indonesia
                                                Theme: Execution Matters: Plans Change        17, 2024                       University
                                                Nothing
                                                Sharing Session at the National Working
                                                Meeting (RAKERNAS) of PT Bank Syariah
                                                                                              Bandung/Friday, December       PT Bank Syariah Indonesia
                                                Indonesia Tbk by Juan Hasang Enterprise
                                                                                              20, 2024                       Tbk
                                                Solution Architect Manager AWS Indonesia
                                                Topic: Bank of The Future
 Grandhis Helmi        Director of Risk         Knowledge Sharing Forum Series 1 Year         Jakarta/Wednesday, January     Bank Syariah Indonesia
 Harumansyah           Management               2024                                          10, 2024                       University
                                                Digital & Transaction Strategic Direction
                                                                                              Batam/Saturday, January 20,    Bank Syariah Indonesia
                                                Workshop in 2024:
                                                                                              2024                           University
                                                Level Up To The Next Journey
                                                Top Executive Learning Program (TELP) -       Jakarta/Monday, February       Bank Syariah Indonesia
                                                Series II: Leadership Transformation          26, 2024                       University
                                                Level 7 Alignment Seminar for Directors
                                                                                              Jakarta/Wednesday-             Bankers Association for Risk
                                                Holding Level 5 Risk Management
                                                                                              Thursday, June 19-20, 2024     Management (BARA)
                                                Certificates
                                                Assessment Tool Upgrading Program             Jakarta/Saturday, June 22,
                                                                                                                             LSP-LSPP
                                                Version 2023                                  2024
                                                International Risk Management Seminar         Bali/Thursday, June 27, 2024   Bank Indonesia
                                                Draft of Indonesian National Work
                                                                                              Surabaya/Monday, July 08,
                                                Competency Standards (RSKKNI) in                                             OJK
                                                                                              2024
                                                Banking Risk Management
                                                                                              Jakarta/Wednesday, July 17,    Lembaga Sertifikasi Profesi
                                                Risk Management Recertification Level 7
                                                                                              2024                           Keuangan Syariah - LSPKS
                                                Sharia Financial Access Education and
                                                Business Meeting Forum (FEBIS) and Sharia
                                                                                              Aceh/Tuesday, July 23, 2024    OJK
                                                Financial Inclusive Islamic Boarding School
                                                Ecosystem (EPIKS)
                                                                                              Jakarta/Tuesday, July 30,
                                                Nusantara Sharia Economic Forum 2024                                         NET TV
                                                                                              2024
                                                Business Essential Program Batch III 2024     Jakarta/Monday, October 7      BUMN
                                                                                              Jakarta/Tuesday, November
                                                Risk & Governance Summit 2024                                                OJK
                                                                                              26, 2024
                                                                                              Singapore/Monday-Friday,       National University of
                                                AI for Leaders Leveraging Data Analytics
                                                                                              December 2-6, 2024             Singapore
                                                Top Executive Learning Program (TELP) -
                                                December 2024                                 Jakarta/Tuesday, December      Bank Syariah Indonesia
                                                Theme: Execution Matters: Plans Change        17, 2024                       University
                                                Nothing
                                                Sharing Session at the National Working
                                                Meeting (RAKERNAS) of PT Bank Syariah
                                                                                              Bandung/Friday, December       PT Bank Syariah Indonesia
                                                Indonesia Tbk by Juan Hasang Enterprise
                                                                                              20, 2024                       Tbk
                                                Solution Architect Manager AWS Indonesia
                                                Topic: Bank of The Future

*Stop serving since dated May 17, 2024.
**Starting to serve since dated May 17, 2024.



Orientation Program for New Board of Directors

The Directors, who have been appointed in the GMS, must follow the orientation program coordinated by the Corporate Secretary. The
orientation program is carried out by delivering materials related to the Bank, including:




                                                                                                                      PT Bank Syariah Indonesia Tbk
                                                                                                                               2024 Annual Report
                                                                                                                                                      327
Page 330
CORPORATE
GOVERNANCE




1.       Introduction to the Bank's Vision and Mission                           5.   Introduction to Islamic Banking
2.       Corporate Plan                                                          6.   Risk Management
3.       Bank Business Plan                                                      7.   Corporate Governance
4.       Company Work Plan and Budget                                            8.   Introduction to Bank Culture


The implementation of the orientation program for the new Directors, such as Mr. Harry Gusti Utama and Mr. Ari Rizaldi, had been
carried out as follows.


 No            Date/ Time                               Agenda                           Group                 Speaker                 Venue
            Monday, June 3,
     1      2024                   Corporate Plan                                          CAG         Bp. Jiwo Sukarno
            (09.00-10.30)

            Wednesday, June
     2      5, 2024                Risk Profile BSI                                        OPR         Ibu Indriati Tri Handayani
            (09.00-10.30)

            Thursday, June 6,
     3      2024                   Bank Business Plan                                     SPM          Bp. Diaz Hartadi
            (09.00-10.30)                                                                                                           The Tower 7th
                                                                                       Bank Syariah    Bp. Bambang Sutrisno             Floor
            Friday, June 7, 2024
     4                             Introduction to Sharia and Sharia Contracts          Indonesia
            (09.00-10.30)                                                                              Bp. Saptono Budi Satryo
                                                                                        University
            Monday, June 10,                                                           Bank Syariah    Bp. Bambang Sutrisno
     5      2024                   One Culture                                          Indonesia
            (09.00-10.30)                                                               University     Ibu Nurdianah Habibie

            Wednesday, June
                                   Good Corporate Governance, Fit and Proper
     6      12, 2024                                                                       CPG         Ibu Rosalina Dewi
                                   Test
            (09.00-10.30)




Implementation of The Board of Directors' Duties                                 Board of Directors and the Basis for Assessment

During 2024, the Board of Directors has carried out duties and                   In carrying out the scope of their respective duties and
responsibilities, including:                                                     responsibilities, the Board of Directors is assisted by 7 (seven)
1. Implementing a GMS consisting of 1 (one) Annual GMS.                          Committees under the Board of Directors, consisting of:
2. Preparing the Company's Long-Term Plan (RJPP), Bank                           1. Risk Management Committee
    Business Plan (RBB), Company Work and Budget Plan                            2. IT Steering Committee
    (RKAP), Sustainable Financial Action Plan (RAKB) and other                   3. Policy & Procedure Committee
    work plans.                                                                  4. Business Committee
3. Preparing the Annual Report, Financial Report and                             5. Human Resources Committee
    Sustainability Report.                                                       6. Asset and Liability Committee
4. Ensuring that the Bank's accounting system is in accordance                   7. Steering Committee Crisis Management – Business
    with financial accounting standards and internal control                         Continuity Management
    principles, especially in terms of management, recording,
    deviations and financial supervision.                                        The performance assessment of the Committees under
5. Implementing internal meetings of the Board of Directors                      the Board of Directors is carried out annually based on the
    and with related groups.                                                     implementation of tasks and meetings that have been carried
6. Ensuring the adequacy of processes and systems to identify,                   out by each committee during the financial year. Based on the
    assess and control risks faced by the Bank.                                  assessment carried out by the Board of Directors, during 2024
7. Creating a clear organizational structure, tasks and                          all Committees under the Board of Directors have carried out
    determining responsibilities including the appointment of                    their duties and responsibilities.
    management.


Performance Assessment of Committees Under the
          PT Bank Syariah Indonesia Tbk
328 2024 Annual Report
Page 331
Resignation and Dismissal Mechanism for Directors                       Duties and Responsibilities of The Board of
                                                                        Commissioners
The term of office of a member of the Board of Directors ends if:
1. His/her term of office ends in accordance with the provisions        Pursuant to the Articles of Association, the Board of
   of the Bank's Articles of Association.                               Commissioners Charter, and all applicable regulatory provisions,
2. His/her resignation has been effective in accordance with            the Board of Commissioners has the following duties:
   the provisions of the applicable Articles of Association.            1. The Board of Commissioners has a duty to:
3. No longer meets the requirements as a member of the Board                a. Supervising the implementation of duties and
   of Directors based on the provisions.                                        responsibilities of the Board of Directors and providing
4. The Articles of Association and laws and regulations.                        advice to the Board of Directors, including on work
5. Deceases.                                                                    plans, bank development, implementation of the Articles
6. Dismissed based on GMS resolutions.                                          of Association, resolutions of the General Meeting of
7. Declared bankrupt by a Commercial Court that has legal                       Shareholders (GMS) and/or Extraordinary GMS, and
   standing or seized under guardianship based on a court                       applicable laws and regulations;
   decision.                                                                b. Carrying out duties, authorities, and responsibilities
                                                                                effectively and efficiently in accordance with the
A member of the Board of Directors has the right to resign from                 provisions of the Articles of Association and GMS and/or
his/her position before the end of his/her term of office by                    Extraordinary GMS resolutions, while ensuring effective
notifying the Company in writing of his/her intention no later                  communication between the Board of Commissioners,
than 90 (ninety) days. The Company is required to hold a GMS                    the Board of Directors, External Auditors, and the
to decide on the resignation request of the relevant member of                  Banking Supervisory Authority;
the Board of Directors within a period of no later than 90 (ninety)         c. Safeguarding the Bank’s interests by considering the
calendar days after receipt of the letter of resignation.                       interests of shareholders and being accountable to the
                                                                                GMS;
The Company must provide information disclosure to the public               d. Reviewing and assessing the annual report prepared by
and submit it to the OJK no later than 2 (two) working days after               the Board of Directors and signing the report;
receiving the resignation request of the Board of Directors resulting       e. Providing opinions and recommendations on the
from the holding of the GMS. Before the resignation becomes                     Work Plan and Annual Budget proposed by the Board
effective, the relevant member of the Board of Directors must                   of Directors and approving them in accordance with
complete his/her duties and responsibilities in accordance with                 applicable regulations;
these Articles of Association and applicable laws and regulations.          f. Monitoring the Bank’s business activities and progress;
                                                                            g. Giving opinions and recommendations to shareholders
Members of the Board of Directors who resign as mentioned                       regarding issues deemed significant for the Bank’s
above can be requested for accountability as members of the                     management;
Board of Directors from the time of their appointment until                 h. Promptly reporting to the GMS if indications of
the date of approval of their resignation in the GMS. Release of                declining Bank performance arise, accompanied by
responsibility of members of the Board of Directors who resign                  recommendations on necessary corrective measures.
is granted after the Annual GMS releases them.                              i. Notifying Bank Indonesia within a maximum of seven (7)
                                                                                working days upon discovering (a) violations of financial
Board of Commissioner                                                           and banking regulations, and (b) situations or forecasts
                                                                                of conditions that may threaten the Bank’s business
The Board of Commissioners is a corporate body tasked                           continuity.
collectively with supervision and providing advice to the Board             j. Proposing the appointment of a Public Accountant to
of Directors, including ensuring that Bank Syariah Indonesia                    the GMS to audit the Bank’s financial records.
implements Corporate Governance (CG) at all levels and tiers of         2. To ensure the effective implementation of the supervisory
the organization.                                                           and advisory functions as outlined in point 1(a), the Board of
                                                                            Commissioners is also responsible for:
The BSI Board of Commissioners consists of Commissioners and                a. Giving opinions and advices to management regarding
Independent Commissioners. The proportion of Commissioners                      determining the Bank’s vision, mission, culture and values;
to Independent Commissioners on the Board of Commissioners                  b. Conducting review and giving opinions on the business
is determined in accordance with applicable laws and regulations.               strategies executed by the Bank;
                                                                            c. Making assessments, providing opinions and advice on
The Board of Commissioners is appointed and accountable to                      human resource management systems. In discharging
the General Meeting of Shareholders (GMS). This accountability                  this task the Board of Commissioners is assisted by the
is a manifestation of oversight accountability for company                      Nomination and Remuneration Committee;
management in the implementation of CG principles.




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    d. Making assessments, giving opinions and advice on the                m. Developing work programs for the Board of
       risk control system. In carrying out this task the Board                 Commissioners which includes programs for the Board
       of Commissioners is assisted by the Risk Monitoring                      of Commissioners supporting committees.
       Committee and Audit Committee.                                    3. Each Commissioner must adhere to their duties, responsibilities,
    e. Making assessments, giving opinions and advice on the                and limitations, including but not limited to the following:
       Draft Business Plan and its translation into the Bank’s              a. Law No. 40 of 2007 on Limited Liability Companies,
       Annual Work Plan and Budget;                                             Article 108, Paragraph 4, which states that the Board of
    f. Giving approval for draft strategic business decisions                   Commissioners consisting of more than one (1) member
       or policies that comply with legislation, the Articles of                functions as a collegial body, and each member cannot
       Association and GMS decisions and prudential banking                     act individually but must act based on the decisions of
       practices, including a commitment to avoid all forms of                  the Board of Commissioners.
       conflict of interest;                                                b. Law No. 21 of 2008, dated July 16, 2008, on Sharia
    g. Making assessment of internal and external auditor                       Banking.
       reports and giving advices to management on matters
       that need to be followed up. In carrying out its duties,          Duties and Responsibilities of The President
       the Board of Commissioners is assisted by the Audit               Commissioner
       Committee and Risk Monitoring Committee;
    h. Conducting periodic oversight and giving advices to               To fulfill the role of the President Commissioner, the President
       management on the implementation of good corporate                Commissioner has the following duties and responsibilities:
       governance. In carrying out this task the Board of                1. Convening Board of Commissioners' meetings in writing,
       Commissioners is assisted by the Risk Monitoring                      notifying all members of the Board of Commissioners,
       Committee;                                                            including the agenda, date, time, and location of the meeting;
    i. Conducting periodic oversight over the implementation             2. Acting as the Chairperson in Board of Commissioners'
       of the RKAP and provide opinion/approval on changes                   meetings;
       to the RKAP in accordance with applicable regulations;            3. Ensuring the execution of Board of Commissioners' meetings
    j. Submitting monitoring reports to authorities and                      and Committee meetings under the Board of Commissioners,
       Shareholders;                                                         including maintaining the orderliness of meeting minutes;
    k. Overseeing the quality of bank services to customers              4. Receiving reports from the Committees under the Board of
       and giving necessary advices to management;                           Commissioners;
    l. Making assessments, giving opinions and advices on the            5. Coordinating all duties of the Board of Commissioners,
       implementation of risk management including matters                   ensuring they are distributed as evenly as possible.
       related to fraud control;




Scope of Supervisory Duties of The Board of Commissioners

            Name                              Position                                       Field of Assignment
                                                                     •   Member of Audit Committee
 Muliaman Dharmansyah          President Commissioner concurrently
                                                                     •   Member of Nomination and Remuneration Committee
 Hadad                         Independent
                                                                     •   Member of Risk Monitoring Committee
                                                                     •   Chairman and Member of the Risk Monitoring Committee
                               Deputy President Commissioner
 Adiwarman Azwar Karim                                               •   Member of the Nomination and Remuneration Committee
                               concurrently Independent
                                                                     •   Member of the Audit Committee
 Masduki Baidlowi              Commissioner                          Member of the Nomination and Remuneration Committee
 Suyanto                       Commissioner                          Member of the Risk Monitoring Committee
 Abu Rokhmad                   Commissioner                          Member of the Risk Monitoring Committee
 Imam Budi Sarjito*            Commissioner                          Member of the Risk Monitoring Committee
 Sutanto*                      Commissioner                          Member of the Risk Monitoring Committee
 Fauzi**                       Commissioner                          Member of the Risk Monitoring Committee
 Nazaruddin**                  Commissioner                          Member of the Risk Monitoring Committee
                                                                     •   Chairman and Member of the Nomination and Remuneration Committee
 Komaruddin Hidayat            Independent Commissioner              •   Member of the Audit Committee
                                                                     •   Member of the Risk Monitoring Committee




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              Name                                    Position                                   Field of Assignment
                                                                          •   Chairman and Member of the Audit Committee
 Mohamad Nasir                       Independent Commissioner             •   Member of the Nomination and Remuneration Committee
                                                                          •   Member of the Risk Monitoring Committee
                                                                          •   Member of the Risk Monitoring Committee
 Felicitas Tallulembang**            Independent Commissioner
                                                                          •   Member of the Audit Committee

*Term Ended as of May 17, 2024
*Term Started as of May 17, 2024, and Effective as of December 10, 2024



Rights and Authorities of The Board of                                        6. Each Commissioner has the right to attend meetings held
Commissioners                                                                    by the Board of Directors or its subordinate units without
                                                                                 participating in decision-making.
1. The Board of Commissioners has the authority to grant                      7. The Board of Commissioners, by majority vote, has the right
   written approval for decisions made by the Board of                           to temporarily dismiss one or more members of the Board
   Directors regarding the following actions:                                    of Directors if they are found to act against the Articles of
   a. Purchasing, selling, leasing, or otherwise acquiring or                    Association, neglect their obligations, or if there are urgent
        relinquishing rights over immovable assets, including                    reasons concerning the Bank.
        buildings, land rights, and companies, exceeding a                    8. Such temporary dismissal must be communicated in writing
        certain threshold as determined by the Board of                          to the concerned individual, along with the reasons for the
        Commissioners;                                                           action.
   b. Borrowing or lending money on behalf of the Company                     9. Within 30 (thirty) days of the temporary dismissal, the Board
        beyond the monetary limits set periodically by the                       of Commissioners must convene a GMS to decide whether
        Board of Commissioners, provided that withdrawing                        the concerned member of the Board of Directors will be
        funds from existing loan accounts or debts shall not be                  permanently dismissed or reinstated, allowing the individual
        considered borrowing for the purpose of this provision;                  to be present and defend themselves.
   c. Pledging, guaranteeing, or otherwise encumbering
        the Company’s assets beyond the monetary limits set                   Term of Office of The Board of Commissioners
        periodically by the Board of Commissioners;
   d. Binding the Company as a guarantor (borg or avalist)                    1. Independent and non-Independent members of the Board
        beyond the monetary limits set periodically by the Board                 of Commissioners are appointed by the GMS for a period
        of Commissioner;                                                         starting from the closing of the GMS that appointed them
   e. Listing the Company’s shares on the Capital Market;                        or as determined otherwise by the GMS and ending at the
   f. Waiving, transferring, or relinquishing collection rights                  close of the 3rd (three) Annual GMS after their appointment.
        for written-off non-performing principal receivables,                    However, this does not reduce the GMS’s right to dismiss
        provided that the General Meeting of Shareholders                        members of the Board of Commissioners before their term
        (GMS) determines the amount of write-offs permitted,                     of office ends by stating the reasons. The termination
        whether for non-performing principal receivables already                 takes effect from the closing of the GMS, unless otherwise
        written off or the difference between the principal                      determined by the GMS.
        amount and the recovery value of such receivables.                    2. The term of office of Independent and Non Independent
2. The Board of Commissioners has the right to enter the                         Commissioners is 2 (two) consecutive terms, or a maximum
   Bank’s premises, buildings, and other locations used or                       of 6 (six) years.
   controlled by the Bank during office hours at any time and
   to examine all books, documents, and other evidence, verify                Criteria for Members of The Board of
   and reconcile cash balances, and be informed of all actions                Commissioners
   taken by the Board of Directors.
3. Any actions taken under paragraph (2) must be carried out in               Parties eligible as members of the Board of Commissioners
   the capacity of the Board of Commissioners and reported in                 are individuals who meet the following criteria at the time of
   a Board of Commissioners meeting.                                          appointment and while in office:
4. If deemed necessary, the Board of Commissioners has the                    1. Shall have good morals, intentions and integrity
   right to seek expert assistance to perform its duties for a                2. Shall be able to take legal actions
   limited period at the Bank’s expense.                                      3. Within 5 (five) years prior to appointment and during office:
5. Each Commissioner has the right to request explanations on                     a. Has never been declared bankrupt
   any matter from the Board of Directors or any subordinate                      b. Has never been a member of the Board of Directors and/
   levels, and the Board of Directors must provide the requested                      or a member of the Board of Commissioners convicted
   explanation.                                                                       guilty for causing a company to be declared bankrupt.




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     c.   Never been convicted of committing a criminal act that         8. Types and Quorum of Meetings
          is detrimental to state finances and/or related to the         9. Participants in Board of Commissioners Meetings
          financial sector.                                              10. Meeting Chairperson
     d. Has never been a member of the Board of Directors and/           11. Meeting Materials
          or member of the Board of Commissioners who while in           12. Meeting Decisions
          office:                                                        13. Meeting Minutes
          • Failed to hold an annual GMS                                 14. Meeting Organization
          • His accountability as a member of the Board                  15. Secretary of the Board of Commissioners
               of Directors and/or member of the Board of                16. Division of Routine Tasks
               Commissioners was once not accepted by the                17. Commissioners’ Working Hours
               GMS or has never provided his accountability as a         18. Document Signing
               member of the Board of Directors and/or member            19. Business Trips
               of the Board of Commissioners to the GMS.                 20. Continuing Education Management Report
          • Has once caused a company that obtained a permit,            21. Evaluation of the Board of Commissioners’ Performance
               approval or registration from the OJK to fail to meet     22. Amendments
               its obligation to submit an annual report and/or          23. Conclusion
               financial report to the OJK.
4.   Shall have a commitment to comply with regulatory                   Policy on Multiple Board Positions of The Board
     provisions.                                                         of Commissioners
5.   Shall have knowledge and/or expertise in the field required
     by the Company                                                      Members of the Board of Commissioners are prohibited from
6.   Shall not be anyone who works or has the authority and              holding concurrent positions:
     responsibility to plan, lead, control or supervise the activities   1. As a member of the board of directors, member of the board
     of the Issuer or Public Company within the last 6 (six) months,         of commissioners, member of the sharia supervisory board,
     except for reappointment as an Independent Commissioner                 or executive officer at a financial institution or financial
     of the Issuer or Public Company in the next period                      company, whether a bank or non-bank;
7.   Shall meet other criteria in accordance with applicable             2. As a member of the board of directors, member of the
     regulatory provisions.                                                  board of commissioners, member of the sharia supervisory
                                                                             board, or executive officer at more than 1 (one) non-financial
Board Charterof The Board of Commissioners                                   institution or company, whether domiciled in or outside the
                                                                             country;
In carrying out its authority and responsibilities, the Board of         3. In the field of functional duties at a bank financial institution
Commissioners refers to the Guidelines and Rules of Procedure                and/or non-bank financial institution domiciled in or outside
of the Board of Commissioners. These guidelines and rules bind               the country;
every member of the Board of Commissioners, enabling them                4. In other positions that may give rise to a conflict of
to carry out their oversight function efficiently, effectively,              interest in carrying out duties as a member of the Board of
transparently, independently, and professionally. The Board of               Commissioners; and/or
Commissioners has established guidelines and rules of procedure          5. In other positions in accordance with the provisions of laws
in accordance with the provisions of Bank Indonesia/Financial                and regulations.
Services Authority. These guidelines are periodically updated,
as stipulated in the Decision of the Board of Commissioners of           None of member of the Board of Commissioners has violated
PT Bank Syariah Indonesia Tbk. Number: DEC.COM/001/2021.                 the provisions on concurrent positions. Concurrent positions
With these guidelines in place, it is expected that the performance      by members of the Board of Commissioners are currently still
of the Board of Commissioners’ tasks will be more focused and            permitted under the provisions on concurrent positions.
effective, and it can be used as one of the tools for assessing
the performance of the Board of Commissioners. The guidelines            Management of Conflicts of Interest
cover various aspects of the Board of Commissioners, as follows:
1. General Provisions                                                    Each member of the Board of Commissioners is prohibited from
2. Structure of the Board of Commissioners                               gaining personal benefits, either directly or indirectly, from the
3. Duties of the Board of Commissioners                                  Company's activities beyond legitimate earnings. Any member of
4. Obligations of the Board of Commissioners                             the Board of Commissioners who has a personal interest, in any
5. Rights and Authorities of the Board of Commissioners                  manner, whether directly or indirectly, in a transaction, contract,
6. Bank Confidentiality and Conflict of Interest                         or proposed contract in which the Company is a party, must
7. Committees and Other Supporting Bodies                                declare the nature of their interest in a Board of Commissioners
                                                                         meeting and shall not have the right to participate in voting on
                                                                         matters related to such transactions or contracts.




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Independent Commissioner

An Independent Commissioner is a member of the Board of Commissioners who does not have any f inancial, managerial, shareholding,
and/or family relationships with members of the Board of Directors, other Commissioners, and/or controlling shareholders. Additionally,
they do not have any relationships with the Bank that could influence their ability to act independently.


Independent Commissioner Criteria


                                                                         Independent Commissioner

  Independent Commissioner Criteria                Muliaman
                                                                Adiwarman        Komaruddin                             Felicitas
                                                  Dharmansyah                                     Mohamad Nasir
                                                                Azwar Karim        Hidayat                            Tallulembang
                                                     Hadad
 Not anyone who works or has the authority
 and responsibility to plan, lead, control or
 oversee the activities of the Issuer or Public
 Company within the last 6 (six) months,               √            √                  √                  √                  √
 except for reappointment as Independent
 Commissioner of the Issuer or Public
 Company in the following period.
 Does not have shares either directly or
                                                       √            √                  √                  √                  √
 indirectly in the Issuer or Public Company.
 Has no affiliation with the Issuer or Public
 Company, members of the Board of
 Commissioners, members of the Board of                √            √                  √                  √                  √
 Directors, or the main shareholders of the
 Issuer or Public Company.
 Does not have any direct or indirect
 business relationship related to the
                                                       √            √                  √                  √                  √
 business activities of the Issuer or Public
 Company.



Independent Commissioner's Statement




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     PT Bank Syariah Indonesia Tbk
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Board of Commissioners Meeting                                        13. The Board of Commissioners’ meeting shall be chaired by
                                                                          the President Commissioner. If the President Commissioner
Meeting Policy                                                            is absent or unable to attend, which does not need to be
                                                                          proven to third parties, the meeting shall be chaired by
1. The Board of Commissioners’ meeting may be held at any                 another Board of Commissioners member chosen from
    time as deemed necessary by one or more members of the                among those present.
    Board of Commissioners or upon a written request from the         14. A member of the Board of Commissioners may only be
    Board of Directors specifying the matters to be discussed.            represented in a meeting by another Board of Commissioners
2. The Board of Commissioners must hold meetings at least                 member through a power of attorney.
    once (1) a month, where the Board of Commissioners may            15. Each member of the Board of Commissioners is entitled to
    invite the Board of Directors.                                        one (1) vote and an additional one (1) vote for every other
3. A Board of Commissioners’ meeting is valid and authorized              Board of Commissioners member they represent.
    to make binding decisions if attended or represented by           16. Any member of the Board of Commissioners with a personal
    more than half (½) of the total members of the Board of               interest, directly or indirectly, in a transaction, contract,
    Commissioners.                                                        or proposed contract in which the Company is a party,
4. The Board of Commissioners must hold joint meetings                    must declare the nature of their interest in a Board of
    with the Board of Directors at least once (1) every three (3)         Commissioners meeting and shall not have the right to vote
    months.                                                               on matters related to such transactions or contracts, unless
5. The attendance of Board of Commissioners’ members in                   otherwise determined by the meeting.
    meetings must be disclosed in the annual report.                  17. Voting on personal matters shall be conducted by a closed
6. The Board of Commissioners must schedule meetings for                  ballot without a signature, while voting on other matters
    the following year before the end of the fiscal year.                 shall be conducted verbally unless otherwise determined by
7. For scheduled meetings, meeting materials must be provided             the meeting chairperson, without objection from attendees.
    to participants no later than five (5) days before the meeting.   18. Decisions of the Board of Commissioners’ meetings must be
8. For unscheduled meetings, meeting materials must be                    made based on deliberation for consensus.
    provided to participants no later than before the meeting is      19. If consensus cannot be reached, decisions shall be made by
    held.                                                                 majority vote, with approval from more than half (½) of the
9. The President Commissioner shall call Board of                         attending or represented Board of Commissioners member.
    Commissioners’ meetings. If the President Commissioner            20. The meeting results must be recorded in the minutes of the
    is unable to do so for any reason, which does not need to             meeting, signed by all attending Board of Commissioners
    be proven to third parties, one (1) member of the Board of            members, and distributed to all members of the Board of
    Commissioners appointed by the President Commissioner                 Commissioners.
    shall have the right and authority to call the meeting.           21. The meeting results must also be recorded in the minutes of
10. The meeting notice must be sent in written form through               the meeting, signed by attending members of both the Board
    any available means to all members of the Board of                    of Commissioners and Board of Directors, and distributed to
    Commissioners at least five (5) calendar days before the              all members of both Boards.
    meeting, excluding the date of the notice and the meeting         22. If any member of the Board of Directors and/or Board of
    date. In urgent situations, as determined by the President            Commissioners does not sign the minutes of the meeting,
    Commissioner, the notice may be sent at least one (1)                 they must provide written reasons in a separate letter
    calendar day before the meeting. If all members of the Board          attached to the meeting minutes.
    of Commissioners attend the meeting, prior notice is not          23. The minutes of the meeting must be documented by the
    required.                                                             Company.
11. The meeting notice must include the agenda, date, time, and       24. The minutes of the meeting serve as valid evidence of
    venue of the meeting.                                                 decisions made during the Board of Commissioners’
12. Board of Commissioners’ meetings shall be held at the                 meetings, for both the Board members and third parties.
    Company’s headquarters, business locations, or at the Stock       25. Abstention votes shall be considered as approval of the
    Exchange where the Company's shares are listed, or any                proposed resolution. Invalid votes shall be considered non-
    other location within the Republic of Indonesia.                      existent and shall not be counted in determining the total
                                                                          votes cast.




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26. The Board of Commissioners may also make valid and binding              28. Any member of the Board of Commissioners who has a
    decisions without holding a physical meeting, provided that                 personal interest, directly or indirectly, in a transaction,
    all members have been notified in writing of the proposed                   contract, or proposed contract in which the Company is a
    resolutions and all members give their written consent and                  party must declare their interest in a Board of Commissioners’
    sign the agreement. Such decisions shall have the same legal                meeting and shall not have the right to vote on matters
    force as those made in a formal Board of Commissioners’                     related to such transactions or contracts.
    meeting.
27. If a Board of Commissioners’ member cannot attend the
    meeting in person, they may participate via teleconference,
    video conference, or other electronic media as permitted by
    applicable regulations.




Internal Meeting Plan of The Board of Commissioners

Internal Meeting Plan of the Board of Commissioners

 No.        Month                          Agenda                               No.        Month                      Agenda
                          1. Update Performance Report                                               1. Update Laporan Kinerja
  1.        January                                                             7.          July
                          2. Update Project Progress                                                 2. Update Progress Project
                          1. Update Laporan Kinerja                                                  1. Update Performance Report
  2.        February                                                            8.         August
                          2. Update Progress Project                                                 2. Update Project Progress
                          1. Performance Report Update                                               1. Update Performance Report
  3.         March        2. Project Progress Update                            9.    September
                                                                                                     2. Update Project Progress
                          3. GMS Preparation Update
                                                                                                     1. Update Performance Report
                          1. Update Performance Report                          10.       October
  4.          April                                                                                  2. Update Project Progress
                          2. Update Project Progress
                                                                                                     1. Update Performance Report
                          1. Update Performance Report                          11.       November
                                                                                                     2. Update Project Progress
                          2. Update Project Progress
  5.          May                                                                                    1. Update Performance Report
                          3. Branch Service Update and RBB Review               12.       December
                          Update                                                                     2. Update Project Progress

                          1. Update Performance Report
  6.          June
                          2. Update Project Progress




Realization of Internal Meetings of the Board of Commissioners
Throughout 2024, the agenda, dates, and participants of the Board of Commissioners' meetings were as follows


Table of Board of Commissioners' Meetings
 No.         Date                      Meeting Agenda                     Meeting participants          Attendance       Reason for Absence
                                                                      Muliaman Dharmansyah Hadad           Present

                                                                      Adiwarman Azwar Karim                Present

                                                                      Masduki Baidlowi                     Present

                                                                      Suyanto                              Present
                          Changes in the Membership Appointment
         January 26,
  1.                      of the Supporting Committees of the Board   Abu Rokhmad                          Present
         2024
                          of Commissioners
                                                                      Imam Budi Sarjito                    Present

                                                                      Sutanto                              Present

                                                                      Komaruddin Hidayat                   Present

                                                                      Mohamad Nasir                        Present




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No.       Date                    Meeting Agenda                        Meeting participants     Attendance    Reason for Absence
                                                                    Muliaman Dharmansyah Hadad     Present

                                                                    Adiwarman Azwar Karim          Present

                                                                    Masduki Baidlowi               Present

                                                                    Suyanto                        Present
      January 26,      Performance Evaluation of PT Bank Syariah
2.                                                                  Abu Rokhmad                    Present
      2024             Indonesia Tbk as of December 31, 2023
                                                                    Imam Budi Sarjito              Present

                                                                    Sutanto                        Present

                                                                    Komaruddin Hidayat             Present

                                                                    Mohamad Nasir                  Present

                                                                    Muliaman Dharmansyah Hadad     Present

                                                                    Adiwarman Azwar Karim          Present

                                                                    Masduki Baidlowi               Present

                                                                    Suyanto                        Present
      February 21,     Performance Evaluation of PT Bank Syariah
3.                                                                  Abu Rokhmad                    Present
      2024             Indonesia Tbk for January 2024
                                                                    Imam Budi Sarjito              Present

                                                                    Sutanto                        Present

                                                                    Komaruddin Hidayat             Present

                                                                                                   Present

                                                                    Muliaman Dharmansyah Hadad     Present

                                                                    Adiwarman Azwar Karim          Present

                                                                    Masduki Baidlowi               Present

                                                                    Suyanto                        Present
                       Proposal for the Annual General Meeting
      February 21,
4.                     of Shareholders (AGMS) for the 2023 Fiscal   Abu Rokhmad                    Present
      2024
                       Year
                                                                    Imam Budi Sarjito              Present

                                                                    Sutanto                        Present

                                                                    Komaruddin Hidayat             Present

                                                                    Mohamad Nasir                  Present

                                                                    Muliaman Dharmansyah Hadad     Present

                                                                    Adiwarman Azwar Karim          Present

                                                                    Masduki Baidlowi               Present

                                                                    Suyanto                        Present
                       Performance Evaluation of PT Bank
5.    April 04, 2024   Syariah Indonesia Tbk for February 2024      Abu Rokhmad                    Present
                       (Rescheduled from March 28, 2024)
                                                                    Imam Budi Sarjito              Present

                                                                    Sutanto                        Present

                                                                    Komaruddin Hidayat             Present

                                                                                                   Present

                                                                    Muliaman Dharmansyah Hadad     Present

                                                                    Adiwarman Azwar Karim          Present

                                                                    Masduki Baidlowi               Present

                                                                    Suyanto                        Present
                       Performance Evaluation of PT Bank Syariah
6.    April 25, 2024                                                Abu Rokhmad                    Present
                       Indonesia Tbk for March 2024
                                                                    Imam Budi Sarjito              Present

                                                                    Sutanto                        Present

                                                                    Komaruddin Hidayat             Present

                                                                    Mohamad Nasir                  Present




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 No.         Date                      Meeting Agenda                      Meeting participants    Attendance    Reason for Absence
                                                                      Muliaman Dharmansyah Hadad     Present

                                                                      Adiwarman Azwar Karim          Present

                                                                      Masduki Baidlowi               Present

                                                                      Suyanto                        Present
                          Changes in the Membership Appointment       Abu Rokhmad                    Present
  7.     May 31, 2024     of the Supporting Committees of the Board
                          of Commissioners                            Fauzi                          Present

                                                                      Nazaruddin                     Present

                                                                      Komaruddin Hidayat             Present

                                                                      Mohamad Nasir                  Present

                                                                      Felicitas Tallulembang         Present

                                                                      Muliaman Dharmansyah Hadad     Present

                                                                      Adiwarman Azwar Karim          Present

                                                                      Masduki Baidlowi               Present

                                                                      Suyanto                        Present

                          Performance Evaluation of PT Bank Syariah   Abu Rokhmad                    Present
  8.     May 31, 2024
                          Indonesia Tbk for April 2024                Fauzi                          Present

                                                                      Nazaruddin                     Present

                                                                      Komaruddin Hidayat             Present

                                                                      Mohamad Nasir                  Present

                                                                      Felicitas Tallulembang         Present

                                                                      Muliaman Dharmansyah Hadad     Present

                                                                      Adiwarman Azwar Karim          Present

                                                                      Masduki Baidlowi               Present

                                                                      Suyanto                        Present

                          Revision of the Bank Business Plan (RBB)    Abu Rokhmad                  Not present          Hajj
  9.     June 13, 2024
                          for 2024                                    Fauzi                          Present

                                                                      Nazaruddin                     Present

                                                                      Komaruddin Hidayat             Present

                                                                      Mohamad Nasir                  Present

                                                                      Felicitas Tallulembang         Present

                                                                      Muliaman Dharmansyah Hadad     Present

                                                                      Adiwarman Azwar Karim          Present

                                                                      Masduki Baidlowi               Present

                                                                      Suyanto                        Present

                          Performance Evaluation of Bank Syariah      Abu Rokhmad                  Not present          Hajj
 10.     June 27, 2024
                          Indonesia for May 2024                      Fauzi                          Present

                                                                      Nazaruddin                     Present

                                                                      Komaruddin Hidayat             Present

                                                                      Mohamad Nasir                  Present

                                                                                                     Present

                                                                      Muliaman Dharmansyah Hadad     Present

                          Performance Evaluation of Bank Syariah      Adiwarman Azwar Karim          Present
 11.     July 25, 2024
                          Indonesia for June 2024                     Masduki Baidlowi             Not present       Permission

                                                                      Suyanto                        Present




       PT Bank Syariah Indonesia Tbk
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No.       Date                   Meeting Agenda                      Meeting participants    Attendance    Reason for Absence
                                                                Abu Rokhmad                    Present

                                                                Fauzi                          Present

                                                                Nazaruddin                     Present

                                                                Komaruddin Hidayat             Present

                                                                Mohamad Nasir                  Present

                                                                                               Present

                                                                Muliaman Dharmansyah Hadad     Present

                                                                Adiwarman Azwar Karim          Present

                                                                Masduki Baidlowi             Not present         Permission

                                                                Suyanto                        Present

      September 11,   Performance Evaluation of Bank Syariah    Abu Rokhmad                    Present
12.
      2024            Indonesia for July 2024                   Fauzi                          Present

                                                                Nazaruddin                     Present

                                                                Komaruddin Hidayat           Not present         Permission

                                                                Mohamad Nasir                  Present

                                                                Felicitas Tallulembang         Present

                                                                Muliaman Dharmansyah Hadad     Present

                                                                Adiwarman Azwar Karim          Present

                                                                Masduki Baidlowi             Not present         Permission

                                                                Suyanto                        Present

      September 26,   Performance Evaluation of Bank Syariah    Abu Rokhmad                    Present
13.
      2024            Indonesia for August 2024                 Fauzi                          Present

                                                                Nazaruddin                     Present

                                                                Komaruddin Hidayat             Present

                                                                Mohamad Nasir                  Present

                                                                Felicitas Tallulembang         Present

                                                                Muliaman Dharmansyah Hadad     Present

                                                                Adiwarman Azwar Karim          Present

                                                                Masduki Baidlowi               Present

                                                                Suyanto                        Present
                      Determination of Changes in the
      October 10,     Membership of the Supporting Committees   Abu Rokhmad                    Present
14.
      2024            of the Board of Commissioners             Fauzi                          Present
                      (Remuneration and Nomination Committee)
                                                                Nazaruddin                     Present

                                                                Komaruddin Hidayat             Present

                                                                Mohamad Nasir                  Present

                                                                Felicitas Tallulembang         Present

                                                                Muliaman Dharmansyah Hadad     Present

                                                                Adiwarman Azwar Karim          Present

                                                                Masduki Baidlowi               Present

                                                                Suyanto                        Present

      October 30,     Performance Evaluation of Bank Syariah    Abu Rokhmad                    Present
15.
      2024            Indonesia for September 2024              Fauzi                          Present

                                                                Nazaruddin                     Present

                                                                Komaruddin Hidayat             Present

                                                                Mohamad Nasir                  Present

                                                                Felicitas Tallulembang         Present




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 No.         Date                      Meeting Agenda                   Meeting participants          Attendance    Reason for Absence
                                                                   Muliaman Dharmansyah Hadad           Present

                                                                   Adiwarman Azwar Karim                Present

                                                                   Masduki Baidlowi                     Present

                                                                   Suyanto                              Present
                          Proposal for the Work Plan & Corporate   Abu Rokhmad                          Present
         November 8,
 16.                      Budget (RKAP) 2025 and Bank Business
         2024                                                      Fauzi                              Not present       Permission
                          Plan (RBB) 2025-2027
                                                                   Nazaruddin                           Present

                                                                   Komaruddin Hidayat                   Present

                                                                   Mohamad Nasir                        Present

                                                                   Felicitas Tallulembang               Present

                                                                   Muliaman Dharmansyah Hadad           Present

                                                                   Adiwarman Azwar Karim                Present

                                                                   Masduki Baidlowi                     Present

                                                                   Suyanto                              Present

         November 21,     Performance Evaluation of Bank Syariah   Abu Rokhmad                          Present
 17.
         2024             Indonesia for October 2024               Fauzi                                Present

                                                                   Nazaruddin                           Present

                                                                   Komaruddin Hidayat                   Present

                                                                   Mohamad Nasir                        Present

                                                                   Felicitas Tallulembang               Present

                                                                   Muliaman Dharmansyah Hadad           Present

                                                                   Adiwarman Azwar Karim                Present

                                                                   Masduki Baidlowi                     Present

                                                                   Suyanto                              Present
                          Performance Evaluation of Bank Syariah
         December 19,     Indonesia for November 2024 and PwC      Abu Rokhmad                        Not present       Permission
 18.
         2024             Hard Close Meeting for the 2024 Bank     Fauzi                                Present
                          Syariah Indonesia Audit
                                                                   Nazaruddin                           Present

                                                                   Komaruddin Hidayat                   Present

                                                                   Mohamad Nasir                        Present

                                                                   Felicitas Tallulembang               Present



Joint Meetings of The Board of Commissioners and Board of Directors

Throughout 2024, the agenda, dates, and participants of the Joint Meetings of the Board of Commissioners and Board of Directors were
as follows.


Table of Joint Meetings of the Board of Commissioners and Board of Directors
           Meeting                               Meeting Participants -                        Meeting Participants -     Attendance
 No.                           Agenda                                        Attendance
            Date                                Board of Commissioners                          Board of Directors
                                               Muliaman Dharmansyah
                                                                                Present     Hery Gunardi                    Present
                                               Hadad
                          BSI Performance      Adiwarman Azwar Karim            Present     Bob Tyasika Ananta            Not present
         January 26,
  1                       Evaluation
         2024                                  Masduki Baidlowi                 Present     Ngatari                       Not present
                          December 2023
                                               Suyanto                          Present     Tribuana Tunggadewi           Not present
                                               Abu Rokhmad                      Present     Anton Sukarna                 Not present




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        Meeting                               Meeting Participants -                 Meeting Participants -         Attendance
No.                         Agenda                                     Attendance
         Date                                Board of Commissioners                   Board of Directors
                                             Imam Budi Sarjito           Present    Ade Cahyo Nugroho                 Present
                                             Sutanto                     Present    Zaidan Novari                   Not present
                                             Komaruddin Hidayat          Present    Moh. Adib                         Present
                                                                                    Saladin Dharmanugraha
                                                                                                                    Not present
                                             Mohamad Nasir               Present    Effendi
                                                                                    Grandhis Helmi Harumansyah        Present
                                             Muliaman Dharmansyah
                                                                         Present    Hery Gunardi                      Present
                                             Hadad
                                             Adiwarman Azwar Karim       Present    Bob Tyasika Ananta                Present
                                             Masduki Baidlowi            Present    Ngatari                           Present
                                             Suyanto                     Present    Tribuana Tunggadewi               Present
                       BSI Performance       Abu Rokhmad                 Present    Anton Sukarna                     Present
      February 21,
 2                     Evaluation January
      2024                                   Imam Budi Sarjito           Present    Ade Cahyo Nugroho                 Present
                       2024
                                             Sutanto                     Present    Zaidan Novari                     Present
                                             Komaruddin Hidayat          Present    Moh. Adib                         Present
                                                                                    Saladin Dharmanugraha
                                                                                                                      Present
                                             Mohamad Nasir               Present    Effendi
                                                                                    Grandhis Helmi Harumansyah        Present
                                             Muliaman Dharmansyah
                                                                         Present    Hery Gunardi                      Present
                                             Hadad
                                             Adiwarman Azwar Karim       Present    Bob Tyasika Ananta                Present
                                             Masduki Baidlowi            Present    Ngatari                           Present
                                             Suyanto                     Present    Tribuana Tunggadewi             Not present
                       BSI Performance       Abu Rokhmad                 Present    Anton Sukarna                     Present
 3    April 04, 2024   Evaluation February
                       2024                  Imam Budi Sarjito           Present    Ade Cahyo Nugroho                 Present
                                             Sutanto                     Present    Zaidan Novari                     Present
                                             Komaruddin Hidayat          Present    Moh. Adib                         Present
                                                                                    Saladin Dharmanugraha
                                                                                                                      Present
                                             Mohamad Nasir               Present    Effendi
                                                                                    Grandhis Helmi Harumansyah        Present
                                             Muliaman Dharmansyah
                                                                         Present    Hery Gunardi                    Not present
                                             Hadad
                                             Adiwarman Azwar Karim       Present    Bob Tyasika Ananta                Present
                                             Masduki Baidlowi            Present    Ngatari                         Not present
                                             Suyanto                     Present    Tribuana Tunggadewi               Present
                       BSI Performance       Abu Rokhmad                 Present    Anton Sukarna                     Present
 4    April 25, 2024   Evaluation March
                       2024                  Imam Budi Sarjito           Present    Ade Cahyo Nugroho               Not present
                                             Sutanto                     Present    Zaidan Novari                     Present
                                             Komaruddin Hidayat          Present    Moh. Adib                         Present
                                                                                    Saladin Dharmanugraha
                                                                         Present                                       Hadir
                                             Mohamad Nasir                          Effendi
                                                                         Present    Grandhis Helmi Harumansyah      Not present
                                             Muliaman Dharmansyah
                                                                         Present    Hery Gunardi                      Present
                                             Hadad
                                             Adiwarman Azwar Karim       Present    Bob Tyasika Ananta              Not present
                       BSI Performance
 5    May 30, 2024     Evaluation April      Masduki Baidlowi            Present    Ade Cahyo Nugroho                 Present
                       2024                  Suyanto                     Present    Anton Sukarna                     Present
                                             Abu Rokhmad                 Present    Tribuana Tunggadewi               Present
                                             Fauzi                       Present    Zaidan Novari                      Hadir




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           Meeting                              Meeting Participants -                   Meeting Participants -     Attendance
 No.                           Agenda                                    Attendance
            Date                               Board of Commissioners                     Board of Directors
                                                                                       Saladin Dharmanugraha
                                               Nazaruddin                  Present                                    Present
                                                                                       Effendi
                                               Komaruddin Hidayat          Present     Grandhis Helmi Harumansyah   Not present
                                               Mohamad Nasir               Present     Ari Rizaldi                    Hadir
                                               Felicitas Tallulembang      Present     Harry Gusti Utama              Present
                                               Muliaman Dharmansyah
                                                                           Present     Hery Gunardi                   Present
                                               Hadad
                                               Adiwarman Azwar Karim       Present     Bob Tyasika Ananta             Present
                                               Masduki Baidlowi            Present     Ade Cahyo Nugroho              Hadir
                                               Suyanto                     Present     Anton Sukarna                  Present

                          Bank Business Plan   Abu Rokhmad                 Present     Tribuana Tunggadewi            Hadir
  6      June 06, 2024
                          Revision 2024        Fauzi                       Present     Zaidan Novari                Not present
                                                                                       Saladin Dharmanugraha
                                               Nazaruddin                  Present                                    Present
                                                                                       Effendi
                                               Komaruddin Hidayat          Present     Grandhis Helmi Harumansyah   Not present
                                               Mohamad Nasir               Present     Ari Rizaldi                    Present
                                               Felicitas Tallulembang      Present     Harry Gusti Utama              Present
                                               Adiwarman Azwar Karim       Present     Hery Gunardi                   Present
                                               Masduki Baidlowi            Present     Bob Tyasika Ananta             Present
                                               Suyanto                     Present     Ade Cahyo Nugroho              Present
                                               Abu Rokhmad               Not present   Anton Sukarna                  Present

                          BSI Performance      Fauzi                       Present     Tribuana Tunggadewi            Present
  7      June 27, 2024    Evaluation May       Nazaruddin                  Present     Zaidan Novari                Not present
                          2024
                                                                                       Saladin Dharmanugraha
                                               Komaruddin Hidayat          Present                                    Present
                                                                                       Effendi
                                               Mohamad Nasir               Present     Grandhis Helmi Harumansyah     Present
                                               Felicitas Tallulembang      Present     Ari Rizaldi                    Present
                                                                                       Harry Gusti Utama              Present
                                               Adiwarman Azwar Karim       Present     Hery Gunardi                 Not present
                                               Masduki Baidlowi            Present     Bob Tyasika Ananta             Present
                                               Suyanto                     Present     Ade Cahyo Nugroho            Not present
                                               Abu Rokhmad                 Present     Anton Sukarna                  Present

                          BSI Performance      Fauzi                       Present     Tribuana Tunggadewi            Present
         September 11,
  8                       Evaluation July      Nazaruddin                  Present     Zaidan Novari                  Present
         2024
                          2024
                                                                                       Saladin Dharmanugraha
                                               Komaruddin Hidayat        Not present                                  Present
                                                                                       Effendi
                                               Mohamad Nasir               Present     Grandhis Helmi Harumansyah   Not present
                                               Felicitas Tallulembang      Present     Ari Rizaldi                    Present
                                                                                       Harry Gusti Utama              Present
                                               Adiwarman Azwar Karim       Present     Hery Gunardi                   Present
                                               Masduki Baidlowi          Not present   Bob Tyasika Ananta             Present
                                               Suyanto                     Present     Ade Cahyo Nugroho              Present
                                               Abu Rokhmad                 Present     Anton Sukarna                  Present

                          BSI Performance      Fauzi                       Present     Tribuana Tunggadewi            Present
         September 26,
  9                       Evaluation August    Nazaruddin                  Present     Zaidan Novari                  Present
         2024
                          2024
                                                                                       Saladin Dharmanugraha
                                               Komaruddin Hidayat          Present                                    Present
                                                                                       Effendi
                                               Mohamad Nasir               Present     Grandhis Helmi Harumansyah     Present
                                               Felicitas Tallulembang      Present     Ari Rizaldi                  Not present
                                                                                       Harry Gusti Utama              Present




       PT Bank Syariah Indonesia Tbk
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          Meeting                            Meeting Participants -                      Meeting Participants -          Attendance
 No.                        Agenda                                      Attendance
           Date                             Board of Commissioners                        Board of Directors
                                            Adiwarman Azwar Karim          Present     Hery Gunardi                        Present
                                            Masduki Baidlowi               Present     Bob Tyasika Ananta                  Present
                                            Suyanto                        Present     Ade Cahyo Nugroho                   Present
                                            Abu Rokhmad                    Present     Anton Sukarna                       Present

                       BSI Performance      Fauzi                          Present     Tribuana Tunggadewi                 Present
       October 30,
  10                   Evaluation           Nazaruddin                     Present     Zaidan Novari                       Present
       2024
                       September 2024
                                                                                       Saladin Dharmanugraha
                                            Komaruddin Hidayat             Present                                         Present
                                                                                       Effendi
                                            Mohamad Nasir                  Present     Grandhis Helmi Harumansyah          Present
                                            Felicitas Tallulembang         Present     Ari Rizaldi                         Present
                                                                                       Harry Gusti Utama                   Present
                                            Adiwarman Azwar Karim          Present     Hery Gunardi                        Present
                                            Masduki Baidlowi               Present     Bob Tyasika Ananta                  Present
                                            Suyanto                        Present     Ade Cahyo Nugroho                   Present
                                            Abu Rokhmad                    Present     Anton Sukarna                       Present

                       BSI Performance      Fauzi                          Present     Tribuana Tunggadewi               Not present
       November 21,
  11                   Evaluation October   Nazaruddin                     Present     Zaidan Novari                       Present
       2024
                       2024
                                                                                       Saladin Dharmanugraha
                                            Komaruddin Hidayat             Present                                         Present
                                                                                       Effendi
                                            Mohamad Nasir                  Present     Grandhis Helmi Harumansyah          Present
                                            Felicitas Tallulembang         Present     Ari Rizaldi                         Present
                                                                                       Harry Gusti Utama                   Present
                                            Adiwarman Azwar Karim          Present     Hery Gunardi                        Present
                                            Masduki Baidlowi               Present     Bob Tyasika Ananta                  Present
                                            Suyanto                        Present     Ade Cahyo Nugroho                   Present
                                            Abu Rokhmad                  Not present   Anton Sukarna                       Present

                       BSI Performance      Fauzi                          Present     Tribuana Tunggadewi                 Present
       December 19,
  12                   Evaluation           Nazaruddin                     Present     Zaidan Novari                       Present
       2024
                       November 2024
                                                                                       Saladin Dharmanugraha
                                            Komaruddin Hidayat             Present                                         Present
                                                                                       Effendi
                                            Mohamad Nasir                  Present     Grandhis Helmi Harumansyah          Present
                                            Felicitas Tallulembang         Present     Ari Rizaldi                         Present
                                                                                       Harry Gusti Utama                   Present



Joint Meeting of the Board of Commissioners, Directors and Sharia Supervisory Board

During 2024, the agenda, dates and participants of the joint meeting of the Board of Commissioners, Directors and Sharia Supervisory
Board were as follows.


                                                                                        Meeting Participants –
          Meeting                            Meeting Participants -
 No.                        Agenda                                      Attendance      Board of Directors and           Attendance
           Date                             Board of Commissioners
                                                                                                 SSB
                                            Adiwarman Azwar Karim          Present     Hery Gunardi                        Present
                                            Masduki Baidlowi             Not present   Bob Tyasika Ananta                  Present
                       BSI Performance      Suyanto                        Present     Ade Cahyo Nugroho                   Present
  1    July 25, 2024   Evaluation June
                       2024                 Abu Rokhmad                    Present     Anton Sukarna                       Present
                                            Fauzi                          Present     Tribuana Tunggadewi                 Present
                                            Nazaruddin                     Present     Zaidan Novari                       Present




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                                                                                        Meeting Participants –
           Meeting                              Meeting Participants -
 No.                           Agenda                                    Attendance     Board of Directors and      Attendance
            Date                               Board of Commissioners
                                                                                                 SSB
                                                                                       Saladin Dharmanugraha
                                               Komaruddin Hidayat          Present                                    Present
                                                                                       Effendi
                                               Mohamad Nasir               Present     Grandhis Helmi Harumansyah     Present
                                                                                       Ari Rizaldi                  Not present
                                                                                       Harry Gusti Utama              Present
                                                                                       Prof. Dr. KH. Hasanudin,
                                                                                                                      Present
                                                                                       M.Ag
                                               Felicitas Tallulembang      Present     DR. H. Mohamad Hidayat,
                                                                                                                      Present
                                                                                       MBA, M.H
                                                                                       Dr. H. Oni Sahroni, MA         Present
                                                                                       Prof. Dr. K.H. Didin
                                                                                                                      Present
                                                                                       Hafidhuddin, M.Sc
                                               Adiwarman Azwar Karim       Present     Hery Gunardi                   Present
                                               Masduki Baidlowi            Present     Bob Tyasika Ananta             Present
                                               Suyanto                     Present     Ade Cahyo Nugroho              Present
                                               Abu Rokhmad                 Present     Anton Sukarna                  Present
                                               Fauzi                     Not present   Tribuana Tunggadewi          Not present
                                               Nazaruddin                  Present     Zaidan Novari                  Present
                                                                                       Saladin Dharmanugraha
                                               Komaruddin Hidayat          Present                                    Present
                                                                                       Effendi
                          Bank Business Plan
         November 8,                           Mohamad Nasir               Present     Grandhis Helmi Harumansyah     Present
  2                       2025 - 2027
         2024
                                                                                       Ari Rizaldi                  Not present
                                                                                       Harry Gusti Utama              Present
                                                                                       Prof. Dr. KH. Hasanudin,
                                                                                                                      Present
                                                                                       M.Ag
                                               Felicitas Tallulembang      Present     DR. H. Mohamad Hidayat,
                                                                                                                      Present
                                                                                       MBA, M.H
                                                                                       Dr. H. Oni Sahroni, MA       Not present
                                                                                       Prof. Dr. K.H. Didin
                                                                                                                      Present
                                                                                       Hafidhuddin, M.Sc
                                               Adiwarman Azwar Karim       Present     Hery Gunardi                   Present
                                               Masduki Baidlowi            Present     Bob Tyasika Ananta             Present
                                               Suyanto                     Present     Ade Cahyo Nugroho              Present
                                               Abu Rokhmad               Not present   Anton Sukarna                  Present
                                               Fauzi                       Present     Tribuana Tunggadewi            Present
                                               Nazaruddin                  Present     Zaidan Novari                  Present
                                                                                       Saladin Dharmanugraha
                                               Komaruddin Hidayat          Present                                    Present
                                                                                       Effendi
                          PwC Hardclose
         December 19,                          Mohamad Nasir               Present     Grandhis Helmi Harumansyah     Present
  3                       Meeting Audit BSI
         2024
                          2024                                                         Ari Rizaldi                  Not present
                                                                                       Harry Gusti Utama              Present
                                                                                       Prof. Dr. KH. Hasanudin,
                                                                                                                      Present
                                                                                       M.Ag
                                               Felicitas Tallulembang      Present     DR. H. Mohamad Hidayat,
                                                                                                                      Present
                                                                                       MBA, M.H
                                                                                       Dr. H. Oni Sahroni, MA         Present
                                                                                       Prof. Dr. K.H. Didin
                                                                                                                      Present
                                                                                       Hafidhuddin, M.Sc




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Frequency and Attendance of Board of Commissioners’ Meetings

Table of Frequency and Attendance of the Board of Commissioners' Meetings
                                                                                      Joint Meeting of the Board of
                                               Board of Commissioners Meeting        Commissioners and the Board of                        GMS
                                                                                               Directors
                                                                                          Number and Percentage of
      Name               Position          Number and Percentage of Attendance                                              Number and Percentage of Attendance
                                                                                               Attendance
                                           Number                                  Number                                   Number
                                                        Number of                               Number of                               Number of
                                             of                       Percentage     of                       Persentase      of                       Percentage
                                                        Attendance                              Attendance                              Attendance
                                           Meetings                                Meetings                                 Meetings
                   President
 Muliaman
                   Commissioner
 Dharmansyah                                   18           18          100%          12            12          100%            2           2            100%
                   concurrently
 Hadad
                   Independent
                   Deputy President
 Adiwarman         Commissioner
                                               18           18          100%          12            12          100%            2           2            100%
 Azwar Karim       concurrently
                   Independent
 Masduki
                   Commissioner                18           15           83%          12            11                          2           2            100%
 Baidlowi
 Suyanto           Commissioner                18           18          100%          12            12          100%            2           2            100%
 Abu Rokhmad       Commissioner                18           15           83%          12            10                          2           2            100%
 Imam Budi
                   Commissioner                 6            6          100%          4             4           100%            1           1            100%
 Sarjito*
 Sutanto*          Commissioner                 6            6          100%          4             4           100%            1           1            100%
 Fauzi**           Commissioner                12           11           92%          8             8           100%            -           -              -
 Nazaruddin**      Commissioner                12           12          100%          8             8           100%            -           -              -
 Komaruddin        Independent
                                               18           17           94%          12            11                          2           2            100%
 Hidayat           Commissioner
                   Independent
 Mohamad Nasir                                 18           18          100%          12            12          100%            2           2            100%
                   Commissioner
 Felicitas         Independent
                                               12           12          100%          8             8           100%            -           -              -
 Tallulembang**    Commissioner

*Stopped serving on May 17, 2024
*Started serving on May 17, 2024 and effective on December 10, 2024



Training and/or Competency Development for Members of The Board of Commissioners

The policy related to improving the competence of the Board of Commissioners is regulated in the Human Capital Standard Operating
Procedure which aims to ensure that each member of the Board of Commissioners has adequate knowledge and skills in carrying out their
duties and responsibilities. The competence development program includes training, workshops, and other activities designed to improve
competence in accordance with the latest developments in the Bank's industry and business. Each member of the Board of Commissioners is
required to participate in a competency development program periodically to ensure that they continue to have relevant understanding and
can make the right decisions. The Board of Commissioners' participation in improving competence during 2024 is as follows.


The realization of capability enhancement programs attended by the Board of Commissioners throughout 2024 is detailed in the
following table:


                                                           Types of Training and Competency                  Time and Place of
           Name                     Position                                                                                                 Organizer
                                                            Development Materials/Training                    Implementation
                                                         Board Forum Q4 2024 Sharing Session
                                                                                                         Bandung/Friday,
                                                         Navigating Uncertainty : Role of Islamic                                      Mandiri Group
 Muliaman                 President Commissioner                                                         February 23, 2024
                                                         Ecosystem in Driving Economic Growth
 Dharmansyah              concurrently
 Hadad                    Independent                    Top Executive Learning Program (TELP)
                                                                                                         Jakarta/Monday,               Bank Syariah Indonesia
                                                         - Series II 2024 Theme: Leadership
                                                                                                         February 26, 2024             University
                                                         Transformation




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                                          Types of Training and Competency              Time and Place of
       Name                  Position                                                                                 Organizer
                                           Development Materials/Training                Implementation
                                        One Day Workshop for Commissioners
                                                                                      Jakarta/Monday, March     Bank Syariah Indonesia
                                        & Commissioners' Apparatus of PT Bank
                                                                                      4, 2024                   University dan IBI
                                        Syariah Indonesia, Tbk
                                        Board Forum Q1 - 2024 Innovation and
                                        Sustainability to Catalyze Mandiri’s Market
                                                                                      Jakarta/Monday, May       PT Bank Mandiri
                                        Dominance Sharing Session Sustainability
                                                                                      20, 2024                  (Persero) Tbk
                                        Synergy: Constructive Collaboration on
                                        Mandiri Ecosystem
                                        Board Forum Q2 - 2024 Strategic
                                                                                      Jakarta/Friday, August    PT Bank Mandiri
                                        Innovation in Conglomerates for Market
                                                                                      09, 2024                  (Persero) Tbk
                                        Domination
                                                                                                                Indonesia Risk
                                        Recertification Provision for Equivalency     Jakarta/ Monday, August
                                                                                                                Professional Association
                                        Level 7 Risk Management                       19, 2024
                                                                                                                - IRPA
                                        Sharing Session at the National Working
                                        Meeting (RAKERNAS) of PT Bank Syariah
                                                                                      Bandung/ Friday,          PT Bank Syariah
                                        Indonesia Tbk by Juan Hasang Enterprise
                                                                                      December 20, 2024         Indonesia Tbk
                                        Solution Architect Manager AWS Indonesia
                                        Topic: Bank of The Future
                                        Board Forum Q4 Tahun 2024 Sharing
                                        Session Navigating Uncertainty : Role of      Bandung/ Friday,
                                                                                                                Mandiri Group
                                        Islamic Ecosystem in Driving Economic         February 23, 2024
                                        Growth
                                        Top Executive Learning Program (TELP)
                                                                                      Jakarta/ Monday,          Bank Syariah Indonesia
                                        - Series II 2024 Theme: Leadership
                                                                                      February 26, 2024         University
                                        Transformation
                                        One Day Workshop for Commissioners
                                                                                      Jakarta/ Monday, March    Bank Syariah Indonesia
                                        & Commissioners' Apparatus of PT Bank
                                                                                      4, 2024                   University and IBI
                                        Syariah Indonesia, Tbk
                                        Board Forum Q1 - 2024 Innovation and
                                        Sustainability to Catalyze Mandiri’s Market
                                                                                      Jakarta/ Monday, May      PT Bank Mandiri
                                        Dominance Sharing Session Sustainability
                                                                                      20, 2024                  (Persero) Tbk
                                        Synergy: Constructive Collaboration on
                                        Mandiri Ecosystem
                     Deputy President
                                        Board Forum Q2 - 2024 Strategic
 Adiwarman Azwar     Commissioner                                                     Jakarta/ Friday, August   PT Bank Mandiri
                                        Innovation in Conglomerates for Market
 Karim               concurrently                                                     09, 2024                  (Persero) Tbk
                                        Domination
                     Independent
                                        National Seminar “DEVELOPMENT
                                        OF SYARIAH BANK PRODUCTS:                     Jakarta/ Wednesday,
                                                                                                                ASBISINDO
                                        “Strengthening the Characteristics and        November 06, 2024
                                        Regulation of Islamic Banking”
                                        Board Forum Q3 - 2024 Collaborative
                                                                                      Jakarta/ Friday,
                                        Future : Paving Pathways For Better                                     Mandiri Group
                                                                                      November 15, 2024
                                        Indonesia
                                        Top Executive Learning Program (TELP) -
                                                                                      Jakarta/ Tuesday,         Bank Syariah Indonesia
                                        December 2024 Theme: Execution Matters:
                                                                                      December 17, 2024         University
                                        Plans Change Nothing
                                        Sharing Session at the National Working
                                        Meeting (RAKERNAS) of PT Bank Syariah
                                                                                      Bandung/ Friday,          PT Bank Syariah
                                        Indonesia Tbk by Juan Hasang Enterprise
                                                                                      December 20, 2024         Indonesia Tbk
                                        Solution Architect Manager AWS Indonesia
                                        Topic: Bank of The Future
                                        Board Forum Q4 Tahun 2024 Sharing
                                        Session Navigating Uncertainty : Role of      Bandung/ Friday,
                                                                                                                Mandiri Group
                                        Islamic Ecosystem in Driving Economic         February 23, 2024
                                        Growth
                                        Top Executive Learning Program (TELP)
 Masduki Baidlowi    Commissioner                                                     Jakarta/ Monday,          Bank Syariah Indonesia
                                        - Series II 2024 Theme: Leadership
                                                                                      February 26, 2024         University
                                        Transformation
                                        One Day Workshop for Commissioners
                                                                                      Jakarta/ Monday, March    Bank Syariah Indonesia
                                        & Commissioners' Apparatus of PT Bank
                                                                                      4, 2024                   University and IBI
                                        Syariah Indonesia, Tbk




     PT Bank Syariah Indonesia Tbk
346 2024 Annual Report
Page 349
                                 Types of Training and Competency              Time and Place of
     Name           Position                                                                                 Organizer
                                  Development Materials/Training                Implementation
                               Board Forum Q1 - 2024 Innovation and
                               Sustainability to Catalyze Mandiri’s Market
                                                                             Jakarta/ Monday, May      PT Bank Mandiri
                               Dominance Sharing Session Sustainability
                                                                             20, 2024                  (Persero) Tbk
                               Synergy: Constructive Collaboration on
                               Mandiri Ecosystem
                               Board Forum Q2 - 2024 Strategic
                                                                             Jakarta/ Friday, August   PT Bank Mandiri
                               Innovation in Conglomerates for Market
                                                                             09, 2024                  (Persero) Tbk
                               Domination
                               National Seminar: "ISLAMIC BANKING
                               PRODUCT DEVELOPMENT: Strengthening            Jakarta/ Wednesday,
                                                                                                       ASBISINDO
                               Characteristics and Regulations in Sharia     November 06, 2024
                               Banking"
                               Board Forum Q3 - 2024 Collaborative
                                                                             Jakarta/ Friday,
                               Future : Paving Pathways For Better                                     Mandiri Group
                                                                             November 15, 2024
                               Indonesia
                               Sharing Session at the National Working
                               Meeting (RAKERNAS) of PT Bank Syariah
                                                                             Bandung/ Friday,          PT Bank Syariah
                               Indonesia Tbk by Juan Hasang Enterprise
                                                                             December 20, 2024         Indonesia Tbk
                               Solution Architect Manager AWS Indonesia
                               Topic: Bank of The Future
                               Knowledge Sharing Forum (KSF) Series 1        Jakarta/Wednesday,        Bank Syariah Indonesia
                               Tahun 2024 Gen AI Seasons                     January 10, 2024          University
                               Board Forum Q4 Tahun 2024 Sharing
                               Session Navigating Uncertainty : Role of      Bandung/ Friday,
                                                                                                       Mandiri Group
                               Islamic Ecosystem in Driving Economic         February 23, 2024
                               Growth
                               Top Executive Learning Program (TELP)
                                                                             Jakarta/ Monday,          Bank Syariah Indonesia
                               - Series II Tahun 2024 Tema : Leadership
                                                                             February 26, 2024         University
                               Transformation
                               One Day Workshop for Commissioners
                                                                             Jakarta/ Monday, March    Bank Syariah Indonesia
                               & Commissioners' Apparatus of PT Bank
                                                                             4, 2024                   University dan IBI
                               Syariah Indonesia, Tbk
                               Board Forum Q1 - 2024 Innovation and
                               Sustainability to Catalyze Mandiri’s Market
                                                                             Jakarta/ Monday, May      PT Bank Mandiri
                               Dominance Sharing Session Sustainability
                                                                             20, 2024                  (Persero) Tbk
                               Synergy: Constructive Collaboration on
                               Mandiri Ecosystem
Suyanto       Commissioner     Board Forum Q2 - 2024 Strategic
                                                                             Jakarta/ Friday, August   PT Bank Mandiri
                               Innovation in Conglomerates for Market
                                                                             09, 2024                  (Persero) Tbk
                               Domination
                               National Seminar “DEVELOPMENT
                               OF SYARIAH BANK PRODUCTS:                     Jakarta/ Wednesday,
                                                                                                       ASBISINDO
                               “Strengthening the Characteristics and        November 06, 2024
                               Regulation of Islamic Banking”
                               Board Forum Q3 - 2024 Collaborative
                                                                             Jakarta/ Friday,
                               Future : Paving Pathways For Better                                     Mandiri Group
                                                                             November 15, 2024
                               Indonesia
                               Top Executive Learning Program (TELP) -
                                                                             Jakarta/ Tuesday,         Bank Syariah Indonesia
                               December 2024 Theme: Execution Matters:
                                                                             December 17, 2024         University
                               Plans Change Nothing
                               Sharing Session at the National Working
                               Meeting (RAKERNAS) of PT Bank Syariah
                                                                             Bandung/ Friday,          PT Bank Syariah
                               Indonesia Tbk by Juan Hasang Enterprise
                                                                             December 20, 2024         Indonesia Tbk
                               Solution Architect Manager AWS Indonesia
                               Topic: Bank of The Future
                               Board Forum Q4 Tahun 2024 Sharing
                               Session Navigating Uncertainty : Role of      Bandung/ Friday,
                                                                                                       Mandiri Group
                               Islamic Ecosystem in Driving Economic         February 23, 2024
Abu Rokhmad   Commissioner     Growth
                               Top Executive Learning Program (TELP)
                                                                             Jakarta/ Monday,          Bank Syariah Indonesia
                               - Series II Tahun 2024 Tema : Leadership
                                                                             February 26, 2024         University
                               Transformation




                                                                                            PT Bank Syariah Indonesia Tbk
                                                                                                     2024 Annual Report
                                                                                                                            347
Page 350
CORPORATE
GOVERNANCE




                                           Types of Training and Competency              Time and Place of
       Name                   Position                                                                                 Organizer
                                            Development Materials/Training                Implementation
                                         One Day Workshop for Commissioners
                                                                                       Jakarta/ Monday, March    Bank Syariah Indonesia
                                         & Commissioners' Apparatus of PT Bank
                                                                                       4, 2024                   University and IBI
                                         Syariah Indonesia, Tbk
                                         Board Forum Q1 - 2024 Innovation and
                                         Sustainability to Catalyze Mandiri’s Market
                                                                                       Jakarta/ Monday, May      PT Bank Mandiri
                                         Dominance Sharing Session Sustainability
                                                                                       20, 2024                  (Persero) Tbk
                                         Synergy: Constructive Collaboration on
                                         Mandiri Ecosystem
                                         Board Forum Q2 - 2024 Strategic
                                                                                       Jakarta/ Friday, August   PT Bank Mandiri
                                         Innovation in Conglomerates for Market
                                                                                       09, 2024                  (Persero) Tbk
                                         Domination
                                         Sharing Session at the National Working
                                         Meeting (RAKERNAS) of PT Bank Syariah
                                                                                       Bandung/ Friday,          PT Bank Syariah
                                         Indonesia Tbk by Juan Hasang Enterprise
                                                                                       December 20, 2024         Indonesia Tbk
                                         Solution Architect Manager AWS Indonesia
                                         Topic: Bank of The Future
                                         Board Forum Q4 2024 Sharing Session
                                                                                       Bandung, February 23
                                         Navigating Uncertainty: Role of Islamic                                 BSI X Mandiri
                                                                                       2024
                                         Ecosystem in Driving Economic Growth
                                         Top Executive Learning Program (TELP)
                                                                                       Jakarta, Monday,          Bank Syariah Indonesia
 Imam Budi Sarjito*   Commissioner       Series II Tahun 2024 Tema :Leadership
                                                                                       February 26 2024          University
                                         Transformation
                                         One Day Workshop for Commissioners
                                                                                       Jakarta, Monday, March    Bank Syariah Indonesia
                                         & Commissioners' Apparatus of PT Bank
                                                                                       4 2024                    University X IBI
                                         Syariah Indonesia, Tbk
                                         Board Forum Q4 2024 Sharing Session
                                                                                       Bandung, Fridat,
                                         Navigating Uncertainty: Role of Islamic                                 BSI X Mandiri
                                                                                       Februariy 23 2024
                                         Ecosystem in Driving Economic Growth
                                         Top Executive Learning Program (TELP)
                                                                                       Jakarta, Monday,          Bank Syariah Indonesia
 Sutanto*             Commissioner       - Series II Tahun 2024 Tema :Leadership
                                                                                       February 26 2024          University
                                         Transformation
                                         One Day Workshop for Commissioners
                                                                                       Jakarta, Mondat, March    Bank Syariah Indonesia
                                         & Commissioners' Apparatus of PT Bank
                                                                                       4 2024                    University X IBI
                                         Syariah Indonesia, Tbk
                                         Board Forum Q1 - 2024 Innovation and
                                         Sustainability to Catalyze Mandiri’s Market
                                                                                       Jakarta/ Monday, May      PT Bank Mandiri
                                         Dominance Sharing Session Sustainability
                                                                                       20, 2024                  (Persero) Tbk
                                         Synergy: Constructive Collaboration on
                                         Mandiri Ecosystem
                                                                                                                 Lembaga Pengembangan
                                                                                       Online/Thursday-Friday,
                                         Basic Training of Islamic Banking                                       Perbankan Indonesia
                                                                                       July 4-5, 2024
                                                                                                                 (LPPI)
                                                                                       Jakarta/Wednesday-
                                         Commissioner Alignment Seminar (Level 4                                 PT Bank Syariah
                                                                                       Thursday, July 17-18,
                                         and Level 5)                                                            Indonesia Tbk
                                                                                       2024
                                         Board Forum Q2 - 2024 Strategic
                                                                                       Jakarta/ Friday, August   PT Bank Mandiri
                                         Innovation in Conglomerates for Market
                                                                                       09, 2024                  (Persero) Tbk
                                         Domination
 Fauzi**              Commissioner       National Seminar “DEVELOPMENT
                                         OF SYARIAH BANK PRODUCTS:                     Jakarta/ Wednesday,
                                                                                                                 ASBISINDO
                                         “Strengthening the Characteristics and        November 06, 2024
                                         Regulation of Islamic Banking”
                                         Board Forum Q3 - 2024 Collaborative
                                                                                       Jakarta/ Friday,
                                         Future : Paving Pathways For Better                                     Mandiri Group
                                                                                       November 15, 2024
                                         Indonesia
                                         Top Executive Learning Program (TELP) -
                                                                                       Jakarta/ Tuesday,         Bank Syariah Indonesia
                                         December 2024 Theme: Execution Matters:
                                                                                       December 17, 2024         University
                                         Plans Change Nothing
                                         Sharing Session at the National Working
                                         Meeting (RAKERNAS) of PT Bank Syariah
                                                                                       Bandung/ Friday,          PT Bank Syariah
                                         Indonesia Tbk by Juan Hasang Enterprise
                                                                                       December 20, 2024         Indonesia Tbk
                                         Solution Architect Manager AWS Indonesia
                                         Topic: Bank of The Future




      PT Bank Syariah Indonesia Tbk
348 2024 Annual Report
Page 351
                                        Types of Training and Competency                Time and Place of
      Name                 Position                                                                                   Organizer
                                         Development Materials/Training                  Implementation
                                      Board Forum Q1 - 2024 Innovation and
                                      Sustainability to Catalyze Mandiri’s Market
                                                                                      Jakarta/ Monday, May      PT Bank Mandiri
                                      Dominance Sharing Session Sustainability
                                                                                      20, 2024                  (Persero) Tbk
                                      Synergy: Constructive Collaboration on
                                      Mandiri Ecosystem
                                                                                                                Indonesian Banking
                                                                                      Online/Thursday-Friday,
                                      Basic Training of Islamic Banking                                         Development Institute
                                                                                      July 4-5, 2024
                                                                                                                (LPPI)
                                                                                      Jakarta/Wednesday-
                                      Commissioner Alignment Seminar (Level 4                                   PT Bank Syariah
                                                                                      Thursday, July 17-18,
                                      and Level 5)                                                              Indonesia Tbk
                                                                                      2024
                                      Board Forum Q2 - 2024 Strategic
                                                                                      Jakarta/ Friday, August   PT Bank Mandiri
                                      Innovation in Conglomerates for Market
Nazaruddin**         Commissioner                                                     09, 2024                  (Persero) Tbk
                                      Domination
                                      National Seminar “DEVELOPMENT OF
                                      SYARIAH BANK PRODUCTS: “Strengthening           Jakarta/ Wednesday,
                                                                                                                ASBISINDO
                                      the Characteristics and Regulation of Islamic   November 06, 2024
                                      Banking”
                                      Top Executive Learning Program (TELP) -
                                                                                      Jakarta/ Tuesday,         Bank Syariah Indonesia
                                      December 2024 Theme: Execution Matters:
                                                                                      December 17, 2024         University
                                      Plans Change Nothing
                                      Sharing Session at the National Working
                                      Meeting (RAKERNAS) of PT Bank Syariah
                                                                                      Bandung/ Friday,          PT Bank Syariah
                                      Indonesia Tbk by Juan Hasang Enterprise
                                                                                      December 20, 2024         Indonesia Tbk
                                      Solution Architect Manager AWS Indonesia
                                      Topic: Bank of The Future
                                      Board Forum Q4 Tahun 2024 Sharing
                                      Session Navigating Uncertainty : Role of        Bandung/ Friday,
                                                                                                                Mandiri Group
                                      Islamic Ecosystem in Driving Economic           February 23, 2024
                                      Growth
                                      Top Executive Learning Program (TELP)
                                                                                      Jakarta/ Monday,          Bank Syariah Indonesia
                                      - Series II Tahun 2024 Tema : Leadership
                                                                                      February 26, 2024         University
                                      Transformation
                                      One Day Workshop for Commissioners
                                                                                      Jakarta/ Monday, March    Bank Syariah Indonesia
                                      & Commissioners' Apparatus of PT Bank
                                                                                      4, 2024                   University and IBI
                                      Syariah Indonesia, Tbk
                                      Board Forum Q1 - 2024 Innovation and
                                      Sustainability to Catalyze Mandiri’s Market
                                                                                      Jakarta/ Monday, May      PT Bank Mandiri
                                      Dominance Sharing Session Sustainability
                                                                                      20, 2024                  (Persero) Tbk
                                      Synergy: Constructive Collaboration on
                                      Mandiri Ecosystem
                     Independent      Board Forum Q2 - 2024 Strategic Innovation      Jakarta/ Friday, August   PT Bank Mandiri
Komaruddin Hidayat
                     Commissioner     in Conglomerates for Market Domination          09, 2024                  (Persero) Tbk
                                      National Seminar “DEVELOPMENT OF
                                      SYARIAH BANK PRODUCTS: “Strengthening           Jakarta/ Wednesday,
                                                                                                                ASBISINDO
                                      the Characteristics and Regulation of Islamic   November 06, 2024
                                      Banking”
                                      Board Forum Q3 - 2024 Collaborative
                                                                                      Jakarta/ Friday,
                                      Future : Paving Pathways For Better                                       Mandiri Group
                                                                                      November 15, 2024
                                      Indonesia
                                      Top Executive Learning Program (TELP) -
                                                                                      Jakarta/ Tuesday,         Bank Syariah Indonesia
                                      December 2024 Theme: Execution Matters:
                                                                                      December 17, 2024         University
                                      Plans Change Nothing
                                      Sharing Session at the National Working
                                      Meeting (RAKERNAS) of PT Bank Syariah
                                                                                      Bandung/ Friday,          PT Bank Syariah
                                      Indonesia Tbk by Juan Hasang Enterprise
                                                                                      December 20, 2024         Indonesia Tbk
                                      Solution Architect Manager AWS Indonesia
                                      Topic: Bank of The Future




                                                                                                     PT Bank Syariah Indonesia Tbk
                                                                                                              2024 Annual Report
                                                                                                                                     349
Page 352
CORPORATE
GOVERNANCE




                                          Types of Training and Competency               Time and Place of
       Name                  Position                                                                                    Organizer
                                           Development Materials/Training                 Implementation
                                        Banking Risk Management Refreshment
                                        Level 5: Managing Insurance Risk, Intra
                                                                                       Online/Friday, January     Bank Syariah Indonesia
                                        Group Transaction Risk, Stress & Back
                                                                                       26, 2024                   University
                                        Testing and Analyzing Information System
                                        Needs
                                        Board Forum Q4 2024 Sharing Session
                                                                                       Bandung/Friday,
                                        Navigating Uncertainty : Role of Islamic                                  Mandiri Group
                                                                                       February 23, 2024
                                        Ecosystem in Driving Economic Growth
                                        Top Executive Learning Program (TELP)
                                                                                       Jakarta/Monday,            Bank Syariah Indonesia
                                        - Series II 2024 Theme: Leadership
                                                                                       February 26, 2024          University
                                        Transformation
                                        One Day Workshop for Commissioners
                                                                                       Jakarta/Monday, March      Bank Syariah Indonesia
                                        & Commissioners' Apparatus of PT Bank
                                                                                       4, 2024                    University and IBI
                                        Syariah Indonesia, Tbk
                                        Board Forum Q1 - 2024 Innovation and
                                        Sustainability to Catalyze Mandiri’s Market
                                                                                       Jakarta/Monday, May        PT Bank Mandiri
                                        Dominance Sharing Session Sustainability
                                                                                       20, 2024                   (Persero) Tbk
                     Independent        Synergy: Constructive Collaboration on
 Mohamad Nasir                          Mandiri Ecosystem
                     Commissioner
                                        Board Forum Q2 - 2024 Strategic
                                                                                       Jakarta/Friday, August     PT Bank Mandiri
                                        Innovation in Conglomerates for Market
                                                                                       09, 2024                   (Persero) Tbk
                                        Domination
                                        National Seminar “DEVELOPMENT
                                        OF SYARIAH BANK PRODUCTS:                      Jakarta/Wednesday,
                                                                                                                  ASBISINDO
                                        “Strengthening the Characteristics and         November 06, 2024
                                        Regulation of Islamic Banking”
                                        Board Forum Q3 - 2024 Collaborative
                                                                                       Jakarta/Friday,
                                        Future : Paving Pathways For Better                                       Mandiri Group
                                                                                       November 15, 2024
                                        Indoneisa
                                        Top Executive Learning Program (TELP) -
                                                                                       Jakarta/Tuesday,           Bank Syariah Indonesia
                                        December 2024 Theme: Execution Matters:
                                                                                       December 17, 2024          University
                                        Plans Change Nothing
                                        Sharing Session di Rapat Kerja Nasional
                                        (RAKERNAS) PT Bank Syariah Indonesia           Bandung/Friday,            PT Bank Syariah
                                        Tbk by Juan Hasang Enterprise Solution         December 20, 2024          Indonesia Tbk
                                        Architecht Manager AWS Indonesia
                                        Board Forum Q1 - 2024 Innovation and
                                        Sustainability to Catalyze Mandiri’s Market
                                        Dominance Sharing Session Sustainability       Jakarta/May 20, 2024       Mandiri Group
                                        Synergy: Constructive Collaboration on
                                        Mandiri Ecosystem
                                        Briefing on Certification Scheme for Level 4   Online/Monday-Tuesday,
                                                                                                                  ASBISINDO
                                        Banking Risk Management                        June 24-25, 2024
                                                                                       Online/Thursday-Friday,
                                        Basic Sharia Baking Training (PDPS)                                       LPPI
                                                                                       July 4-5, 2024
                                        Briefing on Certification Scheme for Level 4   Jakarta/Wednesday, July
                                                                                                                  ASBISINDO
                                        Banking Risk Management (Advanced)             10, 2024
                                        Briefing on Certification Scheme for Level 6
                                                                                       Online/July 27-28, 2024    JMS Education
 Felicitas           Independent        Banking Risk Management (Fast Track)
 Tallulembang**      Commissioner
                                                                                       Jakarta/Wednesday
                                        Onboarding Commissioner Program Batch
                                                                                       – Thursday, 07 – 08        BUMN
                                        8 2024
                                                                                       August 2024
                                        Board Forum Q2 - 2024 Strategic
                                                                                       Jakarta/Friday, 09
                                        Innovation in Conglomerates for Market                                    Mandiri Group
                                                                                       August 2024
                                        Domination
                                        Intensification of Certification Scheme
                                                                                       Online/Friday, 16 August
                                        Materials for Level 6 Banking Risk                                        JMS Education
                                                                                       2024
                                        Management (Fast Track)
                                        National Seminar: "ISLAMIC BANKING
                                        PRODUCT DEVELOPMENT: Strengthening             Jakarta/Wednesday,
                                                                                                                  ASBISINDO
                                        Characteristics and Regulations in Sharia      November 06, 2024
                                        Banking"




     PT Bank Syariah Indonesia Tbk
350 2024 Annual Report
Page 353
                                                           Types of Training and Competency            Time and Place of
        Name                       Position                                                                                           Organizer
                                                            Development Materials/Training              Implementation
                                                         Top Executive Learning Program (TELP) -
                                                                                                    Jakarta/Tuesday,            Bank Syariah Indonesia
                                                         December 2024 Theme: Execution Matters:
                                                                                                    December 17, 2024           University
                                                         Plans Change Nothing
                                                         Sharing Session at the National Working
                                                         Meeting (RAKERNAS) of PT Bank Syariah      Bandung/Friday,             PT Bank Syariah
                                                         Indonesia Tbk by Juan Hasang Enterprise    December 20, 2024           Indonesia Tbk
                                                         Solution Architect Manager AWS Indonesia

*Stopped serving on May 17, 2024
*Started serving on May 17, 2024 and effective on December 10, 2024




Orientation Program for New Commissioners

Given the diverse backgrounds of the Board of Commissioners members, BSI consistently organizes an introduction program for
new members. Through this program, the Board of Commissioners can get to know each other and build teamwork that is solid,
comprehensive, and effective while also gaining a general understanding of the condition of Bank Syariah Indonesia.


In line with the Board Manual (Guidelines for the Board of Commissioners and Board of Directors), the orientation program for the
Board of Commissioners includes:
1. Corporate introduction covering Corporate Strategy, Vision, and Mission
2. Islamic Banking Training
3. Risk Management Training
4. Training on Good Corporate Governance (GCG) for Public Companies


In 2024, three (3) new members joined the Board of Commissioners: Fauzi, Nazaruddin, and Felicitas Tallulembang. All new Commissioners
have participated in the orientation program, with the schedule and topics as follows.


  No                        Training                                  Time                                       Organizer

                                                            Wednesday, June 5,        •   PT Bank Syariah Indonesia Tbk Bank Syariah Indonesia University
         Orientation Program for BoC & DPS -
   1.                                                       2024                      •   Corporate Secretary and Communication Group
         Corporate Plan
                                                            09.00-10.30               •   Change Management & Transformation Office Group


                                                                                      •   PT Bank Syariah Indonesia Tbk Bank Syariah Indonesia University
         Orientation Program for BoC & DPS -                Thursday, June 6, 2024
   2.                                                                                 •   Corporate Secretary and Communication Group
         Introduction to Sharia and Sharia Contracts        09.00-10.30
                                                                                      •   Compliance & AML-CFT Group


                                                                                      •   PT Bank Syariah Indonesia Tbk Bank Syariah Indonesia University
         Orientation Program for BoC & DPS - Bank           Friday, June 7, 2024
   3.                                                                                 •   Corporate Secretary and Communication Group
         Soundness Level (TKB)                              09.00-10.30
                                                                                      •   Operational Portfolio & Market Risk Group



         Orientation Program for BoC & DPS - One            Monday, June 10, 2024     •   PT Bank Syariah Indonesia Tbk Bank Syariah Indonesia University
   4.
         Culture                                            09.00-10.30               •   Corporate Secretary and Communication Group



                                                            Wednesday, June 12,       •   PT Bank Syariah Indonesia Tbk Bank Syariah Indonesia University
         Orientation Program for BoC & DPS - Bank
   5.                                                       2024                      •   Corporate Secretary and Communication Group
         Business Plan (RBB)
                                                            13.00-14.30               •   Strategic Planning & Performance Management Group


                                                                                      •   PT Bank Syariah Indonesia Tbk Bank Syariah Indonesia University
         Orientation Program for BoC & DPS - Good           Thursday, June 13, 2024
   6.                                                                                 •   Corporate Secretary and Communication Group
         Corporate Governance (GCG)                         08.00-09.30
                                                                                      •   Compliance & AML-CFT Group




                                                                                                                    PT Bank Syariah Indonesia Tbk
                                                                                                                             2024 Annual Report
                                                                                                                                                    351
Page 354
CORPORATE
GOVERNANCE




Recommendationsand Implementation of The Board of Commissioners' Duties

In accordance with BSI’s Articles of Association, the Board of Commissioners is responsible for supervising management policies,
overseeing the overall management of the Company and its business carried out by the Board of Directors, and providing advice to
the Board of Directors. This includes supervising the implementation of the Company's long-term plans, corporate work plans, the
provisions of the Articles of Association, resolutions of the GMS, as well as applicable laws and regulations, while ensuring alignment
with the Company's objectives.


In general, the Board of Commissioners expects management to maintain sustainable performance in the future. Specifically, the Board
of Commissioners' responses, advice, and recommendations on BSI’s performance as of December 31, 2024, are as follows:


 No.              Topic                            Directions/Advice/Recommendations from the Board of Commissioners
                                   The Board of Commissioners appreciates the management's performance as of December 31, 2024, which has
                                   demonstrated healthy, efficient, and resilient growth, as reflected in:
                                   1. Total assets reaching IDR408.6 trillion, growing 15.6% YoY (108% of the target);
                                   2. Net profit of IDR7.0 trillion, growing 22.8% YoY (115.2% of the target);
  1.     Performance
                                   3. Cost to Income Ratio at 50.89%, better than the target of 51.49%;
                                   4. Maintained financing quality, with NPF Gross at 1.90%, better than the target of 2.00%; and
                                   5. The successful implementation of strategic initiatives such as the launch of BYOND, Project Bosphorus, New
                                       CMS, and others
                                   1.   CASA as of December 31, 2024, reached IDR197 trillion, growing 10.65% from December 2023 but achieving
                                        only 97.78% of the target (IDR201 trillion), mainly due to the unmet Giro target. A strategy should be
                                        developed to sustain transactional Giro growth, including optimizing the Islamic Ecosystem (ISE) and the New
                                        CMS application.
                                   2.   Savings grew Rp15.8 trillion YoY (from IDR124.7 trillion in December 2023 to IDR140.5 trillion in December
                                        2024, a 12.67% increase). Efforts should be made to prevent a significant decline in January 2025.
  2.     Third-Party Funds
                                   3.   To further increase Savings growth, the Restricted Investment product could be considered a game changer
                                        due to its significant nominal value and growth throughout 2024.
                                   4.   The Top 50 depositor concentration in December 2024 was IDR77.9 trillion, an increase of Rp6.8 trillion from
                                        December 2023 (IDR71.1 trillion), with a growth of 9.6%. Although its concentration decreased from 24.19%
                                        (December 2023) to 23.79% (December 2024) and remains below the appetite limit (30%), early management
                                        of Cost of Funds (CoF) is necessary given the likelihood of high fund pricing in the market.
                                   1.   Consumer financing realization in December 2024 reached IDR138.2 trillion, achieving 97.22% of the target.
                                        Given its high yield and good quality, an upfront loading strategy should be prepared.
                                   2.   The significant improvement in SME Segment Collectibility 2, which improved by 95 bps YoY, should continue
  3.     Financing                      to be monitored to ensure sustainability.
                                   3.   For new disbursements of Auto Financing Products, which now use a Captive Customer-based business model,
                                        quality control must be maintained in 2025, as NPF and Collectibility 2 stood at 2.62% and 3.14%, respectively,
                                        with a write-off of IDR117 billion in December 2024.
                                   1.   Overhead costs exceeded the budget in December 2024, particularly in BUA expenses (IDR5,572 billion vs.
                                        budget of IDR5,285 billion) and promotion costs (IDR944 billion vs. budget of IDR847 billion). This should
                                        be addressed and evaluated, especially when preparing future budgets and controlling overhead costs more
  4.     Profit & Loss
                                        strictly, particularly non-business-related expenses.
                                   2.   The Bank should expedite licensing for independent Hasanah Card management from Financial Services
                                        Authority (OJK) to boost revenue from both financing and Fee-Based Income in 2025.
                                   1.   The Bank should anticipate and mitigate global economic risks, such as the U.S. presidential election in 2025,
                                        trade war escalations, geopolitical tensions in the Middle East, and declining preference for green economy
                                        trends, as well as domestic risks such as potential fiscal deficits, inflation, and exchange rate fluctuations that
                                        may impact the Bank’s business and performance.
                                   2.   User registration (UREG) for BYOND reached 1.98 million customers by December 31, 2024, with 1.31 million
  5.     Others                         activated users (66.3%). Meanwhile, UREG for BSI Mobile reached 7.39 million customers, with 3.52 million
                                        active users (47.6%). While BYOND’s activation rate is higher, only 26.79% of BSI Mobile customers have
                                        migrated to BYOND. The migration process must be reviewed and accelerated for optimal implementation.
                                   3.   The Bank should intensify the activation program for EDC (Electronic Data Capture) machines.
                                   4.   The Bank should expedite the Bullion Bank licensing process with OJK to optimize the growing gold business
                                        potential in Indonesia




       PT Bank Syariah Indonesia Tbk
352 2024 Annual Report
Page 355
Throughout 2024, the Board of Commissioners has fulfilled                c.  Monitoring the implementation of the Anti-Fraud
its supervisory duties and responsibilities regarding the Bank's             Strategy, Anti-Money Laundering and Counter-Terrorism
management policies and operations, in accordance with                       Financing (AML-CFT) Program, and Customer Due
applicable laws and regulations, the Company's Articles of                   Diligence Principles.
Association, and the Work Plan established at the beginning of           d. Ensuring the adoption of Good Corporate Governance
the year. The key supervisory activities carried out include:                (GCG) principles and practices at all levels, including
1. Supervising the Implementation of the Bank Business Plan                  overseeing GCG implementation, reviewing GCG reports
     (RBB):                                                                  submitted by the Board of Directors, and monitoring the
     a. Directing, monitoring, and evaluating the implementation             results of the GCG self-assessment.
         of the Bank’s strategic policies for 2024-2026, including   7. Evaluation and Supervision of Information Technology:
         assessments of the Corporate Plan, RBB, and financial           Evaluating, directing, and monitoring the Bank's IT strategic
         performance on a monthly basis.                                 plans and IT-related policies at BSI.
     b. Overseeing the achievement of the RBB, particularly          8. Monitoring Human Resource (HR) Development: Overseeing
         key business plan objectives such as credit distribution,       and evaluating the management and development of human
         asset quality improvement, third-party fund collection,         resources (HR), particularly in relation to strategic HR
         productivity, and efficiency.                                   functions that support the Bank’s performance objectives.
     c. Reviewing the Revised RBB for 2024-2026.                     9. Approving Matters Requiring Board of Commissioners’
     d. Evaluating the realization of the RBB as reported to             Approval: Granting approval for matters that require Board
         the Financial Services Authority (OJK) on a semi-annual         of Commissioners’ consent, as stipulated by applicable
         basis and submitting the RBB supervision report to OJK.         regulations and the Company's Articles of Association.
     e. Reviewing and approving the Bank Business Plan (RBB)         10. Conducting Supervisory Visits. In 2024, the Board of
         for 2025-2027.                                                  Commissioners conducted supervisory visits to six (6)
2. Reviewing Financial Information: Analyzing financial                  Regional Offices, including Regional and/or Branch Offices
     reports to be issued by the Company, as prepared by Public          located in Region I (Aceh), Region II (Medan), Region VII
     Accounting Firms (KAP) or other external parties.                   (Semarang), Region VIII (Surabaya), Region IX (Kalimantan),
3. Supervising Internal Control at BSI:                                  and Region X (Makassar) to ensure effective implementation
     a. Ensuring that BSI’s internal control system is operating         of policies, regulatory compliance, and operational efficiency
         effectively.                                                    across the Bank’s branches.
     b. Ensuring that the Board of Directors monitors the
         effectiveness of the Internal Audit Business Unit (SKAI).   Board of Commissioners Performance Assessment
     c. Overseeing the implementation of the Internal Audit
         Business Unit’s (SKAI) duties.                              Board of Commissioners Performance Assessment
4. Supervising the Bank’s Soundness Level: Conducting                Implementation Procedure
     supervision, monitoring, and evaluation of the Bank’s
     financial soundness on a semi-annual basis and supporting       The Board of Commissioners' performance assessment,
     the Board of Directors in taking necessary actions to           conducted through the GMS, follows these steps:
     maintain and/or improve the Bank’s soundness level.             1. The Board of Commissioners submits a performance report
5. Supervising the Risk Management Unit: Monitoring risk                for evaluation by shareholders at the GMS.
     management strategies to ensure the Bank operates within        2. Performance is evaluated based on predefined indicators
     acceptable risk tolerance levels                                   aligned with the Board’s duties and responsibilities.
6. Supervising Compliance Implementation at BSI:                     3. The self-assessment results of each Commissioner serve as a
     a. Evaluating BSI’s compliance function, ensuring it is            reference for shareholders when deciding on reappointments
         effectively implemented, and providing recommendations         or dismissals. The results also serve as a benchmark for
         to the Board of Directors to enhance compliance quality.       improving the effectiveness of the Board of Commissioners.
     b. Reviewing compliance function reports and updates on
         the duties of the Compliance Director, as periodically
         submitted by the Board of Directors.




                                                                                                    PT Bank Syariah Indonesia Tbk
                                                                                                             2024 Annual Report
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Evaluation Criteria for The Board Of Commissioners


 No.                                                       Indicator                                                           Assessment Weight
  1      The Board of Commissioners holds at least four (4) Board meetings annually                                                  10%

  2      The Board of Commissioners holds at least four (4) joint meetings with the Board of Directors annually.                     10%

  3      The Board of Commissioners holds at least one (1) joint meeting with the Sharia Supervisory Board (DPS)
                                                                                                                                     10%
         annually.

  4      The Board of Commissioners participates in at least one (1) seminar or training per year to enhance
                                                                                                                                     10%
         knowledge, expertise, and skills in their respective fields.

  5      The Board of Commissioners conducts at least two (2) branch or regional office visits annually as part of its
                                                                                                                                     10%
         supervisory function.

  6      The Board of Commissioners evaluates the performance of Bank Syariah Indonesia at least four (4) times per
                                                                                                                                     10%
         year.

  7      The Board of Commissioners prepares and submits the Bank Business Plan Supervision Report to regulators
                                                                                                                                     10%
         at least twice (2) per year.

  8      The Board of Commissioners reviews, evaluates, and approves matters that require Board approval as
                                                                                                                                     10%
         stipulated by applicable regulations and the Company’s Articles of Association

  9      The Board of Commissioners ensures the implementation of Good Corporate Governance (GCG) principles
                                                                                                                                     10%
         and practices at all organizational levels.

 10      The Board of Commissioners ensures that the committees under its supervision, including the Audit
         Committee, Risk Monitoring Committee, and Nomination & Remuneration Committee, effectively carry out
         their duties in accordance with applicable regulations.

         The following indicators are used to assess the implementation of the duties and functions of the
                                                                                                                                     10%
         committees under the Board of Commissioners:
         • Implementation of Committee Meetings and Work Plans
         • Attendance and participation in Committee Meetings
         • Submission of review results to the Board of Commissioners
         • Timely preparation and submission of Committee Reports



Parties That do The Assessment

The performance assessment of the Board of Commissioners was carried out through self-assessment. The results awere reported in
the GMS.


Results of The Directors ‘Performance Assessment


                                                                                                                    Assessment
 No.                                                  Indicator                                                                       Achievement
                                                                                                                      Weight

  1      The Board of Commissioners holds at least four (4) Board meetings annually                                      10%               100%

  2      The Board of Commissioners holds at least four (4) joint meetings with the Board of Directors
                                                                                                                         10%               100%
         annually.

  3      The Board of Commissioners holds at least one (1) joint meeting with the Sharia Supervisory Board
                                                                                                                         10%               100%
         (DPS) annually.

  4      The Board of Commissioners participates in at least one (1) seminar or training per year to enhance
                                                                                                                         10%               100%
         knowledge, expertise, and skills in their respective fields.

  5      The Board of Commissioners conducts at least two (2) branch or regional office visits annually as
                                                                                                                         10%               100%
         part of its supervisory function.

  6      The Board of Commissioners evaluates the performance of Bank Syariah Indonesia at least four (4)
                                                                                                                         10%               100%
         times per year.

  7      The Board of Commissioners prepares and submits the Bank Business Plan Supervision Report to
                                                                                                                         10%               100%
         regulators at least twice (2) per year.

  8      The Board of Commissioners reviews, evaluates, and approves matters that require Board approval
                                                                                                                         10%               100%
         as stipulated by applicable regulations and the Company’s Articles of Association

  9      The Board of Commissioners ensures the implementation of Good Corporate Governance (GCG)
                                                                                                                         10%               100%
         principles and practices at all organizational levels.




       PT Bank Syariah Indonesia Tbk
354 2024 Annual Report
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                                                                                                                   Assessment
 No.                                                Indicator                                                                            Achievement
                                                                                                                     Weight

  10    The Board of Commissioners ensures that the committees under its supervision, including the
        Audit Committee, Risk Monitoring Committee, and Nomination & Remuneration Committee,
        effectively carry out their duties in accordance with applicable regulations.

        The following indicators are used to assess the implementation of the duties and functions of the
                                                                                                                        10%                  100%
        committees under the Board of Commissioners:
        • Implementation of Committee Meetings and Work Plans
        • Attendance and participation in Committee Meetings
        • Submission of review results to the Board of Commissioners
        • Timely preparation and submission of Committee Reports


Performance Assessment of the Board                                             Criteria for The Board Of Directors' Performance
of Directors                                                                    Assessment

Procedure for Implementing the Board of Directors'                              The performance assessment of the Board of Directors is based
Performance Assessment                                                          on the achievement of Key Performance Indicators (KPI). The
                                                                                KPIs for 2024 include:
The performance evaluation of the Board of Directors is
conducted by the Board of Commissioners with the assistance                     1. Financial Perspective
of the Nomination and Remuneration Committee. The results                       2. Internal Process Perspective
of the review are used as a basis for determining the number                    3. People Development Perspective
of bonuses (tantiem) for the Board of Directors and the Board
of Commissioners. The results of the performance review of the                  Party Responsible for The Assessment
Board of Directors are then submitted to the General Meeting of
Shareholders (GMS).                                                             The performance assessment of the Board of Directors is carried
                                                                                out by the Board of Commissioners with the assistance of the
                                                                                Nomination and Remuneration Committee and then submitted
                                                                                to the GMS.


RESULTS OF THE DIRECTORS ‘PERFORMANCE ASSESSMENT


                                                                                                                                Dec-24
 No     Perspective   Weight           KPI        Weight     Target       Description      Characteristic
                                                                                                              Real        Target         Penc.      Skor

                                                                        Return on
                                 ROE (Return                            Equity as of
 1                    60.00%                       15%      15.63%                             Max           17.77%           15.63% 113.67%        17.05
                                 on Equity)                             December
                                                                        2024
                                                           IDR 6,080    Profit after tax                    IDR 7,006    IDR 6,080
 2                               Net Profit BSI    20%                                         Max                                  115.23%         23.05
                                                             billion    and zakat                             billion       Billion
       Financial                                                        Composite
                                 Bank
                                                                        Bank
 3                               Soundness         15%          2                               Min            2                    2 100.00%       15.00
                                                                        Soundness
                                 Rating
                                                                        Level
                                                              IDR       BSI Financing                         IDR                  IDR
 4                               Financing         10%      272,987     as of December         Max          278,481           272,987 102.01%       10.20
                                                             billion    2024                                 billion            billion

                                                                        Financing
                                                                        at Risk as of
 5                               FaR               15%       8.63%                              Min          7.25%             8.63% 115.94%        17.39
                                                                        December
                                                                        2024
                                                                        Market
                                 Market
       Internal                                             IDR 110     Capitalization                      IDR 126           IDR 110
 6                    15.00%     Capitalization    15%                                         Max                                       114.48%    17.17
       Process                                               Trillion   as of December                       Trillion           Trillion
                                 (Rp. T)
                                                                        2024
                                                            IDR 348     Net profit per                       IDR 406       IDR 348
       People                    Employee
 7                    10.00%                       10%      Million/    employee (IDR          Max           Million/       Million/ 116.67%        11.67
       Development               Productivity
                                                           Employee     millions)                           Employee      Employee

                                 TOTAL            100%                                                                                             111.53



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Performance Assessment of Committees Under The                       NOMINATION AND REMUNERATION COMMITTEE
Board of Commissioners and Assessment Basis
                                                                     The Nomination and Remuneration Committee has the duty and
The Board of Commissioners ensures that the committees under         responsibility to assist the Board of Commissioners in carrying
its supervision, namely the Audit Committee, Risk Monitoring         out matters relating to remuneration and nominations for
Committee, and Nomination & Remuneration Committee,                  members of the Board of Directors and Board of Commissioners.
effectively perform their duties and functions in accordance with
applicable regulations. The performance assessment of these          Throughout 2024, the Nomination and Remuneration
committees is conducted annually by the Board of Commissioners.      Committee has carried out its duties and responsibilities well.
                                                                     The Nomination and Remuneration Committee has held 3 (three)
The criteria for assessing the performance of the committees in      meetings and carried out its duties, including:
carrying out their duties and functions include:                     1. Proposal for the 2024 Management Remuneration and 2023
1. Implementation of Committee Meetings and Work Plans                   Performance Bonus (Tantiem).
2. Attendance and participation in Committee Meetings                2. Proposal for Candidates for the Sharia Supervisory Board
3. Submission of review results to the Board of Commissioners            (DPS) of BSI for 2024.
4. Timely preparation and submission of Committee Reports            3. Recommendation for Candidates for the Company's
                                                                         Management
AUDIT COMMITTEE
                                                                     Risk Monitoring Committee
The Audit Committee has the duty and responsibility to assist
the Board of Commissioners in supervising the Bank, especially       The Risk Monitoring Committee has the duty and responsibility
in carrying out the duties and functions of supervision on           to supervise and provide advice to the Board of Directors
matters related to financial information, internal control systems   regarding the Bank's risk management. Throughout 2024,
(Internal Control System), and the effectiveness of audits by        the Risk Monitoring Committee has carried out its duties and
internal auditors and external auditors. Throughout 2024, the        responsibilities well. The Risk Monitoring Committee has held 24
Audit Committee has carried out its duties and responsibilities      (twenty four) meetings and carried out its duties, including:
well. The Audit Committee has held 22 (twenty-two) meetings          1. Conducting an evaluation of the suitability between risk
and carried out its duties, including:                                   management policies and the implementation of Bank
1. Conducting a review of the implementation of audits                   policies;
     by internal and external auditors, and supervising the          2. Conduct monitoring and evaluation of the implementation
     implementation of follow-up actions by the Board of                 of the duties of the Risk Management Committee and risk
     Directors on the auditor's findings;                                management work units;
2. Providing Recommendations for the Proposal for the                3. Overseeing and evaluating the Bank’s Financial Soundness
     Appointment of a Public Accounting Firm (KAP) and Public            Report on a semi-annual basis.;
     Accountant (AP) for the Audit of the Annual Financial Report    4. Supervising and evaluating Compliance Reports, including:
     of PT Bank Syariah Indonesia Tbk in 2024;                           a. Report on the Duties & Responsibilities of the Director
3. Providing the Audit Committee's recommendation to the                     overseeing Compliance / Compliance Report,
     Board of Commissioners regarding the approval of the Audit          b. Integrated Compliance Report & Integrated Governance
     Service Honorarium for BSI's Financial Statements for the               Report,
     2024 Fiscal Year;                                                   c. Anti-Money         Laundering    and   Counter-Terrorism
4. Providing the Audit Committee's recommendation to the                     Financing (AML-CFT) Report;
     Board of Commissioners regarding the approval of Published      5. Supervising and evaluating the Bank’s Human Resource
     Financial Statements throughout 2024.                               Development Strategy




     PT Bank Syariah Indonesia Tbk
356 2024 Annual Report
Page 359
6. Monitoring the Recovery & Resolution Plan reporting            As stated in the Articles of Association of Bank Syariah Indonesia,
7. Overseeing risk management related to corporate actions        a Board of Commissioners member has the right to resign under
   or other initiatives, such as proposals for Threshold          the following conditions:
   Limits (Board of Directors’ authority requiring Board of       1. A member of the Board of Commissioners may resign before
   Commissioners’ approval).                                          their term expires by submitting a written notice to the
                                                                      Company at least ninety (90) days in advance.
Mechanism for Termination and Resignation of                      2. The Company is required to convene a GMS within ninety
The Board of Commissioners                                            (90) calendar days of receiving the resignation letter to
                                                                      decide on the resignation request.
The term of office of a Board of Commissioners member ends        3. The Company must disclose the resignation to the public
under the following circumstances:                                    and notify the Financial Services Authority (OJK) within two
1. Their resignation becomes effective.                               (2) working days after receiving the resignation request and
2. They pass away.                                                    after the GMS decision.
3. Their term of office expires.                                  4. Before the resignation becomes effective, the resigning
4. They are dismissed based on a resolution of the General            Commissioner remains obligated to fulfill their duties and
   Meeting of Shareholders (GMS).                                     responsibilities in accordance with the Articles of Association
5. They are declared bankrupt by the Commercial Court with a          and applicable regulations.
   final and binding decision or placed under guardianship by a   5. A resigning Commissioner remains accountable for their
   court ruling.                                                      actions as a member of the Board of Commissioners from
6. They no longer meet the requirements to serve as a                 their appointment until the date their resignation is approved
   Commissioner, as stipulated in the Articles of Association         by the GMS.
   and applicable regulations.                                    6. A Commissioner’s release from responsibility is granted only
                                                                      after approval in the Annual GMS.




                                                                                                 PT Bank Syariah Indonesia Tbk
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Sharia Supervisory Board                                            10. Implementing Good Corporate Governance (GCG) principles
                                                                        in carrying out its duties and responsibilities in accordance
The Sharia Supervisory Board (DPS) is the Bank’s organizational         with applicable laws and regulations.
body tasked with giving advice and suggestions to the Board         11. In carrying out its functions, the Sharia Supervisory Board is
of Directors and overseeing the Bank’s activities to ensure             required to:
adherence to sharia principles. The functions should keep the           a. Follow the fatwas of the National Sharia Board (DSN).
Bank’s products, services, and operations in line with sharia           b. Report the Bank’s Sharia business activities to OJK or
principles. DPS also ensures the National Sharia Council’s fatwa            its successor institution in accordance with regulatory
is applied at the Bank.                                                     requirements.


In discharging its duties, DPS works with the Compliance Unit       Term of Office of The Sharia Supervisory Board
(SKKP) and Internal Audit Unit (SKAI) to ensure the Bank’s
adherence to sharia principles. The DPS is appointed and ratified   The appointment of Sharia Supervisory Board members is
through the GMS in accordance with recommendations from the         effective from the closing of the GMS that appoints them or
National Sharia Council of the Indonesian Ulema Council (DSN        another date specified by the GMS and ends at the close of the
MUI).                                                               third (3rd) Annual GMS after their appointment. This is subject
                                                                    to compliance with Capital Market regulations. However, the
Profile of The Shariah Supervisory Board                            GMS has the authority to dismiss a Sharia Supervisory Board
                                                                    member at any time before their term expires, in accordance
The profile of the Sharia Supervisory Board is detailed in the      with applicable Capital Market and Sharia Banking regulations.
Company Profile section under the Sharia Supervisory Board
Profile in this Annual Report.                                      Requirements of Sharia Supervisory Board

Duties and Responsibilities of The Shariah                          The requirements for members of the Sharia Supervisory Board
Supervisory Board                                                   are regulated and determined by the National Sharia Council.
                                                                    Members of the Sharia Supervisory Board who have received
The Sharia Supervisory Board has key duties, responsibilities,      recommendations from the Indonesian Ulema Council and meet
and functions, including:                                           the requirements are appointed and dismissed by the GMS.
1. Acting as a representative of the National Sharia Board          The appointment of members of the Sharia Supervisory Board
    (DSN) within the Company.                                       becomes effective after receiving approval from the competent
2. Supervising the Bank's Sharia activities to ensure compliance    authority (OJK). The requirements for members of the Sharia
    with applicable Sharia principles.                              Supervisory Board follow the provisions:
3. Advising and providing recommendations to the Board of           a. haria Banking Law.
    Directors on matters related to Sharia principles.              b. Bank Indonesia Regulation.
4. Serving as a mediator between the Company and the                c. OJK Regulation.
    National Sharia Board (DSN) in communicating proposals          d. Decision of the National Sharia Council of the Indonesian
    and recommendations for the development of new products             Ulema Council.
    and services that require DSN review and fatwas.                e. Other applicable laws and regulations.
5. Assessing and ensuring compliance with Sharia principles in
    the Bank’s operational guidelines and products.                 Guidelines and Regulations of the Sharia
6. Supervising the development process of new products              Supervisory Board
    issued by the Bank.
7. Requesting fatwas from the National Sharia Board (DSN) for       In carrying out its duties, the Sharia Supervisory Board refers to
    new products that do not yet have existing fatwas.              the Articles of Association which regulate the Requirements of
8. Conducting periodic reviews to ensure Sharia compliance in       the Sharia Supervisory Board, Duties, Responsibilities and Main
    the Bank's fundraising, financing, and service mechanisms.      Functions, DPS Prohibitions, Term of Office, Dismissal, Meeting
9. Requesting data and information related to Sharia aspects        Policies.
    from relevant business units within the Company to support
    its supervisory duties.




     PT Bank Syariah Indonesia Tbk
358 2024 Annual Report
Page 361
Policy on Dual Offices of The Shariah Supervisory Board

DPS members can hold concurrent positions as DPS members in a maximum of 4 (four) other Islamic financial institutions. The details
of DPS multiple board positions are outlined in the following table.


Table of DPS Multiple Board Positions
            Name               Position       Position in Other Companies/Agencies             Company Name/ Other Institution
                                                                                           Sharia Business Unit of PT Bank Danamon
                                          Member of the Sharia Supervisory Board
                                                                                           Indonesia
                                          Chairman of the Sharia Supervisory Board         PT Toyota Astra Finance Services
 Dr. KH. Hasanudin, M.Ag       Chairman
                                          Chairman of the Daily Executive Board of the
                                                                                           Indonesian Council of Ulama
                                          National Sharia Council
                                          Chairman of the Sharia Supervisory Board         PT Sarana Multigriya Finansial (Persero)

                                          Chairman of the Sharia Supervisory Board         Sharia Business Unit of PT Asuransi BRI Life

                                                                                           Sharia Business Unit of PT Asuransi Jiwa
 Dr. H. Mohamad Hidayat        Member     Chairman of the Sharia Supervisory Board
                                                                                           Manulife Indonesia
                                                                                           Sharia Business Unit of PT Asuransi Allianz Life
                                          Member of the Sharia Supervisory Board
                                                                                           Indonesia
 Dr. H. Oni Sahroni, MA        Member     Chairman of the Sharia Supervisory Board         LAZ Inisiatif Zakat Indonesia (IZI)
                                          Member of the Sharia Supervisory Board           Bank Permata Sharia Business Unit
                                          Professor of the Faculty of Sharia & Law         UIN Sunan Gunung Djati Bandung

 Prof. Dr. Jaih Mubarak, SE,              Chairman of the Sharia Supervisory Board         Al - Amin Insurance
                               Member
 MH. M.Ag                                 Secretary of the DSN Hariah Executive Board      Indonesian Council of Ulama
                                          Deputy Secretary                                 MUI Fatwa Commission
                                          Member of the Sharia Supervisory Board           BI Defined Contribution Pension Fund
 Dr. KH. Abdul Ghofur
                               Member     -                                                -
 Maimoen, M.A.



Management of Conflicts of Interest of The Sharia Supervisory Board

In carrying out its duties, responsibilities, and functions, the Sharia Supervisory Board is prohibited from:
1. Using the Company for personal, family, and/or third-party interests that may reduce the Company's assets and/or profits.
2. Taking and/or receiving personal benefits from the Company, except for remuneration and other facilities as determined by the
    General Meeting of Shareholders (GMS).
3. Holding multiple positions as stipulated by applicable laws and regulations


Shariah Supervisory Board Meeting

Meeting Policy

The Sharia Supervisory Board must hold a Sharia Supervisory Board Meeting at least 1 (once) in 1 (one) month. Decision-making by the
Sharia Supervisory Board is carried out based on deliberation and consensus. All decisions and results of the Sharia Supervisory Board
meetings must be stated in the minutes of the meeting and this is a joint decision of all members of the Sharia Supervisory Board. The
Minutes of the Sharia Supervisory Board Meeting must be properly documented by the Company.


Banks are required to hold a DPS meeting with the Board of Directors and the Board of Commissioners at least 1 (one) time in 4 (four)
months. A DPS meeting may be held if attended by a majority of DPS members and a majority of members of the Board of Directors
and the Board of Commissioners.




                                                                                                     PT Bank Syariah Indonesia Tbk
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Agenda, Date, and Participants of The Shariah Supervisory Board Meeting

Throughout 2024, the agenda, dates, and participants of the Sharia Supervisory Board (DPS) meetings were as follows.


Table of Sharia Supervisory Board Meetings
 No.            Date                         Meeting Agenda                               Meeting participants          Attendance
  1.      January 17, 2024    Request for BSI’s Sharia Supervisory Board         Dr. KH. Hasanudin, M.Ag                  Present
                              Opinion regarding Restructuring (MRA) of WIKA
                                                                                 Dr. H. Mohamad Hidayat                   Present
                              customers.
                                                                                 Dr. H. Oni Sahroni, MA                   Present

                                                                                 Prof. Dr. Jaih Mubarak, SE, MH. M.Ag     Present

                                                                                 Dr. KH. Abdul Ghofur Maimoen, M.A.       Present

  2.      January 22, 2024    Request for BSI’s Sharia Supervisory Board         Dr. KH. Hasanudin, M.Ag                  Present
                              Opinion regarding Restructuring (MRA) of WIKA
                                                                                 Dr. H. Mohamad Hidayat                   Present
                              customers.
                                                                                 Dr. H. Oni Sahroni, MA                   Present

                                                                                 Prof. Dr. Jaih Mubarak, SE, MH. M.Ag     Present

                                                                                                                          Present

  3.      January 23, 2024    BSI Oto Financing Product                          Dr. KH. Hasanudin, M.Ag                  Present

                                                                                 Dr. H. Mohamad Hidayat                   Present

                                                                                 Dr. H. Oni Sahroni, MA                   Present

                                                                                 Prof. Dr. Jaih Mubarak, SE, MH. M.Ag     Present

                                                                                 Dr. KH. Abdul Ghofur Maimoen, M.A.       Present

  4.      January 30, 2024    The Use of TBDSP funds for the construction of     Dr. KH. Hasanudin, M.Ag                  Present
                              Raudhatlutalibin Islamic Boarding School Clinic,
                                                                                 Dr. H. Mohamad Hidayat                   Present
                              Leteh Rembang
                                                                                 Dr. H. Oni Sahroni, MA                   Present

                                                                                 Prof. Dr. Jaih Mubarak, SE, MH. M.Ag     Present

                                                                                                                          Present

  5.      February 21, 2024   1.   Tapenas Product (Future Planning Savings)     Dr. KH. Hasanudin, M.Ag                  Present
                                   Cooperation of Bancassurance Integration
                                                                                 Dr. H. Mohamad Hidayat                   Present
                                   Model
                              2.   Novation with the Hawalah Bil Ujrah           Dr. H. Oni Sahroni, MA                   Present
                                   agreement
                                                                                 Prof. Dr. Jaih Mubarak, SE, MH. M.Ag     Present

                                                                                 Dr. KH. Abdul Ghofur Maimoen, M.A.       Present

  6.       March 6, 2024      1.   Marketing Partner of Securities Trading       Dr. KH. Hasanudin, M.Ag                  Present
                              2.   The Bosporus Project.
                                                                                 Dr. H. Mohamad Hidayat                   Present
                              3.   BSI Multicurrency Foreign Exchange.
                                                                                 Dr. H. Oni Sahroni, MA                   Present

                                                                                 Prof. Dr. Jaih Mubarak, SE, MH. M.Ag     Present

                                                                                 Dr. KH. Abdul Ghofur Maimoen, M.A.       Present

  7.       March 13, 2024     Socialization of OJK regulation (Sharia            Dr. KH. Hasanudin, M.Ag                  Present
                              Governance and Sharia Risk Management) NO. 2
                                                                                 Dr. H. Mohamad Hidayat                   Present
                              of 2024 concerning the Implementation of Sharia
                              Governance for Sharia Commercial Banks (BUS)       Dr. H. Oni Sahroni, MA                   Present
                              and Sharia Business Units (UUS)
                                                                                 Prof. Dr. Jaih Mubarak, SE, MH. M.Ag     Present

                                                                                 Dr. KH. Abdul Ghofur Maimoen, M.A.       Present

  8.       March 20, 2024     1.   Termination of Bank Mandiri ATM Host          Dr. KH. Hasanudin, M.Ag                  Present
                                   to Host Cooperation and Restatement of
                                                                                 Dr. H. Mohamad Hidayat                   Present
                                   Cooperation on the Use of Mandiri EDC
                                   Services.                                     Dr. H. Oni Sahroni, MA                   Present
                              2.   Installment Mortgage Scheme.
                                                                                 Prof. Dr. Jaih Mubarak, SE, MH. M.Ag     Present

                                                                                 Dr. KH. Abdul Ghofur Maimoen, M.A.       Present




       PT Bank Syariah Indonesia Tbk
360 2024 Annual Report
Page 363
No.        Date                        Meeting Agenda                                Meeting participants                 Attendance
9.     April 3, 2024    Review of sustainable sukuk agreement               Dr. KH. Hasanudin, M.Ag                          Present
                        documentation.
                                                                            Dr. H. Mohamad Hidayat                           Present

                                                                            Dr. H. Oni Sahroni, MA                           Present

                                                                            Prof. Dr. Jaih Mubarak, SE, MH. M.Ag             Present

                                                                                                                             Present

10.    April 17, 2024   Special Hajj Payment Using Hasanah Card             Dr. KH. Hasanudin, M.Ag                          Present

                                                                            Dr. H. Mohamad Hidayat                           Present

                                                                            Dr. H. Oni Sahroni, MA                           Present

                                                                            Prof. Dr. Jaih Mubarak, SE, MH. M.Ag             Present

                                                                            Dr. KH. Abdul Ghofur Maimoen, M.A.               Present

11.    April 26, 2024   Discussion of BI Fast Phase 2                       Dr. KH. Hasanudin, M.Ag                          Present

                                                                            Dr. H. Mohamad Hidayat                           Present

                                                                            Dr. H. Oni Sahroni, MA                           Present

                                                                            Prof. Dr. Jaih Mubarak, SE, MH. M.Ag             Present

                                                                                                                             Present

12.    May 3, 2024      1.   Discussion of BSI Intraday and PKS             Dr. KH. Hasanudin, M.Ag                          Present
                        2.   Income smoothing of Freeport Pension Fund
                                                                            Dr. H. Mohamad Hidayat                           Present
                             TPF Customers and proposals for the creation
                             of income smoothing policies (by request       Dr. H. Oni Sahroni, MA                           Present
                             from Customers).
                                                                            Prof. Dr. Jaih Mubarak, SE, MH. M.Ag             Present

                                                                            Dr. KH. Abdul Ghofur Maimoen, M.A.               Present

13.    May 22, 2024     1.   Harmonization of Zakat and Infaq Deductions    Dr. KH. Hasanudin, M.Ag                          Present
                        2.   Income Smoothing Cilem Buyback
                                                                            Dr. H. Mohamad Hidayat                           Present
                        3.   Buyback Cilem
                                                                            Dr. H. Oni Sahroni, MA                           Present

                                                                            Prof. Dr. Jaih Mubarak, SE, MH. M.Ag             Present

                                                                            Dr. KH. Abdul Ghofur Maimoen, M.A.               Present

14.    June 26, 2024    Medina project contract scheme, MMQ Indent          Dr. KH. Hasanudin, M.Ag                          Present

                                                                            Dr. H. Mohamad Hidayat                           Present

                                                                            Dr. H. Oni Sahroni, MA                           Present

                                                                            Prof. Dr. Jaih Mubarak, SE, MH. M.Ag             Present

                                                                            Dr. KH. Abdul Ghofur Maimoen, M.A.               Present

15.    July 24, 2024    Sharia Compliance regarding Bewize Application/     Dr. KH. Hasanudin, M.Ag                          Present
                        Platform
                                                                            Dr. H. Mohamad Hidayat                           Present

                                                                            Dr. H. Oni Sahroni, MA                           Present

                                                                            Prof. Dr. Jaih Mubarak, SE, MH. M.Ag             Present

                                                                            Dr. KH. Abdul Ghofur Maimoen, M.A.               Present

16.    July 31, 2024    Sharia Compliance with Non-Customer Cardless        Dr. KH. Hasanudin, M.Ag                          Present
                        Cash Withdrawal Transactions at BSI ATMs and
                                                                            Dr. H. Mohamad Hidayat                           Present
                        Customers at Non-BSI ATMs
                                                                            Dr. H. Oni Sahroni, MA                           Present

                                                                            Prof. Dr. Jaih Mubarak, SE, MH. M.Ag             Present

                                                                            Dr. KH. Abdul Ghofur Maimoen, M.A.               Present

17.   August 07, 2024   Lindungi Nilai Syariah Savings                      Dr. KH. Hasanudin, M.Ag                          Present

                                                                            Dr. H. Mohamad Hidayat                           Present

                                                                            Dr. H. Oni Sahroni, MA                           Present

                                                                            Prof. Dr. Jaih Mubarak, SE, MH. M.Ag             Present

                                                                            Dr. KH. Abdul Ghofur Maimoen, M.A.               Present




                                                                                                        PT Bank Syariah Indonesia Tbk
                                                                                                                 2024 Annual Report
                                                                                                                                        361
Page 364
CORPORATE
GOVERNANCE




 No.            Date                         Meeting Agenda                                Meeting participants          Attendance
 18.      August 21, 2024     1.   Sharia compliance in BSI and Prudential's      Dr. KH. Hasanudin, M.Ag                  Present
                                   Bosphorus project contract clauses.
                                                                                  Dr. H. Mohamad Hidayat                   Present
                              2.   Submission of review of the Credit
                                   Nomenclature Opinion on Hasanah Card.          Dr. H. Oni Sahroni, MA                   Present

                                                                                  Prof. Dr. Jaih Mubarak, SE, MH. M.Ag     Present

                                                                                  Dr. KH. Abdul Ghofur Maimoen, M.A.       Present

 19.       September 04,      1.   Easy Pool Savings Byond Umrah and Foster       Dr. KH. Hasanudin, M.Ag                  Present
               2024                Parent Features
                                                                                  Dr. H. Mohamad Hidayat                   Present

                                                                                  Dr. H. Oni Sahroni, MA                   Present

                                                                                  Prof. Dr. Jaih Mubarak, SE, MH. M.Ag     Present

                                                                                  Dr. KH. Abdul Ghofur Maimoen, M.A.       Present

 20       October 02, 2024    1.   Distribution of TBDSP (Ambulance) funds to     Dr. KH. Hasanudin, M.Ag                  Present
                                   the Sri Sanathana Dharma Foundation.
                                                                                  Dr. H. Mohamad Hidayat                   Present
                              2.   Hasanah Card and KKI QRIS, Hasanah Card
                                   for Young Segment, and Business Debit.         Dr. H. Oni Sahroni, MA                   Present
                              3.   Findings on the Channeling Pattern of
                                   Cooperative Partner Products.                  Prof. Dr. Jaih Mubarak, SE, MH. M.Ag     Present

                                                                                  Dr. KH. Abdul Ghofur Maimoen, M.A.       Present

 21       October 09, 2024    Implementation of Sharia Governance in              Dr. KH. Hasanudin, M.Ag                  Present
                              accordance with OJK Regulation no 2 of 2024.
                                                                                  Dr. H. Mohamad Hidayat                   Present

                                                                                  Dr. H. Oni Sahroni, MA                   Present

                                                                                  Prof. Dr. Jaih Mubarak, SE, MH. M.Ag     Present

                                                                                  Dr. KH. Abdul Ghofur Maimoen, M.A.       Present

 22       October 21, 2024    OJK Findings Regarding Implementation of Take       Dr. KH. Hasanudin, M.Ag                  Present
                              Over Contracts; Qardh Bai and Murabahah
                                                                                  Dr. H. Mohamad Hidayat                   Present

                                                                                  Dr. H. Oni Sahroni, MA                   Present

                                                                                  Prof. Dr. Jaih Mubarak, SE, MH. M.Ag     Present

                                                                                                                           Present

 23      November 06, 2024    1.   Update on the 2024 recovery plan Joint         Dr. KH. Hasanudin, M.Ag                  Present
                                   Financing Scheme with Sharia Multifinance
                                                                                  Dr. H. Mohamad Hidayat                   Present
                              2.   Landing Page
                                                                                  Dr. H. Oni Sahroni, MA                   Present

                                                                                  Prof. Dr. Jaih Mubarak, SE, MH. M.Ag     Present

                                                                                  Dr. KH. Abdul Ghofur Maimoen, M.A.       Present

 24      November 13, 2024    1.   Proposal of Sustainable Finance Action Plan    Dr. KH. Hasanudin, M.Ag                  Present
                                   (RAKB) 2025
                                                                                  Dr. H. Mohamad Hidayat                   Present
                              2.   SRIA
                              3.   Harmonization of Musyarakah Contract           Dr. H. Oni Sahroni, MA                   Present
                                   Standards
                                                                                  Prof. Dr. Jaih Mubarak, SE, MH. M.Ag     Present

                                                                                  Dr. KH. Abdul Ghofur Maimoen, M.A.       Present

 25      November 26, 2024    Study of Pension Financing Agreement                Dr. KH. Hasanudin, M.Ag                  Present
                              accompanied by Rahn hearing on Realtime Berkah
                                                                                  Dr. H. Mohamad Hidayat                   Present
                              Pension.
                                                                                  Dr. H. Oni Sahroni, MA                   Present

                                                                                  Prof. Dr. Jaih Mubarak, SE, MH. M.Ag     Present

                                                                                                                           Present

 26      December 10, 2024    1.   Byond lyfe                                     Dr. KH. Hasanudin, M.Ag                  Present
                              2.   Griya Financing on Byond
                                                                                  Dr. H. Mohamad Hidayat                   Present
                              3.   Study of channeling schemes to Conventional
                                   Cooperatives (in the context of requesting a   Dr. H. Oni Sahroni, MA                   Present
                                   Fatwa/Sharia alignment to DSN-MUI)
                                                                                  Prof. Dr. Jaih Mubarak, SE, MH. M.Ag     Present

                                                                                  Dr. KH. Abdul Ghofur Maimoen, M.A.       Present




       PT Bank Syariah Indonesia Tbk
362 2024 Annual Report
Page 365
 No.              Date                        Meeting Agenda                                   Meeting participants                    Attendance
  27     December 18, 2024     1.   Implementation of PYD based on Mudharabah        Dr. KH. Hasanudin, M.Ag                                Present
                                    Contract with DIB (Tanazul 'an al-haq)
                                                                                     Dr. H. Mohamad Hidayat                                 Present
                               2.   Risk participation
                               3.   Preparation for a close meeting with PWC         Dr. H. Oni Sahroni, MA                                 Present

                                                                                     Prof. Dr. Jaih Mubarak, SE, MH. M.Ag                   Present

                                                                                     Dr. KH. Abdul Ghofur Maimoen, M.A.                     Present



The agenda and participants of the joint meeting of the Sharia Supervisory Board (DPS), the Board of Commissioners, and the Board of
Directors are presented in the subsection “Joint Meeting of the Board of Commissioners” in the Corporate Governance chapter of this
Annual Report.


Frequency and Attendance of Shariah Supervisory Board (DPS) Meetings

Table of DPS Meeting Frequency and Attendance
                                           DPS Meeting                              DPS Joint Meeting                              GMS
                               Number and Percentage of Attendance      Number and Percentage of Attendance       Number and Percentage of Attendance
       Name         Position
                                Number                                  Number                                    Number
                                           Number of                                  Number of                                Number of
                                  of                     Percentage       of                        Percentage      of                        Percentage
                                           Attendance                                 Attendance                               Attendance
                                Meetings                                Meetings                                  Meetings
 Dr. KH.
 Hasanudin,         Chairman        27          27          100%           3               3            100%           1           1             100%
 M.Ag
 Dr. H.
 Mohamad            Member          27          27          100%           3               3            100%           1           1             100%
 Hidayat
 Dr. H. Oni
                    Member          27          27          100%           3               3            100%           1           1             100%
 Sahroni, MA
 Prof. Dr. Jaih
 Mubarak, SE,       Member          27          27          100%           3               3            100%           1           1             100%
 MH. M.Ag
 Dr. KH.
 Abdul Ghofur       Member          27          27          100%           3               3            100%           1           1             100%
 Maimoen, M.A.


Training and/or Competency Development of The Shariah Supervisory Board Members

        Name             Position                    Training Name                                 Date/Place                      Organizer
                                     Training & Courtesy Visit Transaction Banking to    Saudi Arabia, February 4 –        PT Bank Syariah Indonesia
                                     Saudi Arabia                                        12, 2024                          Tbk
                                     Top Executive Learning Program (TELP) - Series                                        PT Bank Syariah Indonesia
                                                                                         Jakarta, February 26, 2024
                                     II: Leadership Transformation                                                         Tbk
                                     BSMR Briefing for Sharia Supervisory Board and
                                                                                         Online, July 2-3, 2024            LSPKS
                                     Sharia Committee Level 4
                                                                                         Jakarta, August 8-9 and 13,
                                     BSMR Level 4 Refreshment with ASBISINDO                                               ASBISINDO
                                                                                         2024
                                     Syariah Pre-Ijtima' Sanawi (Annual Meeting)
 Dr. KH. Hasanudin,                  Workshop of DPS IX 2024 for Sharia
                         Chairman                                                        Jakarta, September 11, 2024       DSN MUI
 M.Ag                                Commercial Banks (BUS) and Sharia Business
                                     Units (UUS)
                                     Training of Foreign Exchange Transaction for        Malang, September 26-27,          PT Bank Syariah Indonesia
                                     Sharia Supervisory Board                            2024                              Tbk
                                     Ijtima' Sanawi (Annual Meeting) DPS XX in 2024      Jakarta, December 20, 2024        DSN MUI
                                     "Sharing Session at the National Working
                                     Meeting (RAKERNAS) of PT Bank Syariah
                                                                                         Bandung, December 20,             PT Bank Syariah Indonesia
                                     Indonesia Tbk by Juan Hasang Enterprise
                                                                                         2024                              Tbk
                                     Solution Architect Manager AWS Indonesia
                                     Topic: Bank of The Future"




                                                                                                                  PT Bank Syariah Indonesia Tbk
                                                                                                                           2024 Annual Report
                                                                                                                                                      363
Page 366
CORPORATE
GOVERNANCE




       Name            Position                      Training Name                               Date/Place                     Organizer
                                      Transaction Banking Training & Courtesy Visit to   Saudi Arabia, February 4 –     PT Bank Syariah Indonesia
                                      Saudi Arabia                                       12, 2024                       Tbk
                                      Top Executive Learning Program (TELP) - Series                                    PT Bank Syariah Indonesia
                                                                                         Jakarta, February 26, 2024
                                      II: Leadership Transformation                                                     Tbk
                                      Socialization of OJK Regulation regarding Sharia
                                      Governance & OJK Circular regarding Risk           Jakarta, February 28, 2024     OJK
                                      Management for BUS dan UUS
                                      Socialization from OJK regarding Guidelines for
                                                                                         Jakarta, May 26, 2024          OJK
                                      Musyarakah Financing Products
                                      BSMR Briefing for Sharia Supervisory Board and
                                                                                         Online, July 2-3, 2024         LSPKS
                                      Sharia Committee Level 4
                                      Pre-Ijtima' Sanawi (Annual Meeting) Workshop
 Dr. H. Mohamad                       of DPS IX 2024 for Sharia Commercial Banks         Jakarta, September 11, 2024    DSN MUI
                       Member
 Hidayat                              and Sharia Business Units
                                      Training of Foreign Exchange Transaction           Malang, September 26-27,       PT Bank Syariah Indonesia
                                      Training for Sharia Supervisory Board              2024                           Tbk
                                      Ijtima' Sanawi (Annual Meeting) DPS XX 2024        Jakarta, December 20, 2024     DSN MUI
                                      Top Executive Learning Program (TELP) -
                                      December 2024                                                                     PT Bank Syariah Indonesia
                                                                                         Jakarta, December 17, 2024
                                      Theme: Execution Matters: Plans Change                                            Tbk
                                      Nothing
                                      "Sharing Session at the National Working
                                      Meeting (RAKERNAS) of PT Bank Syariah
                                                                                         Bandung, December 20,          PT Bank Syariah Indonesia
                                      Indonesia Tbk by Juan Hasang Enterprise
                                                                                         2024                           Tbk
                                      Solution Architect Manager AWS Indonesia
                                      Topic: Bank of The Future"
                                      Top Executive Learning Program (TELP) - Series                                    PT Bank Syariah Indonesia
                                                                                         Jakarta, February 26, 2024
                                      II: Leadership Transformation                                                     Tbk
                                      Socialization from OJK regarding Guidelines for
                                                                                         Jakarta, May 26, 2024          OJK
                                      Musyarakah Financing Products
                                      BSMR Briefing for Sharia Supervisory Board and
                                                                                         Online, July 2-3, 2024         LSPKS
                                      Sharia Committee Level 4
                                                                                         Jakarta, August 8-9 and 13,
                                      BSMR Level 4 Refreshment with ASBISINDO                                           ASBISINDO
                                                                                         2024
                                      Pre-Ijtima' Sanawi (Annual Meeting) Workshop
                                      of DPS IX 2024 for Sharia Commercial Banks         Jakarta, September 11, 2024    DSN MUI
                                      and Sharia Business Units

 Dr. H. Oni Sahroni,                  Training of Foreign Exchange Transaction for       Malang, September 26-27,       PT Bank Syariah Indonesia
                       Member         Sharia Supervisory Board                           2024                           Tbk
 MA
                                      Ijtima' Sanawi (Annual Meeting) DPS XX 2024        Jakarta, October 11-12, 2024   DSN MUI
                                      Top Executive Learning Program (TELP) -
                                      December 2024                                                                     PT Bank Syariah Indonesia
                                                                                         Jakarta, December 17, 2024
                                      Theme: Execution Matters: Plans Change                                            Tbk
                                      Nothing
                                      SEOJK socialization on sharia governance for
                                                                                         Jakarta, December 18, 2024     OJK
                                      BUS and UUS
                                      "Sharing Session at the National Working
                                      Meeting (RAKERNAS) of PT Bank Syariah
                                                                                         Bandung, December 20,          PT Bank Syariah Indonesia
                                      Indonesia Tbk by Juan Hasang Enterprise
                                                                                         2024                           Tbk
                                      Solution Architect Manager AWS Indonesia
                                      Topic: Bank of The Future"




      PT Bank Syariah Indonesia Tbk
364 2024 Annual Report
Page 367
         Name               Position                    Training Name                                Date/Place                        Organizer
                                        BSMR Briefing for Sharia Supervisory Board and
                                                                                             Online, July 2-3, 2024           LSPKS
                                        Sharia Committee Level 4
                                                                                                                              Lembaga Pengembangan
                                        Executive Overview of Islamic Banking                Online, July 4 – 5, 2024
                                                                                                                              Perbankan Indonesia (LPPI)
                                                                                             Jakarta, August 8-9 and 13
                                        BSMR Level 4 Refreshment with ASBISINDO                                               ASBISINDO
                                                                                             2024
                                        Pre-Ijtima' Sanawi (Annual Meeting) Workshop
                                        of DPS IX 2024 for Sharia Commercial Banks           Jakarta, September 11, 2024      DSN MUI
                                        and Sharia Business Units
 Prof. Dr. Jaih                         Training of Foreign Exchange Transaction for         Malang, September 26-27,         PT Bank Syariah Indonesia
 Mubarak, SE, MH.          Member       Sharia Supervisory Board                             2024                             Tbk
 M.Ag*
                                        Ijtima' Sanawi (Annual Meeting) DPS XX 2024          Jakarta, October 11-12, 2024     DSN MUI
                                        Top Executive Learning Program (TELP) -
                                        December 2024                                                                         PT Bank Syariah Indonesia
                                                                                             Jakarta, December 17, 2024
                                        Theme: Execution Matters: Plans Change                                                Tbk
                                        Nothing
                                        "Sharing Session at the National Working
                                        Meeting (RAKERNAS) of PT Bank Syariah
                                                                                             Bandung, December 20,            PT Bank Syariah Indonesia
                                        Indonesia Tbk by Juan Hasang Enterprise
                                                                                             2024                             Tbk
                                        Solution Architect Manager AWS Indonesia
                                        Topic: Bank of The Future"
                                        BSMR Briefing for Sharia Supervisory Board and
                                                                                             Online, July 2-3, 2024           LSPKS
                                        Sharia Committee Level 4
                                                                                                                              Lembaga Pengembangan
                                        Executive Overview of Islamic Banking                Online, July 4 – 5, 2024
                                                                                                                              Perbankan Indonesia (LPPI)
                                        Basic training in muamalah maaliyah and DSN
                                                                                             Online, July 15-17, 2024         DSN MUI
                                        MUI Fatwa, Day 2. DSN Material.
                                        Basic Training Orientation for Islamic Banking
 Dr. KH. Abdul                                                                               Online, August 2, 2024           DSN MUI
                                        Sharia Supervisors (PDPS)
 Ghofur Maimoen,           Member
 M.A.*                                                                                       Jakarta, August 8-9 and 13,
                                        BSMR Level 4 Refreshment with ASBISINDO                                               ASBISINDO
                                                                                             2024
                                        Ijtima' Sanawi (Annual Meeting) DPS XX 2024          Jakarta, October 11-12, 2024     DSN MUI
                                        "Sharing Session at the National Working
                                        Meeting (RAKERNAS) of PT Bank Syariah
                                                                                             Bandung, December 20,            PT Bank Syariah Indonesia
                                        Indonesia Tbk by Juan Hasang Enterprise
                                                                                             2024                             Tbk
                                        Solution Architect Manager AWS Indonesia
                                        Topic: Bank of The Future"

*Starting serving on May 17, 2024.




Orientation Program for New Sharia Supervisory Board

In 2024, there were 2 (two) new Sharia Supervisory Board members, namely Prof. Dr. Jaih Mubarak, SE, MH. M.Ag and Dr. KH. Abdul
Ghofur Maimoen, M.A. All new Sharia Supervisory Board (DPS) members have participated in the orientation program for the new
Board of Commissioners (BOC) with the following time and orientation program materials.


  No                         Training                           Time                                             Organizer
                                                         Wednesday, June        •      PT Bank Syariah Indonesia Tbk Bank Syariah Indonesia University
          Program For BOC & DPS
 1.                                                      5, 2024                •      Corporate Secretary and Communication Group
          - Corporate Plan
                                                         09.00-10.30            •      Change Management & Transformation Office Group

          Orientation Program for BoC & DPS              Thursday, June 6,      •      PT Bank Syariah Indonesia Tbk Bank Syariah Indonesia University
 2.       - Introduction to Sharia and Sharia            2024                   •      Corporate Secretary and Communication Group
          Contracts                                      09.00-10.30            •      Compliance & AML-CFT Group




                                                                                                                        PT Bank Syariah Indonesia Tbk
                                                                                                                                 2024 Annual Report
                                                                                                                                                        365
Page 368
CORPORATE
GOVERNANCE




 No                     Training                          Time                                           Organizer
                                                                          •     PT Bank Syariah Indonesia Tbk Bank Syariah Indonesia University
        Orientation Program for BoC & DPS - Bank   Friday, June 7, 2024
 3.                                                                       •     Corporate Secretary and Communication Group
        Soundness Level                            09.00-10.30
                                                                          •     Operational Portfolio & Market Risk Group

                                                   Monday, June 10,
        Program For BOC & DPS                                             •     PT Bank Syariah Indonesia Tbk Bank Syariah Indonesia University
 4.                                                2024
        - One Culture                                                     •     Corporate Secretary and Communication Group
                                                   09.00-10.30

                                                   Wednesday, June        •     PT Bank Syariah Indonesia Tbk Bank Syariah Indonesia University
        Orientation Program for BOC & DPS -
 5.                                                12, 2024               •     Corporate Secretary and Communication Group
        Bank Business Plan (RBB)
                                                   13.00-14.30            •     Strategic Planning & Performance Management Group

                                                   Thursday, June 13,
                                                                          •     PT Bank Syariah Indonesia Tbk Bank Syariah Indonesia University
        Orientation Program for BoC & DPS -        2024
 6.                                                                       •     Corporate Secretary and Communication Group
        Good Corporate Governance (GCG)            08.00-09.30
                                                                          •     Compliance & AML-CFT Group




Frequency and Methods of Giving Advice and                                    2. Supervise Bank activities.
Suggestions and Supervision af Sharia Principles                                 a. Analyzing reports submitted by and/or requested from the
Fulfillment                                                                         Board of Directors, internal audit function implementers
                                                                                    and/or compliance functions to determine the quality of
The Sharia Supervisory Board provides advice and suggestions                        implementation of Sharia Principles for fund raising and
through various means that ensure the implementation of sharia                      fund distribution activities and Bank service;
principles in capital market activities. Advice is provided through              b. Determining the number of random tests (samples) of
regular meetings and discussions with the management of the                         transactions to be examined by taking into account the
Bank or the institutions involved, to discuss operational issues                    quality of implementation of Sharia Principles fulfillment
and ensure compliance with sharia. In addition, the DPS can                         of each activity;
also issue written reports detailing the results of their audits                 c. Checking transaction documents that are tested by
and supervision, including recommendations or improvements                          random sampling to determine compliance with Sharia
needed.                                                                             Principles as required in the SOP, including:
                                                                                    • whether or not there is proof of purchase of goods,
The implementation of the duties and responsibilities of the                              for a murabahah contract as proof of fulfillment of
Sharia Supervisory Board is carried out in the following ways:                            the conditions of a murabahah sale and purchase;
1. Conduct supervision of the Bank's new product development                        • whether or not there is a customer business report,
    process in the form of:                                                               for mudharabah/musyarakah contracts, as a basis
    a. Requesting an explanation from authorized Bank                                     for calculating profit sharing distribution;
        officials regarding the objectives, characteristics and                  d. Conducting inspections, observations, requests for
        contracts used in new products to be issued;                                information and/or confirmation to Bank employees
    b. Checking whether there is a fatwa from the National                          and/or customers to strengthen the results of document
        Sharia Council-Indonesian Ulama Council regarding the                       examinations as referred to in letter c., if necessary.
        agreement used in the new product.                                       e. Reviewing the SOP related to sharia aspects if there are
        • Reviewing the systems and procedures of new                               indications of non-compliance with the implementation
             products to be issued in relation to the fulfillment of                of Sharia Principles for the activities in question;
             Sharia Principles; and                                              f. Providing sharia opinions on fund raising and fund
        • Providing sharia opinions on new products that will                       distribution activities as well as Bank service provision; and
             be released.                                                        g. Reporting the results of the Sharia Supervisory Board's
    c. Reviewing the systems and procedures of new products                         supervision to the Board of Directors and Board of
        to be issued in relation to the fulfillment of Sharia                       Commissioners.
        Principles; and
    d. Providing sharia opinions on new products that will be
        released.




      PT Bank Syariah Indonesia Tbk
366 2024 Annual Report
Page 369
DPS Picking Test for the January 1, 2024-December 31, 2024 Period


 No.             Date               BSI Branch Offices/Locations             No.               Date              BSI Branch Offices/Locations
  1    •   January 24-26, 2024     •    Branch BOGOR PAJAJARAN                 6    •    June 3-5, 2024          •   Branch KETAPANG
       •   January 24-26, 2024          SUKASARI                                    •    June 3-5, 2024          •   Branch KUTAI
       •   January 31 - February   •    Sub-Branch DEPOK DUA                        •    June 5-7, 2024              KARTANEGARA
           3, 2024                 •    Branch METRO A YANI /                       •    June 12-14, 2024        •   Branch JAMBI PATTIMURA
                                        Audit Mikro                                                              •   Sub-Branch PADANG
                                                                                                                     PARIAMAN
  2    •   February 12-13, 2024    •    Sub-Branch CILEGON
       •   February 19-20, 2024         MERAK                                  7    •    JULY 8-9, 2024          •   Branch MANADO MANTOS
       •   February 19-20, 2024    •    Branch PETTARANI                            •    JULY 3-5, 2024          •   Branch PASURUAN
       •   February 19-21, 2024    •    Sub-Branch KENDARI LEPO-                    •    JULY 3-5, 2024              BALAIKOTA
       •   February 20-24, 2024         LEPO                                        •    July 11-12, 2024        •   Branch BLITAR
       •   February 21-24, 2024    •    Branch PATI SUDIRMAN                        •    JULY 15-16, 2024        •   Branch BENGKULU
                                   •    Sub-Branch BATANG                           •    JULY 15-16, 2024        •   Branch SUMBAWA
                                   •    Sub-Branch GOMBONG                          •    JULY 17-18, 2024            DIPONEGORO
                                                                                                                 •   Sub-Branch BANYUWANGI
  3    •   March 1 - 6, 2024       •    Branch MEDAN S PARMAN
                                                                                                                     A YANI
       •   March 1 - 6, 2024       •    Sub-Branch TEBING TINGGI
                                                                                                                 •   Sub-Branch SIDOARJO A
       •   March 1 - 6, 2024            SUDIRMAN 1
                                                                                                                     YANI
                                   •    Branch PEMATANGSIANTAR
                                                                               8    •    AUGUST 12-14, 2024      •   Branch CIMAHI
  4    •   April 1-3, 2024         •    Sub-Branch PALEMBANG                        •    AUGUST 20-21, 2024      •   Branch JAKARTA THE
       •   April 2-4, 2024              SIMPANG PATAL                               •    AUGUST 20-21, 2024          TOWER
       •   April 19-21, 2024       •    Branch MARTAPURA
                                                                                                                 •   Sub-Branch JAKARTA
                                   •    Branch BANDA ACEH
                                                                                                                     PANGKALAN JATI 2
                                        DIPONEGORO
                                                                               9    •    September 05-07,        •   Branch KUALA SIMPANG
  5    •   May 13-17, 2024         •    Sub-Branch BOYOLALI                              2024                    •   Branch JAKARTA MAYESTIK
       •   May 13-17, 2024              PANDANARAN 1                                •    Monday, September       •   Sub-Branch JAKARTA MEGA
       •   May 20-22, 2024         •    Sub-Branch MAGELANG                              09, 2024                    KUNINGAN
       •   May 20-22, 2024              GATOT SOEBROTO                              •    Tuesday, September
       •   May 21-22, 2024         •    Branch DUMAI                                     10, 2024
                                   •    Sub-Branch BATAM BATU
                                        AJI                                   10    •    October 21-23, 2024     •   Sub-Branch CALANG
                                   •    Sub-Branch BANGKALAN                        •    October 24-25, 2024     •   Sub-Branch PAMULANG
                                        TRUNOJOYO
                                                                              11    •    November 03, 2024       •   Branch JAKARTA SUNTER
                                                                                    •    November 13, 2024       •   Sub-Branch DEPOK CINERE
                                                                                    •    November 13, 2024       •   Sub-Branch JAKARTA
                                                                                    •    November 18, 2024           KEMANGGISAN
                                                                                                                 •   Branch BEKASI
                                                                                                                     JATIWARINGIN


Recapitulation of Directions and Recommendations of the Sharia Supervisory Board


 No.                                       DPS Opinion Title                                                No. Register              Date
                                                                                                            01/BSI/DPS/
  1    Financial Report of PT Bank Syariah Indonesia Tbk for the Period of December 31, 2023                                       16/01/2024
                                                                                                            OPINI/I/2024
                                                                                                            02/BSI/DPS/
  2    Commodity Murabahah For BSI Dubai / Middle East                                                                             22/01/2024
                                                                                                            OPINI/I/2024
                                                                                                            03/BSI/DPS/
  3    Financing Restructuring of PT Wijaya Karya (Persero) Tbk                                                                    22/01/2024
                                                                                                            OPINI/I/2024
                                                                                                            04/BSI/DPS/
  4    Approval of Documents related to BSI Paylater                                                                               16/01/2024
                                                                                                            OPINI/I/2024
                                                                                                            05/BSI/DPS/
  5    Approval of MP and PKS cardless withdrawal templates                                                                        16/01/2024
                                                                                                            OPINI/I/2024
       The Use of TBDSP Funds for the Construction of the Raudhatlutalibin Islamic Boarding School          06/BSI/DPS/
  6                                                                                                                                31/01/2024
       Clinic in Leteh, Rembang                                                                             OPINI/I/2024
                                                                                                            07/BSI/DPS/
  7    Ratification of Documents Related to BSI Cash Management                                                                    31/01/2024
                                                                                                            OPINI/I/2024

                                                                                                            08/BSI/DPS/
  8    Structure Ujrah Tiering                                                                                                     16/02/2024
                                                                                                            OPINI/I/2024




                                                                                                              PT Bank Syariah Indonesia Tbk
                                                                                                                       2024 Annual Report
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Page 370
CORPORATE
GOVERNANCE




 No.                                         DPS Opinion Title                                        No. Register        Date
                                                                                                      09/BSI/DPS/
  9      Notional Pooling                                                                                               16/02/2024
                                                                                                      OPINI/I/2024
                                                                                                      10/BSI/DPS/
 10      BSI OTO                                                                                                        24/01/2024
                                                                                                      OPINI/I/2024
                                                                                                    11/BSI/DPS/OPINI/
 11      Approval of Documents Related to BSI Sustainable Sukuk Mudharabah                                              21/02/2024
                                                                                                         II/2024
         Supplier Financing Novation to Customers of PT Barata Indonesia and PT Waskita Beton       12/BSI/DPS/OPINI/
 12                                                                                                                     21/02/2024
         Precast, Tbk                                                                                    II/2024
                                                                                                    13/BSI/DPS/OPINI/
 13      BSI Multicurrency Foreign Exchange Savings Products                                                             8/3/2024
                                                                                                         III/2024
                                                                                                    14/BSI/DPS/OPINI/
 14      The Bosporus Project                                                                                            6/3/2024
                                                                                                         III/2024
         Approval of the Documentation Template for the Harmonization of MMQ Contracts for the      15/BSI/DPS/OPINI/
 15                                                                                                                      1/3/2024
         Retail Segment                                                                                  III/2024
         Termination of Host to Host (H2H) Cooperation for Bank Mandiri ATMs and Restatement of     16/BSI/DPS/OPINI/
 16                                                                                                                     3/20/2024
         Cooperation on the Use of Bank Mandiri (BMRI) EDC Services                                      III/2024
                                                                                                    17/BSI/DPS/OPINI/
 17      Tapenas Products (Future Planning Savings) Collaboration                                                       2/21/2024
                                                                                                         III/2024
                                                                                                    18/BSI/DPS/OPINI/
 18      DPS Opinion for Installment Mortgage Scheme                                                                    3/20/2024
                                                                                                         III/2024
                                                                                                    19/BSI/DPS/OPINI/
 19      Broker-Dealer Marketing Partner (MPPPE)                                                                        3/20/2024
                                                                                                         III/2024
         Sharia Compliance Regarding the Profit Sharing Scheme Expected by PT Freeport Pension        20/BSI/DPS/
 20                                                                                                                      5/3/2024
         Fund                                                                                         OPINI/V/2024
                                                                                                      21/BSI/DPS/
 21      Sharia Compliance regarding Intraday Business Scheme                                                            3/5/2024
                                                                                                      OPINI/V/2024
         Approval Of Standard Business Procedure Template And Cooperation Agreement Related To      22/BSI/DPS/OPINI/
 22                                                                                                                     6/25/2024
         Bancassurance                                                                                   VI/2024
                                                                                                      23/BSI/DPS/
 23      Revenue Distribution in Stages                                                                                 5/22/2024
                                                                                                      OPINI/V/2024
                                                                                                      24/BSI/DPS/
 24      BSI Gold Installment Buyback Feature                                                                           5/22/2024
                                                                                                      OPINI/V/2024
                                                                                                      25/BSI/DPS/
 25      Sharia Compliance of Global Transaction Sharia System (GTS/Bewize)                                             7/24/2024
                                                                                                      OPINI/V/2024
                                                                                                    26/BSI/DPS/OPINI/
 26      Request for DPS Opinion on Cash Waqf Linked Deposit (CWLD) Financing Product                                   12/6/2024
                                                                                                         VI/2024
                                                                                                    27/BSI/DPS/OPINI/
 27      Implementation of the Contract Scheme for Indent Home Financing                                                6/26/2024
                                                                                                         VI/2024
                                                                                                    28/BSI/DPS/OPINI/
 28      Financial Report of PT Bank Syariah Indonesia Tbk in the Period of June 30, 2024                               8/22/2024
                                                                                                        VIII/2024
                                                                                                    29/BSI/DPS/OPINI/
 29      Approval Of Simplification Template Of Mudharabah Deposit Agreement (Ijab Qabul)                               8/18/2024
                                                                                                        VIII/2024
                                                                                                    30/BSI/DPS/OPINI/
 30      Approval Of Commodity Murabahah Related Document Template For Bsi Dubai                                        8/26/2024
                                                                                                        VIII/2024
                                                                                                      31/BSI/DPS/
 31      Sharia compliance with BI Fast Stage 2 (Request for Payment and Bulk Credit)                                   5/26/2024
                                                                                                      OPINI/V/2024
                                                                                                    32/BSI/DPS/OPINI/
 32      Online Debit Approval                                                                                          7/30/2024
                                                                                                         IX/2024
         Approval Of Manual Template For Cardless Cash Withdrawal Product Between Banks Via Third   33/BSI/DPS/OPINI/
 33                                                                                                                     9/11/2024
         Party Network                                                                                   IX/2024
                                                                                                    34/BSI/DPS/OPINI/
 34      Features Of Foster Parents On Byond                                                                             9/4/2024
                                                                                                         IX/2024
                                                                                                    35/BSI/DPS/OPINI/
 35      Features Of Purchasing Umrah Packages In Byond                                                                  9/4/2024
                                                                                                         IX/2024
                                                                                                      36/BSI/DPS/
 36      Approval Of Bank To Bank Wakalah Facility Financial Institution Agreement Template                             10/14/2024
                                                                                                      OPINI/X/2024




       PT Bank Syariah Indonesia Tbk
368 2024 Annual Report
Page 371
No.                                      DPS Opinion Title                                          No. Register              Date
      Approval Of Interbank Sharia Hedging Transaction Documentation Template Through Foreign     37/BSI/DPS/OPINI/
37                                                                                                                         9/26/2024
      Exchange Trading (Fxt)                                                                           IX/2024
      Approval Of Documents Related To Bsi As A Selling Agent For Syariah Mutual Funds Manually     38/BSI/DPS/
38                                                                                                                         10/2/2024
      And Electronically                                                                            OPINI/X/2024
                                                                                                  39/BSI/DPS/OPINI/
39    Zakat Savings                                                                                                         9/4/2024
                                                                                                       IX/2024
                                                                                                    40/BSI/DPS/
40    BSI Business Debit                                                                                                   10/2/2024
                                                                                                    OPINI/X/2024
      Application for the Extension of Qardh Bai’ and Murabahah Implementation (OJK Audit           41/BSI/DPS/
41                                                                                                                         10/21/2024
      Findings Regarding the Unimplementation of Hawalah bil Ujrah and Bai’ and Murabahah)          OPINI/X/2024
                                                                                                    42/BSI/DPS/
42    Easy Pool                                                                                                             9/4/2024
                                                                                                    OPINI/X/2024
                                                                                                  43/BSI/DPS/OPINI/
43    Landing Page Consumer                                                                                                11/8/2024
                                                                                                       XI/2024
                                                                                                  44/BSI/DPS/OPINI/
44    Approval of Musyarakah Mutanaqishah Contract Template for Procurement of Indent Goods                                11/8/2024
                                                                                                       XI/2024
                                                                                                  45/BSI/DPS/OPINI/
45    Recovery Action Plan 2024                                                                                             11/6/2024
                                                                                                       XI/2024
                                                                                                  46/BSI/DPS/OPINI/
46    Sustainable Finance Action Plan (RAKB) 2025                                                                          11/13/2024
                                                                                                       XI/2024
                                                                                                  47/BSI/DPS/OPINI/
47    Approval Of Documents Related To Purchasing Umrah Packages On Byond Superapps                                        11/20/2024
                                                                                                       XI/2024
      Approval Of Manual Template For House Financing Products With Musyarakah Mutanaqishah       48/BSI/DPS/OPINI/
48                                                                                                                          12/4/2024
      Agreement For Procurement Of Indonesian Goods                                                    XII/2024
                                                                                                  49/BSI/DPS/OPINI/
49    Business Debit Approval Opinion                                                                                      12/10/2024
                                                                                                       XII/2024
                                                                                                  50/BSI/DPS/OPINI/
50    PUPMSJT Policy                                                                                                        12/4/2024
                                                                                                       XII/2024
                                                                                                  51/BSI/DPS/OPINI/
51    Approval Of Documents Related To Cash Waqf Linked Deposit (Cwld)                                                     12/19/2024
                                                                                                       XII/2024
                                                                                                  52/BSI/DPS/OPINI/
52    Feature Development on Byond Supperaps                                                                               12/10/2024
                                                                                                       XII/2024
      Approval of the Memorandum of Operational Procedures for Internal Control Over Financial    53/BSI/DPS/OPINI/
53                                                                                                                         12/31/2024
      Reporting (ICOFR)                                                                                XII/2024
      Implementation of Income Smoothing and Tanazul Haq in Mudharabah Contracts between          54/BSI/DPS/OPINI/
54                                                                                                                         12/18/2024
      Islamic Financial Institutions (Dubai Islamic Bank)                                              XII/2024




                                                                                                      PT Bank Syariah Indonesia Tbk
                                                                                                               2024 Annual Report
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CORPORATE
GOVERNANCE




Performance Assessment of The Shariah Supervisory                     5. Holds concurrent positions in positions that are prohibited
Board and The Basis for Its Assessment                                   for members of the Sharia Supervisory Board due to
                                                                         provisions of the National Sharia Council and/or applicable
Procedure for Assessing The Sharia Supervisory Board                     laws and regulations;
(DPS) Performance                                                     6. Dies;
                                                                      7. Is dismissed by the GMS;
The DPS performance assessment implementation procedure               8. Is included in the list of bad credit/financing.
is carried out through a self-assessment which is carried out
periodically every semester based on POJK No. 17 of 2023 on           Nomination and Remuneration of The Board
Implementation of Governance for Commercial Banks.                    of Directors and Board of Commissioners

The Party Conducting The Assessment                                   Board of Directors and Board of Commissioners
                                                                      Nomination Procedure
The DPS performance assessment is carried out through the GCG
Self Assessment carried out by the Bank and submitted 2 (two)         The appointment of the Board of Commissioners of Bank
times in 1 (one) year to the Financial Services Authority based       Syariah Indonesia must meet the criteria established at the
on POJK No. 17 of 2023 on Implementation of Governance for            time of appointment under applicable regulations. The Board of
Commercial Banks.                                                     Commissioners is nominated and elected through shareholder
                                                                      proposals to the GMS, with the Board of Commissioners and the
Assessment Criteria of DPS Performance                                Nomination and Remuneration Committee’s recommendations
                                                                      taken into account. Before discussing the appointment and
The assessment criteria of DPS performance are seen based             dismissal of the Board of Commissioners at the GMS, information
on the implementation of DPS duties and responsibilities as           about the new Board of Commissioners candidates’ profiles
indicated by the achievement of DPS meeting implementation,           should be provided.
issuance of DPS opinions, and implementation of DPS sharia
supervision (sampling test).                                          Procedures and Implementation of Remuneration
                                                                      of The Board of Commissioners and Board Of
Mechanism for Resignation and Dismissal of The                        Directors
Sharia Supervisory Board
                                                                      The Remuneration Governance Policy for the Board of
A member of the Sharia Supervisory Board may resign from his/         Commissioners refers to and is guided by Financial Services
her position before the end of his/her term of office by submitting   Authority Regulation No. 59/POJK.03/2017 dated 18
a written resignation application regarding his/her intention to      December 2017 concerning the Implementation of Governance
the Company no later than 90 (ninety) calendar days before the        in Providing Remuneration for Sharia Commercial Banks and
effective date of his/her desired resignation. The dismissal and/     Sharia Business Units.
or resignation of a member of the Sharia Supervisory Board shall
be effective as of the closing date of the GMS unless there is        Remuneration Determination Procedure
another dismissal date determined by the GMS and/or unless
otherwise determined in the applicable regulations.                   In general, the procedure for determining remuneration for
                                                                      the Board of Commissioners, Directors and Sharia Supervisory
The term of office of a member of the Sharia Supervisory Board        Board is carried out through the following stages:
will end automatically if the member of the Sharia Supervisory        1. The Nomination and Remuneration Committee evaluates
Board:                                                                    the remuneration policies that apply to the Board of
1. Loses the Indonesian Citizenship;                                      Commissioners.
2. Resigns and the resignation has become effective;                  2. Next, the Nomination and Remuneration Committee will
3. Is declared bankrupt or placed under guardianship based on             provide recommendations to the Board of Commissioners
     a court decision;                                                    regarding remuneration policies for the Board of
4. No longer meets the requirements under applicable laws and             Commissioners.
     regulations;                                                     3. The Board of Commissioners submits proposed remuneration
                                                                          recommendations in the form of salary/honorarium and
                                                                          bonuses to the Controlling Shareholders for approval by the
                                                                          GMS.




     PT Bank Syariah Indonesia Tbk
370 2024 Annual Report
Page 373
      Nomination and Remuneration
              Committee                                Board of Commissioners                      General Meeting of Shareholders
    Making a Remuneration Preparation                  Remuneration Discussion                              Setting Remuneration
                 Study




Indicators for Remuneration Determination
                                                                                          Board of Commissioners

Indicators for Determining the Remuneration of the Board of                                            January - December 2024
                                                                          Remuneration
Commissioners, Board of Directors, Sharia Supervisory Board                                         Person              Nominal (IDR)
In determining the remuneration package, the Nomination and
                                                                      Honorarium                       10                15,099,884,161
Remuneration Committee has taken into account:
1. Financial performance.                                             Housing Allowance                 -                                 -

2. Fulfillment of the provision for asset write-offs.                 Transportation
                                                                                                       10                 2,849,577,548
3. Fairness with peer group.                                          Allowance

4. Consideration of BUS long-term targets and strategies.             Holiday Allowance                10                 1,176,070,000

                                                                      Post-Service Insurance           7                  6,237,244,490
Structure and Nominal Amount/Components of
                                                                      Health                            -                                 -
Remuneration for The Board of Directors and Board of
Commissioners                                                         Total                                              25,491,161,199


Remuneration policy and package are set by the Annual General
Meeting of Shareholders (AGMS) for the Board of Commissioners,
                                                                                               Board of Directors
the Board of Directors, and the Sharia Supervisory Board (DPS).
Remuneration policies and other facilities determined by the                                           January - December 2024
                                                                          Remuneration
GMS include, among others:                                                                           Person             Nominal (IDR)
1. Remuneration, income in the form of finance (non-kind),
                                                                      Salary                           10                30,108,298,387
    including salary, allowances (net), compensation in the form
    of shares, bonuses and other forms of remuneration.               Housing Allowance                10                 2,809,103,226

2. Other allowances, such as facilities received not in the form      Transportation
                                                                                                        -                                 -
    of finance (in kind) for the Board of Commissioners and the       Allowance

    Board of Directors, include:                                      Holiday Allowance                10                 2,472,600,000
    a. Holiday Allowance                                              Post-Service Insurance           6                 10,709,977,567
    b. Retirement Allowance
                                                                      Health                            -                                 -
    c. Housing and Utility Allowance
    d. Vehicle Facilities and Transportation Allowances               Total                                              46,099,979,180
    e. Health Facilities
    f. Club Membership and Professional Association
                                                                                          Sharia Supervisory Board
         Membership Facilities
    g. Communication Cost Facilities                                                                   January - December 2024
                                                                          Remuneration
    h. Non-Inventory Office Facilities                                                              Person              Nominal (IDR)
    i. Travel Facilities
                                                                      Honorarium                       5                 2,898,255,807
    j. Legal Aid Facilities
    k. Leave Permits                                                  Housing Allowance                 -                             -

3. Other allowances, namely facilities received that are not          Transportation
                                                                                                        -                             -
    in the form of finance (in kind) for the Sharia Supervisory       Allowance

    Board, include:                                                   Holiday Allowance                4                   259,940,000
    a. Holiday Allowance                                              Post-Service Insurance           4                 1,464,474,115
    b. Retirement Allowance
                                                                      Health                            -                             -
    c. Health Facilities
    d. Travel Facilities                                              Total                                              4,622,669,922




                                                                                                      PT Bank Syariah Indonesia Tbk
                                                                                                               2024 Annual Report
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GOVERNANCE




Board of Directors and Board of Commissioners Diversity Policy


The diversity policy for the Board of Directors, Board of          combination of individual characteristics that are determined
Commissioners, and Sharia Supervisory Board of the Bank            according to the Bank's needs, while still adhering to applicable
is regulated in the Bank's Articles of Association, where the      regulations.
requirements for the appointment of members of the Board of        These characteristic diversities are reflected in the determination
Directors, Board of Commissioners, and Sharia Supervisory Board    of expertise, knowledge, experience, age, gender, educational
include having knowledge and/or expertise in areas required        background, professional experience, integrity, dedication, and
by the Bank and must comply with applicable regulations in         understanding of Islamic banking, which are required for the
the fields of Islamic banking, capital markets, and state-owned    management and oversight tasks of the Bank.
enterprise subsidiaries.
The policy is implemented by the Bank with reference to:           In the nomination process for members of the Board of
1. OJK Regulation No. 33/POJK.04/2014 regarding the Board          Directors, Board of Commissioners, and Sharia Supervisory
    of Directors and Board of Commissioners of Issuers or Public   Board of the Bank, in providing recommendations to the
    Companies;                                                     Board of Commissioners, the Remuneration and Nomination
2. SEOJK No. 32/SEOJK.04/2015 regarding the Guidelines for         Committee of the Bank must identify and consider the diversity
    Good Corporate Governance of Public Companies, along           of characteristics required by the Bank. The proposals and/
    with its Attachments.                                          or recommendations are then submitted to the Shareholders
3. OJK Regulation No. 17 of 2023 regarding the Implementation      and the General Meeting of Shareholders (GMS). Specifically,
    of Governance for Commercial Banks;                            for candidates for members of the Sharia Supervisory Board of
4. SEOJK        No.     13/SEOJK.03/2017        regarding   the    the Bank, in addition to receiving recommendations from the
    Implementation of Governance for Commercial Banks;             Remuneration and Nomination Committee, they must also first
5. OJK Regulation No. 2 of 2024 regarding the Implementation       obtain recommendations from the National Sharia Council of the
    of Sharia Governance for Sharia Commercial Banks and           Indonesian Ulema Council.
    Sharia Business Units;
6. SEOJK        No.     15/SEOJK.03/2024        regarding   the    As stipulated in the 2024 MSMPG, the proposal for the
    Implementation of Sharia Governance for Sharia Commercial      appointment of candidates for the Board of Directors, Board
    Banks and Sharia Business Units;                               of Commissioners, and Sharia Supervisory Board of the Bank
7. Regulation of the Minister of State-Owned Enterprises of        to the GMS is submitted based on an agreement among
    the Republic of Indonesia Number PER-04/MBU/06/2020            the Shareholders, which is set forth in the Bank's Articles of
    regarding Amendments to the Regulation of the Minister         Association and/or Shareholders Agreement (SHA), while still
    of State-Owned Enterprises Number Per-03/Mbu/2012              taking into account the prevailing regulations, including those
    regarding the Guidelines for the Appointment of Board of       binding the Bank as a Subsidiary of a State-Owned Enterprise
    Directors and Board of Commissioners Members of State-         (SOE).
    Owned Enterprise Subsidiaries;
8. Regulation of the Minister of State-Owned Enterprises of        The current composition of the Board of Directors, Board of
    the Republic of Indonesia Number PER-3/MBU/03/2023             Commissioners, and Sharia Supervisory Board of the Bank has
    regarding the Organization and Human Resources of State-       met the aforementioned criteria, which includes diversity in terms
    Owned Enterprises; and                                         of age, gender representation for the Board of Commissioners
9. Mandiri Subsidiaries Management Principles Guideline            and Board of Directors, educational qualifications, and relevant
    (MSMPG) of 2024.                                               experience in accordance with the needs of the Bank.


The organization of the Board of Directors, Board of               The diversity of the composition of the Board of Directors based
Commissioners, and Sharia Supervisory Board of the Bank is a       on age, gender, education, work experience, and expertise is as
                                                                   follows.




     PT Bank Syariah Indonesia Tbk
372 2024 Annual Report
Page 375
Table of Board of Directors Composition Diversity
        Name                    Position            Age         Gender   Education                  Work Experience            Skill
                                                                         Bachelor of Business
                                                                         Administration                                  Finance and
                                                                                                    Have work
                                                                         Master of Finance and                           Accounting,
 Hery Gunardi             President director     62 Years Old    Male                               experience in
                                                                         Accounting                                      Business
                                                                                                    banking
                                                                         Doctor of Business                              Management
                                                                         Management
                                                                                                                         Accounting,
                                                                         Bachelor of Accounting     Have work
                          Deputy President                                                                               Finance,
 Bob Tyasika Ananta                              61 Years Old    Male    Master of Finance,         experience in
                          Director                                                                                       Business
                                                                         Business Administration    banking
                                                                                                                         Administration
                                                                         Bachelor of Agricultural
                                                                                                    Have work
                          Director of Retail                             Science, Field of Study
 Ngatari*                                        59 Years Old    Male                               experience in        Economy
                          Banking                                        Agriculture/Agricultural
                                                                                                    banking
                                                                         Product Processing
                                                                         Bachelor of Economics      Have work
 Harry Gusti              Director of Retail                                                                             Economic
                                                 56 Years Old   Female   Master of Agribusiness     experience in
 Utama**                  Banking                                                                                        management
                                                                         Management                 banking
                          Director of                                    Bachelor of Laws           Have work
 Tribuana
                          Compliance &           57 Years Old   Female   Notary Specialist          experience in        Law
 Tunggadewi
                          Human Capital                                  Master of Business Law     banking
                                                                         Bachelor of Social
                                                                         Economics of Animal
                                                                                                    Have work
                          Director of Sales &                            Husbandry
 Anton Sukarna                                   54 Years Old   Female                              experience in        Economy
                          Distribution                                   Master of Small and
                                                                                                    banking
                                                                         Medium Industry
                                                                         Development
                                                                         Bachelor of Accounting     Have work            Accounting,
                          Director of Finance
 Ade Cahyo Nugroho                               46 Years Old   Female   Master in Business         experience in        Business
                          & Strategy
                                                                         Administration             banking              Administration
                                                                         Bachelor of Economics
                          Director of                                                               Have work            Economics,
                                                                         & Development Studies
 Zaidan Novari            Wholesale              57 Years Old   Female                              experience in        Financial
                                                                         Master of Financial
                          Transaction Banking                                                       banking              Management
                                                                         Management
                                                                         Bachelor of Economics
                          Director of Treasury                                                      Have work
                                                                         & Development Studies
 Moh. Adib*               & International         59 Tahun      Female                              experience in        Management
                                                                         Master of Financial
                          Banking                                                                   banking
                                                                         Management
                                                                                                    Have work
                          Director of Treasury
                                                                         Bachelor of Economics      experience in
 Ari Rizaldi**            & International        54 Years Old   Female                                                   Accounting
                                                                         in Accounting              banking
                          Banking

 Saladin                  Director of                                                               Have work
                                                                         Bachelor of Engineering,                        Information
 Dharmanugraha            Information            50 Years Old   Female                              experience in
                                                                         Mechanical Engineering                          Technology
 Effendi                  Technology                                                                banking
                                                                         Bachelor of Engineering                         Business
                                                                                                    Have work
 Grandhis Helmi           Director of Risk                               Master of Business                              Administration-
                                                 43 Years Old   Female                              experience in
 Harumansyah              Management                                     Administration-                                 Strategic
                                                                                                    banking
                                                                         Strategic Management                            Management

* Resigned from office on May 17, 2024.
** Started his term on May 17, 2024.




                                                                                                      PT Bank Syariah Indonesia Tbk
                                                                                                               2024 Annual Report
                                                                                                                                       373
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CORPORATE
GOVERNANCE




The diversity of the composition of the Board of Commissioners in terms of age, gender, education, work experience, and expertise is
as follows.


Table of Board of Commissioners Composition Diversity
        Name                    Position                  Age           Gender       Education          Work Experience            Skill
                                                                                 Bachelor of
                          President                                                                     Have work
                                                                                 Economics,
 Muliaman                 Commissioner                                                                  experience in       Economics, Public
                                                                                 Development Studies
 Dharmansyah              concurrently             64 Years Old          Male                           the financial and   Administration,
                                                                                 Master of Public
 Hadad                    Independent                                                                   banking sector      Finance
                                                                                 Administration
                          Commissioner
                                                                                 Doctor of Philosophy
                                                                                 Economic Engineer
                          Deputy President                                       Bachelor of            Have work
                          Commissioner                                           Economics              experience in
 Adiwarman Azwar                                                                                                            Economics, Business
                          concurrently             61 Years Old          Male    Master of Business     the financial and
 Karim                                                                                                                      Administration
                          Independent                                            Administration         banking sector
                          Commissioner                                           Master of Economics
                                                                                 and Economic Policy
                                                                                 Bachelor of Arabic     Have work
                                                                                 Literature             experience in
 Masduki Baidlowi         Commissioner             66 Years Old          Male                                               Law, Finance
                                                                                 Bachelor of            government and
                                                                                 Education              banking
                                                                                 Bachelor of
                                                                                 Development Studies
                                                                                 Master of Defense
                                                                                                        Have work
                                                                                 Strategy Universal                         Islamic Banking,
 Suyanto                  Commissioner              62 Years Old         Male                           experience in
                                                                                 War                                        Finance
                                                                                                        government
                                                                                 Doctor of
                                                                                 Economics-Strategic
                                                                                 Management
                                                                                 Bachelor of Sharia/
                                                                                                        Have work
                                                                                 Islamic Civil Law                          Law, Banking,
 Abu Rokhmad              Commissioner              48 Years Old         Male                           experience in
                                                                                 Master of Religion                         Finance
                                                                                                        education
                                                                                 Doctor of Law
                                                                                 Bachelor of
                                                                                                        Have work
                                                                                 Economics
 Imam Budi Sarjito*       Commissioner              65 Years Old         Male                           experience in       Economy, Banking
                                                                                 Master of Economics
                                                                                                        banking
                                                                                 Doctor of Economics
                                                                                                        Have work
                                                                                 Bachelor of                                Administration,
 Sutanto*                 Commissioner              61 Years Old         Male                           experience in
                                                                                 Administration                             Banking
                                                                                                        banking
                                                                                                        Have work
                                                                                 Bachelor of                                Management,
 Fauzi**                  Commissioner              57 Years Old         Male                           experience in
                                                                                 Management                                 Banking
                                                                                                        banking
 Nazaruddin**             Commissioner              56 Years Old         Male                                               Management
                                                                                 Bachelor of
                                                                                 Ushuluddin             Have work
                          Independent                                            Master of Philosophy   experience in       Education,
 Komaruddin Hidayat                                 71 Years Old         Male
                          Commissioner                                           Doctor of Philosophy   education and       Philosophy
                                                                                 Post-Doctorate         banking
                                                                                 Research Program
                                                                                 Bachelor of
                                                                                 Accounting             Have work
                                                                                 Master of Science in   experience in
                          Independent
 Mohamad Nasir                                      64 Tahun             Male    Accounting             government,         Accounting, Banking
                          Commissioner
                                                                                 Doctor of              education and
                                                                                 Philosophy (Ph.D) in   banking
                                                                                 Accounting
                                                                                                        Have work
 Felicitas                Independent                                            Bachelor of
                                                    65 Tahun            Female                          experience in the   Management
 Tallulembang**           Commissioner                                           Medicine
                                                                                                        health sector

* Stopped serving on May 17, 2024
** Started serving on May 17, 2024 and effective on December 10, 2024




       PT Bank Syariah Indonesia Tbk
374 2024 Annual Report
Page 377
Transparency of Share Ownership of The Board of Directors, Board of Commissioners,
and Sharia Supervisory Board

Share Ownership of Members of The Board of Directors, Board of Commissioners,
and Sharia Supervisory Board

The Board of Directors and Board of Commissioners are required to disclose their share ownership of 5% (five percent) or more, both in
the Bank and in other companies domiciled in Indonesia and abroad.


Board of Directors' Share Ownership of More Than 5%


                                                                                       Share Ownership
        Name                   Position                                                          Non-Bank Financial
                                                             BSI              Other Banks                               Other Companies
                                                                                                    Institutions
 Hery Gunardi         President Director               3,354,400 sheets            -                     -                       -
 Bob Tyasika Ananta   Deputy President Director        1,134,400 sheets            -                     -                       -
 Ngatari*             Director of Retail Banking              -                    -                     -                       -
 Harry Gusti
                      Director of Retail Banking             Nil                   -                     -                       -
 Utama**
 Tribuana             Director of Compliance &
                                                          2.280.100                -                     -                       -
 Tunggadewi           Human Capital
                      Director of Sales &
 Anton Sukarna                                            2.280.100                -                     -                       -
                      Distribution
                      Director of Finance &
 Ade Cahyo Nugroho                                        2.280.100                -                     -                       -
                      Strategy
                      Director of Wholesale
 Zaidan Novari                                            1.071.400                -                     -                       -
                      Transaction Banking
                      Director of Treasury &
 Moh. Adib*                                                13.400                  -                     -                       -
                      International Banking
                      Director of Treasury &
 Ari Rizaldi**                                                -                    -                     -                       -
                      International Banking
 Saladin
                      Director of Information
 Dharmanugraha                                             343.100                 -                     -                       -
                      Technology
 Effendi
 Grandhis Helmi       Director of Risk
                                                           343.100                 -                     -                       -
 Harumansyah          Management



Board of Commissioners' Share Ownership of More Than 5%


                                                                                       Share Ownership
        Name                   Position                                                          Non-Bank Financial
                                                             BSI              Other Banks                               Other Companies
                                                                                                    Institutions
 Muliaman
                      President Commissioner
 Dharmansyah                                       -                      -                  -                          -
                      concurrently Independent
 Hadad
                      Deputy President
 Adiwarman Azwar
                      Commissioner concurrently    -                      -                  -                          -
 Karim
                      Independent
 Masduki Baidlowi     Commissioner                 1,086,400 Sheets       -                  -                          -
 Suyanto              Commissioner                 1,086,400 Sheets       -                  -                          -
 Abu Rokhmad          Commissioner                 163,500 Sheets
 Imam Budi Sarjito*   Commissioner                 -                      -                  -                          -




                                                                                                         PT Bank Syariah Indonesia Tbk
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CORPORATE
GOVERNANCE




                                                                                                 Share Ownership
        Name                         Position                                                              Non-Bank Financial
                                                                       BSI            Other Banks                                  Other Companies
                                                                                                              Institutions
 Sutanto*                 Commissioner                      -                     -                    -                           -
 Fauzi**                  Commissioner                      115,000 Sheets        -                    -                           -
 Nazaruddin**             Commissioner                      -                     -                    -                           -
 Komaruddin Hidayat       Independent Commissioner          -                     -                    -                           -
 Mohamad Nasir            Independent Commissioner          -                     -                    -                           -
 Felicitas
                          Independent Commissioner          -                     -                    -                           -
 Tallulembang**

*Stopped serving on May 17, 2024
*Started serving on May 17, 2024 and effective on December 10, 2024



Sharia Supervisory Board’s Share Ownership of More than 5%


                                                                                                 Share Ownership
        Name                         Position                                                              Non-Bank Financial
                                                                       BSI            Other Banks                                  Other Companies
                                                                                                              Institutions
 Dr. KH. Hasanudin,
                                     Chairman                            -                 -                        -                     -
 M.Ag
 Dr. H. Mohamad
                                     Member                              -                 -                        -                     -
 Hidayat
 Dr. H. Oni Sahroni,
                                     Member                              -                 -                        -                     -
 MA
 Prof. Dr. Jaih
 Mubarak, SE, MH.                    Member                              -                 -                        -                     -
 M.Ag
 Dr. KH. Abdul
 Ghofur Maimoen,                     Member                              -                 -                        -                     -
 M.A.



Purchase/Sale of Shares of the Board of Commissioners and Directors

Transactions of share ownership of the Board of Directors and Board of Commissioners of the Bank including the submission of reports
to the Regulator refer to Financial Services Authority Regulation No. 4 of 2024 concerning the Report of Ownership or Any Change in
Ownership of Public Shares and Reports on Activities of Pledge of Shares of Public Companies. Members of the Board of Directors or
members of the Board of Commissioners who own shares with voting rights either directly or indirectly are required to submit a report
on ownership of voting rights over shares and any changes in ownership of voting rights over shares of the Public Company to the
Financial Services Authority.


Submission of ownership reports or any changes in Bank share ownership must be submitted to the Financial Services Authority through
an electronic system. Submission of reports must be made immediately no later than 3 (three) working days since the occurrence of
voting rights ownership of shares or any changes in voting rights ownership of Bank shares


                                             Number
                                                                  Purchase
                                             of Shares                           Transaction                                           Ownership
      Name                Position                                Price per                            Purpose of Transaction
                                            purchased/                              Date                                                Status
                                                                   share
                                                sold
                                                                                 February 21,                                          Direct
                                               167.000                IDR2.400                    Investment
                                                                                    2024                                               Ownership

                       President                                                                  In order to comply with OJK
 Hery Gunardi                                                                                     Regulation No.59/POJK.03/2017,
                       director                                                  September 26,                                         Direct
                                               976.800          IDR3.071,2408                     these shares are suspended/blocked
                                                                                     2024                                              Ownership
                                                                                                  for 3 (three) years and will be
                                                                                                  unblocked gradually every year.




       PT Bank Syariah Indonesia Tbk
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                                     Number
                                                   Purchase
                                     of Shares                   Transaction                                            Ownership
    Name            Position                       Price per                          Purpose of Transaction
                                    purchased/                      Date                                                 Status
                                                    share
                                        sold
                                                                                 In order to comply with OJK
                 Deputy                                                          Regulation No.59/POJK.03/2017,
Bob Tyasika                                                      September 26,                                         Direct
                 President           586.000     IDR3.071,2408                   these shares are suspended/blocked
Ananta                                                               2024                                              Ownership
                 Director                                                        for 3 (three) years and will be
                                                                                 unblocked gradually every year.
                                                                                 In order to comply with OJK
                 Director of                                                     Regulation No.59/POJK.03/2017,
Tribuana                                                         September 26,                                         Direct
                 Compliance &        553.500     IDR3.071,2408                   these shares are suspended/blocked
Tunggadewi                                                           2024                                              Ownership
                 Human Capital                                                   for 3 (three) years and will be
                                                                                 unblocked gradually every year.
                                                                                 In order to comply with OJK
                 Director                                                        Regulation No.59/POJK.03/2017,
                                                                 September 26,                                         Direct
Anton Sukarna    of Sales &          553.500     IDR3.071,2408                   these shares are suspended/blocked
                                                                     2024                                              Ownership
                 Distribution                                                    for 3 (three) years and will be
                                                                                 unblocked gradually every year.
                                                                                 In order to comply with OJK
                 Director of                                                     Regulation No.59/POJK.03/2017,
Ade Cahyo                                                        September 26,                                         Direct
                 Finance &           553.500     IDR3.071,2408                   these shares are suspended/blocked
Nugroho                                                              2024                                              Ownership
                 Strategy                                                        for 3 (three) years and will be
                                                                                 unblocked gradually every year.
                                                                                 In order to comply with OJK
                 Director of
                                                                                 Regulation No.59/POJK.03/2017,
                 Wholesale                                       September 26,                                         Direct
Zaidan Novari                        553.500     IDR3.071,2408                   these shares are suspended/blocked
                 Transaction                                         2024                                              Ownership
                                                                                 for 3 (three) years and will be
                 Banking
                                                                                 unblocked gradually every year.
                                                                                 In order to comply with OJK
Saladin          Director of                                                     Regulation No.59/POJK.03/2017,
                                                                 September 26,                                         Direct
Dharmanugraha    Information         343.100     IDR3.071,2408                   these shares are suspended/blocked
                                                                     2024                                              Ownership
Effendi          Technology                                                      for 3 (three) years and will be
                                                                                 unblocked gradually every year.
                                                                                 In order to comply with OJK
                                                                                 Regulation No.59/POJK.03/2017,
Grandhis Helmi   Director of Risk                                September 26,                                         Direct
                                     343.100     IDR3.071,2408                   these shares are suspended/blocked
Harumansyah      Management                                          2024                                              Ownership
                                                                                 for 3 (three) years and will be
                                                                                 unblocked gradually every year.
                                                                                 In order to comply with OJK
                                                                                 Regulation No.59/POJK.03/2017,
Masduki                                                          September 26,                                         Direct
                 Commissioner        263.700     Rp3.071,2408                    these shares are suspended/blocked
Baidlowi                                                             2024                                              Ownership
                                                                                 for 3 (three) years and will be
                                                                                 unblocked gradually every year.
                                                                                 In order to comply with OJK
                                                                                 Regulation No.59/POJK.03/2017,
                                                                 September 26,                                         Direct
Suyanto          Commissioner        263.700     IDR3.071,2408                   these shares are suspended/blocked
                                                                     2024                                              Ownership
                                                                                 for 3 (three) years and will be
                                                                                 unblocked gradually every year.
                                                                                 In order to comply with OJK
                                                                                 Regulation No.59/POJK.03/2017,
                                                                 September 26,                                         Direct
Abu Rokhmad      Commissioner        263.700     IDR3.071,2408                   these shares are suspended/blocked
                                                                     2024                                              Ownership
                                                                                 for 3 (three) years and will be
                                                                                 unblocked gradually every year.




                                                                                                   PT Bank Syariah Indonesia Tbk
                                                                                                            2024 Annual Report
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CORPORATE
GOVERNANCE




Committees under The Board of Commissioners                                c. Monitoring and evaluating the conformity of audit
                                                                              implementation and financial reporting with applicable
Audit Committee                                                               standards.
                                                                          d. Reporting the monitoring results and providing input that
The Audit Committee is an organ under the Board of                            needs to be considered by the Board of Commissioners.
Commissioners, The establishment of the Audit Committee                4. Internal Audit:
aims to assist the Board of Commissioners with its oversight              a. Monitoring and evaluating of the implementation of the
duties, especially those related to financial information, the                Internal Audit Unit's duties.
internal control system, the effectiveness of audits by internal          b. Evaluating the annual work plan of the Internal Audit
and external auditors, the effectiveness of risk management                   Unit and significant findings from the audit results.
implementation (together with the Risk Monitoring Committee),             c. Conducting meetings with the Internal Audit Unit to
and compliance with applicable laws and regulations.                          discuss audit findings and provide input.
                                                                          d. Requesting assistance from the Internal Audit Unit to
Duties and Responsibilities of The Audit Committee                            conduct special investigations regarding violations of
                                                                              laws and regulations.
Based on the Audit Committee Charter issued through the Decree         5. External Audit:
of the Board of Commissioners of PT Bank Syariah Indonesia                a. Providing recommendations regarding the appointment
Tbk No. 04/KEP-KOM/002/2024 concerning the Guidelines                         of Public Accountants (AP) and Public Accounting Firms
and Work Procedures (Charter) of the Audit Committee of PT                    (KAP) who will audit BSI's financial reports to the Board
Bank Syariah Indonesia Tbk dated July 1, 2024, the duties and                 of Commissioners to be submitted to the GMS.
responsibilities of the Audit Committee are described as follows:         b. Evaluating of the implementation of audit services
1. Financial statements:                                                      provided by AP and/or KAP, including compliance with
    a. Studying the BSI Work Plan and Budget in depth as well                 audit standards, adequacy of work time, and assessment
        as the BSI Long Term Plan.                                            of service coverage.
    b. Studying interim and annual financial reports, both
        audited and unaudited.                                         Meanwhile, the Chairman of the Audit Committee is tasked and
    c. Studying significant changes in figures/values in Balance       responsible for:
        Sheet and Profit/Loss items.                                   1. Determining the annual work plan.
    d. Studying Other Assets and Other Liabilities items.              2. Making reports on Committee activities and matters that
    e. Studying the work plan and budget realization report,               require the attention of the Board of Commissioners.
        and examining items that have significant differences.         3. Appointing a non-Board of Commissioners Audit Committee
    f. Conducting meetings with related business units and                 member or other third party as the Committee secretary
        external auditors to request additional information and            to record Committee Meetings and prepare Committee
        clarification.                                                     Meeting Minutes.
    g. Reporting the monitoring results and providing input            4. Attending meetings.
        on matters that require the attention of the Board of          5. Taking an active role and contributing to every committee
        Commissioners.                                                     meeting activity.
2. Internal Control:
    a. Monitoring and evaluating the adequacy and                      In addition, Audit Committee Members are tasked and
        effectiveness of the internal control system.                  responsible for:
    b. Ensuring that BSI has a standard internal control system        1. Studying the meeting material first.
        and complies with applicable practices.                        2. Attending meetings, taking an active role, and contributing
    c. Assessing the results of the audits of the Internal Audit           to every Committee meeting activity.
        Unit and External Auditors.
    d. Monitoring and evaluating the Board of Directors' follow-       As stated in the Audit Committee charter update, Audit
        up on internal audit findings and other external parties.      Committee members are required to monitor and evaluate the
    e. Reporting the monitoring results and providing input that       following matters:
        needs to be considered by the Board of Commissioners.          1. Audit Planning and Execution:
3. Compliance:                                                              Monitoring the follow-up of audit results to assess the
    a. Monitoring and evaluating of BSI's compliance with                   adequacy of internal control, including the financial reporting
        regulations in the Capital Market sector, Financial Services        process.
        Authority regulations, and other related regulations.          2. Internal Control Evaluation:
    b. Studying reports on the results of audits of compliance              Evaluating the adequacy of internal control at BSI.
        with internal and external regulations.




      PT Bank Syariah Indonesia Tbk
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Page 381
3. Financial Information Review:                                      5. Provide opinions to the Board of Commissioners regarding
   Reviewing financial information to be released by BSI to the          the Financial Report and/or other matters submitted by the
   public and/or authorities, including financial statements and         Board of Directors.
   related reports.                                                   6. Carry out other authorities granted by the Board of
4. Compliance with Regulations:                                          Commissioners.
   Reviewing the compliance with laws and regulations relating
   to BSI activities.                                                 Audit Committee Charter
5. Independent Opinion:
   Provision of independent opinion if there is a difference of       The Company's Audit Committee has a Charter issued through
   opinion between management and the Public Accountant.              the Decree of the Board of Commissioners of PT Bank Syariah
6. Recommendation on Appointment of Public Accounting Firm:           Indonesia Tbk No. 04/KEP-KOM/002/2024 concerning the
   Recommendation to the Board of Commissioners regarding             guidelines and work rules (charter) of the Audit Committee of
   the appointment of Public Accounting Firm based on                 PT Bank Syariah Indonesia Tbk dated July 1, 2024, which is
   independence, scope of assignment, and service fees.               an update of the previous Audit Committee Charter (Number
7. Audit by Internal Auditor:                                         01/003-SKB/Dirkom dated February 1, 2021 concerning
   Reviewing the implementation of audit by internal auditors         the Determination of Guidelines and Work Rules of the Audit
   and supervising the implementation of follow-up actions by         Committee of PT Bank Syariah Indonesia Tbk.).
   the Board of Directors on internal auditor findings.
8. Accounting and Financial Reporting Complaints:                     This charter offers reference for carrying out audit duties and
   Reviewing complaints relating to BSI's accounting and              responsibilities in a transparent, competent, objective and
   financial reporting processes.                                     independent manner to make it accountable and acceptable
9. Potential Conflict of Interest:                                    to all interested parties. The contents of the Audit Committee
   Reviewing and providing advice to the Board of Commissioners       Charter generally include:
   regarding potential conflicts of interest of BSI.                  1. General objective of establishing the Audit Committee
                                                                      2. Authority
Authority of The Audit Committee                                      3. Membership
                                                                      4. Membership Criteria
The Audit Committee is authorized to:                                 5. Duties and Responsibilities
1. Communicate with the Head of Business Unit and other               6. Employment Relations
   parties at BSI as well as the Public Accounting Firm that          7. Meeting
   audits BSI to obtain information, clarification and request        8. Reporting
   the necessary documents and reports.                               9. Term of Office and Compensation
2. Request reports on the results of internal auditors and external   10. Bank Confidentiality
   auditors and other supervisory/ inspection institutions.           11. Closing
3. Request internal auditors and/or external auditors to make
   special inspections/investigations on strong presumptions          Term of Office of The Audit Committee
   that frauds, legal violations or violations of applicable laws
   and regulations have been committed.                               The term of office of Audit Committee members who come
4. Access records or information about employees, funds, assets       from Independent Non-Commissioner Parties is a maximum of
   and other company resources related to the implementation          3 (three) years and can be extended 1 (one) time for a 2 (two)
   of their duties.                                                   year term of office without reducing the right of the Board of
                                                                      Commissioners to dismiss at any time.




                                                                                                   PT Bank Syariah Indonesia Tbk
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GOVERNANCE




Structure, Membership, and Expertise of The Audit Committee


         Name                               Position                                  Information                                Skill
 Mohamad Nasir                              Member                Independent Commissioner                          Accounting, Banking
                                                                                                                    Economics, Public
 Muliaman D. Hadad                          Member                President Commissioner/Independent Commissioner
                                                                                                                    Administration, Finance
                                                                  Deputy President Commissioner/Independent         Economics, Business
 Adiwarman A. Karim                         Member
                                                                  Commissioner                                      Administration
 Komaruddin Hidayat                         Member                Independent Commissioner                          Education, Philosophy
 Felicitas
                                            Member                Independent Commissioner                          Management
 Tallulembang*
 M. Zacky Thayib**                          Member                Independent Party                                 Accounting, Management
 M. Gunawan Yasni***                        Member                Independent Party                                 Accounting, Finance
 Suharto****                                Member                Independent Party                                 Accounting
 Rahmatina Awaliah
                                            Member                Independent Party                                 Islamic Economics, Finance
 Kasri*

*    Resigned from office on 19 February 2024
*** Resigned from office on March 5, 2024
**** Starting his term on February 19, 2024
*    Starting from May 31, 2024


Audit Committee Profile

The Audit Committee profile as of December 31, 2024 is as follows.


                                                             Mohamad Nasir
                             Chairman (Concurrently Member) of the Audit Committee/Independent Commissioner
 The profile can be seen in the Board of Commissioners Profile section in this Annual Report.
 Period and Term of Office: Following the Term of Office of the Board of Commissioners



                                                           Muliaman D. Hadad
                                Audit Committee Member/ President Commissioner/ Independent Commissioner
 The profile can be seen in the Board of Commissioners Profile section in this Annual Report.
 Period and Term of Office: Following the Term of Office of the Board of Commissioners



                                                       Adiwarman A. Karim
                           Audit Committee Member/Deputy President Commissioner/Independent Commissioner
 The profile can be seen in the Board of Commissioners Profile section in this Annual Report.
 Period and Term of Office: Following the Term of Office of the Board of Commissioners



                                                               Komaruddin Hidayat
                                                Audit Committee Member/Independent Commissioner
 The profile can be seen in the Board of Commissioners Profile section in this Annual Report.
 Period and Term of Office: Following the Term of Office of the Board of Commissioners



                                                              Felicitas Tallulembang
                                                Audit Committee Member/Independent Commissioner
 The profile can be seen in the Board of Commissioners Profile section in this Annual Report.
 Period and Term of Office: Following the Term of Office of the Board of Commissioners




       PT Bank Syariah Indonesia Tbk
380 2024 Annual Report
Page 383
                                 Suharto
                                 Audit Committee Member/Independent Party


                                 Indramayu, March 20, 1966/Age 58 years as of December 2024




                                 Educational Background
Indonesian Citizens
                                 • D3 Accounting, Padjadjaran University (1988)
                                 • Bachelor's Degree in Accounting, STIE Jagakarsa (1996)
                                 • Masters in Management in Business, IPB University (2021)
58 Years Old

                                 Certification
Domiciled in Bogor, West Java,   • Certification in Audit Committee Practices
Indonesia                        • Banking Risk Management Level VI - Sharia Financial Professional Certification
                                   Institute.
                                 • Banking Risk Management Level IV - Banking Certification Institute.
Legal Basis of Appointment       • General Banking General Banking Level III, Banking Professional Certification
                                   Institute. 2016.
Fixed Term Employment            • Bank Staff and Leadership School (SESPIBANK) Class of 65, Indonesian Banking
Agreement No. 04/014/HCP-          Development Institute (LPPI). 2016.
PKWT dated February 6, 2024      • Certified Bank Auditor (CBA), Bank Administration Institute (BAI)
                                 • Certified Fraud Examiners (CFE) - Association Certification Fraud Examiners (ACFE)
                                 • Qualified Internal Auditor (QIA) - Internal Auditor Development Foundation (YPIA)



                                 Work Experience
                                 • Audit Manager Retail Banking Audit, PT Bank Mandiri (Persero), Tbk. (2020-2022)
                                 • Group Head Internal Audit, PT Bank Syariah Mandiri. (2017-2020)
                                 • Audit Manager Distribution Audit, PT Bank Mandiri (Persero), Tbk. (2015-2017)
                                 • Audit Manager REB IV Makassar, PT Bank Mandiri (Persero), Tbk. (2012-2015)
                                 • Department Head Audit Development, PT Bank Mandiri (Persero), Tbk. (2010-
                                   2012)



                                 Period and Term of Office
                                 First Period: February 6, 2024 – February 6, 2026



                                 Concurrent Positions
                                 -




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CORPORATE
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                                        Rahmatina Awaliah Kasri
                                        Audit Committee Member/Independent Party


                                        Padang, May 12, 1980/Age 44 years as of December 2024




                                        Educational Background
       Indonesian Citizens
                                        • Bachelor of Economics, Universitas Indonesia, Indonesia (2002)
                                        • Post Graduate Diploma, Australian National University, Australia (2004)
                                        • Master of International and Development Economics, Australian National University,
       44 Years Old                       Australia (2005)
                                        • Master of Business Administration in Islamic Banking and Finance, International
                                          Islamic University of Malaysia, Malaysia (2008)
                                        • Doctor of Philosophy in Islamic Economic and Finance, University of Durham,
       Domiciled in Depok, West Java,
                                          United Kingdom (2015))
       Indonesia


                                        Certification
       Legal Basis of Appointment
                                        • Certificate of Workplace Assessor - Financial Sector Indonesian Professional
                                          Certification Authority (Badan Nasional Sertifikasi Profesi or BNSP)
       Fixed Term Employment
       Agreement No. 04/135/HCP-        • Certificate of Islamic Banking Risk Management - Level 1 Indonesian Professional
       PKWT dated June 26, 2024           Certification Authority (Badan Nasional Sertifikasi Profesi or BNSP)
                                        • Certificate of Professional Lecturer – Islamic Economics Ministry of Research,
                                          Technology and Higher of Indonesia

                                        Work Experience
                                        • Director, Center for Islamic Economics and Business, Faculty of Economics and
                                          Business – Universitas Indonesia (2018 – present)
                                        • Head of Quality Management Unit, Sharia Financial Professional Certification
                                          Institute (LSP Keuangan Syariah) (2022 – 2023)
                                        • Director, Islamic Economics Undergraduate Program, Faculty of Economics and
                                          Business – Universitas Indonesia (2015 – 2018)
                                        • Senior Researcher, Center for Islamic Economics and Business, Faculty of Economics
                                          and Business – Universitas Indonesia (2008 – sekarang)
                                        • Lecturer/Researcher, Faculty of Economics and Business, Universitas Indonesia
                                          (2002 – present)



                                        Period and Term of Office
                                        First Period: July 1, 2024 – June 30, 2025



                                        Concurrent Positions
                                        • Senior Researcher, Center for Islamic Economics and Business, Faculty of Economics
                                          and Business – University of Indonesia (2008 – present)
                                        • Lecturer/Researcher, Faculty of Economics and Business, University of Indonesia
                                          (2002 – present)
                                        • Director, Center for Islamic Economics and Business, Faculty of Economics and
                                          Business – University of Indonesia (2018 – present)



     PT Bank Syariah Indonesia Tbk
382 2024 Annual Report
Page 385
Audit Committee Educational Qualifications and Work Experience

Table of Educational Qualifications and Work Experience of the Audit Committee
           Name                             Position                              Education                                 Work experience
                                                                  •   Bachelor of Usuludin
                                 Chairman (Concurrently                                                          Have work experience in government,
 Mohamad Nasir                                                    •   Master of Philosophy
                                 Member)                                                                         education and banking
                                                                  •   Doctor of Philosophy
                                                                  •   Bachelor of Economics
                                                                                                                 Have experience in the financial and
 Muliaman D. Hadad               Member                           •   Master of Public Administration
                                                                                                                 banking sector
                                                                  •   Doctor of Philosophy
                                                                  •   Bachelor of Agricultural Economics
                                                                  •   Bachelor of Economics
                                                                  •   Master of Business Administration in       Have experience in the financial and
 Adiwarman A. Karim              Member
                                                                      General Management                         banking sector
                                                                  •   Master of Arts in Economics and
                                                                      Economics Policy
                                                                  •   Bachelor of Accounting
                                                                                                                 Have experience in the financial and
 Komaruddin Hidayat              Member                           •   Master of Accounting
                                                                                                                 banking sector
                                                                  •   Doctor of Accounting
 Felicitas Tallulembang          Member                           Bachelor of Medicine                           Have experience in the health sector
                                                                  •   Diploma III Accounting
 Suharto                         Member                           •   Bachelor of Accounting                     Have experience in banking
                                                                  •   Master of Management In Business
                                                                  •   Bachelor of Economics
                                                                  •   Post Graduate Diploma
                                                                  •   Master of International and Development
                                                                      Economics
 Rahmatina Awaliah Kasri         Member                                                                          Have experience in the field of education
                                                                  •   Master of Business Administration in
                                                                      Islamic Banking and Finance
                                                                  •   Doctor of Philosophy in Islamic Economic
                                                                      and Finance



Independence of The Audit Committee

The Audit Committee conducts its functions and duties professionally and independently, without interference from any party that
is not in accordance with laws and regulations. Based on the Audit Committee Charter, the independence qualifications of the Audit
Committee members must meet the following criteria:


Table of Audit Committee Independence
                                                                                                                                              Rahmatina
                                   Mohamad             Muliaman       Adiwarman          Komaruddin        Felicitas
  Independence Aspect                                                                                                         Suharto          Awaliah
                                    Nasir              D. Hadad        A. Karim            Hidayat       Tallulembang
                                                                                                                                                Kasri
 Has no financial
 relationship with the
                                        √                 √                √                   √                 √                √                √
 Board of Commissioners
 and Directors
 Has no management
 relationships in the
                                        √                 √                √                   √                 √                √                √
 company, subsidiaries or
 affiliated companies
 Has no share ownership
 relationship in the                    √                 √                √                   √                 √                √                √
 company
 Has no family relationship
 with the Board of
 Commissioners, Directors,              √                 √                √                   √                 √                √                √
 and/or fellow members of
 the Audit Committee
 Not serving as a political
 party administrator, official          √                 √                √                   √                 √                √                √
 or government official




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Training and/or Competency Development of Audit Committee In 2024


                                                        Types of Training and
                                                                                             Time and Place of
       Name                    Position                Development Materials                                                 Organizer
                                                                                              Implementation
                                                        Competence/Training
 Mohamad Nasir        Chairman (Concurrently     Education and/or Training can be seen in the education and/or training section of the
                      Member)                    Members of the Board of Commissioners.
                                                 Education and/or Training can be seen in the education and/or training section of the
 Muliaman D. Hadad    Member
                                                 Members of the Board of Commissioners.
                                                 Education and/or Training can be seen in the education and/or training section of the
 Adiwarman A. Karim   Member
                                                 Members of the Board of Commissioners.
                                                 Education and/or Training can be seen in the education and/or training section of the
 Komaruddin Hidayat   Member
                                                 Members of the Board of Commissioners.
 Felicitas                                       Education and/or Training can be seen in the education and/or training section of the
                      Member
 Tallulembang                                    Members of the Board of Commissioners.
                                                 Top Executive Learning Program
                                                                                          Jakarta/Monday,             Bank Syariah Indonesia
                                                 (TELP) - Series II 2024
                                                                                          February 26, 2024           University
                                                 Theme: Leadership Transformation
                                                 One Day Workshop for Commissioners
                                                                                          Jakarta/ Monday, March      Bank Syariah Indonesia
                                                 & Commissioners' Apparatus of PT
                                                                                          4, 2024                     University and IBI
                                                 Bank Syariah Indonesia, Tbk
 Suharto              Member                     Equalization of BSMR Level VI
                                                                                          Jakarta/ June 21, 2024      ASBISINDO
                                                 Certification
                                                 Risk Management Certification Level
                                                                                          Jakarta/ June 28, 2024      LSPKS
                                                 VI
                                                                                                                      IKAI Indonesian
                                                 Certification in Audit Committee         Jakarta/ August 6-8,
                                                                                                                      Institute of Audit
                                                 Practices Review Course Batch XLIV.      2024
                                                                                                                      Committee
                                                 Provision for Risk Management
                                                                                          Jakarta/July 11-12, 2024    ASBISINDO
                                                 Certification Level IV
                                                 Risk Management Certification Level
                                                                                          Jakarta/August 5, 2024      LSPKS
                                                 IV
                                                 Certification in Audit Committee         Jakarta/August 6-8,         Indonesian Institute of
                                                 Practices Review Course Batch XLIV.      2024                        Audit Committee (IKAI)

 Rahmatina Awaliah                                                                                                    National Center for
                      Member                     Global Reporting Initiative (GRI)        Jakarta/September 3-5,
 Kasri                                                                                                                Corporate Reporting
                                                 Certified Training Course                2024
                                                                                                                      (NCCR)
                                                                                                                      National Center for
                                                 Certification in Global Reporting        Jakarta/September 15,
                                                                                                                      Corporate Reporting
                                                 Initiative (GRI)                         2024
                                                                                                                      (NCCR)
                                                 Top Executive Learning Program                                       National Center for
                                                                                          Jakarta/December 17,
                                                 (TELP) - December 2024                                               Corporate Reporting
                                                                                          2024
                                                 Theme: Execution Matters                                             (NCCR)


Audit Committee Meeting

AUDIT COMMITTEE MEETING POLICY


Based on the Audit Committee Charter, the Audit Committee Meeting Policy includes:
1. The Audit Committee holds regular meetings at least 1 (one) time in 1 (one) month.
2. Audit Committee meetings can be held if attended by more than 1/2 (one half) of the number of members.
3. Audit Committee meeting decisions are taken based on deliberation to reach consensus.
4. In case a consensus is not reached as intended, decision-making will be based on a majority vote.
5. The meeting is chaired by the Chairman of the Audit Committee or another Committee Member who is an Independent Commissioner,
   if the Chairman of the Audit Committee is unable to attend.
6. Every Audit Committee meeting is recorded in the minutes of the meeting, including if there are differences of opinion, which are
   signed by all members of the Audit Committee present and submitted to the Board of Commissioners.
7. Meetings can be held face-to-face or via teleconference or other media that allows all Committee Meeting participants to see and
   hear each other directly and participate in the meeting.




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AUDIT COMMITTEE MEETING AGENDA


Throughout 2024, the dates, agendas and participants of the Audit Committee meetings were as follows.


Table of Audit Committee Meeting Agenda
 No.         Meeting Date                                      Meeting Agenda                                   Meeting participants
                                                                                                            •    Mohamad Nasir
                                                                                                            •    Muliaman D. Hadad
                                                                                                            •    Adiwarman A. Karim
  1.   January 16, 2024           PwC : Clearance Meeting
                                                                                                            •    Komaruddin Hidayat
                                                                                                            •    M. Zacky Thayib
                                                                                                            •    M. Gunawan Yasni
                                                                                                            •    Mohamad Nasir
                                                                                                            •    Muliaman D. Hadad
                                                                                                            •    Adiwarman A. Karim
  2.   January 16, 2024           Publication Report for Quarter IV of 2023
                                                                                                            •    Komaruddin Hidayat
                                                                                                            •    M. Zacky Thayib
                                                                                                            •    M. Gunawan Yasni
                                                                                                            •    Mohamad Nasir
                                                                                                            •    Muliaman D. Hadad
                                                                                                            •    Adiwarman A. Karim
  3.   January 18, 2024           Report of Audit Realization for Quarter IV of 2023
                                                                                                            •    Komaruddin Hidayat
                                                                                                            •    M. Zacky Thayib
                                                                                                            •    M. Gunawan Yasni
                                                                                                            •    Mohamad Nasir
                                                                                                            •    Muliaman D. Hadad
                                  Update on IT Development Progress for Quarter IV of 2023 (Rescheduled     •    Adiwarman A. Karim
  4.   March 07, 2024
                                  from previous schedule February 29)                                       •    Komaruddin Hidayat
                                                                                                            •    M. Zacky Thayib
                                                                                                            •    M. Gunawan Yasni
                                                                                                            •    Mohamad Nasir
                                                                                                            •    Muliaman D. Hadad
                                  Operational and IT Preparation for Ramadhan and Lebaran 2024              •    Adiwarman A. Karim
  5.   March 07, 2024
                                  (Rescheduled from previous schedule 29 February)                          •    Komaruddin Hidayat
                                                                                                            •    M. Zacky Thayib
                                                                                                            •    M. Gunawan Yasni
                                                                                                            •    Mohamad Nasir
                                                                                                            •    Muliaman D. Hadad
                                                                                                            •    Adiwarman A. Karim
  6    March 20, 2024             Customer Care Development 2024
                                                                                                            •    Komaruddin Hidayat
                                                                                                            •    M. Zacky Thayib
                                                                                                            •    M. Gunawan Yasni
                                                                                                            •    Mohamad Nasir
                                                                                                            •    Muliaman D. Hadad
                                                                                                            •    Adiwarman A. Karim
  7.   April 25, 2024             Publication Report for Quarter I of 2024
                                                                                                            •    Komaruddin Hidayat
                                                                                                            •    M. Zacky Thayib
                                                                                                            •    M. Gunawan Yasni
                                                                                                            •    Mohamad Nasir
                                                                                                            •    Muliaman D. Hadad
  8.   May 3, 2024                BSI Data Analytics Optimization 2024                                      •    Adiwarman A. Karim
                                                                                                            •    M. Zacky Thayib
                                                                                                            •    M. Gunawan Yasni
                                                                                                            •    Mohamad Nasir
                                                                                                            •    Muliaman D. Hadad
                                                                                                            •    Adiwarman A. Karim
  9.   May 31, 2024               Audit Report for Quarter I of 2024                                        •    Komaruddin Hidayat
                                                                                                            •    Felicitas Tallulembang
                                                                                                            •    Suharto
                                                                                                            •    Rahmatina Awaliah Kasri




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 No.           Meeting Date                                          Meeting Agenda                                      Meeting participants
                                                                                                                     •    Mohamad Nasir
                                                                                                                     •    Muliaman D. Hadad
                                                                                                                     •    Adiwarman A. Karim
 10.     June 27, 2024                 Progress of Integrated Collateral Handling Implementation and Its Problems    •    Komaruddin Hidayat
                                                                                                                     •    Felicitas Tallulembang
                                                                                                                     •    Suharto
                                                                                                                     •    Rahmatina Awaliah Kasri
                                                                                                                     •    Mohamad Nasir
                                                                                                                     •    Muliaman D. Hadad
                                       Kick Off Meeting from Public Accounting Firm PriceWaterHouseCoopers           •    Adiwarman A. Karim
 11.     July 25, 2024                 (PWC Public Accounting Firm) Regarding Audit of PT Bank Syariah Indonesia's   •    Komaruddin Hidayat
                                       Financial Report for 2024                                                     •    Felicitas Tallulembang
                                                                                                                     •    Suharto
                                                                                                                     •    Rahmatina Awaliah Kasri
                                                                                                                     •    Mohamad Nasir
                                                                                                                     •    Muliaman D. Hadad
                                                                                                                     •    Adiwarman A. Karim
 12.     August 15, 2024               Realization Report for Semester I of 2024                                     •    Komaruddin Hidayat
                                                                                                                     •    Felicitas Tallulembang
                                                                                                                     •    Suharto
                                                                                                                     •    Rahmatina Awaliah Kasri
                                                                                                                     •    Mohamad Nasir
                                                                                                                     •    Muliaman D. Hadad
                                                                                                                     •    Adiwarman A. Karim
 13.     August 15, 2024               Report of Audit Realization for Semester I of 2024                            •    Komaruddin Hidayat
                                                                                                                     •    Felicitas Tallulembang
                                                                                                                     •    Suharto
                                                                                                                     •    Rahmatina Awaliah Kasri
                                                                                                                     •    Mohamad Nasir
                                                                                                                     •    Muliaman D. Hadad
                                                                                                                     •    Adiwarman A. Karim
                                       Clearance Meeting Audit of Financial Report and Publication Report as of
 14.     August 22, 2024                                                                                             •    Komaruddin Hidayat
                                       June 2024
                                                                                                                     •    Felicitas Tallulembang
                                                                                                                     •    Suharto
                                                                                                                     •    Rahmatina Awaliah Kasri
                                                                                                                     •    Mohamad Nasir
                                                                                                                     •    Muliaman D. Hadad
                                                                                                                     •    Adiwarman A. Karim
                                       Update on IT Development progress (Operation)
 15.     September 11, 2024                                                                                          •    Komaruddin Hidayat
                                       For Semester I of 2024
                                                                                                                     •    Felicitas Tallulembang
                                                                                                                     •    Suharto
                                                                                                                     •    Rahmatina Awaliah Kasri
                                                                                                                     •    Mohamad Nasir
                                                                                                                     •    Muliaman D. Hadad
                                                                                                                     •    Adiwarman A. Karim
                                       Report on the implementation of the Anti-Fraud Strategy for the second
 16.     September 19, 2024                                                                                          •    Komaruddin Hidayat
                                       quarter
                                                                                                                     •    Felicitas Tallulembang
                                                                                                                     •    Suharto
                                                                                                                     •    Rahmatina Awaliah Kasri
                                                                                                                     •    Mohamad Nasir
                                                                                                                     •    Muliaman D. Hadad
                                                                                                                     •    Adiwarman A. Karim
 17.     October 17, 2024              Report of Audit Realization for Quarter III of 2024                           •    Komaruddin Hidayat
                                                                                                                     •    Felicitas Tallulembang
                                                                                                                     •    Suharto
                                                                                                                     •    Rahmatina Awaliah Kasri
                                                                                                                     •    Mohamad Nasir
                                                                                                                     •    Muliaman D. Hadad
                                                                                                                     •    Adiwarman A. Karim
 18.     October 17, 2024              Report of BPK Audit Result                                                    •    Komaruddin Hidayat
                                                                                                                     •    Felicitas Tallulembang
                                                                                                                     •    Suharto
                                                                                                                     •    Rahmatina Awaliah Kasri




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386 2024 Annual Report
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 No.            Meeting Date                                          Meeting Agenda                                        Meeting participants
                                                                                                                        •    Mohamad Nasir
                                                                                                                        •    Muliaman D. Hadad
                                                                                                                        •    Adiwarman A. Karim
                                          Update progress of Combined Assurance on the Implementation of 2 Sharia
  19.    October 17, 2024                                                                                               •    Komaruddin Hidayat
                                          Principles for Semester I of 2024
                                                                                                                        •    Felicitas Tallulembang
                                                                                                                        •    Suharto
                                                                                                                        •    Rahmatina Awaliah Kasri
                                                                                                                        •    Mohamad Nasir
                                                                                                                        •    Muliaman D. Hadad
                                                                                                                        •    Adiwarman A. Karim
  20.    November 8, 2024                 Application for Approval of the 2025 RAKB                                     •    Komaruddin Hidayat
                                                                                                                        •    Felicitas Tallulembang
                                                                                                                        •    Suharto
                                                                                                                        •    Rahmatina Awaliah Kasri
                                                                                                                        •    Mohamad Nasir
                                                                                                                        •    Muliaman D. Hadad
                                                                                                                        •    Adiwarman A. Karim
  21.    November 21, 2024                Report on the implementation of the Anti-Fraud Strategy for the 3rd Quarter   •    Komaruddin Hidayat
                                                                                                                        •    Felicitas Tallulembang
                                                                                                                        •    Suharto
                                                                                                                        •    Rahmatina Awaliah Kasri
                                                                                                                        •    Mohamad Nasir
                                                                                                                        •    Muliaman D. Hadad
                                                                                                                        •    Adiwarman A. Karim
                                          BPK Audit Results Update: Micro Business Loan (KUR) Margin Subsidy,
  22.    December 12, 2024                                                                                              •    Komaruddin Hidayat
                                          Financing, Operational and Investment Expenses in 2024
                                                                                                                        •    Felicitas Tallulembang
                                                                                                                        •    Suharto
                                                                                                                        •    Rahmatina Awaliah Kasri


FREQUENCY AND ATTENDANCE RATE OF AUDIT COMMITTEE MEETINGS


Table of Audit Committee Meeting Attendance Rate
                                                                                           Audit Committee Meeting
                Name                         Position                               Number and Percentage of Attendance
                                                               Number of Meetings           Number of Attendance                Percentage
 Mohamad Nasir                               Member                       22                            22                          100%
 Muliaman D. Hadad                           Member                       22                            22                          100%
 Adiwarman A. Karim                          Member                       22                            22                          100%
 Komaruddin Hidayat                          Member                       22                            21                          95%
 Felicitas Tallulembang*                     Member                       14                            14                          100%
 M. Zacky Thayib**                           Member                       3                             3                           100%
 M. Gunawan Yasni**                          Member                       3                             3                           100%
 Suharto***                                  Member                       14                            14                          100%
 Rahmatina Awaliah Kasri***                  Member                       14                            14                          100%

* Starts office on May 31, 2024
** Resigned from office on May 31, 2024
*** Starts office on June 26, 2024



Work Program and Implementation                                                2. Providing Recommendations for the Proposal for the
of Audit Committee Duties In 2024                                                 Appointment of a Public Accounting Firm (KAP) and Public
                                                                                  Accountant (AP) for the Audit of the Annual Financial Report
The Audit Committee held 22 (twenty two) meetings as stated in                    of PT Bank Syariah Indonesia Tbk for 2024;
the list of Audit Committee Meetings and carried out its duties,               3. Providing recommendations from the Audit Committee to
including:                                                                        the Board of Commissioners regarding the approval of the
1. Conducting a review of the implementation of audits                            Honorarium for Audit Services for BSI's Financial Report for
    by internal and external auditors, and supervising the                        the 2024 Financial Year;
    implementation of follow-up actions by the Board of                        4. Providing recommendations from the Audit Committee to
    Directors on the auditor's findings;                                          the Board of Commissioners regarding the approval of the
                                                                                  Published Financial Report for 2024.


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Nomination and Remuneration Committee                                      f.  Develop capability development programs for members
                                                                               of the Board of Directors, members of the Board
The Nomination and Remuneration Committee functions to assist                  of Commissioners, and/or members of the Sharia
the Board of Commissioners in carrying out its duties, especially              Supervisory Board.
those relating to the Bank's remuneration and nomination policies.    3.   Develop concepts and analysis related to the function of the
                                                                           Nomination and Remuneration Committee.
Duties and Responsibilities of The Nomination and                     4.   Assist the Board of Commissioners in determining general
Remuneration Committee                                                     Human Resources policies.
                                                                      5.   Assist the Board of Commissioners in obtaining and analyzing
The Committee is tasked and responsible for carrying out the               data on prospective Board of Directors from the talent pool
following matters:                                                         of officials one level below the Directors.
1. Related to the remuneration function.                              6.   Assist the Board of Commissioners in providing recommendations
     a. Provide recommendations to the Board of Commissioners              regarding options to the Board of Commissioners, Board of
        regarding remuneration structure, remuneration policy              Directors, Sharia Supervisory Board and Employees, including
        and remuneration amount.                                           stock options and monitoring their implementation.
     b. Assist the Board of Commissioners in carrying out             7.   Have a data base and talent pool for prospective members of
        performance assessments in accordance with the                     the Board of Commissioners, Board of Directors and Sharia
        remuneration received by each member of the Board                  Supervisory Board.
        of Directors, members of the Board of Commissioners,
        and/or members of the Sharia Supervisory Board.               Authorities of The Nomination and Remuneration
2. Related to the nomination function:                                Committee
     a. Provide recommendations to the Board of Commissioners
        regarding:                                                    1. Request PT Bank Syariah Indonesia Tbk. to conduct surveys
        • Composition of positions of members of the Board of            according to the needs of the Nomination and Remuneration
             Directors, members of the Board of Commissioners,           Committee.
             and/ or members of the Sharia Supervisory Board.         2. Request necessary information from various parties both
        • Policies and criteria required in the Nomination process.      internal and external to PT Bank Syariah Indonesia Tbk.
        • Performance for evaluation policy members of
             the Board of Directors, members of the Board of          Nomination and Remuneration Committee Charter
             Commissioners, and/or members of the Sharia
             Supervisory Board.                                       The Nomination and Remuneration Committee has a charter
     b. Assist the Board of Commissioners in assessing the            issued based on the Joint Decree (SKB) of the Board of Directors
        performance of members of the Board of Directors,             and Board of Commissioners of BSI No. 01/001-SKB/Dirkom
        members of the Board of Commissioners, and/or members         dated February 1, 2021 concerning the Stipulation of Guidelines
        of the Sharia Supervisory Board based on benchmarks that      and Work Rules of the Remuneration and Nomination Committee
        have been prepared as evaluation material.                    of PT Bank Syariah Indonesia. This charter is a reference for
     c. Provide recommendations to the Board of Commissioners         carrying out audit duties and responsibilities in a transparent,
        regarding capacity development programs for members           competent, objective, and independent manner, ensuring its
        of the Board of Directors, members of the Board               accountability and acceptance by all interested parties.
        of Commissioners, and/or members of the Sharia
        Supervisory Board.                                            The contents of the Remuneration and Nomination Committee
     d. Provide proposals for candidates who meet the                 charter include:
        requirements as members of the Board of Directors,            a. Background
        members of the Board of Commissioners, and/or                 b. Definition
        members of the Sharia Supervisory Board, to the Board         c. Objectives
        of Commissioners to be submitted to the GMS.                  d. Functions, Authorities, Duties and Responsibilities
     e. Provide recommendations to the Board of                       e. Membership and Rules of Procedure
        Commissioners regarding Independent Parties who are           f. Nomination and Remuneration System
        prospective members of the Audit Committee and Risk           g. Closing
        Monitoring Committee.




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Structure, Membership, and Expertise of The Nomination and Remuneration Committee


           Name                               Position                                Information                          Expertise
Komaruddin Hidayat              Chairman (concurrently Member)         Independent Commissioner                  Education, Philosophy

                                                                       President Commissioner/Independent        Economics, Public
Muliaman D. Hadad               Member
                                                                       Commissioner                              Administration, Finance

                                                                       Deputy President Commissioner/            Economics, Business
Adiwarman A. Karim              Member
                                                                       Independent Commissioner                  Administration

Mohamad Nasir                   Member                                 Independent Commissioner                  Accounting, Banking

Felicitas Tallulembang          Member                                 Independent Commissioner                  Management

Masduki Baldlowi                Member                                 Commissioner                              Law, Finance

                                                                       Group Head overseeing Human Capital
Teszy Mira Ekakusma             Secretary and Non Member Voting                                                  Psychology, Human Resources
                                                                       Strategy & Policy Group


Profile of The Nomination and Remuneration Committee

                                                        Komaruddin Hidayat
                         Chairman of the Nomination and Remuneration Committee/ Independent Commissioner
The profile can be seen in the Board of Commissioners Profile section in this Annual Report.
Period and Term of Office: Following the Term of Office of the Board of Commissioners



                                                  Muliaman D. Hadad
         Member of the Nomination and Remuneration Committee/ President Commissioner/ Independent Commissioner
The profile can be seen in the Board of Commissioners Profile section in this Annual Report.
Period and Term of Office: Following the Term of Office of the Board of Commissioners



                                                Adiwarman A. Karim
    Member of the Nomination and Remuneration Committee/ Deputy President Commissioner/ Independent Commissioner
The profile can be seen in the Board of Commissioners Profile section in this Annual Report.
Period and Term of Office: Following the Term of Office of the Board of Commissioners



                                                        Mohamad Nasir
                         Member of the Nomination and Remuneration Committee/Independent Commissioner
The profile can be seen in the Board of Commissioners Profile section in this Annual Report.
Period and Term of Office: Following the Term of Office of the Board of Commissioners



                                                      Felicitas Tallulembang
                         Member of the Nomination and Remuneration Committee/Independent Commissioner
The profile can be seen in the Board of Commissioners Profile section in this Annual Report.
Period and Term of Office: Following the Term of Office of the Board of Commissioners



                                                         Masduki Baldlowi
                                Member of the Nomination and Remuneration Committee/ Commissioner
The profile can be seen in the Board of Commissioners Profile section in this Annual Report.
Period and Term of Office: Following the Term of Office of the Board of Commissioners




                                                                                                             PT Bank Syariah Indonesia Tbk
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GOVERNANCE




                                         Teszy Mira Ekakusma
                                         Secretary of the Nomination and Remuneration Committee


                                         Jakarta, August 7, 1979




                                         Educational Background
       Indonesian Citizens
                                         • Bachelor of Psychology, Padjadjaran University, Bandung (2002)
                                         • Master of Psychology, University of Indonesia (2024)

       45 Tahun Years Old
                                         Certification
                                         • Risk Management Level 4

       Domiciled in Jakarta, Indonesia

                                         Work Experience
                                         • Human Capital Strategy & Policy Group Head, PT Bank Syariah Indonesia Tbk
       Legal Basis of Appointment
                                           (2024)
                                         • Human Capital Services Group Head, PT Bank Syariah Indonesia Tbk (2023-2024)
       Decree No. 04/426-KEP/DIR
       dated September 17, 2024          • Human Capital Strategy & Policy Group Head, PT Bank Syariah Indonesia Tbk
                                           (2022-2023)
                                         • DH Talent Analytics, PT Bank Mandiri (Persero) Tbk (2019-2022)
                                         • HCBP Head Retail Banking, PT Bank Mandiri (Persero) Tbk (2016-2019)
                                         • HCBP Head Consumer Banking, PT Bank Mandiri (Persero) Tbk (2015-2016)
                                         • HCBP Head Transaction Banking, PT Bank Mandiri (Persero) Tbk (2014-2015)
                                         • SR PS HCBP Micro & Retail Banking, PT Bank Mandiri (Persero) Tbk (2012-2014)
                                         • PS HCBP, Micro & Retail Banking PT Bank Mandiri (Persero) Tbk (2007-2012)
                                         • Cash Outlet Manager, Banjarmasin Pelindo Trisakti, PT Bank Mandiri (Persero) Tbk
                                           (2007)
                                         • Business Development Offier, Regional IX Banjarmasin, PT Bank Mandiri (Persero)
                                           Tbk (2006-2007)
                                         • Temporary Assignment Officer, PT Bank Mandiri (Persero) Tbk (2006)
                                         • Officer Development Program, PT Bank Mandiri (Persero) Tbk (2004-2006)



                                         Period and Term of Office
                                         In line with tenure as Human Capital Strategy & Policy Group Head



                                         Concurrent Positions
                                         None




     PT Bank Syariah Indonesia Tbk
390 2024 Annual Report
Page 393
Qualification of Education and Work Experience of Nomination and Remuneration Committee

Table of Educational Qualifications and Experience of the Nomination and Remuneration Committee
       Name                           Position                              Information                                 Expertise
                                                               •    Bachelor of Usuluddin
                                                               •    Master of Philosophy
Komaruddin Hidayat       Chairman (concurrently Member)                                                 Have experience in education and banking
                                                               •    Doctor of Philosophy
                                                               •    Post-Doctorate Research Program
                                                               •    Bachelor of Economics,
                                                                    Development Studies                 Have experience in the financial and
Muliaman D. Hadad        Member
                                                               •    Master of Public Administration     banking sector
                                                               •    Doctor of Philosophy
                                                               •    Economic Engineer
                                                               •    Bachelor of Economics
                                                                                                        Have experience in the financial and
Adiwarman A. Karim       Member                                •    Master of Business Administration
                                                                                                        banking sector
                                                               •    Master of Economics and
                                                                    Economic Policy
                                                               •    Bachelor of Accounting
                                                               •    Master of Science in Accounting     Have experience in the fields of
Mohamad Nasir            Member
                                                               •    Doctor of Philosophy (Ph.D) in      government, education and banking
                                                                    Accounting
Felicitas
                         Member                                Bachelor of Medicine                     Have experience in the medical sector
Tallulembang
                                                               •    Bachelor of Arabic Literature       Have experience in the field of government
Masduki Baldlowi         Member
                                                               •    Bachelor of Education               and banking
Teszy Mira                                                     Bachelor of Psychology
                         Secretary                                                                      Have experience in banking.
Ekakusma                                                       Master of Psychology



Independence of The Nomination and Remuneration Committee

Table of Nomination and Remuneration Committee Independence
                                  Komaruddin     Muliaman D.       Adiwarman       Mohamad            Felicitas       Masduki         Teszy Mira
  Independence Aspect
                                    Hidayat        Hadad            A. Karim        Nasir           Tallulembang      Baldlowi        Ekakusma
Has no financial
relationship with the Board
                                      √               √                 √               √                √                 √                √
of Commissioners and
Directors
Has no management
relationships in the
                                      √               √                 √               √                √                 √                √
company, subsidiaries or
affiliated companies
Has no share ownership
                                      √               √                 √               √                √                 √                √
relationship in the company
Has no family relationship
with the Board of
Commissioners, Board of
Directors, and/or fellow              √               √                 √               √                √                 √                √
members of the Nomination
and Remuneration
Committee
Not serving as a political
party administrator, official         √               √                 √               √                √                 √                √
or government official




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Competency Development Program of Nomination and Remuneration Committee


                                                       Types of Training and Development
                                                                                                    Time and Place of
        Name                        Position                        Materials                                                      Organizer
                                                                                                     Implementation
                                                             Competence/Training
                        Chairman (concurrently       Education and/or Training can be seen in the education and/or training section of the
 Komaruddin Hidayat
                        Member)                      Members of the Board of Commissioners.
                                                     Education and/or Training can be seen in the education and/or training section of the
 Muliaman D. Hadad      Member
                                                     Members of the Board of Commissioners.
                                                     Education and/or Training can be seen in the education and/or training section of the
 Adiwarman A. Karim     Member
                                                     Members of the Board of Commissioners.
                                                     Education and/or Training can be seen in the education and/or training section of the
 Mohamad Nasir          Member
                                                     Members of the Board of Commissioners.
 Felicitas                                           Education and/or Training can be seen in the education and/or training section of the
                        Member
 Tallulembang                                        Members of the Board of Commissioners.
                                                     Pendidikan dan/atau Pelatihan dapat dilihat pada bagian pendidikan dan/atau pelatihan
 Masduki Baldlowi       Member
                                                     Anggota Dewan Komisaris
                                                                                                   Jakarta, January 8,
                                                     Mini Workshop:OKR HC Team 2024                                          BSI
                                                                                                   2024
                                                     SEMINAR PERSONAL COLOUR AND
                                                                                                   Jakarta, June 3, 2024     BSI
                                                     STYLE
                                                     PERSONAL COLOUR & STYLE ANALYSIS
                                                                                                   Jakarta, June 4, 2024     BSI
                                                     BATCH 1
                                                     CEO GREETS HUMAN CAPITAL                      Jakarta, July 29, 2024    BSI
                                                                                                   Online, February 21,
                                                     Risk Management Refreshment                                             Maisa Edukasi
                                                                                                   2024
                                                     TOP EXECUTIVE LEARNING PROGRAM                Jakarta, February 26,
                                                                                                                             BSI
                                                     SERIES 2                                      2024
                                                     KNOWLEDGE SHARING FORUM (KSF)
                                                                                                   Jakarta, March 14,
                                                     "Sharping Your Branding in Sharia Banking                               BSI
 Teszy Mira Ekakusma    Secretary                                                                  2024
                                                     Leadership"
                                                                                                   Online, July 11 – 12,
                                                     Risk Management Level 4, July 11 -12                                    ASBISINDO
                                                                                                   2024
                                                                                                   Jakarta, November 26,
                                                     KSF BEST PRACTICE HUMAN CAPITAL                                         BSI
                                                                                                   2024
                                                     Top Executive Learning Program December       Jakarta, December 17,
                                                                                                                             BSI
                                                     2024                                          2024
                                                                                                   Online, March 27 –
                                                     HR Professional Certification                                           PT QUBISA
                                                                                                   April 2, 2024
                                                                                                   Online, September 27
                                                     Refreshment PHR Consumer Product                                        BSI
                                                                                                   – December 31, 2024
                                                                                                   Online, October 15 –
                                                     Refreshment BYOND Vol.1                                                 BSI
                                                                                                   December 31, 2024




Meeting of The Nomination and Remuneration Committee                        4. Meetings are led by the Chair or a member appointed by the
                                                                               members present, if the chair is unable to attend.
NOMINATION AND REMUNERATION COMMITTEE MEETING                               5. Meeting decisions are made based on consensus. In the
POLICIES                                                                       event that consensus does not occur, decisions are made
                                                                               based on the majority vote.
1. Meetings are attended by all members and if necessary can                6. The results or decisions of the meeting must be stated in the
   only be attended by members with voting rights.                             minutes of the meeting signed by all members present and
2. Meetings can only be held if attended by at least 51% of the total          properly documented and must be submitted in writing to
   number of members including an Independent Commissioner                     the Board of Commissioners.
   as the Committee Chair and Human Capital officer.                        7. Dissenting opinions that occur in the meeting must be
3. Remuneration and Nomination Committee meetings are                          clearly stated in the minutes of the meeting along with the
   held according to the needs and assignments of the Board of                 reasons for the dissenting opinions.
   Commissioners, at least 1 (one) time in 4 (four) months.




      PT Bank Syariah Indonesia Tbk
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NOMINATION AND REMUNERATION COMMITTEE MEETING AGENDA


Table of Nomination and Remuneration Committee Meeting Agenda
 No.       Meeting Date                                  Meeting Agenda                                   Meeting Participants
                                                                                                   Komaruddin Hidayat
                                                                                                   Muliaman D. Hadad
  1       February 22, 2024     Proposals of BSI Sharia Supervisory Board Candidate 2024
                                                                                                   Adiwarman A. Karim
                                                                                                   Mohamad Nasir
                                                                                                   Komaruddin Hidayat
                                                                                                   Muliaman D. Hadad
                                Proposal of Management Remuneration 2024 and Performance Bonus
  2        March 25, 2024                                                                          Adiwarman A. Karim
                                2023
                                                                                                   Mohamad Nasir
                                                                                                   Masduki


FREQUENCY AND ATTENDANCE RATE OF NOMINATION AND REMUNERATION COMMITTEE MEETINGS


Table of Attendance Rate of Nomination and Remuneration Committee Meetings

                                                                        Nomination and Remuneration Committee Meeting
         Name                        Position                                Number and Percentage of Attendance
                                                         Number of Meetings          Number of Attendance              Percentage
                         Chairman (concurrently
 Komaruddin Hidayat                                                 2                          2                         100%
                         Member)

 Muliaman D. Hadad       Member                                     2                          2                         100%

 Adiwarman A. Karim      Member                                     2                          2                         100%
 Mohamad Nasir           Member                                     2                          2                         100%

 Masduki Baldlowi        Member                                     2                          1                          50%

 Teszy Mira Ekakusma     Secretary                                  1                          1                          100




Work Program and Implementation of The Nomination
and Remuneration Committee's Duties In 2024

Throughout 2024, the Nomination and Remuneration Committee                2. Nomination and Submission of Candidates for Directors,
carried out its duties and responsibilities well. The Nomination             Board of Commissioners and Sharia Supervisory Board
and Remuneration Committee has held 3 (three) meetings and                   Candidates for members of the Board of Directors, Board of
carried out its duties, including:                                           Commissioners and Sharia Supervisory Board are submitted
1. Proposed 2024 Management Remuneration and 2023                            through a selection process by taking into account the
    Performance Bonus;                                                       requirements above.
2. Proposed Candidates for the Sharia Supervisory Board (DPS)
    of BSI in 2024;                                                       Selection Procedure
3. Recommendations for Candidates for Company Management                  1. The Nomination and Remuneration Committee identifies
                                                                              candidates who meet the criteria.
Board of Directors Succession Policy                                      2.    The Board of Commissioners submits, based on the
                                                                              recommendations of the Nomination and Remuneration
Basic Principles                                                              Committee, proposals for candidates for the Board of
1. Requirements for the Board of Directors, Board of                          Directors, Board of Commissioners and Sharia Supervisory
    Commissioners, and Sharia Supervisory Board.                              Board to the GMS.
    Candidates for members of the Board of Directors, Board               3. The selection is carried out before the end of the term of
    of Commissioners, and Sharia Supervisory Board must meet                  office or requested by the Board of Commissioners or if
    the applicable statutory requirements such as the Limited                 there is a vacant position.
    Liability Company Law, the Sharia Banking Law and the
    Capital Market Law as well as other provisions.




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Requirements and Criteria.                                                         majority of members of the Board of Directors
The requirements and criteria for prospective members of                           must have at least 4 (four) years of experience
the Board of Directors, Board of Commissioners, and Sharia                         with the lowest position as an Executive Officer
Supervisory Board as stipulated in the Company's Articles of                       in the banking industry and at least 1 (one) year of
Association and other applicable provisions, are as follows:                       which has served at least as an Executive Officer
a. Board of Commissioners and Directors.                                           at a BUS and/or UUS. have the ability to carry out
    a. Prospective members of the Board of Commissioners                           strategic management within the framework of
        and prospective members of the Board of Directors                          developing a sound and resilient Bank; and
        must meet the requirements of integrity, competence,                  3) have knowledge, understanding and ability in
        and financial reputation.                                                  implementing risk management.
    b. Integrity requirements for prospective members of the          d. Financial reputation requirements for prospective
        Board of Commissioners and prospective members of                members of the Board of Commissioners and prospective
        the Board of Directors include:                                  members of the Board of Directors, include:
        • have good morals and ethics, among others                      • have no bad loan/financing; and
            demonstrated by an attitude of complying with                • have never been declared bankrupt or been a
            applicable provisions, including never having been                Director or Commissioner who was found guilty of
            convicted of committing a Certain Criminal Act within             causing a company to be declared bankrupt, within
            the last 20 (twenty) years before being nominated;                the last 5 (five) years before being nominated.
        • have a commitment to comply with applicable laws            e. Candidates for members of the Board of Commissioners
            and regulations;                                             and candidates for members of the Board of Directors
        • have a commitment to developing sound Bank                     do not have any indication of integrity, competence and/
            operations;                                                  or financial reputation problems which include:
        • are not listed in the DTL (Disqualified List); and             • actions both directly and indirectly in the form of:
        • have a commitment not to commit and/or repeat the                   1) hiding and/or obscuring violations of a provision
            acts and/or actions as referred to, for prospective                    or financial condition and/or actual transactions;
            members of the Board of Commissioners or                          2) providing unfair benefits to Shareholders,
            prospective members of the Board of Directors who                      members of the Board of Commissioners,
            have previously had a predicate of Disqualified in the                 members of the Board of Directors, the
            fit and proper test and have undergone sanctions as                    Sharia Supervisory Board, Executive Officers,
            referred to in PBI No. 14/6/PBl/2012 concerning                        employees, and/or other parties that may harm
            the Fit and Proper Test for Sharia Banks and Sharia                    or reduce the profits of the Sharia Bank;
            Business Units, Article 36 paragraph (1), Article 38              3) violating the principle of prudence in banking
            letter b, Article 41 paragraph (4) letter a and Article                and the principles of sound banking; and/or
            41 paragraph (5).                                                 4) violating Sharia Principles in the field of sharia
    c. Competency requirements, including:                                         banking;
        • for prospective members of the Board of                        • proven to have committed Certain Criminal Acts
            Commissioners including, among others:                            that have been decided by the court and have
            1) have sufficient knowledge, understanding and/                  permanent legal force; proven to have caused the
                 or experience in the field of sharia banking                 Islamic Bank to experience difficulties that endanger
                 operations;                                                  the continuity of its business or may endanger the
            2) have the willingness and ability to supervise the              banking industry;
                 Bank's business activities to comply with the           • proven to have not carried out the orders of Bank
                 principle of prudence and Sharia Principles in               Indonesia and/or the Financial Services Authority to
                 the field of sharia banking; and                             carry out and/or not carry out certain actions;
            3) have knowledge and understanding in the                   • proven to have bad loan/financing;
                 application of risk management.                         • proven to have been declared bankrupt and/or to
        • for prospective members of the Board of Directors                   be a member of the Board of Commissioners or a
            including, among others:                                          member of the Board of Directors who was found
            1) have sufficient knowledge and understanding in                 guilty of causing a company to be declared bankrupt;
                 the field of Islamic banking operations;                • unable to carry out strategic management in the
            2) have experience and expertise in the field of                  context of developing a sound Islamic Bank;
                 banking operations, Islamic banking, finance or         • proven to have refused to provide commitments
                 Islamic finance;                                             and/or not fulfill commitments that have been
                 Fulfillment of experience and expertise                      agreed upon with Bank Indonesia, the Financial
                 requirements for prospective Directors, also                 Services Authority, and/or the Government; or
                 includes fulfillment of the requirement that the




     PT Bank Syariah Indonesia Tbk
394 2024 Annual Report
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        •  not carrying out acts or actions that are his/her duties     PT Bank Syariah Indonesia Tbk No. 04/KEP-KOM/001/2024
           and responsibilities resulting in violations or actions as   concerning the guidelines and work procedures (charter) of
           referred to in points (1), (3) and/or (4) above.             the risk monitoring committee of PT Bank Syariah Indonesia
2. Sharia Supervisory Board                                             Tbk dated July 1, 2024. The Charter contains the duties and
   Prospective members of the Sharia Supervisory Board must             responsibilities of the Risk Monitoring Committee which include
   meet the following requirements:                                     the following:
   a. integrity, which at least includes:                               1. Monitoring and evaluating of at least:
       • have good morals and ethics;                                       a. Conformity between risk management policies and the
       • have a commitment to comply with Islamic banking                        implementation of those policies.
           regulations and other applicable laws and regulations;           b. Implementation of the work plan and duties of the Risk
       • have a commitment to developing a sound and                             Management Committee and Risk Management Unit.
           resilient Bank (sustainable)’, and                               c. Adequacy of risk identification, measurement,
       • are not included in the List of Failed as stipulated                    monitoring, control and management information
           in the provisions regarding the fit and proper                        systems processes.
           test set by Bank Indonesia and/or the Financial                  d. The Bank's compliance with the Articles of Association,
           Services Authority. Competence, which at least has                    regulations of the Banking and Capital Market
           knowledge and experience in the field of Islamic                      Supervisory Authority, and other laws and regulations
           mu'amaIah and knowledge in the field of banking                       related to risk management.
           and/or finance in general; and                               2. Monitoring and reviewing of at least:
   b. Financial reputation, which at least includes:                        a. Risk Profile Report.
       • not included in the bad loan/financing fund; and                   b. Risk-based Report of Bank Soundness Level.
       • never declared bankrupt or become a shareholder,                   c. Other reports related to the management of 10 (ten)
           member of the Board of Commissioners, or member                       types of risk, namely:
           of the Board of Directors who is found guilty of                      • Credit Risk
           causing a company to be declared bankrupt, within                     • Market Risk
           the last 5 (five) years before being nominated,                       • Operational Risk
3. Member of the Audit Committee and Risk Monitoring                             • Liquidity Risk
   Committee.                                                                    • Legal Risk
   In providing recommendations regarding Independent                            • Compliance Risk
   Parties who will become members of the Audit Committee                        • Reputational Risk
   and/or Risk Monitoring Committee, the Committee must                          • Strategic Risk
   pay attention to the Bank's vision and mission, the principles                • Return Risk
   of Good Corporate Governance and the provisions of                            • Investment Risk
   applicable laws and regulations.                                         d. Bank Financing Policy and other policies required
4. The Committee submits recommendations regarding                               by the Regulator to be submitted to the Board of
   candidate members of the Board of Directors, Sharia                           Commissioners by the Board of Directors.
   Supervisory Board, and Board of Commissioners to the                 3. Providing recommendations to the Board of Commissioners
   Board of Commissioners in writing to be submitted to the                 on at least:
   GMS no later than 1 (one) week before the GMS is held.                   a. Things that can support increasing the effectiveness of
                                                                                 implementing risk management in the Bank.
Risk Monitoring Committee                                                   b. The conformity between the Bank's risk management
                                                                                 policy and the implementation of that policy to ensure
The Risk Monitoring Committee assists the Board of                               that the Bank has managed risks adequately.
Commissioners in carrying out its supervisory duties and                    c. Implementation of the work plan and duties of the Risk
functions, particularly for matters relating to the implementation               Management Committee and Risk Management Unit.
of risk management policies.                                            4. Conducting regular meetings with related business units to
                                                                            discuss matters within the scope of their supervision.
Duties and Responsibilities of The Risk Monitoring                      5. Reporting the results of monitoring and review periodically,
Committee                                                                   and providing input on matters that require the attention of
                                                                            the Board of Commissioners.
In carrying out its duties and responsibilities, the Risk Monitoring    6. Preparing guidelines and work rules for the Risk Monitoring
Committee is based on the Risk Monitoring Committee Charter                 Committee and conduct periodic reviews at least once every
issued through the Decree of the Board of Commissioners of                  3 (three) years.




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The Chairperson of the Risk Monitoring Committee is tasked            committee of PT Bank Syariah Indonesia Tbk dated July 1, 2024,
and responsible for coordinating all activities of the Committee      which is an update of the previous Risk Monitoring Committee
to fulfill the objectives of the Committee in accordance with its     Charter.
formation. The Chairperson and members of the Risk Monitoring
Committee are responsible for the following matters:                  The Risk Monitoring Committee Charter is established by
1. Determining the annual work plan.                                  the Board of Commissioners as a guide in carrying out duties
2. Preparing reports on Committee activities and matters              and responsibilities in a transparent, competent, objective
    deemed necessary to receive the attention of the Board of         and independent manner so that it can be accounted for and
    Commissioners.                                                    accepted by all interested parties.
3. Appoint a non-commissioner risk monitoring committee
    member or other third party as committee secretary to             The Risk Monitoring Committee Charter regulates a number of
    assist with committee activities including those related to       matters including::
    committee meetings and the preparation of committee               1. Background
    meeting minutes.                                                  2. Risk Monitor
4. Attending meetings.                                                3. Definition, Vision and Mission, Responsibilities and Authorities
5. Taking an active role and contribute to every Committee            4. Membership Structure
    Meeting activity.                                                 5. Confidentiality
                                                                      6. Committee Member Rewards
Authorities of The Risk Monitoring Committee                          7. Committee Meetings
                                                                      8. Changes
1. Communicating with the Head of Business Unit and other             9. Closing
   parties at the Bank to obtain information, clarification and
   request necessary documents and reports.                           Term of Office of The Risk Monitoring Committee
2. Accessing records or information about employees,
   funds, assets and other company resources related to the           The term of office of the members of the Risk Monitoring
   implementation of their duties.                                    Committee who are members of the Board of Commissioners
3. Obtaining Risk Profile Reports, Bank Soundness Level               may not be longer than their term of office as stipulated in
   Reports, Risk Appetite Statements, and other reports related       the Articles of Association and may be re-elected for 1 (one)
   to the implementation of Bank risk management.                     subsequent period. The term of office of the members of the
4. Obtaining input and/or suggestions from parties outside the        Risk Monitoring Committee who come from Independent Non-
   Bank related to their duties.                                      Commissioner Parties is a maximum of 3 (three) years and may be
5. Carrying out other authorities granted by the Board of             extended 1 (one) time for 2 (two) years of office without reducing
   Commissioners.                                                     the right of the Board of Commissioners to dismiss at any time.


Risk Monitoring Committee Charter                                     If a member of the Board of Commissioners who is the Chairman
                                                                      of the Risk Monitoring Committee resigns before his term of
The Risk Monitoring Committee has a Charter issued through            office as a Commissioner of the Company, the Chairman of
the Decree of the Board of Commissioners of PT Bank Syariah           the Risk Monitoring Committee will be replaced by another
Indonesia Tbk No. 04/KEP-KOM/001/2024 concerning the                  Independent Commissioner. If his term of office as a Board of
guidelines and work rules (charter) of the risk monitoring            Commissioner ends, his term of office as a Member of the Risk
                                                                      Monitoring Committee will also end.



Structure, Membership, and Expertise of The Risk Monitoring Committee


            Name                           Position                            Information                         Expertise
                                                                Deputy President Commissioner/           Economics, Business
 Adiwarman A. Karim            Chairman (Concurrently Member)
                                                                Independent Commissioner                 Administration
                                                                President Commissioner/Independent       Economics, Public
 Muliaman D. Hadad             Member
                                                                Commissioner                             Administration, Finance
 Mohamad Nasir                 Member                           Independent Commissioner                 Accounting, Banking
 Komaruddin Hidayat            Member                           Independent Commissioner                 Education, Philosophy
 Felicitas Tallulembang        Member                           Independent Commissioner                 Management
 Suyanto                       Member                           Commissioner                             Islamic Banking, Finance
 Abu Rokhmad                   Member                           Commissioner                             Law, Islamic Banking




      PT Bank Syariah Indonesia Tbk
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            Name                              Position                                Information                 Expertise
Fauzi                           Member                                 Commissioner                     Management, Banking
Nazaruddin                      Member                                 Commissioner                     Management
Bowo Setiyono                   Member                                 Independent Party                Economics, Banking and Finance
Noor Anis                       Member                                 Independent Party                Mathematics, Banking


Risk Monitoring Committee Profile

                                                     Adiwarman A. Karim
  Chairman (Concurrently Member) of the Risk Monitoring Committee/Deputy President Commissioner/Independent Commissioner
The profile can be seen in the Board of Commissioners Profile section in this Annual Report.
Period and Term of Office: Following the Term of Office of the Board of Commissioners



                                                     Muliaman D. Hadad
                   Member of the Risk Monitoring Committee/President Commissioner/Independent Commissioner
The profile can be seen in the Board of Commissioners Profile section in this Annual Report.
Period and Term of Office: Following the Term of Office of the Board of Commissioners



                                                          Mohamad Nasir
                                 Member of the Risk Monitoring Committee/Independent Commissioner
The profile can be seen in the Board of Commissioners Profile section in this Annual Report.
Period and Term of Office: Following the Term of Office of the Board of Commissioners

                                                        Komaruddin Hidayat
                                 Member of the Risk Monitoring Committee/Independent Commissioner
The profile can be seen in the Board of Commissioners Profile section in this Annual Report.
Period and Term of Office: Following the Term of Office of the Board of Commissioners




                                                       Felicitas Tallulembang
                                 Member of the Risk Monitoring Committee/Independent Commissioner
The profile can be seen in the Board of Commissioners Profile section in this Annual Report.
Period and Term of Office: Following the Term of Office of the Board of Commissioners



                                                               Suyanto
                                         Member of the Risk Monitoring Committee/Commissioner
The profile can be seen in the Board of Commissioners Profile section in this Annual Report.
Period and Term of Office: Following the Term of Office of the Board of Commissioners



                                                             Abu Rokhmad
                                         Member of the Risk Monitoring Committee/Commissioner
The profile can be seen in the Board of Commissioners Profile section in this Annual Report.
Period and Term of Office: Following the Term of Office of the Board of Commissioners



                                                                 Fauzi
                                         Member of the Risk Monitoring Committee/Commissioner
The profile can be seen in the Board of Commissioners Profile section in this Annual Report.
Period and Term of Office: Following the Term of Office of the Board of Commissioners




                                                                                                    PT Bank Syariah Indonesia Tbk
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                                                               Nazaruddin
                                          Member of the Risk Monitoring Committee/Commissioner
 The profile can be seen in the Board of Commissioners Profile section in this Annual Report.
 Period and Term of Office: Following the Term of Office of the Board of Commissioners




                                                       Bowo Setiyono
                                                       Risk Monitoring Committee Member/Independent Party


                                                       Purworejo, November 5, 1975/Age 49 years as of December 2024




                                                       Educational Background
         Indonesian Citizen
                                                       • Bachelor of Economics, Faculty of Economics and Business, Gadjah Mada University
                                                         (1999)
                                                       • Master of Commerce, Banking and Finance University of New South Wales, Sydney,
         49 Years Old                                    Australia (2004)
                                                       • PhD degree Laboratoire d’Analyse et de Prospective Economiques (LAPE), Faculté
                                                         de Droit et des Sciences Economiques, Université de Limoges (2015

         Domicile at Yogyakarta,
         Indonesia
                                                       Certification
                                                       • Certified Risk Professional (CRP)
         Legal Basis of Appointment                    • Certified Financial Planner (CFP)
                                                       • Bank Risk Management 5 (LSP-KS)
         Fixed Term Employment                         • General Banking (LSPP)
         Agreement No. 04/016/HCP-                     • Certificate-International Risk Management & Wealth Management Refreshment
         PKWT dated February 1, 2024                     Program for Executives



                                                       Work Experience
                                                       • Risk Monitoring Committee of PT BRI Syariah Tbk (December 2019 – January
                                                         2021)
                                                       • Deputy Director of MBA FEB UGM (January 2016 – Present)
                                                       • Permanent Lecturer FEB UGM (January 2005 – Present)



                                                       Period and Term of Office
                                                       First Period: February 1, 2024 – December 31, 2024



                                                       Concurrent Positions
                                                       • Deputy Director of MBA FEB UGM (January 2016 – Present)
                                                       • Permanent Lecturer FEB UGM (January 2005 – Present




      PT Bank Syariah Indonesia Tbk
398 2024 Annual Report
Page 401
                                                  Noor Anis
                                                  Risk Monitoring Committee Member/ Independent Party


                                                  Kudus, August 11, 1964/age 60 years as of December 2024




                                                  Educational Background
       Indonesian Citizen
                                                  • Bachelor of Mathematics-Statistics, Bandung Institute of Technology (ITB) (1989)



       60 Years Old                               Certification
                                                  • Banking Risk Management Certification Level VI
                                                  • Islamic Finance Professional Certification Institute (LSPKS),
       Domicile at Depok, West Java,
       Indonesia
                                                  Work Experience
                                                  • Program Development Manager PT Prastika Praveena Bina Mandiri (2022-2023)
       Legal Basis of Appointment
                                                  • Group Head Strategy & Performance Management Group PT Bank Syariah Mandiri
                                                    (2015-2021)
       Fixed Term Employment
       Agreement No. 04/013/HCP-                  • Department Head Decision Support Corporate Banking PT Bank Mandiri (Persero)
       PKWT dated February 6, 2024                  Tbk (2010-2015)



                                                  Period and Term of Office
                                                  First Period: February 6, 2024 – February 5, 2026



                                                  Concurrent Positions
                                                  -


Education and Work Experience Qualification of Risk Monitoring Committee

Table of Educational and Work Experience Qualifications of the Risk Monitoring Committee
      Name                       Jabatan                           Education                                 Work Experience
                                                       •   Economic Engineer
                                                       •   Bachelor of Economics               Have experience in the financial and banking
 Adiwarman A. Karim   Chairman (Concurrently Member)   •   Master of Business Administration   sector
                                                       •   Master of Economics and
                                                           Economic Policy
                                                       •   Bachelor of Economics,
                                                           Development Studies                 Have experience in the financial and banking
 Muliaman D. Hadad    Member
                                                       •   Master of Public Administration     sector
                                                       •   Doctor of Philosophy
                                                       •   Bachelor of Accounting
                                                       •   Master of Science in Accounting     Have experience in the fields of government,
 Mohamad Nasir        Member
                                                       •   Doctor of Philosophy (Ph.D) in      education and banking
                                                           Accounting




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          Name                       Jabatan                           Education                                Work Experience
                                                          •   Bachelor of Usuluddin
                                                          •   Master of Philosophy
 Komaruddin Hidayat                  Member                                                       Have experience in education and banking
                                                          •   Doctor of Philosophy
                                                          •   Post-Doctorate Research Program
 Felicitas
                                     Member               Bachelor of Medicine                    Have experience in the health sector
 Tallulembang
 Suyanto                             Member               Bachelor of Medicine                    Have experience in government sector
                                                          •   Bachelor of Sharia/Islamic Civil
                                                              Law
 Abu Rokhmad                         Member                                                       Have experience in education
                                                          •   Master of Religion
                                                          •   Doctor of Law
 Fauzi                               Member               Bachelor of Management                  Have experience in banking
 Nazaruddin                          Member               Bachelor of Management                  Have experience in banking
                                                          •    Bachelor of Economics
                                                          •   Master of Commerce, Banking
                                                              and Finance
 Bowo Setiyono                       Member                                                       Have experience in education
                                                          •   PhD degree Laboratoire d'Analyse
                                                              et de Prospective Economiques
                                                              (LAPE)
 Noor Anis                           Member               Bachelor of Mathematics-Statistics      Have experience in banking



Independence Of The Risk Monitoring Committee

Table of Independence of the Risk Monitoring Committee
Independence        Adiwarman    Muliaman      Mohamad   Komaruddin      Felicitas                  Abu                Nazar       Bowo      Noor
                                                                                        Suyanto               Fauzi
   Aspect            A. Karim    D. Hadad       Nasir      Hidayat     Tallulembang               Rokhmad              uddin      Setiyono   Anis
Has no financial
relationship
with the
                        √            √            √           √               √             √        √         √         √           √        √
Board of
Commissioners
and Directors
Has no
management
relationships in
the company,            √            √            √           √               √             √        √         √         √           √        √
subsidiaries
or affiliated
companies
Has no share
ownership
                        √            √            √           √               √             √        √         √         √           √        √
relationship in
the company
Has no family
relationship
with the
Board of
Commissioners,
Board of                √            √            √           √               √             √        √         √         √           √        √
Directors,
and/or fellow
members of the
Risk Monitoring
Committee
Not serving as
a political party
administrator,
                        √            √            √           √               √             √        √         √         √           √        √
official or
government
official




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Page 403
Competency Development Program for Risk Monitoring Committee


                                                     Types of Training and
                                                                                          Time and Place of
        Name                  Position              Development Materials                                                  Organizer
                                                                                           Implementation
                                                     Competence/Training
                     Chairman (Concurrently   Education and/or Training can be seen in the education and/or training section of the
Adiwarman A. Karim
                     Member)                  Members of the Board of Commissioners.
                                              Education and/or Training can be seen in the education and/or training section of the
Muliaman D. Hadad    Member
                                              Members of the Board of Commissioners.
                                              Education and/or Training can be seen in the education and/or training section of the
Mohamad Nasir        Member
                                              Members of the Board of Commissioners.
                                              Education and/or Training can be seen in the education and/or training section of the
Komaruddin Hidayat   Member
                                              Members of the Board of Commissioners.
Felicitas                                     Education and/or Training can be seen in the education and/or training section of the
                     Member
Tallulembang                                  Members of the Board of Commissioners.
                                              Education and/or Training can be seen in the education and/or training section of the
Suyanto              Member
                                              Members of the Board of Commissioners.
                                              Education and/or Training can be seen in the education and/or training section of the
Abu Rokhmad          Member
                                              Members of the Board of Commissioners.
                                              Education and/or Training can be seen in the education and/or training section of the
Fauzi                Member
                                              Members of the Board of Commissioners.
                                              Education and/or Training can be seen in the education and/or training section of the
Nazaruddin           Member
                                              Members of the Board of Commissioners.
                                              Top Executive Learning Program (TELP)
                                                                                         Jakarta, February 26,     Bank Syariah Indonesia
                                              - Series II 2024
                                                                                         2024                      University
                                              Theme: Leadership Transformation
                                              One Day Workshop for Commissioners
                                                                                                                   Bank Syariah Indonesia
                                              & Commissioners' Apparatus of PT           Jakarta, March 4, 2024
                                                                                                                   University and IBI
                                              Bank Syariah Indonesia, Tbk
                                                                                         Jakarta, July 10-11,
                                              BSMR Level V Certification Equivalency                               ASBISINDO
                                                                                         2024
                                              Risk Management Certification Level V      Jakarta, July 31, 2024    LSPKS
                                              Webinar “EV Insurance, International
                                                                                         Jakarta, October 31,
                                              Best Practice for Innovation of New                                  OJK Institute
                                                                                         2024
                                              Energy Products and Services
                                              Webinar “The Future of Data Analytics
                                                                                         Jakarta, September 12,
                                              in the Financial Industry: Trends and                                OJK Institute
                                                                                         2024
                                              Innovations”
                                              the 10th Indonesian Finance
                                              Association (IFA) Conference on            Jakarta, October 10,
                                                                                                                   IFA, OJK, KSEI, IDX
                                              “Sustainable Finance and its Roles in      2024
Bowo Setiyono        Member                   Shaping Emerging Capital Markets”
                                              Webinar “How to Prevent Accounting
                                                                                         Jakarta, May 2, 2024      OJK Institute
                                              Fraud in Financial Sector”
                                              Webinar “Opportunities and Challenges
                                                                                         Jakarta, April 25, 2024   OJK Institute
                                              of Open Finance in Indonesia”
                                              Webinar “Strategy to Accelerate Sharia     Jakarta, March 21,
                                                                                                                   OJK Institute
                                              Financial Market Share”                    2024
                                              Webinar “Opportunities and Challenges      Jakarta, March 14,
                                                                                                                   OJK Institute
                                              of Digital Assets in Indonesia”            2024
                                              Webinar “Artificial Intelligence Changes   Jakarta, March 07,
                                                                                                                   OJK Institute
                                              the Face of Financial Sector”              2024
                                              Diseminasi Riset “The Greenwashing         Jakarta, December 05,     OJK Institute & UN -
                                              Trap: How to Build Public Awareness”       2024                      Environment Programme
                                              Top Executive Learning Program (TELP)
                                              - Desember 2024
                                                                                         Jakarta, December 17,     Bank Syariah Indonesia
                                              Theme : Execution Matters
                                                                                         2024                      University
                                              Speaker : Bpk Zulkifli Zaini (Komisaris
                                              PTPN III)




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                                                        Types of Training and
                                                                                           Time and Place of
       Name                    Position                Development Materials                                               Organizer
                                                                                            Implementation
                                                        Competence/Training
                                                 Top Executive Learning Program (TELP)
                                                 - Series II 2024                         Jakarta, February 26,    Bank Syariah Indonesia
                                                 Theme :                                  2024                     University
                                                 Leadership Transformation
                                                 One Day Workshop for Commissioners
                                                                                                                   Bank Syariah Indonesia
                                                 & Commissioners' Apparatus of PT         Jakarta, March 4, 2024
                                                                                                                   University and IBI
                                                 Bank Syariah Indonesia, Tbk
                                                 Certification Equivalency of BSMR        Jakarta, July 10-11,
                                                                                                                   ASBISINDO
                                                 Level V                                  2024
                                                 Risk Management Certification Level V    Jakarta, July 31, 2024   LSPKS
                                                 Webinar “The Future of Data Analytics
                                                                                          Jakarta, September 12,
                                                 in the Financial Industry: Trends and                             OJK Institute
 Noor Anis           Member                                                               2024
                                                 Innovations”
                                                                                          Jakarta, November 7,
                                                 Book Review - Bank Cyber Security                                 OJK Institute
                                                                                          2024
                                                 Seminar - Financial Services Technical
                                                 Update: PMK 74/2024 - Allowance
                                                                                          Jakarta, November 12,
                                                 for Doubtful Accounts - Discussion on                             PwC Indonesia
                                                                                          2024
                                                 Impact on Banking and Multi Finance
                                                 Businesses
                                                 Seminar - Anti-Fraud Transformation
                                                 in the Digital Era: Integration of AI
                                                                                          Jakarta, November 26,
                                                 Technology and Compliance with OJK                                PwC Indonesia
                                                                                          2024
                                                 Regulation 12/2024 and 15/2024 for
                                                 Financial Institutions


Risk Monitoring Committee Meeting

RISK MONITORING COMMITTEE MEETING POLICY


According to the Risk Monitoring Committee Charter issued through the Decree of the Board of Commissioners of PT Bank Syariah
Indonesia Tbk No.04/KEP-KOM/001/2024, the following are the policies of the Risk Monitoring Committee Meetings, among others:
1. The Risk Monitoring Committee holds regular meetings at least 1 (one) time in 1 (one) month.
2. The Risk Monitoring Committee meetings can only be held if attended by at least 51% (fifty-one percent) of the committee members,
    including 1 (one) Independent Commissioner and 1 (one) Independent Non-Commissioner.
3. Decisions of the Risk Monitoring Committee meetings are made by means of deliberation to reach a consensus.
4. If no consensus is reached, the decision shall be made based on a majority vote.
5. The meeting is chaired by the Chairman of the Risk Monitoring Committee or a designated member if the Chairman of the Risk
    Monitoring Committee is absent.
6. Each meeting of the Risk Monitoring Committee shall be recorded in the minutes, including any dissenting opinions, signed by all
    members of the Committee present, and submitted to the Board of Commissioners.
7. Meetings can be conducted either face-to-face or virtually via teleconferencing media or other media facilities that allow all
    participants of the Committee Meeting to see and/or hear each other directly and participate in the meeting.




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MEETING AGENDA OF THE RISK MONITORING COMMITTEE


Table of Risk Monitoring Committee Meeting Agenda
 No.         Date                                            Agenda                                            Meeting participants
                                                                                                          1. Muliaman Dharmansyah Hadad
                                                                                                          2. Adiwarman Azwar Karim
                                                                                                          3. Suyanto
                                                                                                          4. Abu Rokhmad
                           Evaluation of the 2023 HR Fulfillment and Development Progress Report and      5. Imam Budi Sarjito
  1    January 26, 2024
                           the 2024 HR Program Plan                                                       6. Sutanto
                                                                                                          7. Komaruddin Hidayat
                                                                                                          8. Mohamad Nasir
                                                                                                          9. Bowo Setiyono
                                                                                                          10. Noor Anis
                                                                                                          1. Muliaman Dharmansyah Hadad
                                                                                                          2. Adiwarman Azwar Karim
                                                                                                          3. Suyanto
                                                                                                          4. Abu Rokhmad
                                                                                                          5. Imam Budi Sarjito
  2    February 21, 2024   AML-CTF Report 2023
                                                                                                          6. Sutanto
                                                                                                          7. Komaruddin Hidayat
                                                                                                          8. Mohamad Nasir
                                                                                                          9. Bowo Setiyono
                                                                                                          10. Noor Anis
                                                                                                          1. Muliaman Dharmansyah Hadad
                                                                                                          2. Adiwarman Azwar Karim
                                                                                                          3. Suyanto
                                                                                                          4. Abu Rokhmad
                           DymFK Compliance Implementation Report (Director in Charge of Compliance       5. Imam Budi Sarjito
  3    February 21, 2024
                           Function) for Quarter IV of 2023                                               6. Sutanto
                                                                                                          7. Komaruddin Hidayat
                                                                                                          8. Mohamad Nasir
                                                                                                          9. Bowo Setiyono
                                                                                                          10. Noor Anis
                                                                                                          1. Muliaman Dharmansyah Hadad
                                                                                                          2. Adiwarman Azwar Karim
                                                                                                          3. Suyanto
                                                                                                          4. Abu Rokhmad
                           Proposed Threshold (Authority Limits of the Board of Directors Requiring the   5. Imam Budi Sarjito
  4    February 21, 2024
                           Board of Commissioners’ Approval)                                              6. Sutanto
                                                                                                          7. Komaruddin Hidayat
                                                                                                          8. Mohamad Nasir
                                                                                                          9. Bowo Setiyono
                                                                                                          10. Noor Anis
                                                                                                          1. Muliaman Dharmansyah Hadad
                                                                                                          2. Adiwarman Azwar Karim
                                                                                                          3. Suyanto
                                                                                                          4. Abu Rokhmad
                                                                                                          5. Imam Budi Sarjito
  5    February 29, 2024   Bank’s Soundness Level for Semester II of 2023
                                                                                                          6. Sutanto
                                                                                                          7. Komaruddin Hidayat
                                                                                                          8. Mohamad Nasir
                                                                                                          9. Bowo Setiyono
                                                                                                          10. Noor Anis
                                                                                                          1. Muliaman Dharmansyah Hadad
                                                                                                          2. Adiwarman Azwar Karim
                                                                                                          3. Suyanto
                                                                                                          4. Abu Rokhmad
                                                                                                          5. Imam Budi Sarjito
  6    March 20, 2024      Fulfillment and Development Progress of Islamic Ecosystem 2024
                                                                                                          6. Sutanto
                                                                                                          7. Komaruddin Hidayat
                                                                                                          8. Mohamad Nasir
                                                                                                          9. Bowo Setiyono
                                                                                                          10. Noor Anis




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 No.            Date                                            Agenda                                         Meeting participants
                                                                                                          1. Muliaman Dharmansyah Hadad
                                                                                                          2. Adiwarman Azwar Karim
                                                                                                          3. Suyanto
                                                                                                          4. Abu Rokhmad
                              Updates on the Preparation and/or Revision of Policies and Procedures or    5. Imam Budi Sarjito
  7      April 25, 2024
                              Updates on Risk Measurement & Mitigation Methods (As of March 2024)         6. Sutanto
                                                                                                          7. Komaruddin Hidayat
                                                                                                          8. Mohamad Nasir
                                                                                                          9. Bowo Setiyono
                                                                                                          10. Noor Anis
                                                                                                          1. Muliaman Dharmansyah Hadad
                                                                                                          2. Adiwarman Azwar Karim
                                                                                                          3. Suyanto
                                                                                                          4. Abu Rokhmad
                              Updates on Regulation or Revision of Policies and Procedures (As of March   5. Imam Budi Sarjito
  8      May 3, 2024
                              2024)                                                                       6. Sutanto
                                                                                                          7. Komaruddin Hidayat
                                                                                                          8. Mohamad Nasir
                                                                                                          9. Bowo Setiyono
                                                                                                          10. Noor Anis
                                                                                                          1. Muliaman Dharmansyah Hadad
                                                                                                          2. Adiwarman Azwar Karim
                                                                                                          3. Suyanto
                                                                                                          4. Abu Rokhmad
                                                                                                          5. Imam Budi Sarjito
  9      May 30, 2024         AML-CTF Report for Quarter I of 2024
                                                                                                          6. Sutanto
                                                                                                          7. Komaruddin Hidayat
                                                                                                          8. Mohamad Nasir
                                                                                                          9. Bowo Setiyono
                                                                                                          10. Noor Anis
                                                                                                          1. Muliaman Dharmansyah Hadad
                                                                                                          2. Adiwarman Azwar Karim
                                                                                                          3. Suyanto
                                                                                                          4. Abu Rokhmad
                              DymFK Compliance Implementation Report (Director in Charge of Compliance    5. Imam Budi Sarjito
 10      May 30, 2024
                              Function) for Quarter I of 2024                                             6. Sutanto
                                                                                                          7. Komaruddin Hidayat
                                                                                                          8. Mohamad Nasir
                                                                                                          9. Bowo Setiyono
                                                                                                          10. Noor Anis
                                                                                                          1. Muliaman Dharmansyah Hadad
                                                                                                          2. Adiwarman Azwar Karim
                                                                                                          3. Suyanto
                                                                                                          4. Abu Rokhmad
                                                                                                          5. Imam Budi Sarjito
 11      June 13, 2024        Updates on Financing Growth and FAR Control of Wholesale Segment 2024
                                                                                                          6. Sutanto
                                                                                                          7. Komaruddin Hidayat
                                                                                                          8. Mohamad Nasir
                                                                                                          9. Bowo Setiyono
                                                                                                          10. Noor Anis
                                                                                                          1. Muliaman Dharmansyah Hadad
                                                                                                          2. Adiwarman Azwar Karim
                                                                                                          3. Suyanto
                                                                                                          4. Abu Rokhmad
                              The HR Fulfillment and Development Progress Report for Quarter I of 2024    5. Imam Budi Sarjito
 12      June 27, 2024
                              and the Implementation Progress of One Culture                              6. Sutanto
                                                                                                          7. Komaruddin Hidayat
                                                                                                          8. Mohamad Nasir
                                                                                                          9. Bowo Setiyono
                                                                                                          10. Noor Anis




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404 2024 Annual Report
Page 407
No.          Date                                            Agenda                                       Meeting participants
                                                                                                     1. Muliaman Dharmansyah Hadad
                                                                                                     2. Adiwarman Azwar Karim
                                                                                                     3. Suyanto
                                                                                                     4. Abu Rokhmad
                                                                                                     5. Imam Budi Sarjito
13    July 11, 2024        Updates on Market & Research
                                                                                                     6. Sutanto
                                                                                                     7. Komaruddin Hidayat
                                                                                                     8. Mohamad Nasir
                                                                                                     9. Bowo Setiyono
                                                                                                     10. Noor Anis
                                                                                                     1. Muliaman Dharmansyah Hadad
                                                                                                     2. Adiwarman Azwar Karim
                                                                                                     3. Suyanto
                                                                                                     4. Abu Rokhmad
                                                                                                     5. Imam Budi Sarjito
14    July 25, 2024        Strategies for Retail Growth and FAR Control
                                                                                                     6. Sutanto
                                                                                                     7. Komaruddin Hidayat
                                                                                                     8. Mohamad Nasir
                                                                                                     9. Bowo Setiyono
                                                                                                     10. Noor Anis
                                                                                                     1. Muliaman Dharmansyah Hadad
                                                                                                     2. Adiwarman Azwar Karim
                                                                                                     3. Suyanto
                                                                                                     4. Abu Rokhmad
                                                                                                     5. Imam Budi Sarjito
15    August 15, 2024      Report of Bank’s Soundness Level for Semester I of 2024
                                                                                                     6. Sutanto
                                                                                                     7. Komaruddin Hidayat
                                                                                                     8. Mohamad Nasir
                                                                                                     9. Bowo Setiyono
                                                                                                     10. Noor Anis
                                                                                                     1. Muliaman Dharmansyah Hadad
                                                                                                     2. Adiwarman Azwar Karim
                                                                                                     3. Suyanto
                                                                                                     4. Abu Rokhmad
                           AML-CTF Report for Semester I of 2024 and DymFK Compliance
                                                                                                     5. Imam Budi Sarjito
16    September 11, 2024   Implementation Report (Director in Charge of Compliance Function) for
                                                                                                     6. Sutanto
                           Semester I of 2024 (Rescheduled to August 22)
                                                                                                     7. Komaruddin Hidayat
                                                                                                     8. Mohamad Nasir
                                                                                                     9. Bowo Setiyono
                                                                                                     10. Noor Anis
                                                                                                     1. Muliaman Dharmansyah Hadad
                                                                                                     2. Adiwarman Azwar Karim
                                                                                                     3. Suyanto
                                                                                                     4. Abu Rokhmad
                                                                                                     5. Imam Budi Sarjito
17    September 19, 2024   Evaluation of Business Model Performance and FBI Improvement Strategy
                                                                                                     6. Sutanto
                                                                                                     7. Komaruddin Hidayat
                                                                                                     8. Mohamad Nasir
                                                                                                     9. Bowo Setiyono
                                                                                                     10. Noor Anis
                                                                                                     1. Muliaman Dharmansyah Hadad
                                                                                                     2. Adiwarman Azwar Karim
                                                                                                     3. Suyanto
                                                                                                     4. Abu Rokhmad
                           Deepening the Handling of High Risk Accounts in the Wholesale, OTO, and   5. Imam Budi Sarjito
18    September 26, 2024
                           Griya Segments                                                            6. Sutanto
                                                                                                     7. Komaruddin Hidayat
                                                                                                     8. Mohamad Nasir
                                                                                                     9. Bowo Setiyono
                                                                                                     10. Noor Anis




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 No.            Date                                           Agenda                                           Meeting participants
                                                                                                           1. Muliaman Dharmansyah Hadad
                                                                                                           2. Adiwarman Azwar Karim
                                                                                                           3. Suyanto
                                                                                                           4. Abu Rokhmad
                              Evaluation of the Risk Management Committee’s and Risk Management            5. Imam Budi Sarjito
 19      October 17, 2024
                              Business Unit’s Performance                                                  6. Sutanto
                                                                                                           7. Komaruddin Hidayat
                                                                                                           8. Mohamad Nasir
                                                                                                           9. Bowo Setiyono
                                                                                                           10. Noor Anis
                                                                                                           1. Muliaman Dharmansyah Hadad
                                                                                                           2. Adiwarman Azwar Karim
                                                                                                           3. Suyanto
                                                                                                           4. Abu Rokhmad
                                                                                                           5. Imam Budi Sarjito
 20      October 30, 2024     Approval of the Recovery Plan & Resolution Plan 2024
                                                                                                           6. Sutanto
                                                                                                           7. Komaruddin Hidayat
                                                                                                           8. Mohamad Nasir
                                                                                                           9. Bowo Setiyono
                                                                                                           10. Noor Anis
                                                                                                           1. Muliaman Dharmansyah Hadad
                                                                                                           2. Adiwarman Azwar Karim
                                                                                                           3. Suyanto
                                                                                                           4. Abu Rokhmad
                                                                                                           5. Imam Budi Sarjito
 21      November 8, 2024     Evaluation of the Marketing Communication Performance
                                                                                                           6. Sutanto
                                                                                                           7. Komaruddin Hidayat
                                                                                                           8. Mohamad Nasir
                                                                                                           9. Bowo Setiyono
                                                                                                           10. Noor Anis
                                                                                                           1. Muliaman Dharmansyah Hadad
                                                                                                           2. Adiwarman Azwar Karim
                                                                                                           3. Suyanto
                                                                                                           4. Abu Rokhmad
                                                                                                           5. Imam Budi Sarjito
 22      November 21, 2024    Network Evaluation and Strategy 2024 - 2025
                                                                                                           6. Sutanto
                                                                                                           7. Komaruddin Hidayat
                                                                                                           8. Mohamad Nasir
                                                                                                           9. Bowo Setiyono
                                                                                                           10. Noor Anis
                                                                                                           1. Muliaman Dharmansyah Hadad
                                                                                                           2. Adiwarman Azwar Karim
                                                                                                           3. Suyanto
                                                                                                           4. Abu Rokhmad
                                                                                                           5. Imam Budi Sarjito
 23      December 12, 2024    HR Development Strategy to Support RBB 2025-2027
                                                                                                           6. Sutanto
                                                                                                           7. Komaruddin Hidayat
                                                                                                           8. Mohamad Nasir
                                                                                                           9. Bowo Setiyono
                                                                                                           10. Noor Anis
                                                                                                           1. Muliaman Dharmansyah Hadad
                                                                                                           2. Adiwarman Azwar Karim
                                                                                                           3. Suyanto
                                                                                                           4. Abu Rokhmad
                              Updates on Regulation/Revision of Policies and Procedures (As of December
                                                                                                           5. Imam Budi Sarjito
 24      December 12, 2024    2024) – OJK Regulation No. 17, Bullion Bank, OJK Regulation No. 15, IcoFR,
                                                                                                           6. Sutanto
                              Write-off.
                                                                                                           7. Komaruddin Hidayat
                                                                                                           8. Mohamad Nasir
                                                                                                           9. Bowo Setiyono
                                                                                                           10. Noor Anis




       PT Bank Syariah Indonesia Tbk
406 2024 Annual Report
Page 409
FREQUENCY AND ATTENDANCE LEVEL OF RISK MONITORING COMMITTEE MEETINGS


Table of Risk Monitoring Committee Meeting Attendance Levels
                                                                           Risk Monitoring Committee Meeting
                                                                          Number and Percentage of Attendance
              Name                     Position
                                                                                      Number of
                                                         Number of Meetings                                     Percentage
                                                                                      Attendance
 Muliaman Dharmansyah
                                       Chairman                   24                       24                      100%
 Hadad

 Adiwarman Azwar Karim                 Member                     24                       24                      100%

 Suyanto                               Member                     24                       24                      100%

 Abu Rokhmad                           Member                     24                       21                       88%

 Imam Budi Sarjito*                    Member                      8                       8                       100%

 Sutanto*                              Member                      8                       8                       100%

 Komaruddin Hidayat                    Member                     24                       24                      100%

 Mohamad Nasir                         Member                     24                       24                      100%

 Felicitas Tallulembang**              Member                     15                       15                      100%

 Bowo Setiyono                         Member                     24                       24                      100%

 Noor Anis                             Member                     24                       23                       96%

*Stopped serving as of May 31, 2024
**Starting serving from May 31, 2024


Risk Monitoring Committee’s Work Program and Implementation of Duties In 2024

Throughout 2024, the Risk Monitoring Committee performed its duties and responsibilities effectively. The Risk Monitoring Committee
held 24 (twenty four) meetings and carried out its duties, which included, among others:
1. Evaluating the alignment of risk management policies with the implementation of the Bank’s policies;
2. Monitoring and evaluating the implementation of duties by the Risk Monitoring Committee and Risk Management Business Unit;
3. Supervising and evaluating the results of the Bank’s Soundness Level Report on a semesterly basis;
4. Supervising and evaluating the results of Compliance Implementation Reports, which included:
    a. Report on the Implementation of Duties & Responsibilities of the Director in charge of Compliance Function/Compliance
        Report,
    b. Report on Integrated Compliance & Integrated Governance,
    c. Report on AML-CTF;
5. Supervising and evaluating the strategy of Human Resource Development
6. Supervising report on Recovery & Resolution Plan
7. Supervising the risk of proposed corporate actions or other actions, such as the Threshold proposal (the Board of Directors’
    Authority Limit that Requires the Board of Commissioners’ Approval).




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                                                                                                          2024 Annual Report
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CORPORATE
GOVERNANCE




Organs and Committees under the Board of                                              Company Secretary Structure
Directors
                                                                                      The Corporate Secretary responsible directly to the Director of
Company Secretary                                                                     Compliance & Human Capital. In carrying out its functions and
                                                                                      duties, the Corporate Secretary organization is divided into 6
The Corporate Secretary plays an important role in representing                       (six) areas of activity, namely:
the company’s interests to shareholders, regulators, and other                        1. The Bank’s activities as a public company, including
stakeholders. This role’s primary goal is to foster effective                              implementing corporate governance, especially those
communication while also maintaining BSI’s image. Therefore,                               related to capital market regulations.
the Bank has appointed a Corporate Secretary, as mandated                             2. Corporate Communication Activities.
by Financial Services Authority (OJK) Regulation No. 35/                              3. Secretarial Activities.
POJK.04/2014 on Corporate Secretaries of Issuers or Public                            4. Stakeholder Management Activities.
Companies. According to these regulations, its primary                                5. Corporate Social Responsibility Activities.
functions include advising the Board of Directors and Board of                        6. Bank Management Activities.
Commissioners on how to comply with capital market laws and
regulations, as well as acting as a liaison between the Bank and                      In order to carry out these activities, the Corporate Secretary has
its stakeholders.                                                                     several departments under it. The Corporate Secretary continues
                                                                                      to coordinate and supervise the implementation of the functions
                                                                                      and duties of each department directly.




                                                                   Corporate Secretary &
                                                                      Communication


                                                                                           Secretary




      Corporate                                    Capital                                                                   Corporate
                          Corporate Social                                     Corporate                 Office of the
    Communication                              Market Regulation                                                            Stakeholder
                                                                                Affairs                     Board
                                                  Assurance                                                                 Management


                                                                                                                                                     CSG Operation


        Corporate
                          Media &                                                           Corporate Event
        Branding                                  Zakat                Reporting &                                         Corporate
                       Communication                                                         & Secretariat
        & Content                            Implementation              Policy                                           Management
                                                                                             Management
       Development                                                                                                                                        CSG Operations


       Corporate                                 Infaq &                                                Corporate                                        Staff
                          Internal                                       Regulatory
       Branding &                              Social Fund                                                Event             Board
                       Communication                                     Compliance
      Sponshorship                           Implementation                                                               Operations
                                                                                                                                                     Stakeholder
                                                                                                                  Staff                              Planning &
                                                                                                                                                     Monitoring
        External           Media                                                                       Document &
     Communication        Relation           Staff                   Staff                                                        Board
                                                                                                        Secretariat                              Staff
                                                                                                       Management               Operations


        Content          Literacy &                                                                               Staff          Staff
      Development         Inclusion
                                                                                              Integrated
                                                                                               Security                     Board
      Staff            Staff                                                                 Management                    Support


                                                                                                          Staff
                                                                                                                                     Executive
     Social Media &                                                                                                                  Secretary
     Situation Room
                                                                                                                               Board Support Staff

                                                                                                                               Board Secretary


                                                                                                                             Board
                                                                                                                          Administration




     PT Bank Syariah Indonesia Tbk
408 2024 Annual Report
Page 411
Functions, Duties and Responsibilities of The Company                     c.Become a liaison between the Bank and external parties
Secretary                                                                   representing the community.
                                                                         d. Follow market developments and external conditions of
In carrying out its functions and duties, the Corporate Secretary           the Bank, especially applicable regulations in the field of
is guided by the Corporate Secretary Policies and Standard                  sharia banking or sharia industry issues in general.
Procedures. The duties and responsibilities set by the Bank are:         e. Direct the preparation of marketing media tools and
1. Compliance Governance                                                    communications that are effective and right on target.
    a. Host the General Meeting of Shareholders.                         f. Manage stakeholders and organize several activities
    b. Ensure the functioning of the Board of Commissioners,                aimed at information disclosure, such as public exposure.
         Board of Directors, Committees and SSB as well as the           g. Establish good relations with the mass media to gain
         supporting staff below them.                                       public understanding about the company in order to
    c. Prepare a list of shareholders, a special list of members            create a positive image and reputation.
         of the Board of Directors, Board of Commissioners and           h. Provide education, socialization and sharia banking
         their families in share ownership, business relationships          literacy to the public.
         and other roles that could give rise to a conflict of        3. Corporate Branding and Sustainable Finance
         interest.                                                       a. Maintain and improve the reputation through
    d. Attend and prepare minutes of meetings of the Board of               consistency and standardization in the implementation
         Directors and Board of Commissioners.                              of the Bank’s Corporate Identity.
    e. Provide input to the Bank’s Board of Directors to                 b. Prepare and coordinate the preparation of the
         implement applicable regulations/laws regarding the                Sustainable Financial Action Plan (RAKB), RAKB Report,
         Company, sharia securities, sharia banking shares,                 and Sustainability Report in accordance with the format
         capital markets and their implementing regulations.                determined by the regulator, to build, maintain and
    f. Direct the presentation of transparency publications in              develop the company’s image.
         accordance with banking and capital market regulations.         c. Communicate the RAKB to shareholders and all
         - Submit reports to regulators and the public in the               organizations in the Bank.
             form of periodic and incidental reports.                    d. Prepare monitoring and reviews of the implementation
         - Monitor Bank correspondence by: Provide linguistic               of sustainable financial programs to be reported
             advice/review of Bank corporate documents.                     periodically to the Board of Directors.
         - Manage documents, especially corporate documents              e. Publicize sustainable financial activities or actions to
             including managing archive centers.                            increase awareness and a positive image of the Bank
         - Maintain and coordinate document management                      in various communication channels, including print,
             activities for the head office, regional office, area/         electronic, video, etc. media.
             branch office or other outlets and provide advice           f. Maintain and coordinate CSR activities, ensuring its
             regarding the management of the documents in                   compliance with the Bank’s Corporate Planning program
             question.                                                      as a form of social responsibility.
2. Corporate Communications Governance                                   g. Implement business-related RAKB programs.
    a. Establish a communication strategy in order to increase           h. Effectively manage corporate branding and RAKB to
         the Bank’s positive reputation.                                    optimally contribute for the improvement of stakeholder
    b. Create a strategy for disseminating information to                   and shareholder positive perceptions, increase brand
         internal and external stakeholders, including conveying            equity, and boost the bank’s awareness and business.
         Bank programs and activities as well as managing issue
         and crisis management through reporting.




                                                                                                    PT Bank Syariah Indonesia Tbk
                                                                                                             2024 Annual Report
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Page 412
CORPORATE
GOVERNANCE




Company Secretary Profile




                                     Wisnu Sunandar
                                     Company Secretary


                                     Jakarta, October 1, 1978, age 46 years as of December 2024




                                     Educational Background
       Indonesian Citizen
                                     • Magister Management, Prasetiya Mulya Business School (2012-2014)
                                     • Bachelor of Engineering, University of Indonesia (1997-2003)

       46 years old
                                     Certification
                                     Risk Management Level 4
       Domiciled in Jakarta,
       Indonesia
                                     Work Experience
                                     • Regional CEO I Aceh PT Bank Syariah Indonesia, Tbk (2021-2024)
       Legal Basis of Appointment
                                     • Regional CEO II Medan PT Bank Syariah Indonesia, Tbk (2021)
                                     • Regional CEO I Medan PT. Bank Syariah Mandiri (2020-2021)
       Decree No. 04/112-KEP/DIR
       dated March 20, 2024          • Regional CEO VII Banjarmasin PT Bank Syariah Mandiri (2018-2020)
                                     • Area Manager Area Medan Ahmad Yani PT Bank Syariah Mandiri (2015-2018)
                                     • Deputy Group Head Consumer Finance Group PT Bank Syariah Mandiri (2015)


                                     Educational Background
                                     • Magister Management, Prasetiya Mulya Business School (2012-2014)
                                     • Bachelor of Engineering, University of Indonesia (1997-2003)



                                     Concurrent Positions
                                     -



                                     Affiliate Relationship
                                     -




     PT Bank Syariah Indonesia Tbk
410 2024 Annual Report
Page 413
Company Secretary Competence Improvement Program


        Types of Training and Development Materials                     Time and Place of
                                                                                                                 Organizer
                    Competence/Training                                  Implementation
 Top Executive Learning Program Series 2                             Jakarta, February 26, 2024                 Internal Bank
 Knowledge Sharing Forum (KSF) “Sharping Your Branding In Sharia      Jakarta, March 14, 2024                   Internal Bank
 Banking Leadership”
 Workshop Penyusunan Kertas Kerja Standarisasi Branding BSI           Jakarta, March 26, 2024                   Internal Bank
 Personal Colour & Style Analysis                                       Jakarta, June 4, 2024                   Internal Bank
 Innovation Vol 2 Innovate or Evaporate                                 Jakarta, July 25, 2024                  Internal Bank
 Webinar Series 2 BYOND by BSI Update                                Jakarta, November 14, 2024                 Internal Bank
 Top Executive Learning Program Series 3                             Jakarta, December 17, 2024                 Internal Bank


Implementation of Duties of The Corporate Secretary                   Internal Audit Business Unit
In 2024
                                                                      The Internal Audit Unit (IAU) performs the Internal Audit
Throughout the 2024 financial year, the Corporate Secretary has       function through independent and objective assurance and
carried out the functions and duties, the details of which are as     consulting activities to provide added value and improvement
follows:                                                              recommendations for the Bank’s operations. These activities are
1. Organize and document the Annual General Meeting of                carried out using a systematic, risk-based approach by evaluating
     Shareholders.                                                    performance, adequacy, and effectiveness of risk management,
2. Hold, attend and prepare minutes of Board of Directors             internal controls, and the Bank’s governance processes."
     meetings including joint meetings of the Board of Directors
     with the Board of Commissioners and the Sharia Supervisory       Internal Audit Organizational Structure
     Board.
3. Prepare information on the list of shareholders, a special         Structure and position of the Internal Audit in the Organization
     list of members of the Board of Directors, Board of              of the Internal Audit Business Unit (SKAI) in fulfilling its duties
     Commissioners, and their families in share ownership,            and functions is led by the Senior Executive Vice President
     business relationships, and other roles that may give rise to    (SEVP) of the Internal Audit which oversees 3 (three) groups and
     conflicts of interest.                                           2 (two) departments with specialization of duties on:
4. Carry out the Bank’s compliance function with respect to           1. Wholesale & Corporate Center Group
     the capital market.                                                  a. Wholesale & Treasury Banking Audit
5. Disclose information to the public in accordance with                  b. Finance, Strategy & Procurement Audit
     applicable laws and regulations.                                     c. Risk, Compliance & Human Capital Audit
6. Documentation of Bank legality data, including the GMS                 d. Audit Policy & Development Audit
     deed, deed of Amendment to the Articles of Association,          2. Retail, Distribution & Digital Banking Audit
     deed of Change in Management Composition, company                    a. Retail Banking Audit
     domicile certificate, and other legal documents.                     b. Distribution, Strategy & Funding Audit
7. Administer and distribute all incoming letters addressed to            c. Digital Transaction Banking Audit
     BSI or the relevant Work Unit for follow-up.                         d. Audit Counterpart & Support
8. Organizing corporate events and/or participating in events         3. IT Audit
     held by third parties in the form of sponsorship.                    a. IT Strategy, Development & Governance Audit
9. Organizing events with the media.                                      b. IT Operation & Infrastructure Audit
10. Issue a press release.                                                c. IT Security Audit
11. Hold sharia financial education, literacy and inclusion               d. Audit MIS & Data Analytics
     activities.                                                      4.	 Investigation Audit Department
12. Prepare a Sustainable Financial Action Plan for 2020 in           5. Audit Quality Assurance
     accordance with POJK No. 51 of 2017 which has been
     submitted to the OJK. Sustainable finance is related to
     business, which includes: products and services, governance,
     and capacity building. The priority business sectors are
     education, health and infrastructure (especially government
     programs).




                                                                                                     PT Bank Syariah Indonesia Tbk
                                                                                                              2024 Annual Report
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Page 414
CORPORATE
GOVERNANCE




                                                                 Sharia Supervisory Board            Board of Commisioners

                                 President Director


                                                                                                           Audit Comitee


                                SEVP Internal Audit
                                         Satria




              Wholesale & Corporate Center               Retail, Distribution & Digital
                  Audit Group (WCA)                      Banking Audit Group (RDA)                 IT Audit Group (ITA)
                       Movianto                                  Agus Subekti                          Arif Jatmoko



              Wholesale & Treasury Banking
                         Audit                               Retail Banking Audit                    IT Security Audit
               Noer Cahyo Adhi Nugroho                          Amri Bustami                            Aresto Yudo




             Finance, Strategy & Procurement           Distribution, Strategy & Funding        IT Operation & Infrastructure
                           Audit                                     Audit                                Audit
                      Widya Setyadi                               Donny Eko                           Dodo Sunjoyo



                  Risk, Compliance &                                                            IT Strategy, Development, &
                  Human Capital Audit                  Digital Transaction Banking Audit
                                                                                                      Governance Audit
                        Mardani                                    Ardiansyah
                                                                                                       Fanny Novandra



                     Audit Policy &                                                                  Audit MIS & Data
                     Development                         Audit Counterpart & Support
                                                                                                         Analytics
                   Ratna Purnama Sari                            Myristica R
                                                                                                       Yudha Aditya




                     Audit Quality                               Investigation
                      Assurance                                      Audit
                       Irzasyam                                     Brantas



Internal Audit Position in the Organizational Structure

The position of SKAI in the Bank Organizational Structure is as follows:
1. Responsible directly to the President Director.
2. In carrying out its duties, SKAI submits reports to the President Director and the Board of Commissioners, and copies are submitted
   to the Audit Committee and the Director in charge of the compliance function.
3. Have a functional relationship and can communicate directly with the Board of Commissioners, Board of Directors, SEVP, Audit
   Committee and Sharia Supervisory Board.
4. Have a coordination relationship with the Parent Bank’s Integrated Internal Audit Work Unit (SKAIT).




     PT Bank Syariah Indonesia Tbk
412 2024 Annual Report
Page 415
Head of Internal Audit Profile




                                          Satria
                                          SEVP Internal Audit


                                          Menggala, September 25, 1967/age 57 years as of December 2024




                                          Educational background
       Indonesian citizen
                                          • Bachelor of Economics, University of Bandar Lampung (1990)
                                          • Master of Management, University of Bandar Lampung (2008)

       57 Years Old
                                          Certification
                                          • Certified Internal Audit Executive
                                          • Sertifikasi Manajemen Risiko Perbankan Level 7
       Domiciled in Jakarta, Indonesia


                                          Work Experience
       Legal Basis of Appointment
                                          - SEVP Internal Audit BSI (2023 - present)
                                          - Chairman of the Supervisory Board PT Bank Mandiri (Persero) Tbk (2019-2025)
       Decree of the Board of Directors   - Pension fund Bank Mandiri Empat PT Bank Mandiri (Persero) Tbk
       of PT Bank Syariah Indonesia Tbk
                                          - Chief Retail Audit PT Bank Mandiri (Persero) Tbk (Feb 04, 2021)
       Number: 03/153-KEP/DIR dated
       April 28, 2023                     - Group Head / Senior Vice President Cash & Trade Operations Group PT Bank
                                            Mandiri (Persero) Tbk (Jan 09, 2016)
                                          - Regional CEO Sulawesi Maluku (8 Provinsi) PT Bank Mandiri (Persero) Tbk (Jan 02, 2015)
                                          - Regional CEO Sumatera II (6 Provinsi) PT Bank Mandiri (Persero) Tbk (2 Feb 3, 2013)
                                          - Deputy Regional Manager Regional Office XII Jayapura (Papua & Papua Barat) PT
                                            Bank Mandiri (Persero) Tbk (Jun 07, 2011)
                                          - Manager Area Makasar (South Sulawesi) PT Bank Mandiri (Persero) Tbk
                                            (Mar 15, 2011)
                                          - Manager Area Samarinda (East Kalimantan) PT Bank Mandiri (Persero) Tbk
                                            (Feb 22, 2010)
                                          - Manager Area Jakarta Fatmawati (East Jakarta) PT Bank Mandiri (Persero) Tbk
                                            (May 15, 2009)
                                          - Manager Area Lampung PT Bank Mandiri (Persero) Tbk (Mar 01, 2007)
                                          - City Operation Manager Palembang PT Bank Mandiri (Persero) Tbk (Feb 01, 2006)
                                          - Dept Head COS City Operation Palembang PT Bank Mandiri (Persero) Tbk
                                            (Dec 02, 2005)
                                          - Operation Manager HUB Denpasar (Bali, NTB & NTT) PT Bank Mandiri (Persero)
                                            Tbk (Feb 18, 2002)
                                          - Branch Head of Tjk Bambu Kuning Bandar Lampung PT Bank Mandiri (Persero) Tbk
                                            (Feb 17, 2000)
                                          - Branch Head of Panjang Bandar Lampung PT Bank Mandiri (Persero) Tbk
                                            (20 Sept 1999)



                                          Training Attended in 2024
                                          • Workshop Digital Transaction Banking
                                          • Top Executive Learning




                                                                                               PT Bank Syariah Indonesia Tbk
                                                                                                        2024 Annual Report
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CORPORATE
GOVERNANCE




Internal Audit Competence Improvement Program                         The Internal Audit Charter is reviewed at least once every 3
                                                                      (three) years with approval from the Board of Commissioners and
                                                                      determination from the President Director, taking into account
 No                            Type of Training
                                                                      the recommendations of the Audit Committee.
  1      Construction Procurement
  2      Foreign Exchange Transactions for RM Wholesale               In performing its duties, Internal Audit refers to the Internal
  3      KSF Standardization of Procurement and Vendor Management     Audit Charter, which was approved on September 27, 2022, and
         and HPS Preparation
                                                                      signed by the President Commissioner and President Director.
  4      Anti-Fraud Seminar
                                                                      The Internal Audit Charter includes the following:
  5      Bank Mandiri Audit Course (BMAC)                             1. Vision, Mission, and Function of Internal Audit
  6      YPIA Internal Auditor Conference                             2. Position within the Organization
  7      Foreign Exchange Transaction Training for RM Wholesale       3. Scope of Internal Audit Activities
  8      PPT Training                                                 4. Authority, Responsibilities, Relationship, and Communication
                                                                          of Internal Audit with the Business Unit that Performs
  9      IIA Internal Auditor Conference
                                                                          Control Functions
  10     Fundamentals of Cybersecurity Auditing
                                                                      5. Code of Ethics and Profession
  11     IIA Asian Conference in Bali
                                                                      6. Internal Auditor Requirements
  12     Workshop Analysist and Reporting with Excel Dashboard        7. Limitations in Assignments
  13     Cyber Risk Management                                        8. Others
  14     Handling Banking Crimes with the Enactment of the P2SK Law
         and OJK Regulation Number 16 of 2023                         Duties and Responsibilities of Internal Audit
  15     Training on Bank’s Digital Maturity Level
  16     Mastering ITIL v4 Fundamental                                Duties and Responsibilities of the Internal Audit Work Unit are
  17     Devops Foundation                                            as follows:
  18     Training Internal Control over Financial Reporting (ICOFR)   1. Assist the President Director and the Board of Commissioners
                                                                          in carrying out supervision by describing operationally
                                                                          implementation and monitoring of audit results.
Party that Appoints and Dismisses the Head of SKAI                    2. Make analyzes and assessments in the fields of f inance,
                                                                          accounting, operations and other activities through audits
The Head of the Internal Audit Work Unit (SKAI) is appointed and          and continuous monitoring.
dismissed by the President Director following the approval from       3. Identify all possibilities to improve and increase the efficiency
the Board of Commissioners by considering the recommendations             of resources and funds utilization.
of the Audit Committee. In accordance with Financial Services         4. Provide suggestions for improvement and objective
Authority Regulation (POJK) No.1/POJK.03/2019 dated January               information about the activities examined at all levels of
29, 2019, concerning the Implementation of the Internal Audit             management.
Function in Commercial Banks, SKAI as an organization is              5. Develop written policies and procedures as guidelines for
directly under the coordination of the President Director.                Internal Auditors in carrying out their duties.
                                                                      6. Coordinate SKAI activities with External Audit activities and
Internal Audit Charter                                                    other assurance provider units/ functions.
                                                                      7. SKAI is obliged to communicate with regulators at least once
The Bank has an Internal Audit Charter as a guideline for the             every a year.
implementation of the internal audit function. The Internal Audit     8. Reporting the internal audit summary to the official in charge
Charter is a guideline for the implementiation of the following           of the internal audit function of the parent company.
internal audit function:
1. Implementation of the internal audit function for audit            Internal Audit Authority
    implementation
2. Initiation of communication                                        SKAI has the following authorities:
3. Examination of the activities of PT Bank Syariah Indonesia         1. Carry out internal audit activities on the activities of all work
    Tbk                                                                  units within the Bank organization and affiliated parties in
4. Authority to access records, documents, data and physical             accordance with applicable governance.
    assets including information management systems and               2. Communicate directly with the Board of Directors, Board of
    minutes of Management meetings.                                      Commissioners and Audit Committee as well as the Sharia
                                                                         Supervisory Board.




       PT Bank Syariah Indonesia Tbk
414 2024 Annual Report
Page 417
3. Hold regular and incidental meetings with the Board of            1. Risk Management Certification (SMR))
    Directors, Board of Commissioners and Audit Committee as
                                                                                Position           Amount         Certification
    well as the Sharia Supervisory Board.
                                                                      SEVP                            1               Level 5
4. Access all relevant Bank data and information related to
    Internal Audit duties and functions, namely printed and           Group Head                      3               Level 1

    electronic data, records, employees, funds, assets, locations                                     3               Level 2
    or areas, as well as other information related to Bank                                            3               Level 3
    resources.                                                                                        2               Level 4
5. Conducting investigations into cases/problems in every                                             1               Level 5
    aspect and element of activities involving fraud and/or
                                                                      Department Head                 13              Level 1
    violations of the Code of Conduct (CoC).
                                                                                                      13              Level 2
6. Determine the schedule, audit objects, personnel, scope,
                                                                                                      13              Level 3
    methodology, techniques, tools and audit approaches
    related to the implementation of general audit activities and                                     1               Level 4
    investigation activities.                                         Team Leader                     39              Level 1
7. Coordinate activities with the External Auditor.                                                   39              Level 2
8. Use the services of external or non-Internal Audit parties in                                      1               Level 3
    carrying out audits, both within the Bank and outside the
                                                                      Officer                         46              Level 1
    Bank, if deemed necessary.
                                                                                                      30              Level 2
9. Implement internal audit activities in accordance with the
                                                                      Staff                           1               Level 1
    Internal Audit Code of Ethics.
10. Carry out verification processes, interviews, confirmations,
    and/or other audit techniques for internal and external          2. Certified Fraud Examiner (CFE)
    parties related to the implementation of Internal Audit
                                                                                Position           Amount         Certification
    duties and functions.
                                                                      Department Head                 1                CFE
11. Participate in strategic meetings (excluding f inancing
    approvals discussion meetings) without having voting rights
    in decision making.                                              3. Certified Risk Professional (CRP)
12. Reporting the internal audit summary to the official in charge
                                                                                Position           Amount         Certification
    of the internal audit function of the Main Entity for the
                                                                      Group Head                      1                CRP
    Financial Conglomerate.


Internal Audit Personnel Composition                                 4. Certified Information System Auditor (CISA)

                                                                                Position           Amount         Certification
As of December 31, 2024, SKAI consists of 107 employees with
                                                                      Group Head                      1                CISA
the following composition:
                                                                      Department Head                 2                CISA
    No                      Position                    Amount
    1      SEVP Internal Audit                             1
                                                                     5. Certified Information System Security Professional (CISSP)
    2      Group Head                                      3
                                                                                Position           Amount         Certification
    3      Department Head                                15
                                                                      Group Head                      1               CISSP
    4      Auditor                                        83
    5      Staff                                           5
   Total                                                 107         6. Encase Certified Examiner (EnCE)

                                                                                Position           Amount         Certification
                                                                      Group Head                      1               EnCE
Professional Certification of Personnel

The development of auditor competency is facilitated through         7. Computer Hacking Forensic (CHFI)
the Audit Certification Program at both the national and
                                                                                Position           Amount         Certification
international levels. The number of employees who have
                                                                      Group Head                      1                CHFI
obtained certifications at each level as of December 31, 2024,
is as follows:




                                                                                                  PT Bank Syariah Indonesia Tbk
                                                                                                           2024 Annual Report
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CORPORATE
GOVERNANCE




8. Ceritified Qualified Internal Auditor (QIA)                           17. ISO Certification

            Position              Amount            Certification                  Position             Amount          Certification
 Group Head                             1                QIA              Department Head                   2       ISO 27001, ISO 22301
 Team Leader                            4                QIA              Team Leader                       1        ISO 27001, ISO 9001
 Officer                                5                QIA
                                                                         18. Cyber Security Certification (CC)
9. Control Objective for Information Technologies (COBIT)
                                                                                   Position             Amount          Certification
            Position              Amount            Certification         Department Head                   1                CC
 Group Head                             1               COBIT
 Department Head                        2               COBIT            Internal Audit Code of Ethics

10. Information Technology Infrastructure Library (ITIL)                 1. Integrity
                                                                            Internal auditor integrity builds confidence, which becomes
            Position              Amount            Certification
                                                                            the foundation for trust in the assessments they conduct.
 Group Head                             1                ITIL
                                                                            Rules of conduct:
 Team Leader                            1                ITIL               a. Carry out duties honestly, carefully and responsibly;
                                                                            b. Comply with the law and make disclosures based on
11. Certified Bank Internal Auditor (CBIA) Level Supervisor                     the laws and regulations applicable in Indonesia in
                                                                                accordance with the profession;
            Position              Amount            Certification
                                                                            c. Not knowingly/intentionally involved in activities
 Group Head                             1          Level Supervisor
                                                                                that violate the law, or activities that could damage
 Department Head                        12         Level Supervisor             the credibility of the internal audit profession or the
 Team Leader                            37         Level Supervisor             reputation of PT Bank Syariah Indonesia Tbk; And
                                                                            d. Support and contribute for the achievement of the legal
12. Certified Bank Internal Auditor (CBIA) Level Auditor                        and feasible goals of PT Bank Syariah Indonesia Tbk.
                                                                         2. Objectivity
            Position              Amount            Certification
                                                                            Internal auditors demonstrate the highest level of professional
 Group Head                             1            Level Auditor
                                                                            objectivity when collecting, evaluating, and communicating
 Department Head                        13           Level Auditor          information about the activity or process under review.
 Team Leader                            39           Level Auditor          Internal Auditors carry out a balanced assessment of all
 Officer                                45           Level Auditor          relevant matters and are not influenced by personal interests
 Staf                                   1            Level Auditor          or other parties in providing considerations.
                                                                            Rules of conduct:
13. Certified Internal Audit Executive (CIAE)                               a. Prohibited from participating in any activity or
                                                                                relationship that could, or reasonably suspected may
           Position           Amount         Certification Institution
                                                                                hinder the Internal Auditor’s proportional assessment,
 SEVP                             1                   BPKP
                                                                                including operational activities and decision making.
 Group Head                       2                   BPKP                  b. Prohibited from accepting anything that could, or
                                                                                reasonably suspected may impair his or her professional
14. Certified Ethical Hacker (CEH)                                              judgment; and
                                                                            c. Ensure disclosure of all relevant information to avoid
            Position              Amount            Certification
                                                                                discrepancies in the report on reviewed activities.
 Group Head                             1                CEH
                                                                         3. Confidentiality
                                                                            Internal auditors recognize the importance and ownership of
15. Certified E- Business Proffesional (CEP)                                the information they receive and do not disclose it without
                                                                            lawful authority, unless legally or professionally required.
            Position              Amount            Certification
                                                                            Rules of conduct:
 Group Head                             1                CEP
                                                                            a. Must be careful in using and safeguarding information
                                                                                obtained while carrying out their duties;
16. Certified in The Governance of Enterprise IT (CGEIT)                    b. Prohibited from using the information to obtain personal
                                                                                gain, or in any way, which is contrary to the law or
            Position              Amount            Certification
                                                                                detrimental to the legitimate and proper objectives of
 Team Leader                            1               CGEIT
                                                                                PT Bank Syariah Indonesia Tbk.




        PT Bank Syariah Indonesia Tbk
416 2024 Annual Report
Page 419
4. Competence
   Internal auditors apply the knowledge, skills, and experience required to perform internal audit duties.
   a. Only perform duties that require knowledge, skills, and experience relevant to their qualifications.
   b. Carry out assignments in accordance with International Standards for the Professional Practice of Internal Auditing.
   c. Continuously improve expertise, as well as the effectiveness and quality of work results on an ongoing basis.


Brief Report on The Implementation of Internal Audit Activities In 2024

Based on the Annual Audit Plan (AAP) and the 2024 Audit Strategy, approved by the President Director and Board of Commissioners,
the audit plan for 2024 was initially set at 33 assignments. As of December 31, 2024, the actual audit activities reached 59 assignments
or 178% of the target. The details are as follows:


                                   AAP 2024            Non AAP
  No       Types of Audits                                                   AAP & Non AAP Realization until December 2024
                                    Targets           Realization
   1       Assurance Audit               33               20                                           53

  2        Audit Consulting               -                6                                             6




INTERNAL AUDIT UNIT MEETING                                            1. Internal Audit meetings with External Auditors (Regulators
Based on POJK Number 1/POJK.03/2019, the Internal Audit                   and KAP) were held 151 (one hundred fifty-one) times,
Work Unit has the following authority:                                    involving participants from the Board of Directors, Board of
1. Hold regular and incidental meetings with the Board of                 Commissioners, Audit Committee, and DPS.
   Directors, Board of Commissioners and Audit Committee, as           2. Internal Audit meetings with the Directors were held 2 (two)
   well as the Sharia Supervisory Board.                                  times.
2. Attend strategic meetings.                                          3. Internal Audit meetings with the Board of Commissioners
                                                                          and Audit Committee were held 5 (five) times.
Throughout 2024, the Internal Audit held meetings with the             4. Internal Audit meetings with the Sharia Supervisory Board
Board of Commissioners, Directors, DPS, SEVP, Audit Committee,            were held 5 (five) times.
and External Auditors. The details are as follows:                     5. Internal Audit meetings with the Internal Audit’s SEVP were
                                                                          held 8 (eight) times.


Audit Findings and Follow-Up Actions

There were 6,788 findings, of which 3,507 were resolved before the exit meeting. As of December 2024, 2,896 findings have been
resolved, resulting in an 88% resolution rate, with 12% not yet overdue.



                              Number of                                                         Done Des ’24            On Progress
 No       Auditor                               Done before Exit Meeting        Total DMTL
                               Findings                                                        Amount         %      Amount            %
  1    Internal                 4.125                     1.678                    2.447         2.212       90%        235        10%

  2    Eksternal                2.663                     1.829                     832          684         82%        148        18%

 Grand Total                    6. 788                    3.507                    3.279         2.896       88%        383        12%




                                                                                                       PT Bank Syariah Indonesia Tbk
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Risk Management Unit
The function of the Risk Management Unit of Bank Syariah Indonesia is carried out by the Enterprise Risk Management Group which
is supervised by the Director of Risk Management.


Risk Management Unit Organizational Structure


                                                           Enterprise Risk Management Group



                                                                                                                                      Deputy




                                                                                                              Operational                        Operational
        Market & Liquidity          ERM Tools &                                      Risk Model
                                                                                                                 Risk                                 Risk
              Risk                   Analytics             Portfolio Risk            Validation
                                                                                                               Analytics                        Tools & System




         Market & Liquidity            ERM               Portfolio Analytics           Financing            Operational Risk                   Operational Risk
          Risk Analytics              Analytics            Management                    Limit                 Analytics                       Tools & System



                     Market &                                      Portfolio
                   Liquidity Risk            ERM                   Analytics                 Financing             Operational Risk                Operational Risk
                     Analytics              Analytics             Management                   Limit                  Analytics                    Tools & System




                                                                                     Risk Model
         Market & Liquidity           Risk Tools                Risk                                           IT Risk                         Operational Risk
                                                                                     Validation &            Management
           Risk Control                                     Integration                                                                           Control
                                                                                     Governance



                     Market &                                                               Risk Model
                                                                                                           Staff
                   Liquidity Risk           Risk Tools                Risk                  Validation &                                             Operational Risk
                      Control                                     Integration               Governance                                                  Control




                                    Staff                 Staff                     Staff                                                  Staff
         Market & Liquidity
            Risk Tools




                     Market &
                   Liquidity Risk
                       Tools


           Staff

     Secretary



Duties and Responsibilities of Risk Management Unit                             5. Monitor overall risk position or exposure per type and
                                                                                   functional activity, while ensuring compliance with the
Details of duties and responsibilities of the Risk Management                      established risk tolerance and limits, including sharia risk.
Unit are described as follows.                                                  6. Conduct stress testing to assess the impact of risk
1. Provide recommendations to the Board of Directors in the                        management policies and strategies on the performance and
    formulation of policies, strategies, and risk management                       revenue of each of the Bank’s operational business units or
    frameworks, including sharia risk.                                             functional activities.
2. Develop procedures and tools for identifying, measuring,                     7. Review proposals for new business activities developed by
    monitoring, and controlling risks, including sharia risk.                      the Bank’s particular function and focused on the Bank’s
3. Design and implement necessary tools for effective risk                         ability to manage these activities, including the adequacy
    management.                                                                    of systems and procedures and their impact on overall risk
4. Monitor the implementation of risk management policies,                         exposure, including sharia risk.
    strategies, and frameworks as recommended by the Risk                       8. Provide recommendations to operational business units and/or
    Management Committee and approved by the Board of                              the Risk Management Committee regarding risk management
    Directors.                                                                     implementation, including the appropriate level of maximum
                                                                                   risk exposure that the Bank should maintain.




     PT Bank Syariah Indonesia Tbk
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9. Evaluate the accuracy and validity of risk measurement data                a. President Director or Risk Management Director
    that the Bank, especially for banks utilizing internal models,            b. Risk Management Committee
    uses to measure risks. SKMR may seek validation from SKAI                 c. Banking Regulator
    or an independent specialist to ensure the reliability of data            d. Parent Company
    or models used.                                                       11. Conduct periodic reviews based on the Bank’s needs.
10. Prepare and submit risk profile reports periodically or at least      12. Coordinate with the business unit responsible for integrated
    quarterly to:                                                             risk management within the parent company of the
                                                                              conglomerate.


Profile of The Head of Enterprise Risk Management Group




                                                    Indriati Tri Handayani
                                                    Acting Group Head Enterprise Risk Management Group


                                                    Jakarta, May 03, 1972/Age 52 years as of December 2024




                                                    Educational Background
        Indonesian citizen
                                                    • Master of Laws, University of Indonesia (1999)
                                                    • Bachelor of Laws, University of Indonesia (1994)

        52 Years Old
                                                    Certification
                                                    • Bank Internal Audit Certification
        Domiciled in Jakarta,                       • Level 5 Risk Management Certification
        Indonesia                                   • Compliance Certification
                                                    • General Banking Certification
                                                    • Risk Management Assessor Certification
        Legal Basis of Appointment

        Letter of attorney                          Work Experience
                                                    • Acting Group Head Enterprise Risk Management Group BSI (2024 – present)
                                                    • pjs. Group Operational Risk Group BSI (2024)
                                                    • Group Head Policy & Procedure Group BSI (2022 – present)
                                                    • Group Head Audit Policy & Counterpart Group BSI (2021 – 2022)




Competency Development of The Enterprise Risk                             6. Risk Management Refreshment
Management Group                                                          7. Top Executive Learning Program Series 2
                                                                          8. Preparation of the Project Financing Factory Implementation
1.   KSF Pricing Management and Liquidity & Market Risk                   9. KSF Prepares ROPA & DPIA
2.   KSF Prudent Principles of BSI’s Deposit Products                     10. KSF Prepares ROPA & DPIA (RDA)
3.   Level Up Your Fee Based Income with Remittance                       11. Webinar on How to Use Microsoft Office 365
4.   Level Up Business with Digital ZIZWAF                                12. Cyber Risk Management
5.   Ngopih Webinar on Legality and Authority to Act for                  13. Training on Foreign Exchange Transactions for RM Wholesale
     Associations                                                             Batch 1




                                                                                                             PT Bank Syariah Indonesia Tbk
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14. Risk Maturity Index (RMI)                                      44. Certification Renewal (BCMCP)
15. Data Analysis and Visualization with Microsoft Excel 365       45. Training SQL for Data Analytics
16. Introduction to Phyton for Data Science                        46. Refreshment “BSI’s Digital Insight Volume 4”
17. Artificial Intellegence and Machine Learning Fundamentals      47. General Banking Level 1 Batch 3
    for OPR                                                        48. FGD on the Needs for BOSM Training
18. SQL for Data Analytics                                         49. Big Data Analysis Using Python Batch 1
19. Big Data with Hadoop and Spark                                 50. Innovation Volume 3: Everyone Can Innovate
20. Python for Data Analysts                                       51. Certified Anti-Fraud Professional (CAFP)
21. Excel Power Tools for Data Analytic                            52. Operational Risk & Risk Control Self Assessment (RCSA)
22. Big Data with Hadoop & Spark                                   53. Big Data Analysis Using Python Batch 2
23. Training Foreign Exchange Transactions Batch 2                 54. Implementation of the Personal Data Protection Law
24. KSF BSI’s Digital Wholesale Insight Volume 2                   55. Sharing Knowledge: PTO Requirements
25. Data Analysis and Visualization Batch 1                        56. Training on Climate Risk Management
26. Introduction to Python for Data Science                        57. Refreshment on Fiqh Muamalah Maaliyah
27. Ngopih Webinar on Prudent Principles                           58. Refreshment on Financing Conditions October 2024
28. Data Analysis and Visualization Batch 2                        59. Webinar on BSI Digital Literacy Series 1
29. Seminar on Personal Color and Style                            60. Refreshment on the Principles of Fund Raising
30. Microsoft Power BI Data Analyst                                61. Webinar on the IT Security Awareness of the Head Office
31. Artificial Intellegence and Machine                            62. BSI Digital Literacy Webinar Series 2
32. Innovation Clinic Series Volume 1                              63. BSI Digital Literacy Webinar Series 3
33. Refreshment “BSI’s Digital Insight Volume 3”                   64. BSI Digital Literacy Webinar Series 4
34. Certified Data Science Specialist (CDSS)                       65. BSI & Mandiri Group Webinar
35. Unlocking Your Innovation Potential                            66. BYOND by BSI Update Webinar Series 2
36. Sustainable Financing Wholesale                                67. MR Debriefing Level 5 Batch 2
37. Refreshment Phr Treasury & Trade                               68. BSI Digital Literacy Webinar Series 6
38. Environmental, Social, and Governance (ESG)                    69. Treasury Refreshment
39. Training for Trainers Batch 1                                  70. Legal Officer Forum of 2024
40. Innovation Volume 2: Innovate or Evaporate                     71. BSI Digital Literacy Webinar Series 7
41. Training or Trainers Batch 2                                   72. BSI Digital Literacy Webinar Series 8
42. General Banking Level 1 Batch 1                                73. BSI Digital Literacy Webinar Series 9
43. General Banking Level 1 Batch 2                                74. Top Executive Learning Program of December 2024
                                                                   75. BYOND by BSI Refreshment Volume 1



Risk Management Certification


 No.                Position           Amount                           Certification                  Certification Institution
  1.      Group Head                   1 Person       Risk Management Level 5                         LSPKS
  2.      Deputy                       1 Person       Risk Management Level 4                         LSPKS
  3.                                   6 Person       • Risk Management Level 3 (4 Person)
                                                                                                      LSPKS
          Dept. Head                                  • Risk Management Level 2 (2 Person)
  4.                                   12 Person      • Risk Management Level 3 (5 Person)
                                                                                                      LSPKS
          Manager                                     • Risk Management Level 2 (7 Person)
  5.      Senior Officer               1 Person       Risk Management Level 2                         LSPKS
  6.      Officer                      14 Person      • Risk Management Level 3 (2 Person)
                                                      • Risk Management Level 2 (1 Person)            LSPKS
                                                      • Risk Management Level 1 (11 Person)




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Implementation of Risk Management Duties In 2024                                              1. Organizational Structure of the Committee
                                                                                              2. Duties, Authorities, and Responsibilities of the Committee
In addition to carrying out its main duties as the Risk Management                            3. Risk Management Committee Code of Conduct
Work Unit, ERM have carried out many collaborations and                                       4. Duties, Authorities, and Responsibilities of the Working
enhancements to strengthen the implementation of risk                                            Group of the Risk Management Committee
management at BSI, including:                                                                 5. Closing
1. 1st Pilot: Bottom-Up Climate Risk Stress Testing
2. Updating the Portfolio Guideline                                                           DUTIES AND RESPONSIBILITIES OF THE RISK
3. Implementation of Risk Management on Bullion Products                                      MANAGEMENT COMMITTEE
     Phase 1
4. Implementation of Risk Management at Overseas Branch                                       The Risk Management Committee is authorized and responsible
     Offices                                                                                  for providing recommendations to the President Director,
5. Risk Due Diligence for Strategic Bancassurance                                             including:
6. Anti-Fraud Task Force                                                                      1. Monitoring the risk profile and management of all risks
7. Updating the Recovery Plan and Resolution Plan                                                 to determine risk appetite, integrated risk management
                                                                                                  strategies, and capital adequacy.
Committee Under The Board of Directors                                                        2. Establishing methodologies, scenarios, and evaluations,
                                                                                                  including stress conditions in risk measurement and
Risk Management Committee                                                                         contingency plans.
                                                                                              3. Enhancing the implementation of risk management both
Risk Management Committee is a committee established to                                           periodically and as needed, in response to internal and
assist the President Director inperforming the control function                                   external changes affecting the Bank’s capital adequacy and
through discussions on risk appetite, methodology, and strategy                                   risk profile.
formulation related to the implementation of risk management.                                 4. Conducting strategic discussions within the scope of risk
                                                                                                  management, including ensuring its integration with the
WORK GUIDELINES OF THE RISK MANAGEMENT                                                            parent company.
COMMITTEE                                                                                     5. Determining matters related to business decisions that
                                                                                                  involve special conditions (such as significant business
In performing its duties, the Risk Management Committee refers                                    expansions beyond the Bank’s established business plan).
to the Decree of the Board of Directors Number 04/503A-KEP/                                   6. Delegating authority to appointed officials for making
DIR dated October 14, 2024, concerning the Risk Management                                        decisions and implementating operational matters.
Committee of PT Bank Syariah Indonesia Tbk., which regulates,
among others:


THE MEMBERSHIP STRUCTURE OF THE RISK MANAGEMENT COMMITTEE


  Chairman                                                               Risk Management Director

  Vice Chairman                                                          Finance & Strategy Director

  Secretary                                                              The Committee's Secretariat Function is carried out by the Chair of the Committee's
                                                                         Working Group.

  Permanent Member - Voting Member                                       1. Risk Management Director
                                                                         2. Finance & Strategy Director
                                                                         3. Wholesale Transaction Banking Director
                                                                         4. Retail Banking Director
                                                                         5. Sales & Distribution Director/Consumer Product Solution SEVP
                                                                         6. Information Technology Director
                                                                         7. Treasury & International Banking Director
                                                                         8. Wholesale Risk SEVP
                                                                         9. Retail & Consumer Risk SEVP
                                                                         10. Operations SEVP

  Permanent Member - Non Voting Member                                   Compliance & Human Capital Director/Group Head Compliance & AML-CFT

  Non Permanent – Voting Member                                          Director/SEVP Speaker
                                                                         Director/SEVP related to the material

  Contributing – Non Voting Member                                       1. Group Head/Equivalent Official of Speaker
                                                                         2. Group Head/Equivalent Official related to Material

  Invitee                                                                1. Vice President Director*
                                                                         2. SEVP/Group Head Internal Audit
 * If the Vice President Director serves as the Presenting Director or an Alternate Voting Member, they do not hold the position of an Invitee.




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PROFILE OF THE RISK MANAGEMENT COMMITTEE


The profiles of the Committee members from both the Board of Directors and SEVPs can be found in the Company Profile chapter under
the Profile of the Directors section and the Profile of Officers One Level Below the Board of Directors in this Annual Report.


TRAINING OF THE RISK MANAGEMENT COMMITTEE


The training of the Committee members from the Board of Directors can be found in the Training and/or Competency Improvement
sub-chapter of the Board of Directors section within the Corporate Governance chapter of this Annual Report.


INDEPENDENCY OF THE RISK MANAGEMENT COMMITTEE


All Committee members have no affiliations with other Directors, Commissioners, or Controlling Shareholders. They are not shareholders
of the Company that could affect their ability to act independently, nor are they Commissioners, Directors, or employees of companies
that have affiliations or business relationships with the Company.


MEETINGS AND IMPLEMENTATION OF THE RISK MANAGEMENT COMMITTEE'S DUTIES


  No.             Date                                                                 Agenda
   1      January 26, 2024        Determining the Soundness Level of PT Bank Syariah Indonesia Tbk as of December 31, 2023
   2      March 19, 2024          Updating the Portfolio Guidelines for Wholesale and SME Segments

   3      April 22, 2024          Determining the Risk Profile of PT Bank Syariah Indonesia Tbk as of March 31, 2024
   4      June 12, 2024           Determining:
                                  a. the Changes in the Assessment Methodology for Bank’s Soundness Level (TKB) or Risk-Based Bank Rating
                                     (RBBR) Individually and Integrated Risk Profile Basis for Semester I of 2024
                                  b. the Country Exposure Limit (CEL) calculation formula
   5      July 18, 2024           Determining:
                                  a. the Soundness Level of PT Bank Syariah Indonesia Tbk as of June 30, 2024
                                  b. the Risk Appetite Statement of 2024
   6      October 14, 2024        Determining the Risk Profile of PT Bank Syariah Indonesia Tbk as of September 30, 2024
   7      November 06, 2024       Updating the Portfolio Guidelines for Wholesale and SME Segments

   8      November 11, 2024       Determining Treasury Limits

   9      November 28, 2024       Determining:
                                  a. the Evaluation of CKPN calculation methodology
                                  b. the CKPN & PPKA requirements for Retail & Consumer Financing segments
  10      December 13, 2024       Updating Trading Limits and Liquidity Safety Levels in 2025.

  11      December 17, 2024       Changes in the Assessment Methodology for Bank’s Soundness Level (TKB) or Risk-Based Bank Rating (RBBR)
                                  Individually and Integrated Risk Profile Basis for Semester II of 2024



IT Steering Committee

The IT Steering Committee was formed to assist the Board of Directors in determining strategic plans in the field of information
technology (IT), IT budgeting, determining strategic IT projects and IT security. The implementation of the duties and responsibilities of
this committee refers to the provisions of applicable laws and regulations.


WORK GUIDELINES OF THE IT STEERING COMMITTEE


In performing its duties, the IT Streering Committee refers to the Decree of the Board of Directors No. 04/504A-KEP/DIR concerning
IT Streering Committee.


DUTIES AND RESPONSIBILITIES OF THE IT STEERING COMMITTEE


The IT Steering Committee is a committee consisting of the Board of Directors/SEVP tasked with and responsible for:




       PT Bank Syariah Indonesia Tbk
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1. Establishing IT Strategic Plans, IT Resources, IT security                 well as IT investments to address strategic issues within the
   strategies, and risk management of IT utilization.                         scope of IT.
2. Monitoring the alignment of the IT strategic plans, IT budget,          4. Delegating authority to designated officials to make
   and IT project delivery to evaluate IT cost-effectiveness.                 decisions and implement operational IT matters.
3. Making decisions or providing direction regarding the
   planning, development, and enhancement of IT systems, as


MEMBERSHIP STRUCTURE OF THE IT STEERING COMMITTEE


                Function                                                                Officer
 Chairman                             President Director

 Vice Chairman                        1. Vice President Director
                                      2. Information Technology Director
 Secretary                            The secretariat function of the committee is carried out by the Chair of the Committee Working Group.
 Permanent Voting Member              1. President Director
                                      2. Vice President Director
                                      3. Information Technology Director
                                      4. Finance & Strategy Director
                                      5. Risk Management
                                      6. Digital Banking SEVP
 Permanent Non Voting Member          Compliance & Human Capital Director/ Group Head Compliance Group
 Non Permanent Voting Member          1. Director/SEVP Pemateri
                                      2. Director/SEVP terkait Materi
 Contributing Non Voting Member       1. Group Head/Pejabat Setara Pemateri
                                      2. Group Head/Pejabat Setara terkait materi
 Invitee                              SEVP/Group Head Internal Audit



PROFILE OF THE IT STEERING COMMITTEE


The profiles of the Committee members from both the Board of Directors and SEVPs can be found in the Company Profile chapter under
the Profile of the Directors section and the Profile of Officers One Level Below the Board of Directors in this Annual Report.


TRAINING OF THE IT STEERING COMMITTEE


The training of the Committee members from the Board of Directors can be found in the Training and/or Competency Improvement
sub-chapter of the Board of Directors section within the Corporate Governance chapter of this Annual Report.


INDEPENDENCY OF THE IT STEERING COMMITTEE


All Committee members have no affiliations with other Directors, Commissioners, or Controlling Shareholders. They are not shareholders
of the Company that could affect their ability to act independently, nor are they Commissioners, Directors, or employees of companies
that have affiliations or business relationships with the Company.


MEETINGS AND IMPLEMENTATION OF THE IT STEERING COMMITTEE’S DUTIES


  No.                 Date                                                          Meeting Agenda
   1       January 31, 2024           Project Initiatives and Proposed Strategic IT Budget for 2024
   2       April 19, 2024             Changes to Strategic IT Initiatives and Budget in 2024
   3       July 16, 2024              Strengthening Governance for the Release Control Board (RCB)
   4       December 19, 2024          Progress Update on Strategic IT Initiatives and Budget Changes in 2024




                                                                                                           PT Bank Syariah Indonesia Tbk
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Policy & Procedure Committee                                                                  3. Rules of Conduct
                                                                                              4. Duties, Authorities, and Responsibilities of the Working
The Policy & Procedure Committee consists of members from                                        Group of the Risk Management Committee
the Board of Directors/SEVPs. This committee is authorized                                    5. Closing
to recommend or establish policies and procedures, including
product provisions and other regulations that do not fall within                              DUTIES AND RESPONSIBILITIES OF THE POLICY &
the scope of other committees under the Board of Directors.                                   PROCEDURE COMMITTEE


WORK GUIDELINES OF THE POLICY & PROCEDURE                                                     The duties and responsibilities of the Policy & Procedure
COMMITTEE                                                                                     Committee are:
                                                                                              1. Discuss and recommend policy adjustments/enhancements.
In performing its duties, the Policy & Procedure Committee refers                             2. Determine updates to the Company’s procedures that
to the Decree of the Board of Directors No. 04/508A-KEP/DIR                                      fall outside human capital policies, standard procedures,
dated October 14, 2024 concerning the Policy & Procedure                                         and risk management policies, as well as those under the
Committee of PT Bank Syariah Indonesia Tbk., which regulates,                                    responsibility of other committees under the Board of
among others:                                                                                    Directors.
1. Organizational Structure of the Committee
2. Duties, Authorities, and Responsibilities of the Committee


MEMBERSHIP STRUCTURE OF THE POLICY & PROCEDURE COMMITTEE


  Chairman                                                                    Risk Management Director

  Vice Chairman                                                               Compliance & Human Capital Director

  Secretary                                                                   The secretariat function of the committee is carried out by the Work Unit which acts as
                                                                              the Chair of the Committee Working Group.

  Permanent Member - Voting Member                                            1. Risk Management Director
                                                                              2. Compliance & Human Capital Director

  Permanent Member - Non Voting Member                                        Group Head Compliance & AML – CFT

  Non Permanent – Voting Member                                               1. Director/SEVP Pemateri
                                                                              2. Director/SEVP terkait materi
                                                                              3. SEVP Operations*

  Contributing – Non Voting Member                                            1. Group Head/Pejabat Setara Pemateri
                                                                              2. Group Head/Pejabat Setara terkait Materi

  Invitee                                                                     SEVP/Group Head Internal Audit
 *) Specialized in the Bank’s regulations related to its operational scope.



PROFILE OF THE POLICY & PROCEDURE COMMITTEE                                                   not shareholders of the Company that could affect their ability
                                                                                              to act independently, nor are they Commissioners, Directors,
The profiles of the Committee members from both the Board                                     or employees of companies that have affiliations or business
of Directors and SEVPs can be found in the Company Profile                                    relationships with the Company.
chapter under the Profile of the Directors section and the Profile
of Officers One Level Below the Board of Directors in this Annual                             MEETINGS AND IMPLEMENTATION OF THE POLICY &
Report.                                                                                       PROCEDURE COMMITTEE


TRAINING OF THE POLICY & PROCEDURE COMMITTEE                                                  Regarding the Policy and Procedure Committee’s meetings and
                                                                                              implementation of its duties in 2024, the determination of the
The training of the Committee members from the Board of                                       Bank’s provisions was carried out circularly, with a total of 177
Directors can be found in the Training and/or Competency                                      provisions, consisting of 8 Policy provisions, 54 Product Manual
Improvement sub-chapter of the Board of Directors section                                     (MP) provisions, 20 Memorandum of Operational Procedures
within the Corporate Governance chapter of this Annual Report.                                (MPO) provisions, and 95 Standard Procedures (SP) provisions.
                                                                                              The Policy & Procedure Committee’s decision-making mechanism
INDEPENDENCY OF THE POLICY & PROCEDURE                                                        can be conducted through meetings, circulation, or other
COMMITTEE                                                                                     methods, provided that the established quorum requirements
                                                                                              are met.
All Committee members have no affiliations with other
Directors, Commissioners, or Controlling Shareholders. They are




       PT Bank Syariah Indonesia Tbk
424 2024 Annual Report
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                                                   New Terms                        Sub            Revision Terms                  Sub       Grand
             Type of Provision
                                          BUS       FT       RF          WF        Total    BUS        FT     RF        WF        Total      Total

 Policy                                    1         -           -         -         1        4        1       -          2         7              8
 Product Manual                             -        4           -        1          5        -        3      35         11        49          54
 Standard Procedure                        3         1           -        2          6       21        19     17         32        89          95
 Procedure Memorandum                      2         5        9            -         16       2        -       2          -         4          20
 Sub Total                                 6        10        9           3                  27        23     54         45
                                                                     New Terms       28                      Revision Terms        149
                                                                                                                              Grand Total      177



Business Committee                                                               2. Discussing and establishing integrated business development,
                                                                                    including product development, pricing, related procedures, risk
The Business Committee is established to assist the Board of                        exposure limits, facilities, infrastructure, and business support
Directors/SEVPs in formulating strategies and overseeing the                        technology. The formulation of policies and procedures related
integrated development of the Bank’s business, and determining                      to the Bank’s products follows the Bank’s internal regulations.
the key products, services, and activities, as well as the strategy              3. Reviewing and establishing the Bank’s Product Provision
and effectiveness of marketing communications.                                      Plan (RPPB), including the annual RPPB and RPPB changes
                                                                                    to be submitted for approval to the Regulator, as well as
WORK GUIDELINES OF THE BUSINESS COMMITTEE                                           reporting the termination of Bank products to the Regulator.
                                                                                 4. Discussing and establishing key business strategies that
In performing its duties, the Risk Management Committee refers                      become the focus of the Company, one of which through
to the Decree of the Board of Directors No 04/506A-KEP/DIR                          the Company’s anchor clients.
concerning the Business Committee, which regulates, among others:                5. Monitoring and evaluating the outcomes of business
1. Organizational Structure of the Committee                                        strategy and project initiatives.
2. Duties, Authorities, and Responsibilities of the Committee                    6. Addressing and resolving strategic business issues, including
3. Rules of Conduct of the Business Committee                                       collaborations between the Company’s business units and
4. Duties, Authorities, and Responsibilities of the Working                         partnerships with the parent companies and sister companies.
    Group of the Business Committee                                              7. Delegating authority to designated officials to make
5. Closing                                                                          decisions and implement operational business matters.
                                                                                 8. Communicating and ensuring the implementation of all
DUTIES AND RESPONSIBILITIES OF THE BUSINESS                                         committee decisions to the Company’s all relevant internal
COMMITTEE                                                                           personnel.


The Business Committee is tasked with and responsible for:
1. Evaluating and establishing the Bank’s business strategy.


MEMBERSHIP STRUCTURE OF THE BUSINESS COMMITTEE


                Function                                                                     Officer
 Chairman                              President Director

 Vice Chairman                         Vice President Director
 Secretary 1                           The secretariat function is carried out by the work unit which acts as the chair of the committee working
                                       group.
 Voting Member – Permanent             1. President Director
                                       2. Vice President Director
                                       3. Wholesale Transaction Banking Director
                                       4. Retail Banking Director
                                       5. Sales & Distribution Director/Consumer Product Solution SEVP
                                       6. Risk Management Director/Wholesale Risk SEVP/Retail & Consumer Risk SEVP
                                       7. SEVP Operations
                                       8. Corporate Strategy SEVP
 Non-Voting Member – Permanent         Compliance & Human Capital Director
 Voting Member – Non Pemanent          1. Director/SEVP of the speaker
                                       2. Director/SEVP of the related material
 Non-Voting member – Contributing      1. Group Head / Official equivalent to Speaker
                                       2. Group Head / Official equivalent related to material
 Invitee                               SEVP/Group Head Internal Audit


                                                                                                                   PT Bank Syariah Indonesia Tbk
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PROFILE OF THE BUSINESS COMMITTEE                                            Improvement sub-chapter of the Board of Directors section
                                                                             within the Corporate Governance chapter of this Annual Report.
The profiles of the Committee members from both the Board
of Directors and SEVPs can be found in the Company Profile                   INDEPENDENCY OF THE BUSINESS COMMITTEE
chapter under the Profile of the Directors section and the Profile
of Officers One Level Below the Board of Directors in this Annual            All Committee members have no affiliations with other
Report.                                                                      Directors, Commissioners, or Controlling Shareholders. They are
                                                                             not shareholders of the Company that could affect their ability
TRAINING OF THE BUSINESS COMMITTEE                                           to act independently, nor are they Commissioners, Directors,
                                                                             or employees of companies that have affiliations or business
The training of the Committee members from the Board of                      relationships with the Company.
Directors can be found in the Training and/or Competency


MEETINGS AND IMPLEMENTATION OF THE BUSINESS COMMITTEE’S DUTIES


 No.              Date                                                                Agenda
  1.     January 16, 2024         Proposed Management Limit for PT Pertamina (Persero) and PT Jasa Marga (Persero)
  2.     March 15, 2024           Proposed Management Limit for Sinarmas Group
  3.     March 28, 2024           Proposed Revitalization of Tapenas Collective
  4.     April 04, 2024           Minutes of the Commission on BSI’s PKS Extension with Waskita and Commercial Line Limit
  5.     April 04, 2024           - Financing Request for Opening Principal and Marketing Area for BSI Distributor Financing Products.
                                  - Revision of BSI’s Distributor Financing Product Manual
  6.     April 23, 2024           Proposed Determination of Underlying Financing for the Issuance of Sukuk Mudharabah Under the Sustainable
                                  Sustainability I Program of PT Bank Syariah Indonesia Tbk
  7.     April 23, 2024           Proposed Management Limit for PT SMI Group
  8.     June 25, 2024            Proposed RPPB for the June 2024 Period
  9.     July 15, 2024            Limit Management for PLN in 2024
 10.     July 17, 2024            Limit Management for Medco in 2024
 11.     August 14, 2024          Limit Management for Astra Group
 12.     August 20, 2024          Limit Management for Telkom Group in 2024
 13.     September 18, 2024       Management Limit for Salim Group in 2024
 14.     September 19, 2024       Limit Management for PT PP Group in 2024
 15.     September 19, 2024       Proposed RPPB in the September 2024 Period
 16.     November 28, 2024        Proposed RPPB in the 2025 period


Human Resources Committee                                                    DUTIES AND RESPONSIBILITIES OF THE HUMAN CAPITAL
                                                                             COMMITTEE
The Human Capital Committee is established to assist the Board
of Directors in managing, developing, and formulating Human                  The Human Capital Committee is tasked with and responsible for
Capital (HC) policies in alignment with the Bank’s vision, mission,          providing recommendations to the President Director, including:
and strategy, as well as handling employment-related cases.                  1. Establishing human capital strategies and policies, including
                                                                                 corporate culture, compensation, and benefits.
WORK GUIDELINES OF THE HUMAN CAPITAL COMMITTEE                               2. Determining the learning budget allocation.
                                                                             3. Discussing and recommending policies, as well as
The Human Capital Committee refers to the Decree of the Board                    establishing operational procedures and systems for human
of Directors No 03/319-KEP/DIR concerning the Human Capital                      capital management.
Committee, which regulates, among others:                                    4. Establishing the strategic direction and operational system
1. Organizational Structure of the Committee                                     policies for human capital management, including corporate
2. Duties, Authorities, and Responsibilities of the Committee                    culture and values.
3. Rules of Conduct of the Human Capital Committee                           5. Defining the strategic direction for human capital information
4. Duties, Authorities, and Responsibilities of the Working                      system development.
    Group of the Risk Management Committee                                   6. Defining and developing the organization in alignment with
5. Closing                                                                       the Bank’s business needs.




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7. Establishing individual performance management & rewards, talent & succession management, and employee relations.
8. Addressing and resolving strategic issues related to human capital management.


MEMBERSHIP STRUCTURE OF THE HUMAN CAPITAL COMMITTEE


  Chairman                                              Risk Management Director

  Vice Chairman                                         1. Vice President Director
                                                        2. Compliance & Human Capital Director

  Secretary                                             The secretariat function of the committee is carried out by the Work Unit which acts as
                                                        Chair of the Committee Working Group.

  Permanent Member (Voting Member)                      1. President Director
                                                        2. Vice President Director
                                                        3. Compliance & Human Capital Director
                                                        4. Finance & Strategy Director
                                                        5. Sales & Distribution Director
                                                        6. Risk Management Director
                                                        7. Human Capital SEVP

  Non Permanent Voting Member                           1. Director/SEVP of the speaker
                                                        2. Director/SEVP related to the material

  Contributing - Non Voting Member                      1. Group Head/Equivalent Official Speaker
                                                        2. Group Head/Equivalent Official related to the material

  Invitee                                               SEVP/Group Head Internal Audit


PROFILE OF THE HUMAN CAPITAL COMMITTEE                                   MEETINGS AND IMPLEMENTATION OF HUMAN CAPITAL
                                                                         COMMITTEE DUTIES


The profiles of the Committee members from both the Board                During 2024, the Human Capital Committee has carried out its
of Directors and SEVPs can be found in the Company Profile               duties including:
chapter under the Profile of the Directors section and the Profile       1. Establishing the 2024 compensation benefit policy, namely
of Officers One Level Below the Board of Directors in this Annual            the Implementation of Annual Salary Increment
Report.                                                                  2. Establishing individual Performance Management & Rewards
                                                                             in 2024, namely:
TRAINING OF THE HUMAN CAPITAL COMMITTEE                                      a. Normal distribution of employee performance appraisal
                                                                             b. Performance appraisal of Senior Manager and Senior
The training of the Committee members from the Board of                           Executive Vice President employees
Directors can be found in the Training and/or Competency                     c. Provision of appreciation (bonus) for performance in
Improvement sub-chapter of the Board of Directors section                         2024
within the Corporate Governance chapter of this Annual Report.           3. Establish Talent & Succession Management, namely:
                                                                             a. Promotion Cycle Policy and its implementation
INDEPENDENCY OF THE HUMAN CAPITAL COMMITTEE                                  b. Talent Classification Assessment of Senior Manager
                                                                                  Senior Executive Vice President employees
All Committee members have no affiliations with other                        c. Fulfillment and Mobility of Senior Manager Employees
Directors, Commissioners, or Controlling Shareholders. They are              d. Fulfillment of Senior Executive Vice President Employees
not shareholders of the Company that could affect their ability
to act independently, nor are they Commissioners, Directors,
or employees of companies that have affiliations or business
relationships with the Company.




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The Assets and Liabilities Committee                                   2. Assessing the Bank’s assets and liabilities position in
                                                                          alignment with liquidity, interest rate, and exchange rate risk
The Assets and Liabilities Committee (ALCO) is a committee                management objectives.
formed to assist the Board of Directors in performing control          3. Evaluating the Bank’s position and ALM strategies to
functions by determining strategies for matters related to the            ensure that risk-taking decisions align with the objectives of
management of the Bank’s assets and liabilities.                          managing market risk, yield risk, investment risk, exchange
                                                                          rate risk, and liquidity risk.
WORK GUIDELINES OF THE ASSETS AND LIABILITIES                          4. Reviewing the pricing of assets and liabilities to maximize
COMMITTEE                                                                 return on investment, minimize the cost of funds, and
                                                                          maintain the Bank's balance sheet structure in accordance
The Decree of the Board of Directors of PT Bank Syariah                   with its ALM strategy.
Indonesia Tbk. No.04/505A-KEP/DIR dated October 14, 2024               5. Reviewing deviations among actual performance, budget
regulates the Organizational Structure of the Committee, as well          projections, and the Bank’s business plan.
as the Committee’s Duties, Authorities, and Responsibilities.          6. Implementing the limits for liquidity management, interest
                                                                          rate impact management, foreign exchange management,
DUTIES AND RESPONSIBILITIES OF THE ASSETS AND                             income and investment management, and pricing
LIABILITIES COMMITTEE                                                     management.
                                                                       7. Establishing the Fund Transfer Pricing methodology.
The Assets and Liabilities Committee is tasked with and                8. Discussing the scope of ALM, including subsidiaries and
responsible for:                                                          entities under the Company’s control.
1. Establishing, developing, and reviewing the assets and
    liabilities management (ALM) strategies.


MEMBERSHIP STRUCTURE OF THE ASSETS AND LIABILITIES COMMITTEE


  Chairman                                            President Director

  Vice Chairman                                       1. Vice President Director
                                                      2. Treasury & International Banking Director

  Secretary                                           The secretariat function of the committee is carried out by the Chair of the Committee
                                                      Working Group.

  Permanent Voting Member                             1. President Director
                                                      2. Vice President Director
                                                      3. Treasury & International Banking Director
                                                      4. Finance & Strategy Director
                                                      5. Risk Management Director/Wholesale Risk SEVP/ Retail & Consumer Risk SEVP
                                                      6. Wholesale Transaction Banking Director
                                                      7. Retail Banking Director
                                                      8. Sales & Distribution Director/Consumer Product Solution SEVP

  Permanent Non Voting Member                         Compliance & Human Capital Director/Group Head Compliance Group & AML-CFT

  Non Permanent Voting Member                         1. Director/SEVP of the speaker
                                                      2. Director/SEVP related to the material

  Contributing - Non Voting Member                    1. Group Head/Equivalent Official Speaker
                                                      2. Group Head/Equivalent Official related to the material

  Invitee                                             SEVP/Group Head Internal Audit



PROFILE OF THE ASSETS AND LIABILITIES COMMITTEE


The profiles of the Committee members from both the Board of Directors and SEVPs can be found in the Company Profile chapter under
the Profile of the Directors section and the Profile of Officers One Level Below the Board of Directors in this Annual Report.


TRAINING OF THE ASSETS AND LIABILITIES COMMITTEE


The training of the Committee members from the Board of Directors can be found in the Training and/or Competency Improvement
sub-chapter of the Board of Directors section within the Corporate Governance chapter of this Annual Report.




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INDEPENDENCY OF THE ASSETS AND LIABILITIES COMMITTEE


All Committee members have no affiliations with other Directors, Commissioners, or Controlling Shareholders. They are not shareholders
of the Company that could affect their ability to act independently, nor are they Commissioners, Directors, or employees of companies
that have affiliations or business relationships with the Company.


MEETINGS AND IMPLEMENTATION OF THE ASSETS AND LIABILITIES COMMITTEE’S DUTIES


         Implementation
 No                                                                                 Agenda
              Date
  1    January 16, 2024      Funding Strategy 2024
  2    March 14, 2024        COF management strategy and optimization of financing margin income
  3    April 30, 2024        Funding management strategy through sukuk issuance, special quota review of deposit ratio, and waqf deposit ratio
  4    May 28, 2024          Proposed authority to determine the final price and issuance size for the sustainability of BSI’s sukuk
  5    June 3, 2024          Funding strategy, financing monitoring, and proposed formation of a Task Force
  6    July 9, 2024          Funding strategy and consumer financing
                             DPK strategy, proposed pricing for sukuk-backed SME financing, and review of the liquidity reserve calculation
  7    August 20, 2024
                             methodology
  8    September 18, 2024    Proposed special pricing for consumer financing and a ceiling for purchasing banking book instruments
                             Recovery plan update, review of special DPK ratio, and proposal of special pricing for SME & Gold installment
  9    October 22, 2024
                             financing
  10   November 14, 2024     Asset and Liability Strategy
  11   December 6, 2024      Funding strategy in December 2024 and banking book instrument purchase ceiling for the 2025 period




Steering Committee Crisis Management – Business                            2. Discussing and determining the Bank’s operational strategy
Continuity Management                                                         during disaster periods, including the Covid-19 pandemic.
                                                                              This includes Business Continuity Management (BCM)
WORK GUIDELINES OF THE STEERING COMMITTEE CRISIS                              activation, identification of critical business units, work
MANAGEMENT – BUSINESS CONTINUITY MANAGEMENT                                   arrangements (WFH/WFO), operational working hours, and
                                                                              other necessary measures during emergency situations.
The Work Guidelines of the Steering Committee Crisis                       3. Addressing and resolving strategic issues, including
Management – Business Continuity Management refers to the                     collaborations between work units and partnerships with
Decree of the Board of Directors No. 04/507A-KEP/DIR, which                   parent companies in preventing and managing Covid-19
regulates, among others:                                                      within the Bank.
1. Organizational Structure of the Steering Committee                      4. Discussing and defining temporary benefits and/or
2. Duties, Authorities, and Responsibilities of the Steering                  allowances for employees affected by disasters, including
    Committee                                                                 the Covid-19 pandemic.
3. Rules of Conduct of the Steering Committee                              5. Delegating authority to designated officials to make decisions
4. Duties, Authorities, and Responsibilities of the Working                   and implement measures related to disaster prevention and
    Group of the Steering Committee                                           emergency response, including Covid-19.
                                                                           6. Monitoring and evaluating the implementation of operational
DUTIES AND RESPONSIBILITIES OF THE STEERING                                   strategies as approved by the Steering Committee.
COMMITTEE CRISIS MANAGEMENT – BUSINESS                                     7. Performing other duties that require the assistance from the
CONTINUITY MANAGEMENT                                                         Crisis Management Team (CMT).


The Steering Committee Crisis Management – Business
Continuity Management is tasked with and responsible for:
1. Determining prevention, response, recovery, and
   communication strategies for managing the impact of
   disasters, including the Covid-19 pandemic, within the Bank.




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MEMBERSHIP STRUCTURE OF THE STEERING COMMITTEE CRISIS MANAGEMENT – BUSINESS CONTINUITY MANAGEMENT


               Function                                                                   Officer
 Chairman                               Vice President Director

 Vice Chairman                          Information Technology Director
 Secretary 1                            The secretariat function is carried out by the Work Unit which acts as the Head of the Working Group of the
                                        committee. Group Head Operations Development
 Secretary 2                            Group Head IT Operations
 Secretary 3                            Group Head Human Capital Strategy and Policy
 Permanent Voting Member                1. Vice President Director
                                        2. Information Technology Director
                                        3. Sales & Distribution Director/Consumer Banking SEVP
                                        4. Compliance & Human Capital Director/Human Capital SEVP
                                        5. Risk Management Director/Financing Risk SEVP
                                        6. Finance & Strategy Director
                                        7. Operations SEVP
                                        8. Human CapitalDigital Banking SEVP
 Contributing Non Voting Member         1. Group Head/Equivalent Official Speaker
                                        2. Group Head/Equivalent Official related to the material


PROFILE OF THE STEERING COMMITTEE CRISIS MANAGEMENT – BUSINESS CONTINUITY MANAGEMENT


The profiles of the Committee members from both the Board of Directors and SEVPs can be found in the Company Profile chapter under
the Profile of the Directors section and the Profile of Officers One Level Below the Board of Directors in this Annual Report.


TRAINING OF THE STEERING COMMITTEE CRISIS MANAGEMENT – BUSINESS CONTINUITY MANAGEMENT


The training of the Committee members from the Board of Directors can be found in the Training and/or Competency Improvement
sub-chapter of the Board of Directors section within the Corporate Governance chapter of this Annual Report.


INDEPENDENCY OF THE STEERING COMMITTEE CRISIS MANAGEMENT – BUSINESS CONTINUITY MANAGEMENT


All Committee members have no affiliations with other Directors, Commissioners, or Controlling Shareholders. They are not shareholders
of the Company that could affect their ability to act independently, nor are they Commissioners, Directors, or employees of companies
that have affiliations or business relationships with the Company.


MEETINGS AND IMPLEMENTATION OF DUTIES OF THE STEERING COMMITTEE CRISIS MANAGEMENT – BUSINESS
CONTINUITY MANAGEMENT


          Implementation
 No                                                                                 Agenda
               Date
  1     September 3, 2024      Approval of Changes to the Methodology for Determining Application Criticality and Recovery Strategy



Implementation of Governance in Providing Remuneration for Sharia Commercial Banks

Remuneration and Nomination Committee

The description regarding the Nomination and Remuneration Committee is presented in the subsection “Nomination and Remuneration
Committee” in the Corporate Governance chapter of this Annual Report.


Remuneration Policy Preparation Process

In the process of providing remuneration for management and all employees, the Bank consistently applies the principles of good
corporate governance (GCG) applicable to the Bank as an Islamic bank and a public company. It prioritizes the implementation of
prudence and compliance with Sharia principles, while also considering fairness in value within the industry, in providing balanced and
measurable compensation in accordance with the performance of each individual at the Bank.




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This is carried out to encourage the implementation of prudent      The said remuneration policy includes:
risk taking and employee productivity in order to achieve the       1. The remuneration structure which covers the remuneration
Bank’s optimal, sustainable, and ongoing business targets as part      scale based on level and position, as well as the remuneration
of realizing the Bank’s vision and mission.                            components consisting of:
                                                                       a. Salary;
Remuneration Policy for the Board of Directors, Board                  b. Honorarium;
of Commissioners, and Sharia Supervisory Board                         c. Incentives; and/or
                                                                       d. Fixed and/or variable allowances.
In the process of providing remuneration for management,            2. The methods and mechanisms for determining remuneration.
namely the Board of Directors, Board of Commissioners, and the         In accordance with the Bank’s Articles of Association,
Sharia Supervisory Board, the Remuneration and Nomination              the determination of the amount of remuneration for
Committee plays an important role in recommending the                  the Board of Commissioners, Board of Directors, and
structure, policy, and amount of remuneration to be received by        the Sharia Supervisory Board is decided by the General
each member of the Board of Directors, Board of Commissioners,         Meeting of Shareholders (GMS) by taking into account
and Sharia Supervisory Board of the Bank. This is done while           the recommendations of the Bank's Remuneration and
prioritizing compliance with prevailing regulations before being       Nomination Committee.
approved and determined by the GMS. This has been previously
outlined under the duties, responsibilities, and authorities of         In proposing the structure and amount of remuneration
the Remuneration and Nomination Committee in the Corporate              for the Board of Directors, Board of Commissioners, and
Governance Chapter of this Annual Report.                               Sharia Supervisory Board to the Board of Commissioners,
                                                                        the Remuneration and Nomination Committee takes into
The remuneration policy for the Board of Directors, Board of            consideration several important factors, namely:
Commissioners, and the Sharia Supervisory Board of the Bank is          a. The prevailing remuneration within the banking industry
implemented based on the applicable regulations, namely:                    and the Bank’s scale in a peer-to-peer comparison in
a. Financial Services Authority Regulation (POJK) Number 59/                the national banking industry in general, and within the
    POJK.03/2017 concerning Implementation of Governance                    sharia banking industry in particular;
    in Remuneration for Sharia Commercial Banks and Sharia              b. The duties, responsibilities, and authorities of
    Business Units and its annexes;                                         each member of the Board of Directors, Board of
b. Regulation of the Minister of State-Owned Enterprises of                 Commissioners, and Sharia Supervisory Board in relation
    the Republic of Indonesia Number PER-04/MBU/06/2020                     to the achievement of objectives and performance of
    concerning Amendments to the Regulation of the Minister                 the Issuer or Public Company;
    of State-Owned Enterprises Number PER-03/MBU/2012                   c. The achievement of the Bank’s performance targets on a
    concerning Guidelines for the Appointment of Members                    bank-wide scale;
    of the Board of Directors and Board of Commissioners of             d. The performance achievement or Key Performance
    Subsidiaries of State-Owned Enterprises;                                Indicator (KPI) of each member of the Board of Directors,
c. Regulation of the Minister of State-Owned Enterprises of                 Board of Commissioners, and Sharia Supervisory Board;
    the Republic of Indonesia Number PER-3/MBU/03/2023                  e. The risk and complexity of the duties of the Sharia
    concerning Organs and Human Resources of State-Owned                    Supervisory Board in accordance with the duties and
    Enterprises;                                                            responsibilities of its members;
d. Mandiri Subsidiaries Management Principles Guideline                 f. The proportionality of remuneration for the Board of
    (MSMPG) of 2024; and                                                    Commissioners by considering the comparison of risk
e. The Bank’s Articles of Association.                                      and complexity of duties between the Sharia Supervisory
                                                                            Board and the Board of Commissioners; and
The formulation of the remuneration policy is carried out by            g. The balance between fixed and variable allowances.
taking into consideration:
a. The establishment of effective risk management;                  The structure, policy, and amount of remuneration as referred
b. The financial stability of the bank;                             to shall only apply for 1 financial year period in accordance
c. The adequacy and strengthening of the Bank’s capital;            with the GMS resolution. The Remuneration and Nomination
d. The short-term and long-term liquidity needs;                    Committee must evaluate the remuneration policy at least once
e. The Bank's potential future income; and                          a year and re-propose the structure and amount of remuneration
f. Compliance with sharia principles.                               for the Board of Directors, Board of Commissioners, and Sharia
                                                                    Supervisory Board to the GMS in each Annual GMS of the Bank.




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Employee Remuneration Policy                                             4) Transportation Assistance. This is a lumpsum payment
                                                                              given to Area Segment and Business Managers to support
These governance principles are also applied in the provision                 mobility in carrying out their tasks. The transportation
of remuneration for all employees of the Bank as outlined in                  assistance is discontinued if the employee no longer
the Standard Operating Procedure for Human Capital PT Bank                    holds the position.
Syariah Indonesia Year 2022 (SPO HC).                                 b. Bonus
                                                                         The bonus is an appreciation from the Bank for certain
Unlike the remuneration policy for management, which requires            performance or conditions. The Performance Bonus is a
a decision from the General Meeting of Shareholders (RUPS),              reward from the Bank for the employee’s achievement
the employee remuneration policy is determined by the Board of           during a specific period. The bonus is determined based on
Directors with oversight from the Board of Commissioners and             individual performance, the performance of the work unit,
the Sharia Supervisory Board.                                            and the overall performance of the Bank, considering the
                                                                         business strategy and the Bank’s capabilities.
In accordance with SPO HC, the Remuneration and Nomination            c. Incentive
Committee also plays a role in providing remuneration policy             Incentives are rewards from the Bank for achieving sales/
recommendations for all employees to be submitted to the                 operational income based on certain thresholds and/or
Board of Commissioners, considering:                                     criteria. Incentives consist of:
a. Financial performance;                                                1) Regular Incentive
b. Fulfillment of provisions for Asset Write-Off Allowance;                   A regular incentive given in cash based on sales
c. Fairness compared to the peer Unit of Work at the Head                     achievements per unit/product or the results of
    Office; and                                                               collections, according to the specific incentive scheme.
d. Consideration of the Bank’s long-term goals and strategy.             2) Long-Term Incentive
                                                                              An incentive given over a certain period (more than one
Information regarding employee remuneration has been                          year) if the employee can enhance the company’s value
presented in the Remuneration subsection of the Human Capital                 over that period. Examples include stock ownership
chapter in this Annual Report.                                                options, among others.


Scope of Remuneration Policy Based on Specific                        Remuneration Linked to Risk
Criteria
                                                                      In prioritizing the principle of prudence, the Bank determines
To create alignment and encourage increased employee                  the performance measurement methods and types of risks in
motivation based on differences in work areas, risk levels, and       determining the provision of variable remuneration based on the
job capacity, the Bank measures and sets remuneration policies        scale and complexity of the Bank’s business.
by prioritizing the principle of prudence through benchmarking
against peers.                                                        The provision of variable remuneration for the Board of Directors
                                                                      and the Board of Commissioners considers: Performance, which
Variable income is a component of earnings received by                includes the performance of management, employees, business
employees in varying amounts based on specific criteria.              units, and the overall performance of the Bank; and Risk, which
                                                                      refers to the risks faced by the Bank.
Variable Income consists of:
a. Non-Recurring Allowances are provided in cash to certain           In determining the risks associated with variable remuneration,
    employees based on their position, nature of the job, or          the Bank considers the risks that have the most significant
    work location. These allowances may change (increase/             impact on its business activities, considering the main risks as
    decrease) or be discontinued if the employee no longer            referenced in the regulations of the Financial Services Authority
    holds the position or is in the previous work location. These     (OJK) related to the assessment of the health level of Islamic
    allowances include:                                               commercial banks and Islamic business units.
    1) Position Allowance. This allowance is given for positions
        that have specific responsibilities, expertise, or business   The Bank provides variable remuneration in the form of shares
        risks not accounted for in job grading and the annual         or share-based instruments issued by the Bank, amounting to a
        guaranteed cash market position.                              certain percentage of the variable remuneration. The percentage
    2) Communication Allowance. This allowance is given as            of remuneration provided in the form of shares or share-based
        a subsidy for employees whose jobs require intensive          instruments issued by the Bank may differ at each level of
        communication with external parties using personal            position, taking into consideration factors such as the role and
        communication tools.                                          responsibilities of the individual in the management of the Bank.
    3) Location Allowance. This allowance is given based on
        geographical differences in the cost of living.




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Monitoring the Implementation                                             e. Monitoring the entire employee fulfillment process from
of Remuneration Policies                                                     candidate sourcing, selection, confirmation, to placement,
                                                                             and ensuring that it complies with Human Capital regulations.
In the implementation of monitoring the remuneration policy,              f. Monitoring employee training and development;
the Bank periodically conducts:                                           g. Monitoring the implementation of industrial relations in the
a. Evaluating salary scales and bonuses periodically to ensure               Bank;
    that the Bank's remuneration system is competitive with the           h. Monitoring the Reward System; and
    market.                                                               i. Monitoring Talent and Succession.
b. Reviewing employee benefit facilities based on
    implementation data obtained from the Relevant Business
    Units and market data based on surveys issued by competent            External Consultant Name and Consultant's
    independent institutions appointed by the Bank based on               Duties Related to Remuneration Policy
    benchmarks conducted directly with peers.
c. Holding meetings with the Relevant Business Units to                   In 2024, the Bank not hire external consultant services in
    ensure that these units have a good understanding of                  preparing the Remuneration policy. The Bank's remuneration
    employee benefit facilities so that the implementation of             policy is prepared with reference to the applicable provisions in
    these facilities can be carried out in accordance with the            both banking and capital markets and the Bank's provisions as
    applicable regulations.                                               a Subsidiary of Bank Mandiri, while still considering the market
d. Monitoring organizational adjustments and job level                    analysis conducted by the Bank internally.
    rankings, employee development programs, workforce
    planning, and ensuring that their implementation complies
    with Human Capital regulations.




Remuneration Package and Facilities Received by the Board of Directors, Board of Commissioners, and
Sharia Supervisory Board (DPS)

                                                                               Amount Received in 1 Year
   Types of Remuneration and Other
                                                 Boards of Directors            Board of Commissioners                     DPS
               Facilities
                                               Person     Million (IDR)         Person     Million (IDR)         Person       Million (IDR)
 Salary, bonuses, routine allowances,            10         119.699               10          56.633                5             9.122
 tantiem, and other facilities in non-kind
 form
 Other facilities in kind (housing,                             -                                -                                   -
 transportation, health insurance and so on)
 which *):
 a. can be owned
 b. cannot be owned


 Total                                                      119.699               10          56.633                5             9.122
 *) Valued in rupiah equivalent.




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Remuneration Packages Categorized by Income Levels Received by The Board of Directors, Board of
Commissioners, and DPS in One Year

                                                                     Number of        Number of Board of          Number of Sharia
       Amount of Remuneration per Person in 1 year *)
                                                                     Directors         Commissioners              Supervisory Board
 above IDR 2 billion                                                     8                      2                          -
 above IDR 1 billion up to IDR 2 billion                                 2                      5                          -
 above IDR 500 million up to IDR 1 billion                               -                      3                          3
 IDR 500 million and below                                               -                      -                          2
 *) received in cash



Variable Remuneration                                                   Shares Options Owned by Directors, Board of
                                                                        Commissioners, SSB and Executive Officers
Additionally, the Bank provides variable compensation, including
Location Allowance, Specific Position Allowance, Appearance             BSI did not issue a share option program for the Board of
Allowance for frontliner employees, Overtime Compensation,              Directors, Board of Commissioners, or employees during 2024.
Performance Achievement Bonus, Sales Incentives, retention
programs, and the Long-Term Incentive program in the form               Highest and Lowest Salary Ratio
of shares. Specifically, Independent Commissioners receive
remuneration in the form of cash in accordance with the                 1. The ratio of the highest and lowest salaries of Directors;
provisions of OJK Regulation No. 45/POJK.03/2015. To support               1.6:1
employee duties, the Bank provides office facilities, including         2. The ratio of the highest and lowest salaries of the Board of
official residence, reimbursement for utility costs, phone credit,         Commissioners; 1.1:1
and rental official vehicles. To support employees' needs for           3. The ratio of the highest and lowest salaries of DPS; 1.46:1
homeownership, vehicles, and other necessities, the Bank offers         4. The ratio of the highest and lowest salaries of employees;
Employee Welfare Credit facilities.                                        67.0:1
                                                                        5. The ratio of the highest salaries of Directors and the highest
Position and Number of Parties that are Material                           employees. 1.68:1
Risk Takers (MRT)
                                                                        Number of Recipients and Total Amount of Variable
All members of the Board of Commissioners and Board of                  Remuneration Guaranteed Without Condition
Directors of BSI are material risk takers. The members of the
Board of Directors and the Board of Commissioners who served            Throughout 2024, there were no recipients or total amounts of
during the 2024 financial year totaled 20 individuals.                  unconditional Variable Remuneration guaranteed to be provided
                                                                        by Bank Mandiri to prospective members of the Board of
                                                                        Directors, prospective members of the Board of Commissioners,
                                                                        and/or prospective employees during the first year of
                                                                        employment, as stipulated in Article 21 of OJK Regulation No.
                                                                        45/POJK.03/2015.




      PT Bank Syariah Indonesia Tbk
434 2024 Annual Report
Page 437
Total Amount of Deferred Variable Remuneration

                                 Deferred Variable
         MRT                      Remuneration                                                      Information
                            Cash        Share (IDR)
 Board of                    -          4.356.643.200     Total blocked shares x closing trading price at the end of 2024 (as of December 30, 2024):
 Commissioners
 Board of Directors          -         25.391.429.700     Total blocked shares x closing trading price at the end of 2024 (as of December 30, 2024):
                                                          9,300,890 shares x IDR 2,730



Total Amount of Deferred Variable Remuneration Paid During 1 (One) Year

                             Deferred Variable
         MRT                  Remuneration                                                         Information
                            Cash       Share (IDR)
 Board of                    -         2.121.920.269    Total blocked shares x execution share price: 690,900 shares x IDR 3,071.2408
 Commissioners
 Board of Directors          -        13.709.947.690    Total blocked shares x execution share price: 4,463,000 shares x IDR 3,071.2408



Total Remuneration Given in 1 (One) Year to MRT

Details of the amount of Remuneration given in 1 (one) year include:


                                                                     Fixed remuneration                              Variable remuneration
 Cash                   Board of Commissioners                          54.511.240.930                                                    -
                        Board of Directors                             105.993.031.490                                                    -
                        Total Cash                                     169.626.942.342                                                    -
 Share                  Board of Commissioners                                         -                                   2.121.920.269
                        Board of Directors                                             -                                 13.706.947.690



Quantitative Information

                                                                                                     Total Reduction During Reporting Period

           Types of Variable Remuneration *)                   Remaining Pending           Due to Explicit        Due to Implicit               Total
                                                                                            Adjustment             Adjustments                 (A)+(B)
                                                                                                 (A)                   (B)
 Cash (in million rupiah)                                    2.234.722.931
 Shares / Share-based Instruments issued by the Bank         11.684.482.010
 (in shares and the nominal value in million rupiah,
 which is the conversion from the number of shares)




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Public Accountant                                                           a. The Public Accounting Firm has a valid business license
                                                                               from the Ministry of Finance.
Appointment of Public Accountant                                            b. The Public Accounting Firm is registered with the Public
                                                                               Accounting Firm Information System of the Supreme
1. The appointment of PAF and PA as well as the determination                  Audit Agency.
   of fees/honorarium for auditing the Company’s ongoing                    c. The Public Accountants who become Signing Partners
   books is carried out based on the proposal of the Board of                  are registered as active at the Financial Professional
   Commissioners in accordance with the recommendations of                     Development Center of the Ministry of Finance, the
   the Audit Committee.                                                        Financial Services Authority, and State-Owned Banks,
2. PAF and/or PA that have carried out audit work well, can                    which are members of the State Bank Association.
   be proposed again to audit the annual f inancial statements              d. Affiliated as a member (not correspondence) of an
   for the following financial year after considering the                      international PAF.
   requirements in the applicable provisions. The requirements              e. Experienced in auditing annual financial statements of
   for auditing the Company’s financial statements for the                     commercial banks with breast more than Rp10 trillion.
   f inancial year ending December 31, 2023, as well as the                 f. Experienced in auditing annual financial statements of
   Board of Commissioners’ evaluation, are as follows:                         Sharia banks or Sharia business units.




Public Accounting Firms, Accountant Names, and Fees

Table of Public Accounting Firms, Accountant Names, and Fees
                                                                          Name of Accountant
   Tahun                Public accounting firm             KAP Period                              AP Period      Audit Service Fee*
                                                                         (Responsible Partner)
                  Rintis, Jumadi, Rianto & Partners
                                                           4th year of                             1st year of
    2024        Accounting Firm (a member firm of the                    Lucy Luciana Suhendra                      5.950.000.000
                                                           assignment                              assignment
                        PwC global network)
                Tanudiredja, Wibisana, Rintis & Partners
                                                           3rd year of                             3rd year of
    2023         Accounting Firm (a member firm of the                     M. Jusuf Wibisana                        5.600.000.000
                                                           assignment                              assignment
                         PwC global network)
                Tanudiredja, Wibisana, Rintis & Partners
                                                           2nd year of                             2nd year of
    2022         Accounting Firm (a member firm of the                     M. Jusuf Wibisana                        5.400.000.000
                                                           assignment                              assignment
                         PwC global network)
                Tanudiredja, Wibisana, Rintis & Partners
                                                           1st year of                             1st year of
    2021         Accounting Firm (a member firm of the                     M. Jusuf Wibisana                        5.100.000.000
                                                           assignment                              assignment
                         PwC global network)
 *Including VAT & OPE




Other Services Provided by Accountants

Fees for other services provided by accountants totaled IDR3,799,000,000, with the following details:
1. Comfort Letter & AUP Default related to the issuance of Sustainability Sukuk
2. AUP on PSA 62 as of December 31, 2024
3. AUP on the Report of Performance Evaluation Results as of December 31, 2024
4. AUP on Custodian Services as of December 31, 2024




      PT Bank Syariah Indonesia Tbk
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The Internal Control System                                           2. Organizational Structure
                                                                         a. In order to realize the vision and mission of the Bank, it
Bank BSI melaksanakan Sistem Pengendalian internal (SPI)                     establishes a flexible organization in line with the needs
secara efektif terhadap pelaksanaan kegiatan usaha dan                       and developments of the banking industry and the
operasional pada seluruh jenjang organisasi Bank BSI. Penerapan              Bank's business strategy.
SPI secara efektif dapat meningkatkan kepatuhan terhadap                 b. The Bank has an adequate organizational structure that
ketentuan dan peraturan perudang-undangan, serta mengurangi                  reflects the division of duties and responsibilities as
risiko terjadinya kerugian, penyimpangan dan pelanggaran aspek               determined in accordance with applicable provisions.
kehati-hatian. Terselenggaranya SPI Bank BSI yang andal dan              c. The Bank has a written policy regarding the provisions
efektif menjadi tanggung jawab dari seluruh risk taking unit dan             and procedures for changing the organizational
satuan kerja pendukung serta SKAI.                                           structure.
                                                                         d. The Bank's organization is determined by the Board of
The internal control system is a continuous monitoring                       Directors and approved by the Board of Commissioners.
mechanism established by the Board of Directors with approval         3. Sharia Principles, Integrity, Ethical Values, and Competence
from the Board of Commissioners with the following objectives:           The Board of Directors and Board of Commissioners have
1. Maintain and secure Bank assets                                       an obligation and commitment to build sharia principles,
2. Ensure the availability of more accurate reports                      integrity, ethical values and fulfillment of the competencies
3. Increase compliance with applicable regulations                       of all parties and/or employees required to carry out their
4. Reduce financial impacts/losses, deviations including                 duties.
    cheating or fraud, and violations of prudential aspects           4. Leadership Style and Management Philosophy of Internal
5. Increase organizational effectiveness and cost efficiency             Bank Use.
                                                                         a. Bank management is carried out with reference to the
The components of the Internal Control System implemented                    principles of Good Corporate Governance including
by the Bank refer to the provisions of banking regulators and                sharia principles.
take into account the principles/practices of internal control that      b. Bank decision-making is carried out, among others,
apply internationally (International Best Practice), namely:                 through Board of Directors meetings and the Board of
1. Internal Environment.                                                     Directors is authorized to determine other mechanisms
2. Objective Setting.                                                        for decision-making.
3. Event Identification.                                                 c. The Bank's decision-making process is carried out in a
4. Risk Assessment.                                                          bottom-up and top-down manner.
5. Risk Response.                                                        d. The Bank establishes policies aimed at preventing the
6. Control Activities.                                                       emergence of opportunities for deviations or violations
7. Information, Communication and Accountancy.                               of the principle of prudence.
8. Monitoring.                                                        5. Commitment to competence
                                                                         a. All recruitment, development and career ladder
Internal Environment                                                         processes are carried out by considering employee
                                                                             competency.
The Bank has commitments, behavior and concerns that are                 b. Management assigns and places employees based on
reflected in:                                                                job exposure, level of knowledge, ability, mastery of
1. Human Resources Management (HR) In order to produce                       technical competency and application of behavior and
     HR who have good integrity and competence and provide                   results of employee performance assessments.
     significant contributions, the Bank:                                c. The Bank's decision-making process is carried out in a
     a. Establish policies and procedures regarding human                    bottom-up and top-down manner. The Bank establishes
         resource management.                                                policies that aim to prevent the emergence of
     b. Plan employee adequacy and recruitment process                       opportunities for deviations or violations of the principle
         according to the Bank's operational needs.                          of prudence.
     c. Provide remuneration to employees (salary, bonus, etc.).         d. Commitment to competency All recruitment,
     d. Based on performance by considering the amount of                    development and career ladder processes are carried
         remuneration for job groups in the peer group.                      out by considering employee competency.
     e. Provide welfare facilities to employees (health, labor           e. Management assigns and places employees based on
         insurance, employee financing, employee retirement,                 job exposure, level of knowledge, ability, mastery of
         etc.) according to the bank's capabilities.                         technical competency and application of behavior and
     f. Implement an employee development system.                            results of employee performance assessments.
     g. Establish harmonious and mutually beneficial industrial
         relations and employee relations.
     h. Establish a termination system.




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Objective Setting                                                       d. Improvement of the reporting process if there are
                                                                             changes in the Bank's business activities, products,
The Bank sets targets as a requirement of the effective event                transactions, risk factors, information technology and
identification, risk assessment and risk response process. The               risk management information systems that are material.
Bank's targets consist of:                                           8. Implement risk control processes to manage certain risks
1. High-level targets of strategic objectives and in line with the      that may endanger the Bank's business continuity and in
    Bank's vision, mission, and operational principles.                 accordance with sharia principles.
2. Derivative targets of strategic objectives at the operational     9. Implement the function of controlling exchange rate risk and
    level (activities, work units, etc.).                               liquidity risk through the application of asset and liabilities
                                                                        management (ALMA).
Event Identification
                                                                     Risk Assessment
1. In order to achieve targets, the Bank identifies events that
   have the potential to affect the Bank's ability to implement      Risk assessment is a series of actions carried out by the Bank
   strategies and achieve targets effectively.                       in the context of identifying, analyzing and assessing the risks
2. Identification is carried out on events that are estimated        faced by the Bank to achieve the set targets
   to have a negative impact (risk) that requires the Bank's         1. The Bank, through the work unit that has the function of
   assessment and response, as well as on events that are                managing Risk Management, continuously identifies and
   estimated to have a positive impact which are opportunities           assesses aspects that influence the achievement of the
   for the Bank to determine strategies to achieve the Bank's            Bank's targets.
   targets.                                                          2. Assessment of the effectiveness of implementing controls
3. Banks are required to identify, measure, monitor and control          to prevent/minimize the occurrence of risks is carried out
   risks against all material risk factors.                              independently by the Internal Audit Work Unit so that the
4. Implementation of the risk identification, measurement,               audit scope is broader and more comprehensive.
   monitoring and control process must be supported by:              3. Risk assessment is carried out by:
   a. Timely management information system.                              a. Identifying the types of risks faced by the Bank.
   b. Accurate and informative reports on the Bank's financial           b. Determining risk limits that serve as benchmarks for
        condition, functional activity performance and risk                   creating risk profiles in the form of data documentation,
        exposure.                                                             which is updated periodically.
5. Carry out the risk identification process by analyzing:           4. Risk assessment is carried out on measurable (quantitative)
   a. The risk characteristics inherent in the Bank.                     risks, unmeasurable (qualitative) risks, and controllable
   b. Risks from the Bank's products and business activities.            and uncontrollable risks, taking into account the costs and
   c. Experience of bank losses that have occurred.                      benefits. If the Bank decides to take the risk, it is required to
6. Implement the risk measurement process through:                       determine risk mitigation.
   a. Periodic evaluation of the suitability of assumptions,         5. Risk assessment covers both individual and aggregate,
        data sources and procedures used to measure risk.                including loan risk, market risk, liquidity risk, operational risk,
   b. Improvement of the risk measurement system if there                legal risk, reputation risk, strategic risk, compliance risk, yield
        are changes in the Bank's business activities, products,         risk, investment risk, and integrated risk.
        transactions and risk factors, which are material.
   c. Conducting periodic measurements for products,                 Risk Response
        portfolios and all of the Bank's business activities.
   d. Measuring risk both quantitatively and qualitatively,          The Bank determines actions to respond to risks based on the
        using methods determined by the regulator and/or             assessment of relevant risks and controls. Response actions
        developed by the Bank.                                       taken may include risk mitigation, or risk reduction, and/or risk
7. Carry out risk monitoring through:                                sharing, and/or risk acceptance as implemented in the Bank's
   a. Evaluation of the risk exposure of all material transaction    policies.
        and business activities of the Bank and which have an
        impact on the Bank's capital condition.                      In considering response actions, the Bank considers costs &
   b. The Bank monitors compliance with internal limits.             benefits, and selects response actions that lead to the likelihood
        Internal Use of the Bank.                                    and impact that are in accordance with the Bank's risk tolerance
   c. The Bank monitors the consistency of the                       and risk appetite limits.
        implementation of risk management with established
        policies and procedures.




     PT Bank Syariah Indonesia Tbk
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Control Activities – Financial and Operational Control                   -   The Bank manages and controls documents so that they
                                                                             are always available for the benefit of internal auditors,
OPERATION CONTROL                                                            public accountants and supervisory authorities.
                                                                         - The Internal Audit Work Unit assesses the availability
a. Management Review (Top Level Review)                                      and accuracy of the Bank's documents.
   - The Division Director periodically requests operational        f.   Banks are required to ensure that policies, procedures,
       performance reports from work units under his/her                 systems and accounting standards as well as established
       supervision and instructs corrective actions or other             audit processes are implemented by all levels of the
       directives.                                                       organization.
   - The Head of the work unit periodically requests
       operational performance reports from officials under         SEPARATION OF FUNCTIONS ACTIVITIES
       his/her supervision and reviews the realization and
       solutions for achieving targets (work plans).                a. Determination of the limits of function, authority, and
b. Operational Performance Review (Functional Review) This             responsibility of the Bank's ranks is regulated in the
   review is carried out by the Head of the Work Unit, including:      organizational structure.
   - Assessment of the Work Unit risk profile.                      b. Functions that may not be performed concurrently include
   - Operational data analysis.                                        business, risk, and operations.
   - Identification of the causes of deviations and corrective      c. The Bank implements a separation of functions (segregation
       actions. towards the realization of target achievement.         of duties/four eyes principal) between the functions
   - Problems in the Work Unit that can harm the Bank both             of maker, examiner, decision maker, and supervisor in
       materially and immaterially.                                    accordance with applicable policies and procedures to avoid
c. Information Technology System (ITS) Control                         any conflict of interest.
   - Each job function in the Work Unit verifies the accuracy       d. Check and Recheck Principle
       and completeness of transactions and carries out                - Every activity/transaction contains elements of maker,
       authorization procedures according to the provisions.               checker, and approver.
   - The Work Unit in charge of STI carries out general                - The weight of responsibility between maker, checker,
       control and application control:                                    and approver is determined according to the limits of
       1) General control.                                                 their respective authorities.
           Covers data center operational control, software         e. Banks are required to appoint alternate officials/officers if
           procurement and maintenance systems, access                 there are officials/officers who are absent or unable to carry
           security and application system development and             out their duties in strategic positions.
           maintenance. The control is applied to servers, user
           workstations and internal/external networks.             Compliance Control with Other Statutory Regulations
       2) Application control.
           Applied to programs used by banks to process             Compliance control with laws and regulations ensures that all
           transactions to ensure all transactions are correct      Bank business activities are carried out in accordance with sharia
           and accurate.                                            principles and applicable laws and regulations, both provisions
d. Physical Asset Control                                           issued by the government, banking regulators, Bank supervisory
   - The Bank establishes policies and Standard Operating           authorities and internal policies, provisions and procedures
       Procedures regarding the management of Bank assets.          established by the Bank.
   - Management and control of Bank assets are carried out
       by all Work Units in charge of facilities and logistics.     The Compliance Function plays an important role in creating a
   - Bank staff are required to maintain Bank assets in             strong compliance culture across all levels of the organization.
       accordance with applicable provisions.                       The Compliance Function ensures that the Bank continues to
e. Documentation                                                    operate in compliance with applicable regulations, maintains
   - The Bank prepares and documents adequate policies,             customer integrity and trust, and supports the sustainability of
       procedures, systems, and accounting standards as well        the Bank's operations in a sound and regulatory manner. The
       as audit processes.                                          duties and responsibilities of the Compliance Function include
   - The Bank updates documents periodically to describe            establishing steps to support the creation of a compliance
       the Bank's actual activities.                                culture, identifying and managing compliance risks, and
                                                                    assessing the effectiveness of existing policies, provisions, and
                                                                    procedures in the bank to comply with regulations set by the
                                                                    Financial Services Authority (OJK) and sharia principles for sharia
                                                                    commercial banks.




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In addition, the Compliance Function is also responsible for              and/or their savings. In this case, the provisions on
reviewing and providing recommendations related to existing               Bank Confidentiality do not apply to matters related to
policies and procedures, so that they are always updated and              examination and evidence by authorized parties.
adjusted to changes in laws and regulations. This is important        10. Implement information technology systems and information
to ensure that all bank policies and business activities remain           technology system security.
in accordance with applicable provisions, both in terms of OJK
regulations, Bank Indonesia (BI) regulations, and sharia principles   COMMUNICATION SYSTEM
governing sharia commercial banks and sharia business units.
                                                                      1. The Bank has effective communication channels that
The Compliance Function has carried out several activities               enable all levels to understand and comply with applicable
to support compliance control with laws and regulations. The             policies and procedures in carrying out their duties and
Compliance Function has conducted analysis and evaluation                responsibilities.
of the effectiveness, adequacy, and suitability of the Board          2. The Bank's organizational structure provides adequate
of Directors' policies related to financing and non-financing.           information flow space, namely information upwards,
The Compliance Function also provides reviews, opinions,                 downwards and across work units.
and responses to current policies and contracts used, to
ensure compliance with applicable laws and regulations and            ACCOUNTING SYSTEM
sharia principles. In addition, the Compliance Function also
ensures compliance with the provisions stipulated in the FSA          Banks and bank staff involved in accounting systems are required
and Bank Indonesia regulations, including those related to            to:
the implementation of Good Corporate Governance (GCG)                 1. Prepare accounting provisions as a reference for work units
Principles in Sharia Commercial Banks (BUS) and Sharia Business           in identifying, clarifying, recording/booking, and reporting
Units (UUS).                                                              Bank transactions.
                                                                      2. Maintain accurate and consistent bookkeeping records of
Information, Communication and Accountancy                                financial transactions carried out in accordance with policies
                                                                          and procedures.
INFORMATION SYSTEMS                                                   3. Together with the Business Work Unit, periodically or at
                                                                          least every month, reconcile accounting data with data
1. The Bank has a Management Information System that                      processed by the information system. Any deviations that
   integrates work activities in each Work Unit and provides              occur must be immediately investigated and corrected. The
   accountable work activity reports.                                     reconciliation process must be documented.
2. The Management Information System includes financial
   information, compliance with provisions/regulations, market        Monitoring
   information, and implementation of risk management.
3. The Management Information System provides adequate                1. Monitoring Activities and Corrective Actions for Deviations
   evidence and documents to support the audit trail process.            Monitoring activities are monitoring of deviations/
4. The Bank has an up-to-date, documented, and tested                    nonconformities between processes and provisions. The
   contingency plan for the possibility of unforeseen events.            Bank continuously monitors the adequacy and effectiveness
5. The Bank provides data and information that is relevant,              of internal control implementation.
   accurate, timely, accessible to interested parties, and            2. Correction of Weaknesses and Corrective Actions for
   presented in a consistent format.                                     Deviations
6. The Bank ensures that information security is implemented             Corrective action for deviations is the recovery of deviations/
   effectively so that the information managed maintains its             nonconformities between the process and the provisions
   confidentiality, integrity, and availability.                         and the determination of recovery efforts. Weaknesses in
7. Information security is carried out on aspects of human               internal control, whether identified by operational work
   resources and the process of using information technology.            units (risk taking units), Internal Audit Work Units or other
8. Maintain the confidentiality and secrecy of customer                  parties, must be immediately reported to and brought to
   information and their savings as referred to in the applicable        the attention of authorized officials or Directors. Material
   laws and regulations in banking.                                      weaknesses in internal control must also be reported to the
9. Comply with Bank confidentiality provisions in the event              Board of Commissioners.
   of a legal problem that requires information on depositors




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Compliance with Committee of Sponsoring                                The results of the Internal Control System review are submitted
Organizations of Tradeway Commission (COSO)                            to the Board of Directors and Commissioners for follow-up
                                                                       and monitoring of its implementation effectively. In order to
The Internal Control System consists of 8 (eight) components that      strengthen the Internal Control System, especially to control
are interrelated with each other and are implemented effectively       fraud incidents, BSI has implemented a comprehensive and
at all levels of the Bank Syariah Indonesia organization in order to   integrated anti-fraud strategy as part of its strategic policy.
oversee the achievement of the Bank's objectives. This Internal        Based on the evaluation that has been carried out during 2024,
Control System is a development of 5 (five) main elements of           The results obtained show that the Internal Control System at
the Internal Control System regulated by the Regulator based on        BSI is generally adequate.
OJK Regulation No. 35/SEOJK.03/2017 concerning Guidelines
for Internal Control System Standards for Commercial Banks.            Statement of The Directors and/or the Board of
                                                                       Commissioners on The Adequacy of the Internal
At BSI, the Internal Control System is manifested in the form          Control System
of an Internal Control System Policy that refers to the 2008
COSO Model as developed by the Committee of Sponsoring                 The Board of Directors is responsible for the implementation
Organizations of the Treadway Commission (COSO), which                 of a reliable and effective Internal Control System and has an
consists of:                                                           obligation to improve an effective risk awareness culture and
1. Internal Environment                                                ensure that it is embedded at every level of the organization.
2. Objective Setting
3. Event Identification                                                Internal Audit is responsible for evaluating and actively
4. Risk Assessment                                                     participating in continuously improving the effectiveness of the
5. Risk Response                                                       Internal Control System related to the implementation of Bank
6. Control Activity                                                    operations in achieving the targets set by the company. Internal
7. Information & Communication                                         Audit conducts periodic and incidental audits on all activities in
8. Monitoring                                                          the Work Unit.


Evaluation of The Implementation of The Internal                       The results of the Internal Control System evaluation are submitted
Control System                                                         to the Board of Directors and the Board of Commissioners for
                                                                       follow-up and monitoring of its implementation effectively.
The Board of Directors is responsible for the implementation           Based on the results of the evaluation of the implementation of
of a reliable and effective Internal Control System and has an         the Bank's internal control system in 2024, the Board of Directors
obligation to improve an effective risk awareness culture and          and the Board of Commissioners stated that the internal control
ensure that it is embedded at every level of the organization.         system as a whole has been running adequately.


Internal Audit is responsible for evaluating and playing an
active role in continuously improving the effectiveness of the
Internal Control System related to the implementation of bank
operations in achieving the targets set by the company. Internal
Audit conducts periodic and incidental audits of all activities in
the Work Unit.




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Risk Management                                                       8. OJK Regulation Number 38/ POJK.03/2016 dated
                                                                          December 1, 2016 concerning the Implementation of Risk
Along with external dynamics and BSI's products and services              Management in the Use of Information Technology by
continue to develop, the implementation of risk management                Commercial Banks.
becomes very important. Not only as a form of commitment              9. OJK Regulation No.11/POJK.03/2022 dated July 7, 2022
to compliance with laws and regulations, but also a careful               concerning the Financial Services Authority Regulation
attitude of management in managing the Bank. Hopefully, BSI's             concerning the Provision of Information Technology by
performance will continue to grow sustainably with the support            Commercial Banks.
of adequate risk management implementation. Through the               10. OJK Regulation No. 57/POJK/POJK.03/2016 dated
implementation of appropriate risk management, it is expected             December 9, 2016 concerning the Implementation of
to protect the Bank individually and its affiliated entities from         Management in Commercial Banks that Provide Excellent
the impact of changes in the business environment that have               Customer Services.
the potential to cause losses. In addition, the implementation of     11. Financial Service Authority Regulation No. 65/
risk management is also expected to create added value for all            POJK.03/2016 dated December 23, 2016 concerning the
stakeholders of the Bank. In accordance with regulations, Bank            Implementation of Risk Management for Sharia Commercial
risk management is a series of methodologies and procedures               Banks and Sharia Business Units.
used to identify, measure, monitor, and control risks arising from    12. OJK Circular Letter No.21/SEOJK.03/2017 dated June 6,
all Bank business activities. BSI always periodically evaluates the       2017 concerning the Implementation of Risk Management
effectiveness of the risk management framework and conducts               in the Use of Information Technology by Commercial Banks.
socialization in the organizational environment in order to create    13. OJK Circular Letter No.12/SEOJK.03/2018 dated August 21,
a good risk culture in the Bank's environment.                            2018 concerning the Implementation of Risk Management
                                                                          and Measurement of Standard Approaches for IRRBB for
Basis of Implementing Risk Management                                     Commercial Banks.
                                                                      14. OJK Circular Letter No.6/SEOJK.03/2020 dated April 29,
In implementing risk management, BSI refers to statutory                  2020 concerning Calculation of ATMR for Operations Using
provisions, including:                                                    the Standard Approach for Commercial Banks.
1. OJK Circular letter Number. 10/SEOJK.03/2014 dated June            15. OJK Regulation No. 37/ POJK.03/2019 dated December
    11, 2014 concerning Assessment of the Health Level of                 19, 2019 concerning Transparency and Publication of Bank
    Sharia Commercial Banks and Sharia Business Units.                    Reports.
2. OJK Regulation No. 8/ POJK.03/2014 dated June 13,                  16. Bank Indonesia Regulation No. 23/17/PBI/2021 dated
    2014 concerning Assessment of the Health Level of Sharia              December 17, 2021 concerning the Third Amendment
    Commercial Banks and Sharia Business Units.                           to Bank Indonesia Regulation No. 20/4/PBI/2018
3. OJK Regulation No. 17/ POJK.03/2014 dated November                     concerning the Macroprudential Intermediation Ratio
    18, 2014 concerning the Implementation of Integrated Risk             and Macroprudential Liquidity Buffer for Conventional
    Management for Financial Conglomerates.                               Commercial Banks, Sharia Commercial Banks and Sharia
4. OJK Regulation No. 21/ POJK.03/2014 dated November 18                  Business Units.
    2014 concerning Minimum Capital Requirements for Sharia           17. OJK Regulation No. 14/ POJK.03/2017 dated April 7, 2017
    Commercial Banks.                                                     concerning Action Plan (Recovery Plan) for Systemic Banks.
5. OJK Circular Letter No. 34/SEOJK.03/2015 dated 21                  18. OJK Regulation No. 11/ POJK.03/2019 dated March
    December 2015 concerning Calculation of Risk-Weighted                 28, 2019 concerning the Principle of Prudence in Asset
    Assets for Credit Risk Using the Standard Approach for                Securitization Activities for Commercial Banks.
    Sharia Commercial Banks                                           19. OJK Circular Letter No. 34/ SEOJK.03/2016 concerning the
6. OJK Circular Letter Number. 35/SEOJK.03/2015 dated                     Implementation of Commercial Bank Risk Management.
    December 21 2015 concerning Calculation of Risk-Weighted          20. OJK Circular Letter No. 29/ SEOJK.03/2022 concerning the
    Assets for Market Risk Using Standard Methods for Sharia              Resilience and Cyber Security of Commercial Banks.
    Commercial Banks.                                                 21. OJK Circular Letter No. 25/ SEOJK.03/2023 concerning the
7. OJK Circular Letter No. 34/SEOJK.03/2016 dated                         Implementation of Risk Management for Sharia Commercial
    September 1, 2016 concerning the Implementation of                    Banks and Sharia Business Units.
    General Bank Risk Management.




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Risk Management System

In implementing the risk management system, the Bank refers to 4 (four) pillars of risk management implementation, namely:




                                                STRONG RISK MANAGEMENT



   Active Supervision of the                                             Adequacy of Risk
                                     Risk Management Policies
   Board of Commissioners,                                              Management Process                   Comprehensive Internal
                                      and Procedures and Risk
    Board of Directors and                                              & Risk Management                       Control System
                                        Limit Determination
   Sharia Supervisory Board                                             Information System




  • Risk management policies         • Risk management               • Risk identification,                 • Effectiveness of internal
    & strategies                       methodology and                 measurement & monitoring               control over business
  • Risk Appetite & Risk               procedures                    • Reporting & MIS                        operations and risk
    Tolerance                        • Risk Limit                    • Risk Analytics                         management
  • Risk Culture                     • Organization                                                         • Review the implementation
                                                                                                              of risk management


                                          Covering 10 Risks Faced by Islamic Commercial Banks




Active Supervision by The Board of Commissioners,                    through meetings with all executive ranks of the bank. They also
Board of Directors and Sharia Supervisory Board                      continuously build constructive communication with the Board
                                                                     of Commissioners and Board of Directors to ensure alignment in
The Board of Commissioners, Board of Directors, and Sharia           the management of sharia principles and risk management.
Supervisory Board have a joint responsibility in ensuring the
effectiveness of risk management implementation at BSI.              Thus, these three parties work synergistic-ally in supervising and
Supervision carried out by the Board of Commissioners takes          optimizing the implementation of risk management at Bank BSI.
place periodically through the working mechanisms of the Risk
Monitoring Committee, the Integrated Governance Committee,           Risk Management Policies and Procedures and Risk
and the Audit Committee. In addition, coordination between           Limit Determination
the Board of Commissioners and the Board of Directors and
executive officers of the bank is also carried out through routine   The Bank creates and establishes risk management policies
meetings, such as the Board of Commissioners and Board of            by taking into account the vision, mission and strategic plan
Directors Meeting.                                                   and establish procedures and implementation provisions for
                                                                     transaction/activity limits, products and the Bank's portfolio.
The Board of Directors carries out active supervision with high
intensity through various existing committees, such as the           RISK MANAGEMENT POLICY
Risk Management Committee, ALCO Committee, IT Steering               Policies and procedures are prepared and implemented by taking
Committee, Business Committee, Financing Committee, Policy           into account the characteristics, size and complexity of the
and Procedure Committee, HR Committee, and BCM Steering              business, the level of risk taken, risk tolerance, risk profile, as well
Committee. Internal coordination at the Board of Directors level     as provisions of laws and regulations, other applicable provisions,
is also strengthened through regular meetings, including the         sharia principles, and/or soundness banking practices. The Bank
Board of Directors Meeting and the Division Directors Meeting.       establishes basic provisions in implementing risk management,
The Sharia Supervisory Board conducts periodic supervision           including:




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1. Determination of risks associated with business activities         dynamically and achieve its predetermined targets, while
   is based on the results of the Bank's analysis of the              maintaining the risk level within manageable limits.
   risks inherent in each business activity according to the
   characteristics, size and complexity of the business.              The Bank determines risk limits in accordance with the level of
2. Determination of methods for identifying, measuring,               risk to be taken, risk tolerance, and the Bank's overall business
   monitoring and controlling risks as well as a risk management      strategy by taking into account the Bank's capital capacity to
   information system to accurately assess risk exposure in           absorb risk exposure or losses that arise, past loss experience, HR
   each business activity.                                            capacity and compliance with statutory regulations, applicable
3. Determination of data to be reported, report formats and           provisions and sharia principles.
   types of information to be included in the risk management
   report so as to reflect the risk exposure that is considered       Procedures and risk limit determination include:
   in making business decisions while still considering the           1. Clear accountability and delegation of authority.
   principles of prudence and sharia principles.                      2. Adequate documentation of procedures and limit
4. Determination of authority and limit amounts in stages,                determination to facilitate the implementation of reviews
   including transaction limits that require the approval of              and audit trails.
   the Board of Directors, as well as determination of risk           3. Implementation of periodic reviews of procedures and
   tolerance which is the Limit of potential losses that can be           limit determination at least 1 (one) time in 1 (one) year or
   absorbed by the Bank's capital and a means of monitoring               at any time, in accordance with the type of risk, needs and
   the development of the Bank's risk exposure.                           development of the Bank.
5. Determination of risk profile ratings as a basis for the Bank      4. Comprehensive determination of limits on all aspects related
   to determine corrective measures for certain business                  to risk, which includes overall risk limits, limits per type of
   activities and to evaluate the results of implementing risk            risk, and limits per functional activity of the Bank that has
   management policies and strategies.                                    risk exposure.
6. Organizational structure that clearly defines the roles
   and responsibilities of the Board of Directors, Board of           The amount of risk limit is proposed by the relevant operational
   Commissioners, DPS, committees, Risk Management Work               work unit, which is then recommended to the SKMR to
   Unit, operational work units, SKAI and other supporting            obtain approval from the Board of Directors through the Risk
   work units.                                                        Management Committee.
7. Determination of the internal control system in the
   implementation of risk management is carried out to ensure         Adequacy of Risk Management Process
   the Bank's compliance with the provisions of laws and
   regulations, other applicable provisions, sharia principles        Bank BSI implements a risk management process that
   and internal provisions of the Bank, the effectiveness             includes the activities of identifying, measuring, monitoring
   and efficiency of the Bank's operational activities, the           and controlling risks as well as the availability of an adequate
   effectiveness of risk culture at all levels of the Bank's          information system. The Bank manages all types of risks related
   organization, and the availability of complete, accurate,          to the Bank's business operations in accordance with regulatory
   current, complete and timely risk management information.          provisions, namely credit risk, operational risk, liquidity risk,
8. Business continuity plan policy (business continuity plan or       market risk, legal risk, compliance risk, reputation risk, strategic
   business continuity management) for the possibility of the         risk, yield risk and investment risk in a comprehensive and
   worst external and internal conditions, so that the Bank's         integrated manner.
   business continuity can be maintained including the disaster       1. Risk Identification
   recovery plan and contingency plan.                                     a. The Bank identifies the risk characteristics inherent in all
                                                                               Bank activities including emerging risks.
PROCEDURES AND LIMIT DETERMINATION                                         b. The Bank identifies the risks of the Bank's products and
ensuring risk exposure remains under control, Bank BSI provides                business activities.
adequate policies and procedures as a reference for all work units.        c. The Bank identifies risks to all risks periodically including
This includes setting risk limits designed to minimize potential               sharia risk.
losses and maintain bank stability. This risk management is                d. The Bank identifies risks to all risks periodically including
inherent in every BSI operational and business activity.                       sharia risk.
                                                                           e. Creates a method or system to carry out the risk
During controlling risks originating from internal and external                identification process for all products and business
factors, Bank BSI establishes a Risk Appetite Statement (RAS)                  activities.
and risk limits. RAS serves as a guide to accepting, monitoring,           f. The Bank identifies risks by ensuring that the risks of
avoiding, or maximizing risks related to existing business                     new products and business activities have gone through
opportunities. With RAS, bank BSI can run its business                         the implementation of proper risk management before
                                                                               the product or business activity is issued.




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2. Risk Measurement                                                          f. Each work unit is responsible for monitoring risk
   a. The Bank evaluates the suitability of assumptions,                        exposure in its work unit.
       data sources and procedures used to measure risk                  4. Risk Control
       periodically. Evaluations are conducted at least quarterly           a. The Bank creates an adequate risk control system by
       or at any time adjusted to the development of the Bank's                 referring to established policies and procedures.
       business and external conditions that directly affect the            b. The Bank carries out a risk control process adjusted to
       Bank's condition.                                                        the risk exposure or the level of risk to be taken and risk
   b. The Bank conducts periodic risk measurements for                          tolerance, as well as sharia principles.
       products, portfolios and all of the Bank's business activities.   5. Risk Management Information System
   c. The Bank adjusts the risk measurement system if there                 The bank develops a risk management information system
       are changes in the Bank's business activities, products,             that includes reports or information including:
       transactions, risk factors, which are material and can               a. Risk exposure, both quantitative and qualitative
       affect the Bank's financial condition.                                   exposure, overall (composite), per type of risk and per
   d. The Bank conducts risk measurements both quantitatively                   type of functional activity.
       and qualitatively, using models/methods determined by                b. Compliance with policies and procedures and limit setting.
       the regulator and/or developed by the Bank.                          c. Realization of risk management implementation
   e. The Bank applies risk measurement models/methods in                       compared to the set targets.
       accordance with the data reporting system required by
       Bank Indonesia and/or OJK.                                        Comprehensive Internal Control System
   f. The Bank needs to conduct validation in order to
       overcome weaknesses that may arise from the use of risk           The Bank establishes an internal control system by referring
       measurement models/methods. The validation is carried             to established policies and procedures. The Bank applies the
       out by the work unit that carries out the internal audit          principle of separation of functions (segregation of duty) and
       function and/or other work units that are independent             dual control in every operational activity.
       of the work unit that applies the risk measurement
       model/method.                                                     The internal control system in implementing risk management
   g. The Bank evaluates the risk measurement system                     includes:
       periodically or at any time if necessary to ensure the            1. Conformity between the internal control system and the type
       suitability of assumptions, accuracy, fairness and                    and level of risk inherent in the Bank's business activities.
       integrity of data, and procedures used to measure risk.           2. Authority and responsibility for monitoring compliance with
   h. The Bank conducts stress testing and reviews stress                    policies, procedures and limits.
       testing results periodically to take appropriate steps in         3. Clear reporting lines and separation of functions from
       the event of estimated conditions exceeding acceptable                operational work units to work units that carry out control
       tolerance levels. The results of stress testing and reviews           functions.
       become input in determining or changing the Bank's risk           4. Organizational structure that describes the duties and
       policies and limits.                                                  responsibilities of each unit and individual.
3. Risk Monitoring                                                       5. Accurate and timely financial and operational reporting.
   a. The Bank evaluates risk exposure through monitoring                6. Adequacy of procedures to ensure the Bank's compliance
       and reporting risks that are material or have an impact               with the provisions of laws and regulations, other applicable
       on the Bank's capital condition.                                      provisions, sharia principles, and the Bank's internal provisions.
   b. The Bank adjusts the reporting process in the event of             7. Independent review of the Bank's policies, frameworks and
       changes in business activities, products, transactions,               operational procedures.
       risk factors, information technology, and the Bank's risk         8. Testing and review of the management information system.
       management information system that are material.                  9. Documentation of operational procedures, audit findings,
   c. The Bank creates a risk monitoring system and procedures               and the Bank's response to audit results.
       that include monitoring the amount of risk exposure, risk         10. Periodic and continuous verification and review of the
       tolerance, compliance with internal risk limits and stress            Bank's handling of weaknesses and the Bank's actions to
       testing results, and consistency of implementation with               correct deviations that occur.
       established policies and procedures.
   d. The Bank prepares an effective backup system and                   Review and evaluation are conducted periodically, at least
       procedures to prevent disruptions in the risk monitoring          annually by SKMR and SKAI. The frequency of review and
       process and periodically checks and re-evaluates the              evaluation can be increased in accordance with the development
       backup system.                                                    of the Bank's risk exposure, market changes, measurement and
   e. The Bank monitors the consistency of the                           management methods.
       implementation of risk management with established
       policies and procedures.




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Risk Profile and Management                                                   classified industry sectors, financing is directed at
                                                                              sectors/business fields with attractive and neutral
Local Risk and Investment Risk                                                classifications.
                                                                          2) Industry Limit
Loan risk can arise from various Bank business activities,                    To manage the risk of financing portfolio concentration,
including provision of funds, securities, acceptances, interbank              the Bank sets a financing portfolio limit for each industry
transactions, trade financing transactions, exchange rate                     sector. This limit is set based on the industry class criteria
transactions, and commitment and contingency obligations. Loan                of each sector.
risk can also result from the provision of funds concentrated on          3) Industry Acceptance Criteria
one or a group of debtors, geographic areas, products, types of               The Bank establishes Industry Acceptance Criteria as the
financing or certain business fields.                                         initial process to determine potential target customers
                                                                              in an industrial sector. This criterion is formulated based
In its management, Bank BSI has an organizational device for                  on critical factors from each industrial sector, both
credit and investment risk management to ensure that the bank's               measured quantitatively as well as qualitatively.
financing activities run according to the principle of prudence.       b. Determination of Acquisition Method and Customer Risk
The bank has three organizational pillars in the financing process:       Measurement
• First pillar: Business unit tasked with initiating business.            The Bank uses an acquisition method through the originating
• Second pillar: Risk assessment unit tasked with analyzing               system, Risk Acceptance Criteria, retail financing scoring,
     financing risks.                                                     and financing risk rating for more than IDR 1.5 billion SME
• Third pillar: Financing operation unit that maintains the               financing and wholesale financing.
     financing disbursement process independently                      c. Early Warning System
                                                                          The Bank uses tools such as watchlist tools to detect
Additionally, Bank BSI has established a recovery unit tasked             customer conditions early. This allows the Bank to set
with handling problematic financing. This unit operates                   account strategies, including collection, recovery, or
independently of the business units and risk assessment units             restructuring activities. This system also includes portfolio
that provide financing.                                                   alerts to monitor the performance of the financing portfolio
                                                                          and ensure compliance with risk limits set by the Bank and
Bank BSI has prepared financing policies and procedures to                regulators.
support healthy financing management, in accordance with the           d. Development of Rescue Tools
principle of prudence, and in accordance with sharia principles.          The Bank develops rescue tools as a tool to monitor efforts
These policies and procedures include: Risk Management Policy,            made to problematic financing. This tool is used to minimize
Financing Policy, Financing Business Standard Procedure,                  potential losses for the Bank and to rescue financing that
Portfolio Guideline Business Standard Procedure, Product                  has been provided to customers with business prospects,
Manual, and Operational Technical Instructions for each                   performance, ability to pay, and good faith.
financing segment.                                                     e. Implementation of Stress Tests
                                                                          The Bank periodically and incidentally carries out stress tests
The Bank also set internal limits such as BMPD (in-house), credit         on extreme yet plausible conditions. The goal is to anticipate
line, authority to decide on financing, industrial sector portfolio,      the adverse impacts of changes in external conditions, such
and securities investment portfolio limits. At the transactional          as macroeconomic changes, which may affect the Bank's
level, the Bank sets limits on the authority to decide on financing,      financing performance.
including for securities investment. The Bank establishes a            f. Determination of Financing Term
procedure for determining loan risk limits adjusted to the level of       The Bank determines the financing term by considering the
risk to be taken (risk appetite) and risk tolerance.                      type of financing, yield, liquidity, and potential risk.
                                                                       g. Risk Limit Adequacy Evaluation
In more detail, Bank BSI manages credit risk through the                  The Bank routinely conducts studies or evaluations of the
following steps:                                                          adequacy of risk limits to ensure compliance with operational
a. Direction of Financing Expansion                                       and regulatory needs.
     Bank BSI's financing expansion refers to the Portfolio            h. Internal Control System
     Guideline, which includes:                                           The Bank establishes an internal control system integrated
     1) Industry Class                                                    into the financing system and procedures to ensure the
        The Bank manages financing risk by determining the                effectiveness of risk management.
        classification of the target market industry sector.
        The Bank divides the industry class into four groups:          Concerning integrate data in credit risk management, Bank BSI
        attractive, neutral, selective, and alert. Of the 101          has a Management Information System (MIS) that provides credit
                                                                       risk management data. The bank reports credit risk exposure
                                                                       routinely, both for internal and external needs.




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Market Risk                                                           d. Risk Control
                                                                         Risk control is carried out by setting trading limits for
Bank BSI has exposure to market risk from treasury activities            securities. If there is an unrealized loss due to a decrease
and investments in the form of marketable securities, money              in the market price of securities, the Bank can sell or cut
markets, forex (foreign exchange), and gold products due to the          losses according to the established mechanism in order to
existence of gold supplies. Market risk management aims to               avoid greater losses. Determination of the market price of
minimize the negative impact of market variable movements on             trading securities is carried out daily using market prices
the Bank's portfolio.                                                    from independent sources.


Bank BSI applies the principle of segregation of duty by              Exchange Rate Risk
separating the functions between front office, middle office, and     Bank BSI manages exchange rate risk through the following
back office in carrying out securities and forex transactions:        steps:
a. Front Office                                                       a. Risk Identification
    The business unit or treasury unit performs the front                 Identification is carried out on bank products and activities
    office function as the executor of treasury transactions.             to identify the existence of exchange rate risks and their
    This function acts as the first line of defense that directly         sources. The goal is for risks to be controlled and minimized.
    performs transactions.                                            b. Risk Measurement
b. Middle Office                                                          Risk measurement using the Value at Risk (VaR) tool. The
    The risk management unit performs the second line of                  Bank also maintains the Net Open Position (PDN) according
    defense function. Its duties include reviewing risk limits,           to the established limit.
    measuring risk, and monitoring market risk exposure.              c. Risk Exposure Monitoring
c. Back Office                                                            Risk exposure monitoring is carried out daily, weekly and
    The operational work unit performs the back office function           monthly through the Bank's treasury system.
    by performing settlement and bookkeeping of transactions.         d. Risk Control
                                                                          Risk control is carried out by setting limits and balancing
Bank BSI also establishes policies, procedures, and limits                foreign exchange positions (squaring position).
as guidelines for implementing market risk management,
including: Risk Management Policy, Treasury Policy, Treasury and      In addition, the Bank conducts stress tests to test the Bank's
International Banking Business Standard Procedures, PTO Asset         resilience in facing crisis conditions and prepares the necessary
and Liability, PTO Market Liquidity Risk Tools, and other market      strategies in the event of a crisis. The Bank routinely conducts
risk management provisions.                                           market risk stress tests to assess the Bank's ability to deal with
                                                                      changes in economic indicators.
Interest Rate Benchmark Risk
In the process of managing interest rate benchmark risk, BSI          In developing the Risk Management Information System, Bank
takes the following steps:                                            BSI has a Treasury Core System that can provide data for
a. Risk Identification                                                measuring market risk. The Bank routinely reports market risk
    Identification is carried out on the bank products and            management exposure to internal and external parties.
    activities to identify the existence of interest rate benchmark
    risks and the sources of risk. The goal is to control and         Trading Book and Banking Book Portfolio Management and
    minimize risks. The results of the identification are also        Valuation Methodology
    used to provide recommendations to business units and             a. Trading Book
    management.                                                           Trading book portfolio management is carried out
b. Risk Measurement                                                       in accordance with established limits and regulatory
    Risk measurement uses two methods, namely the Standard                restrictions. The Bank performs daily mark-to-market of
    method and the internal method, namely Value at Risk                  trading securities using market prices from independent
    (VaR). VaR describes the maximum potential loss due to                sources, such as the Indonesian Securities Price Appraiser,
    the movement of securities yields under normal market                 Bloomberg, or Reuters.
    conditions.                                                       b. Banking Book
c. Risk Exposure Monitoring                                               Market risk in the banking book is the risk of a decrease in
    Risk exposure monitoring is carried out daily, weekly and             profitability and economic value of capital due to changes in
    monthly through the Bank's treasury system.                           market returns and exchange rates. Market risk management
                                                                          in the banking book is carried out through a review of asset
                                                                          and liability prices to ensure maximum returns.




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Liquidity Risk                                                         c. Liquidity Ratios Measurement
                                                                          Banks measure liquidity ratios such as cash flow projections,
Bank BSI manages liquidity risk to maintain the adequacy or               liquidity gaps, LCR, and NSFR.
availability of funds to meet the Bank's obligations. Liquidity risk   d. Maintaining Access to the Sharia Interbank Money Market
can arise from functional activities of financing, treasury and           The Bank ensures access to the Sharia Interbank money
investment, as well as funding and issuance of securities. This           market to support liquidity.
risk is divided into two main categories:                              e. Implementation of Liquidity Risk Stress Test
                                                                          The Bank conducts liquidity risk stress tests periodically to
a. Funding Liquidity Risk                                                 assess the adequacy of liquidity in facing changes in economic
   This risk arises when the Bank is unable to liquidate its              indicators, including the preparation of a recovery plan.
   assets or obtain funding from other sources. The inability to       f. Determination of Liquidity Risk Limits
   obtain sufficient cash flow that creates liquidity risk can be         The Bank determines liquidity risk limits according to internal
   caused by:                                                             conditions and applicable regulatory provisions.
   1). Inability to generate cash flow from productive assets          g. Liquidity Ratio Monitoring
       derived fro the sale of assets including liquid assets.            The Bank monitors the liquidity ratio regularly to ensure
   2). Inability to generate cash flow derived from raising funds         compliance with the established limits.
       from the public, issuing securities, and loans received         h. Determination of Early Warning Indicators and Emergency
       from other parties.                                                Funding Plan (LCP)
b. Market Liquidity Risk                                                  The Bank determines early warning indicators and Liquidity
   This risk occurs when the Bank is unable to close a certain            Contingency Plan (LCP) through mechanisms such as: Use
   position at market price due to inadequate market liquidity            of money market instruments, Sale of securities, Increase in
   conditions or market disruptions.                                      the return ratio of funds, and Use of loan facilities from Bank
                                                                          Indonesia.
In its management, Bank BSI applies the principle of separation        i. Monitoring External Indicators
of functions (segregation of duties), including:                          The Bank monitors the movement of external indicators
a. Front Office: Treasury unit as the transaction executor.               such as the USD/IDR exchange rate, government securities
b. Middle Office: Risk management unit tasked with conducting             yield, market yield rates, gold prices, and current market
     limit reviews and risk measurements.                                 information.
c. Back Office: Operational unit tasked with conducting
     settlement and transaction bookkeeping.                           Bank BSI has a Management Information System (MIS) that
                                                                       provides data and information for measuring liquidity risk. The
Bank BSI establishes policies, procedures, and limits as guidelines    Bank periodically submits liquidity risk exposure reports to
in managing liquidity risk, including: Risk Management Policy,         internal and external parties.
Treasury Policy, Treasury and International Banking Standard
Business Procedures, PTO Asset and Liability, PTO Market               Operational Risk
and Liquidity Risk Tools, and establishes the following liquidity
indicators/limits:                                                     Banks are exposed to operational risks due to inadequate and/
• Minimum Reserve Requirement (GWM)                                    or dysfunctional internal processes, human, system failures and/
• Safety Level                                                         or external events that affect the Bank's operations. Operational
• Core Depositors                                                      risks can occur in all Bank activities, so that Bank BSI implements
• Net Stable Funding Ratio (NSFR)                                      a comprehensive operational risk management framework
• Liquidity Coverage Ratio (LCR)                                       throughout the organization including all lines of the Bank's
• Liquid Assets to Non-Core Deposits (AL-NCD)                          business, both in the first-line unit, second-line unit, and third-
• Liquid Assets to Third Party Funds (DPK)                             line unit.
                                                                       a. Separation of Functions and Responsibilities
Bank BSI manages liquidity risk through the following steps:                The Bank applies the principle of separation of duties and
a. Liquidity Risk Identification                                            responsibilities (segregation of duties) through the separation
   Identification is carried out on the Bank products and                   of maker, checker, and approver/authorizer functions, as
   activities to detect potential liquidity risks.                          well as a dual control mechanism in each transaction.
b. Placement of Funds in High-Quality Liquid Assets                    b. Operational Risk Management Strategy
   The Bank places funds in high-quality liquid assets as                   The Bank establishes a strategy for all activities that have
   liquidity reserves.                                                      significant operational risk exposure. The Bank internalizes
                                                                            operational risk management policies into the bank's business




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     processes and supporting activities. The procedures derived        strengthened its BCM through various initiatives, including
     from this policy include general operational controls that apply   updating the BCM Standard Procedures, Business Impact
     across the Bank's business lines and supporting activities, as     Analysis (BIA), and Risk Assessment (RA); developing disaster
     well as operational controls specific to the characteristics of    response safety briefings; conducting Emergency Response Plan
     each business line and business support activities.                simulations for fire disasters; testing the Business Continuity
                                                                        Plan (BCP) for the Head Office via the Business Recovery Center
     Additionally, the Bank establishes a Business Continuity           (BRC) in Fatmawati; conducting Call Tree and Tabletop exercises
     Management (BCM) policy as a guideline to ensure the               at both the Head Office and branch network; periodically testing
     continuity of the Bank's operations during a disaster, Anti        the Disaster Recovery Plan (DRP) for BSI’s critical applications;
     Money Laundering (APU), Prevention of Terrorist Financing          promoting BCM awareness to work units at the Head Office and
     (PPT), and Prevention of Proliferation of Mass Destruction         branch network; obtaining ISO 22301 BCM certification; and
     Weapons Financing policies in order to implement Customer          establishing an IT Crisis Management Team (CMT) to strengthen
     Due Diligence (CDD) or Enhanced Due Diligence (EDD),               BCM governance.
     an anti-fraud risk management policy as a guideline for
     implementing anti-fraud, provisions for managing risk              Operational Risk Management Tools
     in cooperation with other parties, and an information              BSI applies the following operational risk management tools:
     technology risk management policy.                                 a. Risk & Control Self-Assessment (RCSA)
                                                                            RCSA is used to identify, measure, monitor, and mitigate
     The Bank evaluates policies, standard procedures, and                  operational risk. It is conducted independently by work units
     technical guidelines periodically, at least once a year, based         and reviewed by SORH/RBC. The RCSA process follows
     on the needs and changes in internal and external conditions.          an end-to-end approach to ensure comprehensive risk
c.   Identification and Measurement of Operational Risk                     identification and early mitigation. RCSA is conducted on a
     The Bank identifies operational risks based on their causal            monthly basis.
     factors across all functional activities and products, including   b. Key Risk Indicator (KRI)
     through Risk Self-Assessment (RCSA), Risk Mapping, and                 KRI is used for early detection of indicators that may increase
     Event Analysis.                                                        operational risk exposure by setting specific thresholds.
                                                                            Work units monitor KRI monthly.
   The operational work unit identifies operational risks               c. Loss Event Database (LED)
   inherent in all products and activities carried out, including           LED is used to record operational loss events experienced
   emerging risks. Several methods are used in measuring risk,              by the Bank. Incidents are recorded immediately upon
   both quantitatively and qualitatively, including Risk Control            occurrence and reported monthly.
   and Self Assessment (RCSA), Key Risk Indicators (KRI), Loss          d. Control Testing (CT)
   Event Database (LED) and other measurements. The Bank                    CT is used to assess the adequacy of operational controls and
   develops a database on losses caused by operational risks                ensure continuous improvement. CT has been implemented
   and other operational issues that may cause losses in the                in the financing business processes, including pawn
   future.                                                                  financing, micro, consumer vehicle, commercial, corporate,
d. Operational Risk Mitigation                                              and branch operations. CT is conducted by RBC and DCOR
   To mitigate operational risk, the Bank implements the                    through regular onsite reviews.
   following measures including securing information
   technology processes, insurance coverage, and outsourcing            Legal Risk
   certain operational activities
                                                                        Legal risk arises from lawsuits and/or weaknesses in legal
The Bank periodically reviews procedures, documentation,                aspects. This risk may stem from the absence of underlying laws
contingency plan data processing systems and other operational          and regulations or weakness in the agreement, such as failure
practices. The Bank sets operational transaction limits to              to fulfill the requirements for the validity of the agreement or
uphold the principle of prudence without hindering operational          inadequate collateral binding. As a company governed by the
activities. Periodic evaluations of operational risk limits are         laws of the Republic of Indonesia, the Bank must comply with all
conducted, covering Head Office, Regional, Area, and Branch             laws and regulations issued by Bank Indonesia and the Financial
Operational Transaction Limits, Electronic Channel Transaction          Services Authority (OJK) as regulators in the banking industry, as
Limits (Internet Banking, ATM, and Mobile Banking), Procurement         well as other provisions related to the Bank's business activities.
Limits, Custodian Limits, and Bulk Transaction Limits.
                                                                        Legal risks that may arise include claims for material or immaterial
Business Continuity Management (BCM)                                    damages if the Bank fails to comply with the applicable laws and
BSI implements BCM to ensure the continuity of the Bank's               regulations. If a claim for damages against the Bank is material, it
operations in the event of a disaster. In 2024, the Bank                may directly affect the Bank's financial performance.




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Legal risk measureent is carried out to determine the Bank's          Reputation Risk
potential losses due to lawsuits, weaknesses in obligations, and
the absence and/or changes in provisions. The Bank uses legal         Reputational risk can arise from various Bank business activities,
risk measurement indicators/parameters, including:                    such as:
1. Potential losses due to litigation claims                          a. Incidents that can reduce the Bank's reputation, including
2. Cancellation of agreements caused by weaknesses in                     negative news in the mass media and customer complaints.
     obligations                                                      b. Other things that can reduce the Bank's reputation include a
3. Changes in laws and regulations that result in the Bank's              decline in the Bank's performance, weaknesses in the Bank's
     products and activities not being in line with statutory             governance, violations of business ethics and lawsuits
     provisions.
                                                                      To address this risk, the Bank establishes a strategy for all
To manage legal risk, the Bank undertakes the following actions:      activities that have significant exposure to reputational risk.
a. Reviewing policies and standard operating procedures               The Bank establishes communication procedures to respond to
    related to legal risk management under the applicable             negative news/publications or prevent information that tends
    regulations.                                                      to be counterproductive. Additionally, the Bank establishes
b Strengthening the legal organization.                               procedures for handling customer complaints and strategies for
c. Standardizing contracts and cooperation agreements in              effective media use to respond to negative news
    compliance with prevailing regulations.
d. Establishing policies for litigation reserves.                     As a precautionary measure, the Bank has a protocol for managing
                                                                      reputation during a crisis that includes a crisis management
Compliance Risk                                                       structure and standard crisis management procedures.


Compliance risk arises from the Bank's failure to adhere to and/      The Bank identifies reputational risk using several sources of
or implement applicable laws, regulations, and Sharia principles.     information including mass media coverage, public opinion in
In the banking industry, the Bank is required to comply with          social networks, customer complaints and customer satisfaction
regulations issued by the Government, Bank Indonesia, the             surveys, including the amount of potential losses caused by
Financial Services Authority (OJK), and the National Sharia           reputational risk events. To monitor reputational risk, the Bank
Board. In general, compliance risk is closely related to prevailing   uses early warning indicators in monitoring reputational risk
laws and regulations governing the Bank, including:                   including the number and scope of negative publications and the
a. Minimum Capital Adequacy Ratio (CAR);                              frequency of customer complaints. Each work unit is required
b. Quality of Earning Assets;                                         to report incidents in their respective work units that affect
c    Asset Provisioning (PPA);                                        the Bank's image/reputation to the work unit that functions to
d. Legal Lending Limit;                                               manage communication to stakeholders.
e. Good Corporate Governance (GCG); and
f. Bank Business Plan (RBB).                                          The Bank establishes a mechanism for carrying out reputation
                                                                      risk control measures. Reputation risk control is carried out
The Bank's inability to comply with all laws and regulations          through, among others:
related to banking activities may impact its sustainability.          a. Prevention of incidents that could pose a reputational risk,
                                                                          through:
To manage compliance risk, the Bank undertakes the following              1) Follow-up and resolution of customer complaints and
actions:                                                                      legal cases that have the potential to increase risk
a. Enhancing awareness of Good Corporate Governance (GCG)                     exposure.
    and the code of conducts.                                             2) Strengthen external and internal communication to
b. Strengthening GCG implementation and ensuring that all                     control potential exposure to reputational risk.
    financing debtors meet financing requirements.                        3) Regular communication/education to stakeholders in
c. Preparing and submitting GCG reports to the Financial                      order to build a positive reputation from stakeholders.
    Services Authority (OJK).                                         b. Restoring the Bank's reputation after an incident that causes
d. Enhancing the implementation of Know Your Customer                     reputation risk, namely all Bank responses to restore the
    (KYC), Anti-Money Laundering (AML), and Counter-                      reputation and prevent the Bank's reputation from getting
    Terrorism Financing (CTF) measures.                                   worse further.
e. Strengthening compliance certification implementation.
f. Collaborating with the Sharia Supervisory Board to ensure
    the Bank's compliance with Sharia principles.
g. Empowering Sharia Compliance to review and analyze the
    Bank’s products and activities under Sharia principles.




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Strategic Risk                                                        Return Risk

Strategic risks can arise from weaknesses in the strategic            The risk of returns arises, among others, due to changes in the
formulation process and inaccuracies in strategy formulation,         behavior of third-party fund customers of the Bank caused by
inadequate management information systems, inadequate                 changes in expectations of the rate of return received from the
results of internal and external environmental analysis, overly       Bank. Changes in expectations can be caused by internal factors
aggressive strategic goal setting, inaccuracies in strategy           such as a decrease in the value of the Bank's assets and/or external
implementation and failure to anticipate changes in the business      factors such as an increase in the return/yield offered by other
environment.                                                          banks. Changes in expectations of the rate of return can trigger a
                                                                      transfer of funds from the Bank to other banks. The management of
To address this risk, the Bank establishes the adequacy of            return risk aims to minimize changes in the behavior of third-party
procedures to be able to identify and respond to changes in the       fund customers through the management of the rate of return so
business environment. The Bank establishes general strategic          that it remains competitive with the market.
risk limits, including those related to deviation limits from
established business targets, such as                                 The Bank establishes strategies for all activities that have
• Budget deviation limits,                                            significant exposure to return risk by considering:
• Target deviation limits for achieving/completing strategic          1. Economic and market conditions and their impact on the
    initiatives.                                                          Bank's return risk.
                                                                      2. The Bank's expertise in generating profits in a particular
The Bank identifies strategic risks using data from regulators/           market and the ability to identify, monitor and control return
mass media and reports on realization of business targets/work            risks in that market.
unit performance. Risk analysis of strategies that require a lot of   3. The Bank's portfolio mix and diversification.
resources and/or are high risk such as strategies to enter new
markets or diversification strategies in the form of products and     The Bank establishes policies and procedures for managing yield
services.                                                             risk including asset and liability management organization, asset
                                                                      and liability composition and risk measurement. The Bank has
The Bank also identifies and records deviations or discrepancies      procedures including regarding the assessment of mismatch
as a result of the implementation of business strategies or           between assets and liabilities based on the timing of financing
business plans that are not realized or are ineffective, especially   yield adjustments and third party funds and their mechanisms for
those that have a significant impact on the Bank's capital. The       both financing and third party funds. The Bank establishes limits to
Bank records and administers the experience/deviations in the         manage yield risk consistently, including to limit the concentration
implementation of the strategic plan. The Bank evaluates the          of funding sources, instruments, market segments or certain yields
Bank's competitive position in the Industry. The Bank controls
strategic risks by conducting performance reviews of business         The Bank monitors the yield risk exposure continuously against
realization.                                                          all risk exposures including the potential for a decline in yield
                                                                      income. The Bank monitors the yield risk exposure through
                                                                      gross revenue reports, evaluation of net yield income realization
                                                                      against targets and other reports.




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Recovery Plan

Recovery Action Plan is a plan to overcome financial problems (financial stress) that may occur at BSI. BSI has prepared a Recovery
Action Plan which includes trigger levels and Recovery Options to prevent, restore or improve the financial condition and business
continuity of the Bank in the event of financial stress.


BSI updates the Recovery Action Plan every year. This is not only to fulfill regulatory obligations, but also to keep the Recovery Action
Plan in line with current conditions and to be able to serve as a guide when the Bank experiences financial stress.


Risk Assessment

BSI conducts a self-assessment of inherent risks and the quality of risk management implementation in its operational activities. This
assessment aims to provide information to all stakeholders regarding the condition of business risks and potential losses faced by BSI
in the future within a certain period.


Based on the assessment results as of December 31, 2024, the Bank's risk profile composite rating was 2 (two), with an inherent risk
predicate of "Low to Moderate" and a risk management implementation quality predicate of "Satisfactory".


                                             June 2024                                               December 2024
                                                    Risk                                                      Risk
      Risk Profile          Inherent Risk      Management         Composite         Inherent Risk        Management         Composite
                               Rating         Implementation      Risk Rating          Rating           Implementation      Risk Rating
                                               Quality Rating                                            Quality Rating
 Credit Risk               Low to Moderate       Satisfactory          2           Low to Moderate         Satisfactory          2

 Market Risk                     Low             Satisfactory          1                 Low               Satisfactory          1

 Liquidity Risk                  Low             Satisfactory          1                Lowko              Satisfactory          1

 Operational Risk             Moderate               Fair              3              Moderate                 Fair              3

 Legal Risk                      Low             Satisfactory          1                 Low               Satisfactory          1

 Reputational Risk         Low to Moderate       Satisfactory          2           Low to Moderate         Satisfactory          2

 Strategic Risk                  Low             Satisfactory          1                 Low               Satisfactory          1

 Compliance Risk           Low to Moderate       Satisfactory          2           Low to Moderate         Satisfactory          2

 Investment Risk           Low to Moderate       Satisfactory          2           Low to Moderate         Satisfactory          2

 Return Risk               Low to Moderate       Satisfactory          2           Low to Moderate         Satisfactory          2

 Composite Rating          Low to Moderate       Satisfactory          2           Low to Moderate         Satisfactory          2


Evaluation of Risk Management Implementation

BSI performs Risk Maturity Level (RML) Measurement using references from The Risk Management Society – Risk Maturity Model
(RIMS – RMM) combined with the RMI approach from the Ministry of SOEs. The measurement consists of 2 aspects, namely Dimension
and Performance Aspects. The Dimension Aspect consists of 5 (five) attributes as parameters that describe the process of implementing
risk management comprehensively in all lines of the company. The performance aspect consists of the Final Rating Soundness Level and
the Risk Composite Rating.


The results of the 2023 RML assessment conducted in 2024, BSI is at Level 4 with a score of 4.33 which means that risk management
has entered a better practice phase, including:
1. Implementation of all dimensions of risk management practices according to global industry standards.
2. Risk culture is broader and more integrated.
3. Risk management framework is implemented quite effectively.
4. Risk management information system is adequate.
5. Performance achievement evaluation has been conducted periodically.




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Statement of the Board of Directors and/or Board of Commissioners or Audit Committee on the
Adequacy of the Risk Management System

Based on the review and discussions with Management, the Risk Monitoring Committee, the Audit Committee, Internal Audit, External
Auditors, and relevant units, the Board of Directors and the Board of Commissioners assess that risk management was adequately
implemented in 2024.


Compliance Function

Organizational Structure


                                                                                Compliance & AML-CFT

                                                                         Secretary
                                                                                                                                                   Deputy




                                     GCG &                                 Sharia                               Regional         APU-PPT          APU-PPT          APU-PPT
              Regulatory                                Compliance                          Sharia Risk &
                                   Compliance                           Compliance                              Sharia &         Strategic        Analysis &       Policy &
              Compliance                                 Advisory                             Control
                                    Support                              & Support                               AML              Alliance        Monitoring       Advisory




  Whistle                                                                 Sharia             Sharia Risk                                           Financial       AML
              Regulatory           Ant Bribery         Operations                                               Liaison &       Strategy &
  blowing                                                               Compliance          Management                                              Crime         Advisory
                Liason                                 Compliance                                               Assurance       Governance
                                                                         Advisory                                                                  Analytics



                                                                          Sharia
    Whistle           Regulatory             Ant      Retail Banking   Regulatory &             Sharia Risk   Regional Sharia      Managed                               AML
    blowing             Liason              Bribery    Compliance                              Management
                                                                                                                  & AM          Performance &                           Advisory
                                                                         Review                               Representative     Confomance




                                                                                 Sharia
               Regulatory          GCG System          IT & Digital            Regulatory                                       Staff
                                                                                              Sharia                                                              Reporting
               Assurance           Information           Banking                & Review
                                                       Compliance                             Control




                                                                           Sharia
                  Regulatory           GCG System      Wholesale        Supervisory              Sharia                                                             Reporting
                  Assurance            Information      Banking            Board                 Control
                                                       Compliance
                                                                          Support



                                                                              Sharia
              Compliance             Policy &         Staff                 Resource &
                                                                           Development       Staff                                                                  Data
                 Risk               Reporting
              Management           Development                                                                                                                     Request


                                                                             Sharia
              Staff                 Staff
                                                                            Board &                                                                                      Data
                                                                           Secretariat                                                                                  Request

                                                                       Staff
                                                                                                                                                                Staff




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Profile of The Head of Compliance Function




                                                 Rosalina Dewi T
                                                 Head of Compliance Function


                                                 Jakarta, July 23, 1979/age 45 years as of December 2024




                                                 Educational Background
        Indonesian citizen
                                                 • Bachelor of Law, University of Indonesia (2001)
                                                 • Master of Economics & Islamic Finance, University of Indonesia (2006)
                                                 • Master of Notary Public, University of Indonesia (2014)
        45 Years Old

                                                 Certification
        Domiciled in Tangerang,                  Banking Risk Management Certificate Level 6
        Indonesia


                                                 Work Experience
        Legal Basis of Appointment
                                                 • Investor Relations Department Head PT. Bank BRI Syariah, Tbk. 2018 - 2019
                                                 • Branch Manager PT. Bank BRI Syariah, Tbk. 2016 - 2018
        Decree No. 02/06343-SK/HC-BSI
        dated June 3, 2022                       • Corporate Legal Department Head – Corporate Secretary Group PT. Bank BRI
                                                   Syariah, Tbk. 2008 - 2014
                                                 • Legal and Investor Relations Team Leader – Corporate Secretary Group PT. Bank
                                                   Syariah Muamalat Indonesia, Tbk. 2004 - 2006




Duties and Responsibilities of The Compliance                           3. Assess and evaluate the effectiveness, adequacy, and
Function                                                                   suitability of policies, provisions, systems and procedures
                                                                           owned by the Bank with the provisions of laws and
1. Take steps to support the creation of a culture of compliance           regulations.
   in all Bank business activities at every level of the                4. Review and/or recommend updating and improving policies,
   organization.                                                           provisions, systems and procedures owned by the Bank
2. Identify, measure, monitor, and control compliance risks                to comply with the provisions of the Financial Services
   by referring to the provisions of the Financial Services                Authority and the provisions of laws and regulations,
   Authority governing the implementation of risk management               including Sharia Principles for Islamic commercial banks and
   for commercial banks and the provisions of the Financial                Islamic business units.
   Services Authority governing the implementation of risk              5. Make efforts to ensure that the policies, provisions, systems
   management for Islamic commercial banks and Islamic                     and procedures, as well as the Bank's business activities are
   business units.                                                         in accordance with the provisions of the Financial Services
                                                                           Authority and the provisions of laws and regulations.
                                                                        6. Perform other tasks related to the compliance function.




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Implementation of The Compliance Function                                 Implementation of GCG in Sharia Commercial Banks
Work Program                                                              (BUS) & Sharia Business Units (UUS).
                                                                      b. Fulfillment of Governance Structure and Governance
1. Socialization and Follow-up of New Regulations                         Policies in accordance with regulatory regulations.
   a. Conduct regulation socialization using media such as            c. GCG Self Assessment and GCG Implementation
       memos, emails or internal employee communication                   Reporting are carried out in accordance with regulatory
       media. If there are new external regulations, the                  provisions, namely OJK Regulation No. 17 of 2023,
       regulations will be announced and socialized to related            POJK No. 8/POJK.03/2014 and SEOJK No.10/
       work units and/or all BSI employees.                               SEOJK.03/2014 concerning the Assessment of the
   b. Conduct analysis and compile a resume of new                        Soundness Level of Sharia Commercial Banks and Sharia
       regulations issued by the Regulator (including BI, FSA,            Business Units.
       FSA-Capital Market, LPS or other external regulations          d. Implementation of Governance, Risk, and Compliance at
       related to Banking) and submitted to the Board of                  BSI.
       Commissioners, Directors, SEVP and related Group            6. Syariah Compliance
       Heads.                                                         a. Ensure that all Bank products and services, Operational
   c. Conduct regulation socialization online/virtually                   Guidelines for products and services are in accordance
       to related work units if there are new regulations/                with the Fatwa of the National Sharia Council (DSN) and
       provisions.                                                        the Opinion of the Sharia Supervisory Board (DPS).
   d. Deliver compliance opinions on every request for                b. Provide assistance in the preparation of new products
       advice/compliance opinions from the Working Group                  and activities.
       Policy & Procedure (WPP).                                      c. Provide assistance in large-scale financing that is the
2. New Products and Activities of the Bank                                decision of the board of directors.
   Carry out mentoring/clinics on the Bank's New Products and         d. Ensure that the proposed policy submissions and
   Activities (PAB) with related Work Units that are included in          decisions of the Board of Directors are in accordance
   the PAB criteria in the RBB.                                           with applicable sharia principles.
3. Compliance Testing                                                 e. Ensure the implementation of sharia principles in the ex-
   Conduct analysis, evaluation of effectiveness, adequacy, and           post stage (in collaboration with SKAI)
   suitability, as well as testing compliance with the policies       f. Conduct random tests to branch offices by sampling
   and decisions of the Board of Directors related to financing           to ensure that the implementation of activities at the
   and non-financing, as well as provide reviews, opinions and            branch office is in accordance with sharia principles.
   responses on compliance with current policies and contracts     7. Implementing Compliance Assurance for Bank Operational
   to be used to ensure compliance with applicable sharia             activities. Compliance assurance is implemented in an
   provisions and principles.                                         effort to ensure that decisions made by management are in
4. Compliance Monitoring                                              accordance with applicable provisions.
   a. Implement the updating of the reminder system for               a. Financing
       reporting obligations to third parties and PIC reports             - Conduct financing compliance reviews, technical
       to third parties, as well as strengthen and enhance the                 meetings and provide financing compliance opinions at
       Compliance Information System (SIK);                                    the Board of Directors Financing Committee Meeting.
   b. The Compliance Work Unit monitors the prudential                    - Conduct compliance reviews of large debtor
       banking ratio including the NPF, BMPD, GWM, PDN,                        financing that has been disbursed in order to ensure
       and KPMM ratios;                                                        compliance with the disbursement process and
   c. The Compliance Work Unit ensures the fulfillment of                      fulfillment of customer agreements with the Bank.
       all BSI commitments regarding the findings of the FSA,         b. Bank Office Network
       BPK (Audit Board of the Republic of Indonesia), External           - Ensure operational preparations for opening,
       Auditors and other regulatory parties.                                  changing location addresses, and upgrading the
5. Good Corporate Governance (GCG)                                             status of bank offices have met the requirements
   a. Fulfil the provisions/policies and procedures that must                  through the issuance of compliance checklists set by
       be owned by the Bank in accordance with the provisions                  regulators
       of the regulations contained in the OJK Regulation,                - Monitor the fulfillment of RBB related to the
       BI Regulation and BI Circular Letter concerning the                     realization of office network development




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    c. Cost Control                                                  As part of the national banking industry with both national and
       - Ensure compliance with procurement of goods                 global networks, Bank Sharia plays an essential role in ensuring
           and services through review and opinion on the            the integrity of financial transactions across all products and
           implementation of procurement plans for goods and         services used by customers, while also assisting law enforcement
           services                                                  in implementing anti-money laundering, terrorism financing
       - Ensure the expenditure of other costs in bank               prevention, and proliferation financing programs. For Bank
           operations that can improve efficient cost control        Syariah Indonesia (BSI), this is not only a fulfillment of regulatory
       - Carry out compliance reviews in the context of cost         compliance commitments but also an effort to realize the benefit
           control carried out through sampling tests                of humanity and eliminate harm while upholding fundamental
   d. Other Operational Activities                                   sharia principles.
       - Conduct compliance testing on the implementation
           of operational activity processes                         Implementation of AML CFT & PFWMD Program
       - Provide compliance opinions on operational
           activities/actions that require opinions from SKK.        Banks implement the AML CFT and PFWMD programs in
   These activities are carried out with the aim of ensuring         accordance with laws and regulations as well as International
   that all business activities and bank operations are in           Best Practices, which consist of five pillars:
   accordance with applicable laws and regulations, and that all     1. Active Supervision by the Board of Directors and Board of
   commitments to other parties have been implemented.                   Commissioners
8. Implementation      of    ISO     37301:2021      Compliance          The Board of Directors, acting as the Steering Committee,
   Management System which aims to create more effective                 continuously monitors the Bank’s commitment to
   compliance management based on international standards.               Compliance Management Systems, Compliance Culture, and
   This certification is carried out in the scope of the Anti            Governance aspects in line with organizational goals and
   Money Laundering and Countering the Financing of                      strategic direction.
   Terrorism Group (AMG) process.                                    2. Policies and Procedures
                                                                         The implementation of the second pillar as part of the ex-
                                                                         ante function, in accordance with ISO 37301:2021, ensures
Anti-Money Laundering, Prevention of                                     that compliance policies and objectives align with the
Terrorism Financing, And Prevention                                      organization's values, goals, and strategies. These policies
of Proliferation of Weapons of Mass                                      are communicated effectively, taking external issues into
Destruction Financing Program (AMLCFT-                                   account for stakeholders to mitigate compliance risks related
PFWMD)                                                                   to AML CFT & PFWMD.
                                                                     3. Internal Control
Following Indonesia’s membership as the 40th member of the               The implementation of internal controls to manage
Financial Action Task Force on Money Laundering and Terrorism            compliance obligations and risks is conducted periodically,
Financing (FATF), the government issued Presidential Decree              allowing management to review opportunities for continuous
of the Republic of Indonesia (Keppres) Number 14 of 2024                 improvement and the need for changes in the compliance
concerning Indonesia’s Membership in the Financial Action                management system.
Task Force (FATF) on April 5, 2024. The issuance of this decree      4. Management Information System
considers that money laundering (TPPU) and terrorism financing           This includes the development of the AML CFT & PFWMD
(TPPT) are transnational crimes. Therefore, efforts to prevent           system and the reporting of AML CFT & PFWMD to
and combat them require international commitment, as outlined            regulators.
in international standards in the field of TPPU and TPPT.            5. Human Resources and Training
                                                                         Awareness of AML CFT & PFWMD is continuously enhanced
Additionally, the purpose of this decree is to provide a legal           to improve competencies through training programs. This
basis and certainty for all parties involved in emission reduction       ensures that all human resources comply with regulatory
activities, as well as to enhance investment attractiveness and          obligations, policies, and procedures and can report any
create economic value from the business processes of carbon              issues related to AML CFT & PFWMD. Additionally, internal
capture, transportation, and storage.                                    and external stakeholder communication is continuously
                                                                         improved to ensure that every employee contributes to the
                                                                         continuous improvement of the compliance management
                                                                         system.




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Organizational Structure of AML CFT & PFWMD                         AML CFT & PFWMD Program 2024

The Bank has established policies for implementing the APU          In accordance with Law No. 8 of 2010 on the Prevention and
PPT and PPPSPM programs, which have been approved by the            Eradication of Money Laundering, Law No. 9 of 2013 on the
Board of Directors and Board of Commissioners, with active          Prevention and Eradication of Terrorism Financing, POJK No.
supervision from both entities. The implementation of AML CFT       08 of 2023, and PPATK regulations, the AML CFT & PFWMD
and PFWMD at PT Bank Syariah Indonesia Tbk is managed by            program has been implemented through:
the Compliance & AML CFT Group (CAC).                               1. Development, adjustment, updating, and ensuring the
                                                                        adequacy of AML CFT and PFWMD across all internal
The Compliance & AML CFT Group (CAC) serves as the APU PPT              regulations of Bank Sharia Indonesia in accordance with
and PPPSPM unit at the Head Office, reporting to the Director           applicable provisions.
responsible for compliance functions. The effectiveness of          2. The implementation of sampling tests and the socialization
APU PPT and PPPSPM implementation at outlets/branches is                of AML CFT & PFWMD conducted by AMLO at outlets/
measured by AMLOs stationed in each region, who coordinate              branches based on a Risk-Based Approach;
intensively with the Compliance & AML CFT Group (CAC) at the        3. Improvement of quality and monitoring of reporting
Head Office.                                                            obligations related to AML CFT and PFWMD, including:
                                                                        Suspicious Financial Transaction Reports (LTKM), Cash
The organizational structure of AML CFT & PFWMD is illustrated          Financial Transaction Reports (LTKT), Fund Transfer Financial
as follows:                                                             Transaction Reports to and from Abroad (LTKL), Integrated
                                                                        Service User Information System (SIPESAT), and other AML
                                                                        CFT and PFWMD reporting obligations in accordance with
Compliance & AML-CFT                                                    regulations and within the Service Level Agreement (SLA) set
                                                                        by the Regulator.
Secretary
                                        Deputy                      4. Enhancement of systems and applications supporting the
                                                                        implementation of the AML CFT and PFWMD program,
     Regional           APU-PPT        APU-PPT         APU-PPT          including:
     Sharia &           Strategic      Analysis &      Policy &
      AML                Alliance      Monitoring      Advisory
                                                                        a. Development of the Simple BSI application to support
                                                                            AML CFT and PFWMD sample testing activities
                                         Financial                          conducted by AMLO;
      Liaison &         Strategy &                     AML
                                          Crime
      Assurance         Governance
                                         Analytics    Advisory          b. Enhancement of the New AML Application to keep
                                                                            up with technological advancements in AML CFT and
    Regional Sharia       Managed                                           PFWMD implementation, consisting of two phases,
        & AML          Performance &                     AML
    Representative      Confomance                      Advisory            Phase 1: Screening and Risk Rating, Phase 2: Transaction
                                                                            Monitoring and Reporting;
                                                                    5. Increasing awareness and competency in the implementation
                                                      Reporting
                          Staff                                         of the AML CFT and PFWMD program for all Bank Sharia
                                                                        Indonesia employees through certification, refreshment
                                                                        programs, socialization, and training, including:
                                                        Reporting       a. Refreshment on AML CFT & PFWMD Implementation
                                                                            across Regions I – X..
                                                        Data            b. AML CFT & PFWMD Webinar Series 1 – 4.
                                                       Request          c. Training For Trainer (TFT): Banking Operations & Service
                                                                            School Batch I – V.
                                                          Data          d. Learning Hub AML CFT & PFWMD RO VII Semarang.
                                                         Request
                                                                        e. Development of AML CFT & PFWMD awareness materials
                                                     Staff                  in the form of videos, comics, or infographics, distributed to
                                                                            all regions through AMLO on a monthly basis.
                                                                    6. Improvement of customer data quality through data
                                                                        correction and/or updating programs, ensuring complete,
                                                                        accurate, up-to-date, and comprehensive customer
                                                                        information.
                                                                    7. BSI has obtained ISO 37301:2021 Compliance Management
                                                                        System certification for AML CFT & PFWMD in 2022 and
                                                                        has successfully completed its second-year Surveillance
                                                                        Audit in November 2024, maintaining the ISO 37301:2021
                                                                        certification status.




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8. Active participation in regulatory programs and activities,                              Governmental Organizations (NGOs), and the local
   including:                                                                               community, initiated a tree-planting program. A total
   a. Presidential Lecture commemorating 22 years of                                        of 10,671 productive trees were planted in Semoyo
       Indonesia’s AML CFT movement at the State Palace on                                  Village and surrounding areas, aimed at reducing carbon
       April 17, 2024.                                                                      emissions.
   b. PPATK’s AML CFT & PFWMD Education Program at                                       d. BSI, along with PPATK, Professors, Regulators, Reporting
       several schools in Klungkung Regency. The PPATK                                      Parties, Consultants, and other stakeholders, gathered in
       team, alongside partners including BSI and Pegadaian,                                Jakarta on August 20, 2024, to initiate discussions on
       participated in the "PPATK Teaching" event at SMKN 1                                 Finansial Integrity Rating (FIR) 2024. This event marked
       Klungkung and SMAN 2 Semarapura on February 20,                                      a significant step in strengthening Indonesia’s financial
       2024.                                                                                system integrity, attended by key figures responsible
   c. Groundbreaking of Desa BSI Semoyo in Semoyo Village,                                  for the implementation and supervision of anti-money
       Patuk District, Gunungkidul Regency, Yogyakarta Special                              laundering and counter-terrorism financing policies.
       Region (DIY). BSI, in collaboration with the Financial
       Transaction Reports and Analysis Center (PPATK), Non-




Lawsuit

Table of Legal Cases
                                                                                                             Amount
   No.                         Important Things
                                                                               Civil                    Criminal              Industrial Relations
    1.        Completed (has permanent legal force)                             289                         19                           -
    2.        In the process of being resolved                                  161                         4                            -
 Total                                                                          450                         23                           -



Important Issues Facing Companies

Table of Important Issues Facing the Company
              Case Summary / Lawsuit                                                              Impact on the        Management
  No                                                       Settlement Status                                                                 Sanction
                    and Parties                                                                     Company              Efforts
   1         Case Number:                        1. The Central Jakarta District Court         There is a risk of     The Central        Obliged to pay
             404/Pdt.G/2013/PN.Jkt.Pst              ruled that it could not accept the         compensation,          Jakarta District   compensation.
                                                    case, stating that the decision had        however, it is not     Court has
             Parties Involved:                      already been submitted for execution       material to BSI's      summoned BSI
             Plaintiff: PT Atriumasta Sakti         at the Central Jakarta District Court.     business operations.   for an aanmaning
                                                    Therefore, the parties were advised to                            (warning) to
             Defendant:                             wait for the execution process.
             BSI (formerly BSM)                                                                                       comply with
                                                                                                                      the ruling. BSI
                                                 2. The Jakarta High Court upheld the
             Case Summary:                                                                                            attended the
                                                    decision of the Central Jakarta District
             The lawsuit was filed by               Court.                                                            aanmaning
                                                                                                                      hearing, but the
             PT Atriumasta Sakti, a financing
                                                                                                                      Plaintiff was
             customer, against BSI for failing
                                                                                                                      absent. As of
             to comply with the decision
                                                                                                                      now, BSI has
             of Basyarnas (National Sharia                                                                            not received
             Arbitration Board). The decision                                                                         any further
             required BSI to return funds                                                                             court summons
             amounting to IDR 878,791,366                                                                             or aanmaning
             to the plaintiff.                                                                                        notifications.

             Claim value:
             Material damages:
             IDR 9.441.701.946,-
             Immaterial damages
             IDR 300.000.000.000,-




         PT Bank Syariah Indonesia Tbk
458 2024 Annual Report
Page 461
      Case Summary / Lawsuit                                                            Impact on the           Management
No                                                  Settlement Status                                                                 Sanction
            and Parties                                                                   Company                 Efforts
2    Case number:                         1) The Bandung District Court ruled        There is a potential      In response to       None
     519/Pdt.g/2023/PN.Bdg                   that it does not have jurisdiction to   risk of compensation;     the Plaintiff’s
                                             adjudicate the case. In response, the   however, it is not        cassation appeal,
     Parties Involved:                       Plaintiff filed an appeal.              material to BSI's         BSI has submitted
     Plaintiff: Sukmawati                                                            business operations.      a Counter
     Defendant I: Anton Mashary           2) The Bandung High Court upheld           BSI holds a strong        Cassation
     Defendant II: PT BSI                    the decision of the Bandung District    position, having won      Memorandum.
     Co-Defendant I: KPKNL                   Court. The Plaintiff then filed a       the case at both the      The case is
                                             cassation appeal.
     Co-Defendant II: Gina Riswara                                                   District Court and        currently under
     Koswara,SH                                                                      High Court levels.        review by the
                                                                                                               Supreme Court of
     Case Summary:                                                                                             Indonesia.
     The lawsuit is an objection to
     the execution auction initiated
     by BSI. The Plaintiff claims to
     have an agreement with the
     Director of PT Lucky Sakti
     (Anton Mashary/Defendant I)
     regarding the Plaintiff’s asset,
     which was used as collateral
     at BSI.

     Claim value:
     Material damages
     IDR 350.000.000.000,-
     Immaterial damages
     IDR 500.000.000.000,-
3    Case number:                         The case is still under examination at     Terdapat potensi risiko   Attending and        None
     655/Pdt.G/2024/PN.Tgr                the Tangerang District Court.              ganti rugi namun          monitoring the
                                                                                     tidak bersifat material   trial proceedings.
     Parties Involved:                                                               terhadap usaha BSI.
     Plaintiff I:Enung Zauhar Insiah
     Plaintiff II: Dessy Nur Fitriani
     Plaintiff III: Andri Taufik Ismail
     Plaintiff IV: Annisa Nurul
     Hasanah
     Plaintiff V: Syifa Noorlia
     Fatimah/
     Plaintiff VI: Ghyna Ade Noor
     Maya/
     Defendant I: BSI KCP Tangerang
     Jatiuwung d/h BSM
     Defendant II:Koperasi Sumber
     Insan Mandiri (KOPSIM)
     Defendant III: Notary Siti
     Rohmah Caryana, SH
     Defendant IV: Notary Lilek
     Zaenah, SH

     Case Summary:
     The Plaintiffs object to the
     auction conducted by BSI
     on the collateral owned by
     Koperasi Sumber Insan Mandiri
     (KOPSIM). The Plaintiffs claim
     that they never engaged
     in a land sale transaction
     involving SHGB No. 222 to
     Koperasi Sumber Insan Mandiri
     (KOPSIM)/Defendant II.

     Claim value:
     Material damages
     IDR 20.700.000.000,-
     Immaterial damages
     IDR 10.000.000.000,-




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                                                                                                                        2024 Annual Report
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Page 462
CORPORATE
GOVERNANCE




               Case Summary / Lawsuit                                                          Impact on the           Management
     No                                                     Settlement Status                                                                Sanction
                     and Parties                                                                 Company                 Efforts
     4        Case number:                        The case is still under examination at    There is a potential     Attending and        None
              601/Pdt.G/2024/PN.Jkt.Utr           the North Jakarta District Court.         risk of compensation;    monitoring the
                                                                                            however, it is not       trial proceedings.
              Parties involved:                                                             material to BSI's
              Plaintiff: Ronald Suwandri                                                    business.
              Defendant: BSI
              Co- Defendant I: PT Jaya
              Makmur Hasta
              Co- Defendant II: Paul Setiawan
              Co- Defendant III: North Jakarta
              Land Office

              Case Summary:
              The lawsuit concerns objections
              to the auction of the Plaintiff's
              assets for the settlement of a
              customer's obligations under
              the name PT Jaya Makmur
              Hasta.

              Claim value:
              Material damages
              IDR 10.000.000.000,-
              ImMaterial damages
              IDR 30.000.000.000,-



Legal Cases Faced by The Board of Commissioners and Directors in Office

Throughout 2024, there were no legal cases faced by the current Board of Commissioners and Directors.


Legal Cases Faced by Subsidiaries

As of December 31, 2024, BSI does not have any subsidiaries; therefore, there is no information regarding legal cases involving
subsidiaries.




Administrative Sanctions Imposed on The Company, Members of The Board of Commissioners,
and Directors by The Capital Market Authority and Other Authorities

 Reporting Errors
 1        Type of Violation      Reporting Error in Position on HR Report (SDM SMT)
          Authority              OJK
          Date of Imposition     February 01, 2024
          Nominal                IDR 600,000.00
          Relevant Work          HCS
          Unity
          Remarks                1. During the monthly reporting for the June 2023 period (submitted in July), the recovery process of the i-port HC system
                                    had not been completed, resulting in manual reporting and some unupdated data.
                                 2. Currently, data processing and reporting validation are conducted using the i-port HC application, which is integrated
                                    with SIP, ensuring more updated and accurate data sources.
                                 vide                     OJK Letter Number 8/PB.223/2024 dated February 1, 2024




         PT Bank Syariah Indonesia Tbk
460 2024 Annual Report
Page 463
Reporting Errors
2    Type of Violation    SLIK Data Reporting Errors
     Authority            OJK
     Date of Imposition   February 01, 2024
     Nominal              IDR 5,500,000.00
     Relevant Work        FOG
     Unity
     Remarks              1. The due date has been updated, and the account will be closed due to the Hasanah Card account having no transactions
                             or being inactive.
                          2. For the collectibility correction process conducted at the beginning of each month, a cross-check between reporting
                             officers and the risk unit is necessary.
                          3. Periodic cleansing will be carried out for incorrectly entered collateral type codes that do not match ownership evidence,
                             and an enhancement will be implemented for the collateral type field with ownership proof in the core system.
                          4. The duplication of taxpayer identification numbers (NPWP) for business entities due to the merger process has been
                             reported to the supervisor. The consolidation of two CIFs into one CIF in the OJK Web application is currently in progress.
                          vide                     OJK Letter Number SR-8/PB.223/2024 dated February 1, 2024
Reporting Delay
1    Type of Violation    Delay in the Report on Product Implementation Realization
     Authority            OJK
     Date of Imposition   March 13, 2024
     Nominal              IDR50,000,000.00
     Relevant Work        TBG
     Unity
     Remarks              1. Since March and April, BSI has been preparing the realization report in parallel. On May 8, 2023, a ransomware incident
                             occurred, impacting BSI's systems, including the digital value chain, resulting in the absence of transaction realization
                             data for that period.
                          2. After the incident, the Bank carried out a recovery process. However, customer data on the DVC system could not be
                             recovered (lost). As per the Bank IT’s directive, a retesting process was conducted on November 9 and 14, 2023, before
                             the system went live.
                          3. BSI submitted the realization report through letter Number 03/4717-3/DIR-TBG, which was received by OJK on
                             November 23, 2023.
                          4. Conducted data and Digital Value Chain system backups to mitigate the risk of system failure.
                          vide                     OJK Letter Number S-95/PB.22/2024 dated March 13, 2024
2    Type of Violation    Sanction on Integrated General Bank Report (LBUT)
     Authority            Bank Indonesia
     Date of Imposition   April 26, 2024
     Nominal              IDR300,000.00
     Relevant Work        TGM
     Unity
     Remarks              Correction beyond the deadline for submitting the Daily Information Group (KI) of the LBUT data period on November 3,
                          2023, with the information name "foreign debt and other bank liabilities in short-term foreign currency – Daily Risk and
                          Capital," with a total of three (3) corrected rows.
                          vide                     Bank Indonesia Letter Number 26/103/DPKL-GPLB-PLBP/Srt/B dated April 26, 2024.
3    Type of Violation    Delay in Securities Transaction Reporting.
     Authority            OJK
     Date of Imposition   May 27, 2024
     Nominal              IDR24,000,000.00
     Relevant Work        TGM
     Unity
     Remarks              Delay in securities transaction reporting due to changes in the reporting system on the Indonesia Stock Exchange (BEI)
                          from the old CTP-PLTE version to the new CTP-PLTE version, with a commitment that every test conducted by BEI will be
                          attended by the designated PIC.
                          vide                     OJK Letter Number S-475/PM.121/2024 dated May 27, 2024.




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 Other Sanctions
 1    Type of Violation    Corrective Actions for the IT Incident on May 8, 2024
                           Failure to comply with the principles of Personal Data Protection (PDP) processing
      Authority            Ministry of Communication and Informatics
      Date of Imposition   February 15, 2024
      Nominal              Administrative Sanction: Written Warning
      Relevant Work        1. CISO                  2. IOG
      Unity
      Remarks              1. On May 8, 2023, a cyber incident occurred at PT Bank Syariah Indonesia Tbk, where a system disruption was caused by
                              ransomware.
                           2. The Ministry of Communication and Informatics (Kominfo) stated that there was a failure in complying with the principles
                              of personal data protection processing, resulting in unauthorized disclosure of personal data.
                           3. Based on point 2 above, BSI was subjected to an administrative sanction in the form of a written warning letter.
                           4. Moving forward, BSI is required to take corrective measures to prevent similar incidents in the future, including:
                              a. Implementing Data Loss Prevention (DLP) tools to minimize personal data security failures;
                              b. Reviewing and improving personal data protection practices and processes in accordance with Law No. 27 of
                                 2022 on Personal Data Protection (PDP), including the recommendations outlined in the letter from the Minister
                                 of Communication and Informatics of the Republic of Indonesia No. B-139/M.KOMINFO/AI.05.01/02/2024 dated
                                 February 15, 2024.
                           vide                     Letter from the Minister of Communication and Informatics of the Republic of Indonesia Number
                                                    B-139/M.KOMINFO/AI.05.01/02/2024 dated February 15, 2024.

In addition, there are no administrative sanctions imposed on the Board of Commissioners and Directors by the regulator.




Access to Company Information and Data                                       Investor Relation

BSI consistently provides accurate and up-to-date information                BSI has established an Investor Relation Group tasked with
regarding developments within the Bank to stakeholders. The                  managing relationships, both with regulators and shareholders
information presented is the result of internal compilation and              (Shareholders) as well as stakeholders (Stakeholders) in the Bank
processing, which is then transformed into a report within a                 while providing accurate information regarding the Company.
specific timeframe in accordance with applicable information                 The information provided relates to strategy, operational
disclosure regulations. This is carried out as a manifestation of            performance, and financial performance, which are presented
the principle of transparency and compliance with prevailing                 regularly and made available on the Bank's website. Both of
laws and regulations, such as capital market regulations on                  these aspects are expected to serve as references, providing a
information disclosure.                                                      comprehensive overview of the Company's performance that
                                                                             is beneficial for existing shareholders, potential investors in the
The transparency of the information conveyed by the Bank                     Bank's shares, as well as other stakeholders.
includes position, condition, performance, and financial
prospects available in annual reports, periodic financial reports,           The Company has provided communication channels for
interim reports, press releases, and other public disclosures.               investors and capital market entities to connect with Investor
Stakeholders can utilize all these information materials to analyze          Relations with the following details.
the Bank's performance. All information is updated regularly
and subsequently communicated to Shareholders and capital                    Investor Relation Group
market authorities through various communication channels.                   Gd. The Tower Jl. Gatot Subroto No. 27
The regular dissemination of information is part of efforts to               Kel. Karet Kuningan
establish effective and equitable communication between the                  Kec. Setiabudi, Jakarta Selatan
Bank and all stakeholders.                                                   Jakarta 12930 Indonesia
                                                                             Website Hubungan Investor: ir.bankbsi.co.id
                                                                             E-mail: investor-relations@bankbsi.co.id




     PT Bank Syariah Indonesia Tbk
462 2024 Annual Report
Page 465
Profile of Head of Investor Relations




                                                 Rizky Budinanda
                                                 Investor Relation Group Head


                                                 Cirebon, December 29, 1977 (47 Years)




                                                 Educational Background
        Indonesian Citizen
                                                 • Bachelor of Banking and International Finance, Flinders University of South
                                                   Australia (2000)
                                                 • Master of Applied Finance, Monash University Australia (2001)
        47 Years Old

                                                 Certification
        Domiciled in DKI Jakarta,                Risk Management Certification Body Level 4
        Indonesia


                                                 Work Experience
        Legal Basis of Appointment
                                                 • Group Head Investor Relation – PT Bank Syariah Indonesia Tbk (2022-sekarang)
                                                 • Senior Vice President Financial Institution Group & Public Sector – HSBC (2013-
        Decree No. 02/01067-SKPT/
        HC-BSI                                     2022)
                                                 • Head of Execution, Corporate & Invesment Banking – PT Bank DBS Indonesia
                                                   (2009-2012)
                                                 • Assistant Vice President, Execution, Corporate Banking – PT Bank DBS Indonesia
                                                   (2007-2009)
                                                 • Investment Banking, PT Mandiri Sekuritas (2003-2007)




Duties and Responsibilities of Investor Relation                       3. Proactively communicating the company's strategy and
                                                                          performance to shape the long-term valuation of the
The duties and responsibilities of Investor Relation within the           Company's shares through various communication activities,
Bank's organization include:                                              such as Quarterly Earnings Calls/Analyst Meetings, one-on-
1. Maintaining relationships with regulators, shareholders, and           one meetings, Annual Public Expose, Investor Conferences,
   capital market entities, including fund managers, buy-side &           Roadshows & Non-Deal Roadshows, as well as other
   sell-side analysts, stock brokers, insurance companies, rating         communication activities, both locally and internationally.
   agencies, and other stakeholders, in order to maintain trust        4. Fulfilling the obligation of providing accurate and valid
   while enhancing the company's value in the capital market.             information to investors and other relevant parties to foster
2. Developing communication and information strategies that               the perception of the Company as a reputable, credible, and
   generate positive awareness among shareholders regarding               attractive publicly listed company for investors.
   the company's financial position and prospects, with the            5. Conducting market condition analyses along with stock
   aim of fostering a strong financial relationship between the           movement reports to Management to provide updates on
   Company and its shareholders.                                          the Company's current valuation.




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6. Ensuring compliance with all capital market regulations, including but not limited to reporting and fulfilling data/information
   requirements needed by investors, regulators, and other stakeholders.
7. Enhancing literacy and understanding of the capital market among all Company employees through sharing sessions by inviting
   experts in the field.


Implementation of Investor Relation Duties

Several communication activities conducted by the Investor Relation Group for the Company's shareholders/stakeholders throughout
2024 include:


 No        Type of activity        Amount                                Description                                             Location
  1     Quarterly Earnings Call        4       Presentation of the Company's quarterly financial performance report   Jakarta
                                               to institutional investors and analysts.
  2     Investor Conference           13       Introduction to the Company and presentation of updates on its         Jakarta, Singapore, Malaysia,
                                               performance and strategy conducted through offline or online           Hong Kong, Australia, UAE
                                               conferences for existing investors and potential investors residing
                                               in Indonesia or abroad.
  3     Non-Deal Roadshow             11       Communication activities with existing investors and potential         Jakarta, Thailand,     Singapore,
                                               investors carried out through roadshows both within and outside        Malaysia,   French,     Germany,
                                               Indonesia.                                                             United Kingdom,        Edinburgh,
                                                                                                                      United States
  4     Institutional Investor        756      Presentation of updates on the Company's performance and               Jakarta
        Meeting                                strategy conducted through One-on-One meetings or group
                                               meetings, either offline or online, with existing investors and
                                               potential investors.
  5     Collaboration Event           11       Collaboration with securities companies to introduce the               Jakarta
        dengan Perusahaan                      Company by providing financial performance updates, primarily
        Sekuritas                              targeted at retail investors.
  6     Annual Rating Review           2       Meetings with Credit Rating Agencies to update the company's           Jakarta
                                               rating.




Press Releases

        Date                                                              Press Release Theme
   January 2, 2024     BSI Maslahat Collaborates with Rumah Singgah Pasien Sedekah Rombongan in Surabaya

   January 3, 2024     Expanding Islamic Banking Inclusion and Literacy, BSI Partners with the Indonesian Army (TNI AD)

   January 3, 2024     BSI Stocks Are Promising, Ranked Among the Top 5 Banks with the Highest Growth

   January 6, 2024     Throughout January 2024, BSI Branches Across Indonesia Provide Weekend Banking Services

   January 7, 2024     BSI Mosque as a Center of Serenity at Tourist Destinations

   January 8, 2024     Becoming a BHC Tourist Destination, BSI Bakauheni Mosque Welcomes 6,500 Worshippers per Month During Holiday
                       Season
   January 8, 2024     BSI Maslahat Delivers Third Phase of Humanitarian Aid for Palestine

   January 9, 2024     RDN Online: BSI & Mandiri Sekuritas Collaboration Expands Access to the Islamic Capital Market

  January 11, 2024     BSI Supports Micro Business Development, Ready to Distribute IDR 16 Trillion in Sharia KUR Loans in 2024

  January 11, 2024     BSI Facilitates Mustahik in Owning Homes

  January 14, 2024     Mitra Tani Modern: A Success Story of BSI Surabaya UMKM Center Helping SMEs to Level Up

  January 15, 2024     BSI Continues to Optimize ZISWAF Services and Donations via BSI Mobile

  January 15, 2024     Realizing Sustainable Services, BSI Opens Jakarta Telkom Sub-Branch Office (KCP)

  January 15, 2024     BSI Promotes Digital Payment Adoption at Pasar Gede

  January 16, 2024     Launching the First Sharia Online RDN, BSI Accelerates Islamic Capital Market Business

  January 17, 2024     Launching Sharia RDN, BSI Boosts Islamic Capital Market Development

  January 18, 2024     BRIS Stock Becomes More Attractive, Surpassing 2,000

  January 19, 2024     BSI Boosts Cashless Payments Through BSI Hasanah Card




      PT Bank Syariah Indonesia Tbk
464 2024 Annual Report
Page 467
     Date                                                                 Press Release Theme
January 23, 2024    BSI Maslahat Distributes Winter Aid, Warm Meals, and Ready-to-Eat Food for the Palestinian People

January 24, 2024    Encouraging Young People to Own Homes, BSI Offers Loan Terms of Up to 30 Years

January 26, 2024    BSI Maslahat and BSI Provide Assistance for Rumah Singgah Sedekah Rombongan Program in Semarang Branch

January 30, 2024    Stock Movement and Wealth Management Business Show Positive Growth, BSI Wins Two International Finance Awards

January 31, 2024    Market Cap Reaches IDR 100 Trillion, BSI Rises in Global Islamic Banking Rankings

February 1, 2024    Profits Grow by 33%, BSI Achieves Impressive Performance

February 1, 2024    Three Years of BSI, Growing Stronger in the Islamic Finance Industry

February 2, 2024    BSI Launches a Digital Platform for Institutional Customers

February 2, 2024    Three Years of BSI in Islamic Finance, Introducing Beyond Sharia Banking

February 3, 2024    459 BSI Branches Across Indonesia Offer Weekend Banking Throughout February 2024

February 5, 2024    BSI Encourages Young People to Invest in Gold

February 6, 2024    Three Years Since Its Establishment, BSI Continues to Strengthen Services for Customers

February 7, 2024    BSI Continues to Push Digital Banking Towards Beyond Sharia Banking

February 8, 2024    BSI's Consistency in Strengthening Global Business and Custody Services Recognized Internationally

February 13, 2024   Strengthening the Halal Ecosystem, BSI Simplifies Halal Certification Payments for SMEs

February 13, 2024   Increasing Investor Interest, BRIS Trading Volume Rises Significantly

February 16, 2024   BSI Prepares Excellent Hajj Payment Services for 2024

February 21, 2024   BSI Boosts SME Business, Facilitates Sharia Financing Access for MSMEs

February 22, 2024   BRIS Could Reach IDR 2,700, Driven by Strong Fundamental Performance

February 22, 2024   BSI UMKM Center Surabaya, the Benchmark Business Incubator for East Java MSMEs

February 23, 2024   BSI & IPB Alumni Offer Waqf Deposits as a Solution for Underprivileged Students

February 27, 2024   With a Large and Expanding Islamic Banking Market, BSI Aims to Increase Customers by 2-3 Million Per Year

February 28, 2024   BSI Regional Medan Supports Financing Through MSMEs

 March 1, 2024      BSI Regional Surabaya Targets IDR 1.94 Trillion in Sharia KUR Distribution for 2024

 March 1, 2024      Advancing Sports and Tourism, BSI Supports F1 Powerboat in Balige

 March 1, 2024      BSI Strengthens the Pesantren Economic Ecosystem Through Smart Agent Program

 March 5, 2024      Collaborating with BPJS Kesehatan, BSI Encourages Maximum Service from Healthcare Facilities

 March 6, 2024      BSI Promotes ZISWAF as a Sustainable Islamic Economic Instrument

 March 8, 2024      BSI Introduces “Sukuk Gold Ownership Program” for Sukuk Investment & Gold Ownership

 March 8, 2024      Enhancing MSME Potential, BSI Provides 1,000 Halal Certificates Through the Selasar Program

 March 9, 2024      Empowering Mustahik to Become Muzakki, BSI and BSI Maslahat Launch BSI Village Livestock Cluster Program in Mojokerto

 March 10, 2024     Hosting Gema Ramadan, BSI Promotes Digital Transactions for Mosques

 March 13, 2024     Strengthening the Community Economy, BSI Distributes Over IDR 222 Billion in Zakat

 March 13, 2024     BRIS Continues to Attract Foreign Investors

 March 15, 2024     BSI Enters the Top 10 Global Islamic Banks

 March 18, 2024     Achieving Positive Results in Early 2024, BSI Celebrates Ramadan 1445 H

 March 18, 2024     Spreading Blessings in Ramadan, BSI Provides Aid for 3,333 Orphans

 March 18, 2024     BSI (BRIS) Prepares IDR 45 Trillion in Cash for Eid

 March 18, 2024     BSI Signals Potential Dividend Distribution for First Half of 2024

 March 19, 2024     Sharing Blessings, Vice President Attends and Provides Aid for 3,333 Orphans

 March 22, 2024     Partnering with Pertamina Lubricants, BSI Eases Capital Access for Business Partners

 March 23, 2024     BSI Expands Weekend Banking Services Across Indonesia Throughout Ramadan




                                                                                                              PT Bank Syariah Indonesia Tbk
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       Date                                                              Press Release Theme
  March 26, 2024     Promoting Sustainable Banking, BSI Supports Palm Oil Financing for Plasma Farmers

  March 27, 2024     BSI and IKN Authority Sign MOU to Enhance Islamic Financial Literacy and Inclusion

   April 01, 2024    Asbisindo Supports OJK in Ending Banking Credit Restructuring Due to the Pandemic

   April 01, 2024    For Eid Holidays, BSI Prepares IDR 45 Trillion in Cash to Meet Public Demand for Banknotes

   April 02, 2024    With Double-Digit Growth, BRIS Enters Top Gainers of LQ45 Index

   April 02, 2024    SOE’s Ramadan Safari in Aceh, BSI Holds Affordable Market with 1,000 Basic Needs Packages

   April 04, 2024    Strengthening Islamic Financial Literacy and Inclusion in Villages, BSI Introduces the Islamic Financial Ecosystem

   April 04, 2024    BSI Sets Up Eid Travel Posts for Rest Stops & Zakat Consultation Services

   April 05, 2024    BSI Facilitates Free Homecoming for 644 Travelers

   April 06, 2024    BSI Provides Easy Zakat Payment Services via BSI Mobile

   April 06, 2024    570 BSI Branches Remain Open During Eid 2024 Holidays

   April 17, 2024    Abu Dhabi Islamic Bank Reportedly Plans to Acquire BSI Shares

   April 18, 2024    BSI Simplifies Homeownership with Griya One Day Approval

   April 18, 2024    Latest Update: ADIB’s Potential Acquisition of BSI Shares

   April 20, 2024    Gold Prices Continue to Rise, BSI’s Gold Financing Business Target Grows 30% in 2024

   April 23, 2024    BSI Promotes Green Vehicle Financing to Reduce Carbon Emissions

   April 28, 2024    BSI and Ministry of Religious Affairs Hold Hajj Fitness Exercise for Physical & Spiritual Readiness

   April 30, 2024    BSI Achieves Impressive Profit of IDR 1.71 Trillion as of March 2024

    May 2, 2024      Accelerating Sustainable Finance in Islamic Banking

    May 3, 2024      BSI Appoints Wisnu Sunandar as New Corporate Secretary

    May 7, 2024      Through Sustainable Finance, Islamic Banks Have Great Potential to Align ESG and SDG

   May 13, 2024      BSI Sends Off 83% of Indonesia’s Hajj Pilgrims in 2024

   May 13, 2024      Hundreds Protest at the Ministry of SOEs, Urging BSI to be Free from Corruption

   May 14, 2024      BRIS's Strong Fundamentals: Analysts Recommend Buying with a Target Price of IDR 3,400

   May 14, 2024      Islamic Banks Encouraged to Maintain Resilience and Sustainable Growth

   May 14, 2024      BSI Partners with PT Badak NGL to Enhance Islamic Banking Literacy and Inclusion

   May 14, 2024      BSI to Host Indonesia’s First and Largest International Islamic Banking Expo

   May 15, 2024      Strengthening Sustainable Finance, BSI Issues Sustainability Sukuk

   May 17, 2024      BSI Annual General Meeting of Shareholders (RUPST)

   May 20, 2024      BSI Scholarship 2024 is Now Open, Apply Now!

   May 21, 2024      BSI’s Shareholding Portion Set to Increase

   May 22, 2024      Double-Digit Financing Growth, BSI’s Performance Becomes Even Stronger

   May 24, 2024      Boosting MSME Growth, BSI Joins Jelajah Kuliner Nusantara Bandung

   May 29, 2024      BSI CEO Delivers Public Lecture on Islamic Banking Literacy at Syiah Kuala University, Aceh

   May 30, 2024      Vice President Inaugurates BSI Aceh Green Building and Outlines Strategies for Islamic Finance Growth

   May 31, 2024      Through Jelajah Kuliner Nusantara in Medan, BSI Continues to Elevate MSMEs

    June 3, 2024     BSI Prepares 200 Wheelchairs in Saudi Arabia to Serve Elderly Hajj Pilgrims

    June 4, 2024     Beware of Fraud Ahead of Eid al-Adha, BSI Urges Customers to Verify Information via Official Channels

    June 4, 2024     Ministry of SOE Strengthens Aceh’s MSME Ecosystem, Successfully Hosts Karya Nyata Festival BUMN Vol.7

    June 5, 2024     BSI Remains Committed to Serving & Developing the Community Economy Through Stakeholder Collaboration

    June 5, 2024     High Market Enthusiasm: BSI’s ESG Sukuk Worth IDR 9 Trillion Oversubscribed Three Times




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Page 469
   Date                                                              Press Release Theme
June 6, 2024    BSI to Distribute IDR 855.56 Billion in Cash Dividends on June 20, 2024

June 6, 2024    Over 5,000 Students Receive Scholarships from BSI

June 6, 2024    BSI Mobile Qurban Purchases Increase by 35%

June 7, 2024    BSI Gold Financing Business Soars by 30% in Print Media

June 7, 2024    Riyal Transactions at BSI Surge 57.18% During Hajj Season 2024

June 8, 2024    Ahead of Eid al-Adha, 604 BSI Branches Across Indonesia Offer Weekend Banking Throughout June 2024

June 9, 2024    Maliq & D’Essentials, RAN, and Hanan Attaki to Light Up BSI International Expo 2024

June 10, 2024   BSI Partners with Qasir.id to Digitalize 24,000 MSMEs

June 10, 2024   BSI Reaffirms Commitment to Boost MSME Financing

June 12, 2024   BSI Announces ESG Sukuk Returns of 6.65%-6.8% Per Year

June 13, 2024   Hery Gunardi Named CEO of the Year, BSI Crowned Best Islamic Bank

June 14, 2024   Fulfilling Commitment to Strengthen Indonesia’s Halal Ecosystem, BSI Hosts International Expo 2024

June 16, 2024   Enhancing Islamic Wealth Management Services, BSI Launches Priority Outlets in Surabaya & Pondok Indah

June 17, 2024   Welcoming Eid al-Adha 1445H, BSI Distributes 9,390 Sacrificial Animals Across Indonesia

June 20, 2024   BSI International Expo 2024 Highlights

June 20, 2024   BSI Welcomes Vice Grand Sheikh of Al-Azhar, Discusses Halal Certification

June 20, 2024   BSI and Al-Azhar Egypt Align Vision for a Sustainable Islamic Ecosystem at BSI Expo 2024

June 21, 2024   Supporting Human Resource Development in Indonesia, BSI Scholarship 2024 Targets 2,300 Students

June 21, 2024   Strengthening the Halal Ecosystem, BSI Collaborates with Strategic Partners

June 22, 2024   Partnering with 17 Developers, BSI Offers Attractive Promotions with a 2.22% Equivalent Margin

June 23, 2024   Closing Ceremony of BSI International Expo 2024

June 23, 2024   BSI & MES Launch Waqf Deposits for Informal Worker Social Security

June 24, 2024   BSI’s Commitment to Hajj Services, Welcoming Back 2024 Hajj Pilgrims

June 26, 2024   Consistently Promoting Green Initiatives, BSI Reduces 940 Kg of Carbon Footprint During BSI International Expo 2024

June 27, 2024   Book Discussion “Mega Merger in the Pandemic Era”: Historical Records & Reference for Islamic Banking Development in
                Indonesia
June 28, 2024   BSI to Inaugurate MSME Center in Makassar, Strengthening MSME Empowerment in Eastern Indonesia

June 29, 2024   BSI Ready to Be Mothers’ Partner Through Family-Oriented Islamic Products

July 1, 2024    First Profit-Sharing of BSI ESG Sukuk to Be Paid in September 2024

July 3, 2024    BSI Attracts Interns from International Universities

July 3, 2024    Egyptian Buyer Ranked First in Business Matching at BSI International Expo 2024

July 4, 2024    Building a Halal Ecosystem and ESG Initiatives, BSI Becomes a Benchmark for Malaysian Banking

July 4, 2024    BSI & ITB Launch Waqf Deposit for Mosques in Cirebon

July 6, 2024    BSI Opens Weekend Banking Services at 540 Branches Throughout July 2024

July 8, 2024    BRIS Market Capitalization Shines, Joins PEFINDO i-Grade Index

July 11, 2024   BSI Aims for Top 3 Global Islamic Banks: The Journey and Challenges Behind the Mega Merger

July 11, 2024   Performance Rises by 15.3%, BSI Priority Receives International Award

July 15, 2024   BSI Urges Customers to Stay Alert Against Fraud Schemes

July 17, 2024   BSI Has Entered the Top 5 Largest SOEs by Market Capitalization

July 19, 2024   Digital Banking Transactions Up 45%, BSI Appreciates Customers Through BSI Mobile Hujan Rezeki

July 20, 2024   Sharia Stock Transactions Can Use BSI Accounts

July 22, 2024   Millennials' Interest in Gold Investment Increases




                                                                                                       PT Bank Syariah Indonesia Tbk
                                                                                                                2024 Annual Report
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CORPORATE
GOVERNANCE




       Date                                                            Press Release Theme
   July 22, 2024     BSI Named Rising Star at the Contact Center World Asia Pacific 2024

   July 22, 2024     Asbisindo Encourages Strengthening the Hajj & Umrah Ecosystem as an Economic and Foreign Exchange Potential

   July 24, 2024     BSI Holds CEO Teaching in Makassar & Provides IDR 5.5 Billion in Scholarships

   July 24, 2024     Inaugurating UMKM Center Makassar, BSI Strengthens MSME Empowerment in Eastern Indonesia

   July 27, 2024     BSI Takes 140 Orphans Shopping, Teaches Sharia Transaction Literacy

   July 30, 2024     Cash Waqf Movement: BSI, Ministry of Religious Affairs, & BWI Collaboration to Improve Community Welfare

   July 30, 2024     BSI Boss: Pak Erick Has Strong Leadership and is Quick in Decision-Making

   July 31, 2024     BSI & Ministry of Religious Affairs Distribute IDR 9.17 Billion for 2024 Phase I Mosque Assistance Program

   July 31, 2024     BSI President Director: AKHLAK Culture is the Foundation for Building BSI Human Resources in Print Media

   August 1, 2024    Strengthening the Sharia Capital Market, BSI Prepares the First Sharia Short-Term Working Capital for Securities

   August 2, 2024    Banking Needs to Be More Agile in Facing Future Economic Challenges & Opportunities

   August 2, 2024    Throughout August 2024, BSI Opens Weekend Banking Services at 568 Branch Offices

   August 4, 2024    Consistently Supporting Sustainable Business with a Portfolio of IDR 59.2 Trillion, BSI Wins Two Awards

   August 5, 2024    BSI Mobile as the Spearhead to Increase Digital Penetration & Integrated Financial Services

   August 6, 2024    Through ODP, BSI Prepares Future Leaders for Sharia Banking

   August 7, 2024    BSI Supports Government in Eradicating Online Gambling, Sharia Compliance as the Foundation

   August 8, 2024    103 Thousand BSI Agents Reach Transaction Volume of IDR 31 Trillion

   August 9, 2024    Sport Climbing Wins Gold at Paris 2024 Olympics, BSI to Appreciate ‘Indonesia’s Spiderman’

  August 12, 2024    Consistently Implementing ESG, BSI Wins KGIA 2024 Award

  August 12, 2024    BSI Payroll Grows 8.72%, Synergy as the Main Strategy

  August 14, 2024    Achieving Impressive Performance Throughout 2023, BSI Wins Prominent Award 2024

  August 14, 2024    BSI Encourages Small Businesses to Level Up Through UMKM Festival on Independence Day

  August 16, 2024    BSI Provides Waqf Deposit Scholarships

  August 18, 2024    Islamic Book Fair 2024 Appreciates BSI, a Bank Supporting Literacy Movement

  August 19, 2024    BSI ROCK Recruits Indonesia’s Best Talents at IPB Campus

  August 20, 2024    BSI’s Remittance Business Increases by 10%, Transactions Reach IDR 50 Trillion

  August 21, 2024    Commitment to Support MSMEs, BSI’s MSME Financing Portion Increases

  August 21, 2024    BSI Griya Financing Grows Positively, Reaches IDR 54.34 Trillion

  August 23, 2024    Consistently Strengthening Sharia Financial Literacy and Inclusion, BSI Receives Award from OJK

  August 26, 2024    BSI UMKM Center, a Strategic Initiative to Empower and Elevate Entrepreneurs

  August 28, 2024    Expanding Customer Base Abroad, BSI Prepares Migrant Services in Malaysia

  August 29, 2024    BSI Expands Gold Pawn Services Through BSI Agents

  August 31, 2024    Strengthening MSME Networks, BSI Partners with TDA Entrepreneur Community to Launch Co-Branding Card

 September 1, 2024   Synergy Run, BSI & Pelindo Collaboration to Enhance Sharia Banking Literacy

 September 1, 2024   BSI Supports MSME Presence in Sibakul Jogja Sport Fest 2024

 September 2, 2024   Outstanding Financial Performance, BSI Achieves 20.28% Profit Growth

 September 3, 2024   Winning Gold at Paris 2024 Olympics, BSI Grants IDR 1 Billion Reward for Veddriq Leonardo

 September 4, 2024   Harpelnas 2024, BSI Provides More Responsive and Personalized Ultimate Service

 September 5, 2024   Supporting PON XXI Aceh-Sumut, BSI Prepares IDR 2.8 Trillion in Cash

 September 5, 2024   Visiting Undip, BSI Recruits Top Talents at Campus Through BSI Rock

 September 6, 2024   BSI Prepares 910 ATMs/CRMs in Aceh During PON 2024




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      Date                                                              Press Release Theme
September 6, 2024    Throughout September 2024, BSI Opens Weekend Banking Services at 504 Branch Offices

September 8, 2024    Come Join! On September 9 and 10, BSI Holds Public Viewing at Taman Sari

September 8, 2024    BSI Optimizes All Services, Supports Smooth Financial Transactions for PON XXI 2024

September 9, 2024    BSI’s Presence at PON Aceh-Sumut 2024, a Strong Commitment to Economic & Sports Development

September 10, 2024   Through PON XXI, BSI Commits to Advancing Aceh’s Sports

September 11, 2024   Officially Sponsoring Persiraja, BSI Hopes Laskar Rencong Can Be Promoted to League 1

September 12, 2024   Up 65.52% Since Early 2024, BRIS Shares Hit All-Time High

September 12, 2024   Consistently Enhancing Services, BSI Priority Customers Exceed 60 Thousand

September 12, 2024   BSI Contact Center Wins The Best Contact Center Indonesia Award 2024

September 13, 2024   Holding BSI ROCK, BSI Expands Career Opportunities for Indonesia’s Youth

September 13, 2024   Digital Banking Deemed Optimal, BSI Wins Best Digital Bank Award

September 17, 2024   BRIS Continues to Strengthen, Reaching an ATH Level of IDR 3,180

September 17, 2024   BSI Ready to Accelerate Global Hub & Islamic Ecosystem, Supporting Indonesia Islamic Financial Center (IIFC)

September 19, 2024   BSI Named The Most Efficient Bank & Best Performance Bank in Sharia Bank Category

September 19, 2024   CEO Teaching Series (2 Releases)

September 19, 2024   BSI Wins Best Practices in Regulation Compliance at Republika ESG Award 2024

September 20, 2024   BSI Promotes Halal Lifestyle and Islamic Economy at Kompas Travel Fair 2024

September 23, 2024   Expanding Services for Customers, BSI Partners with Prudential Syariah

September 24, 2024   BSI’s QRIS and ATM Transaction Volume in Aceh Doubles During PON XXI

September 25, 2024   BSI Expands Bank Guarantee Services in Collaboration with Jamkrida Jakarta

September 26, 2024   Dominated by BSI Griya, BSI’s Consumer Financing Grows 15.91%

September 27, 2024   BSI Ready to Be a Strategic Partner for 400 Umrah and Hajj Travel Agencies

September 27, 2024   Supporting MSMEs to Go Global, BSI Sends 5 MSME Partners to Saudi Arabia

September 29, 2024   BSI Supports Indonesian Sports Progress Through Mentoring for Outstanding Athletes

September 29, 2024   Solid & Sustainable Performance, BSI Assets Grow 48% in 3 Years

 October 1, 2024     BSI Region X Makassar Shows Strong Performance, Pawn and Gold Installment Business Shines

 October 2, 2024     BSI Partners with Hajj and Umrah Associations, Strengthening the Islamic Ecosystem

 October 3, 2024     BSI Payroll Among the Top Three Banks Preferred by Civil Servants

 October 4, 2024     BSI Prioritizes Strengthening Sharia Financial Literacy Through Islamic Wealth Insight Event

 October 5, 2024     BSI Opens 470 Weekend Banking Outlets Throughout October

 October 8, 2024     Maintaining Positive Performance, BSI Prepares 4 Strengthening Strategies

 October 10, 2024    BSI's Welfare Concept: Learn & Earn as Much as Possible, Return as Widely as Possible

 October 14, 2024    BSI Promotes Community Self-Sufficiency Through the Development and Optimization of KH Ahmad Dahlan Yogyakarta
                     Mosque
 October 15, 2024    BSI Waqf Deposits & IPB Alumni Reach IDR 20 Billion, 165 Students Have Benefited

 October 16, 2024    Gold Business Grows Double Digits, BSI Strengthens Gold Pawn Services via BSI Agents

 October 16, 2024    Excellent Governance, BSI Strengthens Position as Leading Sharia Bank

 October 17, 2024    Strengthening Hajj & Umrah Ecosystem, BSI Becomes Official Bank Partner for Saudia Travel Fair 2024

 October 18, 2024    Enhancing Economic Independence in Bali, BSI Inaugurates MSME Center in Bedugul

 October 21, 2024    BSI Communication Summit 2024

 October 21, 2024    Supporting Government, BSI and REI Strengthen Synergy to Provide Decent Housing for Communities

 October 22, 2024    Supporting Financing for E-Catalog Entrepreneurs, BSI Collaborates with AKEN




                                                                                                              PT Bank Syariah Indonesia Tbk
                                                                                                                       2024 Annual Report
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Page 472
CORPORATE
GOVERNANCE




       Date                                                              Press Release Theme
  October 25, 2024   BSI’s Impressive Performance is a Result of Consistent Transformation

  October 26, 2024   BSI Nurtures Top Young Entrepreneurs in Aceh

  October 28, 2024   BSI Prepares Remittance Services in 12 Countries

  October 29, 2024   Healthy and Sustainable Business, Key to BSI’s 21.60% Profit Growth

  October 31, 2024   BSI Strengthens the Halal Ecosystem, Optimizing Food and Beverage Industry Potential

  October 31, 2024   Enhancing Sharia Financial Services, BSI and Askrindo Syariah Agree on IDR 1 Trillion Collaboration

 November 1, 2024    BSI and Jamkrida Boost MSME Business Through Easier Guarantees

 November 1, 2024    BSI Relies on Digitalization to Strengthen Sharia Financial Penetration

 November 2, 2024    BAZNAS and BSI Launch Green Zakat Framework

 November 4, 2024    SuperApp BYOND by BSI Ready to Launch, More Comprehensive, User-Friendly & Secure Services

 November 6, 2024    Hery Gunardi Re-Elected as ASBISINDO Chairman, Optimistic About National Sharia Banking Future

 November 6, 2024    BSI Supports National Nutrition Program Through Partnership with BGN

 November 8, 2024    BSI Facilitates MSME Customers to Go Global, Expanding to 2 Countries

 November 9, 2024    Tulus to NDX Brighten Up BYOND by BSI Launching, Inclusive & Bringing New Spirit

 November 9, 2024    SuperApp BYOND by BSI Officially Launched! Providing More Comprehensive, Comfortable & Secure Services

 November 14, 2024   Adding ATM and CRM Networks, BSI Strengthens & Eases Access for the Public

 November 15, 2024   Yura Yunita & Wali to Liven Up BYOND by BSI Event at CFD

 November 17, 2024   Many Features & Special Programs, BYOND by BSI Receives Positive Market Response

 November 19, 2024   BSI Strengthens Green Economy Through a Series of BYOND by BSI Events

 November 21, 2024   Millennials Dominate Active Users of SuperApp BYOND, BSI Brings Financial Literacy to Malls in Jabodetabek

 November 22, 2024   Consistently Supporting Education Advancement, BSI Provides Direct Assistance to Students

 November 22, 2024   BSI Boosts Vehicle Business at GAIKINDO Jakarta Auto Week 2024

 November 22, 2024   Supporting the Creative Industry, BSI Collaborates with Pinasthikafest Through SuperApp BYOND by BSI

 November 28, 2024   Encouraging Financial Sector Expansion from the Gold Industry, BSI Launches BSI Gold

 November 29, 2024   BSI Scholarship 2024 Reaches 2,300 Beneficiaries, Concrete Proof of BSI’s Contribution to Education Advancement

 December 2, 2024    Successfully Increasing Digital Transactions, BSI Wins 2 Awards from VISA

 December 3, 2024    Concrete Steps to Strengthen Inclusive Services, BSI Provides Disability-Friendly Facilities

 December 3, 2024    BSI Wins Two BI Awards 2024 as the Best Sharia Bank Supporting Monetary Control and Best RTGS & SSS System
                     Participant
 December 5, 2024    Towards Year-End, BSI Boosts Housing Business and Wins Indonesia Property Award 2024

 December 5, 2024    Company Grows Sustainably, BSI President Director Wins The Best Industry Marketing Champion 2024 - Commercial
                     Banking Sector
 December 10, 2024   Gold Prices Becoming More Attractive, BSI RO IX Kalimantan Precious Metal Business Grows 223%

 December 10, 2024   Hosting Talenta Wirausaha 2024, BSI Targets 8,500 Participants from Across Indonesia

 December 11, 2024   IT Expert: Super Apps for Banks Should Not Only Be Easy but Also Secure

 December 12, 2024   Solid Performance and Service Growth, BSI Adds to Its Collection of Awards Towards Year-End

 December 15, 2024   BSI Records Significant Increase in Hajj Savings, Proving Pilgrims' Trust

 December 16, 2024   Strengthening ESG Implementation, BSI Develops Economy and Plants Trees in Semoyo Village, Yogyakarta

 December 17, 2024   BSI and ICMI Collaborate on ICMI Scholarship Series Waqf Deposit, Focusing on Education Aid for Underprivileged Students

 December 19, 2024   BYOND by BSI Reaches One Million User Target, A Game Changer for BSI

 December 21, 2024   Encouraging Environmental Sustainability, BSI Invites the Public to Implement Sustainable Tourism in Cikole Lembang




     PT Bank Syariah Indonesia Tbk
470 2024 Annual Report
Page 473
Transparency Report Submission

 No       Letter Date       Letter Number      Purpose of the Letter                                 Subject
  1.   January 09, 2024    04/028-3/CSG       OJK Capital Market         Report on Corporate Debt/Liabilities in Foreign Currencies as of
                                              Supervision                December 31, 2023
  2.   January 09, 2024    04/029-3/CSG       Indonesia Stock Exchange   Monthly Report on Securities Holders Registration Ending on
                                              (IDX)                      December 31, 2023
  3.   January 31, 2024    04/168-3/DIR-CFA   Indonesia Stock Exchange   Submission of Audited Financial Statements as of December 31,
                                              (IDX)                      2023
  4.   February 01, 2024   04/130-3/CSG       OJK Capital Market         Submission of Proof of Advertisement for Annual Financial
                                              Supervision                Report Information
  5.   February 01, 2024   04/131-3/CSG       PT Bursa Efek Indonesia    Submission of Information on Compliance with Public Expose
                                              (BEI)                      Obligations
  6.   February 06, 2024   04/143-3-CSG       PT Bursa Efek Indonesia    Monthly Report on Securities Holders Registration Ending on
                                              (BEI)                      January 31, 2024
  7.   February 06, 2024   04/144-3-CSG       OJK Capital Market         Report on Corporate Debt/Liabilities in Foreign Currencies as of
                                              Supervision                January 31, 2024
  8.   February 19, 2024   04/315-3/DIR-CSG   OJK Capital Market         Changes in the Nomination and Remuneration Committee of the
                                              Supervision                Issuer or Public Company
  9.   February 27, 2024   04/199-3/CSG       PT Bursa Efek Indonesia    Explanation Regarding Media Reports
                                              (BEI)
 10.   March 05, 2024      04/220-3/CSG       OJK Capital Market         Disclosure of Information on Certain Shareholders
                                              Supervision
 11.   March 05, 2024      04/474-3/DIR-CSG   OJK Capital Market         Changes in the Audit Committee
                                              Supervision
 12.   March 06, 2024      04/222-3/CSG       OJK Capital Market         Report on Corporate Debt/Liabilities in Foreign Currencies as of
                                              Supervision                February 29, 2024
 13.   March 14, 2024      04/278-3/CSG       PT Bursa Efek Indonesia    Islamic Securities Information Form (DES)
                                              (BEI)
 14.   March 14, 2024      04/279-3/CSG       PT Bursa Efek Indonesia    Submission of Information on Compliance with Annual Public
                                              (BEI)                      Expose Obligations
 15.   March 28, 2024      04/651-3/DIR-CSG   OJK Capital Market         Notification of the Agenda for the Annual General Meeting of
                                              Supervision                Shareholders (AGMS) for the 2023 Financial Year of PT Bank
                                                                         Syariah Indonesia Tbk
 16.   April 05, 2024      04/350-3/CSG       OJK Capital Market         Notification of the Plan for the Annual General Meeting of
                                              Supervision                Shareholders
 17.   April 04, 2024      04/346-3/CSG       OJK Capital Market         Report on Corporate Debt/Liabilities in Foreign Currencies as of
                                              Supervision                March 31, 2024
 18.   April 04, 2024      04/341-3/CSG       PT Bursa Efek Indonesia    Monthly Report on Securities Holders Registration as of March
                                              (BEI)                      31, 2024
 19.   April 05, 2024      04/353-3/CSG       PT Bursa Efek Indonesia    Submission of Proof of Notification Advertisement for the
                                              (BEI)                      General Meeting of Shareholders (GMS)
 20.   April 22, 2024      04/727-3/DIR-CSG   OJK Capital Market         Submission of PT Bank Syariah Indonesia Tbk's Sustainability
                                              Supervision                Report for the 2023 Financial Year
 21.   April 22, 2024      04/732-3/DIR-CSG   OJK Capital Market         Submission of PT Bank Syariah Indonesia Tbk's Annual Report
                                              Supervision                for the 2023 Financial Year
 22.   April 25, 2024      04/382-3/CSG       PT Bursa Efek Indonesia    Summons for the Annual General Meeting of Shareholders
                                              (BEI)
 23.   April 24, 2024      04/379-3/CSG       PT Bursa Efek Indonesia    Explanation Regarding Media Reports
                                              (BEI)
 24.   April 26, 2024      04/384-3/CSG       OJK Capital Market         Submission of Proof of Advertisement for the GMS Summons
                                              Supervision
 25.   April 30, 2024      04/800-3/DIR-CFA   PT Bursa Efek Indonesia    Submission of Financial Statements as of March 31, 2023
                                              (BEI)
 26.   April 30, 2024      04/400-3/CSG       PT Bursa Efek Indonesia    Submission of Proof of Advertisement for Interim Financial
                                              (BEI)                      Report Information
 27.   May 02, 2024        04/402-3/CSG       PT Bursa Efek Indonesia    Change in Corporate Secretary
                                              (BEI)
 28.   May 07, 2024        04/415-3/CSG       OJK Capital Market         Report on Corporate Debt/Liabilities in Foreign Currencies as of
                                              Supervision                April 30, 2024
 29.   May 07, 2024        04/416-3/CSG       PT Bursa Efek Indonesia    Monthly Report on Securities Holders Registration Ending on
                                              (BEI)                      April 30, 2024




                                                                                                    PT Bank Syariah Indonesia Tbk
                                                                                                             2024 Annual Report
                                                                                                                                      471
Page 474
CORPORATE
GOVERNANCE




  No          Letter Date         Letter Number    Purpose of the Letter                                Subject
  30.      May 21, 2024         04/467-3/CSG      PT Bursa Efek Indonesia   Summary of the Minutes of the Annual General Meeting of
                                                  (BEI)                     Shareholders
  31.      May 21, 2024         04/472-3/CSG      PT Bursa Efek Indonesia   Information Disclosure Regarding Corporate Action – Cash
                                                  (BEI)                     Dividend – 21/05/2024
  32.      May 22, 2024         04/484-3/CSG      PT Bursa Efek Indonesia   Submission of Proof of Advertisement for GMS Results
                                                  (BEI)
  33.      May 31, 2024         04/1022-3/DIR-    OJK Capital Market        Changes in the Audit Committee
                                CSG               Supervision
  34.      May 31, 2024         04/1022-3/DIR-    OJK Capital Market        Changes in the Nomination and Remuneration Committee of the
                                -CSG              Supervision               Issuer or Public Company
  35.      June 05, 2024        04/570-3/CSG      OJK Capital Market        Report on Corporate Debt/Liabilities in Foreign Currencies as of
                                                  Supervision               May 31, 2024
  36.      June 05, 2024        04/569-3/CSG      PT Bursa Efek Indonesia   Monthly Report on Securities Holders Registration as of May
                                                  (BEI)                     31, 2024
  37.      June 07, 2024        04/584-3/CSG      OJK Capital Market        Follow-up on Request for Explanation Regarding Online Media
                                                  Supervision               Reports on PT Bank Syariah Indonesia Tbk. (BSI)
  38.      June 14, 2024        04/467a-3/CSG     PT Bursa Efek Indonesia   Summary of the Minutes of the Annual General Meeting of
                                                  (BEI)                     Shareholders (Correction)
  39.      June 13, 2024        04/663-3/CSG      OJK Capital Market        Minutes of the Annual General Meeting of Shareholders
                                                  Supervision
  40.      June 14, 2024        04/680-3/CSG      OJK Capital Market        Summary Information on Amendments to the Company’s
                                                  Supervision               Articles of Association
  41.      July 05, 2024        04/735-3/CSG      PT Bursa Efek Indonesia   Monthly Report on Securities Holders Registration as of June
                                                  (BEI)                     30, 2024
  42.      July 05, 2024        04/736-3/CSG      OJK Pengawas Pasar        Report on Corporate Debt/Liabilities in Foreign Currencies as of
                                                  Modal                     June 30, 2024
  43.      July 05, 2024        04/1309-3/DIR-    OJK Capital Market        Report on the Realization of Fund Utilization from the
                                TGM               Supervision               Sustainable Sukuk Mudharabah Issuance – Phase I, 2024 of
                                                                            Bank Syariah Indonesia
  44.      July 16, 2024        04/798-3/CSG      PT Bursa Efek Indonesia   Planned Submission of the Audited Q2 2024 Financial
                                                  (BEI)                     Statements
  45.      July 24, 2024        04/848-3/CSG      OJK Capital Market        Change of Public Accounting Firm Name
                                                  Supervision
  46.      August 05, 2024      04/907-3/CSG      PT Bursa Efek Indonesia   Monthly Report on Securities Holders Registration as of July 31,
                                                  (BEI)                     2024
  47.      August 05, 2024      04/908-3/CSG      OJK Capital Market        Report on Corporate Debt/Liabilities in Foreign Currencies as of
                                                  Supervision               July 31, 2024
  48.      September 03, 2024   04/1105-3/CSG     OJK Capital Market        Submission of Proof of Advertisement for Interim Financial
                                                  Supervision               Report Information
  49.      September 05, 2024   04/1120-3/CSG     PT Bursa Efek Indonesia   Monthly Report on Securities Holders Registration Ending on
                                                  (BEI)                     August 31, 2024
  50.      September 05, 2024   04/1121-3/CSG     OJK Capital Market        Report on Corporate Debt/Liabilities in Foreign Currencies as of
                                                  Supervision               August 31, 2024
  51.      September 23, 2024   04/1179-3/CSG     PT Bursa Efek Indonesia   Submission of Commitment Letter on Free Float Compliance
                                                  (BEI)
  52.      September 25, 2024   04/1234-3/CSG     PT Bursa Efek Indonesia   Response to Request for Explanation Regarding Stock
                                                  (BEI)                     Transaction Volatility
  53.      October 01, 2024     04/1273-3/CSG     OJK Capital Market        Report on Material Information or Facts
                                                  Supervision
  54.      October 02, 2024     04/1286-3/CSG     OJK Capital Market        Islamic Securities List (DES) Form
                                                  Supervision
  55.      October 01, 2024     04/1274a-3/CSG    OJK Capital Market        Information on Ownership or Changes in Company Shareholding
                                                  Supervision               by Board of Directors and Board of Commissioners Member
                                                                            Hery Gunardi
  56.      October 01, 2024     04/1274b-3/CSG    OJK Capital Market        Information on Ownership or Changes in Company Shareholding
                                                  Supervision               by Board of Directors and Board of Commissioners Member Bob
                                                                            Tyasika Ananta
  57.      October 01, 2024     04/1274c-3/CSG    OJK Capital Market        Information on Ownership or Changes in Company Shareholding
                                                  Supervision               by Board of Directors and Board of Commissioners Member
                                                                            Zaidan Novari




        PT Bank Syariah Indonesia Tbk
472 2024 Annual Report
Page 475
No       Letter Date       Letter Number    Purpose of the Letter                                Subject
58.   October 01, 2024    04/1274d-3/CSG   OJK Capital Market        Information on Ownership or Changes in Company Shareholding
                                           Supervision               by Board of Directors and Board of Commissioners Member
                                                                     Anton Sukarna
59.   October 01, 2024    04/1274e-3/CSG   OJK Capital Market        Information on Ownership or Changes in Company Shareholding
                                           Supervision               by Board of Directors and Board of Commissioners Member Ade
                                                                     Cahyo Nugroho
60.   October 01, 2024    04/1274f-3/CSG   OJK Capital Market        Information on Ownership or Changes in Company Shareholding
                                           Supervision               by Board of Directors and Board of Commissioners Member
                                                                     Tribuana Tunggadewi
61.   October 01, 2024    04/1274g-3/CSG   OJK Capital Market        Information on Ownership or Changes in Company Shareholding
                                           Supervision               by Board of Directors and Board of Commissioners Member
                                                                     Grandhis Helmi Harumansyah
62.   October 01, 2024    04/1274h-3/CSG   OJK Capital Market        Information on Ownership or Changes in Company Shareholding
                                           Supervision               by Board of Directors and Board of Commissioners Member
                                                                     Saladin D. Effendi
63.   October 01, 2024    04/1274i-3/CSG   OJK Capital Market        Information on Ownership or Changes in Company Shareholding
                                           Supervision               by Board of Directors and Board of Commissioners Member
                                                                     Masduki Baidlowi
64.   October 01, 2024    04/1274j-3/CSG   OJK Capital Market        Information on Ownership or Changes in Company Shareholding
                                           Supervision               by Board of Directors and Board of Commissioners Member
                                                                     Suyanto
65.   October 01, 2024    04/1274k-3/CSG   OJK Capital Market        Information on Ownership or Changes in Company Shareholding
                                           Supervision               by Board of Directors and Board of Commissioners Member Abu
                                                                     Rokhmad
66.   October 04, 2024    04/1212-3/CSG    PT Bursa Efek Indonesia   Monthly Report on Securities Holders Registration Ending on
                                           BEI)                      September 30, 2024
67.   October 04, 2024    04/1213-3/CSG    OJK Capital Market        Report on Corporate Debt/Liabilities in Foreign Currencies as of
                                           Supervision               September 30, 2024
68.   October 07, 2024    04/1745-3/DIR-   PT Bursa Efek Indonesia   Additional Supporting Documents from the Controlling
                          CSG              BEI)                      Shareholder in Connection with the Call for Compliance with
                                                                     Index Constituent Evaluation Criteria
69.   October 09, 2024    04/1319-3/CSG    OJK Capital Market        Report on OJK Approval for the Appointment of Members
                                           Supervision               of the Board of Directors of the Company Response to Stock
                                                                     Exchange’s Request for Explanation
70.   October 10, 2024    04/1329-3/CSG    PT Bursa Efek Indonesia   Response to Stock Exchange’s Request for Explanation
                                           BEI)
71.   October 14, 2024    04/1774-3/DIR-   OJK Capital Market        Changes in the Composition of the Nomination and
                          CSG              Supervision               Remuneration Committee
72.   October 15, 2024    04/1343-3/CSG    OJK Capital Market        Information on OJK Approval for the Appointment of Members
                                           Supervision               of the Company’s Sharia Supervisory Board
73.   October 29, 2024    04/1408-3/CSG    PT Bursa Efek Indonesia   Submission of Proof of Advertisement for Interim Financial
                                           BEI)                      Report Information
74.   November 06, 2024   04/1443-3/CSG    PT Bursa Efek Indonesia   Monthly Report on Securities Holders Registration as of
                                           BEI)                      October 31, 2024
75.   November 06, 2024   04/1442-3/CSG    OJK Capital Market        Report on Corporate Debt/Liabilities in Foreign Currencies as of
                                           Supervision               October 31, 2024
76.   December 06, 2024   04/1586-3/CSG    PT Bursa Efek Indonesia   Monthly Report on Securities Holders Registration as of
                                           BEI)                      November 30, 2024
77.   December 06, 2024   04/1587-3/CSG    OJK Capital Market        Report on Corporate Debt/Liabilities in Foreign Currencies as of
                                           Supervision               November 30, 2024
78.   December 11, 2024   04/1615-3/CSG    OJK Capital Market        Report on OJK Approval for the Appointment of Members of the
                                           Supervision               Company’s Board of Commissioners




                                                                                                PT Bank Syariah Indonesia Tbk
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Code of Conduct                                                            f.   Bank personnel are prohibited from taking or utilizing
                                                                                the Bank’s facilities for their own benefit, for their family,
The code of conduct, which in the internal environment of                       or for the benefit of external parties.
BSI is referred to as the “Code of Conduct”, is an internal                g. Bank personnel may only conduct transactions involving
guideline of the Bank that contains systems, values, business                   securities, foreign exchange trading, precious metals,
ethics, commitment, and enforcement of company regulations                      derivatives, and other commodities for personal
for individuals in conducting business and other activities                     purposes outside working hours, provided that no
and interacting with stakeholders. The code of conduct is the                   conflict of interest, insider trading violations, or other
standard of ethics and behavior that must be guided by all levels               legal breaches occur.
of the Bank, namely Directors, Board of Commissioners, Senior          2. Prohibition of Gratuities/Bribery
Management and Employees in carrying out their daily duties                Bank personnel must take firm action against any form of
and business relations with customers, partners and co-workers..           gift or gratuity from customers, business partners, or other
                                                                           third parties.
The general objective of the code of conduct is to create              3. Confidentiality
guidelines so that any violations of the code of conduct and               Bank personnel must maintain the confidentiality of the
business ethics by all levels of the Bank can be identified quickly.       Bank’s data, especially all information related to deposit
The banking industry is a business based on the principles of              customers and their deposits, as well as investor customers
mutual trust and public trust, and it operates ethically and               and their investments, in accordance with applicable
responsibly.                                                               regulations.
                                                                       4. Abuse of Authority
Business behavior and ethics are expected to prevent                       Bank personnel are prohibited from abusing their authority
inappropriate relationships with customers or among Bank                   or deriving personal benefits, directly or indirectly, from
employees. The provisions encourage the implementation of                  information obtained through the Bank’s business activities.
Good Corporate Governance, which will eventually improve               5. Insider Conduct
the Bank’s image and reputation. The Company has a process                 Insiders possessing confidential information are prohibited
for implementing and monitoring compliance with the Code                   from using such information to gain personal benefits for
of Conduct. Director/SEVP Human Capital is responsible for                 themselves, their families, or third parties.
supervising the implementation of the Code of Conduct without          6. Integrity and Accuracy of Bank Data
exception by the Bank.                                                     The banking industry is highly regulated, requiring that
                                                                           all data presented be accurate and in compliance with
Principle of The Code Of Ethics                                            regulations.
                                                                       7. Integrity of the Banking System
The matters regulated in the Code of Conduct are:                          Bank personnel must ensure that they are not involved in any
1. Conflict of Interest                                                    criminal activities and/or other illegal activities that could
   Implementation of Conflict of Interest Management:                      disrupt the banking system, such as fictitious financing,
   a. Bank personnel must avoid activities that could give rise            embezzlement of customer funds, fraudulent transactions,
       to conflicts of interest. Such activities must be strictly          data forgery, and other similar misconduct.
       avoided.                                                        8. Management of Employee Accounts
   b. Bank personnel are prohibited from granting approval                 The Bank must ensure that all accounts held by Bank
       and/or requesting approval for financing facilities, as             personnel are reasonable and comply with the requirements
       well as special profit-sharing/margin rates, for:                   set forth in the Bank’s Corporate Regulations. The Human
       - Themselves;                                                       Capital Unit is responsible for overseeing the use of such
       - Family/relatives up to the second degree, both                    accounts while maintaining the Bank’s confidentiality
           vertically and horizontally;                                    requirements.
       - Companies in which they and/or their family                   9. Annual Disclosure
           members have interests.                                         In relation to the implementation of the Bank’s Code of
   c. Family/relative relationships with the Bank's personnel              Conduct, all Bank personnel are required to make an honest
       up to the second degree, both vertically and horizontally.          and accountable annual disclosure.
   d. The granting of financing facilities to the Bank’s               10. Supervision, Implementation, and Updates
       Executive Officers, including their family/relatives up             The Director/SEVP of Human Capital is responsible for
       to the second degree, must receive approval from the                overseeing the implementation of the Code of Conduct by
       Board of Commissioners in accordance with applicable                all Bank personnel without exception.
       regulations, as stipulated in the Bank’s internal policies.     11. Sanctions for Violations/Non-Compliance
   e. Bank personnel must refrain from engaging in activities              Any violation or non-compliance with these provisions may
       related to any organization and/or individual that may              result in sanctions in accordance with applicable regulations.
       result in a conflict of interest.




      PT Bank Syariah Indonesia Tbk
474 2024 Annual Report
Page 477
Compliance With The Code of Ethics                                        Dissemination or socialization of the code of ethics aims
                                                                          to increase understanding of all BSI employees and its
The BSI Code of Ethics applies to the entire Bank organization,           implementation. Thus, all levels of management and employees
including the Board of Commissioners, the Sharia Supervisory              obey and comply with these provisions. Socialization is carried
Board, the Board of Directors, and all employees. As a                    out by management and related work units.
commitment to implementing the Code of Ethics within the
Bank, this is primarily enforced through the annual signing of an         The socialization program that has been running regularly is
integrity pact. The signing of the integrity pact by the Board of         “Taujih Pekanan.” This program is a facility for Bank management
Commissioners, the Board of Directors, and the Bank’s executive           to convey company values, namely AKHLAK as core values
officers serves as a preventive measure to control gratuities and/        for BSI employees. Through this activity, BSI employees are
or actions that violate the BSI Code of Ethics and/or any other           expected to always be in the right corridor, in line with the
actions that contravene applicable laws and regulations.                  Bank’s code of ethics. The code of ethics is also distributed in
                                                                          other forms, such as infographics and letters.
Dissemination of The Code of Ethics
                                                                          The dissemination of the Code of Ethics has been carried out
The Bank’s code of ethics has been regulated and outlined in              through the New Policy System (NPS) portal and the Bank’s
internal regulations, such as the PT Bank Syariah Indonesia,              website. Additionally, the socialization of the Code of Ethics has
Tbk Company Regulations (PP) for 2021-2023 (PP BSI) and                   been conducted for both internal and external parties, with the
its derivative provisions. PP BSI can be accessed by all levels           following details:
of management and Bank employees via the intranet network
(as an effort to reduce paper use and support the sustainable
finance program).




        Socialization targets                   Date                                     Socialization Participants

 INTERNAL PARTIES                        1    February 20,       Region VII Semarang
 (Organic   and Non-Organic       BSI         2024
 Employees)
                                         2    March 04, 2024     Region IX Kalimantan
                                         3    March 07, 2024     Distribution & Strategy Group (DSG)
                                         4    March 27, 2024     DBO Group
                                         5    March 28, 2024     ASP Group
                                         6    May 14, 2024       Region VI bandung
                                         7    June 19, 2024      HCS Group
                                         8                       HCP Group
                                         9                       HCBP 1
                                         10                      HCBP 2
                                         11   June 24, 2024      BSU, HCP, HCS, SORH 1, PFA, CAC
                                         12   July 01, 2024      Region III Palembang
 EXTERNAL PARTIES                        1    May 14, 2024       Partners of Notaries, Insurance, Guarantee, KAP, KJPP, Auction House and Law
 (Partners, Vendors, Business Partners                           Firm under the coordination of RO VI Bandung
 and other Third Parties)
                                         2    July 01, 2024      Notary, Insurance, Guarantee, KAP, KJPP, Auction House and Law Firm partners
                                                                 under the coordination of RO III Palembang
                                         3    October 10, 2024   BSI Maslahat



Efforts in Implementing and Enforcing The Code of Ethics

The implementation and enforcement of a code of ethics in an organization are crucial to maintaining integrity, transparency, and
accountability in all aspects of its activities. In order to realize its commitment to ethical values, BSI has undertaken various effective
measures, one of which is the implementation of an integrity pact signed by all management and employees.




                                                                                                         PT Bank Syariah Indonesia Tbk
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This integrity pact serves as a tangible manifestation of BSI's      ethical violations and enhance public trust in BSI as a reliable
commitment to upholding high ethical standards. Every                financial institution with high ethical standards.
individual working at BSI, from management to employees, is
required to sign this integrity pact as a form of acknowledgment     Types of Sanctions for Code of Ethics Violations
and agreement to adhere to the applicable code of ethics. This
also reinforces the principle that every action and decision taken   Disciplinary guidance for employees who fail to fulfill their
must reflect the moral and ethical standards established by the      obligations and/or violate company regulations is enforced
company.                                                             through a tiered sanction system, including:
                                                                     1. Sanctions for minor disciplinary violations:
Additionally, the integrity pact is renewed annually,                    a. Non-Sanction Guidance Letter (SPNS)
demonstrating BSI's ongoing commitment to ensuring that all              b. First Warning Letter (ST 1)
employees and management remain bound by the prevailing              2. Sanctions for moderate disciplinary violations:
values and regulations. This annual renewal also serves as a             a. Second Warning Letter (ST 2)
mechanism to evaluate compliance with the code of ethics,                b. First Official Reprimand (SP 1)
providing an opportunity for refinement and adjustments in               c. Second Official Reprimand (SP 2)
response to evolving circumstances or regulations.                       d. Third Official Reprimand (SP 3)
                                                                     3. Sanctions for severe disciplinary violations:
Through this initiative, BSI not only ensures that all employees         a. First and Final Official Reprimand (SPT)
and managers maintain a strong awareness of the importance of            b. Termination of Employment (PHK)
ethical conduct but also fosters a professional, responsible work
culture that prioritizes integrity. The enforcement of the code of
ethics through the integrity pact is expected to prevent potential



Number of Violations and Sanctions Imposed

                                                                                     Number Of Sanctions
 No.       Types of Sanctions            Sanctions Category
                                                                     2022                    2023                     2024
  1       SPNS                                                          8                        9                      30
                                               Light
  2       ST 1                                                         37                       54                      39
  3       ST 2                                                         17                       29                       4
  4       SP 1                                                        118                     159                      155
          SP 1 is equivalent to
  5                                                                    27                       70                      22
          SP 2
                                              Medium
          SP 1 is equivalent to
  6                                                                    11                       21                      18
          SP 2
  7       SP 2                                                          2                        0                       0
  8       SP 3                                                          0                        0                       0
  9       SPT                                                          20                       31                      39
                                               Heavy
 10       PHK                                                          68                     111                      119
 Total                                                                308                     484                      426




         PT Bank Syariah Indonesia Tbk
476 2024 Annual Report
Page 479
Long-Term Compensation Policy Based on Performance

The Bank provides long-term incentives (Long Term Incentive/           The granting of the LTI is done based on the approval and
LTI) as a variable form of remuneration in the form of shares issued   decisions of PT Bank Mandiri (Persero) Tbk as the Majority
by the Bank, amounting to a certain percentage of the variable         Series B Shareholder and the GMS Proxy, after consulting with
remuneration. Specifically for Independent Commissioners,              the Ministry of State-Owned Enterprises (BUMN) as the Series
the LTI in the form of shares is converted and given in cash in        A Dwiwarna Shareholder, as outlined in the results of the Annual
accordance with applicable regulations.                                GMS for the 2023 Financial Year.


The amount of LTI is granted based on performance, the role            An explanation regarding the realization of the LTI grant is
and responsibilities of the individual in managing the Bank, as        provided in the Governance section under Remuneration in the
well as the risk level of the position held. The LTI is granted in     Corporate Governance chapter of this Annual Report.
a deferred/blocked form for 3 (three) years and can be paid
annually on a proportional basis.




Whistleblowing System

The Whistleblowing System (WBS) or violation reporting system,             a. Written evidence, including documents, letters, notarial
is a reporting system that allows each party to be involved in                deeds.
efforts to prevent and early detect irregularities at the Bank.           b. Written statement of witness.
The Bank’s obligations in receiving and resolving reports of              c. Written statement of the perpetrator.
suspected irregularities are:                                             d. Evidence such as electronic documents and/or printouts,
1. Must receive reports of alleged irregularities from internal               CCTV, voice recordings, SMS, etc.
     or external parties and from reporters who include their             e. The evidence of alleged irregularities submitted by the
     identity or not.                                                         Whistleblower was not obtained by violating applicable
2. Must complete a report on suspected irregularities that                    laws and regulations.
     includes sufficient preliminary evidence.                         3. To facilitate communication, the Whistleblower can provide
3. Must provide information on the status of the process                  information regarding personal identity, namely:
     for completing reports of suspected irregularities in the            a. Name of the Whistlebloweer (anonymous is permitted).
     application for reporting irregularities or fraud.                   b. Telephone number or e-mail address that can be
                                                                              contacted.
Reporting Channels and Media for Violations
                                                                       The bank provides several channels for reporting irregularities,
Submission of reports of alleged irregularities by the                 namely:
Whistleblower must pay attention to the following matters:             1. Whatsapp/telephone/SMS: 08117851851
1. The whistleblower is required to provide initial information,       2. E-mail: e-wbsi@rsm.id
   namely:                                                             3. Website : https://whistleblowing.tips/wbs/@E-WBSI
   a.Form of deviation/problem reported;
   b. The parties involved;                                            Protection for Whistleblowers
   c. Location/Work Unit where irregularities occur;
   d. Estimated time of deviation;                                     BSI has a commitment to provide full support and protection
   e. Estimated value of loss (if any); and                            to every whistleblower, guaranteeing the confidentiality of
   f. Chronology of deviations.                                        the whistleblower’s identity as well as the implementation of
2. To speed up the audit process, the whistleblower must               investigations and disclosures of the reports submitted. The
   includes initial evidence of alleged irregularities, namely:        follow-up is carried out after the Bank verifies that the report is
                                                                       true and supported by adequate evidence.




                                                                                                      PT Bank Syariah Indonesia Tbk
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CORPORATE
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Complaint Handling

                                                                                                    WBS                      Head of WBS            Other Work Units
                                                                    Internal Bank*)
               Activity                        Reporter                                          Management                  Management               Authorized to
                                                                       PJP WBS
                                                                                                  Work Unit                   Work Unit             Follow Up on WBS



1. The reporter reports the
   alleged violation through the                                                                                          Approve the results
                                                                  Receive WBS reports           Review and decide
   Whistleblowing System (WBS)              Report suspected                                                               of the WBS report
                                                                from reporters, through        on the WBS analysis
   reporting facility.                     violations through                                                            analysis and proposed        Following up on
                                                                   pre-screening, and         results to be followed
2. Reports received are subject to         the WBS reporting                                                               follow-up actions           WBS reports
                                                                   confirmation of the              up or not.
   Pre-Screening and confirmed by the              tool                                                                    by the Authorized
                                                                   submitted reports.
   Internal Bank/PJP WBS.                                                                                                      Work Unit
3. Internal Bank/PJP WBS requests
   supporting evidence for the report
   until it is declared sufficient to be
   followed up.
4. Internal Bank/PJP WBS analyzes the
   WBS report and proposes follow-up                                Ensure sufficient          Submit a request for
                                                                 evidence for violation                                                                                    Other
   actions on the report.                                                                     approval of the results
                                                                   reports and remind                                   IVA dan/                                         Work Units
5. The WBS Management Work Unit                                                                of the WBS reporting                   HCBP          COG          IFG
                                                                 reporters to complete                                  atau RBC                                          related
   reviews, determines, and submits a                                                         analysis to the Head of
                                                                the lack of evidence for                                                                                  to WBS
   request for approval of the results                                                        the WBS Management
                                                                  reporting violations.                                                                                   Reports
   of the WBS reporting analysis to                                                               Work Unit to be
   the Head of the WBS Management                                                                forwarded to the
   Work Unit to be forwarded to the                                                           Authorized Work Unit
   Authorized Work Unit to follow up                                                                                    LD
                                                                                                to follow up on the
   on the WBS report.                                                                               WBS report.
6. The Head of the Work Unit in
                                                                                                                                                       Reporting the
   Charge of the WBS Function
                                                                   Conducting WBS                                                                       results of the
   approves the results of the WBS
                                                                  report analysis to                 LTD                                              follow-up to the
   report analysis and the proposed
                                                                determine whether the                                                                completion of the
   follow-up actions by the Authorized
                                                                WBS report is worthy/                                                                WBS report to the
   Work Unit.
                                                                unworthy of follow-up.                                                               WBS Management
7. The WBS analysis results report that
                                                                                                                                                          Work Unit
   has been approved by the Head of
   the WBS Management Work Unit is
   submitted to the authorized Work
   Unit.
                                                                                               Submit a request for
8. The WBS Management Work Unit
                                                                                              approval of the results
   monitors the follow-up to the
                                                                                               of the WBS reporting
   completion of the WBS report by
                                                                                              analysis to the Head of
   the Authorized Work Unit.
                                                                                              the WBS Management
9. After the report has been followed
                                                                                                  Work Unit to be
   up, the Authorized Work Unit
                                                                                                 forwarded to the
   reports the results of the follow-
                                                                                              Authorized Work Unit
   up to the completion of the WBS
                                                                                                to follow up on the
   report to the WBS Management
                                                                                                    WBS report.
   Work Unit.
10. The WBS Management Work Unit
   provides information to the WBS
   PJP regarding the status of violation
   reports submitted through media
   determined by the Bank.                                       Provide information           Provide information
11. PJP WBS provides information to                                 to the reporter           to PJP WBS regarding
                                            Report suspected
   the reporter regarding the status                             regarding the status         the status of violation
                                           violations through
   of the violation report submitted                            of the violation report         reports submitted
                                           the WBS reporting
   through the media determined by                              submitted through the             through media
                                                   tool
   the Bank.                                                     media determined by            determined by the
                                                                                                                        Information
                                                                       the Bank.                      Bank.
                                                                                                                        LTD           : Report Not Followed Up
                                                                                                                        LD            : Report Followed Up
                                                                                                                        Internal Bank : WPS Officer



Types of Reportable Offenses                                                                  b. Bank employees deliberately approving financing known
                                                                                                 to be fictitious.
The scope of irregularities reported in the Whistleblowing                                    c. Bank employees deliberately authorizing or overriding
System are:                                                                                      transactions or withdrawals known to be fictitious.
1. Misconduct categorized as fraud, including:                                             3. Specific misconduct, including:
    a. Fraud                                                                                  a. Actions that violate laws and regulations, such as the
    b. Asset misappropriation                                                                    use of narcotics/addictive substances/psychotropic
    c. Information leakage                                                                       drugs, alcohol, money laundering, and gambling.
    d. Banking crimes                                                                         b. Immoral/indecent behavior, such as sexual deviations,
    e. Violations of company regulations                                                         infidelity, sexual harassment, and others.
    f. Conflict of interest                                                                   c. Violations of the code of conduct (conflict of interest,
    g. Bribery and/or gratification                                                              abuse of position, insider behavior).
    h. Unethical behavior                                                                     d. Violations of social norms.
    i. Violations of Sharia compliance                                                        e. Misuse of company assets.
    j. Other actions equivalent to violations                                                 f. Other actions that may pose material or non-material
2. Negligence categorized as fraud, including:                                                   risks.
    a. Bank employees deliberately signing reports or
       documents known to be falsified.




       PT Bank Syariah Indonesia Tbk
478 2024 Annual Report
Page 481
Management of Violation Reports                                          Number of Complaints and Complaint Process

The Bank outsources the management of irregularity reports to            Complaints regarding the whistleblowing system as of December
PT RSM Indonesia. The Compliance Group is accountable to the             31, 2024 amounted to 60 complaints with the following
President Director or Director, and has direct communication             complaint composition:
and reporting links to the Board of Commissioners.

                                                                          No                Types of Complaints                Amount
Whistleblowing System Socialization
                                                                           1.     Financing                                       19

Socialization of the whistleblowing system and Anti Gratification          2.     Operational                                     11

media to all employees via employee desktop computers, the                 3.     Code of Conduct                                 30
Bank’s website, outreach on training activities, sharing sessions,
and Taujih Pekanan, as well as notifications to customers, Bank
partners and the public.



During 2024, an examination was carried out on complaints from the whistleblowing system received up to December 31, 2024, with
the following details



      Number of                                                                 Status
      Complaints           Already Followed Up            Under Follow Up                Not Followed Up Yet      Not Worth Following Up
          60                         20                              3                           3                           34


Sanctions/Follow-Up on Complaints In 2024

Based on 20 reports that have been followed up, 17 (seventeen) reports were found to involve violations/fraud, and sanctions have
been imposed in accordance with the Bank’s regulations.



Anti-Corruption Program                                                  1. Prevention – Ensuring fraud does not occur within the
                                                                            bank’s environment (Zero Tolerance for Fraud).
Programs and Procedures to Combat Corruption                             2. Detection – Identifying fraud incidents within the bank’s
Practices                                                                   operations.
                                                                         3. Action – Taking swift action against fraud perpetrators to
Anti-Bribery Management System                                              maintain a healthy business environment.
                                                                         4. Monitoring – Ensuring consistent follow-up and commitment
As a form of BSI Management’s commitment to eradicating                     to fraud incidents.
corruption, the Anti-Bribery Management System has been
implemented since the initial merger in 2021 and has been                The Bank’s Anti-Fraud Policy (KAF) serves as the foundation for
certified with ISO 37001:2016 SMAP (Anti-Bribery Management              implementing the four pillars of the fraud control system:
System) for the procurement scope within the Procurement and             1. Fraud Prevention
Fixed Asset Group at the Head Office. An Annual Surveillance             2. Fraud Detection
Audit has also been conducted regularly.                                 3. Fraud Investigation, Reporting, and Sanctions
                                                                         4. Fraud Monitoring, Evaluation, and Follow-Up
In 2024, BSI conducted ISO 37001:2016 SMAP recertification
for procurement within the Procurement and Fixed Asset Group             Active Management Oversight
and expanded the ISO 37001:2016 SMAP certification to cover              The Board of Commissioners, Sharia Supervisory Board, and
procurement within BSI Corporate University at the Head Office.          Board of Directors of Bank Syariah Indonesia hold the authority
                                                                         and responsibility to:
Anti-Fraud Strategy                                                      1. Foster an anti-fraud culture across all levels of the
                                                                             organization, including an Anti-Fraud Statement Declaration
BSI enforces an anti-fraud culture based on Prevention,                      and effective communication about fraud-related behaviors.
Detection, Action, and Monitoring principles.




                                                                                                         PT Bank Syariah Indonesia Tbk
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2. Sign an Integrity Pact across all organizational levels,           Technical Guidelines (PTO) on Gratification Control, which are
   including the Board of Directors, Sharia Supervisory Board,        continuously socialized within the bank’s organization.
   Board of Commissioners, and all bank employees, covering
   at least:                                                          By implementing Gratification Control, all employees are
   a. Compliance with laws and regulations.                           expected to:
   b. Acting objectively with strong ethical and moral values,        1. Promote Good Corporate Governance (GCG) values and
        ensuring fairness, transparency, consistency, honesty,           uphold integrity.
        and commitment.                                               2. Refuse to receive or give any gratification related to their
   c. Actively participating in fraud prevention and eradication         position that conflicts with their duties or responsibilities.
        efforts, and reporting any fraud incidents within the         3. Report any gratification received that is related to their
        bank.                                                            position and conflicts with their duties or responsibilities to
   d. Creating a corruption-, collusion-, and nepotism-free              the Gratification Control Unit under the Compliance Unit’s
        work environment (KKN-Free).                                     coordination.
3. Establishing and monitoring the implementation of an anti-
   fraud code of ethics at all organizational levels                  Procedures carried out in addressing corruption, kickbacks,
4. Ensuring comprehensive implementation and oversight of             bribery fraud and/or gratuities, including:
   the bank's anti-fraud strategy.                                    1. Gratification control is the responsibility of all levels within
5. Developing human resource quality, particularly regarding              the bank.
   fraud awareness and control.                                       2. All bank employees must avoid and reject gratification
6. Monitoring and evaluating fraud incidents and determining              that could be considered bribery (whether from external or
   follow-up actions.                                                     internal sources) if it is related to their position and conflicts
7. Developing effective internal and external communication               with their duties.
   channels so all bank officers and employees understand and         3. If gratification cannot be refused upon initial offer, the
   comply with applicable policies and procedures, including              recipient must return the gratification within 24 hours and
   fraud control policies.                                                report it to the Gratification Control Unit (Anti-Bribery
8. The Active Role of the Sharia Supervisory Board (DPS)                  Compliance & AML-CFT Group) with official proof of return,
   in enforcing and ensuring the implementation of Sharia                 such as a handover document signed by both the recipient
   compliance principles, including:                                      and giver, or proof of deposit/transfer if the gratification was
   a. Supervising the implementation of the Anti-Fraud Policy,            in the form of money.
        particularly regarding Sharia-related deviations.             4. Employees who refuse or receive gratification must report
   b. Ensuring the development of qualified human resources,              it to the Gratification Control Unit via email (antibribery@
        especially concerning fraud awareness and control.                bankbsi.co.id) or WhatsApp (08118 451 451) within 10
   c. Overseeing, evaluating, and reporting fraud incidents               working days of the refusal/receipt, with a copy sent to their
        and their follow-up actions, especially in cases related to       Unit Head.
        Sharia compliance violations.                                 5. The Gratification Control Unit will review reports and
                                                                          determine the type of gratification, issuing a Gratification
Gratification Policy                                                      Determination Letter within 30 working days after receiving
                                                                          a complete report and supporting documents.
According to the laws on eradicating corruption, specifically         6. Employees must educate potential givers or those with
Law No. 31 of 1999, amended by Law No. 20 of 2002,                        conflicts of interest in a professional and courteous manner
corruption is defined as the abuse of authority for personal              about the prohibition of receiving gratification classified as
gain or to benefit others unlawfully. Gratification is among the          bribery or other illegal forms of gratification.
prohibited actions that can lead to fraud and corruption. To          7. If an employee becomes aware of unreported gratification
prevent such occurrences, BSI has established the Operational             that may be considered bribery, they may report it through
                                                                          the whistleblowing system (WBS).




     PT Bank Syariah Indonesia Tbk
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GRATIFICATION REPORT IN 2024


 Gratification reports followed up by Anti Bribery BSI
 1   Number of Reports              31
 2   Total Amount                   IDR 17,411,760,-
 3   Handling                       1. Gratuities in the form of food are set to be distributed to orphanages/other social institutions.
     Recommendation                 2. Gratuities in the form of money have been returned by depositing funds into the gratuity giver's account.

 Gratification reports followed up by KPK
 1   Number of Reports              2
 2   Total Amount                   IDR 7,500,000,-
 3   Handling                       1. Based on the KPK Chairman's Decree on the object of Gratification, it is determined to be state property and
     Recommendation                    must be deposited into the State Treasury with the Gratification Money/Compensation Deposit Account Number.



Anti-Corruption Training/Socialization for Employees

The implementation of gratuity control socialization aims to enhance the Bank’s organizational understanding of Gratuity Control,
fostering an Anti-Fraud Awareness culture based on the Gratuity Control Operational Technical Guidelines (PTO). In 2024, the programs
that have been implemented include:
1. Risk Awareness and Anti-Fraud Campaign Program for all employees through online and offline socialization, e-mail blasts, desktop
    computers, posters, infographics, videos, social media, and onsite monitoring. The details of the program implementation include:
    a. Socialization of anti-gratuity content/posters in collaboration with the Corporate Secretary & Communication Group (CSG)
        through e-mail blasts, WhatsApp blasts, social media, and the company website, with the following details:

      No            Date                                                 Subject                                                         Media
      1     February 05, 2024           Infographic: "Do Not Be Afraid to Reject Gratuities"                           Email Blast
      2     March 20, 2024              Letter to RO I-X No. 04/0038-3/CPG: Appeal on the Prohibition of               Letter
                                        Gratuities During Ramadan & Eid al-Fitr
      3     March 20, 2024              Memo to All Groups No. 04/0371-3/CPG: Appeal on the Prohibition of             Memo
                                        Gratuities During Ramadan & Eid al-Fitr
      4     April 03, 2024              Poster: Prohibition of Giving Gratuities in Celebration of Eid al-Fitr 1445H   BSI's official website and social media,
                                                                                                                       namely Instagram, Facebook, and
                                                                                                                       Twitter
      5     June 12, 2024               Infographic: Prohibition of Giving Gratuities in Celebration of Eid al-Adha    Email Blast
      6     June 12, 2024               Poster: Prohibition of Giving Gratuities in Celebration of Eid al-Adha         BSI's official website and social media,
                                                                                                                       namely Instagram, Facebook, and
                                                                                                                       Twitter
      7     August 02, 2024             Reminder on the limit of gift-giving among employees at BSI to all Groups      Nota ke All Group
                                        at the Head Office through Official Note No. 04/124-2/DIR-CHC
      8     August 02, 2024             Reminder on the limit of gift-giving among employees at BSI to all             Letter to All Regions
                                        Employees at Branch Offices through Official Letter No. DIR04/1429-3/
                                        DIR-CAC
      9     August 06, 2024             Videographic: "Easy Steps for Gratuity Reporting"                              Blast Email BSI
      10    September         17,       Infographic - Awareness regarding the Celebration of the Birth of Prophet      Email Official Blast
            2024                        Muhammad (Maulid Nabi Muhammad SAW)
      11                                Appeal to External Parties - Infographic Awareness regarding the               BSI's official website and social media,
                                        Celebration of the Birth of Prophet Muhammad (Maulid Nabi Muhammad             namely Instagram, Facebook, and
                                        SAW)                                                                           Twitter
      12    October 25, 2024            Compliance & AML CFT Awareness regarding the Differences Between               Antibribery Bank BSI
                                        Gifts, Gratuities, Bribery, & Extortion
      13    October 28, 2024            Poster: The Spirit of Youth Pledge (Sumpah Pemuda) in Preventing               Email Official Blast
                                        Gratuities and Fraud
      14    December 17, 2024           Awareness - Prohibition of Receiving Gratuities related to Christmas           Note to All Group
                                        and New Year to all Groups at the Head Office through Official Note No.
                                        04/0207-2/DIR-CAC
      15    December 17, 2024           Awareness - Prohibition of Receiving Gratuities related to Christmas and       Letter to All Regions
                                        New Year to all Employees at Branch Offices through Official Letter No.
                                        4/02267-3/DIR-CAC




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      No           Date                                          Subject                                                      Media
      16    December 19, 2024    Internal Infographic - Prohibition of Receiving Gratuities related to      Email Official Blast
                                 Christmas and New Year
                                                                                                            Antibribery Bank BSI
      17    December 23, 2024    Appeal to External Parties - Infographic Awareness on the Prohibition of   BSI website and BSI official social
                                 Giving Gifts related to Christmas and New Year through the Website &       media, namely Instagram, Facebook,
                                 Social Media (Instagram)                                                   and Twitter

b. Socialization of Anti Gratification (Laa Risywah) to internal and external parties with details as follows:


    Socialization of Gratification Control offline and online:

            Target of socialization                     Date                                      Socialization Participants
     INTERNAL PARTIES                         1     February 20, 2024      Region VII Semarang
     (Organic   and Non-Organic        BSI
     Employees)                               2     March 04, 2024         Region IX Kalimantan
                                              3     March 07, 2024         Distribution & Strategy Group (DSG)
                                              4     March 27, 2024         DBO Group
                                              5     March 28, 2024         ASP Group
                                              6     May 14, 2024           Region VI bandung
                                              7     June 19, 2024          HCS Group
                                              8                            HCP Group
                                              9                            HCBP 1
                                             10                            HCBP 2
                                             11     June 24, 2024          BSU, HCP, HCS, SORH 1, PFA, CAC
                                             12     July 01, 2024          Region III Palembang
     EXTERNAL PARTIES                         1     May 14, 2024           Partners of Notary, Insurance, Guarantee, KAP, KJPP, Auction House and
     (Partners, Vendors, Business Partners                                 Law Firm under the coordination of RO VI Bandung
     and other Third Parties)
                                              2     July 01, 2024          Partners of Notary, Insurance, Guarantee, KAP, KJPP, Auction House and
                                                                           Law Firm under the coordination of RO III Palembang
                                              3     October 10, 2024       BSI Maslahat


2. Visits to work units in the context of monitoring the implementation of gratification control in work units with the following details:

      No.             Date                                          Work unit                                                 Region
       1     January 19, 2024          Area Saharjo                                                         RO V Jakarta 2
       2                               Branch Saharjo
       3                               Sub-Branch Tebet Barat
       4     February 19, 2024         Sub-Branch Semarang Pandanaran                                       RO VII Semarang
       5     February 20, 2024         Sub-Branch Semarang MT Haryono
       6                               Branch Semarang Pandanaran
       7                               Branch Semarang A Yani
       8                               Sub-Branch Tentara Pelajar
       9     February 21, 2024         Sub-Branch Semarang Sudiarto
       10                              Sub-Branch Semarang Majapahit
       11                              Sub-Branch Ungaran Diponegoro 1
       12                              Sub-Branch Tangerang Ciledug 1                                       RO IV Jakarta 1
       13                              Sub-Branch Kalideres
       14                              Sub-Branch Kedoya
       15    March 04, 2024            Sub-Branch Banjarmasin A. Yani                                       RO IX Kalimantan
       16                              Branch Banjarmasin Lambung Mangkurat
       17    March 05, 2024            Branch Banjarmasin Banjar Baru
       18                              Branch Martapura
       19                              Sub-Branch Martapura Pasar Intan




     PT Bank Syariah Indonesia Tbk
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      No.              Date                                       Work unit                                            Region
       20                               Sub-Branch Banjarbaru A. Yani
       21    March 06, 2024             Area Consumer Financing (ACF) Banjarmasin
       22                               Sub-Branch Kayu Tangi
       23    March 25, 2024             Sub-Branch Jakarta PUPR                                       RO V Jakarta 2
       24                               Sub-Branch Kementrian Kehutanan (Kementan)
       25                               Sub-Branch ASABRI
       26    May 13, 2024               Sub-Branch Buah Batu 2                                        RO VI Bandung
       27                               Sub-Branch Rancaekek
       28                               Sub-Branch Astana Ayar
       29                               Sub-Branch Ujung Berung 1
       30    May 15, 2024               Branch Suniaraja
       31                               Sub-Branch Bandung Setiabudi
       32                               KCP Lembang
       33                               KCP Bandung UPI
       34    July 01, 2024              KCP Palembang A. Rivai                                        RO III Palembang
       35                               Sub-Branch Palembang Veteran
       36    July 02, 2024              Sub-Branch OPI Jakabaring

       37                               Sub-Branch Palembang Sudirman
       38                               Sub-Branch Palembang Pasar Ilir
       39                               Sub-Branch Palembang Demang
       40                               Sub-Branch Palembang Indralaya
       41                               Sub-Branch Palembang Jakabaring
       42                               KC Palembang Sudirman
       43    July 03, 2024              Sub-Branch Palembang Patal
       44                               Sub-Branch Palembang Kenten




Conflict of Interest Management                                              the administration of the annual disclosure process is
                                                                             managed by the Human Capital unit, and this disclosure
Throughout 2024, there were no conflicts of interest involving               has been integrated into the Bank’s personnel system
BSI management that resulted in losses for the Bank. The Bank                application.
has taken several measures to prevent conflicts of interest,              3. E-mail Blast
including:
1. e-Poster
    The Bank created electronic posters (e-posters) that were             Insider Trading
    disseminated to all employees as a preventive measure
    against conflicts of interest.                                        BSI, as a publicly listed Bank, complies with all applicable laws
2. Integrity Pact                                                         and regulations in the capital market sector. The Bank upholds
    A conflict of interest occurs when there is a clash of interests      compliance with capital market regulations by adhering to key
    where an individual exploits their position and authority             principles, ensuring that all obligations are met in accordance
    (either intentionally or unintentionally) within the company          with prevailing laws, and establishing a dedicated unit within
    for personal, family, or group benefits, preventing them              the Corporate Secretary’s office responsible for overseeing
    from performing their duties objectively and potentially              compliance with capital market regulations through clearly
    harming the company. To prevent conflicts of interest among           defined duties and responsibilities. Insiders are required to
    employees, all levels of management and Bank employees                uphold the Company/Bank’s Code of Ethics, which includes:
    are required to complete an annual disclosure statement               1. Ensuring that personal interests do not conflict with the
    regarding any conflicts of interest that arise while carrying             interests of the Company/Bank.
    out their duties and responsibilities. This annually declared         2. Not abusing their position and authority for personal or
    pact is closely linked to employee documentation. Currently,              family gain.




                                                                                                        PT Bank Syariah Indonesia Tbk
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3. Avoiding any disgraceful actions that could damage their             2. Influencing others to buy or sell Company/Bank securities or
   professional reputation or the overall image of the Company/            providing insider information to any party who is likely to use
   Bank.                                                                   it for purchasing or selling Company/Bank securities.
                                                                        3. Engaging in conflicts of interest.
The prohibition on insider transactions includes the following:         4. Abusing their position/authority.
1. Buying or selling Company/Bank securities or securities              5. Engaging in market manipulation.
   of other companies engaged in transactions with the                  6. Conducting Short Selling or Margin Trading activities.
   Company/Bank before the insider information has been
   publicly disclosed or made available to the public.                  Throughout 2024, no insider trading incidents were recorded.




Provision of Funds to Related Parties and Large Fund Provision

The provision of funds to related parties is regulated under OJK        (BUMD), Local Governments, and financing policies in Foreign
Regulation No. 26/POJK.03/2021 on the Maximum Limit of                  Currency. In implementing this policy, BSI always refers to the
Fund Distribution (BMPD) and Large Fund Distribution for Sharia         applicable banking regulations, ensuring that each financing
Commercial Banks (BUS). According to this regulation, large fund        provided is in accordance with the standards set by the relevant
distribution refers to the provision of funds to individuals or         authorities.
groups outside of related parties, amounting to 10% or more of
the bank's core capital. Overall, the distribution of large funds to    In providing financing, BSI follows procedures similar to general
related parties is limited to a maximum of 10% of the bank’s core       financing, considering a reasonable profit for the bank. As part
capital. Meanwhile, the distribution of funds to parties other          of risk management, the provision of large exposure to a single
than related parties is limited to a maximum of 25% of the bank's       borrower or group of borrowers, reaching 10% or more of the
core capital (Tier 1). This BMPD regulation for BUS came into           bank's core capital, must be conducted with great caution.
effect on January 1, 2022.                                              The financing process is closely monitored by the Financing
                                                                        Committee, which consists of competent members, including
BSI has the 2024 Financing Policy of Bank Syariah Indonesia,            the President Director, who plays a key role in decision-making
which regulates various policies related to the provision of            related to large financing. If the President Director is unavailable,
financing, both to Related Parties, Non-Related Parties, State-         the Vice President Director can substitute their position in the
Owned Enterprises (BUMN), Regional-Owned Enterprises                    decision-making process.


In 2024, there were no violations of the Maximum Limit of Fund Distribution (BMPD), neither BMPD violations nor exceeding the
BMPD limits.


Table of Provision of Funds to Related Parties and Large Debtors
                                                                 2024                                            2023

  No               Fund Provider                                           Nominal                                          Nominal
                                             Number of Account                               Number of Account
                                                                        (in millions of                                  (in millions of
                                                  (NoA)                                           (NoA)
                                                                            Rupiah)                                          Rupiah)
   1     To Related Parties                             1.112              1.430.221                      781               1.216.755

   2     To 25 Core Debtors
         a.Individual                                      25             35.204.051                       25              33.353.263
         b.Group                                           25             49.455.058                       25              46.735.610
 Total Core Debtors                                        50             84.659.109                       50              80.088.873




       PT Bank Syariah Indonesia Tbk
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Transparency of Financial and Non-Financial Conditions of BUS

BSI has submitted the Good Corporate Governance Implementation Report to Shareholders, the Financial Services Authority (OJK),
and other relevant institutions in accordance with regulatory requirements. Additionally, the Bank has fulfilled its obligation to publish
reports to stakeholders based on applicable accounting standards and in compliance with Bank Indonesia regulations.



List of Consultants, Advisors, or Equivalent Entities Engaged by BUS

                             Consultant Name                                                      Scope of Work
 Assegaf Hamzah & Partners                                                                         Legal Consultant
 Hadiputranto Hadinoto & Partners (HHP Law Firm)                                                   Legal Consultant
 Hotman Paris & Partners                                                                           Legal Consultant
 Karimsyah                                                                                         Legal Consultant
 Dewan Syam & Partners Law Firm                                                                    Legal Consultant
 James Purba & Partners                                                                            Legal Consultant
 SSF Law Firm and Partners                                                                         Legal Consultant
 Suhendra & Partners                                                                               Legal Consultant



Number of Internal Frauds that Occurred and Efforts to Resolve Them

                                                        Number of Cases Done by
                            Board of Commissioners/        Permanent employee          Non-Permanent Employees
                                   Directors
    Internal Fraud                                                                                                         Description
                           Previous Year   Current     Previous Year      Current      Previous Year        Current
                              (2023)        Year          (2023)           Year           (2023)             Year
                                           (2024)                         (2024)                            (2024)
 Total Fraud                     -             -             11              24               1                4                 -
 Resolved                        -             -             11              24               1                4                 -
 In the process of               -             -              -               -               -                 -                -
 resolution within the
 bank
 Resolution has not              -             -              -               -               -                 -                -
 been attempted

 Followed up through             -             -              2               8               1                2
 legal process



Buy Back Shares and/or Buy Back Obligasi

According to Bank Indonesia Circular Letter (SEBI) No. 12/13/DPbs dated April 30, 2010, regarding the Implementation of Good
Corporate Governance for Sharia Commercial Banks and Sharia Business Units, Buy Back Share and Buy Back Obligation refer to efforts
to reduce the number of issued shares or bonds by repurchasing them, with the payment procedures carried out under applicable
regulations. Throughout 2024, BSI did not conduct any share and/or bond repurchase transactions (Buy Back Shares and/or Buy Back
Obligations).


Distribution of Funds for Social Activities, Both Amount and Recipients of Funds

As part of BSI's commitment to supporting the achievement of the Sustainable Development Goals (SDGs), BSI implements a Social
and Environmental Responsibility (CSR) program, primarily aimed at creating a positive impact on BSI’s operational environment, the
communities it serves, and its stakeholders. As a Sharia-compliant entity, BSI consistently upholds the principles of Maqashid Shariah in
the formulation and implementation of its CSR program.




                                                                                                        PT Bank Syariah Indonesia Tbk
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        Source of Funds                Zakat          Infaq            Social           UPZBSI               Waqf               Total
 Education                         2,076,590,959   10,810,047,742     296,700,000     56,750,027,762         171,560,934    70,104,927,397
 Health                              531,534,100    2,162,541,603    1,032,500,000     4,313,131,568                   -     8,039,707,271
 Humanity                          3,521,136,525   43,282,311,591   26,377,286,485    30,375,046,430         340,200,000   103,895,981,031

 Ekonomi                           6,292,534,030    3,429,015,940     145,000,000     58,873,700,861         121,461,177    68,861,712,008
 Advocacy Preaching                  144,098,000    8,157,368,525    5,503,136,000     3,529,745,806                   -    17,334,348,331
 Amil                              2,548,779,205   12,635,391,696    2,413,393,192    19,739,098,598                   -    37,336,662,691
 Total                            15,114,672,819   80,476,677,097   35,768,015,677   173,580,751,025         633,222,111   305,573,338,730



Non-Halal Income and its Use

                                                                                                                             In Million Rupiah


 Source
 Infaq and Shadaqah                                                                                84,691
 Fines                                                                                             21.972
 Non-Halal Income                                                                                   1.240
 Others                                                                                             4.094
                                                                                                  111.997

 Use of Charity Fund
 Donations                                                                                       (117,028)
 (Decrease)/Increase of Charity Fund                                                               (5,031)
 Beginning Balance of Charity Fund                                                                  9,907
 Ending Balance of Charity Fund                                                                     4,876




Implementation of Integrated
Governance

BSI, as a subsidiary of Mandiri Group, actively participates in         Objectives of Establishing Integrated Governance:
the Integrated Governance Committee (TKT) established by the            1. Achieving a shared understanding between all subsidiaries
Parent Entity (Bank Mandiri), with membership determined in                and Bank Mandiri regarding the improvement of good
accordance with the provisions of the Board of Directors Decree            governance quality within the Financial Conglomerate.
of PT Bank Mandiri (Persero) Tbk No. KEP. DIR/136/2015                  2. Building strong synergy and business alliances between all
concerning Changes in Membership of Committees Under the                   subsidiaries and Bank Mandiri to create sustainable added
Board of Commissioners of PT Bank Mandiri (Persero) Tbk.                   value for the Financial Conglomerat.
The number and composition of Independent Commissioners
serving as members of the Integrated Governance Committee               Relationship Between the Parent Entity and Subsidiaries Through
are represented from several subsidiaries as needed and                 Discussion Forums:
in accordance with applicable regulations. Bank Syariah                 1. Integrated Risk Committee (IRC)
Indonesia, as a subsidiary, has followed the directives based on            The IRC is an Executive Committee responsible for
recommendations from the Integrated Governance meetings.                    formulating, among other things, Integrated Risk
                                                                            Management policies and improving or refining Integrated
Duties and Responsibilities of the TKT Committee:                           Risk Management policies based on evaluation results.
1. Evaluating internal implementation and the execution of                  a. Duties, Authority, and Responsibilities of the IRC:
    compliance functions in an integrated manner.                               - The adequacy of processes for identifying,
2. Providing recommendations to the Board of Commissioners                          measuring, monitoring, and controlling risks in an
    of the Parent Entity (TKT).                                                     integrated manner, as well as the Integrated Risk
                                                                                    Management information system.


         PT Bank Syariah Indonesia Tbk
486 2024 Annual Report
Page 489
       - A comprehensive internal control system for the implementation of Integrated Risk Management.
       - The implementation of Risk Management within each subsidiary.
   b. IRC meetings are held at least three (3) times a year or whenever deemed necessary at the request of one or more committee
       members with voting rights (Voting Member), at the request of the Board of Directors, or based on a written proposal from
       relevant work units by submitting the discussion materials and coordinating with the Committee Secretary.
2. As a subsidiary, Bank Syariah Indonesia (BSI) regularly involves its Board of Directors in various board forums organized by the
   Parent Entity (Bank Mandiri), whether conducted on a quarterly or semi-annual basis.


Integrated Governance Assessment Results

The aspects and results of the BSI Integrated Governance assessment in 2024 are presented in the following table:

      No                                 Aspect                               Semester I/2024                         Semester II/2024
       1          Board of Directors                                                 1.56                                     1.22
       2          Board of Commissioners                                             1.60                                     1.30
       3          Sharia Supervisory Board                                           1.67                                     1.50
       4          Integrated Governance Committee                                    1.00                                     1.00
       5          SKK (T)                                                            1.25                                     1.25
       6          SKAI (T)                                                           1.00                                     1.00
       7          PMR (T)                                                            1.40                                     1.40
       8          TK (T) Guidelines                                                  1.33                                     1.33
       9          Conflict of Interest                                               1.00                                     1.00
      10          Remuneration Policy                                                1.00                                     1.00
                                                      Final Score                    1.28                                     1.20




                                                               Semester I of 2024
 Ranking           Definition of Ranking:
                   The Financial Conglomerate has been assessed to have implemented Integrated Governance in a generally excellent manner.
                   This is reflected in an adequate fulfillment of the principles of Integrated Governance. If there are any weaknesses in the
       1
                   implementation of Integrated Governance, they are generally insignificant and can be promptly addressed by the Parent Entity
                   and/or Financial Service Institutions (LJK).
 Governance Structure :

 Strengths :
 a. The number and composition of the Board of Directors, Board of Commissioners, and Sharia Supervisory Board comply with the requirements
    stipulated in the applicable laws and regulations.
 b. The number and qualifications of all governance organs and supporting infrastructure for Corporate Governance implementation are in
    accordance with the applicable laws and regulations and are sufficient to support good Corporate Governance practices.

 Weaknesses :
 Regarding the Company’s General Meeting of Shareholders (GMS) held on May 17, 2024, some newly appointed executives have not yet passed the
 fit and proper test or received approval from the Financial Services Authority (OJK), namely :
 a. Three members of the Board of Commissioners and two members of the Board of Directors. The review and fulfillment of the required documents
     for the OJK fit and proper test are currently in progress.
 b. Two members of the Sharia Supervisory Board. The review and fulfillment of the required documents for OJK approval are currently in progress.

 Governance Process :

 Strengths :
 Similar to the governance structure aspect, nearly all evaluation criteria for governance processes are positive factors in the implementation of
 corporate governance, including :
 a. The execution of duties and responsibilities by the Board of Directors, Board of Commissioners, and Sharia Supervisory Board has been carried
    out in accordance with established Work Guidelines, adhering to good corporate governance principles. Meetings of the Board of Directors,
    Board of Commissioners, Sharia Supervisory Board, and Joint Meetings are well-documented and serve as materials for evaluation, improvement,
    and strengthening corporate governance implementation to support the Company’s objectives.
 b. All governance organs and supporting infrastructure function effectively in overseeing the implementation of good corporate governance.




                                                                                                               PT Bank Syariah Indonesia Tbk
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 Weaknesses :
 Efforts to improve operational risk management are ongoing, including the development of a Fraud Detection System (FDS) to minimize fraud
 incidents. However, the implementation of the FDS still requires further progress to achieve the expected results.

 Governance Outcome :

 Strengths :
 a. The Integrated Compliance Report has been submitted to the parent company on time.
 b. The Bank’s Governance Report, Annual Report, and Bank Soundness Level Report have been submitted to the regulator on time.
 c. The recommendations from the Sharia Supervisory Board’s oversight have been conveyed to the Company’s Board of Directors, covering the
    supervision of both Corporate Governance principles and Sharia principles.
 d. The Internal Audit Unit has prepared and submitted reports on the execution of its duties and responsibilities to the authorized officials in a
    complete, routine, and timely manner, with proper documentation.

 Weaknesses:
 There are still regulatory fines that need to be addressed.




                                                                 Semester II of 2024
 Ranking            Definition of Ranking:
                    The Financial Conglomerate has been assessed to have implemented Integrated Governance in a generally excellent manner.
                    This is reflected in an adequate fulfillment of the principles of Integrated Governance. If there are any weaknesses in the
       1
                    implementation of Integrated Governance, they are generally insignificant and can be promptly addressed by the Parent Entity
                    and/or Financial Service Institutions (LJK).
 Governance Structure :

 Strengths :
 a. The number and composition of the Board of Directors, Board of Commissioners, and Sharia Supervisory Board comply with the requirements
    stipulated in the applicable laws and regulations.
 b. The number and qualifications of all governance organs and supporting infrastructure for Corporate Governance implementation are in accordance
    with the applicable laws and regulations and are sufficient to support good Corporate Governance practices.

 Weaknesses :
 Regarding the Company’s General Meeting of Shareholders (GMS) held on May 17, 2024, there was one executive who had not yet received approval
 from the Financial Services Authority (OJK): Dr. KH. Abdul Ghofur Maimoen, MA (Sharia Supervisory Board Member).

 Note: Approval has now been granted by OJK as per OJK Letter Number SR-13/PB.02/2025 dated January 9, 2025.

 Governance Process :

 Strengths :
 Similar to the governance structure aspect, nearly all evaluation criteria for governance processes are positive factors in the implementation of
 corporate governance, including :
 a. The execution of duties and responsibilities by the Board of Directors, Board of Commissioners, and Sharia Supervisory Board has been carried
    out in accordance with established Work Guidelines, adhering to good corporate governance principles. Meetings of the Board of Directors, Board
    of Commissioners, Sharia Supervisory Board, and Joint Meetings are well-documented and serve as materials for evaluation, improvement, and
    strengthening corporate governance implementation to support the Company’s objectives.
 b. All governance organs and supporting infrastructure function effectively in overseeing the implementation of good corporate governance.

 Weaknesses :
 Risk management implementation still needs improvement, as there were repeated incidents of fraud and system failures during the assessment
 period.

 Governance Outcome :

 Strengths :
 a. The Integrated Compliance Report has been submitted to the parent company on time.
 b. The Bank’s Governance Report, Annual Report, and Bank Soundness Level Report have been submitted to the regulator on time.
 c. The recommendations from the Sharia Supervisory Board’s oversight have been conveyed to the Company’s Board of Directors, covering the
    supervision of both Corporate Governance principles and Sharia principles.
 d. The Internal Audit Unit has prepared and submitted reports on the execution of its duties and responsibilities to the authorized officials in a
    complete, routine, and timely manner, with proper documentation.

 Weaknesses:
 There are still regulatory fines that need to be addressed.




     PT Bank Syariah Indonesia Tbk
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Page 491
Implementation of the Guidelines for
Public Company Governance

      Principle                     Recommendation                                         Implementation at Bank BSI
Aspect 1: Relationship between Public Companies and Shareholders in Guaranteeing Shareholder Rights.
Principle 1 :           1.1                                          In the Annual General Meeting of Shareholders (AGMS) and Extraordinary
Increasing the          Public Companies have technical methods      GMS, Bank Syariah Indonesia (BSI) has implemented the voting process both
Value of Holding        or procedures for collecting votes, both     openly and closely as stated in the GMS Rules of Procedure, both for those
General Meetings of     openly and secretly, which prioritize        who are physically present through the system provided by the Company's
Shareholders (GMS).     independence.                                Securities Administration Bureau and those who are present electronically
                                                                     through the Electronic General Meeting System (eASY.KSEI) facility provided
                                                                     by KSEI. At the Annual GMS held in 2024, the voting mechanism is carried
                                                                     out by shareholders or their proxies who abstain and those who disagree will
                                                                     be asked to raise their hands and submit their voting cards, those who do not
                                                                     raise their hands can be considered to agree to the proposal being discussed.
                                                                     Voting is also carried out electronically (e-voting) for shareholders who are
                                                                     not physically present or who provide their power of attorney electronically
                                                                     (e-proxy) through the Electronic General Meeting System (eASY.KSEI)
                                                                     facility provided by KSEI. The counting of the voting results is carried out
                                                                     by an independent party, namely the Securities Administration Bureau of PT
                                                                     Datindo Entrycom. Thus, the independence and interests of shareholders
                                                                     can be maintained in the voting process. The Company has created the GMS
                                                                     Rules of Procedure which can be downloaded on the Company's website at
                                                                     the time of the GMS Invitation , the rules of procedure are also available to
                                                                     Shareholders which can be downloaded during the GMS via the QR code
                                                                     provided and the main points of the GMS rules of procedure are also read out
                                                                     before the GMS begins.

                                                                     Description: Fulfilled (Comply)
                        1.2                                          At the Annual GMS held in 2024 all members of the Board of Directors and
                        All members of the Board of Directors and    members of the Board of Commissioners of BSI were present.
                        members of the Board of Commissioners of
                        the Public Company attended the AGMS.        Description: Fulfilled (Comply)
                        1.3                                          Summary of Minutes of the GMS held in 2024, both in Indonesian and English,
                        A summary of the minutes of the GMS is       has been announced 2 (two) working days after the GMS and has been
                        available on the Public Company Website      uploaded to the BSI Website, BEI Website, and eASY KSEI (KSEI Website).
                        for at least 1 (one) year.
                                                                     Description: Fulfilled (Comply)
Principle 2:            2.1                                          Bank BSI has a communication policy with shareholders or investors as
Improving the Quality   Public Companies have a communication        regulated in the Standard Operating Procedure (SOP) Corporate Secretary
of Public Company       policy with shareholders or investors.       & Communication in Chapter V. Communications carried out by Bank BSI
Communication                                                        include through the implementation of GMS, Public Expose, Analyst Meeting,
with Shareholders or                                                 Financial Reports, and Annual Reports, as well as providing accurate and
Investors.                                                           timely information disclosure. In addition, Bank BSI also provides information
                                                                     that can be accessed via the Bank BSI website. The website also contains
                                                                     information on the addresses of Bank BSI's head office and branch offices,
                                                                     e-mail addresses, social media access, and contact centers as a means for
                                                                     shareholders and investors to communicate with the Bank easily.

                                                                     Description: Fulfilled (Comply)
                        2.2                                          Bank BSI always manages information on the website so that the Company's
                        Public Companies disclose the Public         shareholders or investors can obtain the latest information related to BSI.
                        Company's communication policy with
                        shareholders or investors on the Website.    Description: Fulfilled (Comply)




                                                                                                             PT Bank Syariah Indonesia Tbk
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GOVERNANCE




       Principle                      Recommendation                                            Implementation at Bank BSI
 Aspect 2: Functions and Roles of the Board of Commissioners
 Principle 3:             3.1                                            Bank BSI has complied with the provisions of Article 20 POJK No. 33/
 Strengthening            Determination the number of members            POJK.04/2014 concerning the Board of Directors and Board of Commissioners
 the Membership           of the Board of Commissioners takes            of Issuers or Public Companies, namely the number of members of the Board
 and Composition          into account the conditions of the Public      of Commissioners is more than 2 (two) people.
 of the Board of          Company.
 Commissioners.                                                          As of December 31, 2023, the Board of Commissioners of BSI consisted of
                                                                         nine (9) members, comprising four (4) Independent Commissioners and four
                                                                         (4) Non-Independent Commissioners. The number of Board of Commissioners
                                                                         members did not exceed the number of Board of Directors members.

                                                                         Description: Fulfilled (Comply)
                          3.2                                            Bank BSI’s Board of Commissioners has a diversity of expertise, knowledge,
                          Determining the composition of the             and experience aimed at supporting Bank BSI's business development.
                          members of the Board of Commissioners          This can be seen from the profile of each Board of Commissioners on the
                          which into diversity of skills, knowledge      Company's website.
                          and experience required.
                                                                         Description: Fulfilled (Comply)
 Principle 4:             4.1                                            The Board of Commissioners has a self-assessment policy that is regulated in
 Improving the quality    The Board of Commissioners has                 the Board of Commissioners' Rules of Procedure.
 of the Board of          a self-assessment policy to assess
 Commissioners duty       the performance of the Board of                Description: Fulfilled (Comply)
 implementations and      Commissioners.
 responsibilities.
                          4.2                                            The self-assessment policy to assess the performance of the Board of
                          The self-assessment policy for assessing       Commissioners has been disclosed in this Annual Report.
                          the performance of the Board of
                          Commissioners is disclosed in the Annual       Description: Fulfilled (Comply)
                          Report of the Public Company.
                          4.3                                            The Board of Commissioners has a policy regarding the resignation of
                          The Board of Commissioners has a policy        members of the Board of Commissioners if they are involved in financial
                          regarding the resignation of members of        crimes as regulated in the Bank BSI’s Corporate Governance Standard
                          the Board of Commissioners if they are         Operating Procedure (SOP).
                          involved in financial crimes.
                                                                         Description: Fulfilled (Comply)
                          4.4                                            The succession policy has been regulated in the Guidelines and Work
                          The Board of Commissioners or                  Procedures of the Bank BSI’s Remuneration & Nomination Committee.
                          the Committee that carries out the
                          Remuneration and Nomination function           Description: Fulfilled (Comply)
                          prepares a succession policy in the
                          nomination process for members of the
                          Board of Directors.
 Aspect 3: Functions and Roles of the Board of Directors
 Principle 5:             5.1                                            BSI has complied with the provisions of Article 20 of POJK No. 33/POJK.04/2014
 Strengthening the        Determination of the number of members         concerning the Board of Directors and Board of Commissioners of Issuers or
 Membership and           of the Board of Directors takes into account   Public Companies, which require that the Board of Directors of an Issuer or Public
 Composition of the       the conditions of the Public Company and       Company consist of at least two (2) members. As of December 31, 2023, BSI’s
 Board of Directors.      the effectiveness of decision making.          Board of Directors comprised ten (10) members, with its composition determined
                                                                         based on the complexity and needs of the company.

                                                                         Description: Fulfilled (Comply)
                          5.2                                            Bank BSI's Board of Directors has a diverse background of expertise,
                          Determining the composition of the Board       knowledge and experience. This can be seen from the profile of each Director
                          of Directors members takes into account        on the Company's website. The diversity and number of Directors are needed
                          the diversity of skills, knowledge and         to provide the best alternative problem solving for the Bank, according to the
                          experience required.                           needs, size and complexity of the Bank's business.

                                                                         Description: Fulfilled (Comply)
                          5.3                                            The Director overseeing the accounting or finance sector at BSI is the
                          Members of the Board of Directors who          Director of Finance & Strategy, Mr. Ade Cahyo Nugroho. With his educational
                          oversee the accounting or finance sector       background, experience, and expertise in finance, his qualifications can be
                          have expertise and/or knowledge in the         reviewed in detail in his profile on the Company's website.
                          accounting sector.
                                                                         Description: Fulfilled (Comply)




      PT Bank Syariah Indonesia Tbk
490 2024 Annual Report
Page 493
      Principle                        Recommendation                                           Implementation at Bank BSI
Principle 6:              6.1                                            The Board of Directors has a self-assessment policy. The Board of Directors'
Improving the             The Board of Directors has a self-assessment   performance assessment is carried out through a self-assessment mechanism
Implementation            policy to assess the performance of the        to assess the implementation of the Board of Directors' performance as
Quality of the Board of   Board of Directors                             stipulated in the BSI Corporate Governance Standard Operating Procedure
Directors' Duties and                                                    (SOP).
Responsibilities.
                                                                         Description: Fulfilled (Comply)
                          6.2                                            The self-assessment policy to assess the performance of the Board of
                          The self-assessment policy for assessing the   Directors has been disclosed in this Annual Report.
                          performance of the Board of Directors is
                          disclosed in the annual report of the Public   Description: Fulfilled (Comply)
                          Company.
                          6.3                                            The Board of Directors has a policy regarding the resignation of members
                          The Board of Directors has a policy            of the Board of Directors if involved in financial crimes as regulated in the
                          regarding the resignation of members of        Standard Operating Procedure (SOP) for Bank BSI’s Corporate Governance.
                          the Board of Directors if they are involved
                          in financial crimes.                           Description: Fulfilled (Comply)
Aspect 4: Stakeholders Participation
Principle 7:              7.1                                            To prevent insider trading, Bank BSI has a policy that regulates this
Improving company         Public Companies have policies to prevent      in the Standard Operating Procedure (SOP) of Corporate Secretary &
governance aspects        insider trading.                               Communication.
through Stakeholder
Participation.                                                           Description: Fulfilled (Comply)
                          7.2                                            Bank BSI already has an anti-fraud policy. Bank BSI's anti-fraud policy is the
                          Public Companies have anti-corruption and      main foundation for implementing an anti-fraud strategy through 4 (four)
                          anti-fraud policies.                           pillars of the fraud control system, namely:
                                                                         1. Fraud Prevention;
                                                                         2. Fraud Detection;
                                                                         3. Fraud Investigation, Reporting and Imposition of Sanctions; and
                                                                         4. Fraud Monitoring, Evaluation and Follow-up. BSI's Anti-Fraud Policy can be
                                                                             accessed on the BSI website.

                                                                         BSI also has Technical Operational Instructions (PTO) for Gratification Control.

                                                                         Description: Fulfilled (Comply)
                          7.3                                            Bank BSI has a Procurement Policy for Goods and Services, namely SPO
                          Public Companies have a policy on the          Procurement and PTO Procurement for procurement of goods and services.
                          selection and improvement of supplier or
                          vendor capabilities.                           Description: Fulfilled (Comply)
                          7.4                                            BSI has a policy regarding the fulfillment of creditors' rights, which serves
                          Public Companies have a policy regarding       as a guideline in extending loans to creditors. The policy on the fulfillment
                          the fulfillment of creditors' rights           of creditors' rights is regulated in BSI’s Policies, Standard Procedures, and
                                                                         Product Manual.

                                                                         Description: Fulfilled (Comply)
                          7.5                                            Bank BSI has a whistleblowing system policy that refers to the BSI Corporate
                          Public Companies have a whistleblowing         Governance Policy & Internal Audit SOP and has been uploaded to the BSI
                          system policy                                  website (www.bankbsi.co.id)

                                                                         Description: Fulfilled (Comply)
                          7.6                                            Bank BSI has a policy of providing long-term incentives to the Board of
                          The Public Company has a policy of             Directors, which is regulated in the Guidelines and Work Procedures of the
                          providing long-term incentives to Directors    Remuneration & Nomination Committee and policies related to employee
                          and employees.                                 remuneration.

                                                                         Description: Fulfilled (Comply)
Aspect 5: Information Transparency
Principle 8:              8.1                                            Bank BSI always manages the Company's Web as optimally as possible so
Improving the             Public Companies utilize information           that the information obtained by shareholders or investors or the public is the
Implementation of         technology wider than Websites as a            latest and accurate information. In addition to the Website, BSI also utilizes
Transparency of           medium for information disclosure.             technology such as SMS Banking and Mobile Banking. Utilizing other social
Information                                                              media applications such as Instagram, Facebook, Youtube and Twitter for
                                                                         information disclosure media.

                                                                         Description: Fulfilled (Comply)
                          8.2                                            Bank BSI has disclosed information regarding shareholders who own 5% or
                          The Annual Report of a Public Company          more of the Company's shares in this Annual Report.
                          discloses the ultimate beneficial owner of
                          shares in the Public Company of at least       Description: Fulfilled (Comply)
                          5% (five percent), in addition to disclosure
                          of the ultimate beneficial owner of shares
                          in the Public Company through major and
                          controlling shareholders.




                                                                                                                  PT Bank Syariah Indonesia Tbk
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Page 494
CORPORATE
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Good Corporate Governance
Assessment

Self Assessment                                                    1. Implementation of the duties and responsibilities of the
                                                                       Board of Commissioners.
As a manifestation of the Company's commitment to POJK             2. Implementation of the duties and responsibilities of the
No. 17 of 2023 concerning the Implementation of Governance             Board of Directors.
for Commercial Banks and SEOJK No. 10/SEOJK.03/2014                3. Completeness and implementation of the Committee’s
concerning the Assessment of the Health Level of Sharia                duties.
Commercial Banks and Sharia Business Units, BSI has routinely      4. Implementation of the duties and responsibilities of the
carried out self-assessments of GCG implementation. The                Sharia Supervisory Board.
assessment of Good Corporate Governance (GCG) factors              5. Implementation of sharia principles in fund collection and
is a study of the quality of the Bank's management of the              distribution activities as well as services.
implementation of GCG principles that refer to regulatory          6. Handling conflicts of interest.
provisions. The implementation of the assessment of GCG            7. Implementation of compliance functions.
implementation in BSI is carried out every semester, namely        8. Implementation of the internal audit function.
at the end of June and December. The results of the GCG self-      9. Implementation of the external audit function.
assessment are grouped into 5 (five) categories: Rank 1, Rank 2,   10. Legal Lending Limit (BMPD).
Rank 3, Rank 4 and Rank 5.                                         11. Transparency of financial and non-financial conditions of
                                                                       BUS, reports on the implementation of Good Corporate
                                                                       Governance and internal reporting.
Assessment Criteria
                                                                   The Party Conducting The Assessment
The implementation of self-assessment on the implementation
of GCG refers to the OJK Circular Letter which covers 3            Assessment of GCG implementation is carried out through self-
(three) aspects of governance, namely governance structure,        assessment done by the Compliance Group.
governance process and governance outcome. The assessment
of the three aspects of governance is carried out on:




     PT Bank Syariah Indonesia Tbk
492 2024 Annual Report
Page 495
Assessment Score

                                             GOOD CORPORATE GOVERNANCE FACTOR ASSESSMENT
                                                         Semester 1 Tahun 2024
                    Ranking                                                           Rank Definition
Individual              2         “The Bank Management has implemented Good Corporate Governance which can be said to be well done. This is
                                  reflected in the implementation of adequate Good Corporate Governance principles. If there are weaknesses in the
                                  implementation of Good Corporate Governance principles, then generally these weaknesses are less significant and
                                  can be resolved with normal actions by Bank management.”
Analysis
Based on the Self Assessment results of the Governance Structure, Governance Process and Governance Outcome aspects of 11 (eleven) GCG
Implementation Assessment Factors for the position of Semester 1 of 2024, Bank Management has done well the implemented Good Corporate
Governance (GCG), as reflected in the following matters :

1. Implementation of duties and responsibilities of the Board of Commissioners
   a. The number and composition of the Board of Commissioners have met the requirements stipulated in the provisions of applicable laws and
      regulations. Members of the Board of Commissioners do not hold concurrent positions except for matters stipulated in applicable provisions and
      do not have family relationships with fellow members of the Board of Commissioners and/or members of the Board of Directors. The Board of
      Commissioners has guidelines and work procedures and all members have integrity, competence and adequate financial reputation to support
      them in carrying out their duties and responsibilities in addition to efforts that are continuously made in conducting continuous learning.
   b. All members of the Board of Commissioners do not violate the provisions on concurrent positions as stipulated in the regulations issued by the
      Regulator, (including the Financial Services Authority, Bank Indonesia and other laws and regulations).
   c. All members of the Board of Commissioners do not have financial, management, ownership and family relationships with fellow members of the
      Board of Commissioners, the Board of Directors and/or Controlling Shareholders.
   d. The Board of Commissioners has a Board of Commissioners Work Regulations in accordance with applicable laws and regulations and best
      practices for implementing GCG.
   e. The implementation of duties and responsibilities in the form of supervisory actions, evaluations and independence of the Board of Commissioners
      has been adequate, including ensuring the implementation of GCG principles in every business activity of the Bank at all levels or levels of the
      organization, including through the Board of Commissioners meeting forum or regular meetings of the Board of Commissioners with the Board of
      Directors or Field Directors to ensure that operational activities have been running well and in accordance with GCG principles. All results of the
      meeting are stated in the minutes of the meeting and are well documented. During Semester 1 of 2024, 9 (nine) internal meetings of the Board of
      Commissioners (Rakomdir) were held, and 7 (seven) meetings of the Board of Directors with the Board of Commissioners .

2. Implementation of the duties and responsibilities of the Board of Directors
   a. The Bank has a number of Board of Directors members exceeding the minimum number stipulated in the applicable provisions and all members
      of the Board of Directors are domiciled in Indonesia and meet all requirements stipulated in accordance with the applicable provisions, including
      those related to concurrent positions, independence, integrity, competence and good financial reputation to support the implementation of their
      duties and responsibilities as Board of Directors.
   b. None of the members of the Board of Directors violate the provisions on concurrent positions as stipulated in the Regulations issued by the
      Regulator, (including the Financial Services Authority, Bank Indonesia and other statutory provisions).
   c. None of the members of the Board of Directors have financial, management, ownership and family relationships with fellow members of the Board
      of Directors, the Board of Commissioners, and/or Controlling Shareholders.
   d. The Board of Directors has a Board of Directors Work Procedure Guideline in accordance with the applicable laws and regulations and best
      practices for implementing GCG.
   e. The Board of Directors has determined policies and strategic decisions through Board of Directors Meetings effectively and efficiently and each
      decision of the Board of Directors Meeting is stated in the Minutes of the Board of Directors Meeting. During Semester 1 of 2024, 25 (twenty five)
      Board of Directors meetings were held.
   f. The Board of Directors has carried out the management of the Bank based on the principles of prudence, sharia principles, and GCG principles.
      The audit findings have been followed up, and other matters related to the governance process have been fulfilled and provided optimal results.

3. Completeness and implementation of Committee duties
   a. The Bank has an Audit Committee, a Risk Monitoring Committee and a Nomination & Remuneration Committee in accordance with applicable
      provisions. The Committee has a Charter/as a guideline in carrying out its duties and responsibilities.
   b. All Committees carry out their duties independently and effectively through meetings that are held routinely involving/inviting related work units
      to obtain comprehensive and detailed input regarding problems and conditions in operational activities.
   c. The Committee has carried out its functions in accordance with applicable provisions by submitting regular reports or recommendations according
      to its duties to the Board of Commissioners.
4. Implementation of the duties and responsibilities of the Sharia Supervisory Board
   a. The competence, reputation and independence of the DPS have been in accordance with applicable provisions so that it can carry out its duties
      and responsibilities properly.
   b. The appointment/replacement of DPS members and the implementation of their duties and responsibilities have been carried out properly in
      accordance with the principles of GCG and applicable provisions.
   c. During Semester 1 of 2024, the DPS has implemented:

       DPS Meetings             DPS Opinions Given                  Pick Test
              16                           24                           27

5. The implementation of Syariah principles in fund mobilization, fund distribution, and service provision activities.
   a. In general, the Bank has carried out fund mobilization, fund distribution, and service provision activities in accordance with Sharia principles and
      applicable regulations. This is supported by the adequate competence of the Sharia Supervisory Board (DPS).
   b. The process of product development and the implementation of fund mobilization, fund distribution, and banking services are generally in
      compliance with the fatwas of the National Sharia Council of the Indonesian Ulema Council (DSN-MUI) and the opinions of the Syariah Supervisory
      Board (DPS).
   c. The activities of fund mobilization, fund distribution, and service provision are governed by Standard Operating Procedures (SOPs) that align with
      Sharia principles.




                                                                                                                   PT Bank Syariah Indonesia Tbk
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CORPORATE
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 6. Conflicts of Interest Management
    a. The Bank has established internal regulations aimed at preventing transactions involving conflicts of interest, including the Indonesian Sharia Bank
       Corporate Governance Policy, Anti-Fraud Policy, and Human Capital Standard Operating Procedures.
    b. During the first semester of 2024, there were no transactions involving conflicts of interest that directly or indirectly involved the Board of
       Directors, Board of Commissioners, or the Sharia Supervisory Board (DPS).
    c. The Bank’s internal policies on conflicts of interest effectively prevent such occurrences, ensuring that they do not cause harm or reduce the Bank’s
       profitability.


 7. Implementation of the Compliance Function
    a. The Compliance Director has met the independence requirements and does not hold a concurrent position as President Director, nor does he
       oversee business and operational functions, treasury, finance and accounting, logistics and procurement of goods/services, or internal audit. The
       compliance unit operates independently from the operational units and reports directly to the Compliance Director.
    b. The Compliance Director and the Compliance Unit have carried out their duties and responsibilities in accordance with applicable regulations and
       have also performed other tasks related to the compliance function.
    c. To ensure that all internal regulations and bank products comply with prevailing laws and regulations, each internal regulation issued is subjected
       to a compliance review beforehand.
    d. The Bank has submitted the principal report on the implementation of the Compliance Function Director’s duties in a timely manner. The scope of
       the report aligns with regulatory requirements.

 8. Implementation of Internal Audit Function
    a. The adequacy of the Governance Structure in relation to the implementation of the internal audit function is well established, as reflected in the
       following:
       1. The Bank has an Internal Audit Business Unit (SKAI) that reports directly to the President Director and is authorized to communicate directly
          with the Board of Commissioners and/or the Audit Committee.
       2. The Bank has also established an Internal Audit Charter and internal regulations related to internal audit, including the Indonesian Sharia Bank
          Internal Audit Policy, Internal Audit Control Standard Procedures, and the Online Follow-Up Monitoring List (DMTL) PTO.
       3. The fulfillment and enhancement of SKAI's human resource quality are continuously carried out in coordination with the Human Resources Unit.
    b. The effectiveness of Good Corporate Governance (GCG) implementation in relation to the internal audit function is well established, as reflected
       in the following:
       1. The Board of Directors, together with the Internal Audit Business Unit (SKAI), ensures the implementation of internal controls at all management
          levels through audit examinations and actively encourages the resolution of follow-up actions on SKAI’s audit findings.
       2. SKAI's findings, as documented in the Audit Report, have been reviewed and directed by the Board of Directors, with follow-ups monitored by
          SKAI and reported to the Board of Commissioners.
       3. SKAI has performed its supervisory function independently, with an adequate scope of responsibilities, in line with the audit execution plan and
          monitoring of audit results.
    c. .The quality of outcomes from the implementation of the internal audit function is satisfactory and meets stakeholders' (particularly the Board of
       Commissioners') expectations, as reflected in SKAI’s periodic reports to the Board of Commissioners through the Audit Committee, which include
       Audit plan realization, Significant findings and recommendations, and Completion of follow-up actions on audit results and directives from the
       Board of Directors.
 9. Implementation of the External Audit Function
    a. The audit conducted by the Public Accounting Firm (KAP) has been carried out effectively and meets the established criteria.
    b. The appointment of the Public Accountant/Public Accounting Firm (KAP) complies with the minimum requirements set forth in applicable
       regulations. The audit is conducted independently by the Public Accountant/KAP.
    c. The quality and scope of the audit results from the Public Accountant/KAP align with the applicable regulations.

 10.Legal Lending Limit (BMPD) Implementation
   a. The Bank has established written policies, systems, and procedures for fund provision to related parties and large exposures, including monitoring
      and issue resolution mechanisms.
   b. The Bank regularly evaluates and updates its policies, systems, and procedures related to BMPD to align with prevailing regulations and laws.
      Additionally, the Bank ensures that fund provisions to related parties and large exposures comply with prudential principles.
   c. The Bank submits periodic reports on BMPD to the Financial Services Authority (OJK) in a timely manner. The Bank's implementation of fund
      provisions to related parties and/or large exposures adheres to applicable BMPD regulations, prudential principles, and relevant laws while also
      considering capital adequacy and portfolio diversification.

 11.Transparency of Financial and Non-Financial Conditions of the Sharia Commercial Bank (BUS), GCG Implementation Report, and Internal Reporting
   a. The Bank’s Internal Reporting System is capable of providing timely, accurate, complete, and reliable data and information, effectively supporting
      management decision-making. This is reinforced by the Bank's Information Technology System, which ensures adequate asset and information
      maintenance.
   b. The Bank transparently discloses financial and non-financial information to the public through its official website www.bankbsi.co.id and other
      appropriate media, ensuring easy access for all stakeholders. Financial and non-financial reports are also submitted to regulators and stakeholders
      in compliance with applicable regulations.
   c. The scope of financial and non-financial information is comprehensive and timely, meeting regulatory requirements.
   d. The GCG Implementation Report has been submitted on time to stakeholders in accordance with applicable regulations. The 2023 GCG Report
      was submitted to the Financial Services Authority (OJK) on April 23, 2024, via letter No. 04/736-3/DIR-CPG.




      PT Bank Syariah Indonesia Tbk
494 2024 Annual Report
Page 497
Considering the conclusions outlined above, the strengths and weaknesses of GCG implementation at Bank Syariah Indonesia are explained below :

1. The Strength of GCG Implementation
   a. Governance Structure
      In general, the Bank has established a comprehensive governance structure and infrastructure in compliance with applicable regulations to support
      the implementation of GCG principles across all work lines and operations, aiming to achieve outcomes that meet stakeholder expectations.

  b. Governance Process
     In general, the implementation of GCG has been in accordance with applicable regulations, as reflected in the Bank’s compliance with its obligations
     to regulators and the fulfillment of its responsibilities to all stakeholders.

  c. Governance Outcome
     The outcome of GCG implementation at Bank Syariah Indonesia can be observed through the Bank's financial and non-financial achievements.
     Financially, this is reflected in the key financial performance indicators up to June 2024 (unaudited), as presented in the following table:


             Sector                    June                                                      Description
    Company’s profit                   3,401.32       BSI's performance in June 2024 showed a year-on-year (YoY) increase, driven by the following
                                                      factors:
    Total of Asset                  360,850.48        1. Increase in Company Profit, is caused by:
    OHC                                5,074.15         a. Growth in margin income
                                                        b. Increase in fee-based income
    Financing                       257,387.61          c. Well-maintained (OHC)
                                                      2. Increase in Assets, is driven by:
    Third Party Funding             296,697.95          a. Growth in third-party funds (DPK)
                                                        b. Increase in financing distribution
    a. Current Account               55,338.45
    b. Saving                       128,776.00
    c. Deposit                      112,583.50
    CASA                            184,114.45

  Meanwhile, in non-financial aspects, during the first semester of 2024, the Bank received a total of 49 awards, including:
  1. The Best CEO 2023 (SWA)
  2. Best Investor Relation – Banking Indonesia 2023 (International Finance Award)
  3. Top Rank Sharia Bank in Satisfaction, Loyalty & Engagement 2024 (Infobank)
  4. The Best Integrated CSR Program (First Indonesia)
  5. The Best Leadership Focus on CSR Program (First Indonesia)
  6. The Most Promising Company in Social Media Utilization for Banking Industry (Markplus Indonesia)
  7. The Best Bank Umum Syariah 2024 (Infobank)
  8. The Best Islamic Bank by Country – Indonesia (Islamif Finance News)
  9. Big Cap - Market capitalization exceeded IDR 25 trillion. (Investortrust.id)
  10.Best Islamic Wealth Manager (Global Private Banker)

2. Weaknesses in GCG Implementation
   1. Following the Annual General Meeting of Shareholders (AGMS) held on May 17, 2024, some appointed officials have yet to pass the fit & proper
      test or receive approval from the Financial Services Authority (OJK), including:
      a. Three members of the Board of Commissioners and two members of the Board of Directors, currently under review and in the process of
         completing the required documentation for OJK’s fit & proper test submission.
      b. Two members of the Sharia Supervisory Board, currently in the review process and completing documentation for OJK approval submission.
   2. Based on the self-assessment of governance processes, there are still certain fund mobilization and/or distribution activities that are not yet fully
      aligned with Sharia principles, despite the fact that all of the Bank’s products comply with DSN-MUI fatwas and Sharia Supervisory Board (DPS)
      opinions, and all related SOPs have been established through proper mechanisms.
   3. Certain regulatory fines remain outstanding and require further attention from management. The Bank has conducted a root cause analysis to
      identify the underlying causes and establish corrective actions aimed at mitigating risks and preventing similar fines from occurring in future
      periods.




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                                      ASSESSMENT OF GOOD CORPORATE GOVERNANCE FACTORS
                                                      Semester 2 Tahun 2024
                   Rating                                                           Ratings Definition
 Individual             2          The Bank's management has implemented Good Corporate Governance (GCG) in a generally sound manner. This
                                   is reflected in the adequate application of GCG principles. If any weaknesses exist in the implementation of GCG
                                   principles, they are generally insignificant and can be resolved through normal managerial actions.
 Analysis
 Based on the results of the Self-Assessment on the aspects of Governance Structure, Governance Process, and Governance Outcome for the 11 (eleven)
 Evaluation Factors of GCG Implementation for the second semester of 2024, the Bank’s Management has implemented Good Corporate Governance
 (GCG) in a generally sound manner, as reflected in the following:

 1. Duties and Responsibilities of the Board of Commissioners
    a. All members of the Board of Commissioners have passed the fit and proper test conducted by the Financial Services Authority (OJK). The number
       of members on the Board of Commissioners complies with the requirements set forth in the applicable laws and regulations. Members of the Board
       of Commissioners do not hold concurrent positions, except in cases permitted by the prevailing regulations, and do not have family relationships
       with fellow members of the Board of Commissioners and/or members of the Board of Directors. The Board of Commissioners has established work
       guidelines and rules of conduct, and all members possess adequate integrity, competence, and financial reputation to support them in carrying out
       their duties and responsibilities, in addition to continuous efforts to enhance their knowledge through ongoing learning.
    b. None of the members of the Board of Commissioners violate the provisions regarding concurrent positions as stipulated by the regulations issued
       by the regulatory authorities (namely, the Financial Services Authority, Bank Indonesia, and other applicable laws and regulations).
    c. None of the members of the Board of Commissioners have financial, managerial, ownership, or family relationships with fellow members of the
       Board of Commissioners, the Board of Directors, and/or the Controlling Shareholder.
    d. The Board of Commissioners has established its Rules of Conduct in accordance with applicable laws and regulations, as well as best practices in
       the implementation of Good Corporate Governance (GCG).
    e. The implementation of the duties and responsibilities of the Board of Commissioners, including oversight, evaluation, and maintaining
       independence, has been adequate. This includes ensuring the application of GCG principles in all business activities of the Bank at every level of
       the organization, among others, through Board of Commissioners meetings or joint meetings between the Board of Commissioners and the Board
       of Directors or relevant Directors on a regular basis. These meetings serve to ensure that operational activities are conducted properly and in
       accordance with GCG principles. All meeting outcomes are documented in minutes and properly archived. During the second semester of 2024,
       the Board of Commissioners held eight (8) internal meetings and five (5) joint meetings with the Board of Directors (Rakomdir).

 2. Duties and Responsibilities of the Board of Directors
    a. All members of the Board of Directors have passed the fit and proper test conducted by the Financial Services Authority (OJK). The Bank has a
       number of Directors that exceeds the minimum requirement as stipulated by applicable regulations. All members of the Board of Directors reside
       in Indonesia and meet all the requirements set forth in the prevailing regulations, including those related to concurrent positions, independence,
       integrity, competence, and good financial reputation, to support the execution of their duties and responsibilities as Directors.
    b. None of the members of the Board of Directors violate the provisions regarding concurrent positions as stipulated by regulations issued by
       regulatory authorities (namely, the Financial Services Authority, Bank Indonesia, and other applicable laws and regulations).
    c. None of the members of the Board of Directors have financial, managerial, ownership, or family relationships with fellow members of the Board of
       Directors, the Board of Commissioners, and/or the Controlling Shareholder.
    d. The Board of Directors has established its Rules of Conduct in accordance with applicable laws and regulations, as well as best practices in the
       implementation of Good Corporate Governance (GCG).
    e. The Board of Directors has effectively and efficiently established policies and strategic decisions through Board of Directors meetings, with all
       decisions documented in the Meeting Minutes of the Board of Directors. During the second semester of 2024, a total of twenty (20) Board of
       Directors meetings were held.
    f. The Board of Directors has managed the Bank in accordance with the principles of prudence, Sharia principles, and GCG principles. Audit findings
       have been duly followed up, and other governance processes have been fulfilled, yielding optimal results.
 3. Completeness and Implementation of Committee Duties
    a. The Bank has established an Audit Committee, a Risk Monitoring Committee, and a Nomination & Remuneration Committee in accordance with
       applicable regulations. Each committee has a charter that serves as a guideline in carrying out its duties and responsibilities.
    b. All committees perform their duties independently and effectively through regular meetings, involving or inviting relevant work units to obtain
       comprehensive and detailed input on issues and conditions in operational activities.
    c. The committees have carried out their functions in accordance with applicable regulations by submitting regular reports or recommendations, as
       required by their respective duties, to the Board of Commissioners.

 4. Implementation of the Duties and Responsibilities of the Syariah Supervisory Board
    a. The competence, reputation, and independence of the Sharia Supervisory Board (DPS) comply with applicable regulations, enabling it to effectively
       carry out its duties and responsibilities.
    b. The appointment and replacement of DPS members, as well as the execution of their duties and responsibilities, have been conducted in
       accordance with Good Corporate Governance (GCG) principles and applicable regulations.
    c. During the second semester of 2024, the DPS has carried out:

       DPS Meeting            DPS Opinion proposal             Sample Testing
              16                        23                           19




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5. Duties and Responsibilities of the Syariah Supervisory Board
   a. In general, the Bank has carried out fundraising, fund distribution, and service provision activities in accordance with Sharia principles and
      applicable regulations. This is supported by the adequate competence of the Syariah Supervisory Board (DPS).
   b. The process of product development and the execution of fundraising, fund distribution, and banking services have generally complied with the
      fatwas issued by the National Sharia Council of the Indonesian Ulema Council (DSN-MUI) and the opinions of the DPS.
   c. Fundraising, fund distribution, and service provision activities are governed by Standard Operating Procedures (SOPs) that adhere to Sharia
      principles.

6. Conflict of Interest Management
   a. The Bank has established internal regulations aimed at preventing transactions that involve conflicts of interest, including the Corporate
      Governance Policy of Bank Syariah Indonesia, the Anti-Fraud Policy of Bank Syariah Indonesia, and the Standard Operating Procedures for Human
      Capital.
   b. Throughout the second semester of 2024, no transactions involving conflicts of interest were recorded, either directly or indirectly, involving the
      Board of Directors, Board of Commissioners, or the Sharia Supervisory Board (DPS).
   c. The Bank's internal conflict of interest policy has been effectively implemented to prevent conflicts of interest, ensuring that they do not result in
      any losses or reduced profitability for the Bank.

7. Implementation of Compliance Function
   a. The Compliance Director has met the independence requirements and does not hold a concurrent position as the President Director. Additionally,
      the Compliance Director does not oversee business and operational functions, treasury, finance and accounting, logistics, procurement of goods/
      services, or internal audit. The compliance unit operates independently from operational units and reports directly to the Compliance Director.
   b. The Compliance Director and the Compliance Unit have carried out their duties and responsibilities in accordance with applicable regulations, as
      well as other tasks related to the compliance function.
   c. To ensure that every internal regulation and product launched by the Bank complies with prevailing laws and regulations, a compliance review is
      conducted before the issuance of any internal regulation.
   d. The Bank has submitted the key reports on the implementation of the Compliance Function Director’s duties in a timely manner. The scope of
      these reports aligns with regulatory requirements.
8. Implementation of Internal Audit Function
   a. Adequacy of Governance Structure in the Implementation of Internal Audit Function
      1. The Bank has established an Internal Audit Business Unit (Satuan Kerja Audit Intern – SKAI) that reports directly to the President Director and
         has direct communication access with the Board of Commissioners and/or the Audit Committee.
      2. The Bank has also developed an Internal Audit Charter and internal regulations related to Internal Audit, including the Internal Audit Policy of
         Bank Syariah Indonesia, Internal Audit Control Standard Procedures, and the Online Follow-Up Monitoring List (DMTL) Procedures.
      3. The fulfillment and enhancement of SKAI’s human resource quality are continuously improved through coordination with the Human Resources
         unit.
   b. Effectiveness of GCG Implementation in the Internal Audit Function is reflected below :
      1. The Board of Directors, together with SKAI, ensures the implementation of internal controls at all management levels through audits and
         actively encourages the resolution of SKAI’s audit findings.
      2. SKAI’s audit findings, as outlined in the Audit Report, have been reviewed and directed by the Board of Directors, with follow-up actions
         monitored by SKAI and reported to the Board of Commissioners.
      3. SKAI has carried out its supervisory function independently, with a sufficient scope of duties aligned with the planned audit implementation and
         follow-up monitoring.
   c. The quality of internal audit outcomes has been adequate and meets stakeholder expectations (i.e., the Board of Commissioners), as reflected in
      periodic reports submitted by SKAI to the Board of Commissioners through the Audit Committee. These reports include the realization of the audit
      plan, significant findings and recommendations, and follow-up resolutions along with directives from the Board of Directors.

9. Implementation of External Audit Function
   a. The audit conducted by the Public Accounting Firm (KAP) has been carried out effectively and meets the established criteria.
   b. The appointment of the Public Accountant/Public Accounting Firm (KAP) complies with the minimum requirements set forth in the applicable
      regulations. The audit process conducted by the Public Accountant/KAP is independent.
   c. The quality and scope of the audit results provided by the Public Accountant/KAP are in accordance with applicable regulations.
10.Maximum Fund Distribution Limit (BMPD)
  a. The Bank has established written policies, systems, and procedures regarding fund provision to related parties and large exposures, including
     monitoring and issue resolution.
  b. The Bank periodically evaluates and updates its policies, systems, and procedures related to BMPD to align with applicable regulations and laws.
     It also ensures that fund provision to related parties and large exposures adheres to the prudential principles.
  c. The Bank submits periodic reports on BMPD to the Financial Services Authority (OJK) in a timely manner. The Bank’s fund provision to related
     parties and/or large exposures complies with the prevailing BMPD regulations, adheres to prudential principles and legal provisions, and considers
     capital capacity and portfolio diversification in fund distribution.

11.Transparency of Financial and Non-Financial Conditions of the Islamic Commercial Bank (BUS), GCG Implementation Report, and Internal Reporting
  a. The Bank’s Internal Reporting System is capable of providing timely, accurate, complete, and reliable data and information, effectively supporting
     management decision-making. This is reinforced by the Bank’s Information Technology System, which ensures adequate asset and information
     maintenance.
  b. The Bank transparently discloses financial and non-financial information to the public through the website www.bankbsi.co.id and other
     appropriate media, making it easily accessible to all stakeholders. Financial and non-financial reports have also been submitted to regulators and
     stakeholders in accordance with applicable regulations.
  c. The scope of financial and non-financial information is available in a timely and comprehensive manner, in compliance with prevailing regulations.
  d. The GCG Implementation Report has been submitted to stakeholders in a timely manner, in accordance with applicable regulations. The GCG
     Implementation Report for the 2023 Fiscal Year was submitted to OJK via letter No. 04/736-3/DIR-CPG dated April 23, 2024.




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 Considering the above conclusions, the strengths and weaknesses of GCG implementation at Bank Syariah Indonesia are as follows:
 1. The Strengh of CGC Implementation
    a. Governance Structure
       In general, the Bank has established a comprehensive governance structure and infrastructure that complies with applicable regulations. This
       framework supports the implementation of GCG principles across all work lines and operations, aiming to achieve outcomes that meet the
       expectations of the Bank's stakeholders.
    b. Governance Process
       In general, the implementation of GCG has been in accordance with applicable regulations, as reflected in the Bank’s compliance with its obligations
       to regulators and the fulfillment of its responsibilities to all stakeholders.
    c. Governance Outcome
       The outcomes of GCG implementation at Bank Syariah Indonesia can be observed through the Bank’s financial and non-financial achievements.
       Financially, this is reflected in the key financial performance indicators of the Bank as of December 2024 (unaudited), as presented in the following
       table:

                                    December                 Growth YoY
                  Pos                                                                                             Description
                                       Nom                Nom               %
     Company Profit                    7,002.96          1,299.22         22.78%     BSI's performance in December 2024 showed a year-on-year (YoY)
                                                                                     increase in several key aspects, including:
     Total Assets                   408,811.92         55,187.80          15.61%     1. The Company's Profit Increased Due to the Following Factors:
     OHC                              11,658.03          1,537.37         15.19%        a. Increase in margin income
                                                                                        b. Growth in fee-based income
     Financing                      278,481.27         38,165.22          15.88%        c. Controlled rise in operating expenses (OHC)
                                                                                     2. Assets Increased Due to the Following Factors:
     Third-party funds              327,454.17         33,678.24          11.46%        a. Growth in third-party funds (DPK)
                                                                                        b. Increase in financing  
     a. Giro                          56,335.60          3,134.21           5.89%
     b. Savings                     140,534.22         15,807.77          12.67%
     c. Deposit                     130,584.35         14,736.26          12.72%
     CASA                           196,869.81         18,941.98          10.65%

   Meanwhile, in terms of non-financial achievements, during the second semester of 2024, the Bank received a total of 108 (one hundred and eight)
   awards, including:
   1. The Most Profitable Sharia Bank 2024
   2. 1st Winner of Indonesia Customer Service Quality Award 2024
   3. Most Sharia Bank for Excellence Good Corporate Governance
   4. Top 20 Financial Institution 2024
   5. The Most Committed Top Leader on Human Capital 2024
   6. Institutions/Agencies that Support the Acceleration of Halal Certification in East Java
   7. Best BUMN Awards 2024 for Developing Sharia Economic Ecosystem Continuous Innovation, Category: Subsidiary
   8. Indonesia Most Powerful Women 2024 in Implementing Inclusive Organizational Management to Create Productive Environtment
   9. The Most Trusted Company
   10.The Best Industry Marketing Champion 2024 for the Commercial Banking sector.

 2. The Weakness of CGC Implementation
    1. In relation to the Bank's Annual General Meeting of Shareholders (AGMS) held on May 17, 2024, one member of the Sharia Supervisory Board
       (DPS) appointed through the AGMS had not yet received approval from the Financial Services Authority (OJK), namely Dr. K.H. Abdul Ghofur
       Maimoen, MA.
       * Although it is has not effective yet in Semester 2 of 2024, approval from OJK was obtained through OJK Letter No. SR-13/PB.02/2025 dated
       January 9, 2025, and the appointment was reported to OJK via Letter No. 05/081-3/DIR-CSG dated January 13, 2025.
    2. The appointment of Mr. Muliaman D. Hadad (President Commissioner concurrently serving as Independent Commissioner) as the Head of
       BPI Danantara* on October 22, 2024, categorized as a Public Official, may lead to non-compliance with the requirements for an Independent
       Commissioner as stipulated in POJK No. 17 of 2023 concerning the Implementation of Corporate Governance for Commercial Banks. Should
       this situation occur, the change in Mr. Muliaman D. Hadad’s position as President Commissioner without concurrently serving as Independent
       Commissioner will be ratified at the upcoming Annual General Meeting of Shareholders (AGMS).
       As of the TKB report dated December 31, 2024, BPI Danantara has not yet obtained institutional legality.
    2. Based on the results of the self-assessment of the governance process, there are still fundraising and/or financing activities that have not been fully
       aligned with Sharia principles, despite all Bank products complying with the DSN-MUI Fatwas and DPS Opinions, as well as all related Standard
       Operating Procedures (SOPs) being formulated through an adequate mechanism.
       The root cause mapping of non-compliance with Sharia principles in fundraising and/or financing activities includes sample testing, identifying
       awareness and competency as dominant issues. These are being addressed through the implementation of a Sharia Collaborative Forum,
       certification of Sharia competency for branch employees, and literacy programs for the three pillars (risk – operations – business).
    4. There are still regulatory fines that require follow-up and management’s attention. The Bank has conducted a root cause analysis to determine
       appropriate remedial actions to mitigate the risk of recurring fines in future periods.




      PT Bank Syariah Indonesia Tbk
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Assessment of GCG Implementation by                                    Thus, the CGPI program is expected to motivate the business
External Parties                                                       world to implement the concept of Corporate Governance (CG)
                                                                       while also encouraging wider community participation so that
Corporate Governance Perception Index                                  they can work together to develop and implement GCG. In
(CGPI)                                                                 addition, the CGPI program aims to encourage companies to
                                                                       improve the quality of GCG through continuous improvement, so
In 2024, BSI participated for the fourth time in the corporate         that the CGPI program can become a strategic tool for compiling
governance assessment organized by The Indonesian Institute            databases, mapping CG conditions in Indonesia, and serving as a
for Corporate Governance (IICG), known as the Corporate                benchmark for GCG implementation in public, state-owned, and
Governance Perception Index (CGPI). CGPI is the first GCG              private companies in Indonesia..
research and ranking program in Indonesia aimed at assessing
the quality of corporate governance in companies, including            Companies participating in the CGPI can benefit from measuring
publicly listed companies (issuers), state-owned enterprises           and improving their GCG practices, enhancing the company’s
(SOE), banking institutions, and other private companies.              overall reputation, attracting stakeholders, and increasing the
                                                                       potential for long-term success in the market. Additionally,
The CGPI program is being implemented with the goal of                 CGPI participant companies can identify and address internal
inviting all stakeholders in the business ecosystem, including         organizational factors that may not yet align with or support
the government, business people, the business community, and           the implementation of GCG. This serves as a key consideration
business supporters, to implement best GCG practices in the            in improving corporate governance, encouraging all company
world of business and the economy. This initiative was launched        members to apply GCG principles more effectively within
to promote sustainable economic prosperity, with a focus on the        their business scope. The CGPI results reflect the commitment
process of creating added value for all stakeholders.                  of Indonesian companies to enhancing the quality of GCG
                                                                       implementation. Some of the key benefits for CGPI participant
                                                                       companies include




                                                                                                          Maintaining the Company's
  Increase investor and public
                                                                                                            survival with ethical and
  confidence in the Company
                                                                                                          dignified business practices




    Establish indicators and                                                                               Mapping the Company's
   quality standards for GCG                                                                              strategic issues to improve
   implementation that you                                                                                    the quality of GCG
        wish to achieve.                                                                                        implementation




   Improving the Company's                                                                                  Increasing stakeholder
   internal affairs to improve                                                                             awareness of the urgency
      GCG implementation                                                                                     and benefits of GCG




Assessment Criteria

CGPI 2023 with the theme "Building Corporate Maturity in the GCG Framework" is assessed based on the fulfillment of assessment
aspects and indicators, covering 3 assessment aspects which are then detailed into 24 assessment indicators. A detailed explanation is
as follows:


1. Governance Structure
   This aspect is an assessment of the completeness of the optimal Organ, structure and infrastructure in the company according to
   principles, values, and compliance, in order to create value and ensure sustainable growth ethically and with dignity. In detail, this
   aspect of governance structure consists of the following indicators:




                                                                                                      PT Bank Syariah Indonesia Tbk
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CORPORATE
GOVERNANCE




   a.   Shareholders and GMS                                            g. Control and Supervision Governance System and
   b.   Board of Directors                                                 Mechanism
   c.   Board of Directors                                              h. Strategic Planning Governance System and Mechanism.
   d.   Board of Commissioners Supporting Organs                        i. Organizational Infrastructure Governance System and
   e.   Board of Directors Supporting Organs                               Mechanism
   f.   Functional Management                                           j. Information Technology Governance System and
                                                                           Mechanism
2. Governance Process                                                   k. Sustainable Development Goals Governance System
   This aspect is an assessment of the management system                   and Mechanism
   that is able to realize the optimization of all management           l. Creativity and Innovation Governance System and
   functions in accordance with changes in the company's                   Mechanism
   contextual environment, as well as principles, values, and           m. Governance System and Mechanism Building Corporate
   compliance, in order to create value and ensure sustainable             Maturity
   growth ethically and with dignity. In detail, the governance
   process aspect consists of the following indicators:              3. Governance Outcome
   a. Shareholder and GMS Governance System and                         This aspect is an assessment of the company's optimal,
       Mechanism                                                        effective, and efficient performance with effective and
   b. Board of Commissioners and Board of Directors                     efficient use of resources in creating value and ensuring
       Governance System and Mechanism                                  sustainable growth ethically and with dignity. In detail,
   c. Organizational Behavior Governance System and                     the governance outcome aspect consists of the following
       Mechanism                                                        indicators:
   d. Disclosure and Information Transparency Governance                a. Corporate Organ Governance Outcome
       System and Mechanism                                             b. Organizational Behavior Conformity
   e. Risk Governance System and Mechanism                              c. Risk, Compliance, and Control and Supervision
   f. Compliance Governance System and Mechanism                             Governance Outcome
                                                                        d. Sustainable Development Goals Governance Outcome
                                                                        e. Governance Outcome Building Corporate Maturity


Stages in the CGPI 2024 assessment



         Self Assessment                                                                         Observer Team
                                       Documentation               Company Organ
          Questionnaire                                                                          Discussion with
                                     System Assessment              Presentation
           Completion                                                                           Company Organs




                       ANALYSIS STAGE                                          OBSERVATION STAGE



Party Carrying Out the Assessment

The party that carried out the CGPI assessment was the Indonesian Institute for Corporate Governance (IICG).


Assessment Score


                                                       PT Bank Syariah Indonesia Tbk, in the Corporate Governance Perception

                   91,80                               Index (CGPI) 2024 Research and Ranking Program for the 2023
                                                       assessment year, achieved a score of 91.80. Based on the 2023 CGPI
                   (Sangat Terpercaya)                 ranking category, PT Bank Syariah Indonesia Tbk received the “Highly
                                                       Trusted” rating.



         Governance Structure                                                                    Governance Outcome
                                                  Governance Process (30,45)
               (30,82)                                                                                 (30,53)


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The detailed scores for each assessment aspect in the CGPI 2024 for the 2023 assessment year achieved by PT Bank Syariah Indonesia




      Governance Structure Aspect                     Governance Process Aspect                      Governance Outcome Aspect


                30,82                                          30,45                                           30,53
         (out of a maximum 33,33)                        (out of a maximum 33,34)                       (out of a maximum 33,33)
               or achievement                                 or achievement                                  or achievement


               92,46       %
                                                               91,32      %
                                                                                                              91,61%


The 2024 CGPI results for the 2024 assessment awarded                    Assessment Criteria
PT Bank Syariah Indonesia Tbk the “Highly Trusted” predicate.
This reflects the commitment and consistency of the company’s            The assessment components of the ASEAN Corporate
organs and all members in implementing Good Corporate                    Governance (CG) Scorecard are explained below :
Governance (GCG) principles and systems. PT Bank Syariah                 a. Rights and Equal Treatment of Shareholders
Indonesia Tbk has also developed an optimal, high-quality,               b. Sustainability and Resilience
and robust management system, utilizing resources effectively            c. Disclosure and Transparency
and efficiently while adhering to GCG principles, values, and            d. Responsibilities of the Board of Directors and Board of
compliance. As a result, the bank continues to create added                 Commissioners
value for stakeholders and ensure sustainable, ethical, and
dignified corporate growth.                                              Assessing Parties

Recommendations and Follow-Up Actions                                    The assessment is conducted by the ASEAN Capital Market
                                                                         Forum (ACMF) through a Domestic Ranking Body (DRB)
Several BSI recommendations for participation in CGPI 2024               appointed by the regulator of each participating country. The
include aspects of governance structure, governance process              DRB performs the assessment at the national level, followed by
aspects and governance results aspects. Several CGPI assessment          a peer review by DRBs from other ASEAN member countries.
indicators still need to be maintained and improved. BSI's               Since 2016, the Financial Services Authority (OJK) has appointed
commitment to continue to strive to implement healthy, ethical           PT RSM Indonesia Konsultan (RSM) as the DRB responsible for
and dignified business practices is one of them by following             conducting assessments in Indonesia.
several recommendations for the CGPI 2024 assessment. BSI
believes that improvements in governance aspects are key to              Assessment Score
BSI's sustainability.
                                                                         More than 80% of the governance practices implemented by BSI
Asean Governance Corporate Scorecard                                     have adopted the principles outlined in the ASEAN CG Scorecard.
(ACGS)                                                                   BSI has been assessed as having exceeded compliance with the
                                                                         minimum international standards and governance practices,
As part of its ongoing efforts to enhance corporate governance and       significantly outperforming the average implementation seen
demonstrate commitment and consistency in its implementation,            among issuers or public companies (listed) within the top 100
Bank Syariah Indonesia has aligned its governance practices              market capitalization on the stock exchange (Big Cap).
with principles developed by the Organization for Economic
Cooperation and Development (OECD) and endorsed by the                   Recommendations and Follow-Up Actions
ASEAN Capital Market Forum (ACMF), known as the ASEAN
Corporate Governance (CG) Scorecard.                                     BSI is dedicated to ongoing enhancement, especially in
                                                                         embracing best governance practices. As a result, multiple
The ASEAN CG Scorecard is used to assess the corporate                   recommendations from the external assessment will be diligently
governance practices of publicly listed companies across                 addressed and pursued continuously. For BSI, this reflects a
ASEAN countries. The evaluation is based on publicly available           commitment shared by both management and employees to
information, including the Annual Report, Audited Financial              enhance the implementation of governance practices moving
Statements, Sustainability Report, Public Announcements and              forward, especially for certain assessment indicators that
Notices of General Meetings, Corporate Website, and other                still require refinement. BSI believes that minimizing the gap
public disclosures.                                                      between its governance practices and the principles set forth in
                                                                         the ASEAN CG Scorecard will have a significant impact on the
                                                                         long-term sustainability and existence of the company.

                                                                                                       PT Bank Syariah Indonesia Tbk
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Page 504
SOCIAL AND
ENVIRONMENTAL
RESPONSIBILITY
     PT Bank Syariah Indonesia Tbk
502 2024 Annual Report
Page 505
08




PT Bank Syariah Indonesia Tbk
         2024 Annual Report
                                503
Page 506
SOCIAL AND
ENVIRONMENTAL RESPONSIBILITY




In carrying out its business activities, BSI always strives that      As a financial services institution, the implementation
every decision and business activity undertaken is able to            of corporate social responsibility at BSI refers to POJK
provide benefits to its stakeholders. The Company views that          No. 51/POJK.03/2017 concerning the Implementation of
social responsibility is a necessity which will ultimately have       Sustainable Finance for Financial Service Institutions Issuers
a positive impact on the value of the Company. In this regard,        and Public Companies and the international standard, namely
the direction of implementing social responsibility is in an effort   ISO 26000. In accordance with the Circular Letter of the Financial
to increase the role of the Company in achieving Sustainable          Services Authority No. 16/SEOJK.04/2021 Concerning the
Development Goals (SDGs).                                             Form and Content of the Annual Report of Issuers or Public
                                                                      Companies, Information on corporate social responsibility,
As a Company engaged in banking, BSI has committed to                 particularly related to the application of environmental, social
implementing a sustainable financial program which is a support       and governance (ESG) principles, is presented in the Sustainability
of the financial sector in achieving sustainable development.         Report which is presented separately from this Annual Report.
The Company is well aware that the financial system can play
an important role in preventing the occurrence of funding or
investment practices in business activities that use resources
excessively, which ultimately has an impact on social inequality
and results in environmental damage.




     PT Bank Syariah Indonesia Tbk
504 2024 Annual Report
Page 507
             09




OJK
REFERENCES
INDEX
             PT Bank Syariah Indonesia Tbk
                      2024 Annual Report
                                             505
Page 508
Indeks Referensi
OJK
                Criteria                                                    Explanation                                 Page           Regulations

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 Annual Reports are presented in                                                                                                     POJK 29
                                                                                                                          √
 Indonesian and foreign languages.

 Annual Report must be published                                                                                                     POJK 29
 on the Issuer’s or Public Company’s
 Website on the same date as the                                                                                          √
 submission of the Annual Report to
 the Financial Services Authority.

 PERFORMANCE HIGHLIGHTS

 Summary of important financial            Information includes, among others:
 data contains financial information
                                           1. Income after distribution of profit sharing, imbalances, and                           SEOJK 10
 presented in comparative form for                                                                                       19
                                              bonuses.
 3 (three) financial years or since
 starting their business if the Issuer     2. Gross profit.                                                              19          SEOJK 16
 or Public Company has been running
 its business activities for less than 3   3. Operational profit.                                                        19          SEOJK 10
 (three) years.
                                           4. Profit before tax.                                                         19

                                           5. Net profit.                                                                19

                                           6. Profit and loss.                                                           19          SEOJK 16

                                           7. Total comprehensive profit (loss).                                                     SEOJK 10
                                                                                                                         19
                                                                                                                                     SEOJK 16

                                           8. Total profit (loss) attributable to owners of the parent entity and                    SEOJK 16
                                                                                                                    Not Applicable
                                              non-controlling interests.

                                           9. Total comprehensive profit (loss) attributable to owners of the
                                                                                                                    Not Applicable
                                              parent entity and non-controlling interests.

                                           10. Earnings (loss) per share.                                                19          SEOJK 10
                                                                                                                                     SEOJK 16
                                           11. Total assets.                                                             18

                                           12. Total liabilities.                                                        18

                                           13. Total equity.                                                             19

                                           14. Third-party funds.                                                        19          SEOJK 10

                                           15. Loans received.                                                           19

                                           16. Ratio of profit (loss) to total assets.                                   21          SEOJK 16
                                                                                                                                     SEOJK 10
                                           17. Profit (loss) to equity ratio.                                            21

                                           18. Profit (loss) to revenue/sales ratio.                                     21

                                           19. Current ratio.                                                            21          SEOJK 16

                                           20. Liability to equity ratio.                                                21

                                           21. Ratio of liabilities to total assets.                                     21




      PT Bank Syariah Indonesia, Tbk.
506 2024 Annual Report
Page 509
             Criteria                                  Explanation                                       Page           Regulations

                        22. CAR ratio.                                                                     21         SEOJK 10

                        23. Productive assets.                                                             21

                        24. Gross and net NPF ratio.                                                       21

                        25. Ratio of Operating Expenses to Operating Income (BOPO).                        21

                        26. Cost to Income Ratio (CIR).                                                    21

                        27. Percentage of violations and exceedances of BMPD.                              21

                        28. Statutory Reserve Ratio (GWM).                                                 21

                        29. Net Open Position (NOP) Ratio.                                                 21

                        30. Information and other financial ratios that are relevant to the                           SEOJK 10
                                                                                                           21
                            issuer or public company and the type of industry.                                        SEOJK 16

Stock Information       Information on shares for Public Companies at least contains:                                 SEOJK 16


                        1. Shares that have been issued for each quarter presented in
                           comparative form for the last 2 (two) financial years, at least
                           contain:

                            a. Number of outstanding shares.                                               22

                            b. Market capitalization is based on the price on the stock
                                                                                                           22
                               exchange where the shares are listed.

                            c. The highest, lowest and closing share prices are based on the
                                                                                                           22
                               price on the stock exchange where the shares are listed.

                            d. Volumetrading on the stock exchange where the shares are
                                                                                                           22
                               listed.

                        Information in letter b), letter c) and letter d) is only disclosed if the
                        shares are listed on the stock exchange.
                        Information is presented in the form of graphs and tables.

                        2. such as a stock split, reverse stock, stock dividends, bonus shares,                       SEOJK 16
                           changes in the nominal value of shares, issuance of convertible
                                                                                                           23
                           securities, and additions and capital reduction, share information
                           as referred to in number 1) is added with an explanation of at least:

                            a. The date of implementation of the corporate action.                   Not Applicable

                            b. Stock split ratios, reverse stock ratios, stock dividends.
                            c. bonus shares, number of convertible securities issued, and            Not Applicable
                               changes in share nominal value.

                            d. The number of outstanding shares before and after the
                                                                                                     Not Applicable
                               corporate action.

                            e. The number of effect conversions implemented (if any).                Not Applicable

                            f.   Stock prices before and after corporate actions.                    Not Applicable

                        3. In the event of a temporary suspension of share trading (suspension)            23         SEOJK 16
                           and/or delisting of shares during the financial year, the reasons for
                           the temporary suspension of share trading (suspension) and/or
                           delisting of shares (delisting) shall be explained.

                        4. In the event that the temporary suspension of share trading                     23         SEOJK 16
                           (suspension) as referred to in number 3) and/or the process of
                           canceling the listing of shares (delisting) is still ongoing until the
                           end of the Annual Report period, the actions taken to resolve
                           the temporary suspension of share trading (suspension) and/or
                           cancellation are explained. listing of shares (delisting).




                                                                                                     PT Bank Syariah Indonesia Tbk
                                                                                                              2024 Annual Report
                                                                                                                                     507
Page 510
               Criteria                                            Explanation                                       Page           Regulations

 REPORT OF BOARD OF DIRECTORS AND BOARD OF COMMISSIONERS

 Directors Report                     The Board of Directors’ report contains at least a brief description of:

                                      1. Performance of Issuers or Public Companies, at least includes:

                                         a. Issuer’s or Public Company’s strategy and strategic policies                          SEOJK 10
                                                                                                                     35-36
                                            (including for UUS if the Bank owns UUS).                                             SEOJK 16

                                         b. The role of the Board of Directors in formulating the strategy                        SEOJK 16
                                                                                                                      36
                                            and strategic policies of the Issuer or Public Company.

                                         c. The process carried out by the Board of Directors to ensure the
                                                                                                                      36
                                            implementation of the Issuer’s or Public Company’s strategy.

                                         d. Comparison between the results achieved and those targeted                            SEOJK 10
                                                                                                                      37
                                            by the Issuer or Public Company.                                                      SEOJK 16

                                         e. Obstacles faced by Issuers or Public Companies.                           37

                                         f.   Main activity.                                                          33          SEOJK 10

                                         g. Information Technology.                                                   34

                                         h. Distribution of financing to MSME customers.                              33

                                         i.   Percentage of benefits for collecting and distributing funds            35

                                         j.   Economic development and target market.                                 34

                                         k. Networks and business partners at home and/or abroad.                     33

                                         l.   Number, type and location of offices.                                   33

                                         m. Ownership of the Board of Directors, Board of Commissioners
                                                                                                                 Not Applicable
                                            and shareholders in the BUS.

                                         n. Important changes that occurred in the BUS and the BUS in the
                                                                                                                     37-38
                                            year concerned.

                                         o. mportant things that are expected to happen in the future.               37-38

                                         p. Human resources include the number, level of education,
                                                                                                                      33
                                            training, and development of human resources.

                                      2. An overview of the business prospects of the Issuer or Public                            SEOJK 10
                                                                                                                     37-38
                                         Company.                                                                                 SEOJK 16

                                      3. Implementation of Issuer or Public Company governance.                      38-40

 Report of the Board of               The Board of Commissioners’ report contains at least a brief description
 Commissioners                        of:

                                      1. Assessment of the Board of Directors’ performance regarding                              SEOJK 16
                                         the management of Issuers or Public Companies, including                                 SEOJK 10
                                         oversight by the Board of Commissioners in the formulation                  45-46
                                         and implementation of the Issuer’s or Public Company’s strategy
                                         carried out by the Board of Directors.

                                      2. Views on the business prospects of Issuers or Public Companies
                                                                                                                      46
                                         compiled by the Board of Directors.

                                      3. Views on the implementation of governance of the Issuer or Public
                                                                                                                     46-48
                                         Company.

                                      4. Changes in the composition of the Board of Commissioners (if any)                        SEOJK 10
                                                                                                                     48-49
                                         and reasons for the changes.

                                      5. Frequency and method of providing advice to members of the
                                                                                                                      45
                                         Board of Directors.

 Statement Letter from Members of     Statement Letter from Members of the Board of Directors and                    56-57        SEOJK 16
 the Board of Directors and Members   Members of the Board of Commissioners regarding Responsibility                              POJK 29
 of the Board of Commissioners        for the Annual Report. Statement letter from members of the Board
                                      of Directors and members of the Board of Commissioners regarding
                                      responsibility for the Annual Report is prepared in accordance with the
                                      format of Statement Letter from Members of the Board of Directors
                                      and Members of the Board of Commissioners regarding Responsibility
                                      for the Annual Report.




     PT Bank Syariah Indonesia Tbk
508 2024 Annual Report
Page 511
               Criteria                                          Explanation                                       Page           Regulations

COMPANY PROFILE

Company name and full address       Access to Issuers or Public Companies including branch offices or                           SEOJK 10
                                    representative offices that enable the public to obtain information                         SEOJK 16
                                    about Issuers or Public Companies, including:

                                    1. Address                                                                     60-71

                                    2. Phone number                                                                60-71

                                    3. Email address                                                               60-71

                                    4. Website address                                                             60-71

Brief history of Issuer or Public   Include among others: date/year of establishment, name, change of              72-73        SEOJK 10
Company                             company name (if any), and effective date of change of company name.                        SEOJK 16

                                    Notes: if the company has never changed its name, please disclose it.

Vision, Mission and Corporate       Includes:                                                                                   SEOJK 10
Culture                                                                                                                         SEOJK 16
                                    1. Company Vision                                                                74

                                    2. Company Mission                                                               75

                                    3. Statement that the vision and mission have been reviewed and
                                       approved by the Board of Directors/Board of Commissioners in                74-75
                                       the financial year.

Business activities                 Description of, among others:                                                               SEOJK 10
                                                                                                                                SEOJK 16
                                    1. The company’s business activities according to the latest articles of
                                                                                                                     76
                                       association.

                                    2. Business Activities Undertaken.                                             76-77

                                    3. Products and/or services produced.                                          78-85

Operational Area                    Issuer’s or Public Company’s operational area. The operational area                         SEOJK 16
                                    is the area or area where operational activities are carried out or the        86-88
                                    scope of the company’s operational activities.

Organizational structure            The organizational structure of the Issuer or Public Company in                             SEOJK 10
                                    the form of a chart, at least up to 1 (one) level below the Board of                        SEOJK 16
                                    Directors including committees under the Board of Directors (if any)           90-91
                                    and committees under the Board of Commissioners, accompanied by
                                    names and positions.

Association Membership              List of industry association memberships both on a national and                             SEOJK 16
                                    international scale related to the implementation of sustainable                 89
                                    finance.

Board of Directors Profile          Profile of the Board of Directors, at least contains:                                       SEOJK 10
                                                                                                                                SEOJK 16
                                    1. Name and position in accordance with the duties and
                                                                                                                   92-103
                                       responsibilities.

                                    2. Latest photos.                                                              92-103

                                    3. Age                                                                         92-103

                                    4. Citizenship.                                                                92-103

                                    5. Educational history and/or certification.                                   92-103

                                    6. Position history, including information on:                                 92-103

                                       a. The legal basis for appointment as a member of the Board of
                                                                                                                   92-103
                                          Directors of the Issuer or Public Company concerned

                                       b. Concurrent positions, both as members of the Board of
                                          Directors, members of the Board of Commissioners, and/or
                                          committee members as well as other positions both inside
                                                                                                                   92-103
                                          and outside the Issuer or Public Company. In the event that
                                          members of the Board of Directors do not have concurrent
                                          positions, then this is disclosed.

                                       c. Work experience and time period both inside and outside the
                                                                                                                   92-103
                                          Issuer or Public Company.




                                                                                                               PT Bank Syariah Indonesia Tbk
                                                                                                                        2024 Annual Report
                                                                                                                                               509
Page 512
               Criteria                                               Explanation                                        Page           Regulations

                                         7. The of the Board of Commissioners, major shareholders and                                 SEOJK 10
                                            controllers, either directly or indirectly to individual owners,                          SEOJK 16
                                            including names of affiliated parties. In the event that members                          POJK 13
                                            of the Board of Directors have no affiliation, the Issuer or Public
                                            Company shall disclose this. Financial relationships and family               104
                                            relationships of members of the Board of Directors and members
                                            of the Board of Commissioners with other members of the Board
                                            of Directors, other members of the Board of Commissioners, and/
                                            or controlling shareholders of the Bank.

                                         8. Changes in the composition of members of the Board of Directors                           SEOJK 16
                                            and reasons for the changes. In the event that there is no change in
                                                                                                                       104-106
                                            the composition of the members of the Board of Directors, this will
                                            be disclosed.

 Profile of the Board of Commissioners   Profile of the Board of Commissioners, at least contains:                                    SEOJK 10
                                                                                                                                      SEOJK 16

                                         1. Name and position.                                                         107-118

                                         2. Latest photos.                                                             107-118

                                         3. Age.                                                                       107-118

                                         4. Citizenship.                                                               107-118

                                         5. Educational history and/or certification.                                  107-118

                                         6. Position history, including information on:                                107-118

                                             a. The legal basis for appointment as a member of the Board of
                                                                                                                       107-118
                                                Directors of the Issuer or Public Company concerned

                                             b. Legal basis for the first appointment as a member of the Board
                                                of Commissioners who is an independent commissioner of the             107-118
                                                Issuer or Public Company concerned.

                                             c. Concurrent positions, both as members of the Board of
                                                Directors, members of the Board of Commissioners, and/or
                                                committee members as well as other positions both inside
                                                                                                                       107-118
                                                and outside the Issuer or Public Company. In the event that
                                                members of the Board of Directors do not have concurrent
                                                positions, then this is disclosed.

                                             d. Work experience and time period both inside and outside the
                                                                                                                       107-118
                                                Issuer or Public Company.

                                         7. Affiliation with other members of the Board of Directors, members                         SEOJK 10
                                            of the Board of Commissioners, major shareholders and controllers,                        SEOJK 13
                                            either directly or indirectly to individual owners, including names of                    SEOJK 16
                                            affiliated parties.                                                                       POJK 17
                                             In the event that members of the Board of Directors have no
                                                                                                                          119
                                             affiliation, the Issuer or Public Company shall disclose this.
                                             Financial relationships and family relationships of members of the
                                             Board of Directors and members of the Board of Commissioners with
                                             other members of the Board of Directors, other members of the Board
                                             of Commissioners, and/or controlling shareholders of the Bank.

                                         8. Statement of independence of the independent commissioner in                              SEOJK 16
                                            the event that the independent commissioner has served more              Not Applicable
                                            than 2 (two) terms.

                                         9. Changes in the composition of members of the Board of Directors                           SEOJK 16
                                            and reasons for the changes. In the event that there is no change in
                                                                                                                       119-121
                                            the composition of the members of the Board of Directors, this will
                                            be disclosed.

 Sharia Supervisory Board Profile        Includes at least:

                                         1. DPS composition, as well as position and curriculum vitae summary.                        SEOJK 10
                                            In the event that there is a change in the composition of the DPS
                                            members that occurs after the Fiscal Year ends up to the deadline
                                                                                                                       122-127
                                            for submitting financial publication reports and annual financial
                                            performance information, the composition listed is the composition
                                            of the DPS before and after the change

                                         2. Latest photo;                                                              122-127




      PT Bank Syariah Indonesia Tbk
510 2024 Annual Report
Page 513
               Criteria                                          Explanation                                         Page           Regulations

                                    3. Age;                                                                         122-127

                                    4. Citizenship;                                                                 122-127

                                    5. Educational history;                                                         122-127

                                    6. Position history, including information:
                                        (i) Number and date of the deed of ratification, approval and/or
                                              recording from the authorized agency for appointment as a
                                                                                                                    122-127
                                              DPS member;
                                        (ii) Concurrent position of DPS member (if any); And
                                        (iii) Experience and period of work, both inside and outside BUS;

                                    7. Education and/or training that DPS members have attended during
                                                                                                                      128
                                       the Financial Year (if any).

Executive officer brief profile     Including the composition of executive officers along with their                              SEOJK 10
                                                                                                                    130-134
                                    positions and a summary of Curriculum Vitae.

Number of employees and employee    Data on employee competency development that has been carried out                             SEOJK 10
competency development data.        in the financial year consisting of parties (position levels) who attended                    SEOJK 16
                                    training, types of training, and training objectives as well as equal
                                    opportunities for all employees.                                                135-136

                                    Employee competency development costs that have been incurred in
                                    the financial year.

Shareholder composition             Names of shareholders and percentage of ownership at the beginning                            SEOJK 10
                                    and end of the financial year, which consists of information regarding:                       SEOJK 16
                                                                                                                                  POJK 17

                                    1. Shareholders who own 5% (five percent) or more shares of Issuers
                                                                                                                      140
                                       or Public Companies.

                                    2. Members of the Board of Directors and members of the Board of
                                       Commissioners who own shares of Issuers or Public Companies.
                                       In the event that all members of the Board of Directors and/or all           142-143
                                       members of the Board of Commissioners do not own shares, then
                                       this matter shall be disclosedthe.

                                    3. shares by members of the Board of Directors and members of the
                                       Board of Commissioners at the beginning and end of the financial
                                       year, including information regarding shareholders who are
                                       registered in the register of shareholders for the benefit of indirect
                                       ownership by members of the Board of Directors and members
                                       of the Board of Commissioners. In the event that all members
                                       of the Board of Directors and/or all members of the Board of
                                       Commissioners do not have indirect ownership of the shares of the            142-143
                                       Issuer or Public Company, then this matter must be disclosed.
                                       Directors and commissioners who own Shares (Directors and
                                       Board of Commissioners/Supervisory Board must report to the
                                       company regarding their and/or family’s share ownership in the
                                       company concerned and other companies, including any changes
                                       thereto).

                                    4. Group of public shareholders, namely groups of shareholders who                            SEOJK 16
                                       each own less than 5% (five percent) of the shares of the Issuer or            141
                                       Public Company.

                                    5. Number of shareholders and percentage of ownership at the end of                           SEOJK 16
                                       the financial year based on classification:

                                       a. Ownership of local institutions.                                            143

                                       b. Ownership of foreign institutions.                                          143

                                       c. Local individual ownership.                                                 143

                                       d. Foreign individual ownership.                                               143

                                    The above information can be presented in tabular form.

Major and controlling shareholder   Information regarding major shareholders and controllers of Issuers or                        SEOJK 10
                                    Public Companies, either directly or indirectly, up to individual owners,         144         SEOJK 16
                                    presented in the form of a schematic or chart.




                                                                                                                 PT Bank Syariah Indonesia Tbk
                                                                                                                          2024 Annual Report
                                                                                                                                                 511
Page 514
                Criteria                                                 Explanation                                       Page       Regulations

 List of associate subsidiaries, venture   Names of subsidiaries, associated companies, joint venture companies                     SEOJK 10
 companies                                 where the Issuer or Public Company has joint control of the entity (if                   SEOJK 16
                                           any), along with the percentage of share ownership, line of business,
                                           total assets, and operating status of subsidiaries, associated companies,       144
                                           joint venture companies.
                                           For subsidiaries, information regarding the address of the subsidiary
                                           is added.

 Information related to the BUS            Banks that are part of a business group and/or have Subsidiaries, must                   SEOJK 10
                                           add:

                                           The structure of the BUS which includes:

                                           a. The structure of the BUS consists of the BUS, Subsidiaries, sister
                                                                                                                           145
                                              companies, Parent Entity up to the ultimate shareholder.

                                           b. Management linkage structure within the BUS.                                 145

                                           c. Shareholders acting on behalf of other shareholders. The definition
                                              of a shareholder acting on behalf of another shareholder is an
                                                                                                                           145
                                              individual shareholder or an entity that has the common goal of
                                              controlling the BUS, based on or not based on an agreement.

 Share listing chronology                  Chronology of share listing, number of shares, number of listed shares                   SEOJK 16
                                           after each corporate action, nominal value, and offering price from the
                                           beginning of listing to the end of the financial year as well as the name
                                           of the stock exchange where the Issuer’s or Public Company’s shares
                                                                                                                          146-147
                                           are listed, including stock splits ( stock split), merger of shares (reverse
                                           stock), stock dividends, bonus shares, and changes in the nominal
                                           value of shares, implementation of conversion effects, implementation
                                           of capital additions and reductions (if any).

 Information on the listing of other       Information on the listing of other securities that are not yet due in                   SEOJK 16
 securities                                the financial year at least contains the names of the securities, the
                                           type of corporate action that causes a change in the number of other
                                                                                                                          146-148
                                           securities, year of issue, interest rate/yield, maturity date, offering
                                           value, name of stock exchange where other securities are listed, and
                                           securities rating (if any).

 Information on the use of public          Information on the use of public accounting services (AP) and public                     SEOJK 16
 accounting services (AP) and public       accounting firms (KAP) and their networks/associations/alliance
 accounting firms (KAP)                    includes:

                                           1. Name and address.                                                            148

                                           2. Assignment period.                                                           148

                                           3. Information on audit and/or non-audit services provided.                     148

                                           4. Audit and/or non-audit service fees for each assignment given
                                                                                                                           148
                                              during the financial year.

                                           5. In the event that the designated AP and KAP and their network/
                                              association/alliance do not provide non-audit services, then the             148
                                              information shall be disclosed.

                                           Disclosure of information on the use of AP and KAP services and their
                                           networks/associations/alliances can be presented in tabular form.

 Name and address of supporting            Names and addresses of capital market supporting institutions and/or           149-150   SEOJK 16
 institution and/or profession.            professions other than AP and KAP.                                                       SEOJK 10


 Awards and Certifications.                Information includes, among others:                                                      SEOJK 10

                                           1. Name of award and/or certification (national and international
                                                                                                                          151-154
                                              scale).

                                           2. Year of award and/or certification.                                         151-154

                                           3. Awarding and/or certification bodies.                                       151-154

                                           4. Validity period (for certification).                                         154




      PT Bank Syariah Indonesia Tbk
512 2024 Annual Report
Page 515
               Criteria                                                  Explanation                                       Page           Regulations

MANAGEMENT DISCUSSION AND ANALYSIS OF THE COMPANY’S PERFORMANCE

Bank Strategic Plan                       1. Long term plan (corporate plan).                                                 -         SEOJK 13
                                                                                                                                        POJK 17
                                          2. Medium and short term plans (business plan).                                   164

Operational review per business           Operational review per business segment according to the type of                              SEOJK 10
segment                                   industry of the Issuer or Public Company, at least concerning:                                SEOJK 16

                                          1. Explanation of each business segment.                                        170-176

                                          2. Performance per business segment, among others:

                                              a. Production, which includes process, capacity, and development.           171-176

                                              b. Increase/decrease in production capacity.                                171-176

                                              c. Sales/business income.                                                   171-176

                                              d. Profitability.                                                           171-176

Description of the company’s              Comprehensive financial performance which includes a comparison of                            SEOJK 10
financial performance                     financial performance in the last 2 (two) financial years (in the form of                     SEOJK 16
                                          narratives and tables), an explanation of the causes of the changes and
                                          the impact of these changes, at least concerning:

                                          1. Current assets, non-current assets, and total assets.                        178-179,
                                                                                                                          182-183

                                          2. Short term liabilities, long term liabilities and total liabilities.         180-181,
                                                                                                                          183-184

                                          3. Funding (investment and giving credit/financing).                          178-179, 182

                                          4. Third party funds and other funding sources.                                 180-181,
                                                                                                                          183-184

                                          5. Equity.                                                                      181, 184

                                          6. Income/sales, expenses, profit (loss), other comprehensive income,
                                                                                                                          185-187
                                             and total comprehensive profit (loss).

                                          7. Cash flow.                                                                   188-189

Analysis of the quality of earning                                                                                                      SEOJK 10
                                                                                                                          196-201
assets and relevant financial ratios.

Discussion and analysis of the ability    Explanation of:                                                                               SEOJK 16
to pay debts and the collectability
of the company’s receivables, by          1. Ability to pay debts, both short term (liquidity) and long term
                                                                                                                            195
presenting the calculation of the            (solvability).
relevant ratio according to the type of   2. Receivables collectibility level.
                                                                                                                            196
company’s industry.

Discussion on capital structure and       Top explanation:                                                                              SEOJK 16
management policies on capital
structure (capital structure policy).     1. Details of the capital structure (capital structure), which consists of
                                                                                                                          200-203
                                             interest-based debt/sukuk and equity.

                                          2. Management policies on capital structure (capital structure
                                                                                                                            203
                                             policies).

                                          3. Basis for selection of management policies.                                    203

Discussion on material commitments        Explanation of:                                                                               SEOJK 16
for capital goods investment (not
funding commitments) in the last          1. The name of the party making the bond.                                         241
financial year.                           2. The purpose of the bond.                                                       241

                                          3. Source of funds expected to fulfill these ties.                                241

                                          4. The currency to be denominated.                                                241

                                          5. The steps the company plans to take to protect against risks from
                                                                                                                            241
                                             related foreign currency positions.

                                          Notes: if the company has no ties related to investment in capital
                                          goods in the last financial year to be disclosed.




                                                                                                                       PT Bank Syariah Indonesia Tbk
                                                                                                                                2024 Annual Report
                                                                                                                                                       513
Page 516
                Criteria                                                 Explanation                                     Page       Regulations

 Discussion on investment in capital       Explanation of:                                                                        SEOJK 16
 goods realized in the last financial
                                           1. Types of investment in capital goods.                                     241-242
 year.
                                           2. The purpose of investing in capital goods.                                 242

                                           3. Investment value of capital goods issued in the last financial year.      241-242

                                           Notes: if there is no realization of investment in capital goods, so that
                                           it is disclosed.

 Description of the company’s              The business prospects of Issuers or Public Companies are linked to          244-245   SEOJK 16
 business prospects.                       industry conditions, the general economy and international markets
                                           accompanied by quantitative supporting data from reliable data
                                           sources.

 Comparative information between           Comparison between targets/projections at the beginning of the                         SEOJK 16
 targets at the beginning of the           financial year with the results achieved (realization), regarding:
 financial year with the results
                                           1. Sales revenue.                                                             246
 achieved (realization), and targets or
 projections to be achieved for the        2. Profit and loss.                                                           246
 next year.
                                           3. Capital structure.                                                        246-247

                                           4. Marketing.                                                                247-249

                                           5. HR Development.                                                            249

                                           6. Other matters deemed important by the Issuer or Public Company.            246

                                           Targets/projections to be achieved by Issuers or Public Companies for
                                           the next 1 (one) year, regarding:

                                           1. Sales revenue.                                                             250

                                           2. Profit and loss.                                                             -

                                           3. Capital structure.                                                           -

                                           4. Dividend policy.                                                           250

                                           5. Marketing.                                                                251-253

                                           6. HR Development                                                             253

                                           7. Other matters deemed important by the Issuer or Public Company.            250

 Description of the marketing aspect.      Marketing aspects of the Issuer’s or Public Company’s goods and/or                     SEOJK 10
                                           services, at least regarding marketing strategy and market share.                      SEOJK 16

 Description of dividends for the last 2   Description of dividends for the last 2 (two) financial years, at least:               SEOJK 16
 (two) financial years.
                                           1. The dividend policy, among other things, contains information
                                              on the percentage of the amount of dividends distributed to net           253-254
                                              income.

                                           2. Cash dividend payment date and/or non-cash dividend distribution
                                                                                                                         254
                                              date.

                                           3. Amount of dividends per share (cash and/or non-cash).                      254

                                           4. The amount of dividends per year paid.                                     254

                                           Notes: if there is no distribution of dividends, please state the reasons.

 Realization of the use of proceeds        Contains descriptions of:                                                              SEOJK 16
 from the public offering (in the event
 that the company is still required to
                                           1. Total proceeds.                                                           254-256
 submit a report on the realization of
 the use of funds)                         2. Fund usage plan.                                                          254-256

                                           3. Details of use of funds.                                                  254-256

                                           4. Fund balance.                                                             254-256




      PT Bank Syariah Indonesia Tbk
514 2024 Annual Report
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               Criteria                                                  Explanation                                         Page           Regulations

                                           5. The date of approval of the GMS/RUPO for changes in the use of
                                              funds (if any).

                                                a. In the event that during the financial year, the Issuer has an
                                                   obligation to submit a report on the realization of the use of
                                                                                                                            254-256
                                                   funds, the cumulative realization of the use of proceeds from
                                                   public offerings until the end of the financial year is disclosed.

                                                b. In the event that there is a change in the use of funds as
                                                   stipulated in the Financial Services Authority Regulation
                                                                                                                            254-256
                                                   regarding the report on the realization of the use of funds from
                                                   a public offering, the Issuer shall explain the change.

                                           Note: if you do not have information on the realization of the use of
                                           proceeds from a public offering, please disclose it.

Material information (if any), including   Contains descriptions of:
investment, expansion, divestment,
                                           a. Date, value, and transaction object.                                        256-257, 263
business merger/consolidation,
acquisition, debt/ capital                 b. The name of the party conducting the transaction.                             259-262
restructuring, material transactions,
affiliated transactions, and conflict of   c. Nature of the affiliation relationship (if any).                              259-262
interest transactions.
                                           d. Explanation of the fairness of the transaction.                               258, 263

                                           e. Fulfillment of related provisions.                                            258, 263

                                           f.   In the event that there is an affiliation relationship, apart from
                                                disclosing the information referred to in number a) through number
                                                f), the Issuer or Public Company also discloses information:

                                                1) The Board of Directors’ statement that affiliated transactions
                                                   have gone through adequate procedures to ensure that
                                                   affiliated transactions are carried out in accordance with               258, 263
                                                   generally accepted business practices, among others, carried
                                                   out by fulfilling the arm’s length principle.

                                                2) The role of the Board of Commissioners and the audit
                                                   committee in carrying out adequate procedures to ensure
                                                   that affiliated transactions are carried out in accordance with          258, 263      SEOJK 16
                                                   generally accepted business practices, among others, is carried                        SEOJK 13
                                                   out by fulfilling the arm’s length principle.

                                           g. For affiliate transactions or material transactions which are
                                              business activities carried out in order to generate business income
                                              and are carried out routinely, repeatedly and/or continuously, an
                                              explanation is added that the affiliated transactions or material
                                              transactions are business activities carried out in order to generate
                                              business income and are carried out routinely, repeatedly, and/or             258, 263
                                              continuously.
                                                In the case of affiliated transactions or material transactions
                                                referred to have been disclosed in the annual financial statements,
                                                information is added regarding references to disclosure in the said
                                                annual financial statements.

                                           h. For disclosure of affiliated transactions and/or conflict of interest
                                              transactions which are the result of the implementation of
                                              affiliated transactions and/or conflict of interest transactions that
                                                                                                                            258, 263
                                              have been approved by independent shareholders, information is
                                              added regarding the date of the GMS that approves the affiliated
                                              transactions and/or conflict of interest transactions.

                                           i.   In the event that there are no affiliated transactions and/or conflict
                                                                                                                              258
                                                of interest transactions, then this is disclosed.

Description of changes to laws and         The description contains, among others:                                                        SEOJK 16
regulations on companies in the last
                                           1. The names of the laws and regulations that have changed.                      264-265
financial year.
                                           2. The impact (quantitative and/or qualitative) on the company (if
                                                                                                                            264-265
                                              significant) or the statement that the impact is not significant.

                                           Notes: if there is no change in laws and regulations in the last financial
                                           year, so that it is disclosed.




                                                                                                                         PT Bank Syariah Indonesia Tbk
                                                                                                                                  2024 Annual Report
                                                                                                                                                         515
Page 518
               Criteria                                               Explanation                                   Page       Regulations

 Description of changes in accounting    The description contains, among others:                                             SEOJK 16
 policies implemented by the company
                                         1. Changes in accounting policies.                                         266
 in the last financial year.
                                         2. Reasons for changes in accounting policies.                             266

                                         3. Quantitative impact on financial statements.                            266

                                         Notes: If there is no change in accounting policy in the last financial

 Report On Distribution of Fund
                                                                                                                   192-194   SEOJK 10
 Raising Profit Sharing.

 Report on sources and distribution of
                                                                                                                    191      SEOJK 10
 zakat and waqf funds.

 Statements of Sources and Uses of
                                                                                                                    192      SEOJK 10
 Qardhul Hasan Funds.

 Information on Risk Exposure and        Risk exposure and capital includes annual period risk and capital
 Capital.                                exposure reports as stipulated in part II of the Publication Report on    203-241   SEOJK 10
                                         risk and capital exposure.

 GOOD CORPORATE GOVERNANCE

 GMS.                                    Information regarding GMS resolutions in the financial year and 1 (one)             SEOJK 16
                                         year before the financial year includes:

                                         a. GMS resolutions in the financial year and 1 (one) year prior to the
                                                                                                                   299-307
                                            financial year realized in the financial year.

                                         b. GMS decisions in the financial year and 1 (one) year prior to the
                                            financial year that have not been realized along with the reasons      299-307
                                            for not being realized.

                                         In the event that an Issuer or Public Company uses an independent
                                         party in the implementation of the GMS to carry out the vote count, it
                                         shall be disclosed regarding this matter.

 Directors.                              1. Duties and responsibilities of each member of the Board of                       PBI 11
                                            Directors. Information regarding the duties and responsibilities of              SEOJK 16
                                                                                                                    308
                                            each member of the Board of Directors is described and can be                    POJK 17
                                            presented in tabular form.

                                         2. Statement that the Board of Directors has a guideline or charter                 SEOJK 16
                                                                                                                    309
                                            (charter) of the Board of Directors.

                                         3. Policy and implementation of the frequency of meetings of the                    SEOJK 16
                                            Board of Directors, meetings of the Board of Directors with the
                                            of Commissioners, and the level of attendance of members of the
                                            Board of Directors at these meetings including attendance at the
                                                                                                                   309-321
                                            GMS. Information on the level of attendance of members of the
                                            Board of Directors at meetings of the Board of Directors, meetings
                                            of the Board of Directors with the Board of Commissioners or GMS
                                            can be presented in tabular form.

                                         4. Training and/or competency improvement for members of the                        SEOJK 16
                                            Board of Directors:

                                            a. Policy on training and/or competency improvement for
                                               members of the Board of Directors, including an orientation
                                                                                                                    321
                                               program for newly appointed members of the Board of
                                               Directors (if any).

                                            b. Training and/or competency improvement attended by
                                                                                                                   321-327
                                               members of the Board of Directors in the financial year (if any).

                                         5. The Board of Directors’ assessment of the performance of the                     SEOJK 16
                                            committees that support the implementation of the duties of the
                                            Board of Directors in the financial year contains at least:

                                            a. Performance appraisal procedures.                                    328

                                            b. The criteria used include performance achievements during the
                                                                                                                    328
                                               financial year, competence and attendance at meetings.

                                         In the event that the Issuer or Public Company does not have a
                                         committee that supports the implementation of the duties of the
                                         Board of Directors, this will be disclosed.




      PT Bank Syariah Indonesia Tbk
516 2024 Annual Report
Page 519
              Criteria                                            Explanation                                        Page           Regulations

                                      6. Members of the Board of Commissioners who reach 5% (five                   375-376       PBI 11
                                         percent) or more of paid-up capital, which includes the type and                         POJK 17
                                         number of shares in:
                                         a. The bank in question.
                                         b. other banks.
                                         c. Non-bank financial institutions.
                                         d. Other companies domiciled both inside and outside the
                                            country.

Board of Commissioners.               1. Duties and responsibilities of the Board of Commissioners.                               PBI 11
                                                                                                                    329-330       SEOJK 16
                                                                                                                                  POJK 17

                                      2. Statement that the Board of Commissioners has guidelines or                              SEOJK 16
                                                                                                                      332
                                         charter of the Board of Commissioners.

                                      3. Policy and implementation of the frequency of meetings of the                            PBI 11
                                         Board of Commissioners, meetings of the Board of Commissioners                           SEOJK 16
                                         with the Board of Directors and the level of attendance of members
                                         of the Board of Commissioners at these meetings including
                                                                                                                    335-345
                                         attendance at the GMS. Information on the level of attendance of
                                         members of the Board of Commissioners at meetings of the Board of
                                         Commissioners, meetings between the Board of Commissioners and
                                         the Board of Directors, or GMS can be presented in tabular form.

                                      4. Training and/or competency improvement for members of the                                SEOJK 16
                                         Board of Commissioners:

                                         a. Policy on training and/or competency improvement for
                                            members of the Board of Commissioners, including an
                                                                                                                      345
                                            orientation program for newly appointed members of the
                                            Board of Commissioners (if any).

                                         b. Training and/or competency improvement attended by members
                                                                                                                    345-351
                                            of the Board of Commissioners in the financial year (if any).

                                      5. Assessment of the performance of the Board of Directors and the Board                    SEOJK 16
                                         of Commissioners as well as each member of the Board of Directors and
                                         members of the Board of Commissioners, contains at least:

                                         a. Procedure for implementing performance appraisal.                       353, 355

                                         b. The criteria used include performance achievements during the
                                                                                                                    354, 355
                                            financial year, competence and attendance at meetings.

                                         c. The party making the assessment.                                        354-355

                                      6. The Board of Commissioners’ assessment of the performance of                             SEOJK 16
                                         the Committees that support the implementation of the duties of
                                         the Board of Commissioners in the financial year includes:

                                         a. Performance appraisal procedures.                                       356-357

                                         b. The criteria used include performance achievements during the
                                                                                                                    356-357
                                            financial year, competence and attendance at meetings.

Nomination and remuneration of        Least load:
the Board of Directors and Board of
                                      1. Nomination procedures, including a brief description of the policies                     SEOJK 16
Commissioners.
                                         and nomination process for members of the Board of Directors                 370
                                         and/or members of the Board of Commissioners.

                                      2. Procedures and implementation of remuneration for the Board of                           SEOJK 16
                                         Directors and Board of Commissioners, including:

                                         a. Procedure for determining remuneration for the Board of
                                                                                                                    370-371
                                            Directors and Board of Commissioners.

                                         b. Disclosure of indicators for determining the remuneration of
                                                                                                                      371
                                            the Board of Directors.

                                         c. The remuneration structure for the Board of Directors and the
                                            Board of Commissioners such as salaries, allowances, bonuses/
                                            bonuses and others; And
                                                                                                                      371
                                      Notes: if there are no performance bonuses, non performance
                                      bonuses and stock options received by each member of the Board of
                                      Commissioners and Board of Directors, to be disclosed.

                                         d. The amount of remuneration for each member of the Board of
                                            Directors and members of the Board of Commissioners;                        -
                                             Disclosure of information can be presented in tabular form.


                                                                                                                 PT Bank Syariah Indonesia Tbk
                                                                                                                          2024 Annual Report
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Page 520
                Criteria                                                Explanation                                  Page       Regulations

 Sharia supervisory board, for Issuers     Least load:                                                                        SEOJK 16
 or Public Companies that carry out                                                                                           PBI 11
                                           a. Name.                                                                  358
 business activities based on sharia
 principles as stated in the articles of   b. The legal basis for the appointment of the Sharia Supervisory
 association.                                                                                                        358
                                              Board.

                                           c. The assignment period of the Sharia Supervisory Board.                 358

                                           d.   Duties and responsibilities of the Sharia Supervisory Board.         358

                                           e. Frequency and method of providing advice and suggestions as
                                              well as monitoring compliance with sharia principles in the capital   366-369
                                              market to Issuers or Public Companies.

 Audit Committee.                          1. Name and title in the membership of the committee.                    380-382   SEOJK 16
                                                                                                                              POJK 17
                                           2. Age.                                                                  380-382

                                           3. Citizenship.                                                          380-382

                                           4. Educational background.                                               380-382

                                           5. Position history, including information on:

                                                a. Legal basis for appointment as committee member.                 380-382

                                                b. Concurrent positions, both as members of the Board of
                                                   Commissioners, members of the board of directors, and/or         380-382
                                                   committee members and other positions (if any).

                                                c. Work experience and time period both inside and outside the
                                                                                                                    380-382
                                                   issuer or public company.

                                           6. Period and tenure of audit committee members.                         380-382

                                           7. Description of duties and responsibilities.                           378-379

                                           8. Audit committee independence statement.                                383

                                           9. Training and/or competency improvement that has been attended
                                                                                                                     384
                                              in the financial year (if any).

                                           10. Policy and implementation of the frequency of audit committee                  PBI 11
                                               meetings and the level of attendance of audit committee members      384-387   SEOJK 16
                                               at these meetings.                                                             POJK 17

                                           11. Implementation of audit committee activities in the financial year
                                               according to what is stated in the audit committee guidelines or      387
                                               charter.

 Issuer or Public Company nomination       Least load:
 and remuneration committee or
                                           1. Name and title in the membership of the committee.                              SEOJK 16
 function.                                                                                                          389-390
                                                                                                                              POJK 17

                                           2. Age.                                                                  389-390

                                           3. Citizenship.                                                          389-390

                                           4. Educational background.                                               389-390

                                           5. Position history, including information on:

                                                a. Legal basis for appointment as committee member.                 389-390

                                                b. Concurrent positions, both as members of the Board of
                                                   Commissioners, members of the board of directors, and/or         389-390
                                                   committee members and other positions (if any).

                                                c. Work experience and time period both inside and outside the
                                                                                                                    389-390
                                                   issuer or public company.

                                           6. Period and tenure of committee members.                               389-390

                                           7. Committee independence statement.                                      391

                                           8. Training and/or competency improvement that has been attended
                                                                                                                     392
                                              in the financial year (if any).

                                           9. Description of duties and responsibilities.                            388

                                           10. Statement that already has a guideline or charter.                    388




      PT Bank Syariah Indonesia Tbk
518 2024 Annual Report
Page 521
               Criteria                                              Explanation                                       Page           Regulations

                                       11. Policy and implementation of the frequency of meetings and the
                                                                                                                      392-393
                                           level of attendance of members at these meetings.

                                       12. A brief description of the implementation of activities in the
                                                                                                                        393
                                           financial year.

                                       In the event that a nomination and remuneration committee is not
                                       formed, it is sufficient for the Issuer or Public Company to disclose the
                                       information referred to in letter i) to letter l) and disclose:

                                       1. The reasons for not forming the committee

                                       2. Parties carrying out nomination and remuneration functions.

Other committees owned by Issuers      Least load:                                                                                  SEOJK 16
or Public Companies in order to                                                                                                     POJK 17
                                       1. Name and title in the membership of the committee.                          397-399
support the functions and duties of
the Board of Directors (if any) and/   2. Age.                                                                        397-399
or committees that support the
functions and duties of the Board of   3. Citizenship.                                                                397-399
Commissioners.
                                       4. Educational background.                                                     397-399

                                       5. Position history, including information on:

                                            a. Legal basis for appointment as committee member.                       397-399

                                            b. Concurrent positions, both as members of the Board of
                                               Commissioners, members of the board of directors, and/or               397-399
                                               committee members and other positions (if any).

                                            c. Work experience and time period both inside and outside the
                                                                                                                      397-399
                                               issuer or public company.

                                       6. Period and tenure of committee members.                                     397-399

                                       7. Committee independence statement.                                             400

                                       8. Training and/or competency improvement that has been attended
                                                                                                                      401-402
                                          in the financial year (if any).

                                       9. Description of duties and responsibilities.                                 395-396

                                       10. Statement that already has a guideline or charter.                           396

                                       11. Policy and implementation of the frequency of meetings and the
                                                                                                                      402-407
                                           level of attendance of members at these meetings.

                                       12. A brief description of the implementation of activities in the
                                                                                                                        407
                                           financial year.

Company secretary.                     1.   Name.                                                                       410         SEOJK 16

                                       2. Domicile.                                                                     410

                                       3. Position history, including:

                                            a. Legal basis for appointment as company secretary.                        410

                                            b. Work experience and time period both inside and outside the
                                                                                                                        410
                                               issuer or public company.

                                       4. Educational background.                                                       410

                                       5. Training and/or competency improvement attended in the financial
                                                                                                                        411
                                          year.

                                       6. Brief description of the implementation of the duties of the
                                                                                                                        411
                                          corporate secretary in the financial year.

Internal Audit Unit.                   1. Name of the head of the internal audit unit.                                  413         SEOJK 16
                                                                                                                                    POJK 17
                                       2. Position history, including:

                                            a. Legal basis for appointment as company secretary.                        413

                                            b. Work experience and time period both inside and outside the
                                                                                                                        413
                                               issuer or public company.

                                       3. Qualification or certification as internal audit profession (if any).         413




                                                                                                                   PT Bank Syariah Indonesia Tbk
                                                                                                                            2024 Annual Report
                                                                                                                                                   519
Page 522
                Criteria                                                Explanation                                    Page       Regulations

                                          4. Number of employees (internal auditors) in the internal audit unit.       415

                                          5. Training and/or competency improvement attended in the financial
                                                                                                                       414
                                             year.

                                          6. The structure and position of the internal audit unit.                   411-412

                                          7. Description of duties and responsibilities.                               414

                                          8. A statement that the internal audit unit has guidelines or charters.      414

                                          9. A brief description of the implementation of the duties of the
                                             internal audit unit in the financial year including the policy and
                                                                                                                       417
                                             implementation of the frequency of meetings with the directors,
                                             board of commissioners and/or the audit committee.

 Public Accountant.                       1. The name and year of the public accountant who audited the                         POJK 17
                                                                                                                       436
                                             annual financial statements for the last 5 years.

                                          2. The name and year of the public accountant who audited the
                                                                                                                       436
                                             annual financial statements for the last 5 years.

                                          3. The amount of the fee for each type of service provided by the
                                                                                                                       436
                                             Public Accounting Firm in the last financial year.

                                          4. Other services provided by the Public Accounting Firm and public
                                             accountants in addition to auditing the annual financial statements       436
                                             for the last financial year.

                                          Notes: if there is no other service in question, so that it is disclosed.

 Description of the internal control      1. Financial and operational control, as well as compliance with other                SEOJK 16
                                                                                                                      439-440
 system implemented by the issuer or         laws and regulations.
 public company.
                                          2. Review of the effectiveness of the internal control system.               441

                                          3. Statement of the Board of Directors and/or Board of Commissioners                  SEOJK 16
                                                                                                                       441
                                             regarding the adequacy of the internal control system.

 Risk management system                   1. General description of the Issuer’s or Public Company’s risk                       SEOJK 16
                                                                                                                      443-446
 implemented by Issuers or Public            management system.
 Companies.
                                          2. Types of risk and how to manage them.                                    446-452

                                          3. Review of the effectiveness of the Issuer’s or Public Company’s risk
                                                                                                                       452
                                             management system.

                                          4. Statement of the Board of Directors and/or Board of Commissioners                  SEOJK 16
                                             or the audit committee on the adequacy of the risk management             453
                                             system.

 Compliance function.                     The level of the Bank’s compliance with all provisions and laws and                   PBI 11
                                          regulations as well as fulfillment of commitments with the competent        453-456   POJK 17
                                          authorities.

 Legal cases with a material impact       1. Main case/lawsuit.                                                       458-460   SEOJK 16
 faced by issuers or public companies,
 subsidiaries, members of the board of    2. Case/lawsuit settlement status.                                          458-460
 directors and members of the board       3. The impact on the condition of issuers or public companies. The
 of commissioners (if any).                  risks faced by the company and the nominal value of claims/              458-460
                                             lawsuits.

                                          4. Disclosure regarding legal issues at least includes:
                                             a. he number of civil and criminal cases faced and decisions that
                                                have permanent legal force.
                                             b. the number of civil and criminal matters faced and still in the
                                                process of being resolved.                                             458      PBI 11

                                          Notes: in the event that the company, subsidiaries, members of the
                                          Board of Commissioners and members of the Board of Directors do
                                          not have important matters, this must be disclosed.

 Information on administrative
 sanctions/sanctions imposed on
 issuers or public companies, board
 members commissioners and
                                                                                                                      460-462   SEOJK 16
 members of the board of directors,
 by the Financial Services Authority
 and other authorities in the financial
 year (if any).




      PT Bank Syariah Indonesia Tbk
520 2024 Annual Report
Page 523
              Criteria                                              Explanation                                      Page           Regulations

Information regarding the code of       1. Principles of the code of ethics.                                        474-475       SEOJK 16
ethics of Issuers or Public Companies
                                        2. Forms of dissemination of the code of ethics and enforcement
                                                                                                                    475-476
                                           efforts

                                        3. Statement that the code of ethics applies to members of the
                                           Board of Directors, members of the Board of Commissioners, and             475
                                           employees of the Issuer or Public Company

Implementation of Governance in         1. Remuneration Committee                                                                 POJK 59
Providing Remuneration for Sharia          a. Name of members, composition, duties and responsibilities.
Commercial Bank.                           b. Number of meetings held.                                                430
                                           c. Remuneration that has been paid to members of the
                                              Remuneration Committee for 1 (one) year.

                                        2. Remuneration policy formulation process which includes:
                                           a. Review of the background and objectives of the Remuneration
                                              policy.
                                           b. Implementation of a review of the Remuneration policy in the          430-432
                                              previous year, along with its improvements.
                                           c. Mechanism to ensure that Remuneration for Employees in the
                                              control unit is independent from the work unit they supervise.

                                        3. Remuneration policy coverage and its implementation per business
                                           unit, per region and in subsidiaries or branch offices located             432
                                           overseas

                                        4. Remuneration is associated with risks that include:
                                           a. The main type of risk (key risk) used in implementing
                                              Remuneration.
                                           b. Criteria for determining the main types of risk, including for
                                              risks that are difficult to measure.                                  432-433
                                           c. The impact of determining the main risk on the Variable
                                              Remuneration policy.
                                           d. Changes in the determination of the main types of risk
                                              compared to last year and the reasons, if any.

                                        5. Performance measurement is associated with Remuneration which
                                           includes:
                                           a. Review of Remuneration policies linked to performance
                                               appraisal.
                                           b. The method of linking individual Remuneration with
                                               Bank performance, work unit performance and individual                 433
                                               performance.
                                           c. A description of the method used by the Bank to state that
                                               the agreed performance cannot be achieved, so it is necessary
                                               to make adjustments to remuneration and the amount of
                                               remuneration adjustments if this condition occurs.

                                        6. Remuneration Adjustment is related to Performance and Risk
                                           which includes:
                                           a. Policy regarding Variable Remuneration that is deferred, the
                                              amount, and the criteria for determining the amount.                    433
                                           b. The Bank’s policy regarding Variable Deferred Remuneration
                                              which is postponed for payment (malus), or withdrawn when it
                                              has been paid (clawback).

                                        7. The name of the external consultant and the duties of the
                                           consultant related to the Remuneration policy, if the Bank uses the        433
                                           services of an external consultant.

                                        8. The Remuneration Package and facilities received by the Board of
                                           Directors and Board of Commissioners include the Remuneration              434
                                           structure and details of the nominal amount.

                                        9. Variable Remuneration includes:
                                           a. Forms of Variable Remuneration along with the reasons for
                                               choosing this form. And
                                                                                                                      434
                                           b. An explanation if there are differences in the provision
                                               of Variable Remuneration among the Directors, Board of
                                               Commissioners and/or Employees.

                                        10. The number of Directors, Board of Commissioners and Employees
                                            who receive Variable Remuneration for 1 (one) year, and the total         434
                                            amount.




                                                                                                                 PT Bank Syariah Indonesia Tbk
                                                                                                                          2024 Annual Report
                                                                                                                                                 521
Page 524
               Criteria                                                  Explanation                               Page       Regulations

                                          11. Position and number of parties who are material risk takers.         434

                                          12. Shares optionowned by the Board of Directors, Board of
                                                                                                                   435
                                              Commissioners and Executive Officers.

                                          13. The ratio of the highest and lowest salaries                         435

                                          14. The number of beneficiaries and the total amount of Variable
                                              Remuneration guaranteed unconditionally will be given by the
                                              Bank to candidates for the Board of Directors, candidates for the    435
                                              Board of Commissioners, and/or prospective Employees during the
                                              first 1 (one) year of work

                                          15. The number of employees affected by termination of employment
                                                                                                                   435
                                              and the total amount of severance paid

                                          16. The total amount of deferred Variable Remuneration, which
                                              consists of cash and/or shares or share-based instruments issued     435
                                              by the Bank.

                                          17. The total amount of deferred Variable Remuneration paid for 1
                                                                                                                   435
                                              (one) year.

                                          18. Details of the amount of Remuneration given in one year include:
                                              a. Fixed or variable remuneration.
                                              b. Deferred and non-deferred remuneration.                           435
                                              c. Forms of Remuneration provided in cash and/or shares or
                                                 share-based instruments issued by the Bank.

                                          19. Quantitative information about:
                                              a. The total remaining Remuneration that is still suspended, both
                                                 exposed to implicit and explicit adjustments.
                                              b. Total reduction in Remuneration caused by explicit adjustments    435
                                                 during the reporting period.
                                              c. Total reduction in Remuneration caused by implicit adjustments
                                                 during the reporting period.

 A brief description of the policy        In terms of compensation in the form of management stock ownership                SEOJK 16
 of providing performance-based           program (MSOP) and/or employee stock ownership program (ESOP).
 longterm compensation to                 The information disclosed shall contain at least:
 management and/or employees
 owned by issuers or public companies     1. Number of shares and/or options.
 (if any), including but not limited
                                          2. Implementation period.
 to management stock ownership
                                                                                                                   477
 programs program ownership/MSOP)         3. Eligible employee and/or management requirements.
 and/or employee stock ownership
                                          4. The exercise price or the determination of the exercise price.
 program (ESOP).

 A brief description of the Information   1. Share ownership of members of the Board of Directors and                       SEOJK 16
 disclosure policy regarding                 members of the Board of Commissioners no later than 3 (three)
                                                                                                                  376-377
                                             working days after the ownership or any change in ownership of
                                             the shares of the Public Company.

                                          2. Implementation of the intended policy.                               376-377

 Uraian mengenai sistem pelaporan         1. How to submit a violation report.                                     477      SEOJK 16
 pelanggaran (whistleblowing system) di
 Emiten atau Perusahaan Publik.           2. Protection for reporters.                                             477

 Description of the whistleblowing        3. The handling of complaints.                                           478
 system at the Issuer or Public
                                          4. The party managing the complaint.                                     479
 Company.
                                          5. The results of handling complaints, at least:

                                             a. Number of complaints received and processed in the financial
                                                                                                                   479
                                                year.

                                             b. Complaint follow-up.                                               479

                                          In the event that an issuer or a public company does not have a
                                          whistleblowing system, this will be disclosed.




      PT Bank Syariah Indonesia Tbk
522 2024 Annual Report
Page 525
               Criteria                                               Explanation                                       Page           Regulations

Description of the Issuer’s or Public    1. Programs and procedures carried out in Overcoming corrupt                                SEOJK 16
Company’s anti-corruption policy.           practices, kickbacks, fraud, bribery and/or gratuities in Issuers or       479-481       POJK 17
                                            Public Companies.

                                         2. Anti-corruption training/socialization for employees of Issuers or
                                                                                                                       481-483
                                            Public Companies.

                                         In the event that the Issuer or Public Company does not have an
                                         anticorruption policy, the reasons for not having the said policy will
                                         be explained.

Handling conflicts of interest                                                                                                       PBI 11
                                                                                                                         483
                                                                                                                                     POJK 17

Maximum Fund Distribution Limit.                                                                                         484         PBI 11

Transparency of the Sharia                                                                                                           PBI 11
Commercial Bank and non-financial                                                                                                    POJK 17
                                                                                                                         485
conditions that have not been
disclosed in other reports.

List of consultants, advisors or                                                                                                     PBI 11
                                                                                                                         485
equivalent used by BUS.

Number of Deviations (Internal           Disclosure of irregularities (internal fraud) at least includes:                            PBI 11
Fraud).                                  1. Number of deviations (internal fraud) that have been resolved.
                                         2. The number of irregularities (internal fraud) that are in the process
                                            of being resolved internally at the bank.
                                                                                                                         485
                                         3. Number of irregularities (internal fraud) that have not been
                                            resolved internally at the bank.
                                         4. The number of irregularities (internal fraud) that have been
                                            followed up through the legal process.

Buy Back of Shares and/or Bank           1.   Policy in buying back shares or bonds of the Bank.                                     PBI 11
Bonds.                                   2.   Number of shares and/or bonds bought back.
                                                                                                                         485
                                         3.   Repurchase price per share and/or bond.
                                         4.   Increase in earnings per share and/or bonds.

Distribution of funds for social                                                                                                     PBI 11
activities both in amount and parties                                                                                  485-486
receiving funds.

Non-halal income and its use.                                                                                            486         PBI 11

Implementation of Public Company         1. Statement regarding        recommendations      that   have    been                      SEOJK 16
                                                                                                                       489-491
governance guidelines for Issuers           implemented and/or
that issue equity securities or Public
                                         2. Explanation of recommendations that have not been implemented,
Companies.
                                            accompanied by reasons and alternatives for implementation (if             491-493
                                            any).

                                         Pengungkapan informasi dapat disajikan dalam bentuk tabel. /
                                         Disclosure of information can be presented in tabular form.




                                                                                                                    PT Bank Syariah Indonesia Tbk
                                                                                                                             2024 Annual Report
                                                                                                                                                    523
Page 526
               Criteria                                           Explanation                                   Page     Regulations

 SOCIAL AND ENVIRONMENTAL RESPONSIBILITY OF THE ISSUER OR PUBLIC COMPANY

 Corporate Social Responsibility      1. The information disclosed in the social and environmental              506    SEOJK 16
                                         responsibility section is a Sustainability Report as intended in
                                         Financial Services Authority Regulation Number 51/POJK.03/2017
                                         concerning the Implementation of Sustainable Finance for Financial
                                         Services Institutions, Issuers and Public Companies, containing at
                                         least :

                                         a) Explanation of sustainability strategy.

                                         b) Overview of sustainability aspects (economic, social and
                                            environmental).

                                         c) Brief profile of the Issuer or Public Company.

                                         d) Directors’ Explanation.

                                         e) ustainability governance.

                                         f) Sustainability performance.

                                         g) Written verification from an independent party, if any.

                                         h) Feedback sheet for readers, if any.

                                         i)   The Issuer’s or Public Company’s response to feedback from
                                              the previous year’s report.

                                      2. Sustainability Report as referred to in number 1), must be prepared
                                         in accordance with the Technical Guidelines for Preparing
                                         Sustainability Reports for Issuers and Public Companies as stated in
                                         Appendix II which is an inseparable part of this Financial Services
                                         Authority Circular Letter.

                                      3. Sustainability Report information in number 1) can:

                                         a) Disclosed in other relevant sections outside the social and
                                            environmental responsibility section, such as the Directors’
                                            explanation regarding the Sustainability Report disclosed in the
                                            relevant section of the Directors’ Report; and/or

                                         b) Refer to other sections outside the social and environmental
                                            responsibility section while still referring to the Technical
                                            Guidelines for Preparing Sustainability Reports for Issuers
                                            and Public Companies as listed in Appendix II which is an
                                            inseparable part of this Financial Services Authority Circular
                                            Letter, such as the profile Issuer or Public Company.

                                      4. The Sustainability Report as referred to in number 1) is an
                                         inseparable part of the Annual Report but can be presented
                                         separately from the Annual Report.

                                      5. In the event that the Sustainability Report is presented separately
                                         from the Annual Report, the information disclosed in the
                                         Sustainability Report must:

                                         a) Contains all information as intended in number 1); And

                                         b) Prepared in accordance with the Technical Guidelines for
                                            Preparing Sustainability Reports for Issuers and Public
                                            Companies as stated in Appendix II which is an inseparable part
                                            of this Financial Services Authority Circular Letter.




      PT Bank Syariah Indonesia Tbk
524 2024 Annual Report
Page 527
Criteria                               Explanation                                      Page           Regulations

           6. If the Sustainability Report is presented separately from the
              Annual Report, then the social and environmental responsibility
              section contains information that information regarding social
              and environmental responsibility has been disclosed in the
              Sustainability Report which is presented separately from the
              Annual Report.

           7. Submission of a Sustainability Report which is presented separately
              with the Annual Report must be submitted simultaneously with the
              submission of the Annual Report.




                                                                                    PT Bank Syariah Indonesia Tbk
                                                                                             2024 Annual Report
                                                                                                                    525
Page 528
PT BANK SYARIAH INDONESIA TBK

LAPORAN KEUANGAN/
FINANCIAL STATEMENTS

PADA TANGGAL DAN UNTUK TAHUN-TAHUN
YANG BERAKHIR 31 DESEMBER 2024 DAN 2023/
AS AT AND FOR THE YEARS ENDED
31 DECEMBER 2024 AND 2023
Page 529

          
Page 530

          
Page 531

          
Page 532

          
Page 533

          
Page 534

          
Page 535

          
Page 536

          
Page 537

          
Page 538
                                                             PT BANK SYARIAH INDONESIA Tbk


LAPORAN KEUANGAN                                                                                                            FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                               31 DECEMBER 2024 DAN 2023



                                Daftar Isi                                                                          Table of Contents

                                                                                  Halaman/
                                                                                   Page


Laporan Auditor Independen                                                                                                  Independent Auditors’ Report

Laporan Posisi Keuangan ........................................                    1-4        ...………..……..... Statements of Financial Position

Laporan Laba Rugi dan Penghasilan Komprehensif                                                                                 Statements of Profit or Loss
    Lain ......................................................................      5         ..................... and Other Comprehensive Income

Laporan Perubahan Ekuitas .......................................                    6         ........................... Statements of Changes in Equity

Laporan Arus Kas .......................................................            7-8        ........................................ Statements of Cash Flows

Laporan Rekonsiliasi Pendapatan dan Bagi                                                                            Statements of Reconciliation of Income
    Hasil.....................................................................       9         .......................................... and Revenue Sharing

Laporan Sumber dan Penyaluran                                                                                   Statements of Sources and Distribution of
    Dana Zakat ..........................................................            10        ......................................................... Zakat Funds

Laporan Sumber dan Penggunaan Dana                                                                                        Statements of Sources and Uses of
    Kebajikan ...........................................................            11        ......................................... Qardhul Hasan Funds

Catatan atas Laporan Keuangan ...............................                     12 - 145     ……….…………. Notes to the Financial Statements



                                                                        ****************************
Page 539
                                             PT BANK SYARIAH INDONESIA Tbk

LAPORAN POSISI KEUANGAN                                                              STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2024 DAN 2023                                                                   31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah,                                                             (Expressed in millions of Rupiah,
kecuali dinyatakan lain)                                                                            unless otherwise stated)

                                    Catatan/
                                     Notes             2024                        2023

ASET                                                                                                                        ASSETS

KAS                                      4                   8,080,689                5,255,841                                CASH

                                                                                                       CURRENT ACCOUNTS AND
GIRO DAN PENEMPATAN                                                                                   PLACEMENTS WITH BANK
  PADA BANK INDONESIA                  2e, 5                49,966,279              32,440,778                   INDONESIA

                                                                                                       CURRENT ACCOUNTS AND
GIRO DAN PENEMPATAN                                                                                  PLACEMENTS WITH OTHER
  PADA BANK LAIN                     2f, 6, 44                                                                        BANKS
  Pihak ketiga                                               3,752,325                2,219,233                  Third parties
  Pihak berelasi                        2c                     128,549                  105,240                Related parties

Jumlah giro dan penempatan                                                                                Total current accounts and
  pada bank lain                                             3,880,874                2,324,473       placements with other banks
Cadangan kerugian penurunan nilai       2d                     (14,809)                 (20,745)     Allowance for impairment losses

Bersih                                                       3,866,065                2,303,728                                  Net

INVESTASI PADA                                                                                               INVESTMENTS IN
  SURAT BERHARGA                     2g, 7, 44                                                       MARKETABLE SECURITIES
  Pihak ketiga                                              24,134,169              25,738,013                   Third parties
  Pihak berelasi                        2c                  38,117,637              45,563,513                Related parties

Jumlah investasi pada                                                                                            Total investments in
  surat berharga                                            62,251,806              71,301,526               marketable securities
Cadangan kerugian penurunan nilai       2d                     (35,288)               (132,506)      Allowance for impairment losses

Bersih                                                      62,216,518              71,169,020                                   Net

TAGIHAN AKSEPTASI                    2h, 8, 44                                                       ACCEPTANCE RECEIVABLES
  Pihak ketiga                                                 12,694                     244,074                Third parties
  Pihak berelasi                        2c                    172,451                     187,154             Related parties

Jumlah tagihan akseptasi                                      185,145                     431,228       Total acceptance receivables
Cadangan kerugian penurunan nilai       2d                     (1,851)                     (4,312)   Allowance for impairment losses

Bersih                                                        183,294                     426,916                                Net

PIUTANG                              2i, 9, 44                                                                      RECEIVABLES
Murabahah                                                                                                                Murabahah
  Pihak ketiga                                             144,205,651             136,391,384                       Third parties
  Pihak berelasi                        2c                      66,883                 111,712                     Related parties

Jumlah murabahah                                           144,272,534             136,503,096                      Total murabahah

Istishna                                                                                                                     Istishna
   Pihak ketiga                                                     11                         30                     Third parties

Ijarah                                                                                                                         Ijarah
   Pihak ketiga                                               188,361                     217,241                    Third parties
   Pihak berelasi                       2c                          -                       1,159                  Related parties

Jumlah ijarah                                                 188,361                     218,400                        Total ijarah

Jumlah piutang                                             144,460,906             136,721,526                      Total receivables
Cadangan kerugian penurunan nilai       2d                  (4,265,369)             (4,361,368)      Allowance for impairment losses

Bersih                                                     140,195,537             132,360,158                                   Net

PINJAMAN QARDH                       2j, 10, 44                                                                  FUNDS OF QARDH
  Pihak ketiga                                              12,863,002                9,468,085                      Third parties
  Pihak berelasi                        2c                     910,782                1,838,996                    Related parties

Jumlah pinjaman qardh                                       13,773,784              11,307,081                  Total funds of qardh
Cadangan kerugian penurunan nilai       2d                    (787,694)               (817,917)      Allowance for impairment losses

Bersih                                                      12,986,090              10,489,164                                   Net

Dipindahkan                                                277,494,472             254,445,605                        Carried forward


Catatan atas laporan keuangan terlampir merupakan bagian                  The accompanying notes to the financial statements form an
yang tidak terpisahkan dari laporan keuangan secara                                       integral part of these financial statements
keseluruhan.                                                                                                        taken as a whole.

                                                    Halaman - 1 - Page
Page 540
                                               PT BANK SYARIAH INDONESIA Tbk

LAPORAN POSISI KEUANGAN                                                              STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2024 DAN 2023                                                                   31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah,                                                             (Expressed in millions of Rupiah,
kecuali dinyatakan lain)                                                                            unless otherwise stated)

                                    Catatan/
                                     Notes              2024                       2023

ASET (lanjutan)                                                                                                 ASSETS (continued)

Pindahan                                                   277,494,472             254,445,605                       Brought forward

PEMBIAYAAN                                                                                                              FINANCING
Mudharabah                          2k, 11, 44                                                                          Mudharabah
  Pihak ketiga                                                 937,079                  881,133                      Third parties
  Pihak berelasi                       2c                    2,000,000                1,000,000                    Related parties

Jumlah mudharabah                                            2,937,079                1,881,133                    Total mudharabah
Cadangan kerugian penurunan nilai      2d                      (93,488)                 (49,481)     Allowance for impairment losses

Bersih                                                       2,843,591                1,831,652                                  Net

Musyarakah                          2k, 12, 44                                                                          Musyarakah
  Pihak ketiga                                              88,044,668              63,452,727                       Third parties
  Pihak berelasi                       2c                   26,142,550              24,763,470                     Related parties

Jumlah musyarakah                                          114,187,218              88,216,197                     Total musyarakah
Cadangan kerugian penurunan nilai      2d                   (5,145,131)             (4,459,696)      Allowance for impairment losses

Bersih                                                     109,042,087              83,756,501                                   Net

Jumlah pembiayaan                                          117,124,297              90,097,330                        Total financing
Cadangan kerugian penurunan nilai      2d                   (5,238,619)             (4,509,177)      Allowance for impairment losses

Bersih                                                     111,885,678              85,588,153                                   Net

ASET YANG DIPEROLEH                                                                                            ASSETS ACQUIRED
  UNTUK IJARAH - BERSIH               2l, 13                 3,122,255                2,190,107               FOR IJARAH - NET

ASET TETAP DAN                                                                                               FIXED ASSETS AND
  ASET HAK GUNA - BERSIH             2m, 14                  7,723,853                5,352,843    RIGHT-OF-USE ASSETS - NET

ASET TIDAK BERWUJUD
  - BERSIH                           2m, 14                  2,102,344                1,128,334        INTANGIBLE ASSETS - NET

ASET PAJAK TANGGUHAN                 2w, 22c                 2,056,727                1,665,694           DEFERRED TAX ASSETS

ASET LAIN-LAIN - BERSIH              2n, 15                  4,228,103                3,253,388              OTHER ASSETS - NET

JUMLAH ASET                                                408,613,432             353,624,124                      TOTAL ASSETS




Catatan atas laporan keuangan terlampir merupakan bagian                  The accompanying notes to the financial statements form an
yang tidak terpisahkan dari laporan keuangan secara                                       integral part of these financial statements
keseluruhan.                                                                                                        taken as a whole.

                                                      Halaman - 2 - Page
Page 541
                                              PT BANK SYARIAH INDONESIA Tbk

LAPORAN POSISI KEUANGAN                                                             STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2024 DAN 2023                                                                  31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah,                                                            (Expressed in millions of Rupiah,
kecuali dinyatakan lain)                                                                           unless otherwise stated)

                                     Catatan/
                                      Notes            2024                       2023

LIABILITAS, DANA SYIRKAH                                                                                LIABILITIES, TEMPORARY
  TEMPORER DAN EKUITAS                                                                             SYIRKAH FUNDS AND EQUITY
LIABILITAS                                                                                                            LIABILITIES
                                                                                                                   OBLIGATIONS
LIABILITAS SEGERA                    2o, 16, 44                                                              DUE IMMEDIATELY
  Pihak ketiga                                                856,981                1,144,847                      Third parties
  Pihak berelasi                        2c                      1,662                  171,220                    Related parties
                                                              858,643                1,316,067
BAGI HASIL YANG BELUM                                                                                            UNDISTRIBUTED
  DIBAGIKAN                             17                    291,578                    255,932             REVENUE SHARING
SIMPANAN WADIAH                                                                                                WADIAH DEPOSITS
Giro wadiah                          2p, 18, 44                                                             Wadiah demand deposits
  Pihak ketiga                                              16,260,234             18,023,665                        Third parties
  Pihak berelasi                        2c                   2,886,845              2,823,859                     Related parties
Jumlah giro wadiah                                          19,147,079             20,847,524          Total wadiah demand deposits
Tabungan wadiah                      2p, 19, 44                                                             Wadiah savings deposits
  Pihak ketiga                                              55,266,166             47,016,211                       Third parties
  Pihak berelasi                        2c                      13,901                 10,163                     Related parties
Jumlah tabungan wadiah                                      55,280,067             47,026,374          Total wadiah savings deposits
Jumlah simpanan wadiah                                      74,427,146             67,873,898                  Total wadiah deposits
SIMPANAN DARI BANK LAIN              2p, 20, 44                                                  DEPOSITS FROM OTHER BANKS
Giro wadiah                                                                                             Wadiah demand deposits
  Pihak ketiga                                                173,510                    123,984                 Third parties
  Pihak berelasi                        2c                      1,369                      1,353              Related parties
Jumlah giro wadiah                                            174,879                    125,337       Total wadiah demand deposits
Tabungan wadiah                                                                                             Wadiah savings deposits
  Pihak ketiga                                                   8,985                     7,788                    Third parties
Sertifikat Investasi Mudharabah                                                                               Interbank Mudharabah
  Antarbank (“SIMA”)                                                                                Investment Certificate (“SIMA”)
  Pihak ketiga                                               2,481,425               1,401,191                         Third parties
  Pihak berelasi                        2c                     885,225                 226,985                     Related parties
Jumlah Sertifikat Investasi                                                                              Total Interbank Mudharabah
  Mudharabah Antarbank (“SIMA”)                              3,366,650               1,628,176      Investment Certificate (“SIMA”)
Sertifikat Pengelolaan Dana
  Berdasarkan Prinsip Syariah                                                                       Sharia Compliant Interbank Fund
  Antarbank (“SIPA”)                                                                               Management Certificate ("SIPA")
  Pihak ketiga                                                400,000                          -                      Third parties
  Pihak berelasi                        2c                    200,834                          -                  Related parties
Jumlah Sertifikat Pengelolaan Dana                                                                             Total Sharia Compliant
  Berdasarkan Prinsip Syariah                                                                          Interbank Fund Management
  Antarbank (“SIPA”)                                          600,834                          -                 Certificate ("SIPA")
Jumlah simpanan dari bank lain                               4,151,348               1,761,301        Total deposits from other banks
LIABILITAS KEPADA                                                                                               LIABILITIES TO
  BANK INDONESIA                      2q, 21                18,417,864             11,900,055                BANK INDONESIA
LIABILITAS AKSEPTASI                  2h, 44                                                            ACCEPTANCE LIABILITIES
  Pihak ketiga                                                 72,792                    287,323                  Third parties
  Pihak berelasi                        2c                    112,353                    143,905               Related parties
Jumlah liabilitas akseptasi                                   185,145                    431,228           Total acceptance liabilities
UTANG PAJAK                           2w, 22a                 889,642                    539,042                 TAXES PAYABLE
LIABILITAS                                                                                                   EMPLOYEE BENEFITS
  IMBALAN KERJA                      2v, 42, 44               534,730                    667,264                    LIABILITIES
ESTIMASI KERUGIAN                                                                                          ESTIMATED LOSSES ON
  KOMITMEN DAN                                                                                               COMMITMENTS AND
  KONTINJENSI                           41d                     24,045                  32,017                  CONTINGENCIES
LIABILITAS LAIN-LAIN                    23                   5,867,830               2,446,107                 OTHER LIABILITIES
JUMLAH LIABILITAS                                          105,647,971             87,222,911                   TOTAL LIABILITIES
Catatan atas laporan keuangan terlampir merupakan bagian                 The accompanying notes to the financial statements form an
yang tidak terpisahkan dari laporan keuangan secara                                      integral part of these financial statements
keseluruhan.                                                                                                       taken as a whole.

                                                     Halaman - 3 - Page
Page 542
                                             PT BANK SYARIAH INDONESIA Tbk

LAPORAN POSISI KEUANGAN                                                              STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2024 DAN 2023                                                                   31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah,                                                             (Expressed in millions of Rupiah,
kecuali dinyatakan lain)                                                                            unless otherwise stated)

                                     Catatan/
                                      Notes            2024                        2023

LIABILITAS, DANA SYIRKAH                                                                                 LIABILITIES, TEMPORARY
  TEMPORER DAN EKUITAS                                                                              SYIRKAH FUNDS AND EQUITY
  (lanjutan)                                                                                                          (continued)

DANA SYIRKAH TEMPORER                                                                                TEMPORARY SYIRKAH FUNDS
Giro mudharabah                      2r, 24, 44                                                        Mudharabah demand deposits
  Pihak ketiga                                              17,421,912              14,835,449                      Third parties
  Pihak berelasi                        2c                  19,813,889              17,581,811                   Related parties
Jumlah giro mudharabah                                      37,235,801              32,417,260 Total mudharabah demand deposits

Tabungan mudharabah                  2r, 25, 44                                                          Mudharabah savings deposits
  Pihak ketiga                                              85,414,890              78,088,518                       Third parties
  Pihak berelasi                        2c                     375,768                 191,667                     Related parties
Jumlah tabungan mudharabah                                  85,790,658              78,280,185      Total mudharabah savings deposits

Deposito mudharabah                  2r, 26, 44                                                             Mudharabah time deposits
  Pihak ketiga                                              92,556,398              87,628,737                       Third parties
  Pihak berelasi                        2c                  38,122,469              28,356,052                     Related parties
Jumlah deposito mudharabah                                 130,678,867             115,984,789         Total mudharabah time deposits
Jumlah giro, tabungan dan deposito                                                             Total mudharabah demand deposits,
  mudharabah                                               253,705,326             226,682,234 savings deposits and time deposits

Sukuk mudharabah subordinasi         2z, 27, 44                                                      Subordinated sukuk mudharabah
  Pihak ketiga                                                140,000                     175,000                     Third parties
  Pihak berelasi                        2c                     60,000                      25,000                   Related parties
Jumlah sukuk                                                                                                      Total subordinated
  mudharabah subordinasi                                      200,000                     200,000               sukuk mudharabah

Sukuk mudharabah diterbitkan         2z, 28, 44                                                             Issued mudharabah sukuk
  Pihak ketiga                                               2,653,063                      3,608                     Third parties
  Pihak berelasi                        2c                     365,500                          -                   Related parties
Jumlah sukuk                                                                                                           Total issued
  mudharabah diterbitkan                                     3,018,563                      3,608               mudharabah sukuk

Pembiayaan berjangka mudharabah       2y, 29                 1,000,000                    776,250          Mudharabah term financing

JUMLAH DANA SYIRKAH                                                                                             TOTAL TEMPORARY
  TEMPORER                                                 257,923,889             227,662,092                   SYIRKAH FUNDS

EKUITAS                                                                                                                       EQUITY
Modal saham - nilai nominal                                                                     Share capital - Rp500 (full amount)
  Rp500 (nilai penuh) per saham                                                                               par value per share
  Modal dasar - 80.000.000.000                                                                         Authorised share capital -
     lembar saham                                                                                     80,000,000,000 shares
  Modal ditempatkan dan disetor                                                                         Issued and fully paid-up
     penuh - 46.129.260.138                                                                          capital - 46,129,260,138
     lembar saham                       30                  23,064,630              23,064,630                             shares
Tambahan modal disetor                  30                  (3,929,100)             (3,929,100)           Additional paid-in capital
Keuntungan revaluasi aset tetap         14                     553,440                 444,530 Gain on revaluation of fixed assets
Pengukuran kembali liabilitas                                                                       Remeasurement of employee
  imbalan kerja - setelah pajak                               347,644                  241,462       benefit liabilities - net of tax
(Kerugian)/keuntungan yang
  belum direalisasi atas surat
  berharga yang diukur pada                                                                    Unrealised (loss)/gain on marketable
  nilai wajar melalui penghasilan                                                               securities measured at fair value
  komprehensif lain                                                                                through other comprehensive
  - setelah pajak                                              (56,814)                  6,154                 income - net of tax
Saldo laba                                                                                                        Retained earnings
  Telah ditentukan penggunaannya                             3,377,462               2,236,713                       Appropriated
  Belum ditentukan penggunaannya                            21,684,310              16,674,732                    Unappropriated

JUMLAH EKUITAS                                              45,041,572              38,739,121                       TOTAL EQUITY

JUMLAH LIABILITAS, DANA                                                                                        TOTAL LIABILITIES,
  SYIRKAH TEMPORER DAN                                                                                     TEMPORARY SYIRKAH
  EKUITAS                                                  408,613,432             353,624,124               FUNDS AND EQUITY

Catatan atas laporan keuangan terlampir merupakan bagian                  The accompanying notes to the financial statements form an
yang tidak terpisahkan dari laporan keuangan secara                                       integral part of these financial statements
keseluruhan.                                                                                                        taken as a whole.

                                                    Halaman - 4 - Page
Page 543
                                               PT BANK SYARIAH INDONESIA Tbk

LAPORAN LABA RUGI                                                                        STATEMENTS OF PROFIT OR LOSS
DAN PENGHASILAN KOMPREHENSIF LAIN                                                     AND OTHER COMPREHENSIVE INCOME
UNTUK TAHUN-TAHUN YANG BERAKHIR                                                                    FOR THE YEARS ENDED
31 DESEMBER 2024 DAN 2023                                                                     31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah,                                                               (Expressed in millions of Rupiah,
kecuali dinyatakan lain)                                                                              unless otherwise stated)

                                       Catatan/
                                        Notes           2024                       2023*)

PENDAPATAN PENGELOLAAN                                                                                            INCOME FROM FUND
  DANA SEBAGAI MUDHARIB                                                                                MANAGEMENT AS MUDHARIB
Pendapatan dari jual beli               2s, 31             13,404,055                 12,627,780        Income from sales and purchases
Pendapatan dari bagi hasil              2s, 32              8,001,204                  5,940,486              Income from profit sharing
Pendapatan dari ijarah - bersih         2s, 33                192,124                    155,446                 Income from ijarah - net
Pendapatan usaha utama lainnya          2s, 34              3,700,820                  3,528,031            Other main operating income
HAK PIHAK KETIGA ATAS                                                                                       THIRD PARTIES’ SHARE ON
  BAGI HASIL                            2t, 35              (7,889,029)               (5,993,168)                          RETURN
HAK BAGI HASIL MILIK BANK                                  17,409,174                 16,258,575             BANK’S SHARE IN PROFIT
PENDAPATAN USAHA LAINNYA                2u, 36                                                            OTHER OPERATING INCOME
                                                                                                                  Fee based income from
Pendapatan imbalan jasa perbankan                           3,678,362                  2,870,774                      banking services
Keuntungan investasi surat berharga                           587,199                    242,110          Gain from marketable securities
Pendapatan lainnya                                          1,290,918                  1,091,582                           Other income
Jumlah pendapatan usaha lainnya                             5,556,479                  4,204,466             Total other operating income
BEBAN USAHA                                                                                                    OPERATING EXPENSES
Gaji dan tunjangan                       37                 (5,284,136)               (5,035,215)                   Salaries and benefits
Umum dan administrasi                    38                 (6,342,626)               (5,169,938)              General and administrative
Bonus wadiah                                                      (586)                   (1,107)                          Wadiah bonus
Lain-lain                                                     (166,294)                  (42,944)                                 Others
                                                           (11,793,642)              (10,249,204)
Beban cadangan kerugian                                                                                           Provision for impairment
  penurunan nilai aset produktif                                                                                  losses on earning and
  dan nonproduktif - bersih             2d, 39              (1,893,867)               (2,622,479)               non-earning assets - net
LABA USAHA                                                  9,278,144                  7,591,358            INCOME FROM OPERATION
PENDAPATAN/(BEBAN)                                                                                                  NON-OPERATING
  NONUSAHA - BERSIH                                               4,312                      (2,156)       INCOME/(EXPENSE) - NET
LABA SEBELUM ZAKAT DAN                                                                                   INCOME BEFORE ZAKAT AND
  BEBAN PAJAK                                               9,282,456                  7,589,202                   TAX EXPENSE
ZAKAT                                    2a                    (232,061)                (189,730)                                     ZAKAT
BEBAN PAJAK                            2w, 22b              (2,044,507)               (1,695,729)                         TAX EXPENSES
LABA BERSIH                                                 7,005,888                  5,703,743                              NET INCOME
PENGHASILAN KOMPREHENSIF                                                                                       OTHER COMPREHENSIVE
  LAIN                                                                                                                           INCOME
Pos-pos yang tidak akan                                                                                   Items that will not be reclassified
  direklasifikasi ke laba rugi:                                                                                            to profit or loss:
                                                                                                                     Gain on revaluation
  Keuntungan revaluasi aset tetap        14                    108,910                            -                      on fixed assets
  Pengukuran kembali liabilitas                                                                            Remeasurement of employee
     imbalan kerja                      2v, 42                 136,130                      (35,181)                  benefit liabilities
  Pajak penghasilan terkait              22c                   (29,948)                       7,739                  Related income tax
Pos-pos yang akan                                                                                             Items that will be reclassified
  direklasifikasi ke laba rugi:                                                                                           to profit or loss:
  (Kerugian)/keuntungan yang
     belum direalisasi atas surat                                                                                Unrealised (loss)/gain
     berharga yang diukur pada nilai                                                                        on marketable securities
     wajar melalui penghasilan                                                                         measured at fair value through
     komprehensif lain                   7b                     (92,116)                    61,631      other comprehensive income
  Pajak penghasilan terkait              22c                     29,148                          -                  Related income tax
Jumlah penghasilan komprehensif                                                                                Total other comprehensive
  lain bersih setelah pajak                                    152,124                      34,189                    income net of tax
                                                                                                              TOTAL COMPREHENSIVE
JUMLAH LABA KOMPREHENSIF                                    7,158,012                  5,737,932                         INCOME
LABA PER SAHAM DASAR DAN                                                                               BASIC AND DILUTED EARNINGS
  DILUSIAN (Rupiah penuh)              2aa, 40                  151.88                      123.65         PER SHARE (full Rupiah)
*) Direklasifikasi, lihat Catatan 53                                                                                *) Reclassified, see Note 53
Catatan atas laporan keuangan terlampir merupakan bagian                   The accompanying notes to the financial statements form an
yang tidak terpisahkan dari laporan keuangan secara                                        integral part of these financial statements
keseluruhan.                                                                                                         taken as a whole.

                                                      Halaman - 5 - Page
Page 544
                                                                                            PT BANK SYARIAH INDONESIA Tbk

LAPORAN PERUBAHAN EKUITAS                                                                                                                                                                        STATEMENTS OF CHANGES IN EQUITY
UNTUK TAHUN-TAHUN YANG BERAKHIR                                                                                                                                                                                    FOR THE YEARS ENDED
31 DESEMBER 2024 DAN 2023                                                                                                                                                                                    31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                                                                                                            (Expressed in millions of Rupiah, unless otherwise stated)

                                                                                                                                          (Kerugian)/
                                                                                                                                         keuntungan
                                                                                                                                         yang belum
                                                                                                                                   direalisasi atas surat
                                                                                                                                   berharga yang diukur
                                                                                                                                       pada nilai wajar
                                                                                                          Pengukuran                melalui penghasilan
                                                                                                             kembali                komprehensif lain -
                                                                                                       liabilitas imbalan               setelah pajak/
                                             Modal saham                           Keuntungan            kerja - setelah           Unrealised (loss)/gain
                                           ditempatkan dan                           revaluasi                pajak/                    on marketable          Saldo laba/Retained earnings
                                            disetor penuh/ Tambahan modal           aset tetap/        Remeasurement               securities measured
                                           Issued and fully    disetor/               Gain on             of employee               at fair value through   Telah ditentukan       Belum ditentukan      Jumlah
                                  Catatan/  paid-up share   Additional paid-       revaluation         benefit liabilities -       other comprehensive      penggunaannya/         penggunaannya/        ekuitas/
                                   Notes        capital       in capital         of fixed assets           net of tax                income - net of tax     Appropriated          Unappropriated      Total equity

Saldo per 1 Januari 2023                         23,064,630        (3,929,100)            444,530                  268,904                       (55,477)           1,384,677            12,249,043       33,427,207          Balance as at 1 January 2023

Laba bersih                                               -                 -                      -                           -                        -                      -          5,703,743        5,703,743                            Net income

Penghasilan komprehensif lain                             -                 -                      -                (27,442)                      61,631                       -                  -           34,189          Other comprehensive income

Pembagian dividen                    30                   -                 -                      -                           -                        -                      -           (426,018)        (426,018)                    Dividend payment

Penambahan cadangan umum             30                   -                 -                      -                           -                        -            852,036               (852,036)                  -        Additional to general reserve

Saldo per 31 Desember 2023                       23,064,630        (3,929,100)            444,530                  241,462                         6,154            2,236,713            16,674,732       38,739,121      Balance as at 31 December 2023

Laba bersih                                               -                 -                      -                           -                        -                      -          7,005,888        7,005,888                            Net income

Penghasilan komprehensif lain        14                   -                 -             108,910                  106,182                       (62,968)                      -                  -          152,124          Other comprehensive income

Pembagian dividen                    30                   -                 -                      -                           -                        -                      -           (855,561)        (855,561)                    Dividend payment

Penambahan cadangan umum             30                   -                 -                      -                           -                        -           1,140,749            (1,140,749)                  -        Additional to general reserve

Saldo per 31 Desember 2024                       23,064,630        (3,929,100)            553,440                  347,644                       (56,814)           3,377,462            21,684,310       45,041,572      Balance as at 31 December 2024




Catatan atas laporan keuangan terlampir merupakan bagian yang tidak terpisahkan dari laporan keuangan                                           The accompanying notes to the financial statements form an integral part of these financial
secara keseluruhan.                                                                                                                                                                                        statements taken as a whole.


                                                                                                            Halaman - 6 - Page
Page 545
                                             PT BANK SYARIAH INDONESIA Tbk

LAPORAN ARUS KAS                                                                               STATEMENTS OF CASH FLOWS
UNTUK TAHUN-TAHUN YANG BERAKHIR                                                                       FOR THE YEARS ENDED
31 DESEMBER 2024 DAN 2023                                                                       31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah,                                                                  (Expressed in millions of Rupiah,
 kecuali dinyatakan lain)                                                                                unless otherwise stated)


                                       Catatan/
                                        Notes          2024                       2023

ARUS KAS DARI AKTIVITAS                                                                                         CASH FLOWS FROM
  OPERASI                                                                                                OPERATING ACTIVITIES
Penerimaan jual beli, bagi hasil,                                                                 Proceeds of margin, profit sharing,
  ijarah dan usaha utama lainnya                           25,260,645                22,356,599    ijarah and other main operation
Pembayaran bagi hasil dana                                                                                    Payment of profit sharing
  syirkah temporer                                          (7,854,159)              (5,930,162)        for temporary syirkah funds
Penerimaan dari pembiayaan dan         9, 10, 11,                                                Receipts from recovery of written-off
  piutang yang dihapusbukukan            12, 36             2,097,759                 1,703,364           financing and receivable
Penerimaan pendapatan usaha                                                                                  Receipt of other operating
  lainnya                                                    4,266,371                3,115,816                               income
Pembayaran tantiem                                            (110,228)                 (91,574)                   Payment of tantiem
Pembayaran beban usaha                                     (14,283,894)             (12,698,368)      Payment of operating expenses
Penerimaan atas pendapatan                                                                                 Receipt from non-operating
  nonusaha - bersih                                           112,287                    25,571                         income - net
Pembayaran pajak                                                                                                 Payment of corporate
  penghasilan badan                                         (1,985,972)              (1,855,197)                          income tax
Pembayaran zakat                                              (268,348)                (205,881)                     Payment of zakat
                                                                                                                Distribution of qardhul
Penyaluran dana kebajikan                                    (117,028)                  (80,736)                        hasan funds

Arus kas sebelum perubahan                                                                              Cash flows before changes in
  dalam aset dan liabilitas                                 7,117,433                 6,339,432                assets and liabilities

Perubahan dalam aset dan liabilitas:                                                                 Changes in assets and liabilities:
  (Kenaikan)/penurunan aset:                                                                         (Increase)/decrease in assets:
    Surat berharga                                                                                        Marketable securities
       - diukur pada nilai wajar                            (1,472,899)              (3,972,560)       - measured at fair value
    Surat berharga jangka
       pendek lainnya                                         (115,758)                 (40,287)     Other short-term securities
    Piutang                                                 (7,739,380)             (11,834,760)                    Receivables
    Pinjaman qardh                                          (2,466,703)              (1,605,472)                Funds of qardh
    Pembiayaan                                             (27,026,967)             (18,465,422)                      Financing
    Tagihan akseptasi                                          246,083                   50,175        Acceptance receivables
    Aset yang diperoleh
       untuk ijarah                                          (932,147)                 (705,535)      Assets acquired for ijarah
    Aset lain-lain                                            245,969                    (2,886)                  Other assets
  Kenaikan/(penurunan) liabilitas:                                                                 Increase/(decrease) in liabilities:
    Liabilitas segera                                        (421,137)                  322,716    Obligations due immediately
    Simpanan wadiah                                         6,553,248                 1,861,641                Wadiah deposits
    Simpanan dari bank lain                                 2,390,047                  (457,396)     Deposits from other banks
    Liabilitas akseptasi                                     (246,083)                  (50,175)          Acceptance liabilities
    Utang pajak                                               (99,768)                   48,173                  Taxes payable
    Liabilitas lain-lain                                    3,757,231                   283,819                  Other liabilities
  Kenaikan dana                                                                                              Increase in temporary
    syirkah temporer                                       27,023,092               30,269,572                    syirkah funds

  Kas bersih dihasilkan dari                                                                               Net cash generated from
    aktivitas operasi                                       6,812,261                 2,041,035              operating activities




Catatan atas laporan keuangan terlampir merupakan bagian                  The accompanying notes to the financial statements form an
yang tidak terpisahkan dari laporan keuangan secara                                       integral part of these financial statements
keseluruhan.                                                                                                        taken as a whole.

                                                    Halaman - 7 - Page
Page 546
                                             PT BANK SYARIAH INDONESIA Tbk

LAPORAN ARUS KAS                                                                               STATEMENTS OF CASH FLOWS
UNTUK TAHUN-TAHUN YANG BERAKHIR                                                                       FOR THE YEARS ENDED
31 DESEMBER 2024 DAN 2023                                                                       31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah,                                                                  (Expressed in millions of Rupiah,
 kecuali dinyatakan lain)                                                                                unless otherwise stated)


                                    Catatan/
                                     Notes             2024                       2023

ARUS KAS DARI AKTIVITAS                                                                                       CASH FLOWS FROM
  INVESTASI                                                                                           INVESTING ACTIVITIES
Penjualan/pelepasan investasi                                                                           Sale/disposal of investment
  pada surat berharga                                      103,380,752             111,080,068            in marketable securities
Perolehan surat berharga                                   (92,955,821)           (120,672,073) Acquisition of marketable securities
Hasil penjualan aset tetap                                       1,274                   5,521   Proceeds from sale of fixed assets
Perolehan aset tetap dan                                                                                   Acquisition of fixed assets
  aset hak guna                                             (2,935,755)               (826,243)            and right-of-use assets
Perolehan aset tidak berwujud           14                  (1,144,967)               (991,632)     Acquisition of intangible assets

Kas bersih dihasilkan dari/
  (digunakan untuk)                                                                                        Net cash generated from/
  aktivitas investasi                                        6,345,483              (11,404,359)      (used in) investing activities

ARUS KAS DARI AKTIVITAS                                                                                       CASH FLOWS FROM
   PENDANAAN                                                                                            FINANCING ACTIVITIES
Pembayaran liabilitas sewa                                    (151,913)                (134,742)         Payments of lease liabilities
Pembayaran dividen                                            (855,561)                (426,018)               Payments of dividend
Pembayaran pembiayaan                                                                                      Payments of mudharabah
   berjangka mudharabah                                     (7,778,995)                (781,307)                   term financing
Penerimaan pembiayaan                                                                                     Receipts from mudharabah
   berjangka mudharabah                                      8,001,935                   776,250                   term financing
Pelunasan surat berharga
   yang diterbitkan                                                  -              (1,375,000)       Settlement of securities issued
Surat berharga yang diterbitkan                              3,015,731                 203,759                       Securities Issued
Liabilitas kepada Bank Indonesia                             6,517,809              11,900,055        Liabilities from Bank indonesia

Kas bersih dihasilkan dari                                                                                  Net cash generated from
  aktivitas pendanaan                                        8,749,006              10,162,997                financing activities

KENAIKAN BERSIH                                                                                         NET INCREASE IN CASH
  KAS DAN SETARA KAS                                        21,906,750                   799,673     AND CASH EQUIVALENTS

                                                                                                   CASH AND CASH EQUIVALENTS
KAS DAN SETARA KAS AWAL                                                                                AT THE BEGINNING OF
  TAHUN                                                     40,021,092              39,221,419                    THE YEAR

KAS DAN SETARA KAS AKHIR                                                                           CASH AND CASH EQUIVALENTS
  TAHUN                                                     61,927,842              40,021,092       AT THE END OF THE YEAR

Kas dan setara kas akhir                                                                               Cash and cash equivalents at
  tahun terdiri dari:                                                                              the end of the year consist of:
  Kas                                   4                    8,080,689               5,255,841                             Cash
  Giro dan penempatan                                                                          Current accounts and placements
     pada Bank Indonesia                5                   49,966,279              32,440,778             with Bank Indonesia
  Giro dan penempatan                                                                                      Current accounts and
     pada bank lain                     6                    3,880,874               2,324,473    placements with other banks

JUMLAH                                                      61,927,842              40,021,092                                TOTAL




Catatan atas laporan keuangan terlampir merupakan bagian                  The accompanying notes to the financial statements form an
yang tidak terpisahkan dari laporan keuangan secara                                       integral part of these financial statements
keseluruhan.                                                                                                        taken as a whole.

                                                    Halaman - 8 - Page
Page 547
                                                  PT BANK SYARIAH INDONESIA Tbk

LAPORAN REKONSILIASI PENDAPATAN                                              STATEMENTS OF RECONCILIATION OF INCOME
DAN BAGI HASIL                                                                                  AND REVENUE SHARING
UNTUK TAHUN-TAHUN YANG BERAKHIR                                                                 FOR THE YEARS ENDED
31 DESEMBER 2024 DAN 2023                                                                  31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah,                                                            (Expressed in millions of Rupiah,
kecuali dinyatakan lain)                                                                           unless otherwise stated)


                                       Catatan/
                                        Notes             2024                      2023

Pendapatan pengelolaan dana             31, 32,                                                       Revenue from fund management
  sebagai mudharib                      33, 34             25,298,203                22,251,743                          as mudharib
Pengurangan                                                                                                                   Deduction
Pendapatan tahun berjalan                                                                                  Current year income in which
  yang kas atau setara kasnya                                                                          its cash and cash equivalents
  belum diterima:                                                                                              has not been received:
  Pendapatan dari jual beli                                  (620,300)                  (623,425)   Income from sales and purchase
  Pendapatan bagi hasil                                       (79,292)                   (44,429)          Income from profit sharing
                                                                                                         Income from amortisation of
                                                                                                               differences between
  Pendapatan amortisasi dari selisih                                                                  acquisition cost and nominal
    nilai perolehan surat berharga                                                                     amounts for investments in
    dibanding nilai nominal                                   (75,137)                  (104,229)            marketable securities
  Pendapatan dari ijarah - bersih                             (33,132)                   (29,685)            Income from Ijarah - net
  Pendapatan usaha utama lainnya                             (979,776)                  (889,375)       Other main operating income

                                                            (1,787,637)               (1,691,143)

Penambahan                                                                                                                      Addition
Pendapatan tahun sebelumnya                                                                              Previous year income in which
  yang kas atau setara kasnya                                                                           its cash and cash equivalent
  diterima pada tahun berjalan:                                                                     was received during current year:
  Pendapatan dari jual beli                                      623,425                588,556     Income from sales and purchase
  Pendapatan bagi hasil                                           44,429                 25,972            Income from profit sharing
                                                                                                            Income from amortisation
                                                                                                            of differences between
  Pendapatan amortisasi dari selisih                                                                  acquisition cost and nominal
    nilai perolehan surat berharga                                                                        amounts for investments
    dibanding nilai nominal                                      104,229                 43,778            in marketable securities
  Pendapatan dari ijarah - bersih                                 29,685                 20,093               Income from Ijarah - net
  Pendapatan usaha utama lainnya                                 889,375                898,140        Other main operating income

                                                            1,691,143                  1,576,539

Pendapatan yang tersedia untuk                                                                                    Available income for
  bagi hasil                                                25,201,709                22,137,139                       profit sharing
Hak bagi hasil milik Bank                                  (17,312,680)              (16,143,971)         Bank’s share in profit sharing

Hak pihak ketiga atas bagi hasil           35               7,889,029                  5,993,168          Third parties’ share on return

Dirinci atas:                                                                                                                  Details to:
   Hak pemilik dana atas bagi hasil                                                                           Fund owners’ share on
     yang sudah didistribusikan                             7,597,451                  5,737,236         distributed profit sharing
   Hak pemilik dana atas bagi hasil                                                                           Fund owners’ share on
     yang belum didistribusikan            17                    291,578                255,932        undistributed profit sharing

Jumlah                                                      7,889,029                  5,993,168                                    Total




Catatan atas laporan keuangan terlampir merupakan bagian                   The accompanying notes to the financial statements form an
yang tidak terpisahkan dari laporan keuangan secara                                        integral part of these financial statements
keseluruhan.                                                                                                         taken as a whole.

                                                         Halaman - 9 - Page
Page 548
                                               PT BANK SYARIAH INDONESIA Tbk

LAPORAN SUMBER DAN                                                                            STATEMENTS OF SOURCES
PENYALURAN DANA ZAKAT                                                                AND DISTRIBUTION OF ZAKAT FUNDS
UNTUK TAHUN-TAHUN YANG BERAKHIR                                                                  FOR THE YEARS ENDED
31 DESEMBER 2024 DAN 2023                                                                   31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah,                                                             (Expressed in millions of Rupiah,
kecuali dinyatakan lain)                                                                            unless otherwise stated)


                                    Catatan/
                                     Notes             2024                     2023

Sumber dana zakat                                                                                        Sources of zakat funds
  Internal bank                                               232,061                  189,730                   Internal bank
  Eksternal bank                                                                                                External bank
     Pegawai                                                   36,452                   33,041                  Employees
     Nasabah dan umum                                          38,743                   34,731         Customers and public

                                                              307,256                  257,502

Penyaluran dana zakat                                                                                   Distribution of zakat funds
  Disalurkan ke lembaga lain                               (268,348)                 (205,881)    Distributed to other institutions

Kenaikan dana zakat                                            38,908                   51,621              Increase in zakat funds

Saldo awal dana zakat                                         196,774                  145,153 Beginning balance of zakat funds

Saldo akhir dana zakat                 16                     235,682                  196,774     Ending balance of zakat funds




Catatan atas laporan keuangan terlampir merupakan bagian                The accompanying notes to the financial statements form an
yang tidak terpisahkan dari laporan keuangan secara                                     integral part of these financial statements
keseluruhan.                                                                                                      taken as a whole.

                                                      Halaman - 10 - Page
Page 549
                                               PT BANK SYARIAH INDONESIA Tbk

LAPORAN SUMBER DAN                                                                           STATEMENTS OF SOURCES
PENGGUNAAN DANA KEBAJIKAN                                                          AND USES OF QARDHUL HASAN FUNDS
UNTUK TAHUN-TAHUN YANG BERAKHIR                                                                 FOR THE YEARS ENDED
31 DESEMBER 2024 DAN 2023                                                                  31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah,                                                            (Expressed in millions of Rupiah,
kecuali dinyatakan lain)                                                                           unless otherwise stated)


                                    Catatan/
                                     Notes             2024                      2023

Sumber dana kebajikan                                                                              Sources of qardhul hasan funds
  Infaq dan shadaqah                                           84,691                   63,947              Infaq and shadaqah
  Denda                                                        21,972                   17,915                           Penalty
  Pendapatan nonhalal                                           1,240                    1,733                 Non-halal income
  Lainnya                                                       4,094                        -                            Others

                                                              111,997                   83,595

Penggunaan dana kebajikan                                                                            Uses of qardhul hasan funds
  Sumbangan                                                (117,028)                    (80,736)                      Donation

(Penurunan)/kenaikan                                                                                            (Decrease)/increase
  dana kebajikan                                               (5,031)                   2,859               qardhul hasan funds

                                                                                                     Beginning balance of qardhul
Saldo awal dana kebajikan                                       9,907                    7,048                    hasan funds

                                                                                                        Ending balance of qardhul
Saldo akhir dana kebajikan              23                      4,876                    9,907                    hasan funds




Catatan atas laporan keuangan terlampir merupakan bagian                 The accompanying notes to the financial statements form an
yang tidak terpisahkan dari laporan keuangan secara                                      integral part of these financial statements
keseluruhan.                                                                                                       taken as a whole.

                                                      Halaman - 11 - Page
Page 550
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)       (Expressed in millions of Rupiah, unless otherwise stated)

1.   UMUM                                                       1.   GENERAL

     a.   Pendirian Bank dan informasi umum                          a.   Bank     establishment        and     general
                                                                          information

          PT      Bank    BRIsyariah     Tbk     (“Bank”)                 PT Bank BRIsyariah Tbk (the “Bank”) is
          berkedudukan di Jakarta, Indonesia, awalnya                     located in Jakarta, Indonesia, and initially
          didirikan dengan nama PT Bank Jasa Arta                         established under the name of PT Bank Jasa
          (“BJA”) berdasarkan Akta Pendirian No. 4                        Arta (“BJA”) based on the Deed of
          tanggal 3 April 1969 yang dibuat di hadapan                     Establishment No. 4 dated 3 April 1969 made
          Liem Toeng Kie, S.H., notaris di Jakarta.                       before Liem Toeng Kie, S.H., notary in
                                                                          Jakarta.

          BJA berubah nama menjadi PT Bank Syariah                        BJA changed its name to PT Bank Syariah
          BRI (“BSBRI”) berdasarkan Pernyataan                            BRI (“BSBRI”) based on Shareholders’
          Keputusan Persetujuan Pemegang Saham,                           Decision Statement, as stated in the Deed No.
          sesuai dengan Akta No. 45 tanggal 22 April                      45 dated 22 April 2008 of Fathiah Helmi, S.H.,
          2008 yang dibuat di hadapan Fathiah Helmi,                      notary in Jakarta and obtained a license from
          S.H., notaris di Jakarta dan memperoleh izin                    Bank Indonesia to change its business
          perubahan kegiatan usaha bank, dari                             activities, from a conventional bank into a
          konvensional menjadi bank umum yang                             commercial bank based on sharia principles
          melaksanakan kegiatan usaha berdasarkan                         effective from 16 October 2008. In 2009,
          prinsip syariah dari Bank Indonesia efektif                     BSBRI changed its name to PT Bank
          sejak tanggal 16 Oktober 2008. Pada tahun                       BRISyariah based on Shareholders’ Decision
          2009, BSBRI melakukan perubahan nama                            Statement, as stated in Notarial Deed No. 18
          menjadi PT Bank BRISyariah sesuai dengan                        dated 14 April 2009 made before Fathiah
          Akta Keputusan Persetujuan Pemegang                             Helmi, S.H., notary in Jakarta.
          Saham BSBRI No. 18 tanggal 14 April 2009
          dibuat di hadapan Fathiah Helmi, S.H., notaris
          di Jakarta.

          PT Bank BRISyariah berubah nama menjadi                         PT Bank BRISyariah changed its name to
          PT Bank BRIsyariah Tbk sesuai persetujuan                       PT Bank BRIsyariah Tbk as approved,
          Menteri Hukum dan Hak Asasi Manusia                             accepted and recorded by the Ministry of Laws
          Republik   Indonesia    No. AHU-0000386.                        and Human Rights of the Republic of
          AH.01.02 Tahun 2018 tanggal 10 Januari                          Indonesia No. AHU-0000386.AH.01.02 Year
          2018.                                                           2018 dated 10 January 2018.

          Pada bulan Januari 2021, telah terjadi                          In January 2021, there was a merger of
          penggabungan antara PT Bank BRIsyariah                          PT Bank BRIsyariah Tbk with PT Bank
          Tbk dengan PT Bank Syariah Mandiri dan                          Syariah Mandiri and PT Bank BNI Syariah.
          PT Bank BNI Syariah. Penggabungan ini telah                     The merger has received approval from
          mendapatkan persetujuan Otoritas Jasa                           Financial Services Authority (“OJK”) of Capital
          Keuangan (“OJK”) Pasar Modal melalui surat                      Market through its letter No. S-289/D.04/2020
          No. S-289/D.04/2020 tanggal 11 Desember                         dated 11 December 2020 and OJK Board of
          2020    dan Dewan Komisaris OJK Nomor                           Commissioners Number 4/KDK.03/2021 dated
          4/KDK.03/2021 tanggal 27 Januari 2021                           27 January 2021 concerning the Granting of
          tentang Pemberian Izin Penggabungan                             Permit to Merge PT Bank Syariah Mandiri and
          PT Bank Syariah Mandiri dan PT Bank BNI                         PT Bank BNI Syariah into PT Bank BRIsyariah
          Syariah ke dalam PT Bank BRIsyariah Tbk                         Tbk and a Name Change Permit Using a
          serta   Izin  Perubahan    Nama    dengan                       Business License from PT Bank BRIsyariah
          Menggunakan Izin Usaha PT Bank BRIsyariah                       Tbk to become a Business License on behalf
          Tbk menjadi Izin Usaha atas nama PT Bank                        of PT Bank Syariah Indonesia Tbk as the
          Syariah Indonesia Tbk sebagai Bank Hasil                        Merged Bank. PT Bank Mandiri (Persero) Tbk
          Penggabungan. PT Bank Mandiri (Persero)                         is the Bank's parent entity after the merger.
          Tbk adalah entitas induk Bank setelah
          penggabungan usaha.




                                                    Halaman - 12 - Page
Page 551
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)       (Expressed in millions of Rupiah, unless otherwise stated)

    1.   UMUM (lanjutan)                                        1.   GENERAL (continued)

    a.   Pendirian    Bank     dan   informasi    umum               a.   Bank     establishment        and      general
         (lanjutan)                                                       information (continued)

         Pada bulan Juni 2022, terjadi perubahan                          In June 2022, there was change in the shares
         klasifikasi saham pada anggaran dasar sesuai                     classification in the Articles of Association as
         Akta Pernyataan Keputusan Rapat Perubahan                        stated in the Deed of Statement of Meeting
         Anggaran Dasar PT Bank Syariah Indonesia                         Resolutions on the Amendments to the Articles
         Tbk No.146 tanggal 24 Juni 2022 yang dibuat                      of Association of PT Bank Syariah Indonesia
         di hadapan Notaris Jose Dima Satria, S.H.,                       Tbk No.146 dated 24 June 2022 made before
         M.Kn., notaris di Jakarta sehubungan dengan:                     Notary Jose Dima Satria, S.H., M.Kn., notary
                                                                          in Jakarta, in connection with:
         -    penerapan klasifikasi saham pada Bank                       -    the implementation of the classification of
              menjadi saham Seri A Dwiwarna yang                               shares in the Bank into Series A Dwiwarna
              merupakan saham dengan hak istimewa dan                          share which is share with special rights
              saham biasa Seri B yang merupakan saham                          and Series B common share which is
              biasa atas nama; dan                                             ordinary share; and
         -    reklasifikasi 1 (satu) saham milik Negara                   -    reclassification of 1 (one) share owned by
              Republik Indonesia dalam Bank menjadi 1                          the Republic of Indonesia in the Bank into
              (satu) saham Seri A Dwiwarna dan seluruh                         1 (one) Series A Dwiwarna share and all
              saham yang dimiliki pemegang saham lain                          shares owned by other shareholders into
              menjadi saham biasa Seri B.                                      Series B common shares.

         Perubahan ini diterima dan dicatat oleh                          This change was accepted and recorded by
         Menteri Hukum dan Hak Asasi Manusia                              the Minister of Law and Human Rights of the
         Republik Indonesia No. AHU-AH.01.03-                             Republic of Indonesia No. AHU-AH.01.03-
         0269107 tanggal 22 Juli 2022.                                    0269107 dated 22 July 2022.

         Perubahan Anggaran Dasar Bank terakhir                           The latest amendment to the Bank's Articles of
         mengenai penyesuaian Anggaran Dasar BSI                          Association in relation to the amendments of
         dengan ketentuan-ketentuan baru yang terkait                     BSI's Articles of Association with new
         dengan BSI sebagai Bank Umum Syariah                             provisions relating to BSI as a Sharia
         yang dituangkan dalam Akta Pernyataan                            Commercial Bank as outlined in the Deed of
         Keputusan Rapat Perubahan Anggaran Dasar                         Meeting Resolutions on Amendments to the
         PT Bank Syariah Indonesia Tbk No. 37 tanggal                     Articles of Association of PT Bank Syariah
         17 Mei 2024 yang dibuat dihadapan Notaris                        Indonesia Tbk No. 37 dated 17 May 2024
         Ashoya Ratam, S.H., M.Kn. notaris di Jakarta.                    made before Notary Ashoya Ratam, S.H.,
         Perubahan ini telah mendapatkan persetujuan                      M.Kn. notary in Jakarta. This amendment was
         dari Menteri Hukum dan Hak Asasi Manusia                         approved by the Minister of Law and Human
         Republik      Indonesia        No.       AHU-                    Rights of the Republic of Indonesia No. AHU-
         0035266.AH.01.02.Tahun 2024 tanggal 13                           0035266.AH.01.02.Year 2024 dated 13 June
         Juni 2024 dan telah diterima serta dicatat oleh                  2024 and was received and recorded by the
         Menteri Hukum dan Hak Asasi Manusia                              Minister of Law and Human Rights of the
         Republik Indonesia No. AHU-AH.01.03-                             Republic of Indonesia No. AHU-AH.01.03-
         0145286 tanggal 13 Juni 2024.                                    0145286 dated 13 June 2024.

         Berdasarkan pasal 3 Anggaran Dasar Bank                          According to Article 3 of the Bank’s latest
         yang terakhir, ruang lingkup kegiatan Bank                       Articles of Association, the Bank’s scope of
         adalah menyelenggarakan usaha perbankan                          business is to conduct banking activities based
         dengan prinsip Syariah.                                          on Sharia principles.

         Kantor     pusat    Bank   berlokasi   di                        The Bank’s head office is located in The Tower
         Gedung The Tower, Jalan Gatot Subroto No.                        Building, Gatot Subroto Street No. 27, Karet
         27, Kel. Karet Semanggi, Kec. Setiabudi,                         Semanggi Village, Setiabudi District, South
         Jakarta Selatan 12930.                                           Jakarta 12930.




                                                    Halaman - 13 - Page
Page 552
                                                                        PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                                                        NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                                          31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                                   (Expressed in millions of Rupiah, unless otherwise stated)

1.   UMUM (lanjutan)                                                                                       1.   GENERAL (continued)

     a.   Pendirian               Bank           dan          informasi               umum                      b.     Bank     establishment                                    and               general
          (lanjutan)                                                                                                   information (continued)

          Pada tanggal 31 Desember 2024 dan 2023,                                                                      As at 31 December 2024 and 2023, the Bank
          Bank memiliki jaringan unit kerja dengan                                                                     has business unit network with details as
          rincian sebagai berikut:                                                                                     follows:

                                                                                       2024                     2023

          Kantor Cabang                                                                             153                    153                                          Branch Offices
          Kantor Cabang Pembantu                                                                    886                    886                                     Sub-Branch Offices
          Layanan Syariah Bank Umum                                                               3,065                  3,065                         Commercial Bank Sharia Services
          Kantor Cabang Luar Negeri                                                                   1                      1                                 Overseas Branch Office
          Kantor Fungsional                                                                          91                     91                                       Functional Offices

     b.   Struktur dan manajemen                                                                                b. Structure and management

          Susunan Dewan Komisaris pada tanggal                                                                       The      composition of   the    Board     of
          31 Desember 2024 berdasarkan Akta                                                                          Commissioners as at 31 December 2024
          Pernyataan      Keputusan    Rapat      Umum                                                               based on the Deed of Statement of Annual
          Pemegang Saham Tahunan PT Bank Syariah                                                                     General Meeting of Shareholders PT Bank
          Indonesia Tbk No. 35 tanggal 23 Oktober 2024                                                               Syariah Indonesia Tbk No. 35 dated
          yang dibuat di hadapan Notaris         Ashoya                                                              23 October 2024 made before the Notary
          Ratam, S.H., M.Kn., notaris di Jakarta, adalah                                                             Ashoya Ratam, S.H., M.Kn., notary in Jakarta,
          sebagai berikut:                                                                                           is as follows:

                                                                                   31 Desember/December 2024
          Dewan Komisaris                                                                                                                                        Board of Commissioners
          Komisaris Utama/                                                                                                                                        President Commissioner/
            Komisaris Independen                                                                Muliaman D. Hadad                                            Independent Commissioner
          Wakil Komisaris Utama/                                                                                                                             Vice President Commissioner/
            Komisaris Independen                                                              Adiwarman Azwar Karim                                          Independent Commissioner
          Komisaris                                                                                   Suyanto                                                               Commissioner
          Komisaris                                                                              Masduki Baidlowi                                                           Commissioner
          Komisaris                                                                                Abu Rokhmad                                                              Commissioner
          Komisaris                                                                                    Fauzi1)                                                              Commissioner
          Komisaris                                                                                 Nazaruddin1)                                                            Commissioner
          Komisaris Independen                                                                 Komaruddin Hidayat                                               Independent Commissioner
          Komisaris Independen                                                                    Mohamad Nasir                                                 Independent Commissioner
          Komisaris Independen                                                                Felicitas Tallulembang1)                                          Independent Commissioner
          1)   Diangkat dalam Rapat Umum Pemegang Saham (“RUPS”) Tahunan Bank tanggal 17 Mei                         1) Appointed at the Bank's Annual General Meeting of Shareholders (“GMS”) on 17 May 2024 and
               2024 dan telah mendapatkan persetujuan Otoritas Jasa Keuangan (“OJK”) sesuai dengan                      has received approval from the Financial Services Authority ("OJK") in accordance with OJK
               Surat Keputusan Dewan Komisioner OJK No. KEPR-170/D.03/2024 tanggal 9 Desember                           Board of Commissioners Decree No. KEPR-170/D.03/2024 dated 9 December 2024, KEPR-
               2024, KEPR-171/D.03/2024 tanggal 9 Desember 2024, dan KEPR-172/D.03/2024 tanggal 9                       171/D.03/2024 dated 9 December 2024, and KEPR-172/D.03/2024 dated 9 December 2024.
               Desember 2024.



          Susunan Dewan Komisaris pada tanggal                                                                       The      composition of   the    Board     of
          31 Desember 2023 berdasarkan Akta                                                                          Commissioners as at 31 December 2023
          Pernyataan      Keputusan      Rapat     Umum                                                              based on the Deed of Statement of Annual
          Pemegang Saham Tahunan PT Bank Syariah                                                                     General Meeting of Shareholders PT Bank
          Indonesia Tbk No. 2 tanggal 4 Oktober 2023                                                                 Syariah Indonesia Tbk No. 2 dated
          yang dibuat di hadapan Notaris Ashoya Ratam,                                                               4 October 2023 made before the Notary
          S.H., M.Kn., notaris di Jakarta, adalah sebagai                                                            Ashoya Ratam, S.H., M.Kn., notary in Jakarta,
          berikut:                                                                                                   is as follows:

                                                                                   31 Desember/December 2023
          Dewan Komisaris                                                                                                                                        Board of Commissioners
          Komisaris Utama/                                                                                                                                        President Commissioner/
            Komisaris Independen                                                                Muliaman D. Hadad                                            Independent Commissioner
          Wakil Komisaris Utama/                                                                                                                             Vice President Commissioner/
            Komisaris Independen                                                              Adiwarman Azwar Karim                                          Independent Commissioner
          Komisaris                                                                                   Suyanto                                                               Commissioner
          Komisaris                                                                              Masduki Baidlowi                                                           Commissioner
          Komisaris                                                                             Imam Budi Sarjito1)                                                         Commissioner
          Komisaris                                                                                  Sutanto1)                                                              Commissioner
          Komisaris                                                                               Abu Rokhmad                                                               Commissioner
          Komisaris Independen                                                                M. Arief Rosyid Hasan1)                                           Independent Commissioner
          Komisaris Independen                                                                 Komaruddin Hidayat                                               Independent Commissioner
          Komisaris Independen                                                                    Mohamad Nasir                                                 Independent Commissioner
          1) Telah diberhentikan dengan hormat dalam RUPS Tahunan Bank tanggal 17 Mei 2024.                          1) Has been honorably discharged at the Bank's Annual GMS on 17 May 2024.




                                                                                         Halaman - 14 - Page
Page 553
                                                                        PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                                                  NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                                    31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                             (Expressed in millions of Rupiah, unless otherwise stated)

1.   UMUM (lanjutan)                                                                                 1.   GENERAL (continued)

     b.   Struktur dan manajemen (lanjutan)                                                               b. Structure and management (continued)

          Susunan Direksi Bank pada tanggal                                                                      The composition of the Board of Directors of the
          31 Desember 2024 berdasarkan Akta                                                                      Bank as at 31 December 2024 based on the
          Pernyataan     Keputusan     Rapat   Umum                                                              Deed of Statement of Resolutions of the Annual
          Pemegang Saham Tahunan PT Bank Syariah                                                                 General Meeting of Shareholders of PT Bank
          Indonesia     Tbk     No.      35   tanggal                                                            Syariah Indonesia Tbk No. 35 dated
          23 Oktober 2024 yang dibuat di hadapan                                                                 23 October 2024 made before the Notary
          Notaris Ashoya Ratam, S.H., M.Kn., notaris di                                                          Ashoya Ratam, S.H., M.Kn., notary in Jakarta,
          Jakarta, adalah sebagai berikut:                                                                       is as follows:

                                                                                   31 Desember/December 2024
          Direksi                                                                                                                                                            Board of Directors
          Direktur Utama                                                                    Hery Gunardi                                                                       President Director
          Wakil Direktur Utama                                                          Bob Tyasika Ananta                                                                Vice President Director
          Direktur                                                                      Ade Cahyo Nugroho                                                                                Director
          Direktur                                                                         Anton Sukarna                                                                                 Director
          Direktur                                                                         Zaidan Novari                                                                                 Director
          Direktur                                                                       Saladin D. Effendi                                                                              Director
          Direktur                                                                  Grandhis Helmi Harumansyah                                                                           Director
          Direktur Kepatuhan                                                           Tribuana Tunggadewi                                                                   Compliance Director
          Direktur                                                                      Harry Gusti Utama1)                                                                              Director
          Direktur                                                                           Ari Rizaldi1)                                                                               Director
          1) Diangkat dalam RUPS Tahunan Bank tanggal 17 Mei 2024 dan telah mendapatkan                        1)        Appointed at the Bank's Annual GMS on 17 May 2024 and has received approval from OJK in
             persetujuan OJK sesuai dengan Surat Keputusan Dewan Komisioner OJK No. KEPR-                                accordance with OJK Board of Commissioners Decree No. KEPR-117/D.03/2024 dated 7
             117/D.03/2024 tanggal 7 Oktober 2024 dan KEPR-116/D.03/2024 tanggal 7 Oktober 2024.                         October 2024 and KEPR-116/D.03/2024 dated 7 October 2024.



          Susunan Direksi Bank pada tanggal                                                                      The composition of the Board of Directors of the
          31 Desember 2023 berdasarkan Akta                                                                      Bank as at 31 December 2023 based on the
          Pernyataan     Keputusan     Rapat      Umum                                                           Deed of Statement of Resolutions of the Annual
          Pemegang Saham Tahunan PT Bank Syariah                                                                 General Meeting of Shareholders of PT Bank
          Indonesia Tbk No. 2 tanggal 4 Oktober 2023                                                             Syariah Indonesia Tbk No. 2 dated
          yang dibuat di hadapan Notaris Ashoya                                                                  4 October 2023 made before the Notary
          Ratam, S.H., M.Kn., notaris di Jakarta, adalah                                                         Ashoya Ratam, S.H., M.Kn., notary in Jakarta,
          sebagai berikut:                                                                                       is as follows:

                                                                                   31 Desember/December 2023
          Direksi                                                                                                                                                            Board of Directors
          Direktur Utama                                                                    Hery Gunardi                                                                       President Director
          Wakil Direktur Utama                                                          Bob Tyasika Ananta                                                                Vice President Director
          Direktur                                                                            Ngatari1)                                                                                  Director
          Direktur                                                                         Zaidan Novari                                                                                 Director
          Direktur                                                                         Anton Sukarna                                                                                 Director
          Direktur                                                                       Saladin D. Effendi                                                                              Director
          Direktur                                                                  Grandhis Helmi Harumansyah                                                                           Director
          Direktur Kepatuhan                                                           Tribuana Tunggadewi                                                                   Compliance Director
          Direktur                                                                      Ade Cahyo Nugroho                                                                                Director
          Direktur                                                                           Moh. Adib1)                                                                                 Director
          1) Telah diberhentikan dengan hormat dalam RUPS Tahunan Bank tanggal 17 Mei 2024.                    1)        Has been honorably discharged at the Bank's Annual GMS on 17 May 2024.



          Susunan Dewan Pengawas Syariah Bank                                                                        The composition of the Bank's Sharia
          pada tanggal 31 Desember 2024 berdasarkan                                                                  Supervisory Board as at 31 December 2024
          Akta Pernyataan Keputusan Rapat Umum                                                                       based on the Deed of Decision of the Annual
          Pemegang Saham Tahunan PT Bank Syariah                                                                     General Meeting of Shareholders of PT Bank
          Indonesia     Tbk     No.      35   tanggal                                                                Syariah Indonesia Tbk No. 35 dated
          23 Oktober 2024 yang dibuat di hadapan                                                                     23 Oktober 2024 which was made before the
          Notaris Ashoya Ratam, S.H., M.Kn., notaris di                                                              Notary Ashoya Ratam, S.H., M.Kn., notary in
          Jakarta, adalah sebagai berikut:                                                                           Jakarta, is as follows:

                                                                                   31 Desember/December 2024
          Dewan Pengawas Syariah                                                                                                                                 Sharia Supervisory Board
          Ketua                                                                               Hasanudin                                                                          Chairman
          Anggota                                                                         Mohamad Hidayat                                                                         Member
          Anggota                                                                             Oni Sahroni                                                                         Member
          Anggota                                                                           Jaih Mubarok1)                                                                        Member
          Anggota                                                                       Abdul Ghofur Maimoen2)                                                                    Member
          1)   Diangkat dalam RUPS Tahunan Bank tanggal 17 Mei 2024 dan telah mendapatkan                           1)     Appointed at the Bank's Annual GMS on 17 May 2024 and has received approval from the
               persetujuan dari OJK sesuai dengan surat No. SR-450/PB.02/2024 tanggal 14 Oktober                           OJK in accordance with letter No. SR-450/PB.02/2024 dated 14 October 2024.
               2024.
          2)   Diangkat dalam RUPS Tahunan tanggal 17 Mei 2024 dan telah mendapatkan persetujuan                    2)     Appointed at the Annual GMS on 17 May 2024 and has received approval from the OJK in
               Otoritas Jasa Keuangan (“OJK”) sesuai dengan Surat No. SR-13/PB.02/2025 tanggal                             accordance with letter No. SR-13/PB.02/2025 dated 9 January 2025.
               9 Januari 2025.




                                                                                         Halaman - 15 - Page
Page 554
                                                                         PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                                                         NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                                           31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                                    (Expressed in millions of Rupiah, unless otherwise stated)

1.   UMUM (lanjutan)                                                                                        1.   GENERAL (continued)

     b.   Struktur dan manajemen (lanjutan)                                                                       b.             Structure and management (continued)

          Susunan Dewan Pengawas Syariah Bank                                                                                The composition of the Bank's Sharia
          pada tanggal 31 Desember 2023 berdasarkan                                                                          Supervisory Board as at 31 December 2023
          Akta Pernyataan Keputusan Rapat Umum                                                                               based on the Deed of Decision of the Annual
          Pemegang Saham Tahunan PT Bank Syariah                                                                             General Meeting of Shareholders of PT Bank
          Indonesia Tbk No. 42 tanggal 31 Mei 2021                                                                           Syariah Indonesia Tbk No. 42 dated
          yang dibuat di hadapan Notaris Ashoya                                                                              31 May 2021 which was made before the
          Ratam, S.H., M.Kn., notaris di Jakarta, adalah                                                                     Notary Ashoya Ratam, S.H., M.Kn., notary in
          sebagai berikut:                                                                                                   Jakarta, is as follows:

                                                                                    31 Desember/December 2023
          Dewan Pengawas Syariah                                                                                                                                         Sharia Supervisory Board
          Ketua                                                                                     Hasanudin                                                                            Chairman
          Anggota                                                                               Mohamad Hidayat                                                                           Member
          Anggota                                                                                  Oni Sahroni                                                                            Member
          Anggota                                                                               Didin Hafidhuddin1)                                                                       Member

          1)   Telah diberhentikan dengan hormat dalam RUPS Tahunan Bank tanggal 17 Mei 2024.                          1)        Has been honorably discharged at the Bank's Annual GMS on 17 May 2024.



          Susunan Komite Audit Bank pada tanggal                                                                             The composition of the Bank's Audit
          31 Desember 2024 berdasarkan Surat                                                                                 Committee as at 31 December 2024 based
          Keputusan Direksi No. Kep: 04/200-KEP/DIR                                                                          on the Decree of the Board of Directors No.
          tanggal 31 Mei 2024 dan Surat Dewan                                                                                Kep: 04/200-KEP/DIR dated 31 May 2024
          Komisaris   No.    04/017-3/KOM     tanggal                                                                        and the Letter of the Board of Commissioners
          31 Mei 2024 adalah sebagai berikut:                                                                                No. 04/017-3/KOM dated 31 May 2024 as
                                                                                                                             follows:

                                                                                    31 Desember/December 2024
          Komite Audit                                                                                                                                                                   Audit Committee
          Ketua                                                                              Mohamad Nasir                                                                                      Chairman
          Anggota                                                                          Muliaman D. Hadad                                                                                     Member
          Anggota                                                                        Adiwarman Azwar Karim                                                                                   Member
          Anggota                                                                          Komaruddin Hidayat                                                                                    Member
          Anggota                                                                        Felicitas Tallulembang1)                                                                                Member
          Anggota                                                                                 Suharto                                                                                        Member
          Anggota                                                                        Rahmatina Awaliah Kasri                                                                                 Member

          1)   Diangkat dalam RUPS Tahunan tanggal 17 Mei 2024 dan telah mendapatkan persetujuan                            1)     Appointed at the Bank's Annual GMS on 17 May 2024 and has received approval from OJK in
               dari OJK sesuai dengan Surat Keputusan Dewan Komisioner OJK No. KEPR-                                               accordance with OJK Board of Commissioners Decree No. KEPR-172/D.03/2024 dated
               172/D.03/2024 tanggal 9 Desember 2024.                                                                              9 December 2024.



          Susunan Komite Audit Bank pada tanggal                                                                             The composition of the Bank's Audit
          31 Desember 2023 berdasarkan Surat                                                                                 Committee as at 31 December 2023 based
          Keputusan Direksi No. Kep: 03/267-KEP/DIR                                                                          on the Decree of the Board of Directors No.
          tanggal 13 Juli 2023 dan Surat Dewan                                                                               Kep: 03/267-KEP/DIR dated 13 July 2023
          Komisaris     No.   03/025-3/KOM    tanggal                                                                        and the Letter of the Board of Commissioners
          6 Juli 2023 adalah sebagai berikut:                                                                                No. 03/025-3/KOM dated 6 July 2023 as
                                                                                                                             follows:

                                                                                    31 Desember/December 2023
          Komite Audit                                                                                                                                                                   Audit Committee
          Ketua                                                                              Mohamad Nasir                                                                                      Chairman
          Anggota                                                                          Muliaman D. Hadad                                                                                     Member
          Anggota                                                                        Adiwarman Azwar Karim                                                                                   Member
          Anggota                                                                        M. Arief Rosyid Hasan1)                                                                                 Member
          Anggota                                                                         Komaruddin Hidayat                                                                                     Member
          Anggota                                                                           M. Zacky Thayib                                                                                      Member
          Anggota                                                                          M. Gunawan Yasni                                                                                      Member

          1)   Telah diberhentikan dengan hormat dalam RUPS Tahunan Bank tanggal 17 Mei 2024.                               1)     Has been honorably discharged at the Bank's Annual GMS on 17 May 2024.




                                                                                          Halaman - 16 - Page
Page 555
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)       (Expressed in millions of Rupiah, unless otherwise stated)

1.   UMUM (lanjutan)                                            1.   GENERAL (continued)

     b.   Struktur dan manajemen (lanjutan)                          b.   Structure and management (continued)

          Pada tanggal 31 Desember 2024 Sekretaris                        On 31 December 2024, Corporate Secretary of
          Perusahaan dari Bank adalah Wisnu                               the Bank is Wisnu Sunandar and on 31
          Sunandar        dan     pada         tanggal                    December 2023, Corporate Secretary of the
          31 Desember 2023 Sekretaris Perusahaan                          Bank is Gunawan Arief Hartoyo.
          dari Bank adalah Gunawan Arief Hartoyo.

          Berdasarkan kebijakan Bank, manajemen                           Based on the Bank’s policies, key management
          kunci Bank mencakup anggota Dewan                               of the Bank consists of members of the Board of
          Komisaris dan Direksi.                                          Commissioners and Board of Directors.

          Gaji dan kompensasi lainnya yang dibayarkan                     Salaries and other compensation paid to the
          kepada Dewan Komisaris dan Direksi untuk                        Board of Commissioners and the Board of
          tahun yang berakhir pada 31 Desember 2024                       Directors for the year ended 31 December 2024
          dan 2023 sebesar Rp159.386 dan Rp134.912.                       and 2023 are Rp159,386 and Rp134,912.

          Jumlah karyawan tetap Bank pada tanggal                         As at 31 December 2024 and 2023, the Bank
          31 Desember 2024 dan 2023 masing-masing                         has    16,691  and    17,245  employees,
          sebanyak 16.691 dan 17.245 orang.                               respectively.

     c.   Penawaran Umum Perdana Saham                               c. Initial Public Offering (“IPO”)

          Pada bulan Mei 2018, Bank melakukan                             In May 2018, the Bank undertook the initial
          penawaran umum perdana saham meliputi                           public offering of PT Bank BRIsyariah Tbk
          2.623.350.600 lembar saham baru dengan                          shares included 2,623,350,600 new shares
          nilai nominal Rp500 (nilai penuh) per lembar                    with a nominal value of Rp500 (full amount)
          saham dengan harga jual Rp510 (nilai penuh)                     per share at a selling price of Rp510 (full
          per lembar saham kepada masyarakat di                           amount) per share to the public in Indonesia.
          Indonesia. Bank telah mendapatkan surat                         The Bank has received an effective registration
          pernyataan efektif pendaftaran PT Bank                          statement letter of PT Bank BRISyariah Tbk
          BRISyariah Tbk atas penawaran umum                              regarding the initial public offering of shares
          perdana saham dari OJK No. S.37/D.04/2018                       from OJK No. S.37/D.04/2018 dated 30 April
          tanggal 30 April 2018. Saham yang ditawarkan                    2018. The offered shares began to be listed
          tersebut mulai dicatatkan dan diperdagangkan                    and traded on the Indonesia Stock Exchange
          di Bursa Efek Indonesia (”BEI”) pada tanggal                    (“IDX”) on 9 May 2018.
          9 Mei 2018.

     d.   Penawaran Umum Saham Terbatas                              d. Limited Public Offering

          Pada     bulan   Desember     2022,   Bank                      In December 2022, the Bank increased
          meningkatkan modal ditempatkan dan disetor                      additional paid-in capital through Right Issue
          melalui Penambahan Modal dengan Hak                             with Pre-Emptive Rights I (“PMHMETD” I), in
          Memesan Efek Terlebih Dahulu I (”PMHMETD”                       accordance with the results of the
          I), sesuai hasil keputusan Rapat Umum                           Extraordinary General Meeting of Shareholder
          Pemegang Saham Luar Biasa (”RUPSLB”)                            (“EGMS”) dated 23 September 2022. From
          tanggal 23 September 2022. Dari PMHMETD I,                      PMHMETD I, the Bank has increased its share
          Bank telah meningkatkan jumlah modal                            capital by 4,999,952,795 Series B shares (full
          sahamnya sebanyak 4.999.952.795 lembar                          amount) with a nominal value of Rp500 per
          saham Seri B (nilai penuh) dengan nilai                         share (full amount), from Rp20,564,654 to
          nominal per lembar saham Rp500 (nilai                           Rp23,064,630, as stated in Notarial Deed No.
          penuh),     dari   Rp20.564.654     menjadi                     191 dated 29 December 2022 of Notary Jose
          Rp23.064.630, sebagaimana tercantum pada                        Dima Satria, S.H., M.Kn., in Jakarta. The Bank
          Akta No. 191 tanggal 29 Desember 2022,                          has received an effective registration
          Notaris Jose Dima Satria, S.H., M.Kn., di                       statement letter regarding PMHMETD I to the
          Jakarta. Bank telah mendapatkan surat                           Banks’     shareholders     from    OJK    No.
          pernyataan efektif pendaftaran sehubungan                       S.256/D.04/2022 dated 5 December 2022.
          dengan PMHMETD I kepada para pemegang
          saham Bank dari OJK dengan No.
          S.256/D.04/2022 tanggal 5 Desember 2022.




                                                    Halaman - 17 - Page
Page 556
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)       (Expressed in millions of Rupiah, unless otherwise stated)

2.   KEBIJAKAN AKUNTANSI MATERIAL                               2.   MATERIAL ACCOUNTING POLICIES

     Laporan keuangan Bank diselesaikan dan diotorisasi              The financial statements of the Bank are completed
     untuk   terbit   oleh  Direksi   pada     tanggal               and authorised for issuance by the Board of
     4 Februari 2025.                                                Directors on 4 February 2025.

     Kebijakan akuntansi material yang diterapkan                    The material accounting policies adopted in
     dalam penyusunan laporan keuangan Bank adalah                   preparing the Bank’s financial statements are set
     seperti dijabarkan di bawah ini:                                out below:

     a.   Dasar penyusunan laporan keuangan                          a. Basis of preparation of financial statements

          Berikut ini adalah ikhtisar kebijakan akuntansi                 Presented below are the material accounting
          material yang diterapkan dalam penyusunan                       policies applied in the preparation of the
          laporan keuangan Bank yang disusun                              financial statements of the Bank in accordance
          berdasarkan Standar Akuntansi Keuangan di                       with    Indonesian      Financial    Accounting
          Indonesia yang mencakup Pernyataan Standar                      Standards which comprise of Statements of
          Akuntansi Keuangan (“PSAK”), Pernyataan                         Financial Accounting Standards (“SFAS”),
          Standar Akuntansi Keuangan Syariah (“PSAK                       Statements of Sharia Financial Accounting
          Syariah”), Interpretasi Standar Akuntansi                       Standards (“SFAS Sharia”), Interpretation of
          Keuangan (“ISAK”) yang diterbitkan oleh Ikatan                  Financial Accounting Standards (“ISAK”)
          Akuntan Indonesia, Pedoman Akuntansi                            issued by Institute of Indonesian Chartered
          Perbankan Syariah Indonesia (“PAPSI Revisi                      Accountant,     Indonesia    Sharia    Banking
          2013”) serta peraturan regulator pasar modal                    Accounting Guidelines (“PAPSI Revised 2013”)
          yaitu Peraturan No. VIII.G.7 tentang “Penyajian                 as well as capital market regulator regulations,
          dan Pengungkapan Laporan Keuangan Emiten                        which is Regulation No. VIII.G.7 regarding
          dan Perusahaan Publik”, yang terlampir dalam                    “Financial Statements Presentation and
          surat keputusan No. KEP-347/BL/2012.                            Disclosure of Issuers or Public Companies”,
          Peraturan tersebut sekarang merupakan                           enclosed in the decision letter No. KEP-
          regulasi dari Otoritas Jasa Keuangan (“OJK”).                   347/BL/2012. The regulation is now a
                                                                          regulation under Indonesian Financial Services
                                                                          Authority (“OJK”).

          Laporan keuangan disusun sesuai dengan                          The financial statements are prepared in
          PSAK 401, “Penyajian Laporan Keuangan                           accordance with SFAS 401, “Presentation of
          Syariah”. Berdasarkan PSAK 401, laporan                         Sharia Financial Statements”. Based on SFAS
          keuangan bank syariah yang lengkap terdiri                      401, a complete sharia bank financial
          dari komponen-komponen sebagai berikut:                         statements    consist   of    the   following
                                                                          components:

          (i)      Laporan posisi keuangan;                               (i)      Statements of financial position;
          (ii)     Laporan laba rugi dan penghasilan                      (ii)     Statements of profit or loss and other
                   komprehensif lain;                                              comprehensive income;
          (iii)    Laporan perubahan ekuitas;                             (iii)    Statements of changes in equity;
          (iv)     Laporan arus kas;                                      (iv)     Statements of cash flows;
          (v)      Laporan rekonsiliasi pendapatan dan                    (v)      Statements of reconciliation of income
                   bagi hasil;                                                     and revenue sharing;
          (vi)     Laporan sumber dan penyaluran dana                     (vi)     Statements of sources and distribution
                   zakat;                                                          of zakat funds;
          (vii)    Laporan sumber dan penggunaan dana                     (vii)    Statements of sources and uses of
                   kebajikan; dan                                                  qardhul hasan funds; and
          (viii)   Catatan atas laporan keuangan.                         (viii)   Notes to the financial statements.

          Laporan posisi keuangan, laporan laba rugi                      The     statements    of    financial  position,
          dan penghasilan komprehensif lain, laporan                      statements of profit or loss and other
          arus kas dan laporan perubahan ekuitas                          comprehensive income, statements of cash
          merupakan        laporan keuangan     yang                      flows and statements of changes in equity are
          mencerminkan kegiatan komersial Bank sesuai                     the financial statements reflecting the Bank's
          prinsip syariah.                                                commercial activities in accordance with sharia
                                                                          principle.




                                                    Halaman - 18 - Page
Page 557
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)       (Expressed in millions of Rupiah, unless otherwise stated)

2.   KEBIJAKAN AKUNTANSI MATERIAL (lanjutan)                    2.   MATERIAL ACCOUNTING POLICIES (continued)

     a.   Dasar penyusunan         laporan     keuangan              a. Basis of preparation of financial statements
          (lanjutan)                                                    (continued)

          Laporan keuangan disajikan berdasarkan nilai                    The financial statements are presented on a
          historis, kecuali disebutkan lain sebagaimana                   historical cost basis, unless stated otherwise
          diuraikan dalam kebijakan akuntansi masing-                     as described in the accounting policy for each
          masing akun tersebut, dan disusun dengan                        account, and prepared on accrual basis,
          dasar akrual, kecuali laporan arus kas dan                      except for statements of cash flows and
          laporan rekonsiliasi pendapatan dan bagi hasil.                 statements of reconciliation of income and
                                                                          revenue sharing.

          Laporan      arus     kas     disusun    dengan                 The statements of cash flows are prepared
          menggunakan metode langsung dengan                              using the direct method by classifying cash
          mengelompokkan arus kas dalam aktivitas                         flows into operating, investing and financing
          operasi, investasi dan pendanaan. Untuk                         activities. For the presentation of statements of
          penyajian laporan arus kas, kas dan setara                      cash flows, cash and cash equivalents consist
          kas terdiri dari kas, giro dan penempatan pada                  of cash, current accounts and placements with
          Bank Indonesia, giro pada bank lain, dan                        Bank Indonesia, current accounts with other
          penempatan pada bank lain yang jatuh tempo                      banks and placements with other banks with
          dalam 3 (tiga) bulan dari tanggal akuisisi.                     maturities of 3 (three) months from the date of
                                                                          acquisition.

          Laporan rekonsiliasi pendapatan dan bagi                        The statements of reconciliation of income and
          hasil    merupakan     rekonsiliasi  antara                     revenue sharing represents the reconciliation
          pendapatan bank syariah yang menggunakan                        between income of sharia bank under accrual
          dasar    akrual  (accrual   basis)  dengan                      basis and income distributed to fund owners
          pendapatan yang dibagihasilkan kepada                           under cash basis.
          pemilik dana yang menggunakan dasar kas
          (cash basis).

          Laporan sumber dan penyaluran dana zakat                        The statements of sources and distribution of
          dan laporan sumber dan penggunaan dana                          zakat funds and statements of sources and
          kebajikan merupakan laporan keuangan yang                       uses of qardhul hasan funds represent the
          mencerminkan peran Bank sebagai pemegang                        financial statements reflecting the Bank’s role
          amanah dana kegiatan sosial yang dikelola                       as the mandate holder of social activity funds
          secara terpisah.                                                which are separately managed.

          Laporan sumber dan penyaluran dana zakat                        The statements of sources and distribution of
          merupakan laporan yang menunjukkan                              zakat funds show the sources and distribution
          sumber dan penyaluran dana zakat dalam                          of zakat funds for a certain period, and the
          jangka waktu tertentu, serta dana zakat yang                    undistributed zakat funds on a particular date.
          belum disalurkan pada tanggal tertentu.

          Laporan sumber dan penggunaan dana                              The statements of sources and uses of qardhul
          kebajikan    menunjukkan    sumber    dan                       hasan funds show the sources and uses of
          penggunaan dana kebajikan dalam jangka                          qardhul hasan funds for a certain period, and
          waktu tertentu serta saldo dana kebajikan                       the qardhul hasan funds balance on a
          pada tanggal tertentu.                                          particular date.




                                                    Halaman - 19 - Page
Page 558
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)       (Expressed in millions of Rupiah, unless otherwise stated)

2.   KEBIJAKAN AKUNTANSI MATERIAL (lanjutan)                    2.   MATERIAL ACCOUNTING POLICIES (continued)

     a.   Dasar penyusunan         laporan     keuangan              a.   Basis of preparation of financial statements
          (lanjutan)                                                      (continued)

          Zakat adalah sebagian dari harta yang wajib                     Zakat is part of the wealth which must be taken
          dikeluarkan oleh muzakki (pembayar zakat)                       out by muzakki (the zakat payer) to be given to
          untuk diserahkan kepada mustahiq (penerima                      mustahiq (the zakat receiver). The sources of
          zakat). Sumber dana zakat, infaq dan shadaqah                   zakat, infaq and shadaqah funds are derived from
          berasal dari Bank dan pihak lain yang diterima                  the Bank and other parties to be distributed to
          Bank untuk disalurkan kepada pihak yang                         parties eligible in accordance with sharia principle.
          berhak sesuai dengan prinsip syariah.

          Bank tidak secara langsung menjalankan                          The Bank is not directly involved in the
          fungsi pengelolaan dana zakat dan dana                          management of zakat and qardhul hasan
          kebajikan.                                                      funds.

          Mata uang pelaporan yang digunakan dalam                        The reporting currency used in the financial
          laporan keuangan adalah mata uang Rupiah                        statements is Rupiah (“Rp”) which is also the
          (“Rp”) yang juga merupakan mata uang                            Bank’s functional currency. The figures
          fungsional. Angka-angka yang disajikan dalam                    presented in the financial statements, unless
          laporan keuangan, kecuali bila dinyatakan                       otherwise stated, are rounded in millions of
          secara khusus, adalah dibulatkan dalam jutaan                   Rupiah.
          Rupiah.

     b.   Perubahan Pernyataan Standar Akuntansi                     b.   Changes to Statements of Financial
          Keuangan (“PSAK”) dan Interpretasi Standar                      Accounting     Standards (“SFAS”) and
          Akuntansi Keuangan (“ISAK”)                                     Interpretations of   Financial Accounting
                                                                          Standards (“IFAS”)

          Berikut ini adalah standar akuntansi                            The following are new financial accounting
          keuangan baru, perubahan dan interpretasi                       standards, amendments and interpretations of
          standar akuntansi keuangan yang berlaku                         financial accounting standards which become
          efektif sejak 1 Januari 2024:                                   effective starting 1 January 2024:

          •   Amendemen PSAK 116: “Sewa” tentang                          •   Amendment of SFAS 116: “Leases”
              liabilitas sewa pada transaksi jual dan                         regarding lease liabilities in sale-and-
              sewa-balik;                                                     lease back transactions;
          •   Amendemen PSAK 201: "Penyajian                              •   Amendment of SFAS 201: "Presentation
              Laporan Keuangan" tentang klasifikasi                           of    Financial     Statements" regarding
              liabilitas lancar atau tidak lancar;                            classification of liabilities as current or
                                                                              non-current;
          •   Amendemen PSAK 201: “Penyajian                              •   Amendment of SFAS 201: “Presentation
              Laporan Keuangan” tentang liabilitas                            of Financial Statements” regarding long-
              jangka panjang dengan kovenan; dan                              term liabilities with the covenant; and
          •   Revisi PSAK 401: “Penyajian Laporan                         •   Revision of SFAS 401: "Presentation of
              Keuangan Syariah" tentang penghilangan                          Sharia Financial Statements" regarding the
              penyajian laporan perubahan aset kelolaan                       elimination of presentation of reports on
              sebagai salah satu komponen laporan                             changes in assets under management as a
              keuangan.                                                       component of financial reports.

          Implementasi dari standar-standar tersebut                      The implementation of the above standards did
          tidak menghasilkan perubahan substansial                        not result in substantial changes to the Bank’s
          terhadap kebijakan akuntansi Bank dan tidak                     accounting policies and had no material impact
          memiliki dampak yang material terhadap                          to the Bank’s financial statements for current
          laporan keuangan Bank di tahun berjalan                         period of prior financial years.
          atau tahun sebelumnya.




                                                    Halaman - 20 - Page
Page 559
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)       (Expressed in millions of Rupiah, unless otherwise stated)

2.   KEBIJAKAN AKUNTANSI MATERIAL (lanjutan)                    2.   MATERIAL ACCOUNTING POLICIES (continued)

     c.   Transaksi dengan pihak berelasi                            c. Transactions with related parties

          Bank melakukan transaksi dengan pihak-pihak                     The Bank enters into transactions with parties
          berelasi seperti yang didefinisikan dalam                       which are defined as related parties in
          PSAK 224 tentang “Pengungkapan Pihak-                           accordance with SFAS 224 regarding “Related
          pihak Berelasi” dan Peraturan No. VIII.G.7                      Party Disclosures” and Regulation No. VIII.G.7
          tentang “Penyajian dan Pengungkapan                             regarding “Financial Statements Presentation
          Laporan Keuangan Emiten atau Perusahaan                         and Disclosure of Issuers or Public
          Publik”.                                                        Companies”.

          Suatu pihak dianggap pihak berelasi dengan                      A party is considered as a related party of the
          Bank jika:                                                      Bank if:

          (1) langsung, atau tidak langsung yang melalui                  (1) directly or indirectly through one or more
              satu atau lebih perantara, suatu pihak:                         intermediaries, the party: (i) controls, or is
              (i) mengendalikan, atau dikendalikan oleh,                      controlled by, or under common control
              atau berada di bawah pengendalian                               with the Bank; (ii) has an interest in the
              bersama, dengan Bank; (ii) memiliki                             Bank that provides significant influence to
              kepentingan dalam Bank yang memberikan                          the Bank; or (iii) has joint control over the
              pengaruh signifikan atas Bank; atau                             Bank;
              (iii) memiliki pengendalian bersama atas
              Bank;
          (2) suatu pihak yang berada dalam kelompok                      (2) it is a member of the same group as the
              usaha yang sama dengan Bank;                                    Bank;
          (3) suatu pihak adalah ventura bersama                          (3) it is a joint venture in which the Bank acts
              dimana Bank sebagai venturer;                                   as a venturer;
          (4) suatu pihak adalah anggota dari personil                    (4) it is a member of the key management
              manajemen kunci Bank;                                           personnel of the Bank;
          (5) suatu pihak adalah anggota keluarga dekat                   (5) it is a close family member of an individual
              dari individu yang diuraikan dalam butir                        as described in point (1) or (4);
              (1) atau (4);
          (6) suatu     pihak    adalah    entitas    yang                (6) it is an entity that is controlled, jointly
              dikendalikan, dikendalikan bersama atau                         controlled or significantly influenced by or
              dipengaruhi signifikan oleh atau untuk                          for whom has significant voting rights in
              pihak yang memiliki hak suara signifikan                        several entities, directly or indirectly, by the
              pada beberapa entitas, langsung maupun                          individuals described in point (4) or (5); and
              tidak langsung, yaitu individu seperti
              diuraikan dalam butir (4) atau (5); dan
          (7) suatu pihak adalah suatu program imbalan                    (7) it is a post-employment benefit plan
              pasca kerja untuk imbalan kerja dari Bank                       program for the employee benefit of either
              atau entitas yang terkait dengan Bank.                          the Bank or entities related to the Bank.

          Seluruh transaksi dan saldo yang material                       All material transactions and balances with
          dengan pihak berelasi diungkapkan dalam                         related parties are disclosed in the relevant
          catatan atas laporan keuangan yang relevan                      notes to the financial statements and the
          dan rinciannya telah disajikan dalam Catatan                    details are presented in Note 44 of the financial
          44 atas laporan keuangan.                                       statements.

     d.   Cadangan kerugian penurunan nilai                          d. Allowance for impairment losses

          Piutang murabahah                                               Murabahah receivables

          Bank    menghitung    cadangan    kerugian                      The Bank calculates individual allowance for
          penurunan nilai individual untuk piutang                        impairment losses for murabahah receivable in
          murabahah sesuai dengan ketentuan di PSAK                       accordance with SFAS 402 “Accounting for
          402 "Akuntansi Murabahah", ISAK 402                             Murabahah”, IFAS 402 “Impairment of
          “Penurunan Nilai Piutang Murabahah”, dan                        Murabahah Receivables”, and PAPSI Revised
          PAPSI Revisi 2013.                                              2013.

          Bank mengevaluasi apakah terdapat bukti                         The Bank assesses whether there is any
          objektif bahwa aset keuangan mengalami                          objective evidence that a financial asset is
          penurunan nilai pada setiap tanggal laporan                     impaired at each statement of financial position
          posisi keuangan.                                                date.


                                                    Halaman - 21 - Page
Page 560
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)       (Expressed in millions of Rupiah, unless otherwise stated)

2.   KEBIJAKAN AKUNTANSI MATERIAL (lanjutan)                    2.   MATERIAL ACCOUNTING POLICIES (continued)

     d.   Cadangan      kerugian     penurunan       nilai           d. Allowance for impairment losses (continued)
          (lanjutan)

          Piutang murabahah (lanjutan)                                    Murabahah receivables (continued)

          Aset keuangan mengalami penurunan nilai jika                    Financial assets are impaired when an
          bukti objektif menunjukkan bahwa peristiwa                      objective evidence demonstrates that a loss
          yang merugikan telah terjadi setelah                            event has occurred after the initial recognition
          pengakuan awal aset keuangan dan peristiwa                      of the asset and that the loss event has an
          tersebut berdampak pada arus kas masa                           impact on the future cash flows of the financial
          datang atas aset keuangan yang dapat                            asset that can be estimated reliably.
          diestimasi secara andal.

          Kriteria yang digunakan oleh Bank untuk                         The criteria used by the Bank to determine
          menentukan bukti objektif dari penurunan nilai                  objective evidence of impairment are as
          adalah sebagai berikut:                                         follows:

          (1) kesulitan keuangan signifikan yang dialami                  (1)   significant financial difficulty of the issuer or
              penerbit atau pihak peminjam;                                     obligor;
          (2) pelanggaran kontrak, seperti terjadinya                     (2)   a breach of contract, such as a default or
              wanprestasi atau tunggakan pembayaran                             arrears on principal or margin payments;
              pokok atau margin;
          (3) pihak pemberi pinjaman, dengan alasan                       (3)   the lender, for economic or legal reasons
              ekonomi atau hukum sehubungan dengan                              relating to the debtor’s financial difficulty,
              kesulitan keuangan yang dialami pihak                             grants the debtor a concession that the
              peminjam,       memberikan      keringanan                        lender would not otherwise consider;
              (konsesi) pada pihak peminjam yang tidak
              mungkin diberikan jika pihak peminjam
              tidak mengalami kesulitan tersebut;
          (4) terdapat kemungkinan bahwa pihak                            (4)   it becomes probable that the debtor will
              peminjam akan dinyatakan pailit atau                              enter into bankruptcy or other financial
              melakukan reorganisasi keuangan lainnya;                          reorganisation;
          (5) hilangnya pasar aktif dari aset keuangan                    (5)   the disappearance of an active market of
              akibat kesulitan keuangan;                                        financial assets due to financial difficulties;
          (6) data      yang       dapat      diobservasi                 (6)   observable data indicating that there is a
              mengindikasikan adanya penurunan yang                             measurable decrease in the estimated
              dapat diukur atas estimasi arus kas masa                          future cash flows from a portfolio of
              datang dari kelompok aset keuangan sejak                          financial assets since the initial recognition
              pengakuan awal aset dimaksud, meskipun                            of those assets, although the decrease
              penurunannya belum dapat diidentifikasi                           cannot yet be identified individually in the
              terhadap aset keuangan secara individual                          portfolio;
              dalam kelompok aset tersebut;
          (7) memburuknya status pembayaran pihak                         (7)   adverse changes in the payment status of
              peminjam dalam kelompok tersebut; dan                             debtors in the portfolio; and
          (8) kondisi ekonomi nasional atau lokal yang                    (8)   national or local economic conditions that
              berkorelasi dengan wanprestasi atas aset                          correlate with breach of contract of the
              dalam kelompok tersebut.                                          assets in the portfolio.

          Bank pertama kali menentukan apakah                             The Bank first assesses whether an objective
          terdapat bukti objektif penurunan nilai secara                  evidence of impairment for financial assets that
          individual atas aset keuangan yang signifikan                   are individually significant and collectively for
          dan secara kolektif untuk aset keuangan yang                    financial assets that are not individually
          tidak signifikan secara individual.                             significant.

          Jika Bank menentukan tidak terdapat bukti                       If the Bank determines that there is no
          objektif mengenai penurunan nilai atas aset                     objective evidence of impairment for an
          keuangan yang dinilai secara individual,                        individually assessed financial asset, whether
          terlepas aset keuangan tersebut signifikan                      significant or not, it includes the asset in a
          atau tidak, maka Bank memasukkan aset                           group of financial assets with similar financing
          tersebut ke dalam kelompok aset keuangan                        risk characteristics and collectively assesses
          yang memiliki karakteristik risiko pembiayaan                   them for impairment. Financial assets that are
          yang serupa dan menilai penurunan nilai                         individually assessed for impairment, and for
          kelompok tersebut secara kolektif. Aset                         which an impairment loss is or continues to be
          keuangan yang penurunan nilainya dilakukan                      recognised is excluded in the collective
          secara individual, dan untuk itu kerugian                       assessment of impairment.
          penurunan nilai telah diakui atau tetap diakui,
          tidak termasuk dalam penilaian penurunan
          nilai secara kolektif.


                                                    Halaman - 22 - Page
Page 561
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)       (Expressed in millions of Rupiah, unless otherwise stated)

2.   KEBIJAKAN AKUNTANSI MATERIAL (lanjutan)                    2.   MATERIAL ACCOUNTING POLICIES (continued)

     d.   Cadangan      kerugian     penurunan       nilai           d. Allowance for impairment losses (continued)
          (lanjutan)

          Piutang murabahah (lanjutan)                                    Murabahah receivables (continued)

          Bank menetapkan piutang murabahah yang                          The Bank determines murabahah receivables
          harus dievaluasi penurunan nilainya secara                      to be evaluated for impairment through
          individual, jika memenuhi salah satu kriteria di                individual evaluation if one of the following
          bawah ini:                                                      criteria is met:
          (1) piutang murabahah memiliki kolektibilitas                   (1) murabahah receivables which have
                kurang lancar, diragukan dan macet, dan                        collectibility status as substandard,
                memiliki saldo nilai piutang secara                            doubtful and loss, and have an individual
                individual di atas atau sama dengan                            receivables balance of above or equal to
                Rp10.000; atau                                                 Rp10,000; or
          (2) piutang murabahah yang direstrukturisasi                    (2) murabahah        receivables   that    are
                atau pernah direstrukturisasi dan yang                         restructured or have been restructured
                secara individual memiliki saldo nilai                         and which individually have a balance of
                piutang di atas Rp10.000.                                      receivables above or equal Rp10,000.

          Bank menetapkan piutang murabahah yang                          The Bank determines murabahah receivables
          harus dievaluasi penurunan nilainya secara                      to be evaluated for impairment through
          kolektif, jika memenuhi salah satu kriteria di                  collective evaluation if one of the following
          bawah ini:                                                      criteria is met:
          (1) piutang murabahah yang secara individual                    (1) murabahah receivables which individually
              memiliki nilai signifikan namun tidak                             have significant value but there is no
              memiliki bukti objektif penurunan nilai;                          objective evidence of impairment;
          (2) piutang murabahah yang secara individual                    (2) murabahah receivables which individually
              memiliki nilai tidak signifikan; atau                             have insignificant value; or
          (3) piutang murabahah yang direstrukturisasi                    (3) restructured murabahah receivables which
              yang secara individual memiliki nilai tidak                       individually have insignificant value.
              signifikan.

          Perhitungan cadangan kerugian penurunan                         The calculation of allowance for impairment
          nilai atas aset keuangan yang dinilai secara                    losses on financial assets which are evaluated
          kolektif       dikelompokkan       berdasarkan                  collectively, grouped based on similar
          karakteristik risiko piutang yang sama dengan                   receivable risk characteristics and taking into
          mempertimbangkan          segmentasi   piutang                  account the receivable segmentation on the
          berdasarkan pengalaman kerugian masa lalu                       basis of historical loss experience (probability
          (probability of default).                                       of default).

          Bank menggunakan metode analisis migrasi                        The Bank uses the migration analysis method
          yang merupakan suatu metode analisis                            which is a statistical model analysis method to
          statistik, untuk menilai cadangan kerugian                      assess allowance for impairment losses on
          penurunan nilai atas piutang yang diberikan                     collective receivables. The Bank uses 5 (five)
          secara kolektif. Bank menggunakan data                          years historical data to compute for the
          historis 5 (lima) tahun dalam menghitung                        Probability of Default (“PD”) and Loss Given
          Probability of Default (“PD”) dan Loss Given                    Default (“LGD”).
          Default (“LGD”).

          Kerugian penurunan nilai atas aset keuangan                     Impairment losses on financial assets recorded
          yang     dicatat   pada    biaya     perolehan                  at amortised cost are measured as the
          diamortisasi diukur sebesar selisih antara nilai                difference between the carrying amount of the
          tercatat aset keuangan dengan nilai kini                        financial assets and present value of estimated
          estimasi arus kas masa datang yang                              future cash flows discounted at the financial
          didiskonto menggunakan tingkat margin efektif                   assets original effective margin rate.
          awal dari aset keuangan tersebut.




                                                    Halaman - 23 - Page
Page 562
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)       (Expressed in millions of Rupiah, unless otherwise stated)

2.   KEBIJAKAN AKUNTANSI MATERIAL (lanjutan)                    2.   MATERIAL ACCOUNTING POLICIES (continued)

     d.   Cadangan      kerugian     penurunan       nilai           d. Allowance for impairment losses (continued)
          (lanjutan)

          Piutang murabahah (lanjutan)                                    Murabahah receivables (continued)

          Kerugian yang terjadi diakui pada laporan laba                  Impairment    losses    are    recognised   in
          rugi dan penghasilan komprehensif lain dan                      statements of profit or loss and other
          dicatat pada akun cadangan kerugian                             comprehensive income and reflected in an
          penurunan nilai sebagai pengurang terhadap                      allowance for impairment losses account
          aset keuangan yang dicatat pada biaya                           against financial assets carried at amortised
          perolehan diamortisasi.                                         cost.

          Penerimaan kembali atas aset keuangan yang                      The recoveries of written-off financial assets in
          diberikan yang telah dihapusbukukan, pada                       the current year are credited by adjusting the
          tahun     berjalan      dikreditkan     dengan                  allowance for impairment losses accounts.
          menyesuaikan akun cadangan kerugian                             Recoveries of written-off loans from previous
          penurunan nilai. Penerimaan kembali atas                        years are recorded as operating income other
          pinjaman    yang     diberikan    yang     telah                than margin income.
          dihapusbukukan         pada         tahun-tahun
          sebelumnya dicatat sebagai pendapatan
          operasional selain pendapatan margin.

          Aset produktif selain piutang murabahah                         Earning assets       other   than    murabahah
                                                                          receivables

          Aset produktif selain piutang murabahah terdiri                 Earning assets other than murabahah
          terdiri dari giro dan penempatan pada Bank                      receivables consist of current accounts and
          Indonesia dalam bentuk Deposito Berjangka                       placements with Bank Indonesia in the form of
          Syariah Bank Indonesia dan Fasilitas                            Bank Indonesia Sharia Term Deposits and
          Simpanan Bank Indonesia Syariah (“FASBIS”),                     Bank Indonesia Sharia Deposit Facilities
          giro dan penempatan pada bank lain, investasi                   (“FASBIS”), current accounts and placements
          pada surat berharga, piutang istishna,                          with other banks, investments in marketable
          pinjaman qardh, pembiayaan mudharabah,                          securities, istishna receivables, funds of qardh,
          pembiayaan musyarakah, aset yang diperoleh                      mudharabah financing, musyarakah financing,
          untuk ijarah, serta komitmen dan kontinjensi                    assets acquired for ijarah, and commitments
          yang memiliki risiko pembiayaan seperti bank                    and contingencies which carry financing risk,
          garansi. Bank membentuk cadangan kerugian                       such as bank guarantees. The Bank provides
          penurunan nilai berdasarkan estimasi kerugian                   the allowance for impairment losses based on
          aset produktif yang tidak dapat ditagih                         the estimated losses from uncollectible amount
          sebagaimana diatur dalam PSAK yang                              earning assets as stipulated in the applicable
          berlaku. Selain itu, Bank juga menerapkan                       SFAS. In addition, the Bank also implemented
          Peraturan Otoritas Jasa Keuangan (“POJK”)                       Regulation of the Financial Services Authority
          No. 02/POJK.03/2022 tanggal 31 Januari 2022                     (“POJK”) No. 02/POJK.03/2022 dated 31
          tentang “Penilaian Kualitas Aset Bank Umum                      January 2022 regarding “Asset Quality Ratings
          Syariah dan Unit Usaha Syariah” yang berlaku                    for Sharia Bank and Sharia Business Unit”
          efektif tanggal 7 Februari 2022.                                which was effective as at 7 February 2022.

          Cadangan kerugian minimum yang harus                            The minimum allowance to be provided in
          dibentuk sesuai dengan POJK adalah sebagai                      accordance with POJK is as follows:
          berikut:
          1) Cadangan umum, ditetapkan paling                             1) General reserve, shall be no less than 1%
               rendah sebesar 1% dari aset produktif                         of total earning assets classified as current,
               yang digolongkan lancar diluar giro dan                       excluding current accounts and placements
               penempatan pada Bank Indonesia, surat                         with Bank Indonesia, securities issued by
               berharga yang diterbitkan pemerintah                          the government based on sharia principles
               berdasarkan prinsip syariah dan aset                          and part of earning assets guaranteed cash
               produktif yang dijamin dengan agunan                          collateral.
               tunai.




                                                    Halaman - 24 - Page
Page 563
                                             PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)         (Expressed in millions of Rupiah, unless otherwise stated)

2.   KEBIJAKAN AKUNTANSI MATERIAL (lanjutan)                      2.   MATERIAL ACCOUNTING POLICIES (continued)

     d.   Cadangan       kerugian       penurunan     nilai            d. Allowance for impairment losses (continued)
          (lanjutan)

          Aset produktif      selain   piutang   murabahah                  Earning assets other          than    murabahah
          (lanjutan)                                                        receivables (continued)

          Cadangan kerugian minimum yang harus                              The minimum allowance to be provided in
          dibentuk sesuai dengan POJK adalah sebagai                        accordance with POJK is as follows:
          berikut: (lanjutan)                                               (continued)

          2)   Cadangan khusus, sekurang-kurangnya                          2) Special reserves, shall be at least:
               sebesar:
               a) 5% dari aset produktif yang                                   a) 5% of earning assets classified as
                   digolongkan Dalam Perhatian Khusus                              Special Mention after deducting the
                   setelah dikurangi nilai agunan;                                 collateral value;
               b) 15% dari aset produktif yang                                  b) 15% of earning assets classified as
                   digolongkan Kurang Lancar setelah                               Substandard       after deducting      the
                   dikurangi nilai agunan;                                         collateral value;
               c) 50% dari aset produktif yang                                  c) 50% of earning assets classified as
                   digolongkan       Diragukan     setelah                         Doubtful after deducting the collateral
                   dikurangi nilai agunan; dan                                     value; and
               d) 100% dari aset produktif yang                                 d) 100% of earning assets classified as
                   digolongkan Macet setelah dikurangi                             Loss after deducting the collateral value.
                   nilai agunan.

          Kriteria penilaian nilai agunan yang dapat                        The criteria for assessment of the value of
          dikurangkan dalam pembentukan cadangan                            collateral that can be deducted in the
          kerugian penurunan nilai sesuai dengan                            calculation of allowance for impairment losses
          POJK.                                                             are based on POJK.

          Bank melakukan pengkajian kecukupan                               The Bank conducts assessment upon the
          cadangan kerugian penurunan nilai atas aset                       adequacy of the allowance for impairment
          produktif yang dibentuk berdasarkan POJK                          losses on earning assets established based on
          No. 02/POJK.03/2022 dan mempertimbangkan                          POJK No. 02/POJK.03/2022 and consider the
          estimasi kerugian aset produktif yang tidak                       estimated loss of earning assets that is
          dapat ditagih.                                                    uncollectible.

          Aset nonproduktif                                                 Non-earning assets

          Aset nonproduktif adalah aset Bank selain aset                    Non-earning assets represent the Bank’s
          produktif yang memiliki potensi kerugian,                         assets other than earning assets which have
          antara    lain    dalam    bentuk     Agunan                      potential     loss   such     as    foreclosed
          Yang Diambil Alih (“AYDA”), rekening                              collaterals (“AYDA”), inter-branches account,
          perantara, temporary account, dan properti                        temporary account and abandoned property.
          terbengkalai.

          AYDA adalah aset yang diperoleh Bank, baik                        AYDA is an asset acquired through auction or
          melalui pelelangan atau di luar pelelangan                        over the counter based on voluntary
          berdasarkan penyerahan secara sukarela oleh                       submission by collateral owner or based on the
          pemilik agunan atau berdasarkan kuasa untuk                       power of attorney to sell over the counter from
          menjual di luar lelang dari pemilik                               collateral     owner   in    the    event       of
          agunan     dalam     hal   nasabah     tidak                      customer’s failure in meeting their liabilities to
          memenuhi kewajibannya kepada Bank. Bank                           the Bank. The Bank is required to settle its
          wajib melakukan upaya penyelesaian terhadap                       AYDA and prepare documentation of its effort
          AYDA yang dimiliki dan mendokumentasikan                          to settle the assets.
          upaya penyelesaian AYDA.

          Penetapan nilai realisasi bersih wajib                            The determination of net realisable value is
          dilakukan oleh penilai independen, untuk                          required to be carried out by an independent
          AYDA dengan nilai Rp5.000 atau lebih.                             appraiser for AYDA in the amount equivalent or
          Sementara untuk AYDA dengan nilai di bawah                        more than Rp5,000. Internal appraiser of the
          Rp5.000 dapat menggunakan penilai internal                        Bank may be used for AYDA below Rp5,000.
          Bank.



                                                      Halaman - 25 - Page
Page 564
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)       (Expressed in millions of Rupiah, unless otherwise stated)

2.   KEBIJAKAN AKUNTANSI MATERIAL (lanjutan)                    2.   MATERIAL ACCOUNTING POLICIES (continued)

     d.   Cadangan      kerugian     penurunan       nilai           d. Allowance for impairment losses (continued)
          (lanjutan)

          Aset nonproduktif (lanjutan)                                    Non-earning assets (continued)

          Bank wajib menggunakan nilai yang terendah                      The Bank is required to use the lowest price if
          apabila terdapat beberapa nilai dari penilai                    there are several values proposed by the
          independen atau penilai internal Bank.                          independent or internal appraiser.

          AYDA      yang     telah  dilakukan      upaya                  AYDA which completion efforts have been
          penyelesaian, ditetapkan memiliki kualitas:                     made is determined to have quality as follows:
          a) Lancar, apabila dimiliki sampai dengan 1                     a) Current, if owned within 1 (one) year.
              (satu) tahun.
          b) Kurang Lancar, apabila dimiliki 1 (satu)                     b)   Substandard, if owned 1 (one) year to 3
              tahun sampai dengan 3 (tiga) tahun.                              (three) years.
          c) Diragukan, apabila dimiliki 3 (tiga) tahun                   c)   Doubtful, if owned 3 (three) years to 5 (five)
              sampai dengan 5 (lima) tahun.                                    years.
          d) Macet, apabila dimiliki lebih dari 5 (lima)                  d)   Loss, if owned more than 5 (five) years.
              tahun.

          AYDA sehubungan dengan penyelesaian                             AYDA acquired in relation to settlement of
          pembiayaan (disajikan dalam akun aset lain)                     financing (presented in other assets account)
          diakui sebesar nilai realisasi bersih maksimum                  are recognised at net realisable value
          sebesar kewajiban nasabah. Nilai realisasi                      maximum at the value of debtors’ obligation.
          bersih adalah nilai wajar aset setelah dikurangi                Net realisable value is the fair value of the
          estimasi biaya pelepasan. Setelah pengakuan                     asset after deducting the estimated disposal
          awal, AYDA dicatat sebesar nilai yang lebih                     costs. Subsequent to initial recognition, AYDA
          rendah antara nilai tercatat dengan nilai                       are stated at the lower of the carrying value or
          wajarnya setelah dikurangi biaya untuk                          the recovery value.
          menjualnya.

          Rekening perantara adalah akun tagihan yang                     Inter-branch account is receivable or payable
          timbul dari transaksi antar kantor yang belum                   arising from inter-branch transactions that are
          diselesaikan dalam jangka waktu tertentu.                       unsettled after a certain period of time.

          Temporary account adalah akun yang                              Temporary accounts is accounts used in daily
          digunakan dalam operasional perbankan                           banking operations that are temporary and
          sehari-hari yang bersifat sementara dan harus                   must be settled immediately within a certain
          segera diselesaikan dalam jangka waktu                          time period determined by the Bank.
          tertentu yang telah ditetapkan oleh Bank.

          Bank wajib melakukan upaya penyelesaian                         The Bank is required to settle its inter-branch
          rekening perantara dan temporary account.                       account and temporary account.

          Kualitas rekening perantara dan temporary                       The quality of inter-branch account and
          account ditetapkan sebagai berikut:                             temporary account are determined as:
          1) Lancar,       apabila    tercatat dalam                      1) Current, if the transaction has been
              pembukuan Bank sampai dengan 180                                recorded in the Bank’s book up to 180 (one
              (seratus delapan puluh) hari.                                   hundred and eighty) days.
          2) Macet, apabila tercatat dalam pembukuan                      2) Loss, if the transaction has been recorded
              Bank lebih dari 180 (seratus delapan                            in the Bank’s book over 180 (one hundred
              puluh) hari.                                                    and eighty) days.

          Properti terbengkalai adalah aset tetap dalam                   Abandoned property is a fixed asset in the form
          bentuk properti yang dimiliki Bank tetapi tidak                 of property owned by the Bank but not used for
          digunakan untuk kegiatan usaha Bank yang                        normal Bank business activities.
          lazim.




                                                    Halaman - 26 - Page
Page 565
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)       (Expressed in millions of Rupiah, unless otherwise stated)

2.   KEBIJAKAN AKUNTANSI MATERIAL (lanjutan)                    2.   MATERIAL ACCOUNTING POLICIES (continued)

     d.   Cadangan      kerugian     penurunan       nilai           d. Allowance for impairment losses (continued)
          (lanjutan)

          Aset nonproduktif (lanjutan)                                    Non-earning assets (continued)

          Bank wajib melakukan upaya penyelesaian                         The Bank is required to settle its abandoned
          properti terbengkalai.                                          property.

          Kualitas properti terbengkalai ditetapkan                       The quality of abandoned property              are
          sebagai berikut:                                                determined as:
          a) Lancar, apabila dimiliki sampai dengan 1                     a) Current, if owned within 1 (one) year.
              (satu) tahun.
          b) Kurang Lancar, apabila dimiliki 1 (satu)                     b)   Substandard, if owned 1 (one) year to 3
              tahun sampai dengan 3 (tiga) tahun.                              (three) years.
          c) Diragukan, apabila dimiliki 3 (tiga) tahun                   c)   Doubtful, if owned 3 (three) years to 5 (five)
              sampai dengan 5 (lima) tahun.                                    years.
          d) Macet, apabila dimiliki lebih dari 5 (lima)                  d)   Loss, if owned more than 5 (five) years.
              tahun.

     e.   Giro dan penempatan pada Bank Indonesia                    e. Current accounts and placements with
                                                                        Bank Indonesia

          Giro dan penempatan pada Bank Indonesia                         Current accounts and placements with Bank
          terdiri dari giro wadiah pada Bank Indonesia                    Indonesia consist of wadiah current accounts
          dan penanaman dana pada Bank Indonesia                          with Bank Indonesia and placements of funds
          berupa Fasilitas Simpanan Bank Indonesia                        with Bank Indonesia in the form of Bank
          Syariah (“FASBIS”) dan Deposito Berjangka                       Indonesia Sharia Deposit Facilities (“FASBIS”)
          Syariah Bank Indonesia.                                         and Bank Indonesia Sharia Term Deposits.

          FASBIS merupakan sertifikat yang diterbitkan                    FASBIS are certificates issued by Bank
          Bank Indonesia sebagai bukti penitipan dana                     Indonesia as evidence of short-term deposit of
          berjangka pendek dengan prinsip wadiah.                         funds with the principles of wadiah. Bank
          Deposito Berjangka Syariah Bank Indonesia                       Indonesia Sharia Term Deposits are term
          merupakan penempatan berjangka di Bank                          deposits in Bank Indonesia with the principles
          Indonesia dengan prinsip jualah. Giro dan                       of jualah. Current accounts and placements
          penempatan pada Bank Indonesia disajikan                        with Bank Indonesia are presented at the
          sebesar saldo penempatan.                                       outstanding balance.

     f.   Giro dan penempatan pada bank lain                         f. Current accounts and placements with
                                                                        other banks

          Giro pada bank lain dinyatakan sebesar saldo                    Current accounts with other Banks are stated
          giro dikurangi dengan cadangan kerugian                         at their outstanding balances net of allowance
          penurunan nilai. Bonus yang diterima Bank                       for impairment losses. Bonuses received by the
          dari Bank Umum Syariah diakui sebagai                           Bank from Sharia Commercial Banks are
          pendapatan usaha lainnya. Penerimaan jasa                       recognised as other operating income.
          giro dari bank nonsyariah tidak diakui sebagai                  Proceeds of interest on current accounts from
          pendapatan Bank.                                                non-sharia banks are not recognised as the
                                                                          Bank's income.

          Dana penerimaan jasa giro yang berasal dari                     The received current account service funds that
          bank nonsyariah dikategorikan sebagai dana                      come from non-sharia bank are categorised as
          nonhalal,    sehingga        Bank      Syariah                  non-halal funds, so Sharia Bank then
          menyalurkannya sebagai dana kebajikan.                          distributed as qardhul hasan funds. Before the
          Sebelum dana kebajikan tersebut disalurkan,                     qardhul hasan funds are distributed, it is
          maka pencatatannya di sisi liabilitas.                          recorded in liabilities.

     g.   Investasi pada surat berharga                              g. Investments in marketable securities

          Surat berharga syariah adalah surat bukti                       Sharia marketable securities are proof of
          penanaman dalam surat berharga berdasarkan                      investments under sharia principles commonly
          prinsip syariah yang lazim diperdagangkan di                    traded in sharia money market and/or sharia
          pasar uang syariah dan/atau pasar modal                         stock exchange, such as sharia bonds (sukuk)
          syariah, antara lain obligasi syariah (sukuk)                   and mutual funds.
          dan reksa dana.

                                                    Halaman - 27 - Page
Page 566
                                            PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)        (Expressed in millions of Rupiah, unless otherwise stated)

2.   KEBIJAKAN AKUNTANSI MATERIAL (lanjutan)                     2.   MATERIAL ACCOUNTING POLICIES (continued)

     g.   Investasi pada surat berharga (lanjutan)                    g. Investments         in   marketable       securities
                                                                         (continued)
          Pada saat pengakuan awal, Bank menentukan                        At initial recognition, the Bank determines the
          klasifikasi investasi pada surat berharga                        classification of investments in marketable
          sebagai diukur pada biaya perolehan                              securities either measured at amortised cost,
          diamortisasi, diukur pada nilai wajar melalui                    fair value through other comprehensive income
          penghasilan komprehensif lain atau diukur                        or fair value through profit or loss.
          pada nilai wajar melalui laba rugi.
          a.   Diukur pada biaya perolehan diamortisasi                    a.
                                                                            a.   Measured at amortised cost

               •   Investasi tersebut dimiliki dalam suatu                       •   The investment is held in a business
                   model usaha yang bertujuan utama                                  model whereby the primary goal is to
                   untuk     memperoleh        arus    kas                           obtain contractual cash flows and has
                   kontraktual dan terdapat persyaratan                              contractual terms in determining the
                   kontraktual     dalam       menentukan                            specific date of principal payments
                   tanggal tertentu atas pembayaran                                  and or the results;
                   pokok dan atau hasilnya;
               •   Biaya perolehan surat berharga                                •   Marketable securities acquisition cost
                   termasuk biaya transaksi; dan                                     includes transaction cost; and
               •   Selisih antara biaya perolehan dan                            •   The      difference     between    the
                   nilai nominal diamortisasi secara garis                           acquisition cost and the nominal value
                   lurus selama jangka waktu sukuk dan                               is amortised on a straight-line basis
                   diakui dalam laba rugi.                                           over the period of the sukuk and
                                                                                     recognised in profit or loss.
          b.   Diukur   pada   nilai  wajar        melalui                 a.
                                                                            b.   Measured at fair value through other
               penghasilan komprehensif lain                                     comprehensive income

               •   Investasi tersebut dimiliki dalam suatu                       •   The investment is held in a business
                   model usaha yang bertujuan utama                                  model whereby the primary goal is to
                   untuk      memperoleh       arus    kas                           obtain contractual cash flows and to
                   kontraktual dan melakukan penjualan                               sell the marketable securities, and has
                   surat berharga, terdapat persyaratan                              contractual terms in determining the
                   kontraktual     dalam       menentukan                            specific date of principal payments
                   tanggal tertentu atas pembayaran                                  and or the results;
                   pokok dan atau hasilnya;
               •   Biaya perolehan surat berharga                                •   Marketable securities acquisition cost
                   termasuk biaya transaksi;                                         includes transaction cost;
               •   Selisih antara biaya perolehan dan                            •   The difference between acquisition
                   nilai nominal diamortisasi secara garis                           cost and the nominal value is
                   lurus selama jangka waktu surat                                   amortised on a straight-line basis over
                   berharga dan diakui dalam laba rugi;                              the period of the marketable securities
                   dan                                                               and is recognised in profit or loss; and
               •   Keuntungan atau kerugian dari                                 •   Gain or loss from changes of fair
                   perubahan nilai wajar diakui dalam                                value is recognised in other
                   penghasilan komprehensif lain setelah                             comprehensive         income        after
                   memperhitungkan saldo selisih biaya                               considering unamortised difference of
                   perolehan dan nilai nominal yang                                  acquisition cost and nominal value
                   belum      diamortisasi    dan    saldo                           and accumulated gain or loss of fair
                   akumulasi keuntungan dan kerugian                                 value which has been previously
                   nilai wajar yang telah diakui dalam                               recognised in other comprehensive
                   penghasilan      komprehensif       lain                          income. When marketable securities
                   sebelumnya. Ketika investasi surat                                are derecognised, the accumulated
                   berharga dihentikan pengakuannya,                                 gain or loss which has been
                   akumulasi keuntungan atau kerugian                                previously     recognised     in   other
                   yang sebelumnya diakui dalam                                      comprehensive income is reclassified
                   penghasilan      komprehensif       lain                          to profit or loss as reclassification
                   direklasifikasi ke laba rugi sebagai                              adjustment.
                   penyesuaian reklasifikasi.

          c.   Diukur pada nilai wajar melalui laba rugi                   a.
                                                                            c.   Measured at fair value through profit or
                                                                                 loss
                                                                           b.
               •   Biaya perolehan surat berharga tidak                          •   Marketable securities acquisition cost
                   termasuk biaya transaksi; dan                                     excludes transaction cost; and
               •   Selisih antara nilai wajar dan jumlah                         •   The difference between fair value and
                   tercatat diakui dalam laba rugi.                                  the carrying value is recognised in
                                                                                     profit or loss.

                                                     Halaman - 28 - Page
Page 567
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)       (Expressed in millions of Rupiah, unless otherwise stated)

2.   KEBIJAKAN AKUNTANSI MATERIAL (lanjutan)                    2.   MATERIAL ACCOUNTING POLICIES (continued)

     h.   Tagihan dan liabilitas akseptasi                           h. Acceptance receivables and liabilities

          Tagihan dan liabilitas akseptasi merupakan                      Acceptance     receivables    and liabilities
          transaksi Letter of Credit (“L/C”) dan Surat                    represent Letters of Credit (“L/C”) and
          Kredit Berdokumen dalam Negeri (“SKBDN”)                        Domestic Documentary Letters of Credit
          yang diterima oleh bank penerima.                               (“SKBDN”) transactions that have been
                                                                          accepted by the accepting bank.
          Tagihan dan liabilitas akseptasi dinyatakan                     Acceptance receivables and liabilities are
          sebesar biaya perolehan diamortisasi. Tagihan                   stated at amortised cost. Acceptances
          akseptasi    disajikan   setelah     dikurangi                  receivable are stated at net of allowance for
          cadangan kerugian penurunan nilai.                              impairment losses.
          Tagihan akseptasi diklasifikasikan sebagai                      Acceptance receivables are classified as
          pinjaman yang diberikan dan piutang. Liabilitas                 financing      and     receivables.    Acceptance
          akseptasi diklasifikasi sebagai kewajiban                       liabilities are classified as financial liabilities at
          keuangan yang dicatat pada biaya perolehan                      amortised cost.
          diamortisasi.
     i.   Piutang                                                    i.   Receivables
          Piutang terdiri dari piutang murabahah, piutang                 Receivables consist of murabahah receivables,
          istishna, dan piutang ijarah.                                   istishna receivables and ijarah receivables.
          Murabahah adalah akad jual beli antara                          Murabahah is a sale and purchase contract
          nasabah dengan Bank, dimana Bank                                between the customer and the Bank, whereby
          membiayai kebutuhan konsumsi, investasi dan                     the Bank finances the consumption, investment
          modal kerja nasabah yang dijual dengan harga                    and working capital needs of the customer sold
          pokok ditambah dengan keuntungan yang                           with a principle price plus a certain margin that
          diketahui    dan     disepakati     bersama.                    is mutually informed and agreed. Repayment
          Pembayaran atas pembiayaan ini dilakukan                        on this financing is made in installments within
          dengan cara mengangsur dalam jangka waktu                       a specified period.
          yang ditentukan.
          Piutang murabahah pada awalnya diukur                           Murabahah receivables are initially measured
          pada nilai bersih ditambah dengan biaya                         at net realisable value plus directly attributable
          transaksi yang dapat diatribusikan secara                       transaction costs which is an additional cost to
          langsung dan merupakan biaya tambahan                           obtain the respected financial assets and after
          untuk memperoleh aset keuangan tersebut                         the initial recognition, are measured at
          dan setelah pengakuan awal diukur pada                          amortised cost using the effective margin
          biaya perolehan diamortisasi menggunakan                        method less any allowance for impairment
          metode margin efektif dikurangi dengan                          losses value.
          cadangan kerugian penurunan nilai.
          Istishna adalah akad penjualan antara                           Istishna is a sale and purchase contract
          al-mustashni    (pembeli)    dan     al-shani                   between al-mustashni (buyer) and al-shani
          (produsen yang juga bertindak sebagai                           (manufacturer also acting as the seller). Based
          penjual). Berdasarkan akad tersebut, pembeli                    on the contract, the buyer orders the
          menugaskan produsen untuk membuat atau                          manufacturer to produce or to supply al-
          mengadakan al-mashnu (barang pesanan)                           mashnu (goods ordered) according to the
          sesuai spesifikasi yang disyaratkan pembeli                     specifications required by the buyer and to sell
          dan menjualnya dengan harga yang                                them at agreed price.
          disepakati.

          Piutang istishna disajikan sebesar tagihan                      Istishna receivables are stated at the amount
          termin kepada pembeli akhir dikurangi dengan                    billed to customer less allowance for
          cadangan kerugian penurunan nilai. Margin                       impairment losses. Deferred istishna margin is
          istishna yang ditangguhkan disajikan sebagai                    presented as a contra account of istishna
          pos lawan piutang istishna.                                     receivables.

          Ijarah adalah akad sewa antara pihak yang                       Ijarah is the lease contract between the party
          menyewakan aset ijarah (mu’jir) dengan                          who rents out the ijarah assets (mu'jir) and the
          penyewa/penerima manfaat barang (musta’jir)                     lessee/beneficiary of the goods (musta'jir) or
          atau antara penerima jasa (musta’jir) dengan                    between the recipient of the service (musta'jir)
          pihak yang memberikan jasa (ajir) untuk                         and the party who provide the service (ajir) to
          mempertukarkan manfaat dan ujrah, baik                          exchange benefits and ujrah, both benefits of
          manfaat aset ijarah maupun jasa.                                ijarah assets or services.




                                                    Halaman - 29 - Page
Page 568
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)       (Expressed in millions of Rupiah, unless otherwise stated)

2.   KEBIJAKAN AKUNTANSI MATERIAL (lanjutan)                   2.   MATERIAL ACCOUNTING POLICIES (continued)

     i.   Piutang (lanjutan)                                        i.    Receivables (continued)

          Piutang ijarah terdiri dari piutang ijarah atas                 Ijarah receivables consist of ijarah of assets
          aset dan piutang ijarah multijasa. Piutang                      and multi-services ijarah receivables. Ijarah of
          ijarah atas aset adalah porsi pokok atas                        assets receivables are the principal portion of
          pendapatan sewa yang telah jatuh tempo dan                      unpaid rent income at maturity. Multi-services
          belum dibayar. Piutang ijarah multijasa adalah                  ijarah receivables are the principal portion of
          porsi pokok atas pendapatan sewa yang                           unpaid rent income at maturity. Allowance for
          belum dibayar sampai dengan jatuh tempo.                        impairment losses accounts on ijarah of assets
          Cadangan kerugian penurunan nilai atas                          receivables      and     multi-services    ijarah
          piutang ijarah atas aset dan dan piutang ijarah                 receivables are presented as a contra account
          multijasa disajikan sebagai pos lawan piutang                   of ijarah of assets receivables and multi-
          ijarah atas aset dan piutang ijarah multijasa.                  services ijarah receivables. The Bank records
          Bank mencatat ujrah ijarah atas aset yang                       ujrah receivables of ijarah of assets and multi-
          akan diterima dan ijarah multijasa yang akan                    services ijarah as other assets.
          diterima sebagai aset lainnya.

          Skema restrukturisasi dilakukan dengan                          Restructuring scheme involves extension of
          perpanjangan     jangka     waktu      dan/atau                 maturity date and/or rescheduling debtor’s
          penjadwalan kembali piutang bagi debitur                        receivables without changing the total margin
          tanpa mengubah jumlah margin yang harus                         to be paid so that there is no gain or loss from
          dibayar sehingga tidak terdapat keuntungan                      restructurisation.   Margin      income       after
          atau kerugian dari restrukturisasi. Pendapatan                  restructurisation is recognised based on the
          margin setelah restrukturisasi diakui sesuai                    installment schedule after restructurisation.
          jadwal angsuran setelah restrukturisasi.

     j.   Pinjaman qardh                                            j.    Funds of qardh

          Pinjaman qardh adalah penyaluran dana                           Funds of qardh represent a distribution of funds
          dengan akad qardh.                                              with qardh contract.

          Akad qardh adalah akad pinjaman dana                            Qardh contract is a borrowing contract with the
          kepada nasabah dengan ketentuan bahwa                           condition that the borrower should repay the
          nasabah wajib mengembalikan dana yang                           loan at a specified period of time.
          diterimanya pada waktu yang telah disepakati.

          Pinjaman qardh meliputi pembiayaan dengan                       Funds of qardh includes hawalah and rahn
          akad hawalah dan rahn. Akad hawalah adalah                      financing contract. Hawalah is a transfer of
          akad pengalihan utang dari pihak yang                           debts from debtors (customers) to other party
          berutang (nasabah) kepada pihak lain (Bank)                     (Bank) which obligate to shoulder or pay. The
          yang wajib menanggung atau membayar.                            Bank will obtain an ujrah (fee) from this
          Atas transaksi ini Bank mendapatkan ujrah                       transaction, which is recognised as income
          (imbalan) dan diakui sebagai pendapatan                         when received.
          pada saat diterima.

          Akad      rahn       merupakan      transaksi                   Rahn contract is the pawn of goods or assets
          menggadaikan barang atau harta dari                             by customers to the Bank with the money as
          nasabah kepada Bank dengan uang sebagai                         compensation. Goods or assets being pawned
          gantinya. Barang atau harta yang digadaikan                     are valued in accordance with the market price
          tersebut dinilai sesuai harga pasar dikurangi                   less a certain percentage and the Bank gets
          persentase tertentu dan sebagai imbalannya                      ujrah (fee) in return which are recognised on
          Bank mendapatkan ujrah (imbalan) dan diakui                     an accrual basis.
          berdasarkan basis akrual.

          Pinjaman qardh diakui sebesar jumlah dana                       Funds of qardh are recognised at the same
          yang dipinjamkan pada saat terjadinya. Pada                     amount of funds lent when these occur. On the
          tanggal laporan posisi keuangan, pinjaman                       statements of financial position date, funds of
          qardh dinyatakan sebesar saldo pinjaman                         qardh is stated at the outstanding financing
          dikurangi dengan saldo cadangan kerugian                        balance less allowance for impairment losses
          penurunan nilai yang dibentuk berdasarkan                       which is provided based on the management’s
          hasil reviu oleh manajemen terhadap kualitas                    review of the financing quality.
          pembiayaan yang ada.


                                                    Halaman - 30 - Page
Page 569
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)       (Expressed in millions of Rupiah, unless otherwise stated)

2.   KEBIJAKAN AKUNTANSI MATERIAL (lanjutan)                    2.    MATERIAL ACCOUNTING POLICIES (continued)

     j.   Pinjaman qardh (lanjutan)                                  j.    Funds of qardh (continued)

          Skema restrukturisasi dilakukan dengan                           Restructuring scheme involves extension of
          perpanjangan      jangka     waktu   dan/atau                    maturity date and/or rescheduling debtor’s
          penjadwalan kembali pinjaman qardh bagi                          funds of qardh. Ujrah income after
          debitur.     Pendapatan        ujrah  setelah                    restructurisation is recognised amounting to
          restrukturisasi diakui sebesar ujrah yang                        the agreed ujrah after restructurisation.
          disepakati setelah restrukturisasi.

     k.   Pembiayaan                                                  k.   Financing

          Pembiayaan bagi hasil dapat dilakukan                            Financing with profit sharing scheme can be
          dengan akad   mudharabah   dan akad                              done in the form of mudharabah and
          musyarakah.                                                      musyarakah contract.

          Pembiayaan        mudharabah      merupakan                      Mudharabah financing is a joint financing
          pembiayaan kerjasama antara Bank sebagai                         made between the Bank as the owner of the
          pemilik dana (shahibul maal) dengan nasabah                      funds (shahibul maal) and the customer as a
          sebagai pelaksana usaha (mudharib) selama                        business executor (mudharib) during a certain
          jangka waktu tertentu. Pembagian hasil                           period. The profit sharing from the project or
          keuntungan dari proyek atau usaha tersebut                       the business is determined in accordance with
          ditentukan      sesuai    dengan      nisbah                     the mutually agreed nisbah (predetermined
          (predetermined ratio) yang telah disepakati                      ratio). On the statements of financial position
          bersama. Pada tanggal laporan posisi                             date, mudharabah financing is stated at the
          keuangan,        pembiayaan     mudharabah                       outstanding financing balance less allowance
          dinyatakan     sebesar   saldo   pembiayaan                      for impairment losses which is provided based
          dikurangi dengan saldo cadangan kerugian                         on the management’s review of the financing
          penurunan nilai yang dibentuk berdasarkan                        quality.
          hasil reviu oleh manajemen terhadap kualitas
          pembiayaan yang ada.

          Pembiayaan     musyarakah     adalah    akad                     Musyarakah financing is a partnership contract
          kerjasama yang terjadi di antara para pemilik                    among fund’s owners (musyarakah partners)
          modal     (mitra      musyarakah)      untuk                     to contribute funds and conduct a business on
          menggabungkan modal dan melakukan usaha                          a joint basis through partnership with the profit
          secara bersama dalam suatu kemitraan                             sharing based on a predetermined ratio, while
          dengan pembagian hasil sesuai dengan                             the losses are borne proportionally based on
          kesepakatan, sedangkan kerugian ditanggung                       the capital contribution. On the statements of
          secara proporsional sesuai dengan kontribusi                     financial position dates, musyarakah financing
          modal. Pada tanggal laporan posisi keuangan,                     is stated at the outstanding financing balance
          pembiayaan musyarakah dinyatakan sebesar                         less allowance for impairment losses which is
          saldo pembiayaan dikurangi dengan saldo                          provided based on the management’s review
          cadangan kerugian penurunan nilai yang                           on the existing financing quality.
          dibentuk berdasarkan hasil reviu oleh
          manajemen terhadap kualitas pembiayaan
          yang ada.

          Skema restrukturisasi dilakukan dengan                           Restructuring scheme involves extension of
          perpanjangan     jangka      waktu     dan/atau                  maturity date and/or rescheduling debtor’s
          penjadwalan kembali pembiayaan bagi debitur.                     financing. Profit sharing income after
          Pendapatan bagi hasil setelah restrukturisasi                    restructurisation is recognised amounting to
          diakui sebesar hak bagi hasil sesuai nisbah                      the profit sharing based on the agreed nisbah
          yang disepakati setelah restrukturisasi.                         after restructurisation.

     l.   Aset yang diperoleh untuk ijarah                            l.   Assets acquired for ijarah

          Ijarah atas aset adalah ijarah atas manfaat dari                 Ijarah of assets is ijarah for the benefits of
          aset ijarah.                                                     ijarah assets.

          Ijarah muntahiyah bittamlik adalah sewa                          Ijarah muntahiyah bittamlik is a lease
          menyewa antara pemilik objek sewa dan                            transaction between the lessor and lessee to
          penyewa untuk mendapatkan imbalan atas                           obtain fee from the object leased with the
          objek sewa yang disewakan dengan opsi                            option of transferring the title through purchase
          perpindahan hak milik objek sewa baik dengan                     or grant at a certain time in accordance with the
          jual beli atau pemberian (hibah) pada saat                       lease contract.
          tertentu sesuai akad sewa.



                                                    Halaman - 31 - Page
Page 570
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)         (Expressed in millions of Rupiah, unless otherwise stated)

2.   KEBIJAKAN AKUNTANSI MATERIAL (lanjutan)                     2.   MATERIAL ACCOUNTING POLICIES (continued)
     l.   Aset yang diperoleh untuk ijarah (lanjutan)                 l.   Assets acquired for ijarah (continued)
          Aset yang diperoleh untuk ijarah merupakan                       Assets acquired for ijarah represent object of
          aset yang menjadi objek transaksi sewa atas                      leased assets and are recorded in the
          aset dan dicatat di laporan posisi keuangan                      statements of financial position at the
          sebesar harga perolehan dikurangi akumulasi                      acquisition   cost,   net    of  accumulated
          penyusutan.                                                      depreciation.
          Objek sewa dalam transaksi ijarah atas aset                      Leased object in ijarah of assets transaction is
          disusutkan sesuai kebijakan penyusutan aset                      depreciated based on the depreciation policy
          sejenis, sedangkan objek sewa dalam ijarah                       for similar assets, while leased object in ijarah
          muntahiyah bittamlik disusutkan sesuai masa                      muntahiyah bittamlik transaction is depreciated
          sewa.                                                            based on leased term.
          Perpindahan hak milik objek sewa kepada                          The transfer of ownership right on the leased
          penyewa dalam ijarah muntahiyah bittamlik                        object to the lessee in ijarah muntahiyah
          dapat dilakukan dengan cara:                                     bittamlik can be conducted through:
          (i) hibah; atau                                                  (i) a grant; or
          (ii) penjualan.                                                  (ii) sales.
          Nilai tercatat aset segera diturunkan sebesar                    The carrying value of asset is immediately
          jumlah yang dapat dipulihkan jika nilai tercatat                 impaired to its recoverable amount if the asset's
          aset lebih besar dari estimasi jumlah yang                       carrying amount is greater than the estimated
          dapat dipulihkan.                                                recoverable amount.
          Ijarah atas jasa (multijasa) adalah ijarah atas                  Ijarah of services (multi-services) is ijarah for
          manfaat dari jasa. Ijarah multijasa secara tidak                 the benefits of services. Indirect multi-services
          langsung yaitu ijarah atas jasa yang mana                        ijarah is an ijarah for services where another
          entitas lain yang memberikan jasa kepada                         entity provides services to the lessee. Indirect
          penyewa. Ijarah multijasa tidak langsung tidak                   multi-services ijarah does not recognise assets
          mengakui aset yang diperoleh untuk ijarah.                       acquired for ijarah. The Bank recognise the
          Bank mengakui saldo pokok ijarah multijasa                       unpaid principal balance of the multi-services
          yang belum dibayar sebagai piutang ijarah                        ijarah as multi-services ijarah receivable.
          multijasa.
     m. Aset tetap, aset hak guna, dan aset tidak                     m. Fixed assets, right-of-use           assets,    and
        berwujud                                                         intangible assets
          Aset tetap                                                       Fixed assets
          Aset tetap dinilai sebesar harga perolehan                       Fixed assets are stated at cost less
          dikurangi akumulasi penyusutan, kecuali tanah                    accumulated depreciation, except for land
          dinilai dengan metode revaluasi. Harga                           which is valued with revaluation method. The
          perolehan termasuk pengeluaran yang dapat                        acquisition cost includes directly attributable
          diatribusikan secara langsung atas perolehan                     cost for the acquisition of the asset. The land is
          aset tersebut. Tanah disajikan sebesar nilai                     stated at fair value, based on the assessment
          wajar, berdasarkan penilaian yang dilakukan                      performed by external independent appraisers
          oleh penilai independen eksternal yang telah                     which are registered with OJK. Valuation are
          terdaftar di OJK. Penilaian atas aset tersebut                   performed regularly every three years to
          dilakukan secara berkala setiap tiga tahun                       ensure that the fair value of the revalued assets
          untuk memastikan bahwa nilai wajar aset yang                     does not differ materially from its carrying
          direvaluasi tidak berbeda secara material                        amount. All other property, plant and
          dengan jumlah tercatatnya. Aset tetap lainnya                    equipment are stated at historical cost less
          disajikan sebesar harga perolehan dikurangi                      depreciation.     Historical     cost    includes
          dengan      penyusutan.    Harga     perolehan                   expenditure that is directly attributable to the
          termasuk       pengeluaran      yang     dapat                   acquisition of the items. Land is not
          diatribusikan secara langsung atas perolehan                     depreciated.
          aset tersebut. Tanah tidak disusutkan.
          Aset tetap, kecuali tanah, disusutkan sejak                      Fixed assets, except land, are depreciated from
          bulan ketika aset tersebut digunakan dengan                      the month of the usage of assets and
          menggunakan metode garis lurus selama                            computed using the straight-line method based
          taksiran masa manfaat aset sebagai berikut:                      on the estimated useful life of the assets as
                                                                           follows:
                                                        Tahun/Years
          Bangunan                                          20                                                      Buildings
          Renovasi bangunan                                 10                                       Buildings improvement
          Instalasi, kendaraan bermotor,                                                               Installation, vehicles,
              inventaris kantor dan                                                                office equipment and
              renovasi atas aset sewa                        5                                   leasehold improvement

                                                    Halaman - 32 - Page
Page 571
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)       (Expressed in millions of Rupiah, unless otherwise stated)

2.   KEBIJAKAN AKUNTANSI MATERIAL (lanjutan)                    2.   MATERIAL ACCOUNTING POLICIES (continued)

     m. Aset tetap, aset hak guna, dan aset tidak                    m. Fixed assets, right-of-use           assets,   and
        berwujud (lanjutan)                                             intangible assets (continued)
         Aset tetap (lanjutan)                                            Fixed assets (continued)
         Nilai sisa aset, masa manfaat dan metode                         The assets’ residual values, useful lives and
         penyusutan     ditelaah dan   jika  perlu                        depreciation method are reviewed and adjusted
         disesuaikan, pada setiap akhir periode                           if appropriate, at the end of each reporting
         pelaporan.                                                       period.
         Biaya-biaya setelah pengakuan awal diakui                        Costs after initial recognition are recognised as
         sebagai bagian nilai tercatat aset atau sebagai                  part of the carrying amount of the asset or as a
         aset yang terpisah, sebagaimana mestinya,                        separate asset, as appropriate, only when the
         hanya jika kemungkinan besar Bank mendapat                       Bank is likely to benefit economically in the
         manfaat ekonomis di masa depan berkenaan                         future with respect to these assets and the
         dengan aset tersebut dan biaya perolehan                         acquisition cost can be reliably measured. The
         aset dapat diukur dengan andal. Nilai tercatat                   carrying value of the replaced part are
         dari komponen yang diganti dihapuskan. Biaya                     removed from the accounts. All other repairs
         perbaikan dan pemeliharaan dibebankan ke                         and maintenance are charged to the
         dalam laporan laba rugi dan penghasilan                          statements of profit or loss and other
         komprehensif lain dalam tahun keuangan                           comprehensive income in the financial period
         ketika biaya-biaya tersebut terjadi.                             when these costs occur.

         Kenaikan nilai tercatat yang timbul dari                         The increase in the carrying amount arising
         revaluasi tanah dikreditkan pada “selisih                        from revaluation of land is credited to "surplus
         revaluasi aset tetap” sebagai bagian dari                        on fixed assets revaluation" as part of other
         pendapatan komprehensif lainnya.                                 comprehensive income.
         Penurunan yang menghapus nilai kenaikan                          The decrease in the carrying amount that offset
         yang sebelumnya atas aset yang sama                              previous increase of the same asset is charged
         dibebankan terhadap “selisih revaluasi aset                      to "surplus on fixed assets revaluation" as part
         tetap” sebagai bagian dari pendapatan                            of other comprehensive income, other
         komprehensif lainnya; penurunan lainnya                          decrease is charged to the statements of profit
         dibebankan pada laporan laba rugi dan                            or loss and other comprehensive income.
         penghasilan komprehensif lain.
         Nilai tercatat aset segera diturunkan sebesar                    The carrying value of asset is immediately
         jumlah yang dapat dipulihkan jika nilai tercatat                 impaired to its recoverable amount if the
         aset lebih besar dari estimasi jumlah yang                       asset’s carrying amount is greater than the
         dapat dipulihkan.                                                estimated recoverable amount.

         Apabila aset tetap dilepas, maka nilai harga                     The net gains or losses arising from disposal of
         perolehan dan akumulasi penyusutannya                            the fixed assets are determined by comparing
         dikeluarkan dari laporan posisi keuangan dan                     the proceeds received from disposal with the
         keuntungan atau kerugian bersih atas                             carrying amount of the assets and recognised
         pelepasan aset tetap diakui pada “pendapatan                     in “non-operating income and expenses” in the
         dan beban nonusaha” dalam laporan laba rugi                      statements of profit or loss and other
         dan penghasilan komprehensif lain. Jika aset                     comprehensive income. When the revalued
         yang direvaluasi dijual, jumlah yang dicatat di                  assets are sold, amounts recorded in equity are
         dalam ekuitas dipindahkan ke saldo laba.                         transferred to retained earnings.
         Aset hak guna                                                    Right-of-use assets
         Pada tanggal permulaan kontrak, Bank menilai                     At the inception of a contract, the Bank
         apakah kontrak merupakan atau mengandung                         assesses whether the contract is or contains a
         sewa. Suatu kontrak merupakan atau                               lease. A contract is or contains a lease if the
         mengandung sewa jika kontrak tersebut                            contract conveys the right to control the use of
         memberikan    hak    untuk    mengendalikan                      an identified assets for a period of time in
         penggunaan aset identifikasian selama suatu                      exchange for consideration.
         jangka waktu untuk dipertukarkan dengan
         imbalan.
         Bank tidak mengakui aset hak guna dan                            The Bank does not to recognise the right-of-
         liabilitas sewa untuk:                                           use asset and lease liabilities for:

         •    Sewa dengan jangka waktu kurang atau                        •    Leases with a term of less or equal to 12
              sama dengan 12 bulan dan tidak terdapat                          months and there is no call option; and
              opsi beli; dan
         •    Sewa atas aset dengan nilai rendah.                         •    Leases of low value assets.



                                                    Halaman - 33 - Page
Page 572
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)       (Expressed in millions of Rupiah, unless otherwise stated)

2.   KEBIJAKAN AKUNTANSI MATERIAL (lanjutan)                    2.   MATERIAL ACCOUNTING POLICIES (continued)
     m. Aset tetap, aset hak guna, dan aset tidak                    m. Fixed assets, right-of-use            assets,   and
        berwujud (lanjutan)                                             intangible assets (continued)
         Aset hak guna (lanjutan)                                         Right-of-use assets (continued)
         Untuk menilai apakah kontrak memberikan hak                      To assess whether a contract conveys the right
         untuk mengendalikan penggunaan aset                              to control the use of an identified asset, the
         identifikasian, Bank harus menilai apakah:                       Bank shall assess whether:

         •    Bank memiliki hak untuk mendapatkan                         •    The Bank has the right to obtain
              secara substansial seluruh manfaat                               substantially all the economic benefit from
              ekonomi        dari    penggunaan      aset                      use of the asset throughout the period of
              identifikasian; dan                                              use; and
         •    Bank memiliki hak untuk mengarahkan                         •    The Bank has the right to direct the use of
              penggunaan aset identifikasian. Bank                             the identified asset. The Bank has the right
              memiliki hak ini ketika Bank memiliki hak                        when it has a relevant decision-making
              untuk pengambilan keputusan yang                                 right on how and for what purpose the
              relevan tentang bagaimana dan untuk                              asset is used are predetermined and:
              tujuan apa aset digunakan telah ditentukan
              sebelumnya dan:
              1. Bank         memiliki    hak      untuk                       1. The Bank has the right to operate the
                  mengoperasikan aset; dan                                        asset; and
              2. Bank telah mendesain aset dengan                              2. The Bank has designed the asset in a
                  cara       menetapkan      sebelumnya                           way that predetermine how and for
                  bagaimana dan untuk tujuan apa aset                             what purposes it will be used.
                  akan digunakan selama periode
                  penggunaan.
         Pada tanggal permulaan sewa, Bank                                The Bank recognises a right-of-use assets and
         mengakui aset hak guna dan liabilitas sewa.                      lease liabilities at the leases commencement
         Aset hak guna diukur pada biaya perolehan,                       date. The right-of-use assets is initially
         dimana meliputi jumlah pengukuran awal                           measured at cost, which comprises the initial
         liabilitas sewa yang disesuaikan dengan                          amount of the lease liabilities adjusted for any
         pembayaran sewa yang dilakukan pada atau                         leases payment made at or before the
         sebelum tanggal permulaan, ditambah dengan                       commencement date, plus any initial direct cost
         biaya langsung awal yang dikeluarkan. Aset                       incurred. The right-of-use assets is amortised
         hak guna diamortisasi dengan menggunakan                         over the straight-line method throughout the
         metode garis lurus sepanjang jangka waktu                        lease term.
         sewa.
         Liabilitas sewa diukur pada nilai kini                           The lease liabilities are initially measured at the
         pembayaran sewa yang belum dibayar pada                          present value of the lease payments that are
         tanggal permulaan, didiskontokan dengan                          not paid at the commencement date,
         menggunakan suku bunga implisit dalam sewa                       discounted using the interest rate implicit in the
         atau jika suku bunga tersebut tidak dapat                        lease or, if that right cannot be readily
         ditentukan, maka menggunakan suku bunga                          determined, using incremental borrowing rate.
         pinjaman inkremental. Pada umumnya, Bank                         Generally, the Bank uses its incremental
         menggunakan      suku      bunga     pinjaman                    borrowing rate as a discount rate.
         inkremental sebagai tingkat bunga diskonto.
         Pembayaran sewa dialokasikan menjadi                             Each leases payment is allocated between the
         bagian pokok dan biaya keuangan. Biaya                           liabilities and finance cost. The finance cost is
         keuangan dibebankan pada laba rugi selama                        charged to profit or loss over the leases period
         periode sewa sehingga menghasilkan tingkat                       so as to produce a constant periodic rate of
         suku bunga periodik yang konstan atas saldo                      interest on the remaining balance of the
         liabilitas untuk setiap periode.                                 liabilities for each period.
         Jika sewa mengalihkan kepemilikan aset                           If the leases transfers ownership of the
         pendasar kepada Bank pada akhir masa sewa                        underlying asset to the Bank by the end of the
         atau jika biaya perolehan aset hak guna                          leases term or if the cost of the right-of-use
         merefleksikan Bank akan mengeksekusi opsi                        assets reflects that the Bank will exercise a
         beli, maka Bank menyusutkan aset hak guna                        purchase option, the Bank depreciates the
         dari tanggal permulaan hingga akhir umur                         right-of-use assets from the commencement
         manfaat aset pendasar. Jika tidak, maka Bank                     date to the end of the useful life of the
         menyusutkan aset hak guna dari tanggal                           underlying asset. Otherwise, the Bank
         permulaan hingga tanggal yang lebih awal                         depreciates the right-of-use assets from the
         antara akhir umur manfaat aset hak guna atau                     commencement date to the earlier of the end
         akhir masa sewa.                                                 of the useful life of the right-of-use assets or
                                                                          the end of the leases term.



                                                    Halaman - 34 - Page
Page 573
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)       (Expressed in millions of Rupiah, unless otherwise stated)

2.   KEBIJAKAN AKUNTANSI MATERIAL (lanjutan)                    2.   MATERIAL ACCOUNTING POLICIES (continued)

     m. Aset tetap, aset hak guna, dan aset tidak                    m. Fixed assets, right-of-use          assets,   and
        berwujud (lanjutan)                                             intangible assets (continued)

          Aset tidak berwujud                                             Intangible assets

          Aset tidak berwujud diakui jika, dan hanya jika,                Intangible assets are recognised if, and only if
          biaya perolehan aset tersebut dapat diukur                      the cost of the asset can be measured reliably
          secara andal dan kemungkinan besar Bank                         and it is probable that the Bank will obtain
          akan memperoleh manfaat ekonomis masa                           future economic benefits from the assets.
          depan dari aset tersebut. Aset tidak berwujud                   Intangible assets consist of software.
          terdiri dari perangkat lunak.

          Perangkat lunak yang dibeli oleh Bank dicatat                   Software acquired by the Bank is recorded at
          sebesar biaya perolehan dikurangi akumulasi                     cost less accumulated amortisation. The
          amortisasi. Metode amortisasi, estimasi masa                    amortisation method, estimated useful life and
          manfaat dan nilai residual ditelaah pada setiap                 residual value are reviewed at the end of each
          akhir tahun pelaporan dan disesuaikan jika                      reporting year and adjusted if deemed
          dianggap tepat.                                                 appropriate.

          Biaya yang dapat diatribusikan secara                           Directly attributable costs that are capitalised
          langsung dikapitalisasi sebagai bagian produk                   as part of the software product include the
          perangkat lunak mencakup beban pekerja                          software development employee costs and an
          pengembang perangkat lunak dan bagian                           appropriate portion of relevant overheads.
          overhead yang relevan.

          Biaya yang terkait dengan pemeliharaan                          Costs associated with maintaining computer
          perangkat lunak diakui sebagai beban pada                       software programs are recognised as an
          saat terjadinya. Biaya pengembangan yang                        expense as incurred. Development costs
          sebelumnya diakui sebagai beban, tidak dapat                    previously recognised as an expense are not
          diakui sebagai aset pada periode berikutnya.                    recognised as an asset in a subsequent
                                                                          period.

          Perangkat lunak diamortisasi sejak bulan                        Software are amortised from the month of the
          ketika aset tersebut digunakan dengan                           usage of assets by computed using the
          menggunakan metode garis lurus selama                           straight-line method based on the estimated
          taksiran masa manfaat aset yaitu 5 tahun.                       useful life of the assets, which is 5 years.

     n.   Aset lain-lain                                             n. Other assets

          Aset lain-lain antara lain terdiri dari biaya                   Other assets among other consist of prepaid
          dibayar dimuka, pendapatan yang masih akan                      expense and income receivables and AYDA.
          diterima dan AYDA.

          Biaya dibayar dimuka diamortisasi selama                        Prepaid expenses are amortised over the
          masa manfaat dengan menggunakan metode                          useful life using the straight-line method.
          garis lurus. Agunan yang diambil alih                           Foreclosed collaterals acquired in relation to
          sehubungan          dengan        penyelesaian                  settlement of financing are recognised at net
          pembiayaan diakui sebesar nilai realisasi                       realisable value maximum at the value of
          bersih maksimum sebesar kewajiban nasabah.                      debtors’ obligation. Net realisable value is the
          Nilai realisasi bersih adalah nilai wajar aset                  fair value of the asset after deducting the
          setelah dikurangi estimasi biaya pelepasan.                     estimated disposal costs. Subsequent to initial
          Setelah pengakuan awal, AYDA dicatat                            recognition, foreclosed collaterals are stated at
          sebesar nilai yang lebih rendah antara nilai                    the lower of the carrying value or the recovery
          tercatat dengan nilai wajarnya setelah                          value.
          dikurangi biaya untuk menjualnya.




                                                    Halaman - 35 - Page
Page 574
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)       (Expressed in millions of Rupiah, unless otherwise stated)

2.   KEBIJAKAN AKUNTANSI MATERIAL (lanjutan)                    2.   MATERIAL ACCOUNTING POLICIES (continued)

     o.   Liabilitas segera                                          o. Obligations due immediately

          Liabilitas segera merupakan liabilitas Bank                     Obligations due immediately represent the
          kepada pihak lain yang sifatnya wajib segera                    Bank’s obligations to other parties which should
          dibayarkan sesuai perintah pemberi amanat                       be settled immediately based on predetermined
          perjanjian yang ditetapkan sebelumnya.                          instructions by those having the authority.
          Liabilitas segera dinyatakan sebesar nilai                      Obligations due immediately are stated at the
          liabilitas Bank kepada pemberi amanat.                          amounts of the Bank’s liabilities to the
                                                                          entrustee.

     p.   Simpanan dari nasabah dan bank lain                        p. Deposits from customers and other banks

          Simpanan merupakan simpanan pihak lain                          Deposits represent other parties’ deposits in
          dalam bentuk giro wadiah dan tabungan                           the form of wadiah demand deposits and
          wadiah. Simpanan dari bank lain dinyatakan                      wadiah savings deposits. Deposits from other
          sebesar nilai kewajiban Bank kepada bank                        banks are stated at the amounts payable to
          lain.                                                           other banks.

          Giro wadiah digunakan sebagai instrumen                         Wadiah demand deposits are used as payment
          pembayaran dan dapat ditarik setiap saat                        instruments and available for withdrawal at any
          melalui cek dan bilyet giro, serta mendapatkan                  time through cheque and demand deposit
          bonus sesuai dengan kebijakan Bank. Giro                        drafts and receive bonuses according to the
          wadiah dinyatakan sebesar titipan pemegang                      Bank’s policies. Wadiah demand deposits are
          giro di Bank.                                                   stated at the amount entrusted by depositors in
                                                                          the Bank.

          Tabungan wadiah adalah simpanan dana                            Wadiah savings deposits are customers’
          nasabah pada Bank, yang bersifat titipan dan                    deposits in the Bank which are entrusted and
          penarikannya dapat dilakukan setiap saat.                       can be withdrawn at any time. For these
          Terhadap titipan tersebut, Bank tidak                           deposits, the Bank is not required to give any
          dipersyaratkan untuk memberikan imbalan                         benefits except in terms of voluntary bonuses.
          kecuali dalam bentuk pemberian bonus secara                     Wadiah deposits are stated at the amount
          sukarela. Tabungan wadiah dinyatakan                            payable to customers.
          sebesar liabilitas Bank.

     q.   Liabilitas kepada Bank Indonesia                           q. Liabilities to Bank Indonesia

          Liabilitas kepada Bank Indonesia (”PaSBI”)                      Liabilities to Bank Indonesia (“PaSBI”) is
          merupakan pengelolaan likuiditas berdasarkan                    liquidity management based on Bank Indonesia
          prinsip syariah Bank Indonesia. Bank                            sharia principles. Bank Indonesia and the Bank
          Indonesia dan Bank sepakat melakukan akad                       agreed to enter into a wakalah bil ististmar
          wakalah bil ististmar untuk pengelolaan dana                    agreement for managing funds with collateral in
          dengan agunan berupa surat berharga                             the form of sharia securities. Funds received
          syariah. Dana yang diterima diakui sebagai                      are recognized as liabilities to Bank Indonesia.
          liabilitas kepada Bank Indonesia. Bank                          The Bank manages funds for overall business
          melakukan pengelolaan dana untuk kegiatan                       investment activities (mutlaqah), returns of
          investasi    usaha      secara    keseluruhan                   managed funds and payment of management
          (mutlaqah), pengembalian dana kelolaan dan                      results (istitsmar) are made at the time of
          pembayaran hasil pengelolaan (istitsmar)                        settlement. Liabilities to Bank Indonesia are
          dilakukan pada saat pelunasan. Liabilitas                       stated at the issuance cash value received
          kepada Bank Indonesia dicatat sebesar nilai                     from sharia securities intervention instrument in
          tunai yang diterima dari suatu instrumen                        a regular monetary operation by Bank
          intervensi surat berharga syariah dalam suatu                   Indonesia.
          operasi moneter reguler oleh Bank Indonesia.




                                                    Halaman - 36 - Page
Page 575
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)       (Expressed in millions of Rupiah, unless otherwise stated)

2.   KEBIJAKAN AKUNTANSI MATERIAL (lanjutan)                    2.   MATERIAL ACCOUNTING POLICIES (continued)

     r.   Dana syirkah temporer                                      r.   Temporary syirkah funds

          Dana syirkah temporer adalah investasi yang                     Temporary syirkah funds represent investment
          diterima oleh Bank. Bank mempunyai hak                          received by the Bank. The Bank has the rights
          untuk mengelola dan menginvestasikan dana,                      to manage and invest the funds in accordance
          baik sesuai dengan kebijakan Bank atau                          with either the Bank’s policy or restriction set by
          kebijakan pembatasan dari pemilik dana,                         the depositors with the agreed profit sharing.
          dengan keuntungan dibagikan sesuai dengan                       An example of temporary syirkah funds is the
          kesepakatan. Contoh dari dana syirkah                           receipt of funds from a mudharabah muthlaqoh,
          temporer adalah penerimaan dana dari                            mudharabah        muqayyadah,        mudharabah
          investasi      mudharabah        muthlaqoh,                     musytarokah and other similar accounts. For
          mudharabah      muqayyadah,    mudharabah                       example: mudharabah demand deposits,
          musytarokah, dan akun lain yang sejenis,                        mudharabah         savings      deposits       and
          misalnya:   giro   mudharabah,    tabungan                      mudharabah time deposits.
          mudharabah, dan deposito mudharabah.

          Tabungan mudharabah merupakan simpanan                          Mudharabah savings deposits represent funds
          dana pihak-pihak lain yang mendapatkan                          from other parties which receive predetermined
          imbalan bagi hasil dari pendapatan Bank atas                    and pre-agreed profit sharing (nisbah) based
          penggunaan dana tersebut dengan nisbah                          on income derived by the Bank from the use of
          yang ditetapkan dan disetujui sebelumnya.                       such funds. Mudharabah savings deposits are
          Tabungan mudharabah dicatat sebesar nilai                       stated based on the customer’s savings deposit
          simpanan dari nasabah.                                          balance.

          Deposito mudharabah merupakan simpanan                          Mudharabah time deposits represent third party
          pihak lain yang hanya bisa ditarik pada waktu                   funds that can be withdrawn only at a certain
          tertentu sesuai dengan perjanjian antara                        point in time based on the agreement between
          pemegang deposito mudharabah dengan                             the depositors and the Bank.
          Bank.

          Deposito mudharabah dinyatakan sebesar nilai                    Mudharabah time deposits are stated at
          nominal sesuai dengan perjanjian antara                         nominal amount based on the agreement
          pemegang deposito dengan Bank.                                  between the depositors and the Bank.

          Dana syirkah temporer tidak dapat digolongkan                   Temporary syirkah funds cannot be classified
          sebagai liabilitas. Hal ini karena Bank tidak                   as liabilities. This is because the Bank does not
          berkewajiban untuk mengembalikan jumlah                         have any liabilities to return the fund to the
          dana awal dari pemilik dana kecuali akibat                      owners, except for losses due to the
          kelalaian atau wanprestasi ketika mengalami                     management’s                negligence         or
          kerugian.                                                       misrepresentation.

          Di sisi lain dana syirkah temporer tidak dapat                  On the other hand, temporary syirkah funds
          digolongkan      sebagai     ekuitas    karena                  cannot also be classified as equity, because of
          mempunyai waktu jatuh tempo dan pemilik                         the existence of maturity period and the
          dana tidak mempunyai hak kepemilikan yang                       absence of similar rights of depositors as with
          sama dengan pemegang saham, seperti hak                         shareholders, such as voting rights and the
          voting dan hak atas realisasi keuntungan yang                   rights to realise gain from current assets and
          berasal dari aset lancar dan aset noninvestasi.                 other non-investment assets.

          Dana syirkah temporer merupakan salah satu                      Temporary syirkah funds represent one of the
          unsur laporan posisi keuangan, hal tersebut                     statements of financial position accounts which
          sesuai   dengan    prinsip  syariah    yang                     is in accordance with sharia principles that
          memberikan hak kepada Bank untuk                                provide rights to the Bank to manage and
          mengelola dan menginvestasikan dana,                            invest funds, including mixing of one fund with
          termasuk untuk mencampur dana dimaksud                          the other funds.
          dengan dana lainnya.




                                                    Halaman - 37 - Page
Page 576
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)        (Expressed in millions of Rupiah, unless otherwise stated)

2.   KEBIJAKAN AKUNTANSI MATERIAL (lanjutan)                     2.   MATERIAL ACCOUNTING POLICIES (continued)

     r.   Dana syirkah temporer (lanjutan)                            r.   Temporary syirkah funds (continued)

          Pemilik dana syirkah temporer memperoleh                         The owners of temporary syirkah funds receive
          bagian atas keuntungan sesuai kesepakatan                        parts of profit in accordance with the
          dan menerima kerugian berdasarkan jumlah                         agreement and receive loss based on the
          dana dari masing-masing pihak. Pembagian                         proportion of fund from each parties. The profit
          hasil dana syirkah temporer dapat dilakukan                      distribution of temporary syirkah funds might be
          dengan konsep bagi hasil atau bagi                               based on profit sharing or revenue sharing
          keuntungan.                                                      concept.

     s.   Pendapatan     pengelolaan     dana    sebagai              s. Income from           fund     management        as
          mudharib                                                       mudharib

          Pendapatan pengelolaan dana sebagai                              Income from fund management as mudharib
          mudharib terdiri dari pendapatan dari transaksi                  consists   of    income     from    murabahah
          piutang murabahah, istishna, pendapatan dari                     receivables transactions, istishna receivables,
          ijarah, pendapatan bagi hasil dari pembiayaan                    income from ijarah, profit sharing from
          mudharabah dan musyarakah dan pendapatan                         mudharabah and musyarakah financing and
          usaha utama lainnya.                                             other main operating income.

          Pendapatan      atas    piutang    murabahah                     Income from murabahah receivables is
          menggunakan metode setara tingkat imbal                          recognised using the effective rate of return
          hasil efektif (margin efektif). Margin efektif                   method (effective margin). Effective margin is
          adalah     margin     yang     secara   tepat                    the margin that precisely discounts the
          mendiskontokan estimasi pembayaran atau                          estimated future cash payments or receipts
          penerimaan kas di masa datang selama                             through the expected life of the murabahah
          perkiraan umur dari piutang murabahah.                           receivables.

          Pada saat menghitung margin efektif, Bank                        When calculating the effective margin, the
          mengestimasi arus kas di masa datang                             Bank estimates the future cash flows
          dengan         mempertimbangkan         seluruh                  considering all contractual terms of the financial
          persyaratan kontraktual dalam instrumen                          instrument, but does not consider the loss of
          keuangan          tersebut,     tetapi     tidak                 receivables in the future. This calculation
          mempertimbangkan kerugian piutang di masa                        includes all commissions, provision fees and
          mendatang. Perhitungan ini mencakup seluruh                      other forms accepted by the parties in the
          komisi, provisi dan bentuk lain yang diterima                    contract that are an inseparable part of the
          oleh para pihak dalam kontrak yang                               effective margin, transaction costs and all other
          merupakan bagian tak terpisahkan dari margin                     premiums or discounts.
          efektif, biaya transaksi dan seluruh premi atau
          diskon lainnya.

          Pendapatan istishna diakui       apabila   telah                 Income from istishna is recognised at the date
          terjadi penyerahan barang.                                       of transfer of assets.

          Pendapatan ijarah muntahiyah bittamlik                           Income from ijarah muntahiyah bittamlik
          (“IMBT”) diakui selama masa akad secara                          (“IMBT”) is recognised over the contract period
          merata sejak aset tersedia sampai akhir akad.                    evenly from the time the assets become
          Bank mengakui pendapatan ijarah multijasa                        available until the end of the contract. The
          porsi pokok sejak nasabah menerima jasa dari                     Bank recognises the principal portion of income
          pihak penyedia jasa berdasarkan kemajuan                         from multi-services ijarah from the time the
          jasa yang diberikan dan sejumlah biaya jasa                      customer receives services from the service
          yang harus dibayarkan Bank kepada pihak                          provider based on the progress of the services
          penyedia jasa. Bank mengakui pendapatan                          provided and the amount of service fees that
          margin ijarah multijasa secara merata setelah                    must be paid by the Bank to the service
          selesainya pemberian jasa oleh pihak                             provider. The Bank recognises income from
          penyedia jasa selama masa akad ijarah antara                     multi-services ijarah margin evenly after the
          Bank dan nasabah. Pendapatan IMBT dan                            completion of service by the service provider
          ijarah multijasa disajikan secara neto setelah                   during the period of the ijarah contract between
          dikurangi beban terkait di laba rugi.                            the Bank and the customer. Income from IMBT
                                                                           and multi-services ijarah are presented on a
                                                                           net basis after deducting the related expenses
                                                                           in profit or loss.



                                                     Halaman - 38 - Page
Page 577
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)       (Expressed in millions of Rupiah, unless otherwise stated)

2.   KEBIJAKAN AKUNTANSI MATERIAL (lanjutan)                    2.   MATERIAL ACCOUNTING POLICIES (continued)

     s.   Pendapatan pengelolaan         dana    sebagai             s. Income from fund              management       as
          mudharib (lanjutan)                                           mudharib (continued)

          Pendapatan usaha musyarakah yang menjadi                        Musyarakah income which is distributed to
          hak mitra aktif diakui sebesar haknya sesuai                    active partners is recognised in accordance
          dengan kesepakatan, sedangkan pendapatan                        with the agreement, while musyarakah income
          usaha musyarakah untuk mitra pasif diakui                       which is distributed to passive partners is
          sebagai hak pihak mitra pasif atas bagi hasil                   recognised as right of the passive partner to
          dan liabilitas.                                                 profit sharing and liabilities.

          Pendapatan usaha mudharabah diakui dalam                        Income from mudharabah is recognised during
          periode terjadinya hak bagi hasil sesuai nisbah                 the period of profit sharing in accordance with
          yang disepakati dan tidak diperkenankan                         the agreed nisbah, while recognition based on
          mengakui pendapatan dari proyeksi hasil                         projected income is not allowed. Loss incurred
          usaha. Kerugian akibat kelalaian dari                           due to negligence on the part of fund manager
          pengelola dana dibebankan pada pengelola                        is charged to the fund manager and shall not
          dana dan tidak mengurangi investasi                             reduce the mudharabah investment.
          mudharabah.

          Pendapatan usaha utama lainnya terdiri dari                     Other main operating income consists of
          pendapatan dari pinjaman qardh, pendapatan                      income derived from funds of qardh, Bank
          dari Deposito Berjangka Syariah Bank                            Indonesia Sharia Term Deposits, FASBIS,
          Indonesia,    pendapatan       dari FASBIS,                     placements with other sharia banks and profit
          pendapatan dari penempatan pada bank                            sharing from investment in marketable
          syariah lain dan pendapatan bagi hasil                          securities.
          investasi pada surat berharga.

     t.   Hak pihak ketiga atas bagi hasil dana                      t. Third parties' share on return of temporary
          syirkah temporer                                              syirkah funds

          Hak pihak ketiga atas bagi hasil dana syirkah                   Third parties’ share on return of temporary
          temporer merupakan bagian bagi hasil milik                      syirkah funds represents third parties’ share on
          pihak ketiga yang didasarkan pada prinsip                       the income of the Bank derived from managing
          mudharabah mutlaqah atas pengelolaan dana                       of such funds under mudharabah mutlaqah
          mereka oleh Bank. Pendapatan yang                               principles. The profit sharing is distributed on
          dibagikan adalah pendapatan yang telah                          the cash basis.
          diterima (cash basis).

          Bagi hasil yang dibagikan kepada pemilik dana                   The profit sharing distributed to fund owners is
          dihitung dari pendapatan Bank.                                  calculated based on the revenue of the Bank.

          Jumlah pendapatan margin dan bagi hasil atas                    Margin income and profit sharing on financing
          pembiayaan yang diberikan dan dari aset                         facilities and other earning assets are
          produktif lainnya yang akan dibagikan kepada                    distributed to fund owners. The Bank computes
          nasabah penyimpan dana. Bank menghitung                         proportionately based on the allocation of funds
          secara proporsional sesuai dengan alokasi                       from owners and the Bank which was used in
          dana nasabah dan Bank yang dipakai dalam                        financing and other earning assets granted.
          pembiayaan yang diberikan dan aset produktif
          lainnya yang disalurkan.

          Dari jumlah pendapatan margin dan bagi hasil                    The total available margin and profit sharing
          yang tersedia untuk nasabah tersebut                            are distributed to customers and depositors as
          kemudian dibagihasilkan kepada nasabah                          shahibul maal and to the Bank as mudharib in
          penabung dan deposan sebagai shahibul maal                      accordance with a predetermined nisbah, while
          dan Bank sebagai mudharib sesuai dengan                         for customers of demand deposits and savings
          porsi nisbah bagi hasil yang telah disepakati                   deposits under wadiah contract might be
          bersama sebelumnya, sedangkan untuk                             granted bonuses according to the Bank’s
          nasabah giro dan tabungan dengan akad                           policy.
          wadiah dapat diberikan bonus berdasarkan
          kebijakan Bank.

          Pendapatan margin dan bagi hasil atas                           Margin income and profit sharing from
          pembiayaan yang diberikan dan aset produktif                    financing and other earning assets which are
          lainnya yang didapatkan melalui penggunaan                      earned through the use of the Bank's funds, are
          dana Bank, seluruhnya menjadi milik Bank,                       entirely entitled to the Bank, including income
          termasuk pendapatan dari investasi Bank                         from the Bank's fee-based investments.
          berbasis imbalan.




                                                    Halaman - 39 - Page
Page 578
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)       (Expressed in millions of Rupiah, unless otherwise stated)

2.   KEBIJAKAN AKUNTANSI MATERIAL (lanjutan)                    2.   MATERIAL ACCOUNTING POLICIES (continued)

     u.   Pendapatan imbalan jasa perbankan                          u. Fee based income from banking services

          Pendapatan imbalan jasa perbankan diakui                        Fee based income from banking services is
          pada periode akuntansi dimana jasa diberikan,                   recognised in the accounting period in which
          dengan mengacu pada tingkat penyelesaian                        the services are rendered, by reference to the
          dari suatu transaksi dan dinilai berdasarkan                    stage of completion of the specific transaction
          jasa aktual yang telah diberikan sebagai                        and assessed on the basis of the actual service
          proporsi atas total jasa yang harus diberikan.                  provided as a proportion of the total service to
                                                                          be provided.

     v.   Imbalan kerja                                              v. Employee benefits

          Imbalan kerja jangka pendek                                     Short-term employee benefits

          Imbalan kerja jangka pendek seperti upah,                       Short-term employee benefits such as salaries,
          iuran jaminan sosial, cuti jangka pendek dan                    social security contributions, short-term leaves
          tunjangan hari raya diakui selama tahun                         and allowance of feast day are recognised
          berjalan jasa diberikan. Imbalan jangka                         during the period when services have been
          pendek dihitung sebesar jumlah yang tidak                       rendered. Short-term employee benefits are
          didiskontokan.                                                  measured using undiscounted amounts.

          Program pensiun iuran pasti                                     Defined contribution plan

          Iuran   kepada     dana     pensiun   sebesar                   Contribution payable to the pension fund
          persentase tertentu gaji pegawai yang menjadi                   equivalent to a certain percentage of salaries
          peserta program pensiun iuran pasti Bank.                       for qualified employees under the Bank’s
          Iuran dicadangkan dan diakui sebagai biaya                      defined contribution plan. The contribution is
          ketika jasa telah diberikan oleh pegawai-                       accrued and recognised as expense when
          pegawai     tersebut    dan    pembayarannya                    services have been rendered by qualified
          dikurangkan dari utang iuran. Iuran terutang                    employees and actual payments are deducted
          dihitung berdasarkan jumlah yang tidak                          from the contribution payable. Contribution
          didiskontokan.                                                  payable is measured using undiscounted
                                                                          amounts.

          Program imbalan pasti dan imbalan kerja                         Defined benefit plan and other long-term
          jangka panjang lainnya                                          employee benefits

          Imbalan pasca kerja dan imbalan kerja jangka                    The post-employment benefits and other long-
          panjang lainnya seperti cuti besar diakui                       term employee benefits such as grand leaves
          sebagai biaya ketika jasa telah diberikan oleh                  are recognised as expense when services have
          pegawai yang memenuhi syarat. Imbalan kerja                     been rendered by qualified employees. The
          ditentukan berdasarkan peraturan Bank dan                       benefits are determined based on Bank
          Undang-Undang Cipta Kerja No. 11 Tahun                          regulations and Labor Law No. 11 of 2020
          2020 tanggal 2 November 2021.                                   dated 2 November 2021.

          Imbalan pasca kerja dan imbalan kerja jangka                    The post-employment benefits and other long-
          panjang lainnya secara aktuaris ditentukan                      term employee benefits are actuarially
          berdasarkan metode Projected Unit Credit.                       determined using the Projected Unit Credit
                                                                          method.

          Pengukuran kembali atas liabilitas (aset)                       Remeasurement of net defined benefit liabilities
          imbalan pasti bersih, yang diakui sebagai                       (assets), which is recognised as other
          penghasilan komprehensif lain terdiri atas:                     comprehensive income consist of:

          (i) Keuntungan dan kerugian aktuarial;                          (i)   Actuarial gain and losses;
          (ii) Imbal hasil atas aset program, tidak                       (ii)  Return on plan assets, excluding amounts
                termasuk jumlah yang dimasukkan dalam                           that is included in net interest on liabilities
                bunga bersih atas liabilitas (aset); dan                        (assets); and
          (iii) Setiap perubahan dampak batas aset,                       (iii) The effect of the asset ceiling, excluding
                tidak termasuk jumlah yang dimasukkan                           amounts included in the net interest of
                dalam bunga bersih atas liabilitas (aset).                      liabilities (assets).




                                                    Halaman - 40 - Page
Page 579
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)       (Expressed in millions of Rupiah, unless otherwise stated)

2.   KEBIJAKAN AKUNTANSI MATERIAL (lanjutan)                    2.   MATERIAL ACCOUNTING POLICIES (continued)

     v.   Imbalan kerja (lanjutan)                                   v. Employee benefits (continued)

          Program imbalan pasti dan imbalan kerja                         Defined benefit plan and other long-term
          jangka panjang lainnya (lanjutan)                               employee benefits (continued)

          Pengukuran kembali atas liabilitas (aset)                       Remeasurement of defined benefit liabilities
          imbalan pasti - bersih, yang diakui sebagai                     (assets) - net, which is recognised as other
          penghasilan      komprehensif   lain   tidak                    comprehensive income is not reclassified to
          direklasifikasi ke laba rugi pada periode                       profit or loss in the subsequent periods.
          berikutnya.

          Untuk imbalan kerja jangka panjang lain atas                    For other long-term employee benefits: current
          biaya jasa kini, biaya bunga bersih atas                        service cost, net interest expense of net defined
          liabilitas (aset) imbalan pasti bersih dan                      benefit liabilities (assets) and re-measurement
          pengukuran kembali liabilitas (aset) imbalan                    of liabilities (assets) is recognised immediately
          pasti bersih langsung diakui pada laporan laba                  in the current year statements of profit or loss
          rugi dan penghasilan komprehensif lain tahun                    and other comprehensive income.
          berjalan.

          Biaya jasa lalu diakui sebagai beban pada                       Past service costs are recognised as expense
          tanggal yang lebih awal antara ketika                           at the earlier date between the occurrence of
          amendemen atau kurtailmen program terjadi,                      the amendments or curtailment program occurs,
          dan ketika biaya restrukturisasi atau pesangon                  and the recognition of the costs of restructuring
          diakui, sehingga biaya jasa lalu yang belum                     or severance. Therefore, unvested past service
          vested tidak lagi dapat ditangguhkan dan                        cost can no longer be deferred and recognised
          diakui selama periode vesting masa depan.                       over the future vesting period.

     w. Perpajakan                                                   w. Taxation

          Beban pajak tahun berjalan ditetapkan                           Current tax expense is provided based on the
          berdasarkan taksiran penghasilan kena pajak                     estimated taxable income for the current year.
          tahun berjalan. Aset dan liabilitas pajak                       Deferred tax assets and liabilities are
          tangguhan diakui atas perbedaan temporer                        recognised for temporary differences between
          aset dan liabilitas antara pelaporan komersial                  the financial and the tax bases of assets and
          dan pajak pada setiap tanggal pelaporan.                        liabilities at each reporting date.

          Aset pajak tangguhan diakui untuk seluruh                       Deferred tax assets are recognised for all
          perbedaan temporer yang boleh dikurangkan                       deductible temporary differences and carry
          dan    saldo  rugi    fiskal   yang   belum                     forward of uncompensated tax losses to the
          dikompensasikan,    sepanjang     perbedaan                     extent that it is probable that those temporary
          temporer dan rugi fiskal yang belum                             differences      and     carry     forward   of
          dikompensasikan tersebut dapat dimanfaatkan                     uncompensated tax losses will be utilised in
          untuk mengurangi laba fiskal pada masa yang                     deducting future taxable profit.
          akan datang.

          Jumlah tercatat aset pajak tangguhan ditelaah                   The carrying amount of deferred tax assets is
          pada setiap tanggal posisi keuangan dan nilai                   reviewed at each reporting date and is
          tercatat aset pajak tangguhan tersebut                          reduced when it is no longer probable that
          diturunkan apabila tidak lagi terdapat                          sufficient taxable profits will be available to
          kemungkinan besar bahwa laba fiskal yang                        compensate part or all of the benefit of the
          memadai        akan       tersedia      untuk                   deferred tax assets.
          mengkompensasi sebagian atau semua
          manfaat aset pajak tangguhan.

          Perubahan terhadap liabilitas pajak diakui                      Amendment to tax obligation is recorded when
          pada saat surat ketetapan pajak diterima, atau                  an assessment letter is received or, if objected
          apabila diajukan keberatan dan atau banding                     to or appealed against by the Bank, when the
          oleh Bank, pada saat telah ada keputusan atas                   result of such appeal or objection is
          banding dan atau keberatan tersebut. Jika                       determined. If needed, management will
          perlu, manajemen akan membentuk provisi                         provide provisions based on the estimated
          berdasarkan jumlah yang diestimasikan akan                      amount which will be paid to tax authority.
          dibayar kepada otoritas pajak.




                                                    Halaman - 41 - Page
Page 580
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)         (Expressed in millions of Rupiah, unless otherwise stated)

2.   KEBIJAKAN AKUNTANSI MATERIAL (lanjutan)                     2.   MATERIAL ACCOUNTING POLICIES (continued)

     w. Perpajakan (lanjutan)                                         w. Taxation (continued)

          Aset dan liabilitas atas pajak tangguhan dan                       Assets and liabilities on deferred tax and
          pajak kini dapat saling hapus apabila terdapat                     current tax can be offset if there is a legal
          hak    yang     berkekuatan    hukum     untuk                     enforceable right to offset.
          melakukan saling hapus.

          Aset dan liabilitas pajak tangguhan diukur                         Deferred tax assets and liabilities are
          berdasarkan tarif pajak yang akan berlaku                          measured at the tax rates that are expected to
          pada tahun saat aset direalisasikan atau                           apply to the year when the asset is realised or
          liabilitas diselesaikan berdasarkan peraturan                      the liability is settled based on tax laws that
          perpajakan yang berlaku atau yang telah                            have been enacted or substantively enacted
          secara substantif diberlakukan pada tanggal                        as at statements of financial position dates.
          laporan posisi keuangan. Pengaruh pajak                            The related tax effects of the provisions for
          terkait dengan penyisihan untuk dan/atau                           and/or reversals of all temporary differences
          pembalikan seluruh perbedaan temporer                              during the year, including the effect of change
          selama tahun berjalan, termasuk pengaruh                           in tax rates, are recognised as “Income Tax
          perubahan tarif pajak, diakui sebagai                              Benefit/(Expense)” and included in the net
          “Manfaat/(Beban) Pajak Penghasilan” dan                            profit or loss for the year, except to the extent
          termasuk dalam laba atau rugi bersih tahun                         that they relate to items previously charged to
          berjalan, kecuali untuk transaksi-transaksi                        other comprehensive income and reported to
          yang sebelumnya telah langsung dibebankan                          equity.
          ke laba komprehensif lainnya dan dilaporkan
          ke ekuitas.

     x.   Transaksi dan saldo mata uang asing                         x.   Transaction       and    balance       in   foreign
                                                                           currency

          Bank menyelenggarakan catatan akuntansinya                         The Bank maintains its accounting records in
          dalam Rupiah Indonesia sebagai mata uang                           Indonesian Rupiah as the functional currency.
          fungsional. Transaksi yang melibatkan mata                         Transactions in foreign currencies are
          uang asing dicatat pada nilai tukar pada saat                      recorded at the prevailing exchange rates in
          terjadinya transaksi.                                              effect on the date of the transactions.

          Pada tanggal laporan posisi keuangan, aset                         At statements of financial position dates, all
          dan liabilitas moneter dalam mata uang asing                       monetary assets and liabilities denominated in
          dijabarkan ke dalam mata uang Rupiah                               foreign currencies are translated into Rupiah
          dengan menggunakan kurs Reuters pada                               using the Reuters spot rates at 16:00 WIB
          pukul 16:00 WIB (Waktu Indonesia Bagian                            (Western Indonesian Time).
          Barat).

          Keuntungan atau kerugian yang timbul                               The resulting gains or losses from the
          sebagai akibat dari penjabaran aset dan                            translation of monetary assets and liabilities in
          liabilitas moneter dalam mata uang asing                           foreign currencies are recognised in the
          dicatat dalam laporan laba rugi dan                                statements of profit or loss and other
          penghasilan komprehensif lain tahun berjalan.                      comprehensive income for the current year.

          Kurs mata uang asing yang digunakan untuk                          The exchange rates used in translating foreign
          penjabaran mata uang asing terhadap Rupiah                         currency amounts into Rupiah are as follows
          adalah sebagai berikut (nilai penuh):                              (full amount):

                                                   2024               2023

          1 Dolar Amerika Serikat                    16,095.00         15,397.00                          1 United States Dollar
          1 Riyal Arab Saudi                          4,284.00          4,106.00                          1 Saudi Arabian Riyal
          1 Euro Eropa                               16,758.12         17,038.32                                1 European Euro
          1 Dolar Singapura                          11,844.58         11,676.34                              1 Singapore Dollar
          1 Dolar Australia                          10,013.51         10,520.77                              1 Australian Dollar
          1 Dolar Hong Kong                           2,073.11          1,970.73                            1 Hong Kong Dollar
          1 Pound Sterling Inggris                   20,218.54         19,626.56                  1 Great Britain Pound Sterling
          1 Yen Jepang                                  103.03            108.88                                    1 Japan Yen
          1 Dolar Kanada                             11,201.59         11,629.59                              1 Canadian Dollar
          1 Franc Swiss                              17,815.04         18,299.27                                   1 Swiss Franc
          1 Yuan China                                2,198.50          2,170.06                                 1 Chinese Yuan
          1 Dirham Uni Emirat Arab                    4,382.00          4,192.50                 1 United Arab Emirates Dirham



                                                    Halaman - 42 - Page
Page 581
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)       (Expressed in millions of Rupiah, unless otherwise stated)

2.   KEBIJAKAN AKUNTANSI MATERIAL (lanjutan)                    2.   MATERIAL ACCOUNTING POLICIES (continued)

     y.   Pembiayaan berjangka mudharabah                            y. Mudharabah term financing

          Pembiayaan        berjangka       mudharabah                    Mudharabah term financing is a joint financing
          merupakan pembiayaan kerjasama antara                           made between the Bank as the business
          Bank sebagai pelaksana usaha (mudharib)                         executor (mudharib) and the other bank as the
          dengan bank lain sebagai pemilik dana                           owner of the funds (shahibul maal) during a
          (shahibul maal) selama jangka waktu tertentu.                   certain period. The funds received from the
          Dana yang diterima dari pemilik dana diakui                     fund owners are recognised as temporary
          sebagai dana syirkah temporer sebesar jumlah                    syirkah funds amounting to the cash received.
          kas yang diterima. Pada tanggal laporan posisi                  On the statements of financial position date,
          keuangan, dana syirkah temporer diukur dan                      temporary syirkah funds are measured and
          disajikan sebesar nilai tercatat.                               presented at the carrying amount.

          Hak pemilik dana atas bagi hasil usaha yang                     The right of the fund owner to the profit sharing
          sudah diperhitungkan tetapi belum dibagikan                     that has been calculated but has not yet been
          kepada pemilik dana diakui sebagai liabilitas.                  distributed to the fund owner is recognised as a
                                                                          liability.

     z.   Sukuk mudharabah                                           z. Sukuk mudharabah

          Sukuk mudharabah diakui sebesar nilai wajar                     Sukuk mudharabah is initially recognised at fair
          pada awalnya dan selanjutnya diukur sebesar                     value and subsequently measured at amortised
          biaya     perolehan    diamortisasi  dengan                     cost using a straight-line method. Amortised
          menggunakan garis lurus. Biaya perolehan                        cost is calculated by taking into account any
          diamortisasi         dihitung        dengan                     discount or premium associated to the initial
          memperhitungkan adanya diskonto atau premi                      recognition and transaction cost. The funds
          terkait dengan pengakuan awal dan biaya                         received from the fund owners are recognised
          transaksi. Dana yang diterima dari pemilik                      as temporary syirkah funds.
          dana diakui sebagai dana syirkah temporer.

     aa. Laba per saham                                              aa. Earnings per share

          Laba per lembar saham dasar dihitung dengan                     Basic earnings per share is calculated by
          membagi laba tahun berjalan dengan jumlah                       dividing income for the year by the weighted
          rata-rata tertimbang saham yang ditempatkan                     average number of issued and fully paid-up
          dan disetor penuh pada tahun yang                               shares during the related year.
          bersangkutan.

     ab. Provisi                                                     ab. Provisions

          Provisi diakui jika Bank memiliki kewajiban kini                Provisions are recognised when the Bank has a
          (baik bersifat hukum maupun bersifat                            present obligation (legal or constructive), as a
          konstruktif), akibat peristiwa masa lalu, besar                 result of a past event, it is probable that an
          kemungkinannya penyelesaian kewajiban                           outflow of resources embodying economic
          tersebut mengakibatkan arus keluar sumber                       benefits will be required to settle the obligation
          daya yang mengandung manfaat ekonomi dan                        and a reliable estimate can be made of the
          estimasi yang andal mengenai jumlah                             amount of the obligation.
          kewajiban tersebut dapat dibuat.
          Provisi ditelaah pada setiap tanggal pelaporan                  Provisions are reviewed at each reporting date
          dan     disesuaikan    untuk    mencerminkan                    and adjusted to reflect the current best
          estimasi terbaik yang paling kini. Jika arus                    estimate. If it is no longer probable that an
          keluar sumber daya untuk menyelesaikan                          outflow of resources embodying economic
          kewajiban kemungkinan besar tidak terjadi,                      benefits will be required to settle the obligation,
          maka provisi dibalik.                                           the provision is reversed.




                                                    Halaman - 43 - Page
Page 582
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)       (Expressed in millions of Rupiah, unless otherwise stated)

2.   KEBIJAKAN AKUNTANSI MATERIAL (lanjutan)                    2.    MATERIAL ACCOUNTING POLICIES (continued)

     ac. Sumber dana kebajikan                                        ac. Source of qardhul hasan funds

         Sesuai       dengan       Fatwa     DSN-MUI                      Based           on         Fatwa          DSN-MUI
         No. 123/DSN-MUI/XI/2018, Dana Kebajikan                          No. 123/DSN-MUI/XI/2018, Qardhul Hasan
         berasal dari Dana yang Tidak Boleh Diakui                        Funds comes from Funds that are Prohibited
         Sebagai Pendapatan (Dana TBDSP), di                              to be Recognised as Revenue (TBDSP
         antaranya adalah sebagai berikut:                                Funds), which include the following:
         1.    Transaksi tidak sesuai dengan prinsip                 1.   1.  The transaction that is not accordance
               syariah yang tidak dapat dihindarkan                           with sharia principle and cannot be
               termasuk pendapatan bunga (riba).                              avoided include interest revenue (riba).
         2.    Transaksi syariah yang tidak terpenuhi                2.   2. The sharia transaction does not fulfill the
               ketentuan dan batasannya (rukun                                terms and conditions (principle and/or
               dan/atau syaratnya).                                           requirement.
         3.    Dana sanksi (denda) karena tidak                           3. Penalty funds (fines) because of not
               memenuhi         kewajiban       sesuai                        fulfilling the obligation on initial contract.
               kesepakatan.
         4.   Dana yang tidak diketahui pemiliknya,                       4.   Unknown funds, the owner is known but
              diketahui     pemiliknya   tetapi   tidak                        was not found or the owner is known but
              ditemukan atau diketahui pemiliknya                              return cost is higher than the stated
              tetapi biaya pengembaliannya lebih besar                         amount.
              dari jumlah dana tersebut.

     ad. Segmen operasi                                               ad. Operating segment

         Segmen adalah bagian yang dapat dibedakan                        A segment is a distinguishable component of
         dari Bank yang terlibat baik dalam                               the business unit that is engaged either in
         menyediakan produk tertentu (segmen usaha),                      providing certain products (business segment),
         maupun dalam menyediakan produk dalam                            or in providing products within a particular
         lingkungan    ekonomi     tertentu  (segmen                      economic        environment      (geographical
         geografis), yang memiliki risiko dan imbalan                     segment), which is subject to risks and
         yang berbeda dengan segmen lainnya.                              rewards that are different from those of other
                                                                          segments.

         Pendapatan, beban, hasil, aset dan liabilitas                    Segment revenue, expenses, results, assets
         segmen mencakup hal-hal yang dapat                               and liabilities include items directly attributable
         diatribusikan langsung kepada suatu segmen                       to a segment as well as those that can be
         serta hal-hal yang dapat dialokasikan dengan                     allocated on a reasonable basis to that
         dasar yang sesuai kepada segmen tersebut.                        segment.

         Bank menyajikan segmen operasi berdasarkan                       The Bank presents operating segment based
         laporan internal yang disajikan kepada Direksi                   on the Bank’s internal report that is presented
         sebagai pengambil keputusan operasional dan                      to the Board of Directors as the chief operating
         keuangan.                                                        decision maker.

         Di tahun 2022, Bank menerapkan perubahan                         In 2022, the Bank implements some changes
         terhadap penyajian segmen operasi yang                           in presentation of its operational segments for
         digunakan dalam laporan kinerja manajemen                        the internal management performance report.
         internal. Bank telah mengidentifikasi dan                        The Bank has identified and disclosed financial
         mengungkapkan        informasi    keuangan                       information based on main business (business
         berdasarkan kegiatan bisnis utama (segmen                        segment) classified into Corporate Banking,
         usaha) yang terbagi atas kelompok Corporate                      Commercial Banking, Institutional Relation,
         Banking, Commercial Banking, Hubungan                            Retail and Treasury Banking & Head Office.
         Kelembagaan, Ritel, dan Treasury Banking &
         Kantor Pusat.




                                                    Halaman - 44 - Page
Page 583
                                            PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)        (Expressed in millions of Rupiah, unless otherwise stated)

3.   PENGGUNAAN ESTIMASI DAN PERTIMBANGAN                        3.   USE OF CRITICAL ACCOUNTING ESTIMATES
     AKUNTANSI YANG PENTING                                           AND JUDGMENTS

     Beberapa estimasi dan asumsi dibuat dalam                        Certain estimates and assumptions are made in
     rangka penyusunan laporan keuangan dimana                        the preparation of the financial statements and
     dibutuhkan pertimbangan manajemen dalam                          these    require    management       judgment in
     menentukan metodologi yang tepat untuk penilaian                 determining the appropriate methodology for
     aset dan liabilitas.                                             valuation of assets and liabilities.

     Manajemen membuat estimasi dan asumsi yang                       Management makes estimates and assumptions
     berimplikasi pada pelaporan nilai aset dan liabilitas            that affect the reported amounts of assets and
     atas tahun keuangan satu tahun ke depan. Semua                   liabilities within the next financial year. All
     estimasi dan asumsi yang diharuskan oleh PSAK                    estimates and assumptions required in conformity
     adalah estimasi terbaik yang didasarkan pada                     with SFAS are best estimates undertaken in
     standar yang berlaku. Estimasi dan pertimbangan                  accordance with the applicable standard. Estimates
     dievaluasi secara terus menerus dan berdasarkan                  and judgments are evaluated on a continuous
     pengalaman masa lalu dan faktor-faktor lain                      basis and are based on past experiences and other
     termasuk harapan atas kejadian yang akan datang.                 factors, including expectations with regard to future
                                                                      events.

     Walaupun estimasi dan asumsi ini dibuat                          Although these estimates and assumptions are
     berdasarkan pengetahuan terbaik manajemen atas                   based on management’s best knowledge of current
     kejadian dan aktivitas saat ini, hasil yang timbul               events and activities, actual result may differ from
     mungkin berbeda dengan estimasi dan asumsi                       those estimates and assumptions.
     semula.

     Sumber utama ketidakpastian estimasi:                            Key sources of estimation uncertainty:

     a.   Cadangan kerugian penurunan nilai pada                      a. Allowance for impairment losses on
          piutang, pinjaman qardh, dan pembiayaan                        receivables, funds of qardh, and financing

          Bank menelaah kualitas aset pada setiap                          The Bank examines the quality of assets at
          tanggal laporan posisi keuangan untuk menilai                    statements of financial position date to assess
          apakah penurunan nilai harus dicatat dalam                       whether impairment should be recorded in the
          laporan laba rugi dan penghasilan komprehensif                   statements of profit or loss and other
          lain. Dalam menentukan apakah penurunan                          comprehensive income. In determining whether
          nilai harus dibentuk dalam laporan laba rugi,                    a provision for impairment losses should be
          Bank membuat estimasi penilaian apakah                           recognised in the profit or loss, the Bank makes
          terdapat indikasi penurunan kualitas aset.                       estimation of whether there is any indication of
          Estimasi tersebut didasarkan pada asumsi dari                    impairment in the asset quality. Such estimates
          sejumlah aset dan hasil akhirnya mungkin                         are based on the assumption of a number of
          berbeda, yang mengakibatkan perubahan di                         factors, and the end result may differ, resulting
          masa mendatang atas cadangan penurunan                           in future changes to allowance for impairment.
          nilai.

          Kondisi spesifik counterparty yang mengalami                     The specific condition of impaired counterparty
          penurunan nilai dalam pembentukan cadangan                       in calculating allowances for impairment losses
          kerugian atas piutang, pinjaman qardh, dan                       on receivables, funds of qardh, and financing is
          pembiayaan        dievaluasi     secara   individu               evaluated individually based on management’s
          berdasarkan estimasi terbaik manajemen atas                      best estimate of the present value of the
          nilai kini arus kas yang diharapkan akan                         expected cash in flows. In estimating these
          diterima. Dalam mengestimasi arus kas                            cash flows, management makes judgments
          tersebut, manajemen membuat pertimbangan                         about the counterparty’s financial situation
          tentang situasi keuangan counterparty dan/atau                   and/or the net realisable value of any
          nilai realisasi bersih dari setiap agunan. Setiap                underlying collateral. Each impaired assets is
          aset yang mengalami penurunan nilai dinilai                      assessed on its merits, the workout strategy
          sesuai dengan manfaat yang ada, dan strategi                     and estimated recoverable cash flows.
          penyelesaian serta estimasi arus kas yang
          diperkirakan dapat diterima.




                                                     Halaman - 45 - Page
Page 584
                                            PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)        (Expressed in millions of Rupiah, unless otherwise stated)

3.   PENGGUNAAN ESTIMASI DAN PERTIMBANGAN                        3.   USE OF CRITICAL ACCOUNTING ESTIMATES
     AKUNTANSI YANG PENTING (lanjutan)                                AND JUDGMENTS (continued)
     a. Cadangan kerugian penurunan nilai pada                        a. Allowance for impairment losses on
        piutang, pinjaman qardh, dan pembiayaan                          receivables, funds of qardh, and financing
        (lanjutan)                                                       (continued)
          Perhitungan cadangan penurunan nilai kolektif                    Collectively assessed impairment allowances
          meliputi kerugian pembiayaan yang melekat                        cover financing losses inherent in portfolios of
          dalam portofolio piutang, pinjaman qardh, dan                    receivables, funds of qardh, and financing with
          pembiayaan dengan karakteristik ekonomi yang                     similar economic characteristics when there is
          sama ketika terdapat bukti objektif penurunan                    objective evidence of impairment, yet the
          nilai, tetapi penurunan nilai secara individu                    individual impaired items cannot be identified.
          belum dapat diidentifikasi. Dalam menilai                        In assessing the need for collective allowances,
          kebutuhan untuk cadangan kolektif, manajemen                     management considers factors such as
          mempertimbangkan faktor-faktor seperti kualitas                  financing quality and product segmentation. In
          piutang dan segmentasi. Guna membuat                             order to estimate the required allowance,
          estimasi      cadangan       yang      diperlukan,               assumptions are made to define the way
          manajemen        membuat         asumsi      untuk               inherent losses are modelled and to determine
          menentukan kerugian yang melekat, dan untuk                      the required input parameters, based on
          menentukan parameter input yang diperlukan,                      historical experience and current economic
          berdasarkan pengalaman masa lalu dan kondisi                     conditions. The accuracy of the allowances
          ekonomi saat ini. Keakuratan penyisihan                          depends on how well these estimate future
          tergantung pada seberapa baik estimasi arus                      cash flows for specific counterparty allowances
          kas masa depan untuk cadangan counterparty                       and the model assumptions and parameters
          tertentu dan asumsi model dan parameter yang                     used in determining collective allowances (Note
          digunakan dalam menentukan cadangan                              2d, 9, 10, 11, 12, 45a).
          kolektif (Catatan 2d, 9, 10, 11, 12, 45a).
     b. Kewajiban imbalan kerja karyawan                              b. Employee benefits liabilities
          Nilai kini atas imbalan kerja karyawan                           The present value of the employee benefit
          tergantung dari banyaknya faktor yang                            obligations depends on a number of factors that
          dipertimbangkan oleh aktuaris berdasarkan                        are determined on an actuarial basis using a
          beberapa asumsi. Perubahan atas asumsi-                          number of assumptions. Any changes in these
          asumsi tersebut akan mempengaruhi carrying                       assumptions will impact the carrying amount of
          amount atas imbalan kerja karyawan.                              employee benefit obligations.
          Asumsi yang digunakan untuk menentukan                           The assumptions used in determining the net
          biaya atau pendapatan untuk imbalan kerja                        cost or income for employee benefits include the
          mencakup tingkat diskonto dan kenaikan gaji                      discount rate and future salary increase. Any
          di masa datang. Adanya perubahan pada                            changes in these assumptions will have an
          asumsi ini akan mempengaruhi jumlah tercatat                     impact on the carrying amount of employee
          kewajiban imbalan kerja karyawan.                                benefits liabilities.
          Bank menentukan tingkat diskonto yang tepat                      The Bank determines the appropriate discount
          pada setiap periode pelaporan. Ini merupakan                     rate at the reporting period. This is the interest
          tingkat suku bunga yang digunakan untuk                          rate that should be used to determine the
          menentukan nilai kini atas arus kas masa                         present value of estimated future cash outflows
          depan yang diestimasi akan digunakan untuk                       expected to be required to settle the pension
          membayar imbalan kerja. Dalam menentukan                         obligations. In determining the appropriate
          tingkat    diskonto   yang     tepat,   Bank                     discount rate, the Bank considers the interest
          mempertimbangkan tingkat suku bunga atas                         rates of Government Bonds that have terms to
          Obligasi Pemerintah yang mempunyai jatuh                         maturity approximating the terms of the related
          tempo yang menyerupai jangka waktu imbalan                       employee benefit liabilities.
          kerja karyawan.
          Untuk tingkat kenaikan gaji masa datang, Bank                    For the rate of future salary increases, the Bank
          mengumpulkan        data   historis   mengenai                   collects all historical data relating to changes in
          perubahan      gaji    dasar     pekerja  dan                    base salaries and adjusts it for future business
          menyesuaikannya dengan perencanaan bisnis                        plans.
          masa datang.
          Asumsi kunci liabilitas pensiun           lainnya                Other key assumptions for pension obligations
          sebagian ditentukan berdasarkan           kondisi                are partly based on current market conditions.
          pasar saat ini.
     c.   Perpajakan                                                  c. Taxation
          Bank      menentukan    provisi   perpajakan                     The Bank provides for tax provision based on
          berdasarkan estimasi atas kemungkinan                            estimates whether the additional taxes will be
          adanya tambahan beban pajak. Jika hasil akhir                    due. Where the final tax outcome of these
          dari hal ini berbeda dengan jumlah yang                          matters is different from the amounts that were
          dicatat semula, maka perbedaan tersebut akan                     initially recorded, such differences will impact the
          berdampak terhadap laba rugi.                                    profit loss.

                                                     Halaman - 46 - Page
Page 585
                                            PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)         (Expressed in millions of Rupiah, unless otherwise stated)

3.   PENGGUNAAN ESTIMASI DAN PERTIMBANGAN                         3.   USE OF CRITICAL ACCOUNTING ESTIMATES
     AKUNTANSI YANG PENTING (lanjutan)                                 AND JUDGMENTS (continued)
     c.   Perpajakan (lanjutan)                                        c.   Taxation (continued)
          Aset pajak tangguhan diakui atas jumlah pajak                     Deferred tax assets are recognised for the
          penghasilan terpulihkan (recoverable) pada                        future recoverable taxable income arising from
          periode mendatang sebagai akibat perbedaan                        temporary difference. Management judgement
          temporer yang boleh dikurangkan. Justifikasi                      is required to determine the amount of deferred
          manajemen diperlukan untuk menentukan                             tax assets that can be recognised, based upon
          jumlah aset pajak tangguhan yang dapat diakui,                    the likely timing on level of future taxable profits
          sesuai dengan waktu yang tepat dan tingkat                        together with future strategic planning.
          laba fiskal di masa mendatang sejalan dengan
          strategi rencana perpajakan ke depan.
     d.   Revaluasi aset tetap                                         d.   Fixed asset revaluation

          Revaluasi aset tetap Bank bergantung pada                         The Bank’s fixed assets revaluation depends on
          pemilihan asumsi yang digunakan oleh penilai                      its selection of certain assumptions used by the
          independen dalam menghitung jumlah-jumlah                         independent appraisal in calculating such
          tersebut. Asumsi tersebut termasuk antara lain:                   amounts. Those assumptions include among
          tingkat diskonto, nilai tukar, tingkat inflasi dan                others: discount rate, exchange rate, inflation
          tingkat kenaikan pendapatan dan biaya. Bank                       rate and revenue and cost increase rate. The
          berkeyakinan bahwa asumsi tersebut adalah                         Bank believes that its assumptions are
          wajar dan sesuai, perbedaan signifikan dalam                      reasonable and appropriate and significant
          asumsi     yang     ditetapkan     Bank      dapat                differences in the Bank’s assumptions may
          mempengaruhi secara material nilai aset tetap                     materially affect the valuation of its fixed assets.
          yang direvaluasi.
     e.   Menentukan jangka waktu kontrak dengan                       e.   Determine the contract term with extension
          opsi perpanjangan dan penghentian kontrak                         and contract termination options - the Bank
          - Bank sebagai lessee                                             as lessee
          Bank menentukan jangka waktu sewa sebagai                         The Bank determines the lease term as non-
          jangka waktu sewa yang tidak dapat dibatalkan,                    cancellable term, together with the period
          bersama dengan periode yang dicakup oleh                          covered by the option to extend the lease if it is
          opsi untuk memperpanjang masa sewa jika                           determined to be exercised, or any period
          dipastikan akan dilaksanakan, atau periode apa                    covered by the option to terminate the lease, if it
          pun     yang     dicakup  oleh    opsi   untuk                    is reasonably certain not to be exercised.
          menghentikan sewa, jika cukup wajar untuk
          tidak dilakukan.
          Bank memiliki beberapa kontrak sewa yang                          The Bank has several lease contracts that
          mencakup opsi perpanjangan dan penghentian                        include extension and contract termination in
          jangka waktu sewa. Bank menerapkan                                the lease terms. The Bank applies its judgment
          penilaian dalam mengevaluasi apakah dapat                         in evaluating whether it is certain to exercise the
          dipastikan jika akan menggunakan opsi untuk                       option to extend or terminate the lease. This is
          memperpanjang atau menghentikan sewa. Hal                         done by considering all relevant facts and
          tersebut dilakukan dengan mempertimbangkan                        circumstances that provide economic incentives
          seluruh fakta dan keadaan yang relevan yang                       to extend or terminate the lease. After the
          memberikan insentif ekonomi untuk melakukan                       commencement date, the Bank reassesses the
          perpanjangan atau penghentian sewa. Setelah                       lease term, if there is a significant event or
          tanggal dimulainya, Bank menilai kembali masa                     change in circumstances which is under its
          sewa, jika terdapat peristiwa atau perubahan                      control and affects whether the lessee is certain
          signifikan dalam keadaan yang berada dalam                        enough to exercise the option to extend or
          kendali dan mempengaruhi apakah lessee                            terminate the lease.
          cukup pasti untuk mengeksekusi opsi
          memperpanjang atau menghentikan sewa.
     f.   Penyisihan kerugian aset nonproduktif                        f.   Allowance for impairment losses on non-
                                                                            earning assets
          Bank menelaah potensi kerugian aset                               The Bank evaluates the potential loss of non-
          nonproduktif pada setiap tanggal pelaporan                        earning assets at each reporting date to assess
          untuk menilai apakah terdapat penyisihan                          whether provision for impairment losses should
          penurunan nilai yang harus dibentuk dalam                         be recognised in the statements of profit or loss
          laporan laba rugi dan penghasilan komprehensif                    and     other    comprehensive income.         In
          lain. Dalam menentukan apakah penyisihan                          determining whether a provision for impairment
          penurunan nilai harus dibentuk, Bank membuat                      losses should be recognised, the Bank makes
          estimasi penilaian apakah terdapat indikasi                       estimate on whether there is any indication of
          penurunan nilai dari aset nonproduktif. Estimasi                  impairment of non-earning assets. These
          tersebut didasarkan pada pertimbangan dari                        estimates are based on consideration of a
          sejumlah faktor dan hasil akhirnya mungkin                        number of factors and the end results may be
          berbeda (Catatan 15).                                             different (Note 15).

                                                      Halaman - 47 - Page
Page 586
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)        (Expressed in millions of Rupiah, unless otherwise stated)

3.   PENGGUNAAN ESTIMASI DAN PERTIMBANGAN                       3.   USE OF CRITICAL ACCOUNTING ESTIMATES
     AKUNTANSI YANG PENTING (lanjutan)                               AND JUDGMENTS (continued)

     g.    Perlakuan penjualan aset pembiayaan                       g.     Treatment of sales of financing assets

           Penjualan aset syariah berupa pembiayaan                         The sale of sharia assets in the form of
           musyarakah mutanaqishah (“MMQ”) griya                            musyarakah mutanaqishah (“MMQ”) financing
           dilakukan setelah memenuhi kondisi jual beli                     is carried out after fulfilling the actual
           yang sesungguhnya (al-bai’ al-haqiqi), yang                      conditions of sale and purchase (al-bai' al-
           ditandai dengan berpindahnya kepemilikan                         haqiqi), which is marked by the transfer of
           aset pembiayaan MMQ yang diperjualbelikan,                       ownership of the MMQ financing assets being
           tidak ada kewajiban Bank untuk membeli                           traded, there is no obligation of the Bank to
           kembali aset pembiayaan dalam bentuk                             buy back the financing assets in the form of
           pembiayaan atau dalam bentuk instrumen                           financing or in the form of sharia asset-backed
           investasi sekuritisasi efek beragun aset                         securities securitization investment instrument
           syariah surat partisipasi (“EBAS-SP”).                           participation letter (“EBAS-SP”).

           Kontrak jual beli secara syariah harus dibuat                    Sharia sale and purchase contracts must be
           dalam bentuk jelas dan final. Prinsip syariah                    made in a clear and final form. Sharia
           mensyaratkan tidak boleh terdapat dua                            principles require that there cannot be two
           transaksi dalam satu kontrak. Sehingga Bank                      transactions in one contract. So the Bank
           memperlakukan penjualan aset pembiayaan                          treats the sale of financing assets as a
           sebagai transaksi yang terpisah dari                             separate transaction from the purchase of
           pembelian EBAS-SP kelas B.                                       class B EBAS-SP.

           Bank     menerapkan      kriteria   jual  beli                   The Bank applies true sale criteria using
           sesungguhnya menggunakan PSAK 411,                               SFAS 411, "Accounting of Wa’d". The true
           “Akuntansi Wa’d”. Jual beli sesungguhnya                         sale is marked by a transfer from the Bank to
           ditandai dengan telah terjadi perpindahan dari                   the issuer of:
           Bank kepada penerbit atas:
           a. hak dan kewajiban hukum aset syariah;                         a) legal rights and obligations of sharia
                                                                                assets;
           b.   semua manfaat dan risiko dari aset                          b) all risks and rewards from sharia assets;
                syariah; dan                                                    and
           c.   pengendalian atas aset syariah tersebut.                    c) control over the sharia assets.

           Sesuai dengan hal diatas, Bank menghentikan                      Accordingly, the Bank derecognised the MMQ
           pengakuan     pembiayaan      MMQ   secara                       financing at its entirety (see Note 12g).
           menyeluruh (lihat Catatan 12g).


4.   KAS                                                        4.   CASH

                                                   2024              2023
     Rupiah                                         7,623,321         4,912,435                                     Rupiah
     Mata uang asing                                                                                   Foreign currencies
       Riyal Arab Saudi                               272,438             201,033                     Saudi Arabian Riyal
       Dolar Amerika Serikat                          174,016             130,786                     United States Dollar
       Dolar Singapura                                  6,402               8,425                        Singapore Dollar
       Euro Eropa                                       3,020               2,242                            Europe Euro
       Dolar Australia                                  1,423                 793                        Australian Dollar
       Yen Jepang                                          69                 127                          Japanese Yen

                                                    8,080,689         5,255,841

     Pada tanggal 31 Desember 2024 dan 2023, saldo                   As at 31 December 2024 and 2023, the Rupiah
     dalam mata uang Rupiah tersebut sudah termasuk                  balance includes cash in Automated Teller
     uang pada mesin Anjungan Tunai Mandiri (”ATM”)                  Machines (“ATM”) amounting to Rp1,738,176 and
     masing-masing    sebesar    Rp1.738.176    dan                  Rp804,958, respectively.
     Rp804.958.




                                                    Halaman - 48 - Page
Page 587
                                             PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)         (Expressed in millions of Rupiah, unless otherwise stated)

4.   KAS (lanjutan)                                              4.   CASH (continued)

     Bank telah mengasuransikan kas dalam kluis, kas                  The Bank has insured cash in vaults, cash in transit
     dalam perjalanan dan kas pada mesin ATM untuk                    and cash in ATMs to cover possible losses against
     menutup kemungkinan kerugian terhadap risiko                     the risk of natural disasters, theft and other risks to
     bencana alam, pencurian, dan risiko lainnya kepada               PT Asuransi Askrida Syariah and PT Asuransi
     PT Asuransi Askrida Syariah dan PT Asuransi                      Takaful Umum, all are third parties, PT Asuransi
     Takaful Umum, keseluruhannya adalah pihak ketiga,                Tugu Pratama Indonesia Tbk., PT BRI Asuransi
     PT Asuransi Tugu Pratama Indonesia Tbk., PT BRI                  Indonesia Unit Syariah and PT Asuransi Jasindo
     Asuransi Indonesia Unit Syariah dan PT Asuransi                  Syariah, all are related parties.
     Jasindo Syariah, keseluruhannya adalah pihak
     berelasi.


5.   GIRO DAN           PENEMPATAN           PADA   BANK         5.   CURRENT ACCOUNTS              AND     PLACEMENTS
     INDONESIA                                                        WITH BANK INDONESIA

     a.   Berdasarkan mata uang                                       a. By currency

                                                    2024              2023

          Rupiah                                    41,470,072        21,401,613                                      Rupiah
          Dolar Amerika Serikat                      8,496,207        11,039,165                          United States Dollar

                                                    49,966,279        32,440,778

     b.   Berdasarkan jenis                                           b. By type

                                                    2024              2023

          Rupiah                                                                                                      Rupiah
            Giro pada Bank Indonesia                13,470,072        16,901,613      Current accounts with Bank Indonesia
            Fasilitas Simpanan Bank                                                      Bank Indonesia Sharia Certificates
              Indonesia Syariah (“FASBIS”)          28,000,000         4,500,000                    Facilities (“FASBIS”)

                                                    41,470,072        21,401,613
          Dolar Amerika Serikat                                                                          United States Dollar
            Deposito Berjangka Syariah                                                                     Bank Indonesia
               Bank Indonesia                        8,127,975        10,854,885                   Sharia Term Deposits
                                                                                                     Current accounts with
            Giro pada Bank Indonesia                   368,232          184,280                          Bank Indonesia

                                                     8,496,207        11,039,165

                                                    49,966,279        32,440,778

     c.   Berdasarkan jangka waktu                                    c. By time period

                                                    2024              2023

          Rupiah                                                                                                       Rupiah
            ≤ 1 bulan                               41,470,072        21,401,613                                  ≤ 1 month
            > 1 - ≤ 3 bulan                                  -                 -                           > 1 - ≤ 3 months
            > 3 - ≤ 12 bulan                                 -                 -                          > 3 - ≤ 12 months

                                                    41,470,072        21,401,613

          Dolar Amerika Serikat                                                                           United States Dollar
            ≤ 1 bulan                                8,496,207        10,038,360                                  ≤ 1 month
            > 1 - ≤ 3 bulan                                  -         1,000,805                           > 1 - ≤ 3 months
            > 3 - ≤ 12 bulan                                 -                 -                          > 3 - ≤ 12 months

                                                     8,496,207        11,039,165

                                                    49,966,279        32,440,778




                                                    Halaman - 49 - Page
Page 588
                                              PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                  31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

5.   GIRO DAN PENEMPATAN                  PADA     BANK            5.   CURRENT ACCOUNTS AND PLACEMENTS
     INDONESIA (lanjutan)                                               WITH BANK INDONESIA (continued)

     d.   Berdasarkan sisa umur jatuh tempo                             d. By remaining period to maturity

                                                    2024                2023

          Rupiah                                                                                                          Rupiah
            ≤ 1 bulan                                41,470,072         21,401,613                                   ≤ 1 month
            > 1 - ≤ 3 bulan                                   -                  -                            > 1 - ≤ 3 months
            > 3 - ≤ 12 bulan                                  -                  -                           > 3 - ≤ 12 months

                                                     41,470,072         21,401,613
          Dolar Amerika Serikat                                                                              United States Dollar
            ≤ 1 bulan                                 8,496,207         10,269,315                                   ≤ 1 month
            > 1 - ≤ 3 bulan                                   -            769,850                            > 1 - ≤ 3 months

                                                      8,496,207         11,039,165

                                                     49,966,279         32,440,778

     e.   Berdasarkan kolektibilitas                                    e. By collectibility

          Kolektibilitas giro dan penempatan pada Bank                        The collectibility of current accounts and
          Indonesia diungkapkan pada Catatan 54a.                             placements with Bank Indonesia is disclosed in
                                                                              Note 54a.

     f.   Rasio Giro Wajib Minimum (“GWM”)                              f.   The    Minimum     Statutory              Reserve
                                                                             Requirement (“GWM”) Ratio

          GWM Bank sesuai dengan Peraturan Bank                               GWM Bank in accordance with Bank Indonesia
          Indonesia dan Peraturan Anggota Dewan                               Regulation and Board of Governors Members
          Gubernur     (“PADG”) diungkapkan pada                              Regulations (“PADG”) is disclosed in Note 54l.
          Catatan 54l.

     g.   Kisaran tingkat bonus tahunan                                 g. The range of annual bonus rate
                                                    2024                2023

          Fasilitas Simpanan                                                                                      Bank Indonesia
            Bank Indonesia Syariah (“FASBIS”)     5.25% - 5.50%     5.00% - 5.25%          Sharia Deposit Facilities (“FASBIS”)
          Deposito Berjangka Syariah                                                                      Bank Indonesia Sharia
            Bank Indonesia                        4.35% - 5.58%     4.31% - 5.59%                                 Term Deposit


6.   GIRO DAN PENEMPATAN PADA BANK LAIN                            6.   CURRENT ACCOUNTS               AND     PLACEMENTS
                                                                        WITH OTHER BANKS

     a.   Berdasarkan mata uang                                         a.     By currency

                                                    2024                2023

          Rupiah                                      2,700,430              639,257                                     Rupiah

          Mata uang asing                                                                                   Foreign currencies
            Dolar Amerika Serikat                     1,001,663          1,284,332                        United States Dollar
            Riyal Arab Saudi                             79,938            365,480                        Saudi Arabian Riyal
            Dolar Singapura                              34,578             10,468                            Singapore Dollar
            Euro Eropa                                   19,758             14,795                                Europe Euro
            Pound Sterling Inggris                        6,576              2,073                Great Britain Pound Sterling
            Dirham Uni Emirat Arab                        7,011              2,113               United Arab Emirates Dirham
            Dolar Australia                               7,987              4,364                            Australian Dollar
            Yen Jepang                                    2,863              1,338                              Japanese Yen
            Yuan China                                   19,805                  -                              Chinese Yuan
            Dolar Hong Kong                                 265                253                          Hong Kong Dollar

                                                      1,180,444          1,685,216

          Jumlah                                      3,880,874          2,324,473                                         Total
          Cadangan kerugian penurunan nilai             (14,809)           (20,745)             Allowance for impairment losses

                                                      3,866,065          2,303,728



                                                     Halaman - 50 - Page
Page 589
                                              PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                    31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)             (Expressed in millions of Rupiah, unless otherwise stated)

6.   GIRO DAN PENEMPATAN PADA BANK LAIN                              6.   CURRENT ACCOUNTS AND PLACEMENTS
     (lanjutan)                                                           WITH OTHER BANKS (continued)

     b.   Berdasarkan hubungan                                            b.     By relationship
                                                   2024                   2023

          Pihak ketiga                                                                                                 Third parties
          Rupiah                                                                                                             Rupiah
            Sertifikat Pengelolaan Dana
              Berdasarkan Prinsip Syariah                                                      Sharia Compliant Interbank Fund
              Antarbank ("SIPA")                     2,400,000                 250,000        Management Certificate ("SIPA")

            Giro                                       193,933                 317,627                           Current accounts

                                                     2,593,933                 567,627
          Mata uang asing                                                                                        Foreign currencies
            Giro                                     1,158,392             1,651,606                              Current accounts
                                                     3,752,325             2,219,233
          Pihak berelasi (Catatan 44)                                                                     Related parties (Note 44)
          Rupiah                                                                                                            Rupiah
            Giro                                       106,498                  71,630                          Current accounts

          Mata uang asing                                                                                        Foreign currencies
            Giro                                           22,051               33,610                            Current accounts
                                                       128,549                 105,240

          Jumlah                                     3,880,874             2,324,473                                            Total
          Cadangan kerugian penurunan nilai            (14,809)              (20,745)                Allowance for impairment losses

                                                     3,866,065             2,303,728

     c.   Berdasarkan kolektibilitas                                      c.     By collectibility

          Kolektibilitas giro dan penempatan pada bank                          The collectibility of current accounts and
          lain diungkapkan pada Catatan 54b.                                    placements with other banks is disclosed in
                                                                                Note 54b.

     d.   Berdasarkan jatuh tempo                                         d. By maturity

          Giro dan penempatan pada bank lain memiliki                           Current accounts and placements with other
          sisa umur jatuh tempo kurang dari 1 (satu)                            banks have remaining period to maturity of less
          bulan.                                                                than 1 (one) month.

     e.   Perubahan cadangan kerugian penurunan                           e. The movements of allowance for losses on
          nilai giro dan penempatan pada bank lain                           current accounts and placements with other
                                                                             banks
                                                   2024                   2023

          Saldo awal                                       20,745               15,575                             Beginning balance
          (Pembalikan)/pembentukan selama                                                                         (Reversal)/provision
            tahun berjalan (Catatan 39)                    (6,999)               4,628                    during the year (Note 39)
          Selisih kurs                                      1,063                  542                      Exchange rate difference

          Saldo akhir                                      14,809               20,745                               Ending balance

     Manajemen        berpendapat     bahwa  jumlah                       Management believes that the allowance for
     penyisihan kerugian giro pada bank lain adalah                       impairment losses is adequate to cover losses from
     cukup untuk menutup kerugian akibat tidak                            uncollectible current accounts with other banks.
     tertagihnya giro pada bank lain.

     Pada tanggal 31 Desember 2024 dan 2023, tidak                        As at 31 December 2024 and 2023, no current
     terdapat giro dan penempatan pada bank lain                          accounts and placements with other bank are
     yang dijadikan jaminan.                                              pledged as collaterals.

     Seluruh pendapatan yang diterima dari giro pada                      All income received from current accounts with
     bank nonsyariah dicatat sebagai dana kebajikan                       non-sharia banks are recorded as qardhul hasan
     (Catatan 23).                                                        funds (Note 23).




                                                    Halaman - 51 - Page
Page 590
                                                    PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                               NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)

7.   INVESTASI PADA SURAT BERHARGA                                                7.    INVESTMENTS IN MARKETABLE SECURITIES

     a.   Berdasarkan jenis dan mata uang                                               a. By type and currency
                                                31 Desember/December 2024              31 Desember/December 2023
                                                 Nilai             Nilai                 Nilai             Nilai
                                               nominal/          tercatat/             nominal/          tercatat/
                                               Nominal           Carrying              Nominal          Carrying
                                                 value             value                value              value

          Nilai wajar melalui                                                                                                           Fair value through profit
             laba rugi                                                                                                                                  or loss
          Rupiah                                                                                                                                            Rupiah
          Surat Berharga Syariah                                                                                                    Government Islamic Securities
             Negara (“SBSN“)                      2,320,383          2,300,433            1,835,552          1,847,602                                (“SBSN“)
          Surat Perbendaharaan Negara                                                                                            Sharia State Treasury Certificate
             Syariah (“SPNS“)                     2,006,619          1,962,324              895,000            878,000                                (“SPNS“)
          Sukuk Bank Indonesia                    2,000,000          2,028,369            1,724,704          1,724,704                      Sukuk Bank Indonesia
          Reksa dana                                      -                  -              400,000            405,089                                Mutual funds
          Efek Beragun Aset Syariah -                                                                                            Sharia Asset Backed Securities -
             Surat Partisipasi (”EBAS - SP”)                                                                              Letter of Participation (“EBAS - SP”)
              (Catatan 7g dan 12g7)                 27,301              29,476              27,301              31,787                      (Note 7g and 12g7)
                                                  6,354,303          6,320,602            4,882,557          4,887,182
          Mata uang asing                                                                                                                 Foreign currencies
          Surat Berharga Syariah                                                                                                  Government Islamic Securities
             Negara (“SBSN“)                        46,466              46,181               6,728               6,702                            (“SBSN“)
          Total nilai wajar melalui                                                                                                     Total fair value through
             laba rugi                            6,400,769          6,366,783            4,889,285          4,893,884                          profit or loss

          Nilai wajar melalui penghasilan                                                                                            Fair value through other
             komprehensif lain                                                                                                     comprehensive income
          Rupiah                                                                                                                                       Rupiah
          Surat Berharga Syariah                                                                                                  Government Islamic Securities
             Negara (“SBSN“)                    10,455,701          10,251,000            7,119,539          7,087,426                            (“SBSN“)
          Sukuk Bank Indonesia                  11,184,698          11,184,698           20,693,578         20,744,693                  Sukuk Bank Indonesia
          Reksa dana                             2,500,000           2,543,914            1,200,000          1,219,721                            Mutual funds
          Sukuk korporasi                                -                   -              120,000            120,890                        Corporate sukuk
                                                24,140,399          23,979,612           29,133,117         29,172,730
          Mata uang asing                                                                                                                  Foreign currencies
          Sukuk Bank Indonesia                    8,127,975          8,127,975            1,539,700          1,544,442                   Sukuk Bank Indonesia
          Surat Berharga Syariah                                                                                                   Government Islamic Securities
             Negara (“SBSN“)                       273,615            261,066                     -                  -                             (“SBSN”)
                                                  8,401,590          8,389,041            1,539,700          1,544,442
          Total nilai wajar melalui                                                                                                   Total fair value through
             penghasilan komprehensif lain      32,541,989          32,368,653           30,672,817         30,717,172        other comprehensive income

          Biaya perolehan diamortisasi                                                                                                        Amortised cost
          Rupiah                                                                                                                                       Rupiah
          Surat Berharga Syariah                                                                                                  Government Islamic Securities
             Negara (“SBSN“)                    22,078,936          22,127,374           33,952,697         34,092,672                            (“SBSN“)
          Sukuk korporasi                          638,800             638,800              947,800            947,800                        Corporate sukuk
          Wesel ekspor                             309,746             309,746              200,858            200,858                              Export bills
                                                23,027,482          23,075,920           35,101,355         35,241,330
          Mata uang asing                                                                                                                 Foreign currencies
          Surat Berharga Syariah                                                                                                  Government Islamic Securities
             Negara (“SBSN“)                       431,346            433,580              443,434            449,140                             (“SBSN“)
          Wesel ekspor                               6,870              6,870                    -                  -                               Export bills
                                                   438,216            440,450              443,434            449,140
          Total biaya perolehan
             diamortisasi                       23,465,698          23,516,370           35,544,789         35,690,470                     Total amortised cost
          Total investasi pada                                                                                                            Total investments in
             surat berharga                                         62,251,806                              71,301,526                marketable securities
          Cadangan kerugian penurunan nilai                            (35,288)                               (132,506)          Allowance for impairment losses
          Bersih                                                    62,216,518                              71,169,020                                        Net




                                                               Halaman - 52 - Page
Page 591
                                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                                 NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                   31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                            (Expressed in millions of Rupiah, unless otherwise stated)

7.   INVESTASI PADA SURAT BERHARGA (lanjutan)                                       7.      INVESTMENTS IN MARKETABLE SECURITIES
                                                                                            (continued)

     b.   Berdasarkan penerbit                                                              b. By issuer
                                                                      Tingkat
                                                                   bagi hasil per
                                                                    tahun (%)/                     Peringkat/                          Nilai tercatat/
                                                                      Annual                        Rating                             Carrying value
                                                                     revenue
                                                                      sharing             31 Desember/     31 Desember/        31 Desember/      31 Desember/
          Penerbit/Issuer                                            rate (%)            December 2024    December 2023       December 2024     December 2023
          Diukur pada nilai wajar melalui laba rugi/
              Measured at fair value through profit or loss
              Rupiah
              Bank Indonesia                                             7.05                        -                    -        2,028,369              1,724,704
              Pemerintah/Government
                 Seri SBSN PBS003                                        6.00                        -                    -         698,031                 86,795
                 Seri SBSN PBS004                                        6.10                        -                    -          10,863                  8,846
                 Seri SBSN PBS005                                        6.75                        -                    -          17,620                108,737
                 Seri SBSN PBS007                                        9.00                        -                    -           3,247                  4,509
                 Seri SBSN PBS012                                        8.88                        -                    -         126,050                 38,939
                 Seri SBSN PBS015                                        8.00                        -                    -           1,969                 66,406
                 Seri SBSN PBS017                                        6.13                        -                    -         278,412                109,087
                 Seri SBSN PBS021                                        8.50                        -                    -              52                  1,660
                 Seri SBSN PBS022                                        8.63                        -                    -             380                  9,406
                 Seri SBSN PBS023                                        8.13                        -                    -               -                  6,505
                 Seri SBSN PBS025                                        8.38                        -                    -          46,761                 41,404
                 Seri SBSN PBS026                                        6.63                        -                    -               -                 56,604
                 Seri SBSN PBS028                                        7.75                        -                    -           9,558                112,525
                 Seri SBSN PBS029                                        6.38                        -                    -             232                 90,476
                 Seri SBSN PBS030                                        5.88                        -                    -         128,505                  1,149
                 Seri SBSN PBS031                                        4.00                        -                    -               -                435,305
                 Seri SBSN PBS032                                        4.88                        -                    -         328,337                 22,464
                 Seri SBSN PBS033                                        6.75                        -                    -          29,124                 22,770
                 Seri SBSN PBS034                                        6.50                        -                    -             964                 43,684
                 Seri SBSN PBS036                                        5.38                        -                    -         449,735                156,924
                 Seri SBSN PBS037                                        6.88                        -                    -           2,780                 52,694
                 Seri SBSN PBS038                                        6.88                        -                    -           3,235                 27,814
                 Seri SBSN SR014                                         5.47                        -                    -               -                223,102
                 Seri SBSN SR015                                         5.10                        -                    -               -                 71,150
                 Seri SBSN SR016                                         4.95                        -                    -          19,716                 22,503
                 Seri SBSN SR017                                         5.90                        -                    -          23,254                  2,342
                 Seri SBSN SR018T3                                       6.25                        -                    -          33,789                 21,230
                 Seri SBSN SR018T5                                       6.40                        -                    -          18,597                  2,572
                 Seri SBSN SR019T3                                       5.59                        -                    -          18,402                      -
                 Seri SBSN SR019T5                                       6.10                        -                    -          13,679                      -
                 Seri SBSN SR020T3                                       6.30                        -                    -          19,111                      -
                 Seri SBSN SR020T5                                       6.40                        -                    -          12,661                      -
                 Seri SBSN SR021T3                                       6.35                        -                    -           4,996                      -
                 Seri SBSN SR021T5                                       6.45                        -                    -             373                      -
                 SPN-S 01042025TRD                                          -                        -                    -         165,654                      -
                 SPN-S 01092025TRD                                          -                        -                    -         138,603                      -
                 SPN-S 02022025TRD                                          -                        -                    -         323,005                      -
                 SPN-S 03032025TRD                                          -                        -                    -         469,597                      -
                 SPN S 04082025TRD                                          -                        -                    -          75,910                      -
                 SPN-S 07052024TRD                                          -                        -                    -         309,093                410,755
                 SPN-S 09042024TRD                                          -                        -                    -         160,206                417,645
                 SPN-S 14022024TRD                                          -                        -                    -               -                 49,600
                 SPN-S 29052025TRD                                          -                        -                    -         320,256                      -
              Korporasi/Corporation
                 EBAS - SP                                                  -                        -                    -          29,476                 31,787
                 Reksa Dana PT Bahana TCW Investment Management             -                        -                    -               -                254,418
                 Reksa Dana PT Trimegah Syariah                             -                        -                    -               -                150,671
                                                                                                                                   6,320,602              4,887,182
              Dolar Amerika Serikat/United States Dollar
              Pemerintah/Government
                 Seri INDOIS25TRD                                        2.30                        -                    -           1,621                      -
                 Seri INDOIS27TRD                                        4.40                        -                    -          13,096                  6,702
                 Seri SNI25TRD                                           4.30                        -                    -          31,464                      -
                                                                                                                                     46,181                  6,702
                                                                                                                                   6,366,783              4,893,884
           Diukur pada nilai wajar melalui penghasilan
              komprehensif lain/
              Measured at fair value through other
              comprehensive income
              Rupiah
              Bank Indonesia                                             6.93                        -                    -       11,184,698             20,744,693
              Korporasi/Corporation
                 Reksa Dana PT Eastspring Investment Indonesia              -                        -                   -          717,281                256,717
                 Reksa Dana PT Bahana TCW Investment Management             -                        -                   -          512,750                508,975
                 Reksa Dana PT Trimegah Sekuritas Indonesia                 -                        -                   -          355,415                252,845
                 Reksa Dana PT BNP Paribas Asset Management                 -                        -                   -          203,855                201,184
                 Reksa Dana PT Manulife Syariah Proteksi Utama              -                        -                   -          200,938                      -
                 Reksa Dana PT Batavia Proteksi Syariah                     -                        -                   -          351,601                      -
                 RDST Syailendra Capital Protected Syariah 4                -                        -                   -          202,074                      -
                 Sukuk CIMB Niaga Tahun 2023 Seri A                      6.25                        -          AA+(idn)sy                -                 19,981
                 SMDR 2023 SERI B                                        9.45                        -            idA+(sy)                -                100,908
              Pemerintah/Government
                 Seri SBSN PBSG001                                       6.63                        -                    -          573,996                376,008
                 Seri SBSN PBS003                                        6.00                        -                    -        1,041,777                827,094
                 Seri SBSN PBS004                                        6.10                        -                    -        1,501,152                      -
                 Seri SBSN PBS012                                        8.88                        -                    -          366,579                370,150
                 Seri SBSN PBS029                                        6.38                        -                    -          999,665                515,711
                 Seri SBSN PBS030                                        5.88                        -                    -        1,619,080                594,982
                 Seri SBSN PBS031                                        4.00                        -                    -                -                965,562
                 Seri SBSN PBS032                                        4.88                        -                    -        1,636,720                973,873
                 Seri SBSN PBS036                                        5.38                        -                    -          598,793                594,430
                 Seri SBSN PBS037                                        6.88                        -                    -        1,913,238              1,869,617
                                                                                                                                  23,979,612             29,172,730


                                                                 Halaman - 53 - Page
Page 592
                                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                                 NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                   31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                            (Expressed in millions of Rupiah, unless otherwise stated)

7.   INVESTASI PADA SURAT BERHARGA (lanjutan)                                       7.      INVESTMENTS IN MARKETABLE SECURITIES
                                                                                            (continued)

     b.   Berdasarkan penerbit (lanjutan)                                                   b. By issuer (continued)
                                                                      Tingkat
                                                                   bagi hasil per
                                                                    tahun (%)/                      Peringkat/                            Nilai tercatat/
                                                                      Annual                         Rating                               Carrying value
                                                                     revenue
                                                                      sharing             31 Desember/      31 Desember/          31 Desember/      31 Desember/
          Penerbit/Issuer                                            rate (%)            December 2024     December 2023         December 2024     December 2023
           Diukur pada nilai wajar melalui penghasilan
              komprehensif lain (lanjutan)/
              Measured at fair value through other
              comprehensive income (continued)
              Dolar Amerika Serikat/United States Dollar
                 Seri SNI0630AFS                                         2.80                          -                     -           71,410                      -
                 Seri SNI0229AFS                                         4.45                          -                     -           94,236                      -
                 Seri SNI0729AFS                                         5.10                          -                     -           64,314                      -
                 Seri SNI0632AFS                                         4.70                          -                     -           31,106                      -
                 Bank lndonesia                                          4.78                          -                     -        8,127,975              1,544,442
                                                                                                                                      8,389,041              1,544,442
                                                                                                                                     32,368,653             30,717,172
          Diukur pada biaya perolehan diamortisasi/
              Measured at amortised cost
              Rupiah
              Korporasi/Corporation
                 BPD Kalsel 2022                                        8.00                    A(idn)sy             A(idn)sy           35,000                 35,000
                 CIMB Niaga Tahun 2023 Seri B                           7.15                 AA+(idn)sy          AA+(idn)sy             45,000                 45,000
                 Inka Tahun Tahun 2020                                 10.59                           -         idBBB+(sy)                  -                 75,000
                 ISAT Tahap I 2022                                      7.00                  idAAA(sy)            idAAA(sy)           213,800                213,800
                 MPI Tahap I 22 Seri A                                  9.00                     idA(sy)               idA(sy)         150,000                150,000
                 PTPN III Tahun 2018                                   11.25                           -         idBBB+(sy)                  -                 85,000
                 PT Global Mediacom Tbk Tahun 2022                     10.00                           -             idA+(sy)                -                 50,000
                 PT Wijaya Karya Tahap I Tahun 2020 Seri A              8.60                           -          idCCC(sy)                  -                 99,000
                 PT XL Axiata I Tahun 2022 Seri A                       6.75                 AAA(idn)sy          AAA(idn)sy            195,000                195,000
              Pemerintah/Government
                 Seri SBSN IFR0006                                     10.25                           -                     -           49,533                 50,407
                 Seri SBSN IFR0010                                     10.00                           -                     -           98,377                 99,774
                 Seri SBSN PBS003                                       6.00                           -                     -        1,921,650              1,923,235
                 Seri SBSN PBS004                                       6.10                           -                     -          712,393                710,589
                 Seri SBSN PBS005                                       6.75                           -                     -          156,743                156,558
                 Seri SBSN PBS012                                       8.88                           -                     -          166,538                168,951
                 Seri SBSN PBS017                                       6.13                           -                     -        7,590,093              7,619,962
                 Seri SBSN PBS021                                       8.50                           -                     -          105,663                108,697
                 Seri SBSN PBS026                                       6.63                           -                     -                -              7,859,178
                 Seri SBSN PBS030                                       5.88                           -                     -        3,353,999              3,356,547
                 Seri SBSN PBS031                                       4.00                           -                     -                -              3,067,898
                 Seri SBSN PBS032                                       4.88                           -                     -        6,625,521              6,623,442
                 Seri SBSN PBS036                                       5.38                           -                     -          298,577                296,272
                 Seri SBSN PBSG001                                      6.63                           -                     -          998,421                998,529
                 Seri SBSN SR014                                        5.47                           -                     -                -                501,295
                 Seri SBSN SR015                                        5.10                           -                     -                -                502,193
                 Seri SBSN SR016                                        4.95                           -                     -           49,866                 49,145
                 Wesel ekspor/Export bills                              6.04                           -                     -          309,746                200,858
                                                                                                                                     23,075,920             35,241,330
              Dolar Amerika Serikat/United States Dollar
              Pemerintah/Government
                 Seri INDOIS24                                           4.35                          -                     -               -                157,283
                 Seri INDOIS25                                           4.33                          -                     -          61,861                 60,845
                 Seri INDOIS25 NEW                                       2.30                          -                     -          80,494                 77,042
                 Seri INDOIS27                                           4.40                          -                     -         241,688                153,970
                 Seri INDOIS29                                           5.10                          -                     -          49,537                      -
                 Wesel Ekspor/Export bills                               4.70                          -                     -           6,870                      -
                                                                                                                                       440,450                449,140
                                                                                                                                     23,516,370             35,690,470
                                                                                                                                     62,251,806             71,301,526
          Cadangan kerugian penurunan nilai/
              Allowance for impairment losses                                                                                           (35,288)              (132,506)
                                                                                                                                     62,216,518             71,169,020


          Jumlah nominal atas INDOIS25, INDOIS25                                                 The nominal amount of INDOIS25, INDOIS25
          NEW,       INDOIS25TRD,       INDOIS27,                                                NEW,         INDOIS25TRD,       INDOIS27,
          INDOIS27TRD, INDOIS29, SNI25TRD dan                                                    INDOIS27TRD, INDOIS29, SNI25TRD and
          SUVBI dalam mata uang Dolar Amerika                                                    SUVBI which is denominated in United States
          Serikat pada tanggal 31 Desember 2024                                                  Dollar as at 31 December 2024 amounted to
          adalah sebesar USD551.028.356 (nilai                                                   USD551,028,356 (full amount).
          penuh).

          Jumlah nominal atas INDOIS24, INDOIS25,                                                The nominal amount of INDOIS24, INDOIS25,
          INDOIS25 NEW, INDOIS27, INDOIS27TRD,                                                   INDOIS25 NEW, INDOIS27, INDOIS27TRD,
          dan SUVBI dalam mata uang Dolar Amerika                                                and SUVBI which is denominated in United
          Serikat pada tanggal 31 Desember 2023                                                  States Dollar as at 31 December 2023
          adalah sebesar USD129.913.931 (nilai                                                   amounted to USD129,913,931 (full amount).
          penuh).


                                                                 Halaman - 54 - Page
Page 593
                                              PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

7.   INVESTASI PADA SURAT BERHARGA (lanjutan)                     7.   INVESTMENTS IN MARKETABLE SECURITIES
                                                                       (continued)

     b.   Berdasarkan penerbit (lanjutan)                              b. By issuer (continued)

          Bank mengakui (kerugian)/keuntungan yang                          The Bank recognised unrealised (loss)/gain on
          belum direalisasi dari perubahan nilai wajar                      changes in the value of marketable securities
          surat berharga yang diklasifikasikan “Diukur                      classified as “Measured at fair value through
          pada     nilai   wajar   melalui   pendapatan                     other comprehensive income” for the year
          komprehensif lain” untuk tahun yang berakhir                      ended 31 December 2024 and 2023
          31 Desember 2024 dan 2023 masing-masing                           amounting to Rp(92,116) and Rp61,631,
          sebesar Rp(92.116) dan Rp61.631 yang                              respectively, which are recorded in the
          disajikan di laporan laba rugi dan penghasilan                    statements of profit or loss and other
          komprehensif lain.                                                comprehensive income.

     c.   Berdasarkan jangka waktu                                     c. By period

                                                   2024                2023

          ≤ 1 tahun                                 19,175,310         24,005,262                                       ≤ 1 year
          > 1 - ≤ 3 tahun                            4,724,828          1,734,919                                > 1 - ≤ 3 years
          > 3 - ≤ 5 tahun                            4,418,800          8,694,459                                > 3 - ≤ 5 years
          > 5 tahun                                 33,932,868         36,866,886                                      > 5 years

                                                    62,251,806         71,301,526
          Cadangan kerugian penurunan nilai            (35,288)          (132,506)              Allowance for impairment losses

                                                    62,216,518         71,169,020

     d.   Berdasarkan sisa umur jatuh tempo                            d. By remaining period to maturity

                                                   2024                2023

          ≤ 1 bulan                                  4,906,360         17,162,511                                     ≤ 1 month
          > 1 - ≤ 3 bulan                           10,427,000          3,050,078                              > 1 - ≤ 3 months
          > 3 - ≤ 12 bulan                          18,568,165         19,328,749                             > 3 - ≤ 12 months
          > 1 tahun                                 28,350,281         31,760,188                                       > 1 year

                                                    62,251,806         71,301,526
          Cadangan kerugian penurunan nilai            (35,288)          (132,506)              Allowance for impairment losses

                                                    62,216,518         71,169,020

     e.   Berdasarkan hubungan                                         e. By relationship

                                                   2024                2023

          Pihak ketiga                                                                                             Third parties
            Rupiah                                  15,999,324         24,193,570                                     Rupiah
            Mata uang asing                          8,134,845          1,544,443                          Foreign currencies

                                                    24,134,169         25,738,013

          Pihak berelasi (Catatan 44)                                                                 Related parties (Note 44)
            Rupiah                                  37,376,811         45,107,671                                     Rupiah
            Mata uang asing                            740,826            455,842                         Foreign currencies

                                                    38,117,637         45,563,513

                                                    62,251,806         71,301,526
          Cadangan kerugian penurunan nilai            (35,288)          (132,506)              Allowance for impairment losses

                                                    62,216,518         71,169,020

     f.   Berdasarkan kolektibilitas                                   f.   By collectibility

          Kolektibilitas investasi pada surat berharga                      The collectibility of investments in marketable
          diungkapkan pada Catatan 54c.                                     securities is disclosed in Note 54c.




                                                    Halaman - 55 - Page
Page 594
                                                  PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                                NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                  31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                           (Expressed in millions of Rupiah, unless otherwise stated)

7.   INVESTASI PADA SURAT BERHARGA (lanjutan)                                      7.     INVESTMENTS IN MARKETABLE SECURITIES
                                                                                          (continued)

     g.   Informasi penting lainnya                                                       g. Other significant information

          Bank melakukan penilaian atas penurunan                                                The Bank assessed the impairment on
          nilai investasi surat berharga secara individual                                       investments     in   marketable  securities
          dengan adanya bukti objektif penurunan nilai.                                          individually based on whether an objective
                                                                                                 evidence of impairment exists.

          Manajemen berpendapat bahwa jumlah                                                     Management believes that the allowance for
          cadangan kerugian penurunan nilai di atas                                              impairment losses stated above is adequate.
          telah memadai.

          Pada tanggal 31 Desember 2024, Sukuk                                                   As of 31 December 2024, Government Bonds
          Pemerintah dengan jumlah nominal sebesar                                               with total nominal amount of Rp19,800,000
          Rp19.800.000      (2023:      Rp12.500.000)                                            (2023: Rp12,500,000) are being pledged as
          dijaminkan untuk fasilitas liabilitas kepada                                           collateral for the facilities of liabilities to Bank
          Bank Indonesia (Catatan 21).                                                           Indonesia (Note 21).

          Perubahan cadangan kerugian penurunan nilai                                            The movements of allowance for losses on
          investasi pada surat berharga adalah sebagai                                           investments in marketable securities are as
          berikut:                                                                               follows:

                                                               2024                       2023

          Saldo awal                                              132,506                      10,634                                      Beginning balance
          (Pembalikan)/pembentukan                                                                                                        (Reversal)/provision
            tahun berjalan (Catatan 39)                            (97,218)                   121,872                             during the year (Note 39)

          Saldo akhir                                                 35,288                  132,506                                            Ending balance

          Berikut adalah perubahan nilai tercatat dan                                            The following are changes in the carrying
          cadangan kerugian penurunan nilai efek-efek                                            value and allowance for impairment losses of
          dengan klasifikasi nilai wajar melalui                                                 securities classified as fair value through other
          penghasilan komprehensif lain.                                                         comprehensive income.
                                                           2024                                       2023
                                                                   Cadangan                                Cadangan
                                                                    kerugian                                kerugian
                                                                  penurunan                               penurunan
                                                                nilai/Allowance                         nilai/Allowance
                                             Nilai tercatat/    for impairment      Nilai tercatat/     for impairment
                                            Carrying value           losses        Carrying value            losses
          Saldo awal tahun                       30,717,172              13,406          3,051,045                    -                         Beginning balance
          Efek-efek yang baru dibeli             92,827,061              15,743         60,357,389               13,406       Newly purchased marketable securities
          Efek-efek yang jatuh tempo
             atau dijual                        (91,024,256)             (3,776)        (32,770,121)                      -    Matured or sold marketable securities
          Amortisasi premium dan diskonto           (59,208)                  -              17,228                       -    Amortisation of premium and discount
          Perubahan nilai wajar                     (92,116)                 66              61,631                       -                    Changes in fair values
                                                 32,368,653              25,439         30,717,172               13,406

          Bank membeli investasi EBAS-SP kelas B                                                 The Bank purchased the EBAS-SP class B
          pada bulan Juni 2023. EBAS-SP kelas B                                                  investment in June 2023. EBAS-SP class B is
          merupakan investasi kelas junior yang bersifat                                         a junior class investment which is subordinate
          subordinasi     dari  EBAS-SP       kelas   A.                                         to EBAS-SP class A. Payment of class B profit
          Pembayaran imbal hasil kelas B akan                                                    sharing will be paid on quarterly basis when
          dibayarkan setiap kuartal ketika imbal hasil                                           the class A profit sharing portion has been
          kelas A telah terbayar. Pembayaran pokok                                               paid. Payment of class B principal will be paid
          kelas B akan dibayarkan ketika pokok kelas A                                           only after all principal of class A are paid in full
          telah terbayar penuh (ekspektasi di 2032).                                             (expected in 2032).




                                                               Halaman - 56 - Page
Page 595
                                              PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                    31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)             (Expressed in millions of Rupiah, unless otherwise stated)

8.   TAGIHAN DAN LIABILITAS AKSEPTASI                                8.   ACCEPTANCE RECEIVABLES AND LIABILITIES

     a.   Berdasarkan jenis dan mata uang                                 a.     By type and currency

                                                   2024                   2023

          Rupiah                                                                                                          Rupiah
          Pihak ketiga                                                                                               Third parties
            L/C Impor dan Surat Kredit                                                                    Import L/C and Local
              Berdokumen Dalam Negeri                                                                        Letter of Credit
              (“SKBDN”)                                     4,630              223,571                           (“SKBDN”)
            L/C Ekspor dan Surat Kredit                                                                   Export L/C and Local
              Berdokumen Dalam Negeri                                                                        Letter of Credit
              (“SKBDN”)                                     8,064               20,503                           (“SKBDN”)

                                                           12,694              244,074

          Rupiah                                                                                                          Rupiah
          Pihak berelasi (Catatan 44)                                                                   Related parties (Note 44)
            L/C Impor dan Surat Kredit                                                                   Import L/C and Local
              Berdokumen Dalam Negeri                                                                        Letter of Credit
              (“SKBDN”)                                130,019                 124,856                           (“SKBDN”)
            L/C Ekspor dan Surat Kredit                                                                  Export L/C and Local
              Berdokumen Dalam Negeri                                                                        Letter of Credit
              (“SKBDN”)                                    42,432               62,298                           (“SKBDN”)

                                                       172,451                 187,154

                                                       185,145                 431,228
          Cadangan kerugian penurunan nilai             (1,851)                 (4,312)           Allowance for impairment losses

                                                       183,294                 426,916

     b.   Berdasarkan kolektibilitas                                      b. By collectibility

          Kolektibilitas tagihan akseptasi diungkapkan                          The collectibility of acceptance reveivables is
          pada Catatan 54d.                                                     disclosed in Note 54d.

     c.   Berdasarkan sisa umur jatuh tempo                               c. By remaining period to maturity

                                                   2024                   2023

          ≤ 1 bulan                                        30,721              289,490                                  ≤ 1 month
          > 1 - ≤ 3 bulan                                  66,362               68,657                           > 1 - ≤ 3 months
          > 3 - ≤ 12 bulan                                 88,062               73,081                          > 3 - ≤ 12 months

                                                       185,145                 431,228
          Cadangan kerugian penurunan nilai             (1,851)                 (4,312)           Allowance for impairment losses

                                                       183,294                 426,916

     d. Perubahan cadangan kerugian penurunan                             d. The movements of allowance for losses on
        nilai tagihan dan liabilitas akseptasi                               acceptance receivables and liabilities

                                                   2024                   2023

          Saldo awal                                        4,312                4,814                        Beginning balance
          Pembalikan selama                                                                                      Reversal during
            tahun berjalan (Catatan 39)                    (2,457)                (374)                     the year (Note 39)
          Selisih kurs                                         (4)                (128)                 Exchange rate difference

          Saldo akhir                                       1,851                4,312                            Ending balance

          Manajemen berpendapat bahwa penyisihan                                Management believes that the allowance for
          kerugian yang dibentuk adalah cukup untuk                             impairment losses is adequate to cover losses
          menutup kerugian akibat tidak tertagihnya                             from uncollectible acceptance receivables.
          tagihan akseptasi.




                                                    Halaman - 57 - Page
Page 596
                                             PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                   NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                     31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)              (Expressed in millions of Rupiah, unless otherwise stated)

9.   PIUTANG                                                          9.    RECEIVABLES

     a. Berdasarkan       mata      uang,    jenis,     dan                 a. By currency, type and collectibility
        kolektibilitas
                                                      2024                  2023

         Rupiah                                                                                                         Rupiah
           Piutang murabahah                                                                             Murabahah receivables
           Lancar                                     138,808,664          131,312,555                                Current
           Dalam perhatian khusus                       2,156,308            2,168,075                        Special mention
           Kurang lancar                                  885,705              845,358                           Substandard
           Diragukan                                      545,922              679,468                               Doubtful
           Macet                                        1,875,935            1,415,388                                   Loss

                                                      144,272,534          136,420,844

         Mata uang asing                                                                                    Foreign currencies
           Piutang murabahah                                                                            Murabahah receivables
           Lancar                                                 -             82,252                                Current
           Dalam perhatian khusus                                 -                  -                        Special mention
           Kurang lancar                                          -                  -                           Substandard
           Diragukan                                              -                  -                               Doubtful
           Macet                                                  -                  -                                  Loss
                                                                  -             82,252
                                                      144,272,534          136,503,096
         Cadangan kerugian penurunan nilai             (4,246,909)          (4,348,133)           Allowance for impairment losses
         Bersih                                       140,025,625          132,154,963                                          Net

         Rupiah                                                                                                           Rupiah
           Piutang istishna                                                                                Istishna receivables
           Lancar                                               11                   29                                 Current
           Dalam perhatian khusus                                -                    -                         Special mention
           Kurang lancar                                         -                    -                           Substandard
           Diragukan                                             -                    -                                Doubtful
           Macet                                                 -                    1                                   Loss
                                                                11                   30
         Cadangan kerugian penurunan nilai                       -                   (2)          Allowance for impairment losses
         Bersih                                                 11                   28                                         Net

         Rupiah                                                                                                            Rupiah
           Piutang ijarah                                                                                     Ijarah receivables
             Ijarah atas aset                                                                               Ijarah of assets
             Lancar                                               -                    -                              Current
             Dalam perhatian khusus                             229                  423                    Special mention
             Kurang lancar                                      259                  555                        Substandard
             Diragukan                                          359                  927                            Doubtful
             Macet                                           15,095                9,175                                Loss
                                                             15,942             11,080

              Ijarah multijasa                                                                          Multi-services ijarah
              Lancar                                     168,722              202,589                                Current
              Dalam perhatian khusus                       1,991                2,397                      Special mention
              Kurang lancar                                  209                  590                          Substandard
              Diragukan                                      573                  974                               Doubtful
              Macet                                          924                  770                                    Loss

                                                         172,419              207,320

                                                         188,361              218,400
         Cadangan kerugian penurunan nilai               (18,460)             (13,233)            Allowance for impairment losses

         Bersih                                          169,901              205,167                                           Net
                                                      140,195,537          132,360,158




                                                       Halaman - 58 - Page
Page 597
                                                        PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                                             NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                        (Expressed in millions of Rupiah, unless otherwise stated)

9.   PIUTANG (lanjutan)                                                                          9.     RECEIVABLES (continued)

     b.   Berdasarkan mata uang, sektor ekonomi,                                                        b. By    currency,                economic         sector             and
          dan kolektibilitas                                                                               collectibility
                                                                                31 Desember/December 2024
                                                               Perhatian
                                              Lancar/        khusus/Special    Kurang lancar/         Diragukan/       Macet/        Jumlah/
                                              Current           mention         Substandard            Doubtful        Loss           Total
          Rupiah                                                                                                                                                               Rupiah
          Industri                              2,027,607            39,430            21,455               13,489        568,938      2,670,919                         Manufacturing
          Jasa usaha                            6,048,680            82,420            62,892               23,524         61,124      6,278,640                    Business services
          Konstruksi                              253,772            31,504             3,749                1,676         11,955        302,656                          Construction
          Konsumer                            103,296,742         1,622,280           564,069              374,330        910,087    106,767,508                            Consumer
          Listrik, gas dan air                     33,256               778               140                   60         12,715         46,949            Electricity, gas and water
          Pengangkutan                            810,491            21,702             6,963                1,476         16,354        856,986                        Transportation
          Perdagangan                          14,693,042           289,257           186,436               94,645        163,665     15,427,045                               Trading
          Pertambangan                            280,825                63               356                    -          1,379        282,623                                Mining
          Pertanian                            10,965,834            69,923            39,598               37,058        144,647     11,257,060                            Agriculture
          Sosial/59asyarakat                      120,810             1,171               515                  596            150        123,242                          Social/public
          Lainnya                                 446,338                 -                 -                    -            940        447,278                                Others
          Jumlah piutang                      138,977,397         2,158,528           886,173              546,854      1,891,954    144,460,906                    Total receivables
          Cadangan kerugian penurunan nilai    (1,721,993)         (290,167)         (299,464 )           (220,601)    (1,733,144)    (4,265,369)    Allowance for impairment losses
          Bersih                              137,255,404         1,868,361           586,709              326,253       158,810     140,195,537                                   Net

                                                                                31 Desember/December 2023
                                                               Perhatian
                                              Lancar/        khusus/Special    Kurang lancar/         Diragukan/       Macet/        Jumlah/
                                              Current           mention         Substandard            Doubtful        Loss           Total
          Rupiah                                                                                                                                                               Rupiah
          Industri                              1,979,239            39,391            26,552               14,954        566,449      2,626,585                         Manufacturing
          Jasa usaha                            5,411,312            86,857            46,951               33,821         42,574      5,621,515                    Business services
          Konstruksi                              255,647            43,352             5,848                7,037          7,414        319,298                          Construction
          Konsumer                            100,850,518         1,538,848           553,139              436,045        576,003    103,954,553                            Consumer
          Listrik, gas dan air                     50,864               792             1,129                  269          3,214         56,268            Electricity, gas and water
          Pengangkutan                            747,248            20,523             4,763                5,553          5,274        783,361                        Transportation
          Perdagangan                          12,264,130           277,925           170,810              137,814        120,332     12,971,011                               Trading
          Pertambangan                            184,123             3,379               326                  340            777        188,945                                Mining
          Pertanian                             9,022,610           159,384            36,732               45,412        102,164      9,366,302                            Agriculture
          Sosial/59asyarakat                       93,644               402               253                  124            193         94,616                          Social/public
          Lainnya                                 655,838                42                 -                    -            940        656,820                                Others
                                              131,515,173         2,170,895           846,503              681,369      1,425,334    136,639,274
          Mata uang asing                                                                                                                                          Foreign currency
          Pengangkutan                             82,252                 -                  -                     -            -         82,252                      Transportation
                                                   82,252                 -                  -                     -            -         82,252
          Jumlah piutang                      131,597,425         2,170,895           846,503              681,369      1,425,334    136,721,526                    Total receivables
          Cadangan kerugian penurunan nilai    (2,008,862)         (326,784)         (342,221 )           (349,871)    (1,333,630)    (4,361,368)    Allowance for impairment losses
          Bersih                              129,588,563         1,844,111           504,282              331,498         91,704    132,360,158                                   Net


     c.   Berdasarkan jangka waktu                                                                      c. By period

                                                                     2024                               2023
          Rupiah                                                                                                                                                     Rupiah
          ≤ 1 tahun                                                     508,513                           219,096                                                   ≤ 1 year
          > 1 - ≤ 2 tahun                                             2,030,673                         1,137,206                                            > 1 - ≤ 2 years
          > 2 - ≤ 5 tahun                                            25,958,450                        20,590,042                                            > 2 - ≤ 5 years
          > 5 tahun                                                 115,963,270                       114,692,930                                                  > 5 years
                                                                    144,460,906                       136,639,274

          Mata uang asing                                                                                                                           Foreign currencies
          ≤ 1 tahun                                                                   -                            -                                            ≤ 1 year
          > 1 - ≤ 2 tahun                                                             -                            -                                     > 1 - ≤ 2 years
          > 2 - ≤ 5 tahun                                                             -                       82,252                                     > 2 - ≤ 5 years
          > 5 tahun                                                                   -                            -                                           > 5 years
                                                                                      -                       82,252
          Jumlah                                                    144,460,906                       136,721,526                                                   Total
          Cadangan kerugian penurunan nilai                          (4,265,369)                       (4,361,368)                       Allowance for impairment losses

          Bersih                                                    140,195,537                       132,360,158                                                               Net

     d.   Berdasarkan sisa umur jatuh tempo                                                             d. By remaining period to maturity

                                                                     2024                               2023
          Rupiah                                                                                                                                                   Rupiah
          ≤ 1 bulan                                                      201,507                           187,326                                              ≤ 1 month
          > 1 - ≤ 3 bulan                                                240,192                           215,094                                       > 1 - ≤ 3 months
          > 3 - ≤ 12 bulan                                             3,867,415                         2,726,139                                      > 3 - ≤ 12 months
          > 1 - ≤ 5 tahun                                             53,068,256                        43,042,542                                         > 1 - ≤ 5 years
          > 5 tahun                                                   87,083,536                        90,468,173                                               > 5 years
                                                                    144,460,906                       136,639,274




                                                                       Halaman - 59 - Page
Page 598
                                                PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                            31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                     (Expressed in millions of Rupiah, unless otherwise stated)

9.   PIUTANG (lanjutan)                                                      9.    RECEIVABLES (continued)

     d.   Berdasarkan         sisa   umur      jatuh      tempo                    d. By remaining period to maturity (continued)
          (lanjutan)

                                                          2024                     2023
          Mata uang asing                                                                                                   Foreign currencies
          ≤ 1 bulan                                                    -                      -                                       ≤ 1 month
          > 1 - ≤ 3 bulan                                              -                      -                                > 1 - ≤ 3 months
          > 3 - ≤ 12 bulan                                             -                      -                               > 3 - ≤ 12 months
          > 1 - ≤ 5 tahun                                              -                 82,252                                  > 1 - ≤ 5 years
          > 5 tahun                                                    -                      -                                        > 5 years
                                                                       -                 82,252
          Jumlah                                          144,460,906             136,721,526                                               Total
          Cadangan kerugian penurunan nilai                (4,265,369)             (4,361,368)                   Allowance for impairment losses
          Bersih                                          140,195,537             132,360,158                                                  Net

      e. Berdasarkan hubungan                                                      e. By relationship

                                                          2024                     2023
          Pihak ketiga                                                                                                             Third parties
            Rupiah                                        144,394,023             136,526,403                                          Rupiah
            Mata uang asing                                         -                  82,252                               Foreign currencies
                                                          144,394,023             136,608,655
          Pihak berelasi (Catatan 44)                                                                                 Related parties (Note 44)
            Rupiah                                               66,883                 112,871                                       Rupiah
          Jumlah                                          144,460,906             136,721,526                                               Total
          Cadangan kerugian penurunan nilai                (4,265,369)             (4,361,368)                   Allowance for impairment losses
          Bersih                                          140,195,537             132,360,158                                                  Net

     f.   Berdasarkan kolektibilitas                                               f.   By collectibility

                                        31 Desember/December 2024              31 Desember/December 2023
                                                         Cadangan                              Cadangan
                                                          kerugian                              kerugian
                                                        penurunan                             penurunan
                                                      nilai/Allowance                       nilai/Allowance
                                          Pokok/      for impairment             Pokok/     for impairment
                                         Principal         losses               Principal        losses

          Lancar                            138,977,397          1,721,993        131,597,425        2,008,862                              Current
          Dalam perhatian khusus              2,158,528            290,167          2,170,895          326,784                      Special mention
          Kurang lancar                         886,173            299,464            846,503          342,221                        Substandard
          Diragukan                             546,854            220,601            681,369          349,871                              Doubtful
          Macet                               1,891,954          1,733,144          1,425,334        1,333,630                                Loss

                                            144,460,906          4,265,369        136,721,526        4,361,368


     g.   Informasi penting lainnya                                                 g. Other significant information

          1)   Pinjaman karyawan yang diikat dengan                                      1)     Employee loans that used murabahah
               akad murabahah adalah pinjaman yang                                              contract are loans to employees used for
               diberikan   kepada     karyawan   untuk                                          acquisition of houses, vehicles and other
               pembelian    rumah,     kendaraan  dan                                           necessities with 1 (one) until 30 (thirty)
               keperluan lainnya dengan jangka waktu                                            years period and paid through monthly
               antara 1 (satu) sampai dengan 30 (tiga                                           salary deductions.
               puluh) tahun dan dibayar kembali melalui
               pemotongan gaji setiap bulan.




                                                           Halaman - 60 - Page
Page 599
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

9.   PIUTANG (lanjutan)                                           9.   RECEIVABLES (continued)

     g.   Informasi penting lainnya (lanjutan)                         g. Other significant information (continued)

          2)   Efektif yield margin piutang murabahah                      2)   Effective   margin    yield   murabahah
               untuk Rupiah berkisar antara 9,37%                               receivables for Rupiah ranges from 9.37%
               sampai dengan 9,96% per tahun untuk                              to 9.96% per annum for the year ended
               tahun yang berakhir 31 Desember 2024                             31 December 2024 and 9.74% to 10.37%
               dan 9,74% sampai dengan 10,37% per                               per annum for the year ended
               tahun untuk tahun yang berakhir 31                               31 December 2023 and for foreign
               Desember 2023 dan untuk mata uang                                currencies ranges from 1.05% to 2.76%
               asing berkisar antara 1,05% sampai                               per annum for the year ended
               dengan 2,76% per tahun untuk tahun yang                          31 December 2024 and 1.04% to 1.11%
               berakhir 31 Desember 2024 dan 1,04%                              per annum for the year ended
               sampai dengan 1,11% per tahun untuk                              31 December 2023.
               tahun yang berakhir 31 Desember 2023.

          3)   Perubahan cadangan kerugian penurunan                       3)   The movements of allowance for
               nilai piutang adalah sebagai berikut:                            impairment losses on receivables are as
                                                                                follows:

                                                   2024                2023

               Saldo awal                            4,361,368          4,184,787                           Beginning balance
               Pembentukan selama
                 tahun berjalan (Catatan 39)           967,838          1,536,234           Provision during the year (Note 39)
               Penerimaan kembali hapus buku           646,160            451,408                       Recoveries of write-off
               Penghapusbukuan selama
                 tahun berjalan                     (1,710,204)        (1,809,187)                    Write-off during the year
               Selisih kurs                                207             (1,874)                   Exchange rate difference

               Saldo akhir                           4,265,369          4,361,368                              Ending balance

               Manajemen berpendapat bahwa jumlah                               Management believes that the allowance
               cadangan kerugian penurunan nilai                                for impairment losses on murabahah
               piutang murabahah yang dibentuk telah                            receivables is adequate to cover potential
               memadai untuk menutup kemungkinan                                losses from uncollectible receivables.
               kerugian akibat tidak tertagihnya piutang.

               Piutang dijamin agunan yang diikat                               Receivables    are   collateralised   by
               dengan hak tanggungan atau surat kuasa                           registered mortgages or powers of
               memasang hak tanggungan atau surat                               attorneys   to   mortgage     and   sell,
               kuasa     untuk   menjual,    deposito                           mudharabah time deposits (Note 26) or by
               mudharabah (Catatan 26) atau jaminan                             other guarantees generally accepted by
               lain yang umumnya dapat diterima oleh                            the Bank.
               Bank.

          4) Jumlah piutang yang direstrukturisasi                         4)   Total restructured receivables for the year
             untuk     tahun      yang      berakhir                            ended 31 December 2024 and 2023 are
             31    Desember    2024     dan    2023                             disclosed in Note 54h.
             diungkapkan dalam Catatan 54h.

          5) Rasio Non-Performing Financing (“NPF”)                        5)   The gross and net ratio of total Non-
             bruto dan neto atas jumlah piutang                                 Performing     Financing     (“NPF”)   of
             diungkapkan dalam Catatan 54i.                                     receivables are disclosed in Note 54i.




                                                    Halaman - 61 - Page
Page 600
                                             PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

10. PINJAMAN QARDH                                                10. FUNDS OF QARDH

    a.   Berdasarkan mata uang dan jenis                              a. By currency and type

                                                   2024               2023
         Rupiah                                                                                                     Rupiah
           Rahn                                      8,081,126          5,576,102                                   Rahn
           Qardh                                     2,624,707          3,087,794                                  Qardh
           Kartu Hasanah                               801,593            684,463                            Hasanah Card

                                                    11,507,426          9,348,359

         Mata uang asing                                                                                 Foreign currencies
           Qardh                                     2,266,358          1,958,722                                  Qardh
         Jumlah                                     13,773,784        11,307,081                                         Total
         Cadangan kerugian penurunan nilai            (787,694)         (817,917)             Allowance for impairment losses

         Bersih                                     12,986,090        10,489,164                                          Net

    b.   Berdasarkan mata uang dan sektor ekonomi                     b. By currency and economic sector

                                                   2024               2023
         Rupiah                                                                                                         Rupiah
           Industri                                    442,609            276,669                               Manufacturing
           Jasa usaha                                  485,681            321,043                          Business services
           Konstruksi                                1,053,849          1,792,006                                Construction
           Konsumer                                  8,991,765          6,424,136                                  Consumer
           Pengangkutan                                  9,474             10,853                              Transportation
           Perdagangan                                 104,477            302,501                                     Trading
           Pertanian                                   195,132            176,674                                  Agriculture
           Listrik, gas dan air                        195,244                  -                  Electricity, gas and water
           Lainnya                                      29,195             44,477                                      Others
                                                    11,507,426          9,348,359
         Mata uang asing                                                                                   Foreign currencies
           Industri                                  2,003,044          1,921,819                               Manufacturing
           Pengangkutan                                 59,004             32,580                              Transportation
           Listrik, gas dan air                        200,885                  -                  Electricity, gas and water
           Perdagangan                                   3,425              4,323                                     Trading
                                                     2,266,358          1,958,722
         Jumlah                                     13,773,784        11,307,081                                         Total
         Cadangan kerugian penurunan nilai            (787,694)         (817,917)             Allowance for impairment losses
         Bersih                                     12,986,090        10,489,164                                          Net

    b.   Berdasarkan jangka waktu                                     c. By period

                                                   2024               2023
         Rupiah                                                                                                        Rupiah
         ≤ 1 tahun                                   7,880,661          6,856,585                                     ≤ 1 year
         > 1 - ≤ 2 tahun                               600,354            489,505                              > 1 - ≤ 2 years
         > 2 - ≤ 5 tahun                               256,793             61,205                              > 2 - ≤ 5 years
         > 5 tahun                                   2,769,618          1,941,064                                    > 5 years
                                                    11,507,426          9,348,359
         Mata uang asing                                                                                 Foreign currencies
         ≤ 1 tahun                                   2,099,432          1,951,208                                    ≤ 1 year
         > 1 - ≤ 2 tahun                               166,926              7,514                             > 1 - ≤ 2 years
         > 2 - ≤ 5 tahun                                     -                  -                             > 2 - ≤ 5 years
         > 5 tahun                                           -                  -                                   > 5 years
                                                     2,266,358          1,958,722
         Jumlah                                     13,773,784        11,307,081                                         Total
         Cadangan kerugian penurunan nilai            (787,694)         (817,917)             Allowance for impairment losses
         Bersih                                     12,986,090        10,489,164                                          Net




                                                    Halaman - 62 - Page
Page 601
                                               PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                   31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)            (Expressed in millions of Rupiah, unless otherwise stated)

10. PINJAMAN QARDH (lanjutan)                                       10. FUNDS OF QARDH (continued)

    d.   Berdasarkan sisa umur jatuh tempo                              d. By remaining period to maturity

                                                    2024                2023
         Rupiah                                                                                                           Rupiah
         ≤ 1 bulan                                    1,444,041           1,741,674                                    ≤ 1 month
         > 1 - ≤ 3 bulan                              4,315,569           2,934,831                             > 1 - ≤ 3 months
         > 3 - ≤ 12 bulan                             2,351,567           2,789,229                            > 3 - ≤ 12 months
         > 1 - ≤ 5 tahun                              1,334,153             695,668                               > 1 - ≤ 5 years
         > 5 tahun                                    2,062,096           1,186,957                                     > 5 years
                                                     11,507,426           9,348,359
         Mata uang asing                                                                                     Foreign currencies
         ≤ 1 bulan                                      177,507            565,713                                     ≤ 1 month
         > 1 - ≤ 3 bulan                                793,541            498,081                              > 1 - ≤ 3 months
         > 3 - ≤ 12 bulan                             1,295,310            894,497                             > 3 - ≤ 12 months
         > 1 - ≤ 5 tahun                                      -                431                                > 1 - ≤ 5 years
         > 5 tahun                                            -                  -                                      > 5 years
                                                      2,266,358           1,958,722
         Jumlah                                      13,773,784         11,307,081                                         Total
         Cadangan kerugian penurunan nilai             (787,694)          (817,917)             Allowance for impairment losses
         Bersih                                      12,986,090         10,489,164                                            Net

    e.   Berdasarkan hubungan                                            e. By relationship

                                                    2024                2023
         Pihak ketiga                                                                                              Third parties
         Rupiah                                      10,596,644           7,509,363                                      Rupiah
         Mata uang asing                              2,266,358           1,958,722                             Foreign currency
                                                     12,863,002           9,468,085
         Pihak berelasi (Catatan 44)                                                                  Related parties (Note 44)
         Rupiah                                        910,782            1,838,996                                     Rupiah

         Jumlah                                      13,773,784         11,307,081                                         Total
         Cadangan kerugian penurunan nilai             (787,694)          (817,917)             Allowance for impairment losses
         Bersih                                      12,986,090         10,489,164                                            Net

    f.   Berdasarkan kolektibilitas                                      f. By collectibility

         Kolektibilitas pinjaman       qardh   diungkapkan                   The collectibility of funds of qardh is disclosed
         pada Catatan 54e.                                                   in Note 54e.

    g.   Informasi penting lainnya                                      g. Other significant information

         1)   Perubahan cadangan kerugian penurunan                         1)    The movements of allowance for
              nilai pinjaman qardh adalah sebagai                                 impairment losses on funds of qardh are
              berikut:                                                            as follows:

                                                    2024                2023

              Saldo awal                               817,917             834,596                            Beginning balance
              Pembentukan selama tahun
                berjalan (Catatan 39)                      27,969           80,586            Provision during the year (Note 39)
              Penerimaan kembali hapus buku                 5,212           21,920                       Recoveries of written-off
              Penghapusbukuan selama
                tahun berjalan                          (64,288)           (119,043)                    Write-off during the year
              Selisih kurs                                  884                (142)                   Exchange rate differences

              Saldo akhir                              787,694             817,917                               Ending balance

              Manajemen berpendapat bahwa jumlah                                   Management believes that the allowance
              cadangan kerugian penurunan nilai                                    for impairment losses on funds of qardh is
              pinjaman qardh yang dibentuk telah                                   adequate to cover potential losses from
              memadai untuk menutup kemungkinan                                    uncollectible funds of qardh.
              kerugian akibat tidak tertagihnya pinjaman
              qardh.

                                                     Halaman - 63 - Page
Page 602
                                             PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                   31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)            (Expressed in millions of Rupiah, unless otherwise stated)

10. PINJAMAN QARDH (lanjutan)                                        10. FUNDS OF QARDH (continued)

    g.   Informasi penting lainnya (lanjutan)                           g. Other significant information (continued)

         2)   Pinjaman qardh dijamin agunan yang                            2)    Funds of qardh are collateralised by
              diikat dengan gadai, hak tanggungan atau                            pawning, registered mortgages or powers
              surat kuasa memasang hak tanggungan                                 of attorneys to mortgage and sell, or by
              atau surat kuasa untuk menjual, atau                                other guarantees generally accepted by
              jaminan lain yang umumnya dapat                                     the Bank.
              diterima oleh Bank.

         3)   Jumlah        pinjaman      qardh     yang                    3)   Total restructured funds of qardh for the
              direstrukturisasi untuk tahun yang berakhir                        year ended 31 December 2024 and 2023
              31     Desember       2024     dan    2023                         are disclosed in Note 54h.
              diungkapkan dalam Catatan 54h.

         4)   Rasio Non-Performing Financing (“NPF”)                        4)   The gross and net ratio of total Non-
              bruto dan neto atas jumlah pinjaman                                Performing Financing (“NPF”) of funds of
              qardh diungkapkan dalam Catatan 54i.                               qardh are disclosed in Note 54i.


11. PEMBIAYAAN MUDHARABAH                                           11. MUDHARABAH FINANCING

    a.   Berdasarkan mata uang dan jenis                                 a. By currency and type

                                                   2024                 2023

         Rupiah                                                                                                        Rupiah
           Modal kerja                               2,869,127            1,870,347                           Working capital
           Investasi                                    45,809               10,786                              Investment
                                                     2,914,936            1,881,133

         Mata uang asing                                                                                   Foreign currencies
           Modal kerja                                     22,143                 -                           Working capital
         Jumlah                                      2,937,079            1,881,133                                        Total
         Cadangan kerugian penurunan nilai             (93,488)             (49,481)            Allowance for impairment losses

         Bersih                                      2,843,591            1,831,652                                         Net

    b.   Berdasarkan       mata    uang      dan   sektor               c. By currency and economic sector
         ekonomi

                                                   2024                 2023

         Rupiah                                                                                                        Rupiah
           Industri                                      7,171                7,510                           Manufacturing
           Jasa usaha                                   54,116               29,023                        Business services
           Konstruksi                                   16,354                5,733                             Construction
           Perdagangan                                  21,123               23,717                                  Trading
           Pengangkutan                                 17,835               36,675                           Transportation
           Pertanian                                   100,000                1,853                              Agriculture
           Pertambangan                                      -                5,000                                   Mining
           Lainnya                                   2,698,337            1,771,622                                   Others

                                                     2,914,936            1,881,133
         Mata uang asing                                                                                   Foreign currencies
           Pengangkutan                                    22,143                 -                           Transportation

         Jumlah                                      2,937,079            1,881,133                                        Total
         Cadangan kerugian penurunan nilai             (93,488)             (49,481)            Allowance for impairment losses

         Bersih                                      2,843,591            1,831,652                                         Net




                                                    Halaman - 64 - Page
Page 603
                                             PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                   31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)            (Expressed in millions of Rupiah, unless otherwise stated)

11. PEMBIAYAAN MUDHARABAH (lanjutan)                                11. MUDHARABAH FINANCING (continued)

    c.   Berdasarkan jangka waktu                                        c. By period
                                                   2024                 2023
         Rupiah                                                                                                             Rupiah
         ≤ 1 tahun                                   2,038,740            1,000,980                                        ≤ 1 year
         > 1 - ≤ 2 tahun                                37,632               78,581                                 > 1 - ≤ 2 years
         > 2 - ≤ 5 tahun                               294,407              287,296                                 > 2 - ≤ 5 years
         > 5 tahun                                     544,157              514,276                                       > 5 years
                                                     2,914,936            1,881,133
         Mata uang asing                                                                                      Foreign currencies
         ≤ 1 tahun                                         22,143                   -                                    ≤ 1 year
         Jumlah                                      2,937,079            1,881,133                                           Total
         Cadangan kerugian penurunan nilai             (93,488)             (49,481)               Allowance for impairment losses
         Bersih                                      2,843,591            1,831,652                                            Net

    d.   Berdasarkan sisa umur jatuh tempo                               d. By remaining period to maturity

                                                   2024                 2023
         Rupiah                                                                                                             Rupiah
         ≤ 1 bulan                                      20,506               17,726                                      ≤ 1 month
         > 1 - ≤ 3 bulan                                 8,190                3,515                               > 1 - ≤ 3 months
         > 3 - ≤ 12 bulan                            2,088,080            1,120,244                              > 3 - ≤ 12 months
         > 1 - ≤ 5 tahun                               630,325              500,389                                 > 1 - ≤ 5 years
         > 5 tahun                                     167,835              239,259                                       > 5 years
                                                     2,914,936            1,881,133
         Mata uang asing                                                                                      Foreign currencies
         ≤ 1 bulan                                              -                   -                                   ≤ 1 month
         > 1 - ≤ 3 bulan                                        -                   -                            > 1 - ≤ 3 months
         > 3 - ≤ 12 bulan                                  22,143                   -                           > 3 - ≤ 12 months
         > 1 - ≤ 5 tahun                                        -                   -                              > 1 - ≤ 5 years
         > 5 tahun                                              -                   -                                    > 5 years
                                                           22,143                   -
         Jumlah                                      2,937,079            1,881,133                                           Total
         Cadangan kerugian penurunan nilai             (93,488)             (49,481)               Allowance for impairment losses
         Bersih                                      2,843,591            1,831,652                                            Net

    e.   Berdasarkan hubungan                                            e. By relationship

                                                   2024                 2023
         Pihak ketiga                                                                                                Third parties
           Rupiah                                      914,936                881,133                                    Rupiah
           Mata Uang Asing                              22,143                      -                         Foreign currencies
                                                       937,079                881,133
         Pihak berelasi (Catatan 44)                                                                    Related parties (Note 44)
           Rupiah                                    2,000,000            1,000,000                                     Rupiah
         Jumlah                                      2,937,079            1,881,133                                           Total
         Cadangan kerugian penurunan nilai             (93,488)             (49,481)               Allowance for impairment losses
         Bersih                                      2,843,591            1,831,652                                            Net

    f.   Berdasarkan kolektibilitas                                      f.    By collectibility

         Kolektibilitas pembiayaan           mudharabah                        The collectibility of mudharabah financing        is
         diungkapkan pada Catatan 54f.                                         disclosed in Note 54f.
    g.   Informasi penting lainnya                                       g. Other significant information

         1)   Efektif yield bagi hasil pembiayaan                             1)    Effective profit sharing yield mudharabah
              mudharabah untuk Rupiah berkisar antara                               financing for Rupiah ranges from 3.94% to
              3,94% sampai dengan 14,06% per tahun                                  14.06% per annum for the the year ended
              untuk tahun yang berakhir 31 Desember                                 31 December 2024 and ranges from
              2024 dan berkisar antara 4,01% sampai                                 4.01% to 9.98% per annum for the the
              dengan 9,98% per tahun untuk tahun                                    year ended 31 December 2023.
              yang berakhir 31 Desember 2023.

                                                    Halaman - 65 - Page
Page 604
                                             PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                    31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)             (Expressed in millions of Rupiah, unless otherwise stated)

11. PEMBIAYAAN MUDHARABAH (lanjutan)                                 11. MUDHARABAH FINANCING (continued)

    g.   Informasi penting lainnya (lanjutan)                             g. Other significant information (continued)

         2)   Perubahan cadangan kerugian penurunan                          2)    The movements of allowance for
              nilai pembiayaan mudharabah adalah                                   impairment losses on mudharabah
              sebagai berikut:                                                     financing are as follows:

                                                   2024                  2023
              Saldo awal                                   49,481            39,440                           Beginning balance
              Pembentukan selama
                tahun berjalan (Catatan 39)                44,110            11,962           Provision during the year (Note 39)
              Penerimaan kembali hapus buku                    31                 -                      Recoveries of written-off
              Penghapusbukuan selama
                tahun berjalan                               (134)            (1,921)                    Write-off during the year
              Saldo akhir                                  93,488            49,481                              Ending balance

              Manajemen       berpendapat     bahwa                                Management believes that the allowance
              cadangan kerugian penurunan nilai                                    for impairment losses on mudharabah
              pembiayaan mudharabah yang dibentuk                                  financing is adequate to cover potential
              telah     memadai     untuk   menutup                                losses from uncollectible mudharabah
              kemungkinan kerugian akibat tidak                                    financing.
              tertagihnya pembiayaan mudharabah.

         3)   Pembiayaan mudharabah dijamin agunan                           3)    Mudharabah financing is collateralised by
              yang diikat dengan hak tanggungan atau                               registered mortgage or powers of
              surat kuasa memasang hak tanggungan                                  attorneys to mortgage or sell, mudharabah
              atau surat kuasa untuk menjual, deposito                             time deposits (Note 26) or by other
              mudharabah (Catatan 26) atau jaminan                                 guarantees generally accepted by the
              lain yang umumnya diterima oleh Bank.                                Bank.

         4)   Jumlah pembiayaan mudharabah yang                              4)    Total restructured mudharabah financing
              direstrukturisasi untuk tahun yang berakhir                          for the year ended 31 December 2024 and
              31     Desember       2024     dan    2023                           2023 are disclosed in Note 54h.
              diungkapkan dalam Catatan 54h.

         5) Rasio Non-Performing Financing (“NPF”)                            5)   The gross and net ratio of total Non-
            bruto dan neto atas jumlah pembiayaan                                  Performing  Financing    (“NPF”)   of
            mudharabah diungkapkan dalam Catatan                                   mudharabah financing are disclosed in
            54i.                                                                   Note 54i.


12. PEMBIAYAAN MUSYARAKAH                                            12. MUSYARAKAH FINANCING
    a.   Berdasarkan mata uang dan jenis                                  a. By currency and type
                                                   2024                  2023
         Rupiah                                                                                                         Rupiah
           Investasi                                46,224,075           35,500,247                               Investment
           Modal kerja                              28,511,351           30,524,281                            Working capital
           Konsumsi                                 36,105,093           20,016,965                             Consumption

                                                   110,840,519           86,041,493

         Mata uang asing                                                                                     Foreign currencies
           Investasi                                 3,071,894             1,931,367                               Investment
           Modal kerja                                 274,805               243,337                           Working capital

                                                     3,346,699             2,174,704

         Jumlah                                    114,187,218           88,216,197                                         Total
         Cadangan kerugian penurunan nilai          (5,145,131)          (4,459,696)             Allowance for impairment losses

         Bersih                                    109,042,087           83,756,501                                           Net




                                                    Halaman - 66 - Page
Page 605
                                             PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

12. PEMBIAYAAN MUSYARAKAH (lanjutan)                              12. MUSYARAKAH FINANCING (continued)

    b.   Berdasarkan        mata   uang      dan   sektor              b. By currency and economic sector
         ekonomi

                                                   2024               2023
         Rupiah                                                                                                         Rupiah
           Industri                                  7,215,612         6,951,404                                  Manufacturing
           Jasa usaha                               16,364,550        12,162,024                             Business services
           Konstruksi                               16,470,495        16,628,029                                   Construction
           Konsumer                                 36,105,092        20,016,965                                     Consumer
           Listrik, gas dan air                      5,701,749         3,910,607                     Electricity, gas and water
           Pengangkutan                              6,553,830         7,278,632                                 Transportation
           Perdagangan                               7,343,272         6,867,078                                        Trading
           Pertambangan                                454,897           263,652                                         Mining
           Pertanian                                11,811,928         8,295,972                                     Agriculture
           Sosial/masyarakat                           187,051           270,353                                   Social/public
           Lainnya                                   2,632,043         3,396,777                                         Others

                                                   110,840,519        86,041,493
         Mata uang asing                                                                                  Foreign currencies
           Industri                                    422,286             16,719                                 Manufacturing
           Jasa usaha                                        -            122,321                            Business services
           Pertanian                                   897,542                  -                                    Agriculture
           Listrik, gas dan air                        611,612            801,092                    Electricity, gas and water
           Pengangkutan                                138,803            156,043                                Transportation
           Pertambangan                              1,276,456          1,078,529                                        Mining

                                                     3,346,699          2,174,704
         Jumlah                                    114,187,218        88,216,197                                         Total
         Cadangan kerugian penurunan nilai          (5,145,131)       (4,459,696)             Allowance for impairment losses
         Bersih                                    109,042,087        83,756,501                                            Net

    c.   Berdasarkan jangka waktu                                      c. By period

                                                   2024               2023
         Rupiah                                                                                                         Rupiah
         ≤ 1 tahun                                   7,881,104         9,168,106                                       ≤ 1 year
         > 1 - ≤ 2 tahun                             4,848,282         5,114,278                                > 1 - ≤ 2 years
         > 2 - ≤ 5 tahun                             9,738,081        10,001,175                                > 2 - ≤ 5 years
         > 5 tahun                                  88,373,052        61,757,934                                      > 5 years
                                                   110,840,519        86,041,493
         Mata uang asing                                                                                  Foreign currencies
         ≤ 1 tahun                                     222,676             19,246                                     ≤ 1 year
         > 1 - ≤ 2 tahun                                     -            110,773                              > 1 - ≤ 2 years
         > 2 - ≤ 5 tahun                               179,548            369,930                              > 2 - ≤ 5 years
         > 5 tahun                                   2,944,475          1,674,755                                    > 5 years
                                                     3,346,699          2,174,704
         Jumlah                                    114,187,218        88,216,197                                         Total
         Cadangan kerugian penurunan nilai          (5,145,131)       (4,459,696)             Allowance for impairment losses
         Bersih                                    109,042,087        83,756,501                                            Net

    d.   Berdasarkan sisa umur jatuh tempo                             d. By remaining period to maturity

                                                   2024               2023
         Rupiah                                                                                                         Rupiah
         ≤ 1 bulan                                   1,984,503         2,780,961                                     ≤ 1 month
         > 1 - ≤ 3 bulan                             3,200,199         4,182,168                              > 1 - ≤ 3 months
         > 3 - ≤ 12 bulan                            7,680,873        10,834,266                             > 3 - ≤ 12 months
         > 1 - ≤ 5 tahun                            22,934,376        18,601,545                                > 1 - ≤ 5 years
         > 5 tahun                                  75,040,568        49,642,553                                      > 5 years
                                                   110,840,519        86,041,493




                                                    Halaman - 67 - Page
Page 606
                                              PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                   31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)            (Expressed in millions of Rupiah, unless otherwise stated)

12. PEMBIAYAAN MUSYARAKAH (lanjutan)                                12. MUSYARAKAH FINANCING (continued)

    d.   Berdasarkan        sisa   umur      jatuh   tempo               d. By remaining period to maturity (continued)
         (lanjutan)

                                                     2024               2023
         Mata uang asing                                                                                     Foreign currencies
         > 1 - ≤ 3 bulan                                 222,676                  -                             > 1 - ≤ 3 months
         > 3 - ≤ 12 bulan                                      -            187,843                            > 3 - ≤ 12 months
         > 1 - ≤ 5 tahun                               1,315,118          1,520,665                               > 1 - ≤ 5 years
         > 5 tahun                                     1,808,905            466,196                                     > 5 years
                                                       3,346,699          2,174,704
         Jumlah                                      114,187,218        88,216,197                                           Total
         Cadangan kerugian penurunan nilai            (5,145,131)       (4,459,696)               Allowance for impairment losses
         Bersih                                      109,042,087        83,756,501                                            Net

    e.   Berdasarkan hubungan                                            e. By relationship

                                                     2024               2023
         Pihak ketiga                                                                                               Third parties
           Rupiah                                     84,697,969        61,278,023                                      Rupiah
           Mata uang asing                             3,346,699         2,174,704                           Foreign currencies
                                                      88,044,668        63,452,727
         Pihak berelasi (Catatan 44)                                                                   Related parties (Note 44)
           Rupiah                                     26,142,550        24,763,470                                     Rupiah
         Jumlah                                      114,187,218        88,216,197                                           Total
         Cadangan kerugian penurunan nilai            (5,145,131)       (4,459,696)               Allowance for impairment losses
         Bersih                                      109,042,087        83,756,501                                            Net

    f.   Berdasarkan kolektibilitas                                      f.   By collectibility

         Kolektibilitas pembiayaan             musyarakah                     The collectibility of musyarakah financing        is
         diungkapkan pada Catatan 54g.                                        disclosed in Note 54g.

    g.   Informasi penting lainnya                                       g. Other significant information

         1)   Pinjaman karyawan yang diikat dengan                            1)   Employee loans that used musyarakah
              akad musyarakah adalah pinjaman yang                                 contract are loans to employees used for
              diberikan   kepada     karyawan   untuk                              acquisition of houses, vehicles and other
              pembelian    rumah,    kendaraan,   dan                              necessities with 1 (one) until 30 (thirty)
              keperluan lainnya dengan jangka waktu                                years period and paid through monthly
              antara 1 (satu) sampai dengan 30 (tiga                               salary deductions.
              puluh) tahun dan dibayar kembali melalui
              pemotongan gaji setiap bulan.

         2)   Efektif yield bagi hasil pembiayaan                             2)   Effective   profit  sharing   yield   of
              musyarakah untuk Rupiah berkisar antara                              musyarakah financing for Rupiah ranges
              7,74% sampai dengan 8,20% per tahun                                  from 7.74% to 8.20% per annum for the
              untuk tahun yang berakhir 31 Desember                                year ended 31 December 2024 and
              2024 dan berkisar antara 7,11% sampai                                ranges from 7.11% to 7.94% per annum
              dengan 7,94% per tahun untuk tahun yang                              for the year ended 31 December 2023
              berakhir 31 Desember 2023 dan untuk                                  and for foreign currencies ranging from
              mata uang asing berkisar antara 3,65%                                3.65% to 13.63% per annum for the year
              sampai dengan 13,63% per tahun untuk                                 ended 31 December 2024 and ranges
              tahun yang berakhir 31 Desember 2024                                 from 2.12% to 14.17% per annum for the
              dan berkisar antara 2,12% sampai dengan                              year ended 31 December 2023.
              14,17% per tahun untuk tahun yang
              berakhir 31 Desember 2023.




                                                      Halaman - 68 - Page
Page 607
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

12. PEMBIAYAAN MUSYARAKAH (lanjutan)                              12. MUSYARAKAH FINANCING (continued)

    g.   Informasi penting lainnya (lanjutan)                          g. Other significant information (continued)

         3)   Perubahan cadangan kerugian penurunan                        3)   The movements of allowance for
              nilai pembiayaan musyarakah adalah                                impairment losses on musyarakah
              sebagai berikut:                                                  financing are as follows:

                                                   2024               2023
              Saldo awal                             4,459,696          4,139,565                          Beginning balance
              Pembentukan selama tahun
                berjalan (Catatan 39)                1,069,868           892,055           Provision during the year (Note 39)
              Penerimaan kembali hapus buku            155,439           138,453                      Recoveries of written-off
              Penghapusbukuan selama
                tahun berjalan                        (552,026)          (705,793)                    Write-off during the year
              Selisih kurs                              12,154             (4,584)                   Exchange rate difference
              Saldo akhir                            5,145,131          4,459,696                             Ending balance

              Manajemen berpendapat bahwa jumlah                                Management believes that the allowance
              cadangan kerugian penurunan nilai                                 for impairment losses on musyarakah
              pembiayaan musyarakah yang dibentuk                               financing is adequate to cover potential
              telah     memadai      untuk     menutup                          losses from uncollectible musyarakah
              kemungkinan     kerugian    akibat  tidak                         financing.
              tertagihnya pembiayaan musyarakah.

         4)   Pembiayaan musyarakah dijamin agunan                        4)    Musyarakah financing is collateralised by
              yang diikat dengan hak tanggungan atau                            registered mortgages or powers of
              surat kuasa memasang hak tanggungan                               attorneys to mortgage or sell, mudharabah
              atau surat kuasa untuk menjual, deposito                          time deposits (Note 26) or by other
              mudharabah (Catatan 26) atau jaminan                              collaterals generally acceptable by the
              lain yang umumnya dapat diterima oleh                             Bank.
              Bank.

         5)   Jumlah pembiayaan musyarakah yang                           5)    Total restructured musyarakah financing
              direstrukturisasi untuk tahun yang berakhir                       for the year ended 31 December 2024 and
              31     Desember       2024     dan    2023                        2023 are disclosed in Note 54h.
              diungkapkan dalam Catatan 54h.

         6) Rasio Non-Performing Financing (“NPF”)                         6)   The gross and net ratio of total Non-
            bruto dan neto atas jumlah pembiayaan                               Performing   Financing   (“NPF”)   of
            musyarakah diungkapkan dalam Catatan                                musyarakah financing are disclosed in
            54i.                                                                Note 54i.

         7)   Penjualan pembiayaan Griya untuk                            7)    The sales of Griya financing for the
              keperluan sekuritisasi Efek Beragun Aset                          purposes of securitisation of Sharia Asset
              Syariah - Surat Partisipasi (“EBAS - SP”).                        Backed Securities - Letter of Participation
                                                                                (“EBAS - SP").

              Pada tanggal 3 April 2023, Bank                                   On 3 April 2023, the Bank entered into a
              menandatangani Perjanjian Jual Beli                               Financing Sale and Purchase Agreement
              Tagihan Pembiayaan dengan PT Sarana                               with PT Sarana Multigriya Finansial
              Multigriya Finansial (Persero) (“PT SMF”).                        (Persero) (“PT SMF”). The Bank agreed to
              Bank sepakat untuk menjual pembiayaan                             sell its Griya financing under the
              Griya     dengan      akad      Musyarakah                        Musyarakah        Mutanaqisah     (“MMQ”)
              Mutanaqisah (“MMQ”) kepada PT SMF                                 contract to PT SMF, which consists of
              yang terdiri dari 1.604 debitur dengan nilai                      1,604 debtors with a principal value of
              pokok sebesar Rp325.000. Harga jual                               Rp325,000. The selling price received by
              yang diterima Bank adalah sebesar nilai                           the Bank equal to the carrying value of the
              tercatat pembiayaan. Seluruh pembiayaan                           financing. All financing sold has current
              yang dijual memiliki kolektibilitas lancar                        collectibility and the average margin rate
              dan rata-rata tingkat imbalan 11,61%                              is 11.61% with an average maturity of 10
              dengan rata-rata jangka waktu 10 tahun.                           years.




                                                    Halaman - 69 - Page
Page 608
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

12. PEMBIAYAAN MUSYARAKAH (lanjutan)                              12. MUSYARAKAH FINANCING (continued)

    g.   Informasi penting lainnya (lanjutan)                          g. Other significant information (continued)

         7)   Setelah     terjadinya   penjualan    dan                   7)    Subsequent to the sale and transfer of the
              pengalihan kumpulan tagihan tersebut,                             collection of receivables, credit risks on
              risiko kredit atas kumpulan tagihan telah                         the pool of financing were transferred from
              beralih dari Bank kepada PT SMF.                                  the Bank to PT SMF. This transaction has
              Transaksi ini telah mendapatkan opini                             received the opinion of the Sharia
              Dewan Pengawas Syariah PT Bank                                    Supervisory Board of PT Bank Syariah
              Syariah Indonesia Tbk sesuai dengan                               Indonesia Tbk in accordance with letter
              surat    No.     35/BSI/DPS/OPINI/IX/2022                         No. 35/BSI/DPS/OPINI/IX/2022 dated
              tanggal 16 September 2022.                                        16 September 2022.

              Bank akan bertindak sebagai penyedia                              The Bank will act as a service provider for
              jasa pengumpul pembayaran pokok dan                               collecting principal payments and profit
              bagi hasil dari para debitur untuk setiap                         sharing from debtors for each billing
              periode penagihan, mentransfer secara                             period, transferring periodically collection
              periodik hasil penagihan pokok dan bagi                           of principal and profit sharing to PT SMF
              hasil kepada PT SMF, dan mengurus                                 and taking care of the debtor's
              keperluan administrasi debitur. Bank                              administrative needs. The Bank is entitled
              berhak mendapatkan imbalan jasa                                   to a service fee of 5% from the collection
              sebesar 5% dari hasil penagihan atas                              of principal and profit sharing. The bank
              pokok dan bagi hasil. Bank mengakui                               recognise the servicing fee as fee based
              imbalan      jasa    penagihan   sebagai                          income when the service is renderred.
              pendapatan imbalan jasa perbankan pada
              saat jasa telah diberikan.

              Sebagai penyedia jasa, Bank memiliki                              As a service provider, the Bank has the
              opsi untuk membeli seluruh sisa                                   option to purchase the entire remaining
              pembiayaan MMQ yang belum dibayar                                 MMQ financing that have not been paid by
              nasabah    jika  saldo tersisa  atas                              customers if the outstanding balance for
              pembiayaan MMQ telah berkurang                                    MMQ financing has been reduced to 10%
              sampai menjadi 10% atau kurang, dari                              or less, of the total MMQ financing at the
              jumlah pembiayaan MMQ pada saat awal                              time of initial sale.
              penjualan.


13. ASET YANG DIPEROLEH UNTUK IJARAH -                            13. ASSETS ACQUIRED FOR IJARAH - NET
    BERSIH

    Sesuai PSAK 407, akun ini merupakan objek sewa                     Based on SFAS 407 this account represents lease
    dari transaksi Ijarah Muntahiyah Bittamlik (“IMBT”).               object transactions   from Ijarah Muntahiyah
                                                                       Bittamlik (“IMBT”).

                                                   2024               2023
    Mesin dan instalasi                              1,898,777          1,384,735                 Machinery and installations
    Properti                                         1,651,516          1,750,572                                   Property
    Alat transportasi                                1,182,978             30,531                           Transportations
    Lainnya                                              5,399              8,309                                    Others
    Jumlah                                           4,738,670          3,174,147                                       Total
    Akumulasi penyusutan, amortisasi,                                                             Accumulated depreciation,
      dan penurunan nilai                           (1,616,415)          (984,040)             amortisation, and impairment
    Bersih                                           3,122,255          2,190,107                                        Net

    Bank berhak menerima ujrah atas ijarah dan IMBT.                   The Bank is entitled to receive ujrah for ijarah and
    Ujrah atas IMBT berdasarkan sisa jangka waktu                      IMBT. Ujrah for IMBT by remaining period to
    hingga jatuh tempo adalah sebagai berikut:                         maturity are as follows:
                                                   2024               2023
    Rupiah                                                                                                            Rupiah
    ≤ 1 bulan                                               12                23                                   ≤ 1 month
    > 1 - ≤ 3 bulan                                         96               229                            > 1 - ≤ 3 months
    > 3 - ≤ 12 bulan                                    22,115             2,629                           > 3 - ≤ 12 months
    > 1 - ≤ 5 tahun                                    132,921           155,505                              > 1 - ≤ 5 years
    > 5 tahun                                          670,758           459,120                                    > 5 years
                                                       825,902           617,506


                                                    Halaman - 70 - Page
Page 609
                                                         PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                                              NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                                31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                         (Expressed in millions of Rupiah, unless otherwise stated)

14. ASET TETAP, ASET HAK GUNA DAN ASET                                                           14. FIXED ASSETS, RIGHT-OF-USE ASSETS AND
    TIDAK BERWUJUD - BERSIH                                                                          INTANGIBLE ASSETS - NET

    Aset tetap, aset hak guna dan aset tidak berwujud -                                               Fixed assets, right-of-use assets and intangible
    bersih terdiri dari:                                                                              assets - net consist of:

                                                                      2024                            2023

    Aset tetap - bersih                                                    7,066,275                    4,790,002                                               Fixed assets - net
    Aset hak guna - bersih                                                   657,578                      562,841                                        Right-of-use assets - net
    Aset tidak berwujud - bersih                                           2,102,344                    1,128,334                                          Intangible assets - net
                                                                           9,826,197                    6,481,177

    Aset tetap                                                                                        Fixed assets
                                                                                           2024
                                     Saldo awal/        Penambahan/           Pengurangan/     Penilaian kembali/          Reklasifikasi/         Saldo akhir/
                                  Beginning balance       Addition             Deduction         Revaluation              Reclassification       Ending balance

    Nilai revaluasi                                                                                                                                                        Revaluation amount
        Tanah                             2,444,841                 62                       -              116,525                  1,750              2,563,178                       Land

    Nilai perolehan                                                                                                                                                           Acquisition cost
        Bangunan                            642,280             27,298                (4,492)                         -             318,671               983,757                     Buildings
        Instalasi                           332,176             58,831                (5,443)                         -              59,945               445,509                   Installation
        Kendaraan bermotor                   60,245              1,011                  (347)                         -                   -                60,909                     Vehicles
        Inventaris kantor                 2,880,160            249,645               (53,694)                         -             732,589             3,808,700            Office equipment
        Renovasi atas aset sewa             500,126             27,095                  (395)                         -             249,802               776,628     Leasehold improvement
        Aset dalam penyelesaian             828,039          2,337,375                      -                         -          (1,362,757)            1,802,657     Construction in progress

                                          7,687,867          2,701,317               (64,371)               116,525                          -         10,441,338
    Akumulasi penyusutan                                                                                                                                             Accumulated depreciation
       Bangunan                            (175,418)          (37,467)                   804                          -                      -           (212,081)                   Buildings
       Instalasi                           (242,850)          (37,263)                 5,443                          -                      -           (274,670)                 Installation
       Kendaraan bermotor                   (53,240)           (3,104)                   347                          -                      -            (55,997)                   Vehicles
       Inventaris kantor                 (2,232,052)         (333,889)                53,530                          -                      -         (2,512,411)          Office equipment
       Renovasi atas aset sewa             (148,326)         (123,273)                   149                          -                      -           (271,450)    Leasehold improvement

                                         (2,851,886)         (534,996)                60,273                          -                      -         (3,326,609)
    Akumulasi penurunan nilai                                                                                                                                         Accumulated impairment
       Tanah                               (45,979)            (2,475)                       -                        -                      -            (48,454)                    Land

    Nilai buku                            4,790,002                                                                                                     7,066,275                   Book value

                                                                                             2023
                                     Saldo awal/        Penambahan/           Pengurangan/       Penilaian kembali/        Reklasifikasi/         Saldo akhir/
                                  Beginning balance       Addition             Deduction           Revaluation            Reclassification       Ending balance

    Nilai revaluasi                                                                                                                                                        Revaluation amount
        Tanah                             2,416,605                909                       -                        -             27,327              2,444,841                       Land

    Nilai perolehan                                                                                                                                                           Acquisition cost
        Bangunan                            857,407             4,096               (241,079 )                        -             21,856                642,280                     Buildings
        Instalasi                           291,951            22,110                 (1,108 )                        -             19,223                332,176                   Installation
        Kendaraan bermotor                   74,015               501                (14,271 )                        -                  -                 60,245                     Vehicles
        Inventaris kantor                 2,789,894            65,728                (55,275 )                        -             79,813              2,880,160            Office equipment
        Renovasi atas aset sewa             377,351            13,023                      -                          -            109,752                500,126     Leasehold improvement
        Aset dalam penyelesaian             535,011           550,999                      -                          -           (257,971 )              828,039     Construction in progress

                                          7,342,234           657,366               (311,733 )                        -                      -          7,687,867
    Akumulasi penyusutan                                                                                                                                             Accumulated depreciation
       Bangunan                            (144,289 )          (31,129)                    -                          -                      -           (175,418)                   Buildings
       Instalasi                           (220,315 )          (23,643)                1,108                          -                      -           (242,850)                 Installation
       Kendaraan bermotor                   (64,494)            (3,014)               14,268                          -                      -            (53,240)                   Vehicles
       Inventaris kantor                 (2,051,487)          (235,818 )              55,253                          -                      -         (2,232,052)          Office equipment
       Renovasi atas aset sewa              (59,949)           (88,377)                    -                          -                      -           (148,326)    Leasehold improvement

                                         (2,540,534)          (381,981 )              70,629                          -                      -         (2,851,886)

     Akumulasi penurunan nilai                                                                                                                                        Accumulated impairment
        Tanah                               (45,979)                  -                      -                        -                      -            (45,979)                    Land

    Nilai buku                            4,755,721                                                                                                     4,790,002                   Book value


    Aset     dalam penyelesaian pada tanggal                                                          Construction in progress as at 31 December 2024
    31 Desember 2024 dan 2023 adalah sebagai                                                          and 2023 are as follows:
    berikut:

                                                                      2024                            2023

    Bangunan                                                                 355,621                       564,067                                                           Buildings
    Inventaris kantor                                                      1,447,036                       263,972                                                   Office equipment
                                                                           1,802,657                       828,039




                                                                           Halaman - 71 - Page
Page 610
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)       (Expressed in millions of Rupiah, unless otherwise stated)

14. ASET TETAP, ASET HAK GUNA DAN ASET                          14. FIXED ASSETS, RIGHT-OF-USE ASSETS AND
    TIDAK BERWUJUD - BERSIH (lanjutan)                              INTANGIBLE ASSETS - NET (continued)

    Aset tetap (lanjutan)                                           Fixed assets (continued)

    Estimasi persentase tingkat penyelesaian aset                   The estimated percentage of completion of
    dalam penyelesaian pada tanggal 31 Desember                     construction in progress as at 31 December 2024
    2024 adalah berkisar antara 12,00% - 96,43% dan                 is between 12.00% - 96.43% and 31 December
    31 Desember 2023 adalah berkisar antara 5,00% -                 2023 is between 5.00% - 95.00%. Those
    95,00%. Aset dalam penyelesaian pada tanggal                    construction in progress as at 31 December 2024
    31 Desember 2024 tersebut diperkirakan akan                     are estimated to be completed in 2025 until 2026.
    selesai pada tahun 2025 sampai dengan 2026.

    Jumlah beban penyusutan aset tetap yang                         Total depreciation expenses of fixed assets
    dibebankan pada laporan laba rugi dan                           charged in the statements of profit or loss and
    penghasilan komprehensif lain adalah masing-                    other comprehensive income is amounting to
    masing sebesar Rp534.996 dan Rp381.981 untuk                    Rp534,996 and Rp381,981 for the year ended 31
    tahun yang berakhir pada 31 Desember 2024 dan                   December 2024 and 2023, respectively (Note 38).
    2023 (Catatan 38).

    Bank telah mengasuransikan aset tetap (tidak                    The Bank has insured the fixed assets (except land
    termasuk hak atas tanah) untuk menutup                          rights) to cover for losses against fire, theft and
    kemungkinan kerugian terhadap risiko kebakaran,                 other risks to PT Asuransi Tripakarta Sharia Unit
    kecurian, dan risiko lainnya kepada PT Asuransi                 and PT Zurich General Takaful Indonesia, all of
    Tripakarta Unit Syariah dan PT Zurich General                   which are third parties, PT Asuransi Staco Mandiri
    Takaful Indonesia, keseluruhannya adalah pihak                  Sharia Unit and PT BRI Asuransi Indonesia Sharia
    ketiga, PT Asuransi Staco Mandiri Unit Syariah dan              Unit, all of which are related parties, with total
    PT BRI Asuransi Indonesia Unit Syariah,                         insurance coverage amounting to Rp7,619,835
    keseluruhannya adalah pihak berelasi, dengan nilai              and Rp6,137,294 as at 31 December 2024 and
    pertanggungan        masing-masing        sebesar               2023, respectively.
    Rp7.619.835 dan Rp6.137.294 pada tanggal 31
    Desember 2024 dan 2023.

    Manajemen Bank berpendapat bahwa nilai                          The Bank’s management believes the amount is
    pertanggungan tersebut cukup untuk menutup                      adequate to cover losses which may arise from the
    kerugian yang mungkin timbul atas aset tetap yang               insured fixed assets.
    diasuransikan.

    Pada tanggal 31 Desember 2024 dan 2023, jumlah                  As at 31 December 2024 and 2023, the gross
    tercatat bruto dari setiap aset tetap yang telah                amount of fixed assets which have been fully
    disusutkan penuh dan masih digunakan masing-                    depreciated and are still in use amounted to
    masing sebesar Rp2.543.082 dan Rp2.343.147.                     Rp2,543,082 and Rp2,343,147 respectively.

    Selain tanah, tidak terdapat perbedaan material                 Other than land, there is no material difference
    antara nilai wajar aset dan nilai tercatatnya.                  between the fair value of the asset and its carrying
                                                                    value.

    Nilai tanah Bank berdasarkan model biaya pada                   The Bank's land value based on the cost model as
    tanggal 31 Desember 2024 dan 2023 adalah                        at 31 December 2024 and 2023 is Rp1,872,145
    masing-masing    sebesar    Rp1.872.145   dan                   and Rp1,870,333.
    Rp1.870.333.

    Manajemen berpendapat bahwa tidak terdapat                      Management believes that there are no indicators
    indikator penurunan nilai aset tetap pada tanggal               of impairment of fixed assets as at 31 December
    31 Desember 2024 dan 2023.                                      2024 and 2023.




                                                    Halaman - 72 - Page
Page 611
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)       (Expressed in millions of Rupiah, unless otherwise stated)

14. ASET TETAP, ASET HAK GUNA DAN ASET                          14. FIXED ASSETS, RIGHT-OF-USE ASSETS AND
    TIDAK BERWUJUD - BERSIH (lanjutan)                              INTANGIBLE ASSETS - NET (continued)

    Bangun, Guna dan Serah                                          Build, Operate and Transfer

    Pada tanggal 28 April 2023, Bank dan PT PP                      On 28 April 2023, the Bank and PT PP (Persero)
    (Persero) Tbk (“PT PP”) telah menandatangani                    Tbk (“PT PP”) entered into an agreement in
    perjanjian sehubungan dengan Bangun, Guna dan                   connection with the Build, Operate and Transfer
    Serah (“BOT”) atas tanah dan bangunan yang                      (“BOT”) of land and building located at Medan
    berlokasi di Jalan Medan Merdeka Selatan No. 17                 Merdeka Selatan Street No. 17 Jakarta. The Bank
    Jakarta. Bank memberikan hak eksklusif kepada                   granted exclusive rights to PT PP to utilize the
    PT PP untuk memanfaatkan lahan, melakukan                       land, to demolish the existing building and
    pembongkaran gedung eksisting dan melakukan                     construct a new building. The Bank commits to rent
    pembangunan gedung baru. Bank berkomitmen                       the building for 30 years and at the end of the lease
    untuk menyewa gedung baru selama 30 tahun dan                   period, PT PP will hand over the ownership rights
    pada akhir masa sewa, PT PP akan menyerahkan                    of the land and the building to the Bank.
    penguasaan lahan dan hak pengelolaan gedung
    kepada Bank.

    Berdasarkan perjanjian BOT, Bank berhak                         In accordance with the BOT agreement, the Bank
    menerima kompensasi atas penghancuran gedung                    is eligible to receive compensation for the
    lama dari PT PP sebesar Rp241.080 yang akan                     demolition of the old building from PT PP
    dibayarkan secara bertahap oleh PT PP selama 5                  amounting to Rp241,080 which will be paid in
    tahun. Kompensasi ini mengikat PT PP, tidak dapat               stages by PT PP over 5 years. This compensation
    dibatalkan dan tidak dapat dikembalikan dalam                   is binding to PT PP, non-cancellable and non-
    keadaan      apapun     termasuk     apabila    Bank            refundable under any circumstances including if the
    mengakhiri kontrak secara sepihak. Berdasarkan                  Bank terminates the contract unilaterally.
    syarat-syarat    dalam     perjanjian,   manajemen              Considering the terms in the agreement, the
    membuat       pertimbangan      signifikan    bahwa             management makes significant judgment that the
    kompensasi dianggap sebagai transaksi terpisah                  compensation is accounted for as a separate
    dengan perjanjian sewa gedung baru meskipun                     transaction to the rental agreement of the new
    kedua unsur tersebut berada dalam satu kontrak                  building even though the two elements are in the
    yang sama, antara pihak yang sama dan dalam                     same contract, between the same parties and at
    waktu     yang     bersamaan.      Bank    mengakui             the same time. The Bank recognised the
    kompensasi yang diterima sebagai pendapatan                     compensation      received   as    other   income
    lain-lain bersamaan dengan pengakuan kerugian                   corresponding with the recognition of loss from
    atas pembongkaran gedung lama sebesar                           demolition of old building amounting to Rp241,080
    Rp241.080      untuk      tahun     yang     berakhir           for the year ended 31 December 2023.
    31 Desember 2023.

    Sampai dengan 31 Desember 2024, Bank telah                      As at 31 December 2024, the Bank had received
    menerima pembayaran sebesar Rp96.432 (2023:                     payment of Rp96,432 (2023: Rp48,216) and
    Rp48.216) dan sisanya dicatat sebagai piutang dari              recorded the remaining as receivables from PT PP
    PT PP pada aset lain-lain sebesar Rp144.648                     amounting in other assets to Rp144,648 (2023:
    (2023: Rp192.864).                                              Rp192,864).

    Revaluasi aset tetap                                            Revaluation of fixed assets

    Penilaian kembali atas aset tetap dilakukan                     The revaluation of fixed assets are performed
    berdasarkan Standar Penilaian Indonesia. Metode                 based on Indonesian Valuation Standards. The
    penilaian yang dipakai adalah metode data pasar                 valuation methods used are market data approach
    dan metode pendapatan. Elemen-elemen yang                       and income approach. Elements used in data
    digunakan dalam perbandingan data untuk                         comparison to determine fair value of assets are
    menentukan nilai wajar aset antara lain:                        among others are as follows:

    a) jenis dan hak yang melekat pada properti;                    a) type and right on property;
    b) kondisi pasar;                                               b) market condition;
    c) lokasi;                                                      c) location;
    d) karakteristik fisik; dan                                     d) physical characteristic; and
    e) karakteristik tanah.                                         e) land characteristic.

    Nilai wajar ditentukan dengan menggunakan                       Fair value was determined by hierarchy and input
    hierarki dan input-input yang digunakan dalam                   used on technical valuation of non-financial assets:
    teknis penilaian untuk aset nonkeuangan:
     • Level 1: Input yang berasal dari harga                       •     Level 1: Input quoted (unadjusted) prices in
        kuotasian (tanpa penyesuaian) dalam pasar                         active market for identical assets;
        aktif untuk aset yang identik;
     • Level 2: Input selain harga kuotasian pasar                  •     Level 2: Input other than quoted market price
        dalam level 1 yang dapat diobservasi baik                         in level 1 that are observable either directly or
        secara langsung maupun tidak langsung; dan                        indirectly; and
     • Level 3: Input yang tidak dapat diobservasi.                 •     Level 3: Input that are not observable.

                                                    Halaman - 73 - Page
Page 612
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)       (Expressed in millions of Rupiah, unless otherwise stated)

14. ASET TETAP, ASET HAK GUNA DAN ASET                          14. FIXED ASSETS, RIGHT-OF-USE ASSETS AND
    TIDAK BERWUJUD - BERSIH (lanjutan)                              INTANGIBLE ASSETS - NET (continued)

    Revaluasi aset tetap (lanjutan)                                Revaluation of fixed assets (continued)

    Pengukuran nilai wajar tanah dikategorikan                     The fair value measurement for the land is
    sebagai nilai wajar level 2 berdasarkan input dari             categorised as level 2 fair value based on the inputs
    teknik penilaian yang digunakan.                               of the valuation technique used.

    Revaluasi aset tetap - ex-legacy PT Bank                       Fixed asset revaluation - ex-legacy PT Bank
    Syariah Mandiri (”BSM”)                                        Syariah Mandiri (“BSM”)

    Berdasarkan surat PT Bank Mandiri (Persero) Tbk                Based on the letter of PT Bank Mandiri (Persero)
    No.          CSC.CRE/508/2020          tertanggal              Tbk No. CSC.CRE/508/2020 dated 26 August 2020
    26 Agustus 2020 dan persetujuan OJK melalui                    and     approval     OJK    by   the   letter   No.
    surat     No.     S-159/PB.31/2020     tertanggal              S-159/PB.31/2020 dated 9 October 2020, PT Bank
    9 Oktober 2020, PT Bank Mandiri (Persero) Tbk                  Mandiri (Persero) Tbk has obtain additional share
    melakukan penambahan penyertaan modal                          by inbreng Non-movable Fixed Assets (“ATTB”) of
    melalui inbreng Aset Tetap Tidak Bergerak                      PT Bank Mandiri (Persero) Tbk to PT Bank Syariah
    (“ATTB”) milik PT Bank Mandiri (Persero) Tbk                   Mandiri amounting Rp152,997 which consists of
    kepada PT Bank Syariah Mandiri sebesar                         land amounting Rp127,750 and buildings amounting
    Rp152.997 yang terdiri dari tanah senilai                      Rp25,247 (exclude tax). Revaluation of ATTB with
    Rp127.750 dan bangunan senilai Rp25.247 (tidak                 market value amounting Rp152,997 was performed
    termasuk pajak). Revaluasi atas ATTB dengan                    by Public Appraisal Service Office (“KJPP”) Rizki
    nilai pasar sebesar Rp152.997 dilakukan oleh                   Djunaedy & Partners, external independent
    Kantor Jasa Penilai Publik (“KJPP”) Rizki                      appraisal registered in OJK, based on their report
    Djunaedy & Rekan, penilai independen eksternal                 dated 2 March 2020. Addition of ATTB in 2020
    yang telah teregistrasi pada OJK, berdasarkan                  amounting to Rp175,876 consists of land amounting
    laporannya tertanggal 2 Maret 2020. Penambahan                 to Rp144,527 (include tax amounting Rp16,777)
    ATTB selama tahun 2020 sejumlah Rp175.876                      and building amounting to Rp31,349 (include tax
    terdiri dari tanah senilai Rp144.527 (termasuk                 amounting to Rp6,102) from inbreng ATTB related
    pajak sejumlah Rp16.777) dan bangunan senilai                  to additional capital from PT Bank Mandiri (Persero)
    Rp31.349 (termasuk pajak senilai Rp6.102) yang                 Tbk.
    berasal dari inbreng ATTB terkait penambahan
    modal dari PT Bank Mandiri (Persero) Tbk.

    Revaluasi aset tetap - ex-legacy PT Bank                       Fixed asset revaluation - ex-legacy PT Bank
    BRIsyariah Tbk (”BRIS”)                                        BRIsyariah Tbk (“BRIS”)

    Pada tanggal 31 Januari 2021, ex-legacy BRIS                   On 31 January 2021, the ex-legacy BRIS made a
    melakukan penyesuaian kebijakan revaluasi aset                 policy adjustment of asset revaluation to be in line
    tetap sesuai ketentuan dengan BSI atas                         with BSI’s policy for recording of land from cost
    pencatatan tanah dari sebelumnya menggunakan                   model to revaluation model. In total in 2021, the
    model biaya menjadi menggunakan model                          increases in the carrying amount of land revaluation
    revaluasi. Secara total pada tahun 2021, kenaikan              are recorded as “Other Comprehensive Income”
    nilai tercatat yang timbul dari revaluasi tanah                amounting to Rp80,276 and the decrease of
    dicatat sebagai “Pendapatan Komprehensif Lain”                 carrying amount from revaluation is recorded as
    adalah sebesar Rp80.276 dan penurunan nilai                    expenses in 2021 amounting to Rp12,892. The
    tercatat yang timbul dari revaluasi dicatat sebagai            valuations of land was performed by KJPP Nanang
    beban pada tahun 2021 adalah sebesar Rp12.892.                 Rahayu, Sigit Paryanto dan Rekan, an external
    Penilaian atas tanah dilakukan oleh independen                 independent appraisal.
    eksternal yaitu KJPP Nanang Rahayu, Sigit
    Paryanto dan Rekan.

    Revaluasi aset tetap - ex-legacy PT Bank BNI                   Fixed asset revaluation - ex-legacy PT Bank BNI
    Syariah (”BNIS”)                                               Syariah (“BNIS”)

    Pada tanggal 31 Januari 2021, ex-legacy BNIS                   On 31 January 2021, ex-legacy BNIS made a policy
    melakukan penyesuaian kebijakan dengan BSI                     adjustment to be in line with BSI’s policy for
    atas pencatatan bangunan dari sebelumnya                       recording of building from revaluation model to cost
    menggunakan     model    revaluasi    menjadi                  model. In this regard, the Bank reversed the
    menggunakan model biaya. Atas hal ini, Bank                    revaluation of the building which had previously
    melakukan pembalikan atas penilaian kembali                    been recorded in “Other Comprehensive Income”
    bangunan yang sebelumnya sudah dicatat di                      amounting to Rp9,361.
    “Penghasilan  Komprehensif    Lain”   sebesar
    Rp9.361.


                                                    Halaman - 74 - Page
Page 613
                                            PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                      NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                        31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                 (Expressed in millions of Rupiah, unless otherwise stated)

14. ASET TETAP, ASET HAK GUNA DAN ASET                                   14. FIXED ASSETS, RIGHT-OF-USE ASSETS AND
    TIDAK BERWUJUD - BERSIH (lanjutan)                                       INTANGIBLE ASSETS - NET (continued)

    Revaluasi atas tanah - PT Bank Syariah                                      Revaluation on              land   -   PT   Bank      Syariah
    Indonesia Tbk                                                               Indonesia Tbk

    Revaluasi atas tanah dengan nilai tercatat pada                             Revaluation on land with carrying amount on
    saat revaluasi sebesar Rp67.617, dilakukan oleh                             revaluation amounting to Rp67,617, performed by
    KJPP Abdullah Fitriantoro & Rekan, penilai                                  KJPP Abdullah Fitriantoro & Rekan, an external
    independen eksternal yang telah teregistrasi pada                           independent appraisal registered on OJK, on their
    OJK, dalam laporannya tertanggal 25 November                                report dated 25 November 2021. Difference on
    2021. Selisih lebih nilai revaluasi tanah tahun 2021                        land revaluation in 2021 amounting to Rp113,596
    sebesar Rp113.596 dicatat sebagai “Surplus                                  was recorded as “Surplus on Revaluation of Fixed
    Revaluasi Aset Tetap” dan disajikan pada                                    Asset” and expressed on other comprehensive
    pendapatan komprehensif lain. Penurunan nilai                               income. Impairment of carrying value from
    tercatat yang timbul dari revaluasi tanah sebesar                           revaluation on land amounting to Rp45,979 was
    Rp45.979 diakui dalam laba rugi tahun 2021                                  recognised in the profit or loss of the year 2021 as
    sebagai beban usaha lainnya.                                                other operating expense.

    Revaluasi atas tanah pada tahun 2024                                        Revaluation on land in 2024

    Revaluasi atas tanah pada 31 Desember 2024                                  Revaluation on land as at 31 December 2024 was
    dilakukan oleh KJPP Dino Farid & Rekan serta                                performed by KJPP Dino Farid & Rekan and KJPP
    KJPP Muttaqin Bambang Purwanto Rozak                                        Muttaqin Bambang Purwanto Rozak Uswatun
    Uswatun (“MBPRU”) & Rekan, penilai independen                               (“MBPRU”) & Rekan, external independent
    eksternal yang telah teregistrasi pada OJK, dalam                           appraisals registered on OJK, on their report dated
    laporannya tertanggal 30 Juli 2024 dan                                      30 July 2024 and 1 August 2024. Difference on
    1 Agustus 2024. Selisih lebih nilai revaluasi tanah                         land revaluation in 2024 amounting to Rp116,525
    tahun 2024 sebesar Rp116.525 dan pembalikan                                 and reversal of impairment from prior period
    penurunan nilai dari periode sebelumnya sebesar                             amounting to Rp7,615 were recorded as “Gain on
    Rp7.615 dicatat sebagai “Keuntungan Revaluasi                               Revaluation of Fixed Assets” and presented in
    Aset Tetap” dan disajikan pada pendapatan                                   other comprehensive income. Impairment of
    komprehensif lain. Penurunan nilai tercatat yang                            carrying value from revaluation on land amounting
    timbul dari revaluasi tanah sebesar Rp2.475 diakui                          to Rp2,475 was recognised in the profit or loss of
    dalam laba rugi tahun 2024 sebagai beban usaha                              the year 2024 as other operating expense.
    lainnya.

    Perubahan cadangan revaluasi aset bersih setelah                            The movements in the asset revaluation reserve
    pajak adalah sebagai berikut:                                               net of tax are as follows:

                                                      2024                      2023

    Saldo awal tahun                                     444,530                  444,530                              Beginning year balance
    Kenaikan nilai tanah                                 108,910                        -                                  Gain on land value
    Saldo akhir tahun                                    553,440                  444,530                                Ending year balance

    Aset hak guna                                                               Right-of-use assets

                                                                         2024
                                      Saldo awal/                                            Saldo akhir/
                                      Beginning       Penambahan/        Pengurangan/          Ending
                                       balance         Additions          Deductions           balance

    Nilai perolehan                                                                                                              Acquisition cost
       Bangunan kantor                   1,205,107           438,502             (289,324)      1,354,285                        Office buildings
       Kendaraan bermotor                                                                                                           Vehicles and
           dan sistem teknologi            132,876                  -            (114,427)         18,449                   technology system

                                         1,337,983           438,502             (403,751)      1,372,734
    Akumulasi penyusutan                                                                                               Accumulated depreciation
      Bangunan kantor                     (665,026)          (321,004)           289,324          (696,706)                    Office buildings
      Kendaraan bermotor                                                                                                          Vehicles and
        dan sistem teknologi              (110,116)           (22,761)           114,427           (18,450)               technology system

                                          (775,142)          (343,765)           403,751          (715,156)

    Nilai buku                             562,841                                                657,578                             Book value




                                                      Halaman - 75 - Page
Page 614
                                                      PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                               NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)

14. ASET TETAP, ASET HAK GUNA DAN ASET                                               14. FIXED ASSETS, RIGHT-OF-USE ASSETS AND
    TIDAK BERWUJUD - BERSIH (lanjutan)                                                   INTANGIBLE ASSETS - NET (continued)

    Aset hak guna (lanjutan)                                                                Right-of-use assets (continued)
                                                                                     2023
                                            Saldo awal/                                                    Saldo akhir/
                                            Beginning          Penambahan/           Pengurangan/            Ending
                                             balance            Additions             Deductions             balance
    Nilai perolehan                                                                                                                              Acquisition cost
       Bangunan kantor                          1,140,654             256,257                (191,804)         1,205,107                         Office buildings
       Kendaraan bermotor                                                                                                                           Vehicles and
           dan sistem teknologi                   132,876                     -                      -          132,876                     technology system
                                                1,273,530             256,257                (191,804)         1,337,983
    Akumulasi penyusutan                                                                                                                Accumulated depreciation
      Bangunan kantor                            (564,957)           (291,873)               191,804            (665,026)                       Office buildings
      Kendaraan bermotor                                                                                                                           Vehicles and
      dan sistem teknologi                        (68,284)            (41,832)                       -          (110,116)                  technology system
                                                 (633,241)           (333,705)               191,804            (775,142)
    Nilai buku                                    640,289                                                       562,841                                Book value

    Bank mengakui aset hak guna dan liabilitas sewa                                         The Bank recognises the right-of-use assets and
    untuk semua sewa dengan kontrak jangka waktu                                            lease liabilities for all leases with time contracts,
    tertentu, dibayar bulanan atau periodik. Terdapat                                       payable monthly or periodically. There are
    pengecualian untuk sewa dengan jangka waktu                                             exceptions to the lease with a short term, which is
    pendek, yaitu kurang dari atau sama dengan                                              less or equal to 12 months and there is no call
    12 bulan serta tidak ada opsi beli dan opsi                                             option and extention option, and has a low value
    perpanjangan, dan memiliki aset pendasar bernilai                                       underlying asset, which is less than or equal to
    rendah, yaitu lebih kecil atau sama dengan                                              Rp70,000,000 (seventy million Rupiah) in full
    Rp70.000.000 (tujuh puluh juta Rupiah) dalam nilai                                      amount.
    penuh.

    Laporan laba rugi dan penghasilan komprehensif                                          Statements of profit or loss and other
    lain menyajikan saldo berikut berkaitan dengan                                          comprehensive income shows the following
    sewa:                                                                                   amounts related to lease:

                                                              2024                          2023
    Beban penyusutan                                                                                                                 Depreciation expense of
      aset hak guna (Catatan 38):                                                                                             right of use assets (Note 38):
      Bangunan kantor                                             321,004                     295,562                                      Office buildings
      Kendaraan bermotor dan
         sistem teknologi                                            22,761                     38,143                    Vehicle and technology system
                                                                  343,765                     333,705
    Beban sewa (Catatan 38):                                                                                                        Rent expenses (Note 38):
      Beban bunga:                                                                                                                       Interest expenses:
         Bangunan kantor                                             15,574                        6,752                                  Office buildings
         Kendaraan bermotor dan
            sistem teknologi                                            349                        2,445                  Vehicle and technology system
                                                                     15,923                        9,197
       Beban berkaitan dengan sewa                                                                                           Expenses related to short term
          jangka pendek (kurang dari atau                                                                                       leases (less than or equal
          sama dengan 12 bulan)                                   354,593                     272,262                                       to 12 months)
       Beban berkaitan dengan sewa atas                                                                                          Expenses related to leases
          aset yang bernilai rendah yang                                                                                  of low value assets that are not
          bukan sewa jangka pendek                                   22,556                     28,796                                   short term leases
                                                                  393,072                     310,255
    Jumlah                                                        736,837                     643,960                                                        Total

    Aset tidak berwujud                                                                     Intangible assets
                                                                              2024
                                     Saldo awal/             Penambahan/               Reklasifikasi/            Saldo akhir/
                                  Beginning balance            Addition               Reclassification          Ending balance
    Nilai perolehan                                                                                                                                Acquisition cost
      Perangkat lunak                       1,279,219                   84,176                      301,828                 1,665,223                      Software
      Aset dalam penyelesaian                 462,420                1,060,791                     (301,828)                1,221,383      Construction in progress
                                            1,741,639                1,144,967                             -                2,886,606
    Akumulasi amortisasi                                                                                                                 Accumulated amortisation
     Perangkat lunak                         (613,305)                (170,957)                            -                (784,262)                  Software
    Nilai buku                              1,128,334                                                                       2,102,344                   Book value




                                                               Halaman - 76 - Page
Page 615
                                                    PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                           31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                    (Expressed in millions of Rupiah, unless otherwise stated)

14. ASET TETAP, ASET HAK GUNA DAN ASET                                        14. FIXED ASSETS, RIGHT-OF-USE ASSETS AND
    TIDAK BERWUJUD - BERSIH (lanjutan)                                            INTANGIBLE ASSETS - NET (continued)

    Aset tidak berwujud (lanjutan)                                                 Intangible assets (continued)
                                                                       2023
                                   Saldo awal/          Penambahan/             Reklasifikasi/         Saldo akhir/
                                Beginning balance         Addition             Reclassification       Ending balance

    Nilai perolehan                                                                                                                  Acquisition cost
      Perangkat lunak                       750,007             276,241                    252,971             1,279,219                     Software
      Aset dalam penyelesaian                     -             715,391                   (252,971)              462,420     Construction in progress

                                            750,007             991,632                           -            1,741,639

    Akumulasi amortisasi                                                                                                    Accumulated amortisation
     Perangkat lunak                       (491,319)            (121,986)                         -             (613,305)                 Software

    Nilai buku                              258,688                                                            1,128,334                  Book value


    Estimasi persentase tingkat penyelesaian aset                                  The estimated percentage of completion of
    dalam       penyelesaian      pada      tanggal                                construction in progress as at 31 December 2024
    31 Desember 2024 dan 2023 adalah berkisar                                      and 2023 is between 4.19% - 98.24% and 10.71%
    antara 4,19% - 98,24% dan 10,71% - 95,00%. Aset                                - 95.00%. Those assets in progress as at
    dalam       penyelesaian      pada      tanggal                                31 December 2024 are estimated to be completed
    31 Desember 2024 tersebut diperkirakan akan                                    in 2025 until 2026.
    selesai pada tahun 2025 sampai dengan 2026.

    Jumlah beban amortisasi aset tidak berwujud yang                               Total amortisation expenses of intangible assets
    dibebankan pada laporan laba rugi dan                                          charged in the statements of profit or loss and
    penghasilan komprehensif lain adalah masing-                                   other comprehensive income is amounting to
    masing sebesar Rp170.957 dan Rp121.986 pada                                    Rp170,957 and Rp121,986 as at 31 December
    tanggal 31 Desember 2024 dan 2023 (Catatan 38).                                2024 and 2023, respectively (Note 38).


15. ASET LAIN-LAIN - BERSIH                                                   15. OTHER ASSETS - NET

    Aset lain-lain terdiri dari:                                                   Other assets consist of:

                                                         2024                      2023

    Beban dibayar dimuka                                   1,975,414                1,194,999                                Prepaid expense
    Piutang pendapatan surat berharga                        979,776                  889,375               Income receivables from securities
    Agunan yang diambil alih                                 711,370                  825,759                           Foreclosed collaterals
    Tagihan SKBDN kepada nasabah                             362,851                  272,925                 SKBDN receivables to customers
    Pendapatan pembiayaan yang akan
      diterima                                               290,984                   202,588               Income receivables from financing
    Tagihan ATM                                              198,877                   317,824                               ATM receivables
    Tagihan kepada pihak ketiga                              144,648                   192,864                    Receivables from third party
    Persediaan alat tulis kantor dan materai                  71,420                    75,659                     Office supplies and stamps
    Setoran jaminan                                           53,064                    46,959                              Guarantee deposit
    Lainnya                                                  398,854                   315,996                                          Others
                                                           5,187,258                4,334,948
    Cadangan kerugian penurunan nilai                       (959,155)              (1,081,560)                 Allowance for impairment losses
    Bersih                                                 4,228,103                3,253,388                                                   Net

    Lainnya antara lain properti terbengkalai, biaya                               Others are abandoned property, deferred fees, as
    yang ditangguhkan, serta berbagai macam tagihan,                               well as various bills, such as Bank Indonesia Fast
    antara lain tagihan Bank Indonesia Fast Payment                                Payment (“BI Fast”) bills, bills for Quick Response
    (“BI Fast”), tagihan atas transaksi Quick Response                             Code Indonesian Standard (“QRIS”) transactions,
    Code Indonesian Standard (“QRIS”), tagihan Kartu                               Hasanah Card bills, clearing transactions and
    Hasanah, transaksi kliring, dan lebih bayar pajak                              overpayment of income tax art 21.
    penghasilan pasal 21.

    Manajemen berpendapat bahwa jumlah cadangan                                    Management      believes that      allowance for
    kerugian penurunan nilai aset lain-lain yang                                   impairment losses on other assets is adequate.
    dibentuk telah memadai.

    Mutasi agunan yang diambil alih pada tanggal                                   Movement of the foreclosed collaterals as at
    31 Desember 2024 dan 2023 diungkapkan pada                                     of 31 December 2024 and 2023 are disclosed in
    Catatan 54j.                                                                   Note 54j.


                                                          Halaman - 77 - Page
Page 616
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                  31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

16. LIABILITAS SEGERA                                              16. OBLIGATIONS DUE IMMEDIATELY

                                                   2024                2023
    Pihak ketiga                                                                                                     Third parties
    Zakat Bank                                         232,061            189,730                               Zakat of the Bank
    Liabilitas ATM Jalin                               130,950            294,323                         Liabilities to ATM Jalin
    Liabilitas pihak ketiga                            157,013            117,002                       Liabilities to third parties
    Titipan dana nasabah                                57,800             25,224                    Deposit of customer funds
    Titipan tagihan pembayaran                          42,310             54,573                   Remittance of bills payment
    Liabilitas ATM Bersama                              30,809             34,535                    Liabilities to ATM Bersama
    Liabilitas ATM Prima                                24,587             82,680                       Liabilities to ATM Prima
    Zakat pegawai, nasabah dan                                                                   Zakat of employees, customers
       umum                                              3,621               7,044                                    and public
    Titipan ATM                                          3,544              36,117                                ATM remittance
    Titipan lainnya                                    174,286             303,619                              Other remittances
                                                       856,981           1,144,847
    Pihak berelasi (Catatan 44)                                                                       Related parties (Note 44)
    Titipan ATM                                            1,662          171,220                              ATM remittance
                                                       858,643           1,316,067

    Liabilitas pihak ketiga merupakan liabilitas atas                  Liabilities to third parties represent liabilities arising
    transaksi QRIS, liabilitas BI Fast, jasa pembayaran,               from QRIS transactions, liabilities to BI Fast,
    dan kewajiban dalam rangka sekuritisasi.                           payment services, and liabilities related to
                                                                       securitisation.

    Liabilitas ATM Jalin, ATM Prima dan ATM                            Liabilities to ATM Jalin, ATM Prima and ATM
    Bersama, merupakan liabilitas yang timbul karena                   Bersama represent liabilities arising from using the
    penggunaan jaringan ATM Bank oleh nasabah                          Bank’s network of ATM by customers of using ATM
    bank lain yang menjadi anggota dari jaringan ATM                   Jalin network, ATM Prima and ATM Bersama.
    Jalin, jaringan ATM Prima dan jaringan ATM
    Bersama.

    Titipan lainnya merupakan titipan direct terhadap                  Other remittances are direct remittances to the
    mitra Bank, titipan bagi hasil deposito jatuh tempo                Bank’s partners, remittances of time deposits profit
    dan lainnya.                                                       sharing and others.

    Zakat pegawai, nasabah, dan umum merupakan                         Zakat of employees, customers and publics are
    zakat yang dibayarkan secara individu melalui                      zakat paid individually through the Bank's
    platform E-Channel Bank dan akan disalurkan ke                     E-Channel platform and will be distributed to zakat
    lembaga pengelola zakat.                                           management institutions.


17. BAGI HASIL YANG BELUM DIBAGIKAN                                17. UNDISTRIBUTED REVENUE SHARING

    Akun ini merupakan bagi hasil yang belum                           This account represents the undistributed share of
    dibagikan oleh Bank kepada nasabah (shahibul                       the customers (shahibul maal) on income
    maal) atas bagian keuntungan hasil usaha Bank                      generated by the Bank from managing
    yang telah disisihkan dari pengelolaan dana                        mudharabah funds.
    mudharabah.

    Bagi hasil yang belum dibagikan Bank pada                          The Bank’s undistributed profit sharing as at
    tanggal 31 Desember 2024 dan 2023 adalah                           31 December 2024 and 2023, are as follows:
    sebagai berikut:

                                                   2024                2023

    Bukan Bank                                                                                                       Non-Bank
    Rupiah                                                                                                             Rupiah
      Deposito                                         222,038            191,504                               Time deposits
      Giro                                              41,388             43,929                            Demand deposits
      Sukuk mudharabah berkelanjutan                     8,384                  -            Sustainability sukuk mudharabah
      Sukuk mudharabah subordinasi                       1,317                658            Subordinated sukuk mudharabah
                                                       273,127            236,091




                                                    Halaman - 78 - Page
Page 617
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                  31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

17. BAGI HASIL YANG BELUM DIBAGIKAN                                17. UNDISTRIBUTED REVENUE SHARING
    (lanjutan)                                                         (continued)

    Bagi hasil yang belum dibagikan Bank pada                          The Bank’s undistributed profit sharing as at
    tanggal 31 Desember 2024 dan 2023 adalah                           31 December 2024 and 2023, are as follows:
    sebagai berikut: (lanjutan)                                        (continued)

                                                   2024                2023
    Bukan Bank (lanjutan)                                                                               Non-Bank (continued)
    Mata uang asing                                                                                      Foreign currencies
      Deposito                                             9,236              2,820                          Time deposits
      Giro                                                     2                  -                       Demand deposits

                                                           9,238              2,820
                                                       282,365            238,911

    Bank Indonesia                                                                                           Bank Indonesia
    Rupiah                                                                                                           Rupiah
      PaSBI                                                6,395           16,319                                   PaSBI

    Bank                                                                                                               Bank
    Rupiah                                                                                                           Rupiah
      Deposito                                                79               146                          Time deposits
      Pembiayaan berjangka mudharabah                      2,739               556               Mudharabah term financing
                                                           2,818               702
                                                       291,578            255,932


18. GIRO WADIAH                                                    18. WADIAH DEMAND DEPOSITS

    Giro wadiah terdiri dari:                                         Wadiah demand deposits consist of:

                                                   2024                2023

    Pihak ketiga                                                                                                Third parties
      Rupiah                                        15,113,900         16,475,273                                   Rupiah
      Dolar Amerika Serikat                          1,064,416          1,261,650                       United States Dollar
      Euro Eropa                                        17,505             15,081                            European Euro
      Dolar Singapura                                   27,126             14,248                          Singapore Dollar
      Riyal Arab Saudi                                  37,287            257,413                       Saudi Arabian Riyal

                                                    16,260,234         18,023,665

    Pihak berelasi (Catatan 44)                                                                     Related parties (Note 44)
      Rupiah                                         2,847,492           2,818,082                                  Rupiah
      Dolar Amerika Serikat                             12,213               5,777                      United States Dollar
      Riyal Arab Saudi                                  27,140                   -                      Saudi Arabian Riyal

                                                     2,886,845           2,823,859

                                                    19,147,079         20,847,524

    Giro   wadiah     merupakan       giro     wadiah                  Wadiah demand deposits represent wadiah
    yad-dhamanah yaitu titipan dana pihak ketiga yang                  yad-dhamanah in which the third parties funds are
    dapat diberikan bonus berdasarkan kebijakan                        entitled to receive bonuses in accordance with the
    Bank.                                                              Bank’s policy.

    Kisaran bonus giro wadiah yang diberikan nasabah                   The range rate from wadiah demand deposits
    adalah sebagai berikut:                                            given by customers are as follows:

                                                   2024                2023

    Rupiah                                       0.02% - 0.04%      0.02% - 0.03%                                     Rupiah
    Mata uang asing                                      0.00%              0.00%                          Foreign currencies




                                                    Halaman - 79 - Page
Page 618
                                             PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                   31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)            (Expressed in millions of Rupiah, unless otherwise stated)

19. TABUNGAN WADIAH                                                 19. WADIAH SAVINGS DEPOSITS

    Tabungan wadiah terdiri dari:                                       Wadiah savings deposits consist of:

                                                   2024                 2023
    Pihak ketiga                                                                                                  Third parties
      Rupiah                                        54,045,084          45,708,696                                    Rupiah
      Dolar Amerika Serikat                          1,221,082           1,307,515                        United States Dollar
                                                    55,266,166          47,016,211
    Pihak berelasi (Catatan 44)                                                                       Related parties (Note 44)
      Rupiah                                               11,364              9,350                                  Rupiah
      Dolar Amerika Serikat                                 2,537                813                      United States Dollar
                                                           13,901             10,163
                                                    55,280,067          47,026,374

    Kisaran bonus tabungan wadiah yang diberikan                         The range rate of bonus from wadiah savings
    nasabah adalah sebagai berikut:                                      deposits given by customers are as follows:

                                                   2024                 2023
    Rupiah                                                 0.00%              0.00%                                     Rupiah
    Dolar Amerika Serikat                                  0.00%              0.00%                         United States Dollar


20. SIMPANAN DARI BANK LAIN                                         20. DEPOSITS FROM OTHER BANKS

    a.   Berdasarkan jenis dan mata uang                                a.     By type and currency

                                                   2024                 2023
         Rupiah                                                                                                          Rupiah
           Sertifikat Investasi Mudharabah                                                             Interbank Mudharabah
             Antarbank (“SIMA”)                      2,240,000            1,505,000           Investment Certificate (“SIMA”)
           Sertifikat Pengelolaan Dana
             Berdasarkan Prinsip Syariah                                                     Sharia Compliant Interbank Fund
             Antarbank ("SIPA")                        600,834                     -       Management Certificate ("SIPA")
           Giro wadiah                                 174,143               125,292                Wadiah demand deposits
           Tabungan wadiah                               8,985                 7,788                 Wadiah savings deposits
                                                     3,023,962            1,638,080
         Mata uang asing                                                                                   Foreign currencies
           Giro wadiah                                       736                 45                  Wadiah demand deposits
           Sertifikat Investasi Mudharabah                                                             Interbank Mudharabah
             Antarbank (“SIMA”)                      1,126,650               123,176          Investment Certificate (“SIMA”)
                                                     1,127,386               123,221
                                                     4,151,348            1,761,301

    b.   Berdasarkan hubungan                                           b.     By relationship

                                                   2024                 2023
         Pihak ketiga                                                                                              Third parties
         Rupiah                                                                                                          Rupiah
           Sertifikat Investasi Mudharabah                                                             Interbank Mudharabah
             Antarbank (“SIMA”)                      2,240,000            1,355,000           Investment Certificate (“SIMA”)
           Sertifikat Pengelolaan Dana
             Berdasarkan Prinsip Syariah                                                     Sharia Compliant Interbank Fund
             Antarbank ("SIPA")                        400,000                     -       Management Certificate ("SIPA")
           Giro wadiah                                 172,774               123,939                Wadiah demand deposits
           Tabungan wadiah                               8,985                 7,788                 Wadiah savings deposits
                                                     2,821,759            1,486,727
         Mata uang asing                                                                                   Foreign currencies
           Giro wadiah                                       736                 45                  Wadiah demand deposits
           Sertifikat Investasi Mudharabah                                                             Interbank Mudharabah
             Antarbank (“SIMA”)                        241,425                46,191          Investment Certificate (“SIMA”)
                                                       242,161                46,236
                                                     3,063,920            1,532,963



                                                    Halaman - 80 - Page
Page 619
                                             PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                  31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

20. SIMPANAN DARI BANK LAIN (lanjutan)                             20. DEPOSITS FROM OTHER BANKS (continued)
    b.   Berdasarkan hubungan (lanjutan)                               b.     By relationship (continued)
                                                   2024                2023
         Pihak berelasi                                                                                         Related parties
         Rupiah                                                                                                         Rupiah
           Sertifikat Investasi Mudharabah                                                            Interbank Mudharabah
             Antarbank (“SIMA”)                                -            150,000          Investment Certificate (“SIMA”)
           Giro wadiah                                     1,369              1,353                 Wadiah demand deposits
           Sertifikat Pengelolaan Dana
             Berdasarkan Prinsip Syariah                                                    Sharia Compliant Interbank Fund
             Antarbank ("SIPA")                        200,834                    -       Management Certificate ("SIPA")
                                                       202,203              151,353
         Mata uang asing                                                                                  Foreign currencies
           Sertifikat Investasi Mudharabah                                                            Interbank Mudharabah
             Antarbank (“SIMA”)                        885,225               76,985          Investment Certificate (“SIMA”)
                                                     4,151,348           1,761,301

         Kisaran bonus giro wadiah yang diberikan                             The range rate from wadiah demand deposits
         nasabah adalah sebagai berikut:                                      given by customers are as follows:
                                                   2024                2023
         Rupiah                                  0.70% - 0.73%      0.72% - 0.73%                                       Rupiah
         Mata uang asing                                 0.00%              0.00%                            Foreign currencies


21. LIABILITAS KEPADA BANK INDONESIA                               21. LIABILITIES TO BANK INDONESIA
                                                   2024                2023
    Pihak ketiga                                                                                                  Third parties
       Rupiah                                       18,417,864         11,900,055                                   Rupiah

    Liabilitas kepada Bank Indonesia pada tanggal                      Liabilities   to   Bank       Indonesia    as     at
    31 Desember 2024 dan 2023 berisi instrumen                         31 December 2024 and 2023 containing Liquidity
    Pengelolaan Likuiditas berdasarkan Prinsip Syariah                 Management based on Bank Indonesia Sharia
    Bank Indonesia (“PaSBI”) yang merupakan fasilitas                  Principles (“PaSBI”) instrument, which is a funding
    penyediaan dana dari Bank Indonesia untuk                          facility from Bank Indonesia for managing the
    pengelolaan likuiditas Bank dengan agunan berupa                   Bank’s liquidity with collateral in the form of
    surat berharga yang memenuhi prinsip syariah                       securities that comply with sharia principles with
    dengan nilai nominal agunan masing-masing                          collateral    nominal     value    amounting      to
    sebesar Rp19.800.000 dan Rp12.500.000.                             Rp19,800,000 and Rp12,500,000, respectively.
    Pada tanggal 31 Desember 2024 dan 2023, Bank                       As at 31 December 2024 and 2023, the Bank
    mendapatkan       fasilitas   PaSBI     sebesar                    obtained   PaSBI     facilities  amounting      to
    Rp18.417.864 dengan persentase bagi hasil yang                     Rp18,417,864 with a percentage profit sharing paid
    dibayar oleh Bank sebesar 6,25% per tahun dan                      by the Bank of 6.25% per annum and
    Rp11.900.055 dengan persentase bagi hasil yang                     Rp11,900,055 with a percentage profit sharing paid
    dibayar oleh Bank sebesar 6,25% dan 6,85% per                      by the Bank of 6.25% and 6.85% per annum.
    tahun. PaSBI 31 Desember 2024 jatuh tempo pada                     PaSBI 31 December 2024 matures on 6 January
    tanggal 6 Januari 2025 serta PaSBI 31 Desember                     2025 and PaSBI 31 December 2023 matures on 4
    2023 jatuh tempo pada tanggal 4 dan                                and 5 January 2024.
    5 Januari 2024.

22. PERPAJAKAN                                                     22. TAXATION
    a.   Utang pajak                                                    a. Taxes payable
         Rincian utang pajak adalah sebagai berikut:                        The details of taxes payable are as follows:
                                                   2024                2023
         Utang pajak penghasilan                                                                            Income tax payables
           Pasal 29                                    674,835              224,467                                 Article 29
         Utang pajak lainnya                                                                              Other tax payables
           Pasal 4 (2)                                 101,799               83,157                             Article 4 (2)
           Pasal 21                                      2,342              173,449                               Article 21
           Pasal 22                                      7,252                1,466                               Article 22
           Pasal 23                                     11,605                7,141                               Article 23
           Pasal 26                                      7,091                  683                               Article 26
           PPN dan PPh lainnya                          84,718               48,679             VAT and other income taxes
                                                       214,807              314,575
                                                       889,642              539,042


                                                    Halaman - 81 - Page
Page 620
                                               PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                    31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)             (Expressed in millions of Rupiah, unless otherwise stated)

22. PERPAJAKAN (lanjutan)                                            22. TAXATION (continued)

    b.   Beban pajak                                                     b. Tax expense

                                                    2024                 2023

         Beban pajak kini                             2,436,340            1,678,581                          Current tax expense
         (Manfaat)/beban pajak tangguhan               (391,833)              17,148                Deferred tax (benefit)/expense

                                                      2,044,507            1,695,729

         Rekonsiliasi antara laba sebelum pajak                              Reconciliation between income before income
         penghasilan pada laporan laba rugi dan                              tax as stated in the statements of profit or loss
         penghasilan    komprehensif      lain   dan                         and other comprehensive income and income
         perhitungan penghasilan pajak adalah sebagai                        tax calculation are as follows:
         berikut:

                                                    2024                 2023

         Laba sebelum pajak penghasilan               9,050,395            7,399,472                             Income before tax

         Beda temporer                                                                                       Temporary differences
         Cadangan kerugian penurunan nilai                                                        Allowance for impairment losses
           atas aset keuangan                                                                             on financial assets and
           dan aset produktif                         2,105,668             223,334                               earning assets
         Penyisihan kerugian atas aset                                                             Provision for impairment losses
           nonproduktif                                 (46,041)             (15,450)                     on non-earning assets
         Estimasi kerugian atas                                                                 Estimated losses on commitments
           komitmen dan kontinjensi                        (7,972)              3,144                          and contingencies
         Cadangan kerugian                                                                                 Provision for impairment
           risiko operasional                           (18,284)             (31,597)                  losses on operational risk
         Penyisihan liabilitas imbalan kerja              3,595              (56,935)      Provision for employee benefit liabilities
         Cadangan bonus                                (124,036)             (40,502)                           Provision for bonus
         Cadangan tantiem dan                                                                             Provision for tantiem and
           beban tenaga kerja                            24,090                8,988                        personnel expenses
         Lain-lain                                     (155,958)             (96,862)                                         Others
         Jumlah beda temporer                         1,781,062               (5,880)                  Total temporary differences

         Beda tetap                                                                                        Permanent differences
         Representasi dan sumbangan                     80,176               60,517                  Representation and donation
         Keanggotaan nonasosiasi                         2,724                  934                  Non-association membership
         Penurunan nilai aset tetap                      2,475                    -                      Fixed assets impairment
         Biaya lainnya                                 157,443              174,871                                       Others
         Total beda tetap                              242,818              236,322                    Total permanent differences
         Total koreksi fiskal                         2,023,880             230,442                          Total fiscal corrections

         Penghasilan kena pajak                      11,074,275            7,629,914                               Taxable income

         Beban pajak penghasilan badan                2,436,340            1,678,581                Corporate income tax expense
         Pajak dibayar dimuka - pasal 25             (1,760,822)          (1,453,654)                       Prepaid tax - article 25
         Pajak yang dipotong                                                                                        Tax withheld by
           pihak lain - pasal 22                            (683)                (460)                   other parties - article 22

         Utang pajak penghasilan                                                                              Income tax payable
           - pasal 29                                  674,835              224,467                                - article 29

         Rekonsiliasi atas beban pajak penghasilan                            The reconciliation of income tax expense by
         dengan perkalian laba sebelum pajak                                  multiplying income before income tax to the
         penghasilan dan tarif pajak yang berlaku                             applicable tax rate are as follows:
         adalah sebagai berikut:

                                                    2024                 2023

         Laba sebelum pajak penghasilan               9,050,395            7,399,472                             Income before tax
         Beban pajak penghasilan yang
           dihitung dari laba sebelum                                                                         Income tax expense
           pajak penghasilan                          1,991,087            1,627,884          calculated from income before tax
         Pengaruh pajak atas beda tetap                  53,420               67,845          Tax impact of permanent differences

         Beban pajak                                  2,044,507            1,695,729                                   Tax expense


                                                     Halaman - 82 - Page
Page 621
                                                        PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                                    NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                      31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                               (Expressed in millions of Rupiah, unless otherwise stated)

22. PERPAJAKAN (lanjutan)                                                              22. TAXATION (continued)

    c.   Aset pajak tangguhan                                                               c.    Deferred tax assets
                                                                     31 Desember/December 2024
                                                                      Dikreditkan/    (Dibebankan)/
                                                                     (dibebankan)     dikreditkan ke
                                                                      ke laba rugi/    penghasilan
                                                                        Credited/     komprehensif
                                                   Saldo awal/        (charged) to   lain/(Charged)/        Saldo akhir/
                                                   Beginning         statements of      credited to           Ending
                                                    balance          profit or loss        OCI                balance
         Cadangan kerugian penurunan nilai                                                                                      Allowance for impairment losses on
           atas aset keuangan dan aset produktif       1,055,833           463,247                     -         1,519,080    financial assets and earning assets
         Penyisihan kerugian atas aset                                                                                           Provision for impairment losses on
           nonproduktif                                  213,255            (10,129)                   -           203,126                      non-earning assets
         Estimasi kerugian atas                                                                                                  Estimated losses on commitments
           komitmen dan kontinjensi                        7,044             (1,754)                   -             5,290                       and contingencies
         Cadangan kerugian                                                                                                       Provision for impairment losses on
           risiko operasional                             13,549             (4,024)                   -             9,525                         operational risks
         Penyisihan liabilitas imbalan kerja             146,797                791              (29,948)          117,640     Provision employee benefit liabilities
         Cadangan bonus                                  184,589            (27,288)                   -           157,301                       Provision for bonus
         Cadangan tantiem dan                                                                                                   Provision for tantiem and personnel
           beban tenaga kerja                             67,150              5,300                   -             72,450                                expenses
         Depresiasi aset tetap                           (26,357)           (29,332)                  -            (55,689)             Depreciation of fixed assets
         Aset hak guna                                    31,682            (71,966)                  -            (40,284)                      Right-of-use assets
         Liabilitas sewa                                 (27,102)            66,988                   -             39,886                           Lease liabilities
         Lainnya                                            (746)                 -              29,148             28,402                                    Others
                                                       1,665,694           391,833                 (800)         2,056,727

                                                                      31 Desember/December 2023
                                                                     (Dibebankan)/      Dikreditkan/
                                                                       dikreditkan    (dibebankan) ke
                                                                      ke laba rugi/     penghasilan
                                                                       (Charged)/      komprehensif
                                                   Saldo awal/         credited to     lain/Credited/       Saldo akhir/
                                                   Beginning         statements of      (charged) to          Ending
                                                    balance           profit or loss        OCI               balance

         Cadangan kerugian penurunan nilai                                                                                      Allowance for impairment losses on
           atas aset keuangan dan aset produktif       1,006,700            49,133                     -         1,055,833    financial assets and earning assets
         Penyisihan kerugian atas aset                                                                                           Provision for impairment losses on
           nonproduktif                                  216,654             (3,399)                   -           213,255                      non-earning assets
         Estimasi kerugian atas                                                                                                  Estimated losses on commitments
           komitmen dan kontinjensi                        6,352               692                     -             7,044                       and contingencies
         Cadangan kerugian                                                                                                       Provision for impairment losses on
           risiko operasional                             20,500             (6,951)                  -             13,549                         operational risks
         Penyisihan liabilitas imbalan kerja             151,584            (12,526)              7,739            146,797     Provision employee benefit liabilities
         Cadangan bonus                                  193,499             (8,910)                  -            184,589                       Provision for bonus
         Cadangan tantiem dan                                                                                                   Provision for tantiem and personnel
           beban tenaga kerja                             65,173              1,977                    -            67,150                                expenses
         Depresiasi aset tetap                           (11,748)           (14,609)                   -           (26,357)             Depreciation of fixed assets
         Aset hak guna                                    27,135              4,547                    -            31,682                       Right-of-use assets
         Liabilitas sewa                                       -            (27,102)                   -           (27,102)                          Lease liabilities
         Lainnya                                            (746)                 -                    -              (746)                                   Others
                                                       1,675,103            (17,148)              7,739          1,665,694


         Manajemen berpendapat bahwa kemungkinan                                                  Management believes that it is most likely that
         besar jumlah laba fiskal pada masa                                                       future taxable income will be available against
         mendatang memadai untuk mengkompensasi                                                   the temporary differences which create
         perbedaan temporer yang menimbulkan aset                                                 deferred tax assets.
         pajak tangguhan tersebut.

    d.   Surat ketetapan pajak                                                              d.    Tax assessment letters

         Pemeriksaan tahun pajak 2020 - BSI (ex-                                                  Assessment for fiscal year 2020 - BSI (ex-
         legacy BRIS)                                                                             legacy BRIS)

         Pada bulan April 2024, Bank menerima Surat                                               In April 2024, the Bank received an Inspection
         Perintah Pemeriksaan atas Tahun Pajak 2020                                               Order for the Fiscal Year 2020 addressed to
         untuk PT Bank Syariah Indonesia Tbk (ex-                                                 PT Bank Syariah Indonesia Tbk (ex-legacy
         legacy BRIS). Sampai tanggal laporan                                                     BRIS). Until the date of this financial
         keuangan ini, proses pemeriksaan pajak masih                                             statements, the tax audit is still in progress.
         berlanjut.




                                                                    Halaman - 83 - Page
Page 622
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)       (Expressed in millions of Rupiah, unless otherwise stated)

22. PERPAJAKAN (lanjutan)                                       22. TAXATION (continued)

    e.   Informasi lain                                             e.    Other information

         Penerapan Peraturan Menteri Keuangan                             Implementation of the Minister of Finance
         Republik Indonesia (“PMK”) No. 74 Tahun                          Regulation (“PMK”) No. 74 Year 2024
         2024

         Pada tanggal 18 Oktober 2024, Menteri                            On 18 October 2024, the Minister of Finance
         Keuangan Republik Indonesia menerbitkan                          of the Republic of Indonesia issued Minister of
         Peraturan     Menteri  Keuangan    Republik                      Finance Regulation (“PMK”) No. 74 Year 2024
         Indonesia (“PMK”) No. 74 Tahun 2024 tentang                      concerning the Establishment of Provisions for
         Pembentukan Cadangan Piutang Tak Tertagih                        Uncollectible Receivables that can be
         yang Boleh Dikurangkan dari Penghasilan                          Deducted from Gross Income. This regulation
         Bruto. Peraturan ini menggantikan PMK No.                        replaces PMK No. 81/PMK.03/2009 regarding
         81/PMK.03/2009 tentang Pembentukan atau                          the Formation or Accumulation of Reserve
         Pemupukan Dana Cadangan yang Boleh                               Funds That Can Be Deducted as Expenses,
         Dikurangkan sebagai Biaya sebagaimana telah                      as amended by PMK No. 219/PMK.011/2012.
         diubah dengan PMK No. 219/PMK.011/2012.                          This change impacts the increase in deferred
         Perubahan ini berdampak pada penambahan                          tax assets and the addition of the Bank's
         nilai aset pajak tangguhan dan penambahan                        corporate tax liabilities for the Fiscal Year
         hutang pajak badan Bank untuk Tahun Pajak                        2024.
         2024.

         Dampak Penerapan Pilar 2 Organization for                        The impact of Pillar 2 of Organization for
         Economic Co-operation and Development                            Economic Co-operation and Development
         (”OECD”)                                                         (”OECD”)

         Bank berada dalam cakupan ketentuan model                        The Bank is within the scope of the OECD
         Pilar Dua OECD sesuai dengan ketentuan                           Pillar Two model rules in accordance with the
         dalam PMK No. 136 Tahun 2024, yurisdiksi                         PMK No. 136 Year 2024, the jurisdiction in
         tempat Bank didirikan, dan mulai berlaku mulai                   which the Bank is incorporated, and has come
         1 Januari 2025. Oleh karena peraturan                            into effect from 1 January 2025. Since the
         tersebut tidak berlaku pada tanggal pelaporan,                   regulation was not effective at the reporting
         Bank ini tidak memiliki eksposur pajak terkini                   date, the Bank has no related current tax
         terkait. Bank menerapkan pengecualian PSAK                       exposure. The Bank applies the SFAS 212
         212 untuk mengakui dan mengungkapkan                             exception to recognising and disclosing
         informasi tentang aset dan liabilitas pajak                      information about deferred tax assets and
         tangguhan yang terkait dengan pajak                              liabilities related to Pillar Two income taxes.
         penghasilan Pilar Dua.

         Dikarenakan kompleksitas dalam penerapan                         Due to the complexities in applying the PMK
         peraturan PMK No. 136 Tahun 2024 dan                             No. 136 Year 2024 and calculation GloBE
         perhitungan pendapatan GloBE, dampak                             income, the quantitative impact of the
         kuantitatif dari peraturan yang secara                           substantively enacted but not yet effective
         substantif diberlakukan tapi belum efektif                       regulation has not been reasonably estimable.
         tersebut belum dapat diestimasi dengan wajar.                    Therefore, even for those entities with an
         Oleh karena itu, meskipun terdapat entitas                       accounting effective tax rate above 15%, there
         dengan tarif pajak efektif akuntansi di atas                     might still be Pillar Two tax implications. For
         15%, mungkin masih ada implikasi pajak Pilar                     the year ended 31 December 2024, the Bank
         Dua.       Pada    tahun    yang     berakhir                    is still assessing the impact of implementation
         31 Desember 2024, Bank masih menilai                             of the regulation.
         dampak dalam penerapan peraturan tersebut.




                                                    Halaman - 84 - Page
Page 623
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                   31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)            (Expressed in millions of Rupiah, unless otherwise stated)

23. LIABILITAS LAIN-LAIN                                            23. OTHER LIABILITIES

                                                   2024                 2023

    Pendapatan diterima dimuka                       3,722,200             204,383                               Deferred income
    Cadangan bonus dan tantiem                         870,500             970,236                 Provision of bonus and tantiem
    Biaya notaris                                      339,583             284,286                                     Notary fees
    Beban yang masih harus dibayar                     232,316             288,492                              Accrued expenses
    Liabilitas sewa                                    181,296             123,193                                 Lease liabilities
    Cadangan THR dan                                                                                  Provision of THR and other
       kepegawaian lainnya                             173,854             174,053                          employee expenses
    Setoran jaminan                                     18,141              19,818                            Guarantee deposits
    Dana kebajikan                                       4,876               9,907                           Qardhul hasan funds
    Pendapatan administrasi                                                                                     Deferred financing
       pembiayaan ditangguhkan                           3,537              12,757                        administration income
    Lainnya                                            321,527             358,982                                          Others
                                                     5,867,830            2,446,107

    Pendapatan diterima dimuka terdiri dari ujrah                       Deferred income consists of ujrah received in
    diterima dimuka atas transaksi bancassurance                        advance for bancassurance (see Note 48), supply
    (lihat Catatan 48), supply chain financing, buyer                   chain financing transactions, buyer chain financing,
    chain financing, ijarah atas aset, dan ijarah                       ijarah on assets, and multi-services ijarah.
    multijasa.

    Biaya yang masih harus dibayar terdiri dari                         Accrued expenses consist of reserves on network,
    cadangan    yang   dibentuk   untuk jaringan,                       ATM maintenance fees and OJK’s contribution.
    pemeliharaan ATM dan iuran OJK.

    Dana kebajikan terdiri dari dana sosial yang                         Qardhul hasan funds consists of social funds
    berasal dari denda/penalti, transaksi yang tidak                     originating from fines/penalties, transactions that
    sesuai dengan prinsip syariah serta infaq dan                        are not in accordance with sharia principles and
    shadaqah yang berasal dari E-Channel. Infaq dan                      infaq and shadaqah originating from E-Channel.
    shadaqah adalah harta yang diberikan secara                          Infaq and shadaqah are assets that are given
    sukarela oleh pemiliknya, baik yang peruntukannya                    voluntarily by the owners, whether the use is
    dibatasi (ditentukan) maupun tidak dibatasi.                         limited (determined) or not.

    Lainnya terdiri dari rekening penampungan                            Others consist of escrow account for financing
    angsuran pembiayaan, kewajiban kepada pihak                          installment, liabilities to third parties, administrative
    ketiga, rekening administrasi, perantara hasil kliring               accounts, clearance intermediaries and others.
    dan lainnya.


24. GIRO MUDHARABAH                                                 24. MUDHARABAH DEMAND DEPOSITS

                                                   2024                 2023

    Pihak ketiga - Bukan Bank                                                                          Third parties - Non-Bank
      Rupiah                                        14,048,692          11,204,495                                      Rupiah
      Dolar Amerika Serikat                          3,309,434           3,412,905                         United States Dollar
      Riyal Arab Saudi                                  16,504             154,655                         Saudi Arabian Riyal
                                                    17,374,630          14,772,055
    Pihak berelasi (Catatan 44)                                                                        Related parties (Note 44)
      Rupiah                                        10,444,013            8,336,606                                    Rupiah
      Dolar Amerika Serikat                          9,369,876            9,245,205                        United States Dollar
                                                    19,813,889          17,581,811
    Pihak ketiga - Bank                                                                                      Third parties - Bank
      Rupiah                                               47,282            63,394                                      Rupiah
                                                    37,235,801          32,417,260

    Giro mudharabah merupakan investasi dana                            Mudharabah demand deposits is a current
    nasabah yang penarikannya dapat dilakukan                           accounts product in which investor’s fund can be
    sesuai kesepakatan dengan menggunakan cek,                          withdrawn by check, bank guarantee and other
    bank garansi, dan sarana perintah pembayaran                        payment instruction method.
    lainnya.




                                                    Halaman - 85 - Page
Page 624
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                   31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)            (Expressed in millions of Rupiah, unless otherwise stated)

24. GIRO MUDHARABAH (lanjutan)                                      24. MUDHARABAH DEMAND DEPOSITS (continued)

    Kisaran tingkat bagi hasil untuk giro mudharabah                     The range rate of profit sharing for mudharabah
    per tahun adalah sebagai berikut:                                    demand deposits per annum are as follows:

                                                   2024                 2023

    Rupiah                                       2.28% - 3.37%       3.15% - 3.97%                                     Rupiah
    Dolar Amerika Serikat                        0.18% - 5.25%       0.13% - 5.64%                         United States Dollar


25. TABUNGAN MUDHARABAH                                             25. MUDHARABAH SAVINGS DEPOSITS

                                                   2024                 2023

    Pihak ketiga - Bukan Bank                                                                        Third parties - Non-Bank
      Rupiah                                        84,255,566          76,907,691                                    Rupiah
      Dolar Amerika Serikat                            622,815             600,712                       United States Dollar
                                                    84,878,381          77,508,403
    Pihak berelasi (Catatan 44)                                                                      Related parties (Note 44)
      Rupiah                                           374,864             191,590                                   Rupiah
      Dolar Amerika Serikat                                904                  77                       United States Dollar
                                                       375,768             191,667
    Pihak ketiga - Bank                                                                                   Third parties - Bank
      Rupiah                                           536,509             580,115                                    Rupiah
                                                    85,790,658          78,280,185

    Tabungan mudharabah merupakan simpanan dana                          Mudharabah savings deposits represent deposits
    pihak ketiga yang mendapatkan imbalan bagi hasil                     from third parties who are entitled to receive a
    dari pendapatan Bank atas penggunaan dana                            share in the revenue derived by the Bank from the
    tersebut dengan nisbah yang ditetapkan dan                           use of such funds based on a predetermined
    disetujui sebelumnya.                                                nisbah.

    Kisaran tingkat bagi hasil untuk tabungan                            The range rate of profit sharing for mudharabah
    mudharabah per tahun adalah sebagai berikut:                         savings deposits per annum are as follows:

                                                   2024                 2023

    Rupiah                                       0.51% - 0.70%       0.66% - 0.69%                                     Rupiah
    Dolar Amerika Serikat                        0.22% - 0.23%               0.23%                         United States Dollar


26. DEPOSITO MUDHARABAH                                             26. MUDHARABAH TIME DEPOSITS

    a. Berdasarkan mata uang                                            a. By currency

                                                   2024                 2023
         Bukan Bank                                                                                                 Non-Bank
           Pihak ketiga                                                                                        Third parties
           Rupiah                                   86,394,238          85,358,012                                   Rupiah
           Dolar Amerika Serikat                     6,066,433           2,134,032                       United States Dollar
           Riyal Arab Saudi                              1,212                   -                       Saudi Arabian Riyal

                                                    92,461,883          87,492,044
           Pihak berelasi (Catatan 44)                                                             Related parties (Note 44)
           Rupiah                                   36,862,143          27,472,220                                   Rupiah
           Dolar Amerika Serikat                     1,260,326             883,832                       United States Dollar

                                                    38,122,469          28,356,052
         Bank                                                                                                            Bank
           Pihak ketiga                                                                                        Third parties
           Rupiah                                          94,515          136,693                                   Rupiah

                                                   130,678,867         115,984,789




                                                    Halaman - 86 - Page
Page 625
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                  31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

26. DEPOSITO MUDHARABAH (lanjutan)                                  26. MUDHARABAH TIME DEPOSITS (continued)

    b.   Berdasarkan jangka waktu                                          b. By period

                                                   2024                    2023
         Rupiah                                                                                                         Rupiah
           1 bulan                                  64,708,025             62,075,237                                 1 month
           3 bulan                                  32,460,138             29,391,659                                3 months
           6 bulan                                  19,050,780             10,338,216                                6 months
           12 bulan                                  7,131,953             11,161,813                               12 months

                                                   123,350,896           112,966,925

         Dolar Amerika Serikat                                                                              United States Dollar
           1 bulan                                   6,099,471              1,736,093                                 1 month
           3 bulan                                     675,420                647,482                                3 months
           6 bulan                                     143,673                102,252                                6 months
           12 bulan                                    408,195                532,037                               12 months

                                                     7,326,759              3,017,864

         Riyal Arab Saudi                                                                                   Saudi Arabian Riyal
           1 bulan                                         1,212                     -                               1 month

                                                   130,678,867           115,984,789

    c.   Berdasarkan sisa umur jatuh tempo                                 c. By remaining period to maturity

                                                   2024                    2023
         Rupiah                                                                                                          Rupiah
           ≤ 1 bulan                                72,806,931             70,387,004                                ≤ 1 month
           > 1 - ≤ 3 bulan                          30,168,394             25,851,195                         > 1 - ≤ 3 months
           > 3 - ≤ 12 bulan                         20,375,571             16,728,726                        > 3 - ≤ 12 months

                                                   123,350,896           112,966,925
         Dolar Amerika Serikat                                                                              United States Dollar
           ≤ 1 bulan                                 6,446,277              2,254,257                                ≤ 1 month
           > 1 - ≤ 3 bulan                             466,066                265,355                         > 1 - ≤ 3 months
           > 3 - ≤ 12 bulan                            414,416                498,252                        > 3 - ≤ 12 months

                                                     7,326,759              3,017,864
         Riyal Arab Saudi                                                                                   Saudi Arabian Riyal
           ≤ 1 bulan                                       1,212                     -                              ≤ 1 month

                                                   130,678,867           115,984,789

    d.   Deposito mudharabah yang dijadikan jaminan                        d. Mudharabah time deposits that are used as
         atas piutang dan pembiayaan yang diberikan                           collateral for the Bank’s receivables and
         oleh Bank berjumlah Rp1.575.029 dan                                  financing amounted to Rp1,575,029 and
         Rp1.369.418, masing-masing pada tanggal                              Rp1,369,418, as at 31 December 2024 and
         31 Desember 2024 dan 2023.                                           2023, respectively.

    e.   Deposito mudharabah merupakan investasi                   b.      e. Mudharabah time deposits represent third
         pihak lain yang mendapatkan imbalan bagi                             parties’ investments which are entitled to
         hasil dari pendapatan Bank atas penggunaan                           receive a share in the income derived by the
         dana tersebut dengan nisbah yang ditetapkan                          Bank from the use of such funds based on a
         dan disetujui sebelumnya.                                            predetermined and previously approved nisbah.

    f.   Kisaran tingkat bagi hasil untuk deposito                         f.   The range rate of profit sharing for mudharabah
         mudharabah per tahun adalah sebagai berikut:                           time deposits per annum are as follows:

                                                   2024                    2023
         Rupiah                                  2.41% - 2.59%          2.48% - 2.55%                                    Rupiah
         Dolar Amerika Serikat                   0.21% - 0.23%          0.23% - 0.30%                        United States Dollar




                                                    Halaman - 87 - Page
Page 626
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)         (Expressed in millions of Rupiah, unless otherwise stated)

27. SUKUK MUDHARABAH SUBORDINASI                                 27. SUBORDINATED SUKUK MUDHARABAH

                                                   2024              2023
    Rupiah                                                                                                           Rupiah
      Pihak ketiga                                     140,000          175,000                              Third parties
      Pihak berelasi (Catatan 44)                       60,000           25,000                 Related parties (Note 44)
                                                       200,000          200,000

    Pada tanggal tanggal 15 Desember 2023, Bank                      On 15 December 2023, the Bank issued
    menerbitkan Sukuk Mudharabah Subordinasi                         Subordinated Sukuk Mudharabah Year 2023
    Tahun 2023 sebesar Rp200.000 dan akan jatuh                      amounting to Rp200,000 and is due on
    tempo pada tanggal 15 Desember 2028.                             15 December 2028.

    Selama     berlakunya      jangka     waktu  Sukuk               During the validity period of the BSI Subordinated
    Mudharabah Subordinasi BSI Tahun 2023 dan                        Sukuk Mudharabah Year 2023 and prior to
    sebelum dilunasinya semua dana sukuk dan bagi                    repayment of all sukuk funds and profit sharing, the
    hasil, Bank berkewajiban untuk: (i) menjaga rasio                Bank is obliged to: (i) maintain a Capital Adequacy
    Capital Adequacy Ratio (“CAR”) tidak kurang dari                 Ratio (“CAR”) ratio of not less than 12% (twelve
    12% (dua belas persen); (ii) memastikan bahwa                    percent); (ii) ensure that the 2023 Subordinated
    Sukuk Mudharabah Subordinasi Tahun 2023 ini                      Sukuk Mudharabah will not be owned by more than
    tidak akan dimiliki oleh lebih dari 49 (empat puluh              49 (fourty nine) investors; (iii) submit to the
    sembilan) investor; (iii) menyerahkan kepada agen                monitoring agency as follows: (a) A copy of the
    pemantau sebagai berikut: (a) Salinan dari laporan               report submitted to OJK including the level
    yang disampaikan kepada OJK termasuk laporan                     assessment report the bank's health, no later than
    hasil penilaian tingkat kesehatan bank, dalam                    5 (five) working days after the report handed over
    waktu selambat-lambatnya 5 (lima) hari kerja                     to the parties mentioned above. In case the
    setelah laporan tersebut diserahkan kepada pihak                 Monitoring Agent views necessary, based on the
    yang disebutkan di atas. Dalam hal Agen                          written request of the Monitoring Agent, the Bank is
    Pemantau      memandang        perlu,   berdasarkan              obliged submit to the Monitoring Agent additional
    permohonan Agen Pemantau secara tertulis, Bank                   documents relating to the above report (if any) no
    wajib menyampaikan kepada Agen Pemantau                          later than 10 (ten) working days after the date the
    dokumen-dokumen tambahan yang berkaitan                          application letter is received by the Bank; (b)
    dengan laporan tersebut di atas (apabila ada)                    Annual financial reports that have been audited by
    selambat lambatnya 10 (sepuluh) hari kerja setelah               a public accountant registered with the OJK and
    tanggal surat permohonan tersebut diterima oleh                  submitted to the Monitoring Agent within 5 (five)
    Bank; (b) Laporan keuangan tahunan yang telah                    working days after receiving the application letter
    diaudit oleh akuntan publik yang terdaftar di OJK                from the Monitoring Agent.
    dan disampaikan kepada Agen Pemantau dalam
    waktu 5 (lima) hari kerja setelah menerima surat
    permohonan dari Agen Pemantau.

    Seluruh dana hasil penerbitan Sukuk Mudharabah                   All funds from the issuance of Subordinated Sukuk
    Subordinasi Tahun 2023, akan dipergunakan oleh                   Mudharabah Year 2023 will be used by the Bank
    Bank untuk kegiatan usaha Bank dalam rangka                      for the Bank's business activities in order to
    memperkuat     struktur    permodalan   dengan                   strengthen its capital structure by calculating the
    memperhitungkan dana hasil penerbitan sebagai                    proceeds from the issuance as complementary
    modal pelengkap dan meningkatkan aset produktif                  capital and increasing the Bank’s productive
    Bank.                                                            assets.

    Sukuk Mudharabah Subordinasi Tahun 2023 ini                      This Subordinated Sukuk Mudharabah Year 2023
    diterbitkan tanpa warkat, kecuali Sertifikat Jumbo               is issued without script, except for the
    Sukuk Mudharabah Subordinasi yang diterbitkan                    Subordinated     Sukuk     Mudharabah       Jumbo
    atas nama PT Kustodian Sentral Efek Indonesia                    Certificate which is issued in the name of PT
    (“KSEI”) sebagai bukti kepemilikan Efek Syariah                  Kustodian Sentral Efek Indonesia ("KSEI") as proof
    untuk kepentingan Pemegang Sukuk Mudharabah                      of ownership of Sharia Securities for the benefit of
    Subordinasi. Sukuk Mudharabah Subordinasi                        the Subordinated Sukuk Mudharabah Holders. The
    Tahun 2023 diterbitkan dengan peringkat idAA(sy)                 Subordinated Sukuk Mudharabah Year 2023 is
    (Double A Sharia) yang diperoleh dari agen                       issued with idAA(sy) (Double A Sharia) rating
    pemeringkat efek PT Pefindo pada tanggal                         which was obtained from the securities rating
    23 Februari 2024.                                                agency PT Pefindo on 23 February 2024.




                                                    Halaman - 88 - Page
Page 627
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                   31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)            (Expressed in millions of Rupiah, unless otherwise stated)

27. SUKUK MUDHARABAH SUBORDINASI (lanjutan)                         27. SUBORDINATED            SUKUK       MUDHARABAH
                                                                        (continued)

    Pendapatan bagi hasil yang dihitung berdasarkan                     Profit sharing income is calculated based on the
    perkalian antara nisbah bagi hasil Pemegang                         multiplication of the profit sharing nisbah of
    Sukuk Mudharabah Subordinasi, dimana besarnya                       Subordinated Sukuk Mudharabah Holders, where
    nisbah adalah 88,55% dari pendapatan yang                           the ratio is 88.55% of the revenue shared with an
    dibagihasilkan dengan indikasi bagi hasil sebesar                   indication of profit sharing equivalent to 7.90% per
    ekuivalen 7,90% per tahun. Jangka waktu Sukuk                       year. The term of the Subordinated Sukuk
    Mudharabah Subordinasi Tahun 2023 adalah 5                          Mudharabah Year 2023 is 5 (five) years from the
    (lima) tahun terhitung sejak tanggal penerbitan.                    issuance     date.     This   Subordinated     Sukuk
    Sukuk Mudharabah Subordinasi Tahun 2023 ini                         Mudharabah Year 2023 is offered at a value of
    ditawarkan dengan nilai 100% dari jumlah dana                       100% of the amount of Subordinated Mudharabah
    Sukuk Mudharabah Subordinasi. Pendapatan bagi                       Sukuk funds. Profit sharing income is paid every
    hasil dibayarkan setiap triwulan, sesuai dengan                     quarter, according to the payment date of profit
    tanggal pembayaran pendapatan bagi hasil.                           sharing income.

    Bertindak sebagai wali amanat Sukuk Mudharabah                      Acting as trustee of the 2023 BSI Subordinated
    Subordinasi BSI Tahun 2023 adalah PT Bank                           Sukuk Mudharabah is PT Bank Negara Indonesia
    Negara Indonesia (Persero) Tbk.                                     (Persero) Tbk.


28. SUKUK MUDHARABAH DITERBITKAN                                    28. ISSUED MUDHARABAH SUKUK

    Sukuk mudharabah diterbitkan terdiri dari:                           Issued mudharabah sukuk consist of:

                                                   2024                 2023

    Sukuk mudharabah muqayyadah                         18,563                 3,608           Sukuk mudharabah muqayyadah
    Sukuk keberlanjutan                              3,000,000                     -                      Sustainability sukuk

                                                     3,018,563                 3,608

    Sukuk Mudharabah Muqayyadah                                         Sukuk Mudharabah Muqayyadah

                                                   2024                 2023

    Rupiah                                                                                                             Rupiah
      Pihak Ketiga                                         18,563              3,608                          Third Parties

    Pada tanggal 26 Juni 2023, Bank telah                               On 26 June 2023, the Bank issued Long Term
    menerbitkan Sukuk Mudharabah Muqayyadah                             Mudharabah Muqayyadah Sukuk Conducted
    Jangka Panjang yang Dilakukan Tanpa Melalui                         Without Through Public Offering I PT Bank BSI Tbk
    Penawaran Umum I PT Bank BSI Tbk Tahun 2023                         Year 2023 Phase I ("Sukuk Mudharabah
    Tahap I (“Sukuk Mudharabah Muqayyadah I Tahap                       Muqayyadah I Phase I") with a nominal value of
    I”) dengan nilai nominal sebesar Rp3.759. Pada                      IDR 3,759. On 26 March 2024, the Bank re-issued
    tanggal 26 Maret 2024, Bank menerbitkan kembali                     the Long-Term Mudharabah Muqayyadah Sukuk
    Sukuk Mudharabah Muqayyadah Jangka Panjang                          Conducted Without Through Public Offering I PT
    yang Dilakukan Tanpa Melalui Penawaran Umum I                       Bank BSI Tbk Year 2023 Phase II ("Sukuk
    PT Bank BSI Tbk Tahun 2023 Tahap II (“Sukuk                         Mudharabah Muqayyadah I Phase II") with a
    Mudharabah Muqayyadah I Tahap II”) dengan nilai                     nominal value of Rp7,762. On 20 December 2024,
    nominal sebesar Rp7.762. Pada tanggal 20                            the Bank re-issued the Long-Term Mudharabah
    Desember 2024, Bank menerbitkan kembali Sukuk                       Muqayyadah Sukuk Conducted Without Through
    Mudharabah Muqayyadah Jangka Panjang yang                           Public Offering I PT Bank BSI Tbk Year 2023
    Dilakukan Tanpa Melalui Penawaran Umum I                            Phase III ("Sukuk Mudharabah Muqayyadah I
    PT Bank BSI Tbk Tahun 2023 Tahap III (“Sukuk                        Phase III") with a nominal value of Rp7,969. The
    Mudharabah Muqayyadah I Tahap III”) dengan nilai                    total ceiling for Muqayyadah Mudharabah Sukuk
    nominal sebesar Rp7,969. Total plafon penerbitan                    issuance is Rp100,000. The respective nisbah are
    Sukuk Mudharabah Muqayyadah adalah sebesar                          36.34% and 20%, which is indicated at 0.55% per
    Rp100.000. Besarnya nisbah masing-masing                            year. Sukuk funds and profit sharing are paid every
    adalah sebesar 36,34% dan 20% yang                                  3 (three) months and will mature on 26 December
    diindikasikan sebesar 0,55% per tahun. Dana                         2035, 26 June 2036 and 20 December 2036,
    sukuk dan bagi hasil dibayarkan setiap 3 (tiga)                     respectively.
    bulan dan masing-masing akan jatuh tempo pada
    tanggal 26 Desember 2035, 26 Juni 2036 dan
    20 Desember 2036.


                                                    Halaman - 89 - Page
Page 628
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)         (Expressed in millions of Rupiah, unless otherwise stated)

28. SUKUK MUDHARABAH DITERBITKAN (lanjutan)                      28. ISSUED MUDHARABAH SUKUK (continued)

    Sukuk Mudharabah Muqayyadah (lanjutan)                           Sukuk Mudharabah Muqayyadah (continued)

    Penerbitan sukuk tersebut dilakukan dalam rangka                  The issuance of the sukuk was carried out in the
    kerjasama antara Bank dengan BP Tapera selaku                     context of cooperation between the Bank and BP
    investor tunggal dimana BSI ditunjuk sebagai Bank                 Tapera as the sole investor where BSI was
    Penyalur KPR Tapera Syariah kepada peserta BP                     appointed as the Bank that distributes Tapera
    Tapera. Skema kerjasama tersebut diatur pada                      Syariah KPR to BP Tapera participants. This
    Undang-Undang No. 4 Tahun 2016 dan Peraturan                      cooperation scheme is regulated in Law No. 4 Year
    Pemerintah No. 25 Tahun 2020 perihal                              2016 and Government Regulation No. 25 Year
    penyelenggaraan tabungan perumahan rakyat.                        2020 concerning the implementation of public
                                                                      housing savings.

    Sukuk Keberlanjutan                                              Sustainability Sukuk
                                                   2024              2023

    Rupiah                                                                                                             Rupiah
      Pihak ketiga                                   2,634,500                   -                             Third parties
      Pihak berelasi (Catatan 44)                      365,500                   -                Related parties (Note 44)

                                                     3,000,000                   -

    Pada tanggal 7 Juni 2024, Bank mendapatkan                       On 7 June 2024, the Bank received an effective
    surat pernyataan efektif pendaftaran PT Bank                     registration statement letter of PT Bank Syariah
    Syariah Indonesia Tbk atas Penawaran Umum                        Indonesia Tbk for the Continuous Public Offering of
    Berkelanjutan Sukuk Mudharabah Berlandaskan                      Continuous Sustainability Sukuk Mudharabah I
    Keberlanjutan Berkelanjutan I Bank BSI Tahap I                   Bank BSI Phase I Year 2024 from OJK No.
    Tahun 2024 dari OJK No. S.64/D.04/2024.                          S.64/D.04/2024.

    Sukuk Mudharabah Berlandaskan Keberlanjutan                       The Continuous Sustainability Sukuk Mudharabah I
    Berkelanjutan I Bank BSI Tahap I Tahun 2024 ini                   Bank BSI Phase I Year 2024 was issued without
    diterbitkan tanpa warkat, kecuali Sertifikat Jumbo                script, except for the Sukuk Mudharabah Jumbo
    Sukuk Mudharabah yang diterbitkan untuk                           Certificate which was issued to be registered in the
    didaftarkan atas nama KSEI sebagai bukti                          name of KSEI as proof of ownership for the benefit
    kepemilikan untuk kepentingan pemegang sukuk                      of the sukuk mudharabah holders. The Continuous
    mudharabah. Sukuk Mudharabah Berlandaskan                         Sustainability Sukuk Mudharabah I Bank BSI
    Keberlanjutan Berkelanjutan I Bank BSI Tahap I                    Phase I Year 2024 was issued with a rating of
    Tahun 2024 diterbitkan dengan peringkat                           idAAA(sy) (Triple A Sharia).
    idAAA(sy) (Triple A Sharia).

    Jumlah dana Sukuk Mudharabah Berlandaskan                         The amount of Continuous Sustainability Sukuk
    Keberlanjutan Berkelanjutan I Bank BSI Tahap I                    Mudharabah I Bank BSI Phase I Year 2024 is
    Tahun 2024 sebesar Rp3.000.000, yang terdiri dari:                Rp3,000,000, consisting of:
    -  Sukuk Mudharabah Seri A dengan jumlah                          -  Series A Sukuk Mudharabah with total
       dana sukuk mudharabah sebesar Rp1.700.000                         mudharabah sukuk funds of Rp1,700,000 with
       dengan jangka waktu 370 hari kalender sejak                       a term of 370 calendar days from the issuance
       tanggal emisi dan akan jatuh tempo pada                           date and will mature on 24 June 2025;
       tanggal 24 Juni 2025;
    -  Sukuk Mudharabah Seri B dengan jumlah                          -     Series B Sukuk Mudharabah with total
       dana sukuk mudharabah sebesar Rp220.000                              mudharabah sukuk funds of Rp220,000 with a
       dengan jangka waktu 2 (dua) tahun sejak                              term of 2 (two) years from the issuance date
       tanggal emisi dan akan jatuh tempo pada                              and will mature on 14 June 2026; and
       tanggal 14 Juni 2026; dan
    -  Sukuk Mudharabah Seri C dengan jumlah                          -     Series C Sukuk Mudharabah with total sukuk
       dana sukuk mudharabah sebesar Rp1.080.000                            mudharabah funds amounting to Rp1,080,000
       dengan jangka waktu 3 (tiga) tahun sejak                             with a term of 3 (three) years from the
       tanggal emisi dan akan jatuh tempo pada                              issuance date and will mature on 14 June
       tanggal 14 Juni 2027.                                                2027.

    Nisbah dan pendapatan bagi hasil Sukuk                            Nisbah and profit sharing income from Continuous
    Mudharabah         Berlandaskan     Keberlanjutan                 Sustainability Sukuk Mudharabah I Bank BSI
    Berkelanjutan I Bank BSI Tahap I Tahun 2024                       Phase I Year 2024 is grouped into:
    dikelompokkan menjadi:
    -    Sukuk Mudharabah Seri A: pendapatan bagi                     -     Mudharabah Sukuk Series A: mudharabah
         hasil sukuk mudharabah yang dihitung                               sukuk profit sharing income which is calculated
         berdasarkan perkalian antara nisbah bagi                           based on the multiplication of the profit sharing
         hasil, dimana besarnya nisbah pemegang                             nisbah, where the value of the sukuk holder's
         sukuk adalah sebesar 74,72% dan nisbah                             nisbah is 74.72% and the Bank's ratio is
         Bank adalah sebesar 25,28% dari pendapatan                         25.28% of the revenue shared with a profit
         yang dibagihasilkan dengan bagi hasil sebesar                      sharing equivalent of 6.65% per year;
         ekuivalen 6,65% per tahun;

                                                    Halaman - 90 - Page
Page 629
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)         (Expressed in millions of Rupiah, unless otherwise stated)

28. SUKUK MUDHARABAH DITERBITKAN                                 28. ISSUED MUDHARABAH SUKUK

    Sukuk Keberlanjutan (lanjutan)                                   Sustainability Sukuk (continued)

    Nisbah dan pendapatan bagi hasil Sukuk                            Nisbah and profit sharing income from Continuous
    Mudharabah         Berlandaskan     Keberlanjutan                 Sustainability Sukuk Mudharabah I Bank BSI
    Berkelanjutan I Bank BSI Tahap I Tahun 2024                       Phase I Year 2024 is grouped into: (continued)
    dikelompokkan menjadi: (lanjutan)
    -    Sukuk Mudharabah Seri B: pendapatan bagi                     -     Series B Mudharabah Sukuk: mudharabah
         hasil sukuk mudharabah yang dihitung                               sukuk profit sharing income which is calculated
         berdasarkan perkalian antara nisbah bagi                           based on the multiplication of the profit sharing
         hasil, dimana besarnya nisbah pemegang                             nisbah, where the sukuk holder’s nisbah is
         sukuk adalah sebesar 75,29% dan nisbah                             75.29% and the Bank's nisbah is 24.71% of
         Bank adalah sebesar 24,71% dari pendapatan                         shared income with profit sharing equivalent to
         yang dibagihasilkan dengan bagi hasil sebesar                      6.70% per year; and
         ekuivalen 6,70% per tahun; dan
    -    Sukuk Mudharabah Seri C: pendapatan bagi                     -     Series C Mudharabah Sukuk: mudharabah
         hasil sukuk mudharabah yang dihitung                               sukuk profit sharing income which is calculated
         berdasarkan perkalian antara nisbah bagi                           based on the multiplication of the profit sharing
         hasil, dimana besarnya nisbah pemegang                             ratio, where the sukuk holder nisbah is 76.41%
         sukuk adalah sebesar 76,41% dan nisbah                             and the Bank's nisbah is 23.59% of shared
         Bank adalah sebesar 23,59% dari pendapatan                         income with a profit sharing equivalent of
         yang dibagihasilkan dengan bagi hasil sebesar                      6.80% per year.
         ekuivalen 6,80% per tahun.

    Dana yang diperoleh dari hasil Penawaran Umum                     The funds obtained from the Continuous Public
    Berkelanjutan Sukuk Mudharabah Berlandaskan                       Offering of Continuous Sustainability Sukuk
    Keberlanjutan Berkelanjutan I Bank BSI Tahap I                    Mudharabah I Bank BSI Phase I Year 2024, after
    Tahun 2024, setelah dikurangi dengan biaya-biaya                  deducting the issuance cost, will be used by the
    emisi terkait, akan digunakan Bank untuk                          Bank on the disbursement of new financing or
    penyaluran pembiayaan baru atau pun pembiayaan                    existing financing, either directly or indirectly, for
    yang sudah ada, baik langsung atau pun tidak                      activities included in the category of Environmental
    langsung, atas kegiatan-kegiatan yang termasuk                    Based Business Activity (“KUBL”) and Social
    dalam kategori Kegiatan Usaha Berwawasan                          Based Business Activity (“KUBS”) as regulated on
    Lingkungan (“KUBL”) dan Kegiatan Usaha                            POJK No. 18 Year 2023 concerning the Issuance
    Berwawasan Sosial (“KUBS”) sebagaimana diatur                     and Requirements of Sustainability Debt and
    dalam POJK No. 18 Tahun 2023 tentang                              Sukuk Securities, with a minimum portion of 30%
    Penerbitan dan Persyaratan Efek Bersifat Utang                    and a maximum portion of 50% for KUBL and a
    dan Sukuk Berlandaskan Keberlanjutan, dengan                      minimum portion of 50% and a maximum portion of
    porsi minimal sebesar 30% dan maksimal sebesar                    70% for KUBS.
    50% untuk KUBL serta minimal 50% dan maksimal
    70% untuk KUBS.

    Bertindak sebagai wali amanat Sukuk Mudharabah                    Acting as trustee of Continuous Sustainability
    Berlandaskan Keberlanjutan Berkelanjutan I Bank                   Sukuk Mudharabah I Bank BSI Phase I Year 2024
    BSI Tahap I Tahun 2024 adalah PT Bank                             is PT Bank Tabungan Negara (Persero) Tbk.
    Tabungan Negara (Persero) Tbk.


29. PEMBIAYAAN BERJANGKA MUDHARABAH                              29. MUDHARABAH TERM FINANCING

                                                   2024              2023
    Pihak ketiga                                                                                                Third parties
       Rupiah                                        1,000,000            776,250                                 Rupiah

    Per 31 Desember 2023, Bank memiliki fasilitas line               As at 31 December 2023, the Bank had a
    pembiayaan berjangka mudharabah sebesar                          mudharabah term financing line facility amounting
    USD100.000.000 (nilai penuh) dari PT Bank                        to USD100,000,000 (full amount) from PT Bank
    Maybank     Indonesia  Tbk  sampai        dengan                 Maybank Indonesia Tbk to 29 February 2024.
    29 Februari 2024.




                                                    Halaman - 91 - Page
Page 630
                                                  PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                       (Expressed in millions of Rupiah, unless otherwise stated)

29. PEMBIAYAAN             BERJANGKA           MUDHARABAH                       29. MUDHARABAH TERM FINANCING (continued)
    (lanjutan)

    Per 31 Desember 2024, Bank memiliki fasilitas line                                 As at 31 December 2024, the Bank obtained a
    pembiayaan berjangka mudharabah sebesar                                            mudharabah term financing line facility amounting
    USD95.000.000 (nilai penuh) dari PT Bank                                           to USD95,000,000 (full amount) from PT Bank
    Maybank Indonesia Tbk dengan jangka waktu                                          Maybank Indonesia Tbk with facility period from
    fasilitas dari 21 Februari 2024 sampai dengan                                      21 February 2024 to 21 February 2025.
    21 Februari 2025.

    Nisbah   bagi   hasil pembiayaan berjangka                                         The profit sharing rate of the mudharabah term
    mudharabah sebesar 0,59% per tahun untuk tahun                                     financing is 0.59% per annum for the year ended
    yang berakhir 31 Desember 2024 dan 0,40%                                           31 December 2024 and 0.40% to 0.42% per annum
    sampai dengan 0,42% per tahun untuk tahun yang                                     for the year ended 31 December 2023. There is no
    berakhir 31 Desember 2023. Tidak terdapat                                          collateral pledged for this facility.
    agunan yang dijaminkan untuk fasilitas ini.


30. EKUITAS                                                                     30. EQUITY

    Modal Saham                                                                        Share Capital

    Susunan pemegang saham Bank adalah sebagai                                         The composition of the Bank’s shareholders are as
    berikut:                                                                           follows:

                                                                   31 Desember/December 2024
                                           Jumlah saham
                                          ditempatkan dan
                                           disetor penuh
                                            (nilai penuh)/
                                          Amount of issued             Persentase           Jumlah modal
                                           and fully-paid              pemilikan/            (nilai penuh)/
                                            share capital              Ownership               Amount of
    Pemegang Saham                          (full amount)              percentage         capital (full amount)                        Shareholders
    Modal Dasar                                                                                                                  Authorised Capital
      Saham Seri A Dwiwarna                                1                   0.00%                       500            Series A Dwiwarna share
      Saham biasa Seri B                      79,999,999,999                 100.00%        39,999,999,999,500            Series B common shares
    Modal Ditempatkan dan Disetor Penuh                                                                                Issued and Fully Paid Capital
      Saham Seri A Dwiwarna                                                                                              Series A Dwiwarna share
      Negara Republik Indonesia                              1                 0.00%                        500               Republic of Indonesia
       Saham biasa Seri B                                                                                               Series B common shares
       PT Bank Mandiri (Persero) Tbk          23,740,608,436                  51.47%        11,870,304,218,000      PT Bank Mandiri (Persero) Tbk
       PT Bank Negara Indonesia                                                                                         PT Bank Negara Indonesia
          (Persero) Tbk                       10,720,230,418                  23.24%           5,360,115,209,000                   (Persero)Tbk
       PT Bank Rakyat Indonesia                                                                                         PT Bank Rakyat Indonesia
          (Persero) Tbk                        7,092,761,655                  15.38%           3,546,380,827,500                  (Persero) Tbk
       Dewan Komisaris:                                                                                                  Board of Commissioners:
          Suyanto                                  1,086,400                   0.00%                543,200,000                         Suyanto
          Masduki Baidlowi                         1,086,400                   0.00%                543,200,000               Masduki Baidlowi
          Fauzi                                      115,000                   0.00%                 57,500,000                            Fauzi
          Abu Rokhmad                                163,500                   0.00%                 81,750,000                   Abu Rokhmad
       Direksi:                                                                                                                Board of Directors:
          Hery Gunardi                             3,354,400                   0.01%               1,677,200,000                   Hery Gunardi
          Bob Tyasika Ananta                       1,134,400                   0.00%                 567,200,000            Bob Tyasika Ananta
          Ade Cahyo Nugroho                        2,280,100                   0.00%               1,140,050,000            Ade Cahyo Nugroho
          Anton Sukarna                            2,280,100                   0.00%               1,140,050,000                 Anton Sukarna
          Tribuana Tunggadewi                      2,280,100                   0.00%               1,140,050,000          Tribuana Tunggadewi
          Zaidan Novari                            1,071,400                   0.00%                 535,700,000                  Zaidan Novari
          Saladin D. Effendi                         343,100                   0.00%                 171,550,000              Saladin D. Effendi
          Grandhis Helmi Harumansyah                 343,100                   0.00%                 171,550,000   Grandhis Helmi Harumansyah
          Ari Rizaldi                                 13,400                   0.00%                   6,700,000                      Ari Rizaldi
       Masyarakat                              4,560,108,228                   9.90%           2,280,054,114,000                             Public
                                              46,129,260,138                 100.00%        23,064,630,069,000




                                                                 Halaman - 92 - Page
Page 631
                                                  PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                       (Expressed in millions of Rupiah, unless otherwise stated)

30. EKUITAS (lanjutan)                                                          30. EQUITY (continued)

    Modal Saham (lanjutan)                                                             Share Capital (continued)
                                                                   31 Desember/December 2023
                                           Jumlah saham
                                          ditempatkan dan
                                           disetor penuh
                                            (nilai penuh)/
                                          Amount of issued             Persentase            Jumlah modal
                                           and fully-paid              pemilikan/             (nilai penuh)/
                                            share capital              Ownership                Amount of
    Pemegang Saham                          (full amount)              percentage          capital (full amount)                        Shareholders
    Modal Dasar                                                                                                                  Authorised Capital
      Saham Seri A Dwiwarna                                1                   0.00%                       500            Series A Dwiwarna share
      Saham biasa Seri B                      79,999,999,999                 100.00%        39,999,999,999,500            Series B common shares
    Modal Ditempatkan dan Disetor Penuh                                                                                Issued and Fully Paid Capital
      Saham Seri A Dwiwarna                                                                                              Series A Dwiwarna share
      Negara Republik Indonesia                              1                 0.00%                        500               Republic of Indonesia
       Saham biasa Seri B                                                                                               Series B common shares
       PT Bank Mandiri (Persero) Tbk          23,740,608,436                  51.47%        11,870,304,218,000       PT Bank Mandiri (Persero) Tbk
       PT Bank Negara Indonesia                                                                                         PT Bank Negara Indonesia
          (Persero) Tbk                       10,720,230,418                  23.24%           5,360,115,209,000                    (Persero)Tbk
       PT Bank Rakyat Indonesia                                                                                          PT Bank Rakyat Indonesia
          (Persero) Tbk                        7,092,761,655                  15.38%           3,546,380,827,500                   (Persero) Tbk
       Dewan Komisaris:                                                                                                   Board of Commissioners:
          Sutanto                                  1,010,100                   0.00%                505,050,000                          Sutanto
          Suyanto                                    822,700                   0.00%                411,350,000                          Suyanto
          Masduki Baidlowi                           822,700                   0.00%                411,350,000                 Masduki Baidlowi
          Imam Budi Sarjito                          822,700                   0.00%                411,350,000                Imam Budi Sarjito
       Direksi:                                                                                                                  Board of Directors:
          Hery Gunardi                             2,210,600                   0.00%               1,105,300,000                    Hery Gunardi
          Bob Tyasika Ananta                         548,400                   0.00%                 274,200,000            Bob Tyasika Ananta
          Ngatari                                 18,621,200                   0.04%               9,310,600,000                          Ngatari
          Zaidan Novari                              517,900                   0.00%                 258,950,000                   Zaidan Novari
          Anton Sukarna                            1,726,600                   0.00%                 863,300,000                  Anton Sukarna
          Tribuana Tunggadewi                      1,726,600                   0.00%                 863,300,000           Tribuana Tunggadewi
          Ade Cahyo Nugroho                        1,726,600                   0.00%                 863,300,000            Ade Cahyo Nugroho
          Moh. Adib                                  527,400                   0.00%                 263,700,000                       Moh. Adib
       Masyarakat                              4,544,576,128                   9.87%           2,272,288,064,000                             Public
                                              46,129,260,138                 100.00%        23,064,630,069,000


    Saham Seri A Dwiwarna adalah saham yang                                            Series A Dwiwarna share is share that is specially
    dimiliki khusus oleh Negara Republik Indonesia                                     owned by the Republic of Indonesia which grants
    yang memberikan hak istimewa sebagai berikut:                                      the following special rights:
    • menyetujui dalam Rapat Umum Pemegang                                             • approve in the General Meeting of Shareholders
      Saham       (“RUPS”)    mengenai   perubahan                                        (“GMS”) regarding changes to the Articles of
      Anggaran Dasar, perubahan permodalan,                                               Association, changes in capital, mergers,
      penggabungan,        peleburan,   pemisahan,                                        consolidations, separations, dissolution and
      pembubaran, serta pengambilalihan Bank oleh                                         acquisitions of the Bank by other companies;
      perusahaan lain;
    • menetapkan pedoman terkait pengembangan                                          • establish guidelines related to the Bank's organic
      strategis Bank secara organik maupun                                               and non-organic strategic development;
      nonorganik;
    • mengusulkan penyelenggaraan RUPS dan mata                                        • propose the arrangement of the GMS and
      acara RUPS; dan                                                                    agenda of the GMS; and
    • meminta dan mengakses data dan dokumen                                           • request and access data and documents of the
      Bank.                                                                              Bank.

    Pelaksanaan hak-hak istimewa pemegang saham                                        The exercise of the special rights of Series A
    Seri A Dwiwarna dapat dikuasakan kepada                                            Dwiwarna shareholders can be delegated to the
    pemegang saham pengendali Seri B terbanyak,                                        majority controlling shareholder of Series B, except
    kecuali pelaksanaan hak terkait persetujuan atas                                   for the exercise of rights related to the approval for
    penggabungan,       peleburan,       pemisahan,                                    mergers, consolidations, separations, dissolution
    pembubaran serta pengambilalihan Bank oleh                                         and acquisitions of the Bank by other companies.
    perusahaan lain.

    Saham biasa Seri B adalah saham biasa atas                                         Series B common shares are ordinary shares
    nama yang dapat dimiliki oleh Negara Republik                                      which can be owned by the Republic of Indonesia
    Indonesia dan/atau masyarakat. Pemegang Saham                                      and/or the public. Series B Shareholders have the
    Seri B mempunyai hak memberikan suara dimana                                       right to vote in which each one share has the right
    setiap satu saham berhak memberikan satu hak                                       to give one voting right.
    suara.




                                                                 Halaman - 93 - Page
Page 632
                                                 PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                     NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                       31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                (Expressed in millions of Rupiah, unless otherwise stated)

30. EKUITAS (lanjutan)                                                   30. EQUITY (continued)

    Saldo laba - Telah ditentukan penggunaannya                               Retained earnings - Appropriated (General
    (Cadangan Umum)                                                           Reserves)

    Cadangan umum pada awalnya dibentuk dalam                                 The general reserves are originally provided in
    rangka memenuhi ketentuan Undang-Undang                                   accordance with Law No. 1/1995 article 61
    No. 1/1995 Pasal 61 ayat (1) mengenai Perseroan                           paragraph (1) on Limited Liability Company (later
    Terbatas (kemudian diganti dengan Undang-                                 superseded by Limited Liability Company Law No.
    Undang Perseroan Terbatas No. 40/2007), yang                              40/2007), which requires Indonesian companies to
    mengharuskan perusahaan Indonesia untuk                                   set up a general and legal reserve amounting to at
    membuat penyisihan cadangan umum dan wajib                                least 20% of the issued and paid-in capital. This
    sebesar sekurang-kurangnya 20% dari jumlah                                particular law does not regulate the period of time
    modal yang ditempatkan dan disetor penuh.                                 in relation to the provision of such reserves.
    Undang-Undang tersebut tidak mengatur jangka
    waktu untuk pembentukan penyisihan tersebut.

    Sesuai Akta Keputusan Rapat Umum Pemegang                                 Deed of Decision of the General Meeting of
    Saham PT Bank Syariah Indonesia Tbk Tahun                                 Shareholders of PT Bank Syariah Indonesia Tbk
    2022 No. 45 tanggal 22 Mei 2023 dan Tahun 2021                            Year 2022 No. 45 dated 22 May 2023 and Year
    No. 155 tanggal 27 Mei 2022, pemegang saham                               2021 No. 155 dated 27 May 2022, shareholders
    menyetujui distribusi laba bersih untuk tahun yang                        approved the distribution of net profit for the year
    berakhir pada tanggal-tanggal 31 Desember 2023                            ended 31 December 2023 and 2022, with the
    dan 2022, dengan penggunaan sebagai berikut:                              following usage:

                                                        2023                 2022

    Laba ditahan                                          3,707,433            2,982,128                            Retained earnings
    Pembagian dividen                                       855,561              426,018                              Dividend-share
    Cadangan umum                                         1,140,749              852,036                             General reserves
                                                          5,703,743            4,260,182

    Tambahan Modal Disetor                                                   Additional Paid-in Capital

    Perubahan tambahan             modal      disetor   adalah                The movements in additional paid-in capital are as
    sebagai berikut:                                                          follows:

    Saldo pada tanggal 1 Januari 2021                                         -                          Balance as at 1 January 2021
    Agio saham dari penggabungan usaha                                    3,237                                Agio shares from merger
    Imbalan bersih yang secara efektif                                                                     Net consideration effectively
      dialihkan dalam akuisisi terbalik                               (5,374,061)                 transferred in reverse acquisition
    Penyesuaian yang timbul dari akuisisi terbalik                                            Adjustment arising from reverse acquisition
      untuk mencerminkan modal menurut hukum                           (995,952)                     to reflect the Bank‘s legal capital

    Tambahan modal disetor                                                                                   Additional paid-in capital
      per 31 Desember 2021                                            (6,366,776)                        as at 31 December 2021

    Tambahan modal disetor akibat Penawaran                                                           Additional paid-in capital due to
      Umum Saham Terbatas pada tahun 2022                             2,499,976                     Limited Public Offering in 2022
    Biaya emisi penerbitan saham                                        (62,300)                                Share issuance costs

    Saldo akhir                                                       (3,929,100)                                       Ending balance


31. PENDAPATAN DARI JUAL BELI                                            31. INCOME FROM SALES AND PURCHASES

                                                        2024                 2023

    Murabahah                                            13,404,030          12,627,711                                     Murabahah
    Istishna                                                     25                  69                                        Istishna

                                                         13,404,055          12,627,780




                                                         Halaman - 94 - Page
Page 633
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                   31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)            (Expressed in millions of Rupiah, unless otherwise stated)

32. PENDAPATAN DARI BAGI HASIL                                      32. INCOME FROM PROFIT SHARING

                                                   2024                 2023

    Musyarakah                                       7,841,527            5,843,007                                  Musyarakah
    Mudharabah                                         159,677               97,479                                  Mudharabah

                                                     8,001,204            5,940,486


33. PENDAPATAN DARI IJARAH - BERSIH                                 33. INCOME FROM IJARAH - NET

                                                   2024                 2023

    Ijarah muntahiyah bittamlik - bersih               171,137              43,574               Ijarah muntahiyah bittamlik - net
    Ijarah multijasa - bersih                           20,987             111,872                      Multi-services ijarah - net

                                                       192,124             155,446

    Pendapatan Ijarah Muntahiyah Bittamlik (“IMBT”) -                   Income from Ijarah Muntahiyah Bittamlik (“IMBT”) -
    bersih merupakan pendapatan pokok dan margin                        net represents the principal and margin income
    IMBT setelah dikurangi beban penyusutan, dan                        from IMBT after deducting depreciation expenses
    penurunan nilai aset ijarah. Pendapatan ijarah                      and impairment of ijarah assets. Multi-services
    multijasa - bersih merupakan pendapatan ijarah                      ijarah income - net represents indirect ijarah
    tidak langsung atas margin dan pokok ijarah                         income from the principal and margin of multi-
    multijasa setelah dikurangi biaya yang dibayarkan                   services ijarah after deducting fees paid to the
    kepada pemberi jasa awal.                                           initial service provider.


34. PENDAPATAN USAHA UTAMA LAINNYA                                  34. OTHER MAIN OPERATING INCOME

                                                   2024                 2023


    Pendapatan dari investasi                                                                            Income from investments
      pada surat berharga                            3,086,500            3,012,345                     in marketable securities
    Pendapatan dari Deposito Berjangka                                                               Income from Bank Indonesia
      Syariah Bank Indonesia                           366,792             319,541                        Sharia Term Deposits
    Pendapatan atas penempatan                                                                Income from placement in Minimum
      Giro Wajib Minimum ("GWM")                       104,549             130,309    Statutory Reserve Requirement (“GWM”)
    Bagi hasil penempatan                                                                          Profit sharing from placements
      pada bank lain                                       76,109           24,086                               with other bank
    Bonus dari Sertifikat Bank                                                                        Bonus from Bank Indonesia
      Indonesia Syariah ("SBIS") dan                                                            Sharia Certificates ("SBIS") and
      Fasilitas Simpanan Bank                                                                   Bank Indonesia Sharia Deposit
      Indonesia Syariah ("FASBIS")                         66,870           41,750                         Facilities ("FASBIS")

                                                     3,700,820            3,528,031


35. HAK PIHAK KETIGA ATAS BAGI HASIL                                35. THIRD PARTIES’ SHARE ON RETURN
                                                   2024                 2023

    Deposito mudharabah                              5,539,666            4,148,029                  Mudharabah time deposits
    Giro mudharabah                                  1,100,295              791,764               Mudharabah demand deposits
    Tabungan mudharabah                                432,774              466,655               Mudharabah savings deposits
    PaSBI                                              368,533              221,325                                        PaSBI
    Dana pihak ketiga terikat                          180,666              119,316                  Restricted third party funds
    Sukuk keberlanjutan                                108,999                    -                         Sustainability sukuk
    SIMA dan SIKA                                       78,898               74,464                              SIMA and SIKA
    Pembiayaan berjangka mudharabah                     37,282               32,710                  Mudharabah term financing
    Musyarakah-mudharabah                                                                             Musyarakah-mudharabah
      musytarakah                                          20,576           21,003                               musytarakah
    Sukuk mudharabah subordinasi                           16,514          115,849              Subordinated sukuk mudharabah
    SIPA                                                    4,826            2,053                                           SIPA

                                                     7,889,029            5,993,168




                                                    Halaman - 95 - Page
Page 634
                                                  PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                     NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                       31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                (Expressed in millions of Rupiah, unless otherwise stated)

36. PENDAPATAN USAHA LAINNYA                                            36. OTHER OPERATING INCOME

    Pendapatan usaha lainnya terdiri dari:                                  Other operating income consists of:

                                                       2024                 2023*)

    Pendapatan imbalan jasa perbankan                                                       Fee based income from banking services
    Pendapatan rahn                                      1,001,349             727,749                               Income from rahn
    Pendapatan layanan internet banking                    414,190             314,155         Income from internet banking services
    Pendapatan transaksi Bancassurance                     343,480                   -      Income from Bancassurance transactions
    Pendapatan administrasi tabungan                                                                      Income from saving deposits
      dan giro                                            333,028              346,871         and demand deposits administration
    Pendapatan administrasi pembiayaan                    313,896              331,669           Income from financing administration
    Pendapatan administrasi dan komisi                                                                 Income from administration and
      selain pembiayaan                                   168,141              101,813              commission other than financing
    Pendapatan jasa pembayaran                            166,418              135,742                  Income from payment services
    Pendapatan transaksi ATM                              159,942              173,310                  Income from ATM transactions
    Pendapatan kartu Hasanah                              147,380              143,621                      Income from Hasanah Card
    Pendapatan komisi asuransi                            134,976              157,705             Income from insurance commission
    Pendapatan jasa ekspor impor                          127,598              105,916             Income from export import services
    Pendapatan pembiayaan sindikasi                        87,588               84,903                         Syndicated financing fee
    Pendapatan transaksi                                                                                           Income from foreign
      mata uang asing - bersih                                65,316            60,972                     exchange transaction - net
    Pendapatan jasa penjualan sukuk                                                              Income from service of sale of sukuk
      dan reksa dana                                          46,374            31,570                              and mutual funds
    Pendapatan transaksi remittance                           31,237            26,749            Income from remittance transactions
    Pendapatan ganti rugi                                                                                     Income from restructuring
      restrukturisasi (ta'widh)                            27,467               32,221                         compensation (ta'widh)
    Lainnya                                               109,982               95,808                                          Others

                                                         3,678,362            2,870,774

    Keuntungan investasi surat berharga                                                             Gain from marketable securities
    Keuntungan pelepasan surat berharga                   593,258               216,017       Gain on sale of marketable securities
    (Penurunan)/kenaikan nilai surat berharga                                          (Decrease)/increase in marketable securities
      diukur pada nilai wajar melalui laba rugi               (6,059)           26,093 measured at fair value through profit or loss

                                                          587,199              242,110

    Pendapatan lainnya                                                                                                      Other income
    Penerimaan kembali atas piutang dan
      pembiayaan yang telah                                                                    Subsequent recoveries of receivables
      dihapusbukukan                                     1,290,918            1,091,582                 and financing written-off

                                                         5,556,479            4,204,466

    Pendapatan imbalan jasa perbankan - lainnya                              Fee based income from banking services - others
    antara lain pendapatan atas wesel SKBDN,                                 are income from SKBDN bills, income from trust
    pendapatan trust receipt, pendapatan cetak                               receipt, income from bank statement printing, and
    rekening koran, dan pendapatan administrasi jasa                         fees for banking service administration fees.
    perbankan.


37. BEBAN GAJI DAN TUNJANGAN                                            37. SALARIES AND BENEFITS EXPENSES

    Beban gaji dan tunjangan terdiri dari:                                   Salaries and benefits consist of:

                                                       2024                 2023
    Gaji dan upah                                        3,862,690            3,776,223                              Salaries and wages
    Tunjangan karyawan                                     997,154              976,738                            Employee allowances
    Pendidikan dan pelatihan                               175,822              123,890                            Education and training
    Lainnya                                                248,470              158,364                                           Others
                                                         5,284,136            5,035,215

    Lainnya antara lain beban imbalan kerja dan beban                        Others are employee benefits expenses and
    kegiatan komunitas pegawai.                                              employee community activity expenses.

    *)                                                                                                        *)
         Direklasifikasi, lihat Catatan 53                                                                         Reclassified, see Note 53



                                                        Halaman - 96 - Page
Page 635
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                    31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)             (Expressed in millions of Rupiah, unless otherwise stated)

38. BEBAN UMUM DAN ADMINISTRASI                                      38. GENERAL AND ADMINISTRATIVE EXPENSES

    Beban umum dan administrasi terdiri dari:                            General and administrative expenses consist of:

                                                   2024                  2023

    Penyusutan aset tetap dan                                                                          Depreciation of fixed assets
       aset hak guna dan amortisasi                                                     and right-of-use assets and amortisation
       aset tidak berwujud (Catatan 14)              1,049,718              837,672                of intangible assets (Note 14)
    Beban promosi                                      902,652              679,093                            Promotion expenses
    Beban outsourcing                                  838,642              730,416                          Outsourcing expenses
    Beban penjaminan                                   599,218              530,276                          Underwriting expenses
    Beban komunikasi                                   396,939              301,509                       Communication expenses
    Beban sewa (Catatan 14)                            393,072              310,255                        Rent expenses (Note 14)
    Beban transportasi                                 284,183              220,052                        Transportation expenses
    Beban pemeliharaan dan perbaikan                   254,239              173,267            Service and maintenance expenses
    Beban jasa tenaga ahli                             196,396              161,460                     Professional fees expenses
    Beban pungutan OJK                                 192,549              162,414                              OJK fees expenses
    Beban perlengkapan                                 186,954              143,505                              Supplies expenses
    Beban lisensi software                             175,629               88,045                      Software license expenses
    Beban barang dan jasa lain                         157,330              125,900              Other goods & services expenses
    Beban listrik, air dan gas                         128,844              123,948            Electricity, water and gas expenses
    Beban alat tulis kantor                            121,582              103,813                      Office stationery expenses
    Beban asuransi                                      97,014               91,006                             Insurance expenses
    Ujrah administrasi                                  90,604               93,531                              Administrative ujrah
    Lainnya                                            277,061              293,776                                           Others

                                                     6,342,626             5,169,938

    Beban umum dan administrasi lain-lain terdiri dari:                   Other general and administrative expenses consist
    beban penunjang kinerja, beban sinergi bank                           of: performance support expenses, conventional
    konvensional, beban perubahan nama kreditur,                          bank synergy expenses, creditor name change
    beban komisi jaringan visa, beban akses data                          expenses, visa network commission expenses,
    Dinas Kependudukan dan Pencatatan Sipil, beban                        Population and Civil Registry Service data access
    pajak reklame, dan lainnya.                                           expenses, advertising tax expenses, and others.


39. BEBAN CADANGAN KERUGIAN PENURUNAN                                39. PROVISION FOR IMPAIRMENT LOSSES ON
    NILAI ASET PRODUKTIF DAN NONPRODUKTIF                                EARNING AND NON-EARNING ASSETS - NET
    - BERSIH

    Beban cadangan kerugian penurunan nilai aset                         Provision for impairment losses on earning and
    produktif dan nonproduktif - bersih terdiri dari:                    non-earning assets - net, consist of:

                                                   2024                  2023
    Giro dan penempatan pada                                                                    Current accounts and placements
       bank lain (Catatan 6)                               (6,999)              4,628                 with other banks (Note 6)
    Investasi pada surat berharga                                                                      Investments in marketable
       (Catatan 7)                                     (97,218)              121,872                          securities (Note 7)
    Tagihan akseptasi (Catatan 8)                       (2,457)                 (374)           Acceptances receivables (Note 8)
    Piutang (Catatan 9)                                967,838             1,536,234                         Receivables (Note 9)
    Pinjaman qardh (Catatan 10)                         27,969                80,586                    Funds of qardh (Note 10)
    Pembiayaan mudharabah (Catatan 11)                  44,110                11,962             Mudharabah financing (Note 11)
    Pembiayaan musyarakah (Catatan 12)               1,069,868               892,055              Musyarakah financing (Note 12)
    Estimasi kerugian komitmen                                                                  Estimated losses on commitments
       dan kontinjensi (Catatan 41)                     (8,443)                3,246                and contingencies (Note 41)
    Aset nonproduktif                                 (102,910)              (29,681)                          Non-earning assets
    Aset lainnya                                         2,109                 1,951                                  Other assets

                                                     1,893,867             2,622,479




                                                    Halaman - 97 - Page
Page 636
                                            PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                   31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)            (Expressed in millions of Rupiah, unless otherwise stated)

40. LABA PER SAHAM                                                  40. EARNINGS PER SHARE

    Perhitungan laba per saham adalah sebagai                            The computation of earnings per share, are as
    berikut:                                                             follows:
                                                   2024                 2023

     Laba tahun berjalan                             7,005,888            5,703,743                         Income for the year

     Jumlah rata-rata tertimbang saham                                                      Weighted average number of shares
       biasa yang beredar (nilai penuh)         46,129,260,138      46,129,260,138                  outstanding (full amount)

     Laba bersih per saham dasar dan                                                                 Basic and diluted earnings
       dilusian (Rupiah penuh)                             151.88           123.65                    per share (full Rupiah)


41. INFORMASI MENGENAI                  KOMITMEN    DAN             41. INFORMATION   ON           COMMITMENTS             AND
    KONTINJENSI                                                         CONTINGENCIES

     a. Bank memiliki tagihan dan liabilitas komitmen                   a. The Bank’s receivables and payables from
        dan kontinjensi sebagai berikut:                                   commitments and contingencies are as follows:

                                                   2024                 2023
         Tagihan komitmen                                                                           Commitments receivables
          Pihak ketiga                                                                                          Third parties
          Pembelian berjangka mata uang                                                                 Unsettled purchase of
           asing yang belum diselesaikan               464,508                    -                 foreign currency futures

         Liabilitas komitmen                                                                           Commitments payables
          Pihak ketiga                                                                                        Third parties
          Fasilitas pembiayaan
           yang belum digunakan                      2,090,286            1,775,974                 Unused financing facilities
          L/C yang tidak dapat dibatalkan              202,609              267,737                            Irrevocable L/C
          Kewajiban subrogasi                          140,040              137,094                     Subrogation payables
          Penjualan berjangka mata uang                                                              Sales of foreign currency
           asing yang belum diselesaikan               489,752             114,862                       futures unresolved
                                                     2,922,687            2,295,667
          Pihak berelasi                                                                                      Related parties
          Fasilitas pembiayaan
           yang belum digunakan                         48,602             117,375                  Unused financing facilities
          L/C yang tidak dapat dibatalkan              161,978              98,238                            Irrevocable L/C

                                                       210,580             215,613
         Liabilitas komitmen - bersih                2,668,759            2,511,280               Commitments payables - net

         Tagihan kontinjensi                                                                        Contingencies receivables
          Pihak ketiga                                                                                         Third parties
          Pendapatan dari pembiayaan                                                              Income from non-performing
           bermasalah                                  425,397             335,215                                financing
          Bank garansi (kafalah)                                                                    Bank guarantees (kafalah)
           yang diterima                               245,046             234,419                                 received
          Lainnya                                       35,611              30,923                                    Others

                                                       706,054             600,557

         Liabilitas kontinjensi                                                                       Contingencies payables
          Pihak ketiga                                                                                         Third parties
          Garansi yang diterbitkan                   1,532,802            2,099,170                   Bank guarantees issued
          Pihak berelasi                                                                                     Related parties
          Garansi yang diterbitkan                     507,923             738,668                    Bank guarantees issued

                                                     2,040,725            2,837,838

         Liabilitas kontinjensi - bersih             1,334,671            2,237,281              Contingencies payables - net




                                                    Halaman - 98 - Page
Page 637
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                    31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)             (Expressed in millions of Rupiah, unless otherwise stated)

41. INFORMASI MENGENAI                KOMITMEN      DAN              41. INFORMATION   ON     COMMITMENTS                   AND
    KONTINJENSI (lanjutan)                                               CONTINGENCIES (continued)

     b. Transaksi komitmen dan kontinjensi yang                           b. The transactions of commitments and
        terjadi dalam kegiatan normal Bank yang                              contingencies in the normal course of the
        mempunyai risiko pembiayaan adalah sebagai                           Bank’s activities that have financing risks are as
        berikut:                                                             follows:

                                                   2024                  2023
         Garansi yang diterbitkan                    2,040,725             2,837,838                     Bank guarantees issued
         Fasilitas pembiayaan
          yang belum digunakan                       2,138,888             1,893,349                   Unused financing facilities
         L/C yang tidak dapat dibatalkan               364,587               365,975                             Irrevocable L/C
                                                     4,544,200             5,097,162

     c. Kolektibilitas komitmen dan kontinjensi pada                      c. The collectibility of commitments        and
        rekening administratif yang mempunyai risiko                         contingencies    with   financing   risk  on
        pembiayaan diungkapkan pada Catatan 54k.                             administrative accounts is disclosed in Note
                                                                             54k.

     d. Perubahan cadangan kerugian penurunan nilai                      d. The movements of allowance for impairment
        estimasi komitmen dan kontijensi adalah                             losses on estimated commitments and
        sebagai berikut:                                                    contingencies are as follows:

                                                   2024                  2023
         Saldo awal tahun                                  32,017               28,873                         Beginning balance
         (Pembalikan)/pembentukan selama                                                                     (Reversal)/provision
          tahun berjalan (Catatan 39)                      (8,443)               3,246                during the year (Note 39)
         Selisih kurs                                         471                 (102)                 Exchange rate difference
         Saldo akhir tahun                                 24,045               32,017                           Ending balance

         Manajemen berpendapat bahwa cadangan                                   Management believes that the allowance for
         kerugian penurunan atas nilai estimasi                                 impairment losses on estimated commitments
         komitmen dan kontijensi yang dibentuk telah                            and contingencies is adequate and in
         memadai dan telah sesuai dengan ketentuan                              compliance with OJK regulations.
         OJK.


42. LIABILITAS IMBALAN KERJA                                         42. EMPLOYEE BENEFIT LIABILITIES

                                                   2024                  2023

    Imbalan pasca kerja jangka panjang                 374,963                 463,243       Long-term post-employment benefits
    Cuti besar                                         159,767                 204,021                            Grand leaves

                                                       534,730                 667,264

    Bank memiliki Program Pensiun Iuran Pasti                            Bank has a defined contribution plan (“PPIP”) for all
    (“PPIP”) yang meliputi seluruh karyawan tetap yang                   permanent employees which managed by the
    dikelola oleh Dana Pensiun Lembaga Keuangan                          pension funds (“DPLK”) as follows:
    (“DPLK”) sebagai berikut:

    1.   DPLK     BRI     yang  telah mendapatkan                         1.    DPLK BRI which has been approved by OJK
         pengesahan berdasarkan Keputusan Otoritas                              through its Decision Letter No. KEP-
         Jasa Keuangan No. KEP-19/NB.1/2022                                     19/NB.1/2022 dated 21 March 2022.
         tanggal 21 Maret 2022.
    2.   DPLK AXA Mandiri yang telah mendapatkan                          2.    DPLK AXA Mandiri which has been approved
         pengesahan berdasarkan Keputusan Otoritas                              by OJK through its Decision Letter No. KEP-
         Jasa Keuangan No. KEP-29/NB.01/2022                                    29/NB.01/2022 dated 18 April 2022.
         tanggal 18 April 2022.
    3.   DPLK     BNI     yang  telah mendapatkan                         3.    DPLK BNI which has been approved by OJK
         pengesahan berdasarkan Keputusan Otoritas                              through its Decision Letter No. KEP-
         Jasa Keuangan No. KEP-31/NB.01/2022                                    31/NB.01/2022 dated 13 May 2022.
         tanggal 13 Mei 2022.



                                                    Halaman - 99 - Page
Page 638
                                               PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                     NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                       31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                (Expressed in millions of Rupiah, unless otherwise stated)

42. LIABILITAS IMBALAN KERJA (lanjutan)                                 42. EMPLOYEE BENEFIT LIABILITIES (continued)

    Jumlah iuran yang dibayarkan Bank sebesar                               The total contributions paid by the Bank amounting
    Rp189.334 dan Rp181.524 untuk tahun yang                                to Rp189,334 and Rp181,524 for the year ended
    berakhir pada 31 Desember 2024 dan 2023.                                31 December 2024 and 2023.

    Selain itu, Bank memiliki Program Pensiun Untuk                         In addition, the Bank has a defined benefit plan
    Kompensasi Pesangon ("PPUKP") untuk pegawai                             (“PPUKP”) for ex-legacy BRIS employees which
    ex-legacy BRIS yang dikelola oleh DPLK BRI.                             managed by DPLK BRI.

    Perhitungan aktuaria per tanggal 31 Desember                            The actuarial calculations as at 31 December 2024
    2024 dan 2023 dilakukan oleh KKA Steven &                               and 2023 were prepared by KKA Steven & Mourits,
    Mourits, aktuaris independen, dalam laporannya                          an independent actuary, in its reports dated
    masing-masing tertanggal 23 Desember 2024 dan                           23 December 2024 and 15 December 2023,
    15 Desember 2023.                                                       respectively.

    Perhitungan aktuaria tersebut menggunakan                               The above actuarial calculations were using the
    metode     Projected  Unit    Credit   serta                            Projected Unit Credit Method with the following key
    mempertimbangkan asumsi-asumsi utama sebagai                            assumptions:
    berikut:

                                                      2024                     2023
    Asumsi ekonomi:                                                                                       Economic assumptions:
    Tingkat diskonto                                         7.10%                      6.70%                         Discount rate
    Tingkat kenaikan gaji                                    6.50%                      7.00%              Rate of salary increases
    Asumsi lainnya:                                                                                            Other assumptions:
    Usia pensiun normal                        36 - 56 tahun/years        36 - 56 tahun/years                 Normal retirement age
    Tingkat kematian                                     Modifikasi                 Modifikasi                         Mortality rate
                                                 Tabel Mortalitas/          Tabel Mortalitas/
                                                Adjusted Mortality         Adjusted Mortality
                                                             Table                      Table
                                                         Indonesia                  Indonesia
                                                      TMI-IV-2019                TMI-IV-2019
    Tingkat cacat                                 10% dari tingkat           10% dari tingkat                          Disability rate
                                                    kematian/10%               kematian/10%
                                                from mortality rate        from mortality rate

    Imbalan pasca kerja jangka panjang                                       Long-term post-employment benefit

    Rekonsiliasi status pembiayaan atas program                              A reconciliation of the funding status of the pension
    pensiun disajikan sebagai berikut:                                       plan are as follows:

                                                      2024                     2023
    Nilai kini liabilitas manfaat pasti yang                                                         Present value of funded defined
       didanai                                             504,612                     585,282                 benefit obligations
    Nilai wajar aset dana pensiun                         (129,649)                   (122,039)     Fair value of pension plan assets
    Nilai bersih kewajiban                                 374,963                    463,243                             Net liability

    Mutasi nilai kini liabilitas manfaat pasti yang didanai                  The movements in the present value of funded
    selama tahun berjalan adalah sebagai berikut:                            defined benefit obligations for the year are as
                                                                             follows:

                                                      2024                     2023
    Pada awal tahun                                        585,282                     626,386           At the beginning of the year
    Biaya jasa kini                                         65,683                      86,195                   Current service cost
    Biaya jasa lalu                                              -                    (140,986)                    Past service cost
    Biaya bunga                                             34,844                      42,951                           Interest cost
    (Keuntungan)/kerugian pengukuran                                                                          Actuarial (gain)/loss on
      kembali aktuarial                                   (137,052)                    33,913                    remeasurement
                                                           548,757                    648,459
    Pembayaran imbalan pasca kerja                                                                     Payment of post-employment
      selama tahun berjalan                                  (44,145)                  (63,177)          benefit during the year

                                                           504,612                    585,282



                                                       Halaman - 100 - Page
Page 639
                                             PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                   31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)            (Expressed in millions of Rupiah, unless otherwise stated)

42. LIABILITAS IMBALAN KERJA (lanjutan)                             42. EMPLOYEE BENEFIT LIABILITIES (continued)

    Imbalan pasca kerja jangka panjang (lanjutan)                        Long-term post-employment benefit (continued)

    Rekonsiliasi atas mutasi liabilitas bersih selama                    The reconciliation of the movements of the net
    tahun yang berakhir 31 Desember 2024 dan 2023                        liabilities for the year ended 31 December 2024
    adalah sebagai berikut:                                              and 2023 is as follows:

                                                  2024                     2023

    Kewajiban bersih pada                                                                                     Net liabilities at the
      awal tahun                                       463,243                    510,868                beginning of the year
    Beban tahun berjalan                               176,523                     29,623                  Current year expenses
    Pengukuran kembali diakui sebagai
      pendapatan komprehensif                                                                 Remeasurement recognised as other
      lainnya akibat:                                                                           comprehensive income due to:
                                                                                                                 Changes in
       Perubahan asumsi ekonomis                         (92,804)                  32,719           economic assumptions
                                                                                                               Changes from
       Perubahan dari penyesuaian historis               (43,326)                    2,462          experience adjustment

                                                      (136,130)                    35,181
    Pembayaran imbalan pasca kerja                                                                  Payment of post-employment
      selama tahun berjalan                              (44,145)                  (63,177)            benefit during the year
    Kelebihan pembayaran imbalan                         (84,528)                  (49,252)             Excess benefit payment

    Kewajiban bersih pada akhir                                                                     Net liabilities at the end of the
      tahun                                            374,963                    463,243                                     year

    Mutasi nilai wajar aset program untuk tahun yang                     The movements in the fair value of plan assets for
    berakhir adalah sebagai berikut:                                     the year ended are as follows:

                                                  2024                     2023

    Pada awal tahun                                    122,039                    115,518             At the beginning of the year
    Hasil dari aset program                               (923)                    (1,267)                  Return on plan assets
    Keuntungan aktuarial                                 8,533                      7,788                          Actuarial gains

                                                       129,649                    122,039

    Biaya imbalan pensiun yang dibebankan pada                           Pension expenses recognised in the statements of
    laporan laba rugi adalah sebagai berikut:                            profit or loss, are as follows:

                                                  2024                     2023

    Biaya jasa kini                                        65,683                   86,195                   Current service cost
    Biaya jasa lalu                                             -                 (140,986)                     Past service cost
    Bunga bersih                                           26,312                   35,162                           Net Interest
    Kelebihan pembayaran imbalan                           84,528                   49,252               Excess benefits payment

    Biaya yang dibebankan pada                                                                             Expense recognised in
      laporan laba rugi                                176,523                     29,623                         profit or loss
    Biaya yang dibebankan pada                                                                            Expense recognised in
      laporan laba rugi                                176,523                     29,623                        profit or loss
    Pengukuran kembali yang diakui                                                                        Remeasurement effect
      pada penghasilan                                                                                     recognised in other
      komprehensif lain                               (136,130)                    35,181               comprehensive income
    Biaya imbalan pasti                                    40,393                  64,804                     Defined benefit cost

    Pada tanggal 31 Desember 2024 dan 2023, aset                         As at 31 December 2024 and 2023, plan assets
    program diinvestasikan ke dalam instrumen pasar                      invested to sharia money market each amounting
    uang syariah masing-masing sebesar Rp129.649                         to Rp129,649 and Rp122,039.
    dan Rp122.039.




                                                    Halaman - 101 - Page
Page 640
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                   31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)            (Expressed in millions of Rupiah, unless otherwise stated)

42. LIABILITAS IMBALAN KERJA (lanjutan)                             42. EMPLOYEE BENEFIT LIABILITIES (continued)

    Imbalan pasca kerja jangka panjang (lanjutan)                        Long-term post-employment benefit (continued)

    Hasil yang diharapkan dari aset program                              The expected return on plan assets is determined
    ditentukan dengan mempertimbangkan imbal hasil                       by considering the expected return available on the
    yang diharapkan atas aset yang mengacu pada                          assets in accordance with the current investment
    kebijakan investasi. Hasil investasi bunga tetap                     policy. Expected yields on fixed interest
    didasarkan pada hasil pengembalian bruto pada                        investments are based on gross redemption yields
    tanggal pelaporan. Hasil yang diharapkan dari                        as at the reporting date. Expected return on equity
    investasi ekuitas dan properti mencerminkan                          and property investments reflect long-term real
    tingkat imbal hasil jangka panjang aktual yang                       rates of return experienced in the respective
    terjadi untuk tiap-tiap pasar.                                       markets.

     Bank terekspos beberapa risiko atas program                         The Bank is exposed to a number of risks through
     imbalan kerja seperti risiko yang terekspos pada                    its employee benefit plans such as the exposed
     program manfaat pasti adalah adanya tingkat hasil                   risks in the defined benefit pension plan is the
     investasi di bawah asumsi discount rate dan                         lower return on investment compared to
     kenaikan gaji aktual yang lebih besar dari asumsi.                  assumption on discount rate and the increase in
     Hal tersebut menimbulkan peningkatan iuran yang                     the actual salary is higher than its assumption.
     dibayarkan kepada dana pensiun.                                     These will cause an increase in benefit paid to
                                                                         pension fund.

     Untuk memastikan bahwa posisi investasi telah                       To ensure that the position of investments is
     sesuai dengan kerangka Asset Liability Matching                     consistent with the Asset Liability Management
     (“ALMA”), Bank melakukan pemantauan terhadap                        (“ALMA”) framework, the Bank performs monitoring
     investasi atas program pensiun (baik iuran pasti                    over the investment for the pension program (for
     maupun manfaat pasti) dan memastikan tingkat                        both defined benefit and contribution plans) and
     investasi dimaksud mencapai tingkat diskonto yang                   performs action to ensure the return of investments
     digunakan. Selain itu, dilakukan implementasi                       will meet the applicable discount rate. Apart from
     kebijakan penyesuaian gaji sesuai dengan asumsi                     that, implementation of salary adjustment policy
     yang telah digunakan dalam perhitungan aktuaria                     has been performed in accordance to the
     untuk mengurangi selisih hasil perhitungan atas                     assumptions used by actuarial calculation to
     proyeksi imbalan kerja pasca kerja dengan                           reduce the gap on the calculation of projected post-
     realisasinya.                                                       employment benefit with its realisation.

    Rata-rata durasi kewajiban manfaat pasti pada                       The average duration of the defined benefit
    tanggal 31 Desember 2024 adalah 7,98 tahun                          obligations as at 31 December 2024 is 7.98 years
    (2023: 8,89 tahun).                                                 (2023: 8.89 years).

    Cuti besar                                                          Grand leaves

    Mutasi untuk cadangan atas cuti besar masing-                       The movements of allowance for grand leaves as at
    masing pada tanggal 31 Desember 2024 dan 2023                       31 December 2024 and 2023, respectively, are as
    adalah sebagai berikut:                                             follows:

                                                   2024                 2023
    Liabilitas pada awal tahun                         204,021             178,150             Liabilities at beginning of the year
    Beban cuti besar                                                                                        Grand leaves expense
       pada tahun berjalan                                 44,845          102,955                               during the year
    Pembayaran cuti besar                                                                                Payment of grand leaves
       selama tahun berjalan                           (89,099)             (77,084)                             during the year

                                                       159,767             204,021




                                                    Halaman - 102 - Page
Page 641
                                            PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                    31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)             (Expressed in millions of Rupiah, unless otherwise stated)

42. LIABILITAS IMBALAN KERJA (lanjutan)                               42. EMPLOYEE BENEFIT LIABILITIES (continued)

    Cuti besar (lanjutan)                                                 Grand leaves (continued)

    Beban cuti besar untuk tahun yang berakhir pada                       Grand leaves expense for the year ended 31
    tanggal 31 Desember 2024 dan 2023 berdasarkan                         December 2024 and 2023 based on actuarial
    perhitungan aktuaria adalah sebagai berikut:                          calculation are as follows:

                                                    2024                   2023

    Biaya jasa kini                                      69,662                65,008                       Current service cost
    Biaya bunga                                          12,024                10,609                              Interest cost
    Kerugian aktuarial                                   10,688                27,338                             Actuarial loss
    Biaya jasa lalu                                     (47,529)                    -                        Past service costs

    Jumlah                                                 44,845             102,955                                        Total

    Sensitivitas dari kewajiban manfaat pasti terhadap                     The sensitivity of defined benefit obligations to
    perubahan asumsi aktuaria adalah sebagai berikut:                      changes in the actuarial assumptions is as follows:

                                           Dampak terhadap kewajiban imbalan kerja/
                                             Impact on employee benefit liabilities
                                                                        (Kenaikan)/penurunan
                                                                            manfaat pasti/
                                      Perubahan asumsi/                  (Increase)/decrease
         31 Desember 2024             Change in assumption                 benefit obligation            31 December 2024

    Tingkat diskonto                   Kenaikan/increase 1%                                (30,654)                  Discount rate
                                      Penurunan/decrease 1%                                 33,688

    Tingkat kenaikan gaji              Kenaikan/increase 1%                                100,720           Salary increase rate
                                      Penurunan/decrease 1%                                (76,546)

                                           Dampak terhadap kewajiban imbalan kerja/
                                             Impact on employee benefit liabilities
                                                                        (Kenaikan)/penurunan
                                                                            manfaat pasti/
                                      Perubahan asumsi/                  (Increase)/decrease
         31 Desember 2023             Change in assumption                 benefit obligation            31 December 2023
    Tingkat diskonto                   Kenaikan/increase 1%                                (41,838)                  Discount rate
                                      Penurunan/decrease 1%                                 46,501
    Tingkat kenaikan gaji              Kenaikan/increase 1%                                123,028           Salary increase rate
                                      Penurunan/decrease 1%                                (96,626)

    Analisis jatuh tempo yang diharapkan dari manfaat                      Expected maturity analysis       of     undiscounted
    pensiun yang tidak terdiskonto adalah sebagai                          pension is as follows:
    berikut:

                                      Kurang dari    2 sampai 5
                                       1 tahun/        tahun/        Lebih dari 5
                                      Less than a   Between 2 to       tahun/           Jumlah/
                                         year          5 years       Over 5 years        Total

    31 Desember 2024                                                                                             31 December 2024
    Pensiun                                53,202          311,490      1,272,552        1,637,244                        Pension
    Cuti besar                             90,747          353,551      1,077,635        1,521,933                    Grand leaves

    Jumlah                                143,949          665,041      2,350,187        3,159,177                           Total

    31 Desember 2023                                                                                             31 December 2023
    Pensiun                                67,173          313,056      1,720,505        2,100,734                        Pension
    Cuti besar                             88,663          365,172      1,312,773        1,766,608                    Grand leaves

    Jumlah                                155,836          678,228      3,033,278        3,867,342                           Total




                                                    Halaman - 103 - Page
Page 642
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)        (Expressed in millions of Rupiah, unless otherwise stated)

43. JAMINAN     PEMERINTAH     TERHADAP                         43. GOVERNMENT       GUARANTEES                            ON
    KEWAJIBAN PEMBAYARAN BANK UMUM                                  OBLIGATIONS OF COMMERCIAL BANKS

    Berdasarkan Undang-Undang No. 24 tanggal                         Based on Law No. 24 dated 22 September 2004
    22 September 2004, efektif sejak tanggal                         effective on 22 September 2005, as amended by
    22 September 2005, sebagaimana diubah dengan                     The Government Regulation of the Republic of
    Peraturan Pemerintah Pengganti Undang-Undang                     Indonesia for Substitute of Law No. 3 dated
    Republik Indonesia No. 3 tanggal 13 Oktober 2008,                13 October 2008, the Government established the
    Lembaga Penjaminan Simpanan (“LPS”) dibentuk                     Deposit Insurance Institution (“LPS”) to guarantee
    untuk menjamin kewajiban tertentu bank-bank                      certain liabilities of commercial banks based on the
    umum berdasarkan program penjaminan yang                         prevailing guarantee programs, in which the
    berlaku, yang besaran nilai jaminannya dapat                     guaranteed amount may change if they meet
    berubah jika memenuhi kriteria tertentu yang                     certain specified criteria.
    berlaku.

    Berdasarkan peraturan LPS No. 2 tanggal 22                        Based on LPS Regulation No. 2 dated 22
    September 2014 tentang perubahan peraturan LPS                   September 2014 regarding amendment of LPS
    No. 2/PLPS/2010 tentang program penjaminan                       Regulation No. 2/PLPS/2010 regarding the Deposit
    simpanan dimana simpanan yang dijamin meliputi                   Guarantee Program, the deposits guaranteed
    giro wadiah, giro mudharabah, tabungan wadiah,                   included wadiah demand deposits, mudharabah
    tabungan mudharabah, deposito mudharabah dan                     demand deposits, wadiah savings deposits,
    simpanan dari bank lain.                                         mudharabah savings deposits, mudharabah time
                                                                     deposits and deposits from other banks.

    Berdasarkan Peraturan Pemerintah Republik                       Based on the Government of the Republic of
    Indonesia   No.    66   tahun    2008 tanggal                   Indonesia    Regulation    No. 66     Year     2008
    13 Oktober 2008, tentang “Besarnya Nilai                        dated 13 October 2008, regarding “the Amount of
    Simpanan yang Dijamin Lembaga Penjaminan                        Public Deposits Guaranteed by the Government
    Simpanan”, pada tanggal 31 Desember 2024 dan                    Established Deposit Insurance Institution”, as at 31
    2023 jumlah simpanan yang dijamin LPS adalah                    December 2024 and 2023 the amount of deposits
    simpanan sampai dengan Rp2.000.000.000 (nilai                   that are guaranteed by LPS amounted to
    penuh) untuk per nasabah per bank.                              Rp2,000,000,000 (full amount) for each customer
                                                                    of each bank.

    Pada tanggal 31 Desember 2024 dan 2023, Bank                    As at 31 December 2024 and 2023, the Bank is a
    adalah peserta dari program penjaminan tersebut.                participant of the government guarantee program.

    Beban penjaminan dana pihak ketiga yang                         Insurance premium related to third party funds paid
    dijaminkan kepada LPS adalah Rp599.081 dan                      to LPS amounted to Rp599,081 and Rp530,162 for
    Rp530.162 masing-masing untuk tahun yang                        the year ended 31 December 2024 and 2023,
    berakhir pada tanggal 31 Desember 2024 dan                      respectively.
    2023.


44. TRANSAKSI DENGAN PIHAK BERELASI                             44. TRANSACTIONS WITH RELATED PARTIES

    Dalam kegiatan normal usaha, Bank melakukan                      In the normal course of business, the Bank enters
    transaksi dengan pihak berelasi. Semua transaksi                 into certain transactions with related parties. All
    dengan pihak berelasi telah dilakukan dengan                     transactions with related parties have met the
    kebijakan dan syarat yang telah disepakati                       agreed terms and conditions.
    bersama.

    a.   Jenis hubungan                                              a.    Type of relationships

         Pihak berelasi      secara    entitas   dan/atau                  Related parties from the entity level and/or
         manajemen:                                                        management are:

         Hubungan pihak berelasi sebagai pemegang                          Related party relationship as the ultimate
         saham utama                                                       shareholder
         Pemerintah Republik Indonesia melalui                             The Government of Republic of Indonesia through
           Kementerian Keuangan                                              the Ministry of Finance

         Hubungan pihak berelasi sebagai pemegang                          Related party relationship as the controlling
         saham pengendali                                                  shareholder
         PT Bank Mandiri (Persero) Tbk                                     PT Bank Mandiri (Persero) Tbk



                                                    Halaman - 104 - Page
Page 643
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

44. TRANSAKSI        DENGAN        PIHAK      BERELASI            44. TRANSACTIONS           WITH     RELATED       PARTIES
    (lanjutan)                                                        (continued)
    a.   Jenis hubungan (lanjutan)                                     a.    Type of relationships (continued)

         Hubungan pihak berelasi sebagai pemegang
         saham                                                               Related party relationship as the shareholder
         PT Bank Rakyat Indonesia (Persero) Tbk                              PT Bank Rakyat Indonesia (Persero) Tbk
         PT Bank Negara Indonesia (Persero) Tbk                              PT Bank Negara Indonesia (Persero) Tbk
         PT BRI Danareksa Sekuritas                                          PT BRI Danareksa Sekuritas
         PT BNI Life Insurance                                               PT BNI Life Insurance
         PT Mandiri Sekuritas                                                PT Mandiri Sekuritas
         AirNav Indonesia                                                    AirNav Indonesia

         Entitas dan lembaga pemerintah                                      Government entities and institutions
         BPJS Kesehatan                                                      BPJS Kesehatan
         BPJS Ketenagakerjaan                                                BPJS Ketenagakerjaan
         Dana Pensiun Bank Mandiri                                           Dana Pensiun Bank Mandiri
         Lembaga Pembiayaan Ekspor Indonesia                                 Lembaga Pembiayaan Ekspor Indonesia
         Perum BULOG                                                         Perum BULOG
         Perum DAMRI                                                         Perum DAMRI
         Perum Jasa Tirta I                                                  Perum Jasa Tirta I
         Perum Jasa Tirta II                                                 Perum Jasa Tirta II
         Perum Percetakan Negara Republik Indonesia                          Perum Percetakan Negara Republik Indonesia
         Perum Perhutani                                                     Perum Perhutani
         Perum Perumnas                                                      Perum Perumnas
         Perum Peruri                                                        Perum Peruri
         Perusahaan Penerbit SBSN Indonesia                                  Perusahaan Penerbit SBSN Indonesia
         PT Adhi Commuter Properti Tbk                                       PT Adhi Commuter Properti Tbk
         PT Adhi Jalintim Riau                                               PT Adhi Jalintim Riau
         PT Adhi Karya (Persero) Tbk                                         PT Adhi Karya (Persero) Tbk
         PT Adhi Persada Beton                                               PT Adhi Persada Beton
         PT Adhi Persada Gedung                                              PT Adhi Persada Gedung
         PT Adhi Persada Properti                                            PT Adhi Persada Properti
         PT Aero Globe Indonesia                                             PT Aero Globe Indonesia
         PT Aerofood Indonesia                                               PT Aerofood Indonesia
         PT Aerojasa Cargo                                                   PT Aerojasa Cargo
         PT Agro Medika Nusantara                                            PT Agro Medika Nusantara
         PT Agro Sinergi Nusantara                                           PT Agro Sinergi Nusantara
         PT Alur Pelayaran Barat Surabaya                                    PT Alur Pelayaran Barat Surabaya
         PT Amarta Karya (Persero)                                           PT Amarta Karya (Persero)
         PT Aneka Tambang Tbk                                                PT Aneka Tambang Tbk
         PT Angkasa Pura I                                                   PT Angkasa Pura I
         PT Angkasa Pura II                                                  PT Angkasa Pura II
         PT Angkasa Pura Hotel                                               PT Angkasa Pura Hotel
         PT Angkasa Pura Kargo                                               PT Angkasa Pura Kargo
         PT Angkasa Pura Logistik                                            PT Angkasa Pura Logistik
         PT Angkasa Pura Properti                                            PT Angkasa Pura Properti
         PT Angkasa Pura Retail                                              PT Angkasa Pura Retail
         PT Angkasa Pura Sarana Digital                                      PT Angkasa Pura Sarana Digital
         PT Angkasa Pura Solusi                                              PT Angkasa Pura Solusi
         PT Angkasa Pura Solusi Integra                                      PT Angkasa Pura Solusi Integra
         PT Angkasa Pura Supports                                            PT Angkasa Pura Supports
         PT Antam Resourcindo                                                PT Antam Resourcindo
         PT ASABRI (Persero)                                                 PT ASABRI (Persero)
         PT ASDP Indonesia Ferry (Persero)                                   PT ASDP Indonesia Ferry (Persero)
         PT Asuransi Asei Indonesia                                          PT Asuransi Asei Indonesia
         PT Asuransi BRI Life                                                PT Asuransi BRI Life
         PT Asuransi Jasa Indonesia                                          PT Asuransi Jasa Indonesia
         PT Asuransi Jasa Indonesia Syariah                                  PT Asuransi Jasa Indonesia Syariah
         PT Asuransi Jasa Raharja (Persero)                                  PT Asuransi Jasa Raharja (Persero)
         PT Asuransi Jiwa IFG                                                PT Asuransi Jiwa IFG
         PT Asuransi Jiwa Inhealth Indonesia                                 PT Asuransi Jiwa Inhealth Indonesia
         PT Asuransi Jiwa Taspen                                             PT Asuransi Jiwa Taspen
         PT Asuransi Jiwasraya (Persero)                                     PT Asuransi Jiwasraya (Persero)
         PT Asuransi Kredit Indonesia (Persero)                              PT Asuransi Kredit Indonesia (Persero)
         PT Asuransi Tugu Pratama Indonesia Tbk                              PT Asuransi Tugu Pratama Indonesia Tbk
         PT Aviasi Pariwisata Indonesia                                      PT Aviasi Pariwisata Indonesia
         PT AXA Mandiri Financial Services                                   PT AXA Mandiri Financial Services
         PT Bahana Artha Ventura                                             PT Bahana Artha Ventura
         PT Bahana Pembinaan Usaha Indonesia                                 PT Bahana Pembinaan Usaha Indonesia
         PT Bahana Sekuritas                                                 PT Bahana Sekuritas
         PT Bahana TCW Investment Management                                 PT Bahana TCW Investment Management


                                                      Halaman - 105 - Page
Page 644
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)        (Expressed in millions of Rupiah, unless otherwise stated)

44. TRANSAKSI        DENGAN        PIHAK      BERELASI          44. TRANSACTIONS           WITH     RELATED       PARTIES
    (lanjutan)                                                      (continued)
    a.   Jenis hubungan (lanjutan)                                   a.    Type of relationships (continued)
         Entitas dan lembaga pemerintah (lanjutan)                         Government entities and institutions (continued)
         PT Bakti Timah Medika                                             PT Bakti Timah Medika
         PT Balai Pustaka                                                  PT Balai Pustaka
         PT Bank Mandiri Taspen                                            PT Bank Mandiri Taspen
         PT Bank Tabungan Negara (Persero) Tbk                             PT Bank Tabungan Negara (Persero) Tbk
         PT Barata Indonesia (Persero)                                     PT Barata Indonesia (Persero)
         PT Baturaja Multi Usaha                                           PT Baturaja Multi Usaha
         PT Berdikari                                                      PT Berdikari
         PT Berdikari Logistik Indonesia                                   PT Berdikari Logistik Indonesia
         PT Berkah Industri Mesin Angkat                                   PT Berkah Industri Mesin Angkat
         PT Berlian Jasa Terminal Indonesia                                PT Berlian Jasa Terminal Indonesia
         PT Berlian Manyar Sejahtera                                       PT Berlian Manyar Sejahtera
         PT Bhanda Ghara Reksa (Persero)                                   PT Bhanda Ghara Reksa (Persero)
         PT Bina Karya (Persero)                                           PT Bina Karya (Persero)
         PT Bio Farma (Persero)                                            PT Bio Farma (Persero)
         PT Biro Klasifikasi Indonesia (Persero)                           PT Biro Klasifikasi Indonesia (Persero)
         PT BNI Asset Management                                           PT BNI Asset Management
         PT BNI Sekuritas                                                  PT BNI Sekuritas
         PT Borneo Alumina Indonesia                                       PT Borneo Alumina Indonesia
         PT Brantas Abipraya (Persero)                                     PT Brantas Abipraya (Persero)
         PT BRI Asuransi Indonesia                                         PT BRI Asuransi Indonesia
         PT Bukit Asam Medika                                              PT Bukit Asam Medika
         PT Bukit Asam Tbk                                                 PT Bukit Asam Tbk
         PT Bukit Energi Investama                                         PT Bukit Energi Investama
         PT Bukit Multi Properti                                           PT Bukit Multi Properti
         PT Bukit Prima Bahari                                             PT Bukit Prima Bahari
         PT Bumi Daya Plaza                                                PT Bumi Daya Plaza
         PT Bumi Sawindo Permai                                            PT Bumi Sawindo Permai
         PT Cinere Serpong Jaya                                            PT Cinere Serpong Jaya
         PT Citilink Indonesia                                             PT Citilink Indonesia
         PT Citra Lautan Teduh                                             PT Citra Lautan Teduh
         PT Cut Meutia Medika Nusantara                                    PT Cut Meutia Medika Nusantara
         PT Danareksa (Persero)                                            PT Danareksa (Persero)
         PT Danareksa Finance                                              PT Danareksa Finance
         PT Danareksa Investment Management                                PT Danareksa Investment Management
         PT Dayamitra Telekomunikasi Tbk                                   PT Dayamitra Telekomunikasi Tbk
         PT Dirgantara Indonesia (Persero)                                 PT Dirgantara Indonesia (Persero)
         PT Djakarta Lloyd (Persero)                                       PT Djakarta Lloyd (Persero)
         PT Dok dan Perkapalan Air Kantung                                 PT Dok dan Perkapalan Air Kantung
         PT Dok dan Perkapalan Kodja Bahari (Persero)                      PT Dok dan Perkapalan Kodja Bahari (Persero)
         PT Elnusa Petrofin                                                PT Elnusa Petrofin
         PT Elnusa Tbk                                                     PT Elnusa Tbk
         PT Emas Antam Indonesia                                           PT Emas Antam Indonesia
         PT Energi Agro Nusantara                                          PT Energi Agro Nusantara
         PT Energi Pelabuhan Indonesia                                     PT Energi Pelabuhan Indonesia
         PT Energy Management Indonesia (Persero)                          PT Energy Management Indonesia (Persero)
         PT Equiport Inti Indonesia                                        PT Equiport Inti Indonesia
         PT Estika Daya Mandiri                                            PT Estika Daya Mandiri
         PT Finnet Indonesia                                               PT Finnet Indonesia
         PT Fintek Karya Nusantara                                         PT Fintek Karya Nusantara
         PT Gag Nikel                                                      PT Gag Nikel
         PT Gapura Angkasa                                                 PT Gapura Angkasa
         PT Garuda Indonesia (Persero) Tbk                                 PT Garuda Indonesia (Persero) Tbk
         PT Garuda Maintenance Facility Aero Asia Tbk                      PT Garuda Maintenance Facility Aero Asia Tbk
         PT Graha Investama Bersama                                        PT Graha Investama Bersama
         PT Graha Niaga Tata Utama                                         PT Graha Niaga Tata Utama
         PT Graha Sarana Duta                                              PT Graha Sarana Duta
         PT Griyaton Indonesia                                             PT Griyaton Indonesia
         PT Hakaaston                                                      PT Hakaaston
         PT Haleyora Powerindo                                             PT Haleyora Powerindo
         PT HK Realtindo                                                   PT HK Realtindo
         PT Hutama Karya (Persero)                                         PT Hutama Karya (Persero)
         PT Hutama Karya Infrastruktur                                     PT Hutama Karya Infrastruktur
         PT Indofarma Global Medika                                        PT Indofarma Global Medika
         PT Indonesia Asahan Aluminium (Persero)                           PT Indonesia Asahan Aluminium (Persero)
         PT Indonesia Chemical Alumina                                     PT Indonesia Chemical Alumina
         PT Indonesia Coal Resources                                       PT Indonesia Coal Resources
         PT Indonesia Comnets Plus                                         PT Indonesia Comnets Plus


                                                    Halaman - 106 - Page
Page 645
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

44. TRANSAKSI        DENGAN        PIHAK      BERELASI            44. TRANSACTIONS           WITH     RELATED       PARTIES
    (lanjutan)                                                        (continued)
    a.   Jenis hubungan (lanjutan)                                     a.    Type of relationships (continued)
         Entitas dan lembaga pemerintah (lanjutan)                           Government entities and institutions (continued)
         PT Indonesia Kendaraan Terminal Tbk                                 PT Indonesia Kendaraan Terminal Tbk
         PT Indonesia Power                                                  PT Indonesia Power
         PT Indopelita Aircraft Services                                     PT Indopelita Aircraft Services
         PT Indra Karya (Persero)                                            PT Indra Karya (Persero)
         PT Industri Kapal Indonesia (Persero)                               PT Industri Kapal Indonesia (Persero)
         PT Industri Karet Nusantara                                         PT Industri Karet Nusantara
         PT Industri Kemasan Semen Gresik                                    PT Industri Kemasan Semen Gresik
         PT Industri Kereta Api (Persero)                                    PT Industri Kereta Api (Persero)
         PT Infomedia Nusantara                                              PT Infomedia Nusantara
         PT Infomedia Solusi Humanika                                        PT Infomedia Solusi Humanika
         PT Inhutani I                                                       PT Inhutani I
         PT Inhutani IV                                                      PT Inhutani IV
         PT Inka Multi Solusi                                                PT Inka Multi Solusi
         PT Inka Multi Solusi Service                                        PT Inka Multi Solusi Service
         PT Inka Multi Solusi Trading                                        PT Inka Multi Solusi Trading
         PT Inti Konten Indonesia                                            PT Inti Konten Indonesia
         PT IPC Terminal Petikemas                                           PT IPC Terminal Petikemas
         PT Jakarta Industrial Estate Pulogadung                             PT Jakarta Industrial Estate Pulogadung
         PT Jalin Pembayaran Nusantara                                       PT Jalin Pembayaran Nusantara
         PT Jalintim Adhi Abipraya                                           PT Jalintim Adhi Abipraya
         PT Jaminan Kredit Indonesia                                         PT Jaminan Kredit Indonesia
         PT Jaminan Pembiayaan Askrindo Syariah                              PT Jaminan Pembiayaan Askrindo Syariah
         PT Jasa Armada Indonesia Tbk                                        PT Jasa Armada Indonesia Tbk
         PT Jasa Marga (Persero) Tbk                                         PT Jasa Marga (Persero) Tbk
         PT Jasa Prima Logistik Bulog                                        PT Jasa Prima Logistik Bulog
         PT Jasa Raharja                                                     PT Jasa Raharja
         PT Jasa Tirta Energi                                                PT Jasa Tirta Energi
         PT Jasa Tirta Luhur                                                 PT Jasa Tirta Luhur
         PT Jasamarga Balikpapan Samarinda                                   PT Jasamarga Balikpapan Samarinda
         PT Jasamarga Gempol Pasuruan                                        PT Jasamarga Gempol Pasuruan
         PT Jasamarga Jalanlayang Cikampek                                   PT Jasamarga Jalanlayang Cikampek
         PT Jasamarga Jogja Solo                                             PT Jasamarga Jogja Solo
         PT Jasamarga Kualanamu Tol                                          PT Jasamarga Kualanamu Tol
         PT Jasamarga Kunciran Cengkareng                                    PT Jasamarga Kunciran Cengkareng
         PT Jasamarga Manado Bitung                                          PT Jasamarga Manado Bitung
         PT Jasamarga Ngawi Kertosono Kediri                                 PT Jasamarga Ngawi Kertosono Kediri
         PT Jasamarga Pandaan Malang                                         PT Jasamarga Pandaan Malang
         PT Jasamarga Related Business                                       PT Jasamarga Related Business
         PT Jasamarga Solo Ngawi                                             PT Jasamarga Solo Ngawi
         PT Jasamarga Surabaya Mojokerto                                     PT Jasamarga Surabaya Mojokerto
         PT Jasamarga Tollroad Maintenance                                   PT Jasamarga Tollroad Maintenance
         PT Jasamarga Tollroad Operator                                      PT Jasamarga Tollroad Operator
         PT Jasamarga Transjawa Tol                                          PT Jasamarga Transjawa Tol
         PT Jasaraharja Putera                                               PT Jasaraharja Putera
         PT Jembatan Nusantara                                               PT Jembatan Nusantara
         PT KA Properti Manajemen                                            PT KA Properti Manajemen
         PT Kalimantan Jawa Gas                                              PT Kalimantan Jawa Gas
         PT Kaltim Adhiguna Dermaga                                          PT Kaltim Adhiguna Dermaga
         PT Kaltim Daya Mandiri                                              PT Kaltim Daya Mandiri
         PT Kaltim Industrial Estate                                         PT Kaltim Industrial Estate
         PT Kawasan Berikat Nusantara (Persero)                              PT Kawasan Berikat Nusantara (Persero)
         PT Kawasan Industri Gresik                                          PT Kawasan Industri Gresik
         PT Kawasan Industri Makassar                                        PT Kawasan Industri Makassar
         PT Kawasan Industri Nusantara                                       PT Kawasan Industri Nusantara
         PT Kawasan Industri Terpadu Batang                                  PT Kawasan Industri Terpadu Batang
         PT Kawasan Industri Wijayakusuma (Persero)                          PT Kawasan Industri Wijayakusuma (Persero)
         PT KBN Graha Medika                                                 PT KBN Graha Medika
         PT KBN Prima Logistik                                               PT KBN Prima Logistik
         PT Kereta Api Indonesia (Persero)                                   PT Kereta Api Indonesia (Persero)
         PT Kereta Api Logistik                                              PT Kereta Api Logistik
         PT Kereta Api Pariwisata                                            PT Kereta Api Pariwisata
         PT Kereta Commuter Indonesia                                        PT Kereta Commuter Indonesia
         PT Kharisma Pemasaran Bersama Nusantara                             PT Kharisma Pemasaran Bersama Nusantara
         PT Kilang Pertamina Balikpapan                                      PT Kilang Pertamina Balikpapan
         PT Kimia Farma Apotek                                               PT Kimia Farma Apotek
         PT Kimia Farma Diagnostika                                          PT Kimia Farma Diagnostika
         PT Kimia Farma Tbk                                                  PT Kimia FarmaTbk


                                                      Halaman - 107 - Page
Page 646
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

44. TRANSAKSI        DENGAN        PIHAK      BERELASI            44. TRANSACTIONS           WITH     RELATED       PARTIES
    (lanjutan)                                                        (continued)
    a.   Jenis hubungan (lanjutan)                                     a.    Type of relationships (continued)
         Entitas dan lembaga pemerintah (lanjutan)                           Government entities and institutions (continued)
         PT Kimia Farma Trading & Distribution                               PT Kimia Farma Trading & Distribution
         PT Kliring Berjangka Indonesia                                      PT Kliring Berjangka Indonesia
         PT Kodja Terramarin                                                 PT Kodja Terramarin
         PT Krakatau Bandar Samudera                                         PT Krakatau Bandar Samudera
         PT Krakatau Daya Listrik                                            PT Krakatau Daya Listrik
         PT Krakatau Global Trading                                          PT Krakatau Global Trading
         PT Krakatau Industrial Estate Cilegon                               PT Krakatau Industrial Estate Cilegon
         PT Krakatau Information Technology                                  PT Krakatau Information Technology
         PT Krakatau Jasa Industri                                           PT Krakatau Jasa Industri
         PT Krakatau Jasa Logistik                                           PT Krakatau Jasa Logistik
         PT Krakatau Samudera                                                PT Krakatau Samudera
         PT Krakatau Medika                                                  PT Krakatau Medika
         PT Krakatau National Resources                                      PT Krakatau National Resources
         PT Krakatau Perbengkelan dan Perawatan                              PT Krakatau Perbengkelan dan Perawatan
         PT Krakatau Pipe Industries                                         PT Krakatau Pipe Industries
         PT Krakatau Samudera Solusi                                         PT Krakatau Samudera Solusi
         PT Krakatau Sarana Infrastruktur                                    PT Krakatau Sarana Infrastruktur
         PT Krakatau Sarana Properti                                         PT Krakatau Sarana Properti
         PT Krakatau Steel (Persero) Tbk                                     PT Krakatau Steel (Persero) Tbk
         PT Krakatau Tirta Industri                                          PT Krakatau Tirta Industri
         PT Krakatau Tirta Operasi dan Pemeliharaan                          PT Krakatau Tirta Operasi dan Pemeliharaan
         PT Krakatau Wajatama                                                PT Krakatau Wajatama
         PT Krida Upaya Tunggal                                              PT Krida Upaya Tunggal
         PT Laras Astra Kartika                                              PT Laras Astra Kartika
         PT Len Industri (Persero)                                           PT Len Industri (Persero)
         PT Mandiri Capital Indonesia                                        PT Mandiri Capital Indonesia
         PT Mandiri Manajemen Investasi                                      PT Mandiri Manajemen Investasi
         PT Mandiri Tunas Finance                                            PT Mandiri Tunas Finance
         PT Mandiri Utama Finance                                            PT Mandiri Utama Finance
         PT Mega Eltra                                                       PT Mega Eltra
         PT Metra Digital Media                                              PT Metra Digital Media
         PT Mitra Rakata                                                     PT Mitra Rakata
         PT Mitra Tours & Travel                                             PT Mitra Tours & Travel
         PT Mitra Transaksi Indonesia                                        PT Mitra Transaksi Indonesia
         PT Mitra Utama Madani                                               PT Mitra Utama Madani
         PT Mulia Sasmita Bhakti                                             PT Mulia Sasmita Bhakti
         PT Multi Sentana Baja                                               PT Multi Sentana Baja
         PT Multi Terminal Indonesia                                         PT Multi Terminal Indonesia
         PT Nindya Beton                                                     PT Nindya Beton
         PT Nindya Karya (Persero)                                           PT Nindya Karya (Persero)
         PT Nusa Karya Arindo                                                PT Nusa Karya Arindo
         PT Nusa Pratama Property                                            PT Nusa Pratama Property
         PT Nusantara Medika Utama                                           PT Nusantara Medika Utama
         PT Nusantara Regas                                                  PT Nusantara Regas
         PT Nusantara Sebelas Medika                                         PT Nusantara Sebelas Medika
         PT Nusantara Terminal Services                                      PT Nusantara Terminal Services
         PT Nusantara Turbin Dan Propulsi                                    PT Nusantara Turbin Dan Propulsi
         PT Paguntaka Cahaya Nusantara                                       PT Paguntaka Cahaya Nusantara
         PT PAL Indonesia (Persero)                                          PT PAL Indonesia (Persero)
         PT PAL Marine Services                                              PT PAL Marine Services
         PT PANN Pembiayaan Maritim                                          PT PANN Pembiayaan Maritim
         PT Patra Drilling Contractor                                        PT Patra Drilling Contractor
         PT Patra Logistik                                                   PT Patra Logistik
         PT Patra Nusa Data                                                  PT Patra Nusa Data
         PT Patra Trading                                                    PT Patra Trading
         PT Pegadaian                                                        PT Pegadaian
         PT Pelabuhan Bukit Prima                                            PT Pelabuhan Bukit Prima
         PT Pelabuhan Indonesia (Persero)                                    PT Pelabuhan Indonesia (Persero)
         PT Pelabuhan Indonesia I (Persero)                                  PT Pelabuhan Indonesia I (Persero)
         PT Pelabuhan Indonesia II (Persero)                                 PT Pelabuhan Indonesia II (Persero)
         PT Pelabuhan Indonesia IV (Persero)                                 PT Pelabuhan Indonesia IV (Persero)
         PT Pelabuhan Indonesia Investama                                    PT Pelabuhan Indonesia Investama
         PT Pelabuhan Tanjung Priok                                          PT Pelabuhan Tanjung Priok
         PT Pelayanan Energi Batam                                           PT Pelayanan Energi Batam
         PT Pelayaran Bahtera Adhiguna                                       PT Pelayaran Bahtera Adhiguna
         PT Pelayaran Nasional Indonesia (Persero)                           PT Pelayaran Nasional Indonesia (Persero)
         PT Pelindo Daya Sejahtera                                           PT Pelindo Daya Sejahtera


                                                      Halaman - 108 - Page
Page 647
                                             PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)          (Expressed in millions of Rupiah, unless otherwise stated)

44. TRANSAKSI         DENGAN        PIHAK      BERELASI           44. TRANSACTIONS           WITH     RELATED       PARTIES
    (lanjutan)                                                        (continued)
    a.   Jenis hubungan (lanjutan)                                     a.    Type of relationships (continued)
         Entitas dan lembaga pemerintah (lanjutan)                           Government entities and institutions (continued)
         PT Pelindo Husada Citra                                             PT Pelindo Husada Citra
         PT Pelindo Jasa Maritim                                             PT Pelindo Jasa Maritim
         PT Pelindo Marine Service                                           PT Pelindo Marine Service
         PT Pelindo Multi Terminal                                           PT Pelindo Multi Terminal
         PT Pelindo Properti Indonesia                                       PT Pelindo Properti Indonesia
         PT Pelindo Solusi Logistik                                          PT Pelindo Solusi Logistik
         PT Pelindo Terminal Petikemas                                       PT Pelindo Terminal Petikemas
         PT Pelita Air Service                                               PT Pelita Air Service
         PT Pemalang Batang Tol Road                                         PT Pemalang Batang Tol Road
         PT Pengembang Pelabuhan Indonesia                                   PT Pengembang Pelabuhan Indonesia
         PT Pengerukan Indonesia                                             PT Pengerukan Indonesia
         PT Pengusahaan Daerah Industri Pulau Batam                          PT Pengusahaan Daerah Industri Pulau Batam
            (Persero)                                                           (Persero)
         PT Penjaminan Infrastruktur Indonesia (Persero)                     PT Penjaminan Infrastruktur Indonesia (Persero)
         PT Penjaminan Jamkrindo Syariah                                     PT Penjaminan Jamkrindo Syariah
         PT Perikanan Nusantara (Persero)                                    PT Perikanan Nusantara (Persero)
         PT Perkebunan Nusantara I                                           PT Perkebunan Nusantara I
         PT Perkebunan Nusantara II                                          PT Perkebunan Nusantara II
         PT Perkebunan Nusantara III (Persero)                               PT Perkebunan Nusantara III (Persero)
         PT Perkebunan Nusantara IV                                          PT Perkebunan Nusantara IV
         PT Perkebunan Nusantara VI                                          PT Perkebunan Nusantara VI
         PT Perkebunan Nusantara VII                                         PT Perkebunan Nusantara VII
         PT Perkebunan Nusantara VIII                                        PT Perkebunan Nusantara VIII
         PT Perkebunan Nusantara X                                           PT Perkebunan Nusantara X
         PT Perkebunan Nusantara XII                                         PT Perkebunan Nusantara XII
         PT Perkebunan Nusantara XIII                                        PT Perkebunan Nusantara XIII
         PT Perkebunan Nusantara XIV                                         PT Perkebunan Nusantara XIV
         PT Permata Graha Nusantara                                          PT Permata Graha Nusantara
         PT Permodalan Nasional Madani (Persero)                             PT Permodalan Nasional Madani (Persero)
         PT Perta Arun Gas                                                   PT Perta Arun Gas
         PT Pertagas Niaga                                                   PT Pertagas Niaga
         PT Pertamina (Persero)                                              PT Pertamina (Persero)
         PT Pertamina Bina Medika IHC                                        PT Pertamina Bina Medika IHC
         PT Pertamina Drilling Services Indonesia                            PT Pertamina Drilling Services Indonesia
         PT Pertamina EP                                                     PT Pertamina EP
         PT Pertamina Gas                                                    PT Pertamina Gas
         PT Pertamina Hulu Indonesia                                         PT Pertamina Hulu Indonesia
         PT Pertamina Hulu Kalimantan Timur                                  PT Pertamina Hulu Kalimantan Timur
         PT Pertamina Hulu Mahakam                                           PT Pertamina Hulu Mahakam
         PT Pertamina Hulu Rokan                                             PT Pertamina Hulu Rokan
         PT Pertamina International Shipping                                 PT Pertamina International Shipping
         PT Pertamina Lubricants                                             PT Pertamina Lubricants
         PT Pertamina Maintenance and Construction                           PT Pertamina Maintenance and Construction
         PT Pertamina Marine Solutions                                       PT Pertamina Marine Solutions
         PT Pertamina Patra Niaga                                            PT Pertamina Patra Niaga
         PT Pertamina Pedeve Indonesia                                       PT Pertamina Pedeve Indonesia
         PT Pertamina Power Indonesia                                        PT Pertamina Power Indonesia
         PT Pertamina Retail                                                 PT Pertamina Retail
         PT Pertamina Training & Consulting                                  PT Pertamina Training & Consulting
         PT Pertamina Trans Kontinental                                      PT Pertamina Trans Kontinental
         PT Pertani (Persero)                                                PT Pertani (Persero)
         PT Peruri Digital Security                                          PT Peruri Digital Security
         PT Peruri Properti                                                  PT Peruri Properti
         PT Perusahaan Gas Negara Tbk                                        PT Perusahaan Gas Negara Tbk
         PT Perusahaan Listrik Negara (Persero)                              PT Perusahaan Listrik Negara (Persero)
         PT Perusahaan Pengelola Aset (Persero)                              PT Perusahaan Pengelola Aset (Persero)
         PT Perusahaan Perdagangan Indonesia                                 PT Perusahaan Perdagangan Indonesia
         PT Pesonna Indonesia Jaya                                           PT Pesonna Indonesia Jaya
         PT Pesonna Optima Jasa                                              PT Pesonna Optima Jasa
         PT Peteka Karya Tirta                                               PT Peteka Karya Tirta
         PT Petrosida Gresik                                                 PT Petrosida Gresik
         PT PG Rajawali II                                                   PT PG Rajawali II
         PT PGAS Telekomunikasi Nusantara                                    PT PGAS Telekomunikasi Nusantara
         PT Phapros Tbk                                                      PT Phapros Tbk
         PT PIM Prima Medika                                                 PT PIM Prima Medika
         PT Pindad (Persero)                                                 PT Pindad (Persero)



                                                      Halaman - 109 - Page
Page 648
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)         (Expressed in millions of Rupiah, unless otherwise stated)

44. TRANSAKSI        DENGAN        PIHAK      BERELASI           44. TRANSACTIONS           WITH     RELATED       PARTIES
    (lanjutan)                                                       (continued)
    a.   Jenis hubungan (lanjutan)                                    a.    Type of relationships (continued)
         Entitas dan lembaga pemerintah (lanjutan)                          Government entities and institutions (continued)
         PT Pindad Enjiniring Indonesia                                     PT Pindad Enjiniring Indonesia
         PT Pindad International Logistic                                   PT Pindad International Logistic
         PT Pindad Medika Utama                                             PT Pindad Medika Utama
         PT PLN Energi Primer Indonesia                                     PT PLN Energi Primer Indonesia
         PT PLN Nusantara Power                                             PT PLN Nusantara Power
         PT PLN Nusantara Renewables                                        PT PLN Nusantara Renewables
         PT PNM Investment Management                                       PT PNM Investment Management
         PT PNM Ventura Syariah                                             PT PNM Ventura Syariah
         PT PNM Venture Capital                                             PT PNM Venture Capital
         PT Pos Indonesia (Persero)                                         PT Pos Indonesia (Persero)
         PT Pos Logistik Indonesia                                          PT Pos Logistik Indonesia
         PT Pos Properti Indonesia                                          PT Pos Properti Indonesia
         PT PP (Persero) Tbk                                                PT PP (Persero) Tbk
         PT PP Infrastruktur                                                PT PP Infrastruktur
         PT PP Presisi Tbk                                                  PT PP Presisi Tbk
         PT PP Properti Tbk                                                 PT PP Properti Tbk
         PT PP Semarang Demak                                               PT PP Semarang Demak
         PT PP Sinergi Banjaratma                                           PT PP Sinergi Banjaratma
         PT PP Tirta Riau                                                   PT PP Tirta Riau
         PT PP Urban                                                        PT PP Urban
         PT Pratama Mitra Sejati                                            PT Pratama Mitra Sejati
         PT Prima Armada Raya                                               PT Prima Armada Raya
         PT Prima Husada Cipta Medan                                        PT Prima Husada Cipta Medan
         PT Prima Indonesia Logistik                                        PT Prima Indonesia Logistik
         PT Prima Layanan Nasional Enjiniring                               PT Prima Layanan Nasional Enjiniring
         PT Prima Medica Nusantara                                          PT Prima Medica Nusantara
         PT Prima Multi Terminal                                            PT Prima Multi Terminal
         PT Produksi Film Negara (Persero)                                  PT Produksi Film Negara (Persero)
         PT Pupuk Indonesia (Persero)                                       PT Pupuk Indonesia (Persero)
         PT Pupuk Indonesia Niaga                                           PT Pupuk Indonesia Niaga
         PT Pupuk Iskandar Muda                                             PT Pupuk Iskandar Muda
         PT Pupuk Kalimantan Timur                                          PT Pupuk Kalimantan Timur
         PT Pupuk Kujang Cikampek                                           PT Pupuk Kujang Cikampek
         PT Pupuk Sriwidjaja                                                PT Pupuk Sriwidjaja
         PT Rajawali Citramass                                              PT Rajawali Citramass
         PT Rajawali Nusantara Indonesia (Persero)                          PT Rajawali Nusantara Indonesia (Persero)
         PT Rajawali Nusindo                                                PT Rajawali Nusindo
         PT Rajawali Tanjungsari Enjiniring                                 PT Rajawali Tanjungsari Enjiniring
         PT Reasuransi Indonesia Utama (Persero)                            PT Reasuransi Indonesia Utama (Persero)
         PT Reasuransi Nasional Indonesia                                   PT Reasuransi Nasional Indonesia
         PT Reasuransi Syariah Indonesia                                    PT Reasuransi Syariah Indonesia
         PT Rekayasa Engineering                                            PT Rekayasa Engineering
         PT Reska Multi Usaha                                               PT Reska Multi Usaha
         PT Riset Perkebunan Nusantara                                      PT Riset Perkebunan Nusantara
         PT Rolas Nusantara Medika                                          PT Rolas Nusantara Medika
         PT Rumah Sakit Pelabuhan                                           PT Rumah Sakit Pelabuhan
         PT Rumah Sakit Pelni                                               PT Rumah Sakit Pelni
         PT Sahung Brantas Energi                                           PT Sahung Brantas Energi
         PT Saka Energi Indonesia                                           PT Saka Energi Indonesia
         PT Sang Hyang Seri                                                 PT Sang Hyang Seri
         PT Sarana Aceh Ventura                                             PT Sarana Aceh Ventura
         PT Sarana Bandar Nasional                                          PT Sarana Bandar Nasional
         PT Sarana Jakarta Ventura                                          PT Sarana Jakarta Ventura
         PT Sarana Jambi Ventura                                            PT Sarana Jambi Ventura
         PT Sarana Jatim Ventura                                            PT Sarana Jatim Ventura
         PT Sarana Kalbar Ventura                                           PT Sarana Kalbar Ventura
         PT Sarana Kalteng Ventura                                          PT Sarana Kalteng Ventura
         PT Sarana Kaltim Ventura                                           PT Sarana Kaltim Ventura
         PT Sarana Multi Infrastruktur (Persero)                            PT Sarana Multi Infrastruktur (Persero)
         PT Sarana Multigriya Finansial (Persero)                           PT Sarana Multigriya Finansial (Persero)
         PT Sei Mangkei Nusantara Tiga                                      PT Sei Mangkei Nusantara Tiga
         PT Semen Baturaja (Persero) Tbk                                    PT Semen Baturaja (Persero) Tbk
         PT Semen Indonesia (Persero) Tbk                                   PT Semen Indonesia (Persero) Tbk
         PT Semen Indonesia Beton                                           PT Semen Indonesia Beton
         PT Semen Indonesia Logistik                                        PT Semen Indonesia Logistik
         PT Semen Padang                                                    PT Semen Padang



                                                     Halaman - 110 - Page
Page 649
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)        (Expressed in millions of Rupiah, unless otherwise stated)

44. TRANSAKSI        DENGAN        PIHAK      BERELASI          44. TRANSACTIONS           WITH     RELATED       PARTIES
    (lanjutan)                                                      (continued)
    a.   Jenis hubungan (lanjutan)                                   a.    Type of relationships (continued)
         Entitas dan lembaga pemerintah (lanjutan)                         Government entities and institutions (continued)
         PT Senggigi Pratama Internasional                                 PT Senggigi Pratama Internasional
         PT Sepatim Batamtama                                              PT Sepatim Batamtama
         PT Sigma Cipta Caraka                                             PT Sigma Cipta Caraka
         PT Sigma Cipta Utama                                              PT Sigma Cipta Utama
         PT Sigma Mitra Sejati                                             PT Sigma Mitra Sejati
         PT Sinergi Colomadu                                               PT Sinergi Colomadu
         PT Sinergi Gula Nusantara                                         PT Sinergi Gula Nusantara
         PT Sinergi Mitra Investama                                        PT Sinergi Mitra Investama
         PT Sinkona Indonesia Lestari                                      PT Sinkona Indonesia Lestari
         PT Solusi Bangun Beton                                            PT Solusi Bangun Beton
         PT Solusi Bangun Indonesia Tbk                                    PT Solusi Bangun Indonesia Tbk
         PT Sri Pamela Medika Nusantara                                    PT Sri Pamela Medika Nusantara
         PT Sucofindo                                                      PT Sucofindo
         PT Sucofindo Advisory Utama                                       PT Sucofindo Advisory Utama
         PT Sucofindo Episi                                                PT Sucofindo Episi
         PT Sumberdaya Arindo                                              PT Sumberdaya Arindo
         PT Surabaya Industrial Estate Rungkut                             PT Surabaya Industrial Estate Rungkut
         PT Surveyor Indonesia (Persero)                                   PT Surveyor Indonesia (Persero)
         PT Surya Energi Indotama                                          PT Surya Energi Indotama
         PT Swadharma Sarana Informatika                                   PT Swadharma Sarana Informatika
         PT Taman Wisata Candi Borobudur, Prambanan, &                     PT Taman Wisata Candi Borobudur, Prambanan, &
            Ratu Boko                                                         Ratu Boko
         PT Tanjung Emas Daya Sejahtera                                    PT Tanjung Emas Daya Sejahtera
         PT Taspen (Persero)                                               PT Taspen (Persero)
         PT Taspen Abadi Sentosa                                           PT Taspen Abadi Sentosa
         PT Telekomunikasi Selular                                         PT Telekomunikasi Selular
         PT Telemedia Dinamika Sarana                                      PT Telemedia Dinamika Sarana
         PT Telkom Akses                                                   PT Telkom Akses
         PT Telkom Indonesia (Persero) Tbk                                 PT Telkom Indonesia (Persero) Tbk
         PT Telkom Satelit Indonesia                                       PT Telkom Satelit Indonesia
         PT Telkomsel Ekosistem Digital                                    PT Telkomsel Ekosistem Digital
         PT Telkomsel Mitra Inovasi                                        PT Telkomsel Mitra Inovasi
         PT Terminal Petikemas Surabaya                                    PT Terminal Petikemas Surabaya
         PT Terminal Teluk Lamong                                          PT Terminal Teluk Lamong
         PT Timah Karya Persada Properti                                   PT Timah Karya Persada Properti
         PT Timah Tbk                                                      PT Timah Tbk
         PT Tirta Tangsel Mandiri                                          PT Tirta Tangsel Mandiri
         PT Tracon Industri                                                PT Tracon Industri
         PT Trans Jawa Paspro Jalan Tol                                    PT Trans Jawa Paspro Jalan Tol
         PT Tugu Pratama Interindo                                         PT Tugu Pratama Interindo
         PT Tugu Reasuransi Indonesia                                      PT Tugu Reasuransi Indonesia
         PT Tusam Hutani Lestari                                           PT Tusam Hutani Lestari
         PT United Tractors Semen Gresik                                   PT United Tractors Semen Gresik
         PT Usaha Gedung Mandiri                                           PT Usaha Gedung Mandiri
         PT Varia Usaha Bahari                                             PT Varia Usaha Bahari
         PT Varia Usaha Beton                                              PT Varia Usaha Beton
         PT Varia Usaha Dharma Segara                                      PT Varia Usaha Dharma Segara
         PT Varia Usaha Lintas Segara                                      PT Varia Usaha Lintas Segara
         PT Wahana Optima Permai                                           PT Wahana Optima Permai
         PT Waskita Beton Precast Tbk                                      PT Waskita Beton Precast Tbk
         PT Waskita Karya (Persero) Tbk                                    PT Waskita Karya (Persero) Tbk
         PT Waskita Karya Infrastruktur                                    PT Waskita Karya Infrastruktur
         PT Waskita Modern Realti                                          PT Waskita Modern Realti
         PT Waskita Toll Road                                              PT Waskita Toll Road
         PT Widya Tirta Selaras                                            PT Widya Tirta Selaras
         PT Wijaya Karya (Persero) Tbk                                     PT Wijaya Karya (Persero) Tbk
         PT Wijaya Karya Bangunan Gedung Tbk                               PT Wijaya Karya Bangunan Gedung Tbk
         PT Wijaya Karya Beton Tbk                                         PT Wijaya Karya Beton Tbk
         PT Wijaya Karya Bitumen                                           PT Wijaya Karya Bitumen
         PT Wijaya Karya Industri dan Konstruksi                           PT Wijaya Karya Industri dan Konstruksi
         PT Wijaya Karya Komponen Beton                                    PT Wijaya Karya Komponen Beton
         PT Wijaya Karya Pracetak Gedung                                   PT Wijaya Karya Pracetak Gedung
         PT Wijaya Karya Realty                                            PT Wijaya Karya Realty
         PT Wijaya Karya Rekayasa Konstruksi                               PT Wijaya Karya Rekayasa Konstruksi
         PT Wijaya Karya Serang Panimbang                                  PT Wijaya Karya Serang Panimbang
         PT Yodya Karya                                                    PT Yodya Karya



                                                    Halaman - 111 - Page
Page 650
                                             PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                   31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)            (Expressed in millions of Rupiah, unless otherwise stated)

44. TRANSAKSI          DENGAN      PIHAK      BERELASI              44. TRANSACTIONS           WITH     RELATED        PARTIES
    (lanjutan)                                                          (continued)

    a.   Jenis hubungan (lanjutan)                                       a.    Type of relationships (continued)

         Pengendalian kegiatan Bank                                            Control on Bank’s activities
         Karyawan kunci                                                        Key employees

     b. Transaksi dengan pihak berelasi                                  b.    Transactions with related parties

         Dalam kegiatan perbankan, Bank melakukan                               For banking activities, the Bank has performed
         transaksi dengan pihak berelasi sebagai                                the following transactions with related parties
         berikut:                                                               as follows:

                                                   2024                 2023

         Aset                                                                                                              Assets
         Giro dan penempatan                                                                     Current accounts and placements
           pada bank lain (Catatan 6)                                                                  with other banks (Note 6)
           Pemegang saham pengendali                       57,913              71,545                   Controlling shareholders
           Pemegang saham                                  70,636              33,695                              Shareholders

                                                       128,549                105,240

         Investasi pada surat berharga                                                        Investments in marketable securities
            (Catatan 7)                                                                                                 (Note 7)
            Pemegang saham utama                    37,381,958          44,361,541                        Ultimate shareholders
            Pemegang saham pengendali                  113,886              97,775                     Controlling shareholders
            Pemegang saham                              79,568              50,017                                Shareholders
            Entitas dan lembaga pemerintah             542,225           1,054,180           Government entities and institutions

                                                    38,117,637          45,563,513

         Tagihan akseptasi (Catatan 8)                                                           Acceptance receivables (Note 8)
           Pemegang saham pengendali                    31,564                 30,910                 Controlling shareholders
           Pemegang saham                               10,868                 30,700                             Shareholders
           Entitas dan lembaga pemerintah              130,019                125,544        Government entities and institutions

                                                       172,451                187,154

         Piutang murabahah (Catatan 9)                                                           Murabahah receivables (Note 9)
           Entitas dan lembaga pemerintah                  43,504              91,991        Government entities and institutions
           Karyawan kunci                                  23,379              19,721                           Key employees

                                                           66,883             111,712

         Piutang ijarah (Catatan 9)                                                                   Ijarah receivables (Note 9)
           Entitas dan lembaga pemerintah                       -               1,159        Government entities and institutions

         Pinjaman qardh (Catatan 10)                                                                   Funds of qardh (Note 10)
           Entitas dan lembaga pemerintah              908,077            1,837,225          Government entities and institutions
           Karyawan kunci                                2,705                1,771                             Key employees

                                                       910,782            1,838,996

         Pembiayaan mudharabah (Catatan 11)                                                      Mudharabah financing (Note 11)
           Entitas dan lembaga pemerintah            2,000,000            1,000,000          Government entities and institutions

         Pembiayaan musyarakah (Catatan 12)                                                      Musyarakah financing (Note 12)
           Entitas dan lembaga pemerintah           26,065,721          24,702,709           Government entities and institutions
           Karyawan kunci                               76,829              60,761                              Key employees

                                                    26,142,550          24,763,470

         Jumlah aset dari pihak berelasi            67,538,852          73,571,244              Total assets from related parties

         Jumlah aset                               408,613,432         353,624,124                                    Total assets

         Persentase jumlah aset dari
           pihak berelasi terhadap                                                               Percentage of total assets from
           jumlah aset                                 16.53%                 20.80%             related parties to total assets




                                                    Halaman - 112 - Page
Page 651
                                             PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                   31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)            (Expressed in millions of Rupiah, unless otherwise stated)

44. TRANSAKSI          DENGAN        PIHAK      BERELASI             44. TRANSACTIONS WITH RELATED PARTIES
    (lanjutan)                                                           (continued)

    b.   Transaksi dengan pihak berelasi (lanjutan)                      b.    Transaction with related parties (continued)

         Dalam kegiatan perbankan, Bank melakukan                              For banking activities, the Bank has
         transaksi dengan pihak berelasi sebagai                               performed the following transactions with
         berikut: (lanjutan)                                                   related parties as follows: (continued)
                                                   2024                 2023

         Liabilitas                                                                                                     Liabilities
         Liabilitas segera (Catatan 16)                                                    Obligations due immediately (Note 16)
            Pemegang saham pengendali                       1,662          171,220                     Controlling shareholders

         Simpanan wadiah                                                                                       Wadiah deposits
           Giro wadiah (Catatan 18)                                                         Wadiah demand deposits (Note 18)
             Pemegang saham utama                    1,324,124            1,028,825                  Ultimate shareholders
             Pemegang saham                                372                  317                          Shareholders
             Entitas dan lembaga                                                                   Government entities and
                pemerintah                           1,562,248            1,794,526                           institutions
             Karyawan kunci                                101                  191                        Key employees

                                                     2,886,845            2,823,859

           Tabungan wadiah (Catatan 19)                                                     Wadiah savings deposits (Note 19)
             Entitas dan lembaga                                                                   Government entities and
               pemerintah                                   6,077                360                          institutions
             Karyawan kunci                                 7,824              9,803                        Key employees

                                                           13,901             10,163

         Jumlah simpanan wadiah                      2,900,746            2,834,022                         Total wadiah deposits

         Simpanan dari bank lain (Catatan 20)                                              Deposits from other banks (Note 20)
           Giro wadiah                                                                             Wadiah demand deposits
             Pemegang saham                                    81                 73                          Shareholders
             Entitas dan lembaga pemerintah                 1,288              1,280     Government entities and institutions

                                                            1,369              1,353

           Sertifikat Investasi Mudharabah                                                             Interbank Mudharabah
             Antarbank (“SIMA”)                                                               Investment Certificate (“SIMA”)
             Pemegang saham pengendali                 482,850              50,000                  Controlling shareholders
             Pemegang saham                            402,375             176,985                              Shareholders

                                                       885,225             226,985

           Sertifikat Pengelolaan Dana
             Berdasarkan Prinsip Syariah                                                         Sharia Compliant Interbank
             Antarbank (“SIPA”)                                                        Fund Management Certificate (“SIPA”)
             Pemegang saham pengendali                 200,834                     -              Controlling shareholders

         Jumlah simpanan bank lain                   1,087,428             228,338                Total deposits from other banks

         Liabilitas akseptasi                                                                             Acceptance liabilities
            Pemegang saham pengendali                      65,402             69,371                Controlling shareholders
            Pemegang saham                                 14,205             27,251                            Shareholders
            Entitas dan lembaga pemerintah                 32,746             47,283       Government entities and institutions

                                                       112,353             143,905

         Liabilitas imbalan kerja                                                                      Employee benefit liabilities
            Karyawan kunci                                 29,680             38,846                          Key employees

         Jumlah liabilitas dari                                                                                  Total liabilities
           pihak berelasi                            4,131,869            3,416,331                       from related parties

         Jumlah liabilitas                         105,647,971          87,222,911                                  Total liabilities

         Persentase jumlah liabilitas
           dari pihak berelasi                                                               Percentage of total liabilities from
           terhadap jumlah liabilitas                      3.91%              3.92%          related parties to total liabilities




                                                    Halaman - 113 - Page
Page 652
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                   31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)            (Expressed in millions of Rupiah, unless otherwise stated)

44. TRANSAKSI        DENGAN        PIHAK      BERELASI               44. TRANSACTIONS WITH RELATED PARTIES
    (lanjutan)                                                           (continued)

     b. Transaksi dengan pihak berelasi (lanjutan)                       b. Transaction with related parties (continued)

         Dalam kegiatan perbankan, Bank melakukan                              For banking activities, the Bank has performed
         transaksi dengan pihak berelasi sebagai                               the following transactions with related parties
         berikut: (lanjutan)                                                   as follows: (continued)

                                                   2024                 2023

         Dana syirkah temporer                                                                        Temporary syirkah funds
           Giro mudharabah (Catatan 24)                                                Mudharabah demand deposits (Note 24)
             Pemegang saham utama                    5,977,295           4,130,335                  Ultimate shareholders
             Pemegang saham                             25,542              19,594                           Shareholders
             Entitas dan lembaga pemerintah         13,811,052          13,431,882      Government entities and institutions

                                                    19,813,889          17,581,811

           Tabungan mudharabah                                                                  Mudharabah savings deposits
             (Catatan 25)                                                                                          (Note 25)
             Pemegang saham                                  -                   3                            Shareholders
             Entitas dan lembaga pemerintah            338,761             161,403       Government entities and institutions
             Karyawan kunci                             37,007              30,261                          Key employees

                                                       375,768             191,667

           Deposito mudharabah                                                                    Mudharabah time deposits
             (Catatan 26)                                                                                          (Note 26)
             Pemegang saham                             29,200              36,450                            Shareholders
             Entitas dan lembaga pemerintah         38,037,617          28,280,905       Government entities and institutions
             Karyawan kunci                             55,652              38,697                          Key employees

                                                    38,122,469          28,356,052

           Sukuk mudharabah                                                                                Subordinated sukuk
             subordinasi (Catatan 27)                                                               mudharabah (Note 27)
             Entitas dan lembaga pemerintah                60,000           25,000       Government entities and institutions

           Sukuk mudharabah                                                                                Issued mudharabah
             diterbitkan (Catatan 28)                                                                        sukuk (Note 28)
             Pemegang saham pengendali                  50,000                     -              Controlling shareholders
             Pemegang saham                             34,500                     -                           Shareholders
             Entitas dan lembaga pemerintah            281,000                     -     Government entities and institutions

                                                       365,500                     -

         Jumlah dana syirkah temporer                                                            Total temporary syirkah funds
           dari pihak berelasi                      58,737,626          46,154,530                       from related parties

         Jumlah dana syirkah temporer              257,923,889         227,662,092                 Total temporary syirkah funds

         Persentase jumlah dana syirkah
           temporer dari pihak berelasi                                                  Percentage of total temporary syirkah
           terhadap jumlah dana                                                                funds from related parties to
           syirkah temporer                            22.77%               20.27%            total temporary syirkah funds

    Gaji dan tunjangan, bonus dan tantiem, imbalan                       Salaries and allowances, bonuses and tantiem,
    jangka panjang untuk Dewan Komisaris dan Direksi                     long-term benefits for the Board of Commissioners
    untuk tahun yang berakhir pada tanggal                               and the Board of Directors for the years ended
    31 Desember 2024 dan 2023 sebesar Rp174.879                          31 December 2024 and 2023 are Rp174,879 and
    dan Rp152.251 atau 1,48% dan 1,49% dari jumlah                       Rp152,251 or 1.48% and 1.49% of total operating
    beban operasional.                                                   expenses.




                                                    Halaman - 114 - Page
Page 653
                                            PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)        (Expressed in millions of Rupiah, unless otherwise stated)

45. MANAJEMEN RISIKO                                            45. RISK MANAGEMENT

    Bank dalam menjalankan usahanya senantiasa                       In running its business, the Bank is always faced
    dihadapkan pada berbagai risiko. Perkembangan                    with various risks. Rapid developments in the
    yang pesat pada lingkungan eksternal dan internal                Bank's external and internal environment have also
    Bank juga menyebabkan risiko yang dihadapi Bank                  caused the risks faced by the Bank to become
    menjadi semakin kompleks. Maka dari itu, agar                    increasingly complex. Therefore, in order to be
    dapat beradaptasi dan mampu bersaing dalam                       able to adapt and be able to compete in the
    lingkungan bisnis, Bank dituntut untuk mampu                     business environment, the Bank is required to be
    menerapkan manajemen risiko yang andal dan                       able to implement reliable and systematic risk
    sistematis. Prinsip-prinsip manajemen risiko yang                management. The applied risk management
    diterapkan harus dapat mendukung Bank untuk                      principles must be able to support the Bank in
    lebih berhati-hati seiring dengan perkembangan                   being more prudent in line with the increasingly
    kegiatan usaha dan operasional perbankan yang                    advanced developments in business activities and
    semakin maju.                                                    banking operations.
    a.   Risiko kredit                                               a. Credit risk

         Risiko kredit adalah risiko akibat kegagalan                      Credit risk is the risk arising from the failure of
         nasabah atau pihak lain dalam memenuhi                            customers or other parties to fulfill their
         kewajiban kepada Bank sesuai dengan                               obligations to the Bank as per the agreed
         perjanjian yang disepakati, termasuk risiko                       contract, including credit risk due to debtor
         kredit akibat kegagalan debitur, risiko                           failure, counterparty credit risk, settlement risk,
         konsentrasi kredit (counterparty credit risk),                    and credit risk due to country risk.
         risiko kredit akibat kegagalan penyelesaian
         (settlement risk) dan risiko kredit akibat country
         risk.

         Pengelolaan risiko kredit yang dilakukan Bank                     The credit risk management carried out by the
         antara      lain    dengan       meningkatkan                     Bank are by improving the balance between
         keseimbangan antara ekspansi pembiayaan                           healthy financing expansion and financing
         yang sehat dan pengelolaan pembiayaan                             management by taking into account the
         dengan memperhatikan prinsip prudensialitas                       principle of prudentiality to avoid a decrease in
         agar terhindar dari penurunan kualitas                            the quality of financing. In addition, the Bank
         pembiayaan. Selain itu, Bank juga berupaya                        also seeks to reduce credit risk exposure
         untuk mengurangi eksposur risiko kredit, di                       through various credit risk mitigation by using a
         antaranya melalui berbagai langkah mitigasi                       number of techniques, such as collateral and
         risiko kredit dengan menggunakan sejumlah                         third party guarantees to reduce the impact of
         teknik seperti agunan dan jaminan pihak ketiga                    risk. Credit risk mitigation techniques allow the
         untuk mengurangi dampak risiko. Teknik                            Bank to be protected from deteriorating
         mitigasi risiko kredit memungkinkan Bank                          financing quality.
         untuk terlindungi dari terjadinya pemburukan
         kualitas kredit.

         Bank melakukan pengelolaan risiko kredit                          The Bank manages credit risk by:
         melalui:
         a. Pembiayaan Wholesale                                           a. Wholesale Financing
            1. Perencanaan Pembiayaan                                         1. Financing Planning
               a) Setting risk koridor                                           a) Setting risk corridor
               b) Fokus sektor industri                                          b) Industry sector focus
               c) Targeted customer dan client                                   c) Targeted customer and client
                   tiering                                                           tiering
               d) Manajemen limit dan manajemen                                  d) Limit and pipeline management
                   pipeline
               e) Portfolio guideline                                              e)   Portfolio guideline
            2.   Proses Akuisisi                                              2.   Acquisition Process
                 a) Proses analisa nasabah yang                                    a) Comprehensive customer’s due
                     komprehensif                                                     diligence
                 b) Assessment         risiko nasabah                              b) Risk assessment for wholesale
                     pembiayaan wholesale melalui                                     financing     customers    through
                     financing risk rating                                            financing risk rating
                 c) Proses keputusan dengan four                                   c) The decision-making process with
                     eyes principle                                                   the four eyes principle
                 d) Pemahaman dan penguasaan                                       d) Understanding and mastery of
                     proses bisnis                                                    business process
                 e) Risk mitigation melalui term &                                 e) Risk mitigation by term & condition
                     condition dan covenant                                           and covenant
            3.   Pemeliharaan & Pemantauan Intensif                           3.   Maintenance & Intensive Monitoring
                 a) Monitoring portfolio mix                                       a) Portfolio mix monitoring
                 b) Account mapping dan klasifikasi                                b) Mapping        account   and   risk
                    risiko                                                             classification

                                                    Halaman - 115 - Page
Page 654
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)        (Expressed in millions of Rupiah, unless otherwise stated)

45. MANAJEMEN RISIKO (lanjutan)                                 45. RISK MANAGEMENT (continued)
    a.   Risiko kredit (lanjutan)                                    a. Credit risk (continued)
         Bank melakukan pengelolaan risiko kredit                          The Bank manages credit risk by: (continued)
         melalui: (lanjutan)
         a. Pembiayaan Wholesale (lanjutan)                                a. Wholesale Financing (continued)
            3. Pemeliharaan & Pemantauan Intensif                             3. Maintenance & Intensive Monitoring
               (lanjutan)                                                        (continued)
               c) Reviu tahunan                                                  c) Annual review
               d) Watchlist alert                                                d) Watchlist alert
               e) Evaluasi Financing Risk Rating                                 e) Financing Risk Rating Evaluation
               f) Evaluasi Cadangan         Kerugian                             f) Allowance for Impairment Losses
                    Penurunan Nilai (“CKPN”)                                         (“CKPN”) Evaluation
               g) Pemantauan             pemenuhan                               g) Covenant fulfillment monitoring
                    covenant
               h) Pemantauan second way out                                        h)   Second way out monitoring
            4.   Optimal Collection & Recovery                                4.   Optimal Collection & Recovery
                 a) Restrukturisasi                                                a) Restructuring
                 b) Pemetaan         nasabah   sesuai                              b) Customer mapping based on
                     kuadran dan penetapan strategi                                    quadrants and setting strategy as
                     serta action plan                                                 well as action plan
                 c) Penyiapan infrastruktur & sistem                               c) Preparation of Collection &
                     Collection & Recovery                                             Recovery infrastructure & systems
                 d) Pemantauan NPF dan Write Off                                   d) NPF and Write Off monitoring
                 e) Program Booster Collection &                                   e) Booster Collection & Recovery
                     Recovery                                                          Program
         b. Pembiayaan Ritel                                               b. Retail Financing
            1. Perencanaan Pembiayaan                                         1. Financing Planning
               a) Fokus sektor, khusus untuk SME                                  a) Sector focus, especially for SME
               b) Fokus      segmen   &    targeted                               b) Segment      focus   &     targeted
                   customer                                                             customer
               c) Penetapan RAC & fitur produk                                    c) RAC & product features setting
               d) Program produk                                                  d) Product program
               e) Portfolio Guideline                                             e) Portfolio Guideline
            2.   Proses Akuisisi                                              2.   Acquisition Process
                 a) Memastikan akuisisi nasabah                                    a) Ensuring customer acquisition
                     sesuai target pasar, fitur produk                                based on target market, product
                     dan RAC                                                          features and RAC
                 b) Assessment       risiko    nasabah                             b) Risk     assessment       for     retail
                     pembiayaan ritel melalui scoring                                 financing      customers       through
                                                                                      scoring
                 c)   Implementasi four eyes principle                             c) The       four     eyes       principle
                                                                                      implementation
                 d)   Proses verifikasi: pendapatan,                               d) Verification     process:     income,
                      dokumen dan nasabah                                             document and customer
                 e)   Implementasi scoring model                                   e) Scoring model implementation
            3.   Pemeliharaan & Pemantauan Intensif                           3.   Maintenance & Intensive Monitoring
                 a) Pemantauan       portofolio   dan                              a) Portfolio and quality monitoring
                    kualitas
                 b) Reviu Watchlist dan reviu tahunan                              b)   Watchlist review and annual
                    (batas SME > Rp5.000)                                               review (SME limit > Rp5,000)
                 c) Pemeliharaan Scoring System                                    c)   Scoring System maintenance
                 d) Pemantauan post transaction:                                   d)   Post    transaction    monitoring:
                    covenant, second way out,                                           covenant, second way out,
                    committed to payroll, Perjanjian                                    committed to payroll, Non-Payroll
                    Kerjasama     Non-payroll,   hasil                                  Cooperation           Agreement,
                    welcoming call                                                      welcoming call result
            4.   Optimal Collection & Recovery                                4.   Optimal Collection & Recovery
                 a) Restrukturisasi                                                a) Restructuring
                 b) Mobile Collection                                              b) Mobile Collection
                 c) Peningkatan sistem collection                                  c) Enhancement collection system
                 d) Pemantauan NPF dan WO                                          d) NPF and WO monitoring
                 e) Program Booster Collection             &                       e) Booster Collection & Recovery
                     Recovery                                                          program
                 f) Pemantauan Sistem Klaim                &                       f) Claim & Subrogation Monitoring
                     Subrogasi                                                         System


                                                    Halaman - 116 - Page
Page 655
                                                         PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                                    NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                      31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                               (Expressed in millions of Rupiah, unless otherwise stated)

45. MANAJEMEN RISIKO (lanjutan)                                                         45. RISK MANAGEMENT (continued)

    a.   Risiko kredit (lanjutan)                                                             a. Credit risk (continued)

         (i)   Kualitas aset keuangan                                                                  (i)     Financial assets quality

               Tabel di bawah menunjukkan kualitas aset                                                        The following tables show the quality of
               keuangan berdasarkan golongan aset                                                              financial assets by asset class for all
               untuk semua aset keuangan yang                                                                  financial assets exposed by credit risk
               mempunyai risiko kredit (diluar cadangan                                                        (excluding allowance for impairment
               kerugian penurunan nilai):                                                                      losses):

                                                                        31 Desember/December 2024
                                                                                     Telah jatuh
                                                     Belum jatuh tempo atau         tempo tetapi
                                                  tidak mengalami penurunan             tidak
                                                     nilai/Neither past due          mengalami
                                                           nor impaired              penurunan
                                                                                        nilai/           Mengalami
                                                                     Tingkat          Past due           penurunan
                                                  Tingkat tinggi/    standar/          but not              nilai/       Jumlah/
                                                   High grade     Standard grade      impaired            Impaired        Total

               Aset                                                                                                                                                    Assets
               Giro dan penempatan pada                                                                                                    Current accounts and placements
                Bank Indonesia                       49,966,279                 -                  -                 -    49,966,279                  with Bank Indonesia
               Giro dan penempatan pada                                                                                                    Current accounts and placements
                bank lain                             3,880,874                 -                  -                 -     3,880,874                      with other banks
                                                                                                                                                  Investments in marketable
               Investasi pada surat berharga         62,251,806                -                -                    -    62,251,806                              securities
               Tagihan akseptasi                        185,145                -                -                    -       185,145                 Acceptance receivables
               Piutang murabahah                    136,369,827        2,438,836        2,156,308            3,307,563   144,272,534                 Murabahah receivables
               Piutang istishna                              11                -                -                    -            11                     Istishna receivables
               Piutang ijarah                           166,065            2,657            2,220               17,419       188,361                        Ijarah receivables
               Pinjaman qardh                        12,997,531          455,249           43,157              277,847    13,773,784                           Funds of qardh
               Pembiayaan mudharabah                  2,869,536                -                -               67,543     2,937,079                  Mudharabah financing
               Pembiayaan musyarakah                102,812,355        6,991,160        2,791,965            1,591,738   114,187,218                   Musyarakah financing
               Aset lain-lain*)                       1,221,765           37,634           11,361                    -     1,270,760                             Other assets*)

                                                    372,721,194        9,925,536        5,005,011            5,262,110   392,913,851


                                                                        31 Desember/December 2023
                                                                                     Telah jatuh
                                                     Belum jatuh tempo atau         tempo tetapi
                                                  tidak mengalami penurunan             tidak
                                                     nilai/Neither past due          mengalami
                                                           nor impaired              penurunan
                                                                                        nilai/           Mengalami
                                                                     Tingkat          Past due           penurunan
                                                  Tingkat tinggi/    standar/          but not              nilai/       Jumlah/
                                                   High grade     Standard grade      impaired            Impaired        Total

               Aset                                                                                                                                                    Assets
               Giro dan penempatan pada                                                                                                    Current accounts and placements
                Bank Indonesia                       32,440,778                 -                  -                 -    32,440,778                  with Bank Indonesia
               Giro dan penempatan pada                                                                                                    Current accounts and placements
                bank lain                             2,324,473                 -                  -                 -     2,324,473                      with other banks
                                                                                                                                                  Investments in marketable
               Investasi pada surat berharga         71,301,526                -                -                    -    71,301,526                              securities
               Tagihan akseptasi                        431,228                -                -                    -       431,228                 Acceptance receivables
               Piutang murabahah                    127,357,014        4,037,793        2,168,075            2,940,214   136,503,096                 Murabahah receivables
               Piutang istishna                              29                -                -                    1            30                     Istishna receivables
               Piutang ijarah                           199,239            3,350            2,820               12,991       218,400                        Ijarah receivables
               Pinjaman qardh                        10,493,267          478,080           42,477              293,257    11,307,081                           Funds of qardh
               Pembiayaan mudharabah                  1,806,298           10,490           33,101               31,244     1,881,133                  Mudharabah financing
               Pembiayaan musyarakah                 76,378,227        7,476,673        2,673,552            1,687,745    88,216,197                   Musyarakah financing
               Aset lain-lain*)                       1,062,912           18,501           10,550                    -     1,091,963                             Other assets*)

                                                    323,794,991       12,024,887        4,930,575            4,965,452   345,715,905


               *)                                                                                                            *)
                    Aset lain-lain terdiri atas piutang pendapatan yang masih                                                     Other assets consist of income receivables
                    akan diterima




                                                                     Halaman - 117 - Page
Page 656
                                            PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)         (Expressed in millions of Rupiah, unless otherwise stated)

45. MANAJEMEN RISIKO (lanjutan)                                  45. RISK MANAGEMENT (continued)

    a.   Risiko kredit (lanjutan)                                     a. Credit risk (continued)

         (i)   Kualitas aset keuangan (lanjutan)                            (i)   Financial assets quality (continued)

               Kualitas aset keuangan         didefinisikan                       Financial assets quality are defined as
               sebagai berikut:                                                   follows:

               Tingkat tinggi                                                     High grade

               (a)   Giro dan penempatan pada Bank                                (a)   Current accounts and placements
                     Indonesia, giro dan penempatan                                     with     Bank     Indonesia, current
                     pada bank lain yaitu giro atau                                     accounts and placements with other
                     penempatan           pada    institusi                             banks are current accounts or
                     Pemerintah, institusi Pemerintah                                   placements with the Government
                     Daerah, bank yang terdaftar di bursa                               institutions,    Local       Government
                     serta transaksi dengan bank yang                                   institutions, banks listed on the stock
                     memiliki reputasi baik dengan                                      exchange and transactions with
                     tingkat kemungkinan gagal bayar                                    reputable banks with low probability
                     atas kewajiban yang rendah.                                        of default on liabilities.
               (b)   Investasi pada surat berharga yaitu                          (b)   Investments in marketable securities
                     surat berharga yang diterbitkan oleh                               are       securities       issued    by
                     Pemerintah, efek-efek dan obligasi                                 Government, securities and bonds
                     yang termasuk dalam investment                                     that are included in investment
                     grade dengan rating minimal idBBB                                  grade with rating at least idBBB
                     (Pefindo), BBB+ (S&P), Baa1                                        (Pefindo), BBB+ (S&P), Baa1
                     (Moody’s) atau BBB+ (Fitch).                                       (Moody’s) or BBB+ (Fitch).
               (c)   Pembiayaan, piutang, dan pinjaman                            (c)   Financing, receivables and funds
                     yaitu pembiayaan, piutang, dan                                     are financing, receivables and funds
                     pinjaman kepada debitur dengan                                     to debtors with excellent payments
                     riwayat pembayaran yang sangat                                     history and never being in arrears
                     baik dan tidak pernah menunggak                                    throughout the financing period and
                     sepanjang           jangka     waktu                               debtors whose accounts have never
                     pembiayaan dan debitur dengan                                      been restructured.
                     riwayat           tidak       pernah
                     direstrukturisasi.
               (d)   Aset lain-lain yaitu piutang kepada                          (d)   Other assets are receivables from
                     Pemerintah         (termasuk    Bank                               Government       (including   Bank
                     Indonesia) atau Pemerintah Daerah                                  Indonesia) or local government such
                     seperti piutang pendapatan yang                                    as income receivables.
                     masih akan diterima.

               Tingkat standar                                                    Standard grade

               (a)   Giro dan penempatan pada bank                                (a)   Current accounts and placements
                     lain yaitu giro atau penempatan                                    with other banks are current
                     pada bank yang tidak terdaftar di                                  accounts or placements with non-
                     bursa.                                                             listed banks.
               (b)   Investasi pada surat berharga yaitu                          (b)   Investments in marketable securities
                     surat berharga yang termasuk dalam                                 are non-investment grade securities
                     non-investment grade dengan rating                                 with a minimum rating of idBB
                     minimal idBB (Pefindo), BBB- (S&P),                                (Pefindo), BBB- (S&P), Baa3
                     Baa3 (Moody’s) atau BBB- (Fitch).                                  (Moody’s) or BBB- (Fitch).
               (c)   Pembiayaan, piutang, dan pinjaman                            (c)   Financing, receivables and funds
                     yaitu pembiayaan, piutang, dan                                     are financing, receivables and funds
                     pinjaman kepada debitur dengan                                     to debtors with a good payment
                     riwayat pembayaran yang baik dan                                   history and debtors whose accounts
                     debitur dengan riwayat pernah                                      have been restructured.
                     direstrukturisasi.




                                                     Halaman - 118 - Page
Page 657
                                                         PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                                    NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                      31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                               (Expressed in millions of Rupiah, unless otherwise stated)

45. MANAJEMEN RISIKO (lanjutan)                                                        45. RISK MANAGEMENT (continued)

    a.   Risiko kredit (lanjutan)                                                              a. Credit risk (continued)

         (i)   Kualitas aset keuangan (lanjutan)                                                       (i)   Financial assets quality (continued)

               Kualitas aset keuangan                      didefinisikan                                     Financial assets quality are defined as
               sebagai berikut: (lanjutan)                                                                   follows: (continued)

               Tingkat standar (lanjutan)                                                                    Standard grade (continued)

               (d)       Aset lain-lain yaitu aset keuangan                                                  (d)       Other assets are financial assets
                         lainnya selain piutang pendapatan                                                             other than income receivables from
                         yang masih akan diterima kepada                                                               Government or Local Government
                         Pemerintah atau Pemerintah Daerah                                                             such as other receivables to third
                         seperti tagihan rupa-rupa kepada                                                              parties.
                         pihak ketiga lainnya.

               Berdasarkan PSAK 107, aset keuangan                                                           According to SFAS 107, past due financial
               yang telah jatuh tempo ditentukan ketika                                                      assets are determined when the debtor
               debitur gagal melakukan pembayaran                                                            fails to make payments on schedule. The
               sesuai    jadwal.   Tabel    di  bawah                                                        table below shows aging analysis of past
               menunjukkan aging analysis terhadap                                                           due but not impaired of financial assets:
               aset keuangan yang diberikan yang telah
               jatuh tempo tetapi tidak mengalami
               penurunan nilai:
                                                                     31 Desember/December 2024
                                                      ≤ 30 hari/       31 - 60 hari/   61 - 90 hari/         Jumlah/
                                                        days               days            days               Total


               Piutang murabahah                         1,051,945          576,261         528,102           2,156,308                              Murabahah receivables
               Piutang ijarah                                  840              251           1,129               2,220                                  Ijarah receivables
               Pinjaman qardh                               28,917           11,945           2,295              43,157                                     Funds of qardh
               Pembiayaan musyarakah                     2,678,490           76,347          37,128           2,791,965                               Musyarakah financing
               Aset lain-lain*)                              5,734            3,710           1,917              11,361                                       Other assets*)

                                                         3,765,926          668,514         570,571           5,005,011


                                                                     31 Desember/December 2023
                                                      ≤ 30 hari/       31 - 60 hari/   61 - 90 hari/         Jumlah/
                                                        days               days            days               Total


               Piutang murabahah                         1,001,039          583,144         583,892           2,168,075                              Murabahah receivables
               Piutang ijarah                                  903              600           1,317               2,820                                  Ijarah receivables
               Pinjaman qardh                               29,839           10,807           1,831              42,477                                     Funds of qardh
               Pembiayaan mudharabah                         1,099              638          31,364              33,101                               Mudharabah financing
               Pembiayaan musyarakah                     2,582,953           51,627          38,972           2,673,552                               Musyarakah financing
               Aset lain-lain*)                              5,661            2,050           2,839              10,550                                       Other assets*)

                                                         3,621,494          648,866         660,215           4,930,575


               *)                                                                                                            *)
                    Aset lain-lain terdiri atas piutang pendapatan yang masih                                                     Other assets consist of income receivables
                    akan diterima




                                                                     Halaman - 119 - Page
Page 658
                                                                 PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                                                NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                                  31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                           (Expressed in millions of Rupiah, unless otherwise stated)

45. MANAJEMEN RISIKO (lanjutan)                                                                     45. RISK MANAGEMENT (continued)

    a.   Risiko kredit (lanjutan)                                                                          a. Credit risk (continued)
         (ii) Analisis konsentrasi risiko                                                                        (ii) Risk concentration analysis

                     (a)      Sektor geografis                                                                          (a)    Geographical sectors

                              Tabel    berikut   menggambarkan                                                                 The following tables show the details
                              rincian   eksposur    kredit    yang                                                             of credit exposures categorised
                              dikategorikan berdasarkan wilayah                                                                by geographical area as at
                              geografis        pada        tanggal                                                             31 December 2024 and 2023. The
                              31 Desember 2024 dan 2023.                                                                       geographical area grouping is based
                              Pengelompokan wilayah geografis                                                                  on the Bank’s business operations
                              berdasarkan tempat beroperasinya                                                                 which also illustrates the business
                              bisnis    Bank    yang    sekaligus                                                              potential of each region:
                              menggambarkan potensial bisnis
                              wilayah masing-masing:
                                                                                         31 Desember/December 2024
                                                                                                             Indonesia Timur
                                                                                                                 dan Bali/
                                                                                                Kalimantan/   East Indonesia   Lainnya/                Jumlah/
                                                                         *)
                                                Jabodetabek     Jawa/Java          Sumatra        Borneo         and Bali       Others                  Total

              Aset                                                                                                                                                                              Assets
              Giro dan penempatan pada                                                                                                                                Current accounts and placements
                Bank Indonesia                     49,966,279                 -              -              -              -              -             49,966,279              with Bank Indonesia
              Giro dan penempatan pada                                                                                                                                Current accounts and placements
                bank lain                           3,877,702                 1          2,838             2            331               -              3,880,874                  with other banks
              Investasi pada                                                                                                                                                            Investments in
                surat berharga                     62,061,900        171,820            18,086              -              -             -              62,251,806             marketable securities
              Tagihan akseptasi                       142,589         42,556                 -              -              -             -                 185,145             Acceptance receivables
              Piutang murabahah                    42,193,159     33,304,210        42,128,094     12,818,821     13,828,250             -             144,272,534             Murabahah receivables
              Piutang istishna                              -             11                 -              -                            -                      11                Istishna receivables
              Piutang ijarah                           23,034         56,676            51,733          6,022         50,896             -                 188,361                     Ijarah financing
              Pinjaman qardh                        5,084,526      3,093,729         2,431,501        897,166      2,266,862             -              13,773,784                     Funds of qardh
              Pembiayaan mudharabah                 2,159,867        565,598           199,541              5         12,068             -               2,937,079              Mudharabah financing
              Pembiayaan musyarakah                61,156,477     18,933,010        22,072,923      4,645,877      6,824,312       554,619             114,187,218               Musyarakah financing
              Aset lain-lain**)                     1,065,310         67,845            55,885         16,717         59,138         5,865               1,270,760                      Other assets**)

                                                  227,730,843     56,235,456        66,960,601     18,384,610     23,041,857       560,484             392,913,851
              Cadangan kerugian                                                                                                                                                         Allowance for
               penurunan nilai                                                                                                                         (10,343,630)               impairment losses

              Neto                                                                                                                                     382,570,221                                 Net

              Rekening administratif                                                                                                                                        Administrative accounts
              Fasilitas pembiayaan
                yang belum digunakan                1,720,153         95,332          299,757         16,133          7,513               -              2,138,888          Unused financing facilities
              L/C yang tidak dapat dibatalkan         344,941          1,196           18,450              -              -               -                364,587                    Irrevocable L/C
              Bank garansi yang diterbitkan         1,463,676        115,718          401,175         32,259         27,897               -              2,040,725           Bank guarantees issued

                                                    3,528,770        212,246          719,382         48,392         35,410               -              4,544,200

                                                                                         31 Desember/December 2023
                                                                                                             Indonesia Timur
                                                                                                                 dan Bali/
                                                                                                Kalimantan/   East Indonesia   Lainnya/                Jumlah/
                                                                         *)
                                                Jabodetabek     Jawa/Java          Sumatra        Borneo         and Bali       Others                  Total

              Aset                                                                                                                                                                              Assets
              Giro dan penempatan pada                                                                                                                                Current accounts and placements
                Bank Indonesia                     32,440,778                 -             -              -               -              -             32,440,778              with Bank Indonesia
              Giro dan penempatan pada                                                                                                                                Current accounts and placements
                bank lain                           2,322,303                 2            13             74           2,081              -              2,324,473                  with other banks
              Investasi pada                                                                                                                                                            Investments in
                surat berharga                     71,195,560         61,872            44,094              -              -             -              71,301,526             marketable securities
              Tagihan akseptasi                       356,695         71,495             3,038              -              -             -                 431,228             Acceptance receivables
              Piutang murabahah                    37,811,118     30,959,995        41,321,128     11,954,658     14,456,197             -             136,503,096             Murabahah receivables
              Piutang istishna                              2             28                 -              -              -             -                      30                Istishna receivables
              Piutang ijarah                           29,265         53,075            61,278          7,835         66,947             -                 218,400                     Ijarah financing
              Pinjaman qardh                        5,569,913      2,151,760         1,428,816        609,006      1,547,586             -              11,307,081                     Funds of qardh
              Pembiayaan mudharabah                 1,179,774        595,881            94,688             84         10,706             -               1,881,133              Mudharabah financing
              Pembiayaan musyarakah                54,344,974     14,085,060        13,197,814      3,082,719      3,349,587       156,043              88,216,197               Musyarakah financing
              Aset lain-lain**)                       952,061         48,854            33,252         11,293         46,503             -               1,091,963                      Other assets**)

                                                  206,202,443     48,028,022        56,184,121     15,665,669     19,479,607       156,043             345,715,905
              Cadangan kerugian                                                                                                                                                         Allowance for
               penurunan nilai                                                                                                                          (9,846,025)               impairment losses

              Neto                                                                                                                                     335,869,880                                 Net

              Rekening administratif                                                                                                                                        Administrative accounts
              Fasilitas pembiayaan
                yang belum digunakan                1,639,164        140,823           91,820         17,154          4,388               -              1,893,349          Unused financing facilities
              L/C yang tidak dapat dibatalkan         325,605         40,370                -              -              -               -                365,975                    Irrevocable L/C
              Bank garansi yang diterbitkan         1,943,765        243,687          531,167         52,231         66,988               -              2,837,838           Bank guarantees issued
                                                    3,908,534        424,880          622,987         69,385         71,376               -              5,097,162


         *)                                                                                                                                           *)
              Pulau Jawa tidak termasuk area Jabodetabek                                                                                                 Java island excludes Jabodetabek area
         **)                                                                                                                                  **)
               Aset lain-lain terdiri atas piutang pendapatan yang masih akan diterima                                                              Other assets consist of income receivables




                                                                                  Halaman - 120 - Page
Page 659
                                                         PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                                     NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                       31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                (Expressed in millions of Rupiah, unless otherwise stated)

45. MANAJEMEN RISIKO (lanjutan)                                                         45. RISK MANAGEMENT (continued)

    a.   Risiko kredit (lanjutan)                                                             a. Credit risk (continued)

         (ii) Analisis konsentrasi risiko (lanjutan)                                                     (ii) Risk concentration analysis (continued)

              (b)       Sektor industri                                                                      (b)    Industrial sector

                       Tabel    berikut  menggambarkan                                                              The following tables show the details
                       rincian eksposur kredit pada nilai                                                           of the credit exposure at the carrying
                       tercatat     yang    dikategorikan                                                           amount categorised by industrial
                       berdasarkan sektor industri pada                                                             sector as at 31 December 2024 and
                       tanggal 31 Desember 2024 dan                                                                 2023:
                       2023:

                                                                                31 Desember/December 2024
                                                    Pemerintah
                                                     (termasuk          Bank dan
                                                        Bank             lembaga
                                                    Indonesia)/         keuangan
                                                   Government             lainnya/      Perusahaan
                                                     (including         Banks and         lainnya/
                                                        Bank          other financial      Other          Perseorangan/    Jumlah/
                                                     Indonesia)        institutions     companies          Individuals      Total

               Aset                                                                                                                                                Assets
                                                                                                                                                   Current accounts and
               Giro dan penempatan pada                                                                                                               placements with
                  Bank Indonesia                       49,966,279                   -                -                -    49,966,279                  Bank Indonesia
               Giro dan penempatan                                                                                                                 Current accounts and
                  pada bank lain                                  -        3,880,874                 -                -     3,880,874       placement with other banks
                                                                                                                                                           Investments in
               Investasi pada surat berharga          58,752,476           2,940,530         558,800                  -    62,251,806            marketable securities
               Tagihan akseptasi                          51,840              50,496          82,809                  -       185,145            Acceptance receivables
               Piutang murabahah                             905               7,642       9,261,860        135,002,127   144,272,534             Murabahah receivables
               Piutang istishna                                -                   -               -                 11            11                Istishna receivables
               Piutang ijarah                                  -                   -           5,284            183,077       188,361                     Ijarah financing
               Pinjaman qardh                            771,543                   -       4,010,476          8,991,765    13,773,784                      Funds of qardh
               Pembiayaan mudharabah                   2,000,000             368,310         544,341             24,428     2,937,079              Mudharabah financing
               Pembiayaan musyarakah                  14,605,048           1,659,965      56,962,439         40,959,766   114,187,218              Musyarakah financing
               Aset lain-lain*)                        1,009,412               4,557          47,453            209,338     1,270,760                       Other assets*)

                                                     127,157,503           8,912,374      71,473,462        185,370,512   392,913,851

               Cadangan kerugian                                                                                                                             Allowance for
                 penurunan nilai                                                                                          (10,343,630)                impairment losses

               Neto                                                                                                       382,570,221                                 Net

               Rekening Administratif                                                                                                           Administrative Accounts
               Fasilitas pembiayaan yang                                                                                                                Unused financing
                  belum digunakan                         48,751           1,420,812         564,968            104,357     2,138,888                         facilities
               L/C yang tidak dapat dibatalkan           137,527                   -         227,060                  -       364,587                    Irrevocable L/C
               Bank garansi yang diterbitkan             251,201              59,536       1,699,968             30,020     2,040,725             Bank guarantees issued

                                                          437,479          1,480,348       2,491,996            134,377     4,544,200


               *)                                                                                                          *)
                    Aset lain-lain terdiri atas piutang pendapatan yang masih                                                   Other assets consist of income receivables
                    akan diterima




                                                                      Halaman - 121 - Page
Page 660
                                                         PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                                     NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                       31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                (Expressed in millions of Rupiah, unless otherwise stated)

45. MANAJEMEN RISIKO (lanjutan)                                                         45. RISK MANAGEMENT (continued)

    a.   Risiko kredit (lanjutan)                                                             a. Credit risk (continued)

         (ii) Analisis konsentrasi risiko (lanjutan)                                                     (ii) Risk concentration analysis (continued)

              (b)       Sektor industri (lanjutan)                                                           (b)      Industrial sector (continued)

                       Tabel    berikut  menggambarkan                                                               The following tables show the details
                       rincian eksposur kredit pada nilai                                                            of the credit exposure at the carrying
                       tercatat     yang    dikategorikan                                                            amount categorised by industrial
                       berdasarkan sektor industri pada                                                              sector as at 31 December 2024 and
                       tanggal 31 Desember 2024 dan                                                                  2023: (continued)
                       2023: (lanjutan)

                                                                                31 Desember/December 2023
                                                    Pemerintah
                                                     (termasuk          Bank dan
                                                        Bank             lembaga
                                                    Indonesia)/         keuangan
                                                   Government             lainnya/      Perusahaan
                                                     (including         Banks and         lainnya/
                                                        Bank          other financial      Other          Perseorangan/     Jumlah/
                                                     Indonesia)        institutions     companies          Individuals       Total

               Aset                                                                                                                                                  Assets
                                                                                                                                                     Current accounts and
               Giro dan penempatan pada                                                                                                                 placements with
                  Bank Indonesia                      32,440,778                    -                -                  -    32,440,778                  Bank Indonesia
               Giro dan penempatan                                                                                                                   Current accounts and
                  pada bank lain                                  -        2,324,473                 -                  -     2,324,473       placement with other banks
                                                                                                                                                             Investments in
               Investasi pada surat berharga          68,666,168           1,925,650         709,708                  -      71,301,526            marketable securities
               Tagihan akseptasi                               -              82,801         348,427                  -         431,228            Acceptance receivables
               Piutang murabahah                          43,301             101,798       8,575,481        127,782,516     136,503,096             Murabahah receivables
               Piutang istishna                                -                   -               -                 30              30                Istishna receivables
               Piutang ijarah                                  -                   -           1,285            217,115         218,400                     Ijarah financing
               Pinjaman qardh                          1,434,965                   -       3,440,996          6,431,120      11,307,081                      Funds of qardh
               Pembiayaan mudharabah                   1,000,000             386,022         489,398              5,713       1,881,133              Mudharabah financing
               Pembiayaan musyarakah                  15,443,670             989,886      47,461,747         24,320,894      88,216,197              Musyarakah financing
               Aset lain-lain*)                          898,276               1,844          39,219            152,624       1,091,963                       Other assets*)

                                                     119,927,158           5,812,474      61,066,261        158,910,012     345,715,905

               Cadangan kerugian                                                                                                                               Allowance for
                 penurunan nilai                                                                                             (9,846,025)                impairment losses

               Neto                                                                                                         335,869,880                                 Net

               Rekening Administratif                                                                                                             Administrative Accounts
               Fasilitas pembiayaan yang                                                                                                                  Unused financing
                  belum digunakan                          85,700          1,332,153         385,595               89,901     1,893,349                         facilities
               L/C yang tidak dapat dibatalkan             23,845                  -         342,130                    -       365,975                    Irrevocable L/C
               Bank garansi yang diterbitkan              571,247             88,393       2,153,323               24,875     2,837,838             Bank guarantees issued

                                                          680,792          1,420,546       2,881,048            114,776       5,097,162


               *)                                                                                                            *)
                    Aset lain-lain terdiri atas piutang pendapatan yang masih                                                     Other assets consist of income receivables
                    akan diterima




                                                                      Halaman - 122 - Page
Page 661
                                            PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)         (Expressed in millions of Rupiah, unless otherwise stated)

45. MANAJEMEN RISIKO (lanjutan)                                  45. RISK MANAGEMENT (continued)

    a.   Risiko kredit (lanjutan)                                     a. Credit risk (continued)

         (iii) Analisis      eksposur        maksimum                       (iii) Analysis of maximum exposure to
               terhadap     risiko    kredit    setelah                           credit risk after considering the impact
               memperhitungkan dampak agunan                                      of collateral and other credit risk
               dan mitigasi risiko kredit lainnya                                 mitigation

              1. Secured financing                                              1. Secured financing
              2. Partially secured financing                                    2. Partially secured financing

              Untuk      secured    financing,   Bank                           For secured financing, the Bank
              menetapkan jenis dan nilai agunan yang                            determined the type and value of
              dijaminkan sesuai skema pembiayaan.                               collateral according to the financing
              Jenis dari agunan adalah sebagai berikut:                         scheme. Types of collateral are as
                                                                                follows:

               a. Physical collateral, berupa objek                             a.   Physical collateral, in the form of
                  benda bergerak maupun tidak                                        movable or immovable objects,
                  bergerak antara lain: kendaraan                                    includes: motor vehicles, land and
                  bermotor, tanah dan bangunan, serta                                buildings, as well as other properties.
                  properti lainnya.

               b. Financial collateral, berupa simpanan                         b.   Financial collateral, such as deposits
                  (tabungan, giro, deposito), surat                                  (savings, current accounts, time
                  berharga, dan emas.                                                deposits), securities and gold.

                   Apabila terjadi default (gagal bayar),                            In case of default, the Bank will use
                   Bank akan menggunakan agunan                                      the collateral as the last resort to
                   tersebut sebagai pilihan terakhir                                 recover counterparty obligations.
                   untuk     pemenuhan         kewajiban
                   counterparty.

                   Partially secured financing terdiri dari                          Partially secured financing consists of
                   pembiayaan         untuk     golongan                             financing for fixed income employees,
                   berpenghasilan tetap, pembiayaan                                  financing for retirees and other
                   untuk      para     pensiunan       dan                           consumer financing. In their payment
                   pembiayaan       konsumer      lainnya.                           obligations,      partially    secured
                   Dalam pembayaran kewajibannya,                                    financing is generally made through
                   partially secured financing umumnya                               automatic payroll deduction. Hence,
                   dilakukan     melalui     pemotongan                              the risk level of partially secured
                   penghasilan       secara     otomatis.                            financing is not as big as the carrying
                   Dengan demikian, tingkat risiko dari                              value.
                   partially secured financing tidak
                   sebesar           nilai         tercatat
                   pembiayaannya.

                   Mitigasi risiko kredit untuk partially                            Financing risk mitigations for partially
                   secured financing terdiri dari surat                              secured      financing    consists    of
                   keputusan pengangkatan pegawai                                    employee recruitment decision letter
                   dan surat keterangan pensiun.                                     and certificate of retirement.

    b.   Risiko pasar                                                 b. Market risk

         Risiko pasar adalah risiko akibat perubahan                        Market risk is the risk due to changes in market
         harga pasar, antara lain risiko dari perubahan                     prices, such as risks of changes in the value of
         nilai aset yang dapat diperdagangkan atau                          assets that can be traded or leased. Market
         disewakan. Risiko pasar terdiri dari dua jenis                     risk consists of two types of risk: exchange rate
         risiko: risiko nilai tukar dan risiko benchmark                    risk and interest rate benchmark risk.
         suku bunga.




                                                     Halaman - 123 - Page
Page 662
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                   31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)            (Expressed in millions of Rupiah, unless otherwise stated)

45. MANAJEMEN RISIKO (lanjutan)                                     45. RISK MANAGEMENT (continued)

    b. Risiko pasar (lanjutan)                                            b.   Market risk (continued)

         Bank melakukan pengelolaan risiko pasar                               The Bank manages market risk through:
         melalui:
         - Menerapkan prinsip segregation of duty                              -   Applying the principle of segregation of duty
            dengan memisahkan fungsi front office,                                 by separating the functions of the front
            middle office, dan back office dalam                                   office, middle office, and back office in the
            pelaksanaan transaksi surat berharga dan                               carrying out securities and foreign
            valuta asing.                                                          exchange transactions.
         - Menerapkan segregation of duty dalam                                -   Applying segregation of duty in carrying out
            pelaksanaan transaksi treasury antara                                  treasury transaction between dealer and
            dealer dan supervisor.                                                 supervisor.
         - Melakukan cut loss posisi terbuka sukuk                             -   Doing sukuk open position cut loss if market
            apabila terdapat penurunan harga pasar.                                price decline.
         - Melakukan reviu terhadap kebijakan dan                              -   Reviewing policies and standard operating
            standar prosedur operasi yang terkait                                  procedures     related    to market       risk
            dengan pengelolaan risiko pasar.                                       management.
         - Menetapkan batas risiko pasar mencakup                              -   Setting market risk limits include Net Open
            Posisi Devisa Neto (“PDN”), Value at Risk                              Position (“NOP”), Value at Risk (“VaR”),
            (“VaR”), Posisi Terbuka, Stop Loss,                                    Open Position, Stop Loss, Treasury
            Transaksi Treasury, dan Cut Loss.                                      Transactions, and Cut Loss.
         - Melakukan pengukuran risiko pasar                                   -   Conducting market risk measurement using
            menggunakan VaR, Sensitivitas dan Stress                               VaR, Sensitivity Analysis and Stress Test.
            Test.
         - Memantau pergerakan indikator eksternal                             -   Monitoring the movement of external
            antara lain nilai tukar Dolar Amerika Serikat                          indicators including the United States
            /Rupiah, yield, surat berharga pemerintah,                             Dollar/Rupiah    exchange     rate,  yield,
            tingkat imbal hasil pasar, harga emas,                                 government securities, market yields, gold
            Indonesia     Overnight     Index   Average                            prices, Indonesia Overnight Index Average
            (”IndONIA”), dan informasi pasar terkini.                              (”IndONIA”) and the latest market
                                                                                   information.
         -   Melakukan mark to market surat berharga                           -   Conducting mark to market toward
             dan revaluasi kurs secara harian.                                     marketable securities and daily foreign
                                                                                   exchange rate revaluation.

         Risiko benchmark suku bunga                                           Benchmark rate risk

         Risiko benchmark suku bunga merupakan                                 Benchmark rate risk is the risk due to changes
         risiko akibat perubahan harga instrumen                               in financial instrument prices, such as sukuk,
         keuangan, antara lain sukuk, dari posisi trading                      from trading book positions caused by changes
         book yang disebabkan oleh perubahan suku                              in interest rates. Benchmark rate risk which
         bunga. Risiko benchmark suku bunga yang                               consists of specific risk and general risk is
         terdiri atas risiko spesifik dan risiko umum                          taken into account in the Risk Weighted Assets
         diperhitungkan      dalam    penilaian      Aset                      valuation for Market Risk.
         Tertimbang Menurut Risiko untuk Risiko Pasar.

         Tabel di bawah ini menunjukkan sensitivitas                           The following tables show the sensitivity of the
         terhadap dampak kemungkinan perubahan                                 Bank’s profit or loss and other comprehensive
         atas risiko benchmark suku bunga terhadap                             income and equity to reasonably possible
         laba rugi dan penghasilan komprehensif lain                           changes in benchmark rate risk, assuming all
         serta ekuitas dengan asumsi bahwa semua                               other variables are constant for the years
         variabel lain yang dimiliki adalah konstan untuk                      ended 31 December 2024 and 2023:
         tahun yang berakhir 31 Desember 2024 dan
         2023:
                                                        31 Desember/December 2024
                                         Perubahan         Dampak terhadap   Dampak terhadap
                                         persentase/           laba rugi/         ekuitas/
                                          Change in            Impact to         Impact to
                                         percentage          profit or loss        equity

         Risiko benchmark suku bunga              +1%              (75,735)            (579,785)                Benchmark rate risk
                                                  -1%               75,735              579,785




                                                       Halaman - 124 - Page
Page 663
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                   31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)            (Expressed in millions of Rupiah, unless otherwise stated)

45. MANAJEMEN RISIKO (lanjutan)                                     45. RISK MANAGEMENT (continued)

    b. Risiko pasar (lanjutan)                                            b.   Market risk (continued)

         Risiko benchmark suku bunga (lanjutan)                                Benchmark rate risk (continued)

         Tabel di bawah ini menunjukkan sensitivitas                           The following tables show the sensitivity of the
         terhadap dampak kemungkinan perubahan                                 Bank’s profit or loss and other comprehensive
         atas risiko benchmark suku bunga terhadap                             income to possible changes in benchmark rate
         laba rugi dan penghasilan komprehensif lain                           risk, assuming all other variables are constant
         serta ekuitas dengan asumsi bahwa semua                               for the years ended 31 December 2024 and
         variabel lain yang dimiliki adalah konstan untuk                      2023: (continued)
         tahun yang berakhir 31 Desember 2024 dan
         2023: (lanjutan)

                                                        31 Desember/December 2023
                                         Perubahan         Dampak terhadap   Dampak terhadap
                                         persentase/           laba rugi/         ekuitas/
                                          Change in            Impact to         Impact to
                                         percentage          profit or loss        equity

         Risiko benchmark suku bunga              +1%              (89,931)            (383,353)               Benchmark rate risk
                                                  -1%               89,931              383,353

         Risiko nilai tukar                                                    Exchange rate risk

         Risiko nilai tukar merupakan risiko yang timbul                       Exchange rate risk is the risk due to the gap
         karena adanya perbedaan posisi valuta asing                           of foreign exchange positions owned by the
         yang dimiliki Bank yang tercermin dalam PDN                           Bank which is reflected in the NOP either on
         baik neraca maupun secara keseluruhan.                                balance sheet or as a whole. Included in the
         Termasuk dalam posisi valuta asing tersebut                           foreign exchange position are the trading
         yaitu posisi trading book yang dilakukan                              book positions carried out with the aim of
         dengan tujuan untuk mendapatkan keuntungan                            gaining     short-term     foreign    exchange
         transaksi valuta asing dalam jangka pendek                            transaction benefits as well as banking book
         maupun posisi banking book dalam rangka                               positions to maintain NOP. The NOP
         pengendalian PDN. Perhitungan PDN disajikan                           calculation is disclosed in Note 54p.
         dalam Catatan 54p.

         Tabel di bawah ini menunjukkan sensitivitas                           The following tables show the sensitivity of the
         terhadap kemungkinan perubahan atas nilai                             Bank’s profit or loss and other comprehensive
         tukar terhadap laba rugi dan penghasilan                              income to reasonably possible changes in
         komprehensif lain dengan asumsi bahwa                                 exchange rate, assuming all other variables
         semua variabel lain yang dimiliki adalah                              are constant for the years ended 31 December
         konstan    untuk   tahun   yang  berakhir                             2024 and 2023:
         31 Desember 2024 dan 2023:

                                                     31 Desember/December 2024
                                                                 Dampak terhadap laba
                                                                  rugi dan penghasilan
                                                                    komprehensif lain
                                                Perubahan             sebelum pajak/
                                                persentase/      Impact to profit or loss
                                                 Change in      and other comprehensive
                                                percentage          income before tax
         Mata uang asing                                    +1%                     9,931                     Foreign currencies
                                                            -1%                    (9,931)

                                                     31 Desember/December 2023
                                                                 Dampak terhadap laba
                                                                  rugi dan penghasilan
                                                                    komprehensif lain
                                                Perubahan             sebelum pajak/
                                                persentase/      Impact to profit or loss
                                                 Change in      and other comprehensive
                                                percentage          income before tax
         Mata uang asing                                    +1%                     9,419                     Foreign currencies
                                                            -1%                    (9,419)




                                                       Halaman - 125 - Page
Page 664
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)        (Expressed in millions of Rupiah, unless otherwise stated)

45. MANAJEMEN RISIKO (lanjutan)                                 45. RISK MANAGEMENT (continued)

    c.   Risiko likuiditas                                          c. Liquidity risk

         Risiko    likuiditas   adalah    risiko akibat                    Liquidity risk is the risk arising from the Bank's
         ketidakmampuan Bank untuk memenuhi                                inability to meet maturing obligations from cash
         kewajiban yang jatuh tempo dari sumber                            flow funding sources and/or from high-quality
         pendanaan arus kas dan/atau dari aset likuid                      liquid assets that can be pledged, without
         berkualitas tinggi yang dapat diagunkan, tanpa                    disrupting the Bank's activities and financial
         mengganggu aktivitas dan kondisi keuangan                         condition. Along with the development of the
         Bank. Seiring dengan perkembangan bisnis                          Bank’s business, liquidity risk is one of the risk
         Bank, risiko likuiditas merupakan salah satu                      that become the major concerns of the Bank. It
         risiko yang menjadi perhatian utama Bank.                         may result from the growth of the Bank’s
         Risiko ini dapat terjadi akibat pertumbuhan                       financing which is greater than the growth of
         pembiayaan        Bank   yang     lebih  besar                    third party funds. The difference between the
         dibandingkan dengan pertumbuhan dana                              availability of source of funds and the maturity
         pihak ketiga. Perbedaan antara ketersediaan                       of receivable and financing can lead to difficulty
         sumber dana dan jatuh tempo piutang dan                           in fulfilling bank obligations to customers and
         pembiayaan dapat menyebabkan kesulitan                            other parties.
         dalam memenuhi kewajiban bank kepada
         nasabah dan pihak lainnya.

         Tindakan yang diambil oleh Bank untuk                             The actions taken by the Bank to minimise the
         meminimalisir risiko likuiditas antara lain                       liquidity risk include the following:
         sebagai berikut:

         1) Melakukan pemisahan fungsi antara unit                         1) Separating the functions between the
            treasury   sebagai     front office, unit                         treasury unit as the front office, the risk
            manajemen risiko sebagai middle office,                           management unit as the middle office, and
            dan unit operasional sebagai back office.                         the operations unit as the back office.

         2) Melakukan penempatan dana pada aset                            2) Placement of funds in high quality liquid
            likuid berkualitas tinggi sebagai cadangan                        assets as liquidity reserves.
            likuiditas.

         3) Memelihara akses ke pasar uang melalui                         3) Maintaining access to the money market
            penempatan dan pinjaman antarbank.                                through placements and financing between
                                                                              banks.

         4) Melakukan reviu terhadap kebijakan dan                         4) Reviewing policies and standard operating
            prosedur operasi standar yang terkait                             procedures related to the management of
            dengan pengelolaan risiko likuiditas.                             liquidity risk.

         5) Memantau kondisi likuiditas Bank secara                        5) Monitoring      the   liquidity      conditions
            berkala melalui beberapa rasio likuiditas                         periodically through some liquidity ratios
            seperti Financing to Deposit Ratio (“FDR”),                       such as the Financing to Deposit Ratio
            Liquidity Coverage Ratio (“LCR”), rasio                           (“FDR”), Liquidity Coverage Ratio (“LCR”),
            kewajiban antarbank, arus kas, dan liquidity                      the ratio of inter-bank liabilities, cash flow
            gap.                                                              and liquidity gaps.

         6) Menentukan batas risiko likuiditas seperti                     6) Setting the liquidity risk limit such as limit of
            batas dari persyaratan Giro Wajib Minimum                         Statutory Reserve Requirement (“GWM”)
            (“GWM”) dan secondary reserve.                                    and secondary reserve.




                                                    Halaman - 126 - Page
Page 665
                                                                       PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                                                              NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                                                31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                                         (Expressed in millions of Rupiah, unless otherwise stated)

45. MANAJEMEN RISIKO (lanjutan)                                                                                  45. RISK MANAGEMENT (continued)

    c.        Risiko likuiditas (lanjutan)                                                                            c.         Liquidity risk (continued)

              Berikut adalah tabel analisis jatuh tempo aset                                                                     The following are the tables of assets and
              dan        liabilitas      pada        tanggal                                                                     liabilities maturity analysis as at 31 December
              31 Desember 2024 dan 2023, berdasarkan                                                                             2024 and 2023, based on the remaining time
              waktu yang tersisa sampai dengan tanggal                                                                           until the maturity date:
              jatuh tempo:

                                                                                          31 Desember/December 2024
                                                                     Lebih dari                Lebih dari                                        Lainnya
                                                                       1 bulan                  3 bulan                Lebih                   yang tidak
                                                Sampai             sampai dengan            sampai dengan                dari                   memiliki
                                                dengan                 3 bulan/                 1 tahun/              1 tahun/                jatuh tempo/
                                                1 bulan/         More than 1 month       More than 3 months          More than              Others that have             Jumlah/
     Keterangan                              Up to 1 month         up to 3 months            up to 1 year              1 year                no maturities                Total                           Descriptions

    Aset                                                                                                                                                                                                         Assets

    Kas                                              8,080,689                      -                        -                        -                        -            8,080,689                             Cash
                                                                                                                                                                                                 Current accounts and
    Giro dan penempatan pada                                                                                                                                                                 placements with Bank
        Bank Indonesia                             49,966,279                       -                        -                        -                        -           49,966,279                     Indonesia
                                                                                                                                                                                                 Current accounts and
     Giro dan penempatan                                                                                                                                                                            placements with
         pada bank lain                              3,880,874                      -                        -                        -                        -            3,880,874                   other banks
                                                                                                                                                                                           Investments in marketable
    Investasi pada surat berharga                    4,906,359            10,427,000             18,418,166                  28,500,281                        -           62,251,806                     securities
    Tagihan akseptasi                                   30,721                66,362                 88,062                           -                        -              185,145         Acceptance receivables
    Piutang - murabahah,                                                                                                                                                                   Receivables - murabahah,
        istishna, dan ijarah                           201,507               240,192                 3,867,415              140,151,792                        -          144,460,906            istishna and ijarah
    Pinjaman qardh                                   1,621,547             5,109,110                 3,646,878                3,396,249                        -           13,773,784                   Funds of qardh
    Pembiayaan mudharabah                               20,507                 8,189                 2,110,222                  798,161                        -            2,937,079           Mudharabah financing
    Pembiayaan musyarakah                            1,984,502             3,422,875                 7,680,873              101,098,968                        -          114,187,218           Musyarakah financing
    Aset lain-lain *)                                  343,605                75,786                   216,260                  635,109                        -            1,270,760                    Other assets*)

    Jumlah aset                                    71,036,590             19,349,514             36,027,876                 274,580,560                        -          400,994,540                      Total assets

    Liabilitas                                                                                                                                                                                                Liabilities

    Liabilitas segera                                 858,643                       -                        -                        -                        -              858,643    Obligations due immediately
                                                                                                                                                                                                Undistributed revenue
    Bagi hasil yang belum dibagikan                   291,578                      -                        -                        -                         -              291,578                        sharing
    Simpanan wadiah                                74,427,146                      -                        -                        -                         -           74,427,146                  Wadiah deposits
    Liabilitas kepada Bank Indonesia               18,417,864                      -                        -                        -                         -           18,417,864    Liabilities to Bank Indonesia
    Simpanan dari bank lain                         4,151,348                      -                        -                        -                         -            4,151,348      Deposits from other banks
    Kewajiban akseptasi                                30,721                 66,362                   88,062                        -                         -              185,145             Acceptance liabilities
    Liabilitas imbalan kerja                                -                      -                        -                  534,730                         -              534,730    Employee benefits liabilities
    Liabilitas sewa                                     9,262                      -                    2,906                  169,128                         -              181,296                   Lease liabilities
    Liabilitas lain-lain **)                          555,333                      -                        -                        -                         -              555,333                  Other liabilities**)

    Jumlah liabilitas                              98,741,895                 66,362                   90,968                  703,858                         -           99,603,083                   Total liabilities

    Dana syirkah temporer                                                                                                                                                               Temporary syirkah funds
                                                                                                                                                                                              Mudharabah savings
    Tabungan mudharabah                            85,790,658                      -                      -                           -                        -           85,790,658                  deposits
    Deposito mudharabah                            79,254,419             30,634,460             20,789,988                           -                        -          130,678,867    Mudharabah time deposits
    Giro mudharabah                                37,235,801                      -                      -                           -                        -           37,235,801 Mudharabah demand deposits
                                                                                                                                                                                               Subordinated sukuk
    Sukuk mudharabah subordinasi                             -                      -                        -                  200,000                        -              200,000              mudharabah
    Sukuk mudharabah diterbitkan                             -                      -                1,700,000                1,318,563                        -            3,018,563    Issued mudharabah sukuk
    Pembiayaan berjangka mudharabah                  1,000,000                      -                        -                        -                        -            1,000,000   Mudharabah term financing

    Jumlah dana syirkah                                                                                                                                                                              Total temporary
       temporer                                   203,280,878             30,634,460             22,489,988                   1,518,563                        -          257,923,889                syirkah funds

    Perbedaan jatuh tempo                        (230,986,183)            (11,351,308)           13,446,920                 272,358,139                        -           43,467,568                     Maturity gap

    *)                                                                                                                                                                   *)
          Aset lain-lain terdiri atas piutang pendapatan yang masih akan diterima                                                                                           Other assets consist of income receivables
    **)                                                                                                               **)
          Liabilitas lain-lain terdiri atas biaya yang masih harus dibayar, setoran jaminan, premi                          Other liabilities consist of accrued expenses, guarantee deposits, loan insurance premium
          asuransi dan rekening sementara                                                                                                                                                      and temporary accounts




                                                                                        Halaman - 127 - Page
Page 666
                                                                       PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                                                            NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                                              31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                                       (Expressed in millions of Rupiah, unless otherwise stated)

45. MANAJEMEN RISIKO (lanjutan)                                                                                45. RISK MANAGEMENT (continued)

    c.        Risiko likuiditas (lanjutan)                                                                          c.         Liquidity risk (continued)

              Berikut adalah tabel mengenai analisis jatuh                                                                     The following are the tables of assets and
              tempo aset dan liabilitas pada tanggal                                                                           liabilities maturity analysis as at 31 December
              31 Desember 2024 dan 2023, berdasarkan                                                                           2024 and 2023, based on the remaining time
              waktu yang tersisa sampai dengan tanggal                                                                         until the maturity date: (continued)
              jatuh tempo: (lanjutan)

                                                                                          31 Desember/December 2023
                                                                      Lebih dari               Lebih dari                                      Lainnya
                                                                        1 bulan                 3 bulan              Lebih                   yang tidak
                                                Sampai              sampai dengan           sampai dengan              dari                   memiliki
                                                dengan                  3 bulan/                1 tahun/            1 tahun/                jatuh tempo/
                                                1 bulan/          More than 1 month      More than 3 months        More than              Others that have             Jumlah/
     Keterangan                              Up to 1 month          up to 3 months           up to 1 year            1 year                no maturities                Total                           Descriptions

    Aset                                                                                                                                                                                                       Assets

    Kas                                              5,255,841                      -                      -                        -                        -            5,255,841                             Cash
                                                                                                                                                                                               Current accounts and
    Giro dan penempatan pada                                                                                                                                                               placements with Bank
        Bank Indonesia                             31,670,928                769,850                       -                        -                        -           32,440,778                     Indonesia
                                                                                                                                                                                               Current accounts and
     Giro dan penempatan                                                                                                                                                                          placements with
         pada bank lain                              2,324,473                      -                      -                        -                        -            2,324,473                   other banks
                                                                                                                                                                                         Investments in marketable
    Investasi pada surat berharga                  17,162,511              3,050,078             19,328,749                31,760,188                        -           71,301,526                     securities
    Tagihan akseptasi                                 289,490                 68,657                 73,081                         -                        -              431,228         Acceptance receivables
    Piutang - murabahah,                                                                                                                                                                 Receivables - murabahah,
        istishna, dan ijarah                           187,326               215,094              2,726,139               133,592,967                        -          136,721,526            istishna and ijarah
    Pinjaman qardh                                   2,307,387             3,432,912              3,683,726                 1,883,056                        -           11,307,081                   Funds of qardh
    Pembiayaan mudharabah                               17,726                 3,515              1,120,244                   739,648                        -            1,881,133           Mudharabah financing
    Pembiayaan musyarakah                            2,780,961             4,182,168             11,022,109                70,230,959                        -           88,216,197           Musyarakah financing
    Aset lain-lain *)                                   77,248                76,689                250,554                   687,472                        -            1,091,963                    Other assets*)

    Jumlah aset                                    62,073,891             11,798,963             38,204,602               238,894,290                        -          350,971,746                      Total assets

    Liabilitas                                                                                                                                                                                              Liabilities

    Liabilitas segera                                1,316,067                      -                      -                        -                        -            1,316,067    Obligations due immediately
                                                                                                                                                                                              Undistributed revenue
    Bagi hasil yang belum dibagikan                   255,932                      -                       -                       -                         -              255,932                        sharing
    Simpanan wadiah                                67,873,898                      -                       -                       -                         -           67,873,898                  Wadiah deposits
    Liabilitas kepada Bank Indonesia               11,900,055                      -                       -                       -                         -           11,900,055    Liabilities to Bank Indonesia
    Simpanan dari bank lain                         1,761,301                      -                       -                       -                         -            1,761,301      Deposits from other banks
    Kewajiban akseptasi                               289,490                 68,657                  73,081                       -                         -              431,228             Acceptance liabilities
    Liabilitas imbalan kerja                                -                      -                       -                 667,264                         -              667,264    Employee benefits liabilities
    Liabilitas sewa                                        35                 13,352                  53,031                  56,775                         -              123,193                   Lease liabilities
    Liabilitas lain-lain **)                          646,909                      -                       -                       -                         -              646,909                 Other liabilities **)

    Jumlah liabilitas                              84,043,687                 82,009                 126,112                 724,039                         -           84,975,847                   Total liabilities

    Dana syirkah temporer                                                                                                                                                             Temporary syirkah funds
                                                                                                                                                                                            Mudharabah savings
    Tabungan mudharabah                            78,280,185                      -                      -                         -                        -           78,280,185                  deposits
    Deposito mudharabah                            72,641,261             26,116,550             17,226,978                         -                        -          115,984,789    Mudharabah time deposits
    Giro mudharabah                                32,417,260                      -                      -                         -                        -           32,417,260 Mudharabah demand deposits
                                                                                                                                                                                             Subordinated sukuk
    Sukuk mudharabah subordinasi                            -                       -                      -                 200,000                         -              200,000               mudharabah
    Sukuk mudharabah diterbitkan                            -                       -                      -                   3,608                         -                3,608    Issued sukuk mudharabah
    Pembiayaan berjangka mudharabah                   776,250                       -                      -                       -                         -              776,250   Mudharabah term financing

    Jumlah dana syirkah                                                                                                                                                                            Total temporary
       temporer                                   184,114,956             26,116,550             17,226,978                  203,608                         -          227,662,092                syirkah funds

    Perbedaan jatuh tempo                        (206,084,752 )           (14,399,596)           20,851,512               237,966,643                        -           38,333,807                     Maturity gap

    *)                                                                                                                                                                 *)
          Aset lain-lain terdiri atas piutang pendapatan yang masih akan diterima                                                                                         Other assets consist of income receivables
    **)                                                                                                             **)
          Liabilitas lain-lain terdiri atas biaya yang masih harus dibayar, setoran jaminan, premi                        Other liabilities consist of accrued expenses, guarantee deposits, loan insurance premium
          asuransi dan rekening sementara                                                                                                                                                    and temporary accounts


              Bank senantiasa mengevaluasi efektivitas                                                                         The      Bank  continually   evaluates    the
              sistem operasi untuk memastikan bahwa dana                                                                       effectiveness of the operating system to
              yang tersedia cukup untuk memenuhi seluruh                                                                       ensure that sufficient funds are available to
              kebutuhan dengan melakukan monitoring                                                                            meet all needs by monitoring the condition of
              terhadap kondisi likuiditas Bank melalui                                                                         the Bank's liquidity through several liquidity
              beberapa rasio likuiditas. Bank meyakini dana                                                                    ratios. The Bank believes that funds will
              tetap tumbuh dan arus kas dari aktiva produktif                                                                  continue to grow and cash flow from earning
              dapat menjaga kecukupan likuiditas.                                                                              assets will be able to maintain sufficient
                                                                                                                               liquidity.




                                                                                        Halaman - 128 - Page
Page 667
                                                         PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                               NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                 31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                          (Expressed in millions of Rupiah, unless otherwise stated)

46. NILAI WAJAR                     ASET        DAN        LIABILITAS              46. FAIR VALUE OF FINANCIAL ASSETS AND
    KEUANGAN                                                                           LIABILITIES

    Tabel di bawah ini menyajikan perbandingan antara                                       The table below summarises the comparison
    nilai tercatat dan nilai wajar dari aset dan liabilitas                                 between the carrying values and fair values of
    keuangan. Nilai wajar yang diungkapkan adalah                                           financial assets and liabilities of the Bank. The fair
    berdasarkan informasi relevan yang tersedia pada                                        values disclosed are based on relevant information
    tanggal 31 Desember 2024 dan 2023 tidak                                                 available as at 31 December 2024 and 2023 and
    diperbaharui untuk mencerminkan perubahan                                               are not updated to reflect changes in market
    dalam kondisi pasar yang telah terjadi setelah                                          conditions which have occurred after these dates.
    tanggal ini.

    Pada tanggal 31 Desember 2024 dan 2023 nilai                                            As at 31 December 2024 and 2023, the carrying
    tercatat dari aset dan liabilitas keuangan Bank                                         value of the Bank’s financial assets and liabilities
    memiliki nilai yang hampir sama dengan nilai                                            approximates their fair value except for the
    wajarnya kecuali untuk instrumen berikut:                                               following financial instruments:
                                         31 Desember/December 2024                      31 Desember/December 2023
                                    Nilai tercatat/        Nilai wajar/            Nilai tercatat/        Nilai wajar/
                                    Carrying value          Fair value             Carrying value          Fair value

    Investasi pada surat                                                                                                           Investments in marketable
       berharga                            62,251,806             62,478,192                  71,301,526             70,704,166                 securities

    Tabel di bawah ini menyajikan instrumen keuangan                                        The tables below show the financial instruments
    yang diakui pada nilai wajar berdasarkan hierarki                                       recognised at fair value based on the hierarchy
    yang digunakan Bank untuk menentukan dan                                                used by the Bank in determining and disclosing the
    mengungkapkan nilai wajar dari instrumen                                                fair value of financial instruments:
    keuangan:
    (i) Tingkat        1:    harga     kuotasian    (tanpa                                  (i)     Level 1: quoted prices (unadjusted) in active
          penyesuaian) di pasar aktif untuk aset atau                                               markets for identical assets or liabilities which
          liabilitas yang identik yang dapat diakses pada                                           are accessible at the measurement date.
          tanggal pengukuran.
    (ii) Tingkat 2: input selain harga kuotasian yang                                       (ii)    Level 2: inputs other than quoted prices
          termasuk dalam level 1 yang dapat diobservasi                                             included in level 1 that are observable for the
          untuk aset dan liabilitas, baik secara langsung                                           assets and liabilities, either directly or
          atau tidak langsung.                                                                      indirectly.
    (iii) Tingkat 3: pengukuran nilai wajar yang berasal                                    (iii)   Level 3: Fair value measurements are those
          dari teknik penilaian yang mencakup input                                                 derived from valuation techniques that include
          untuk aset dan liabilitas yang bukan                                                      inputs for asset and liability that are not based
          berdasarkan       data    pasar   yang     dapat                                          on observable market data.
          diobservasi.

    Nilai wajar tingkat 1 dinilai menggunakan data dari                                     The fair value level 1 is valued by using data from
    Bloomberg.                                                                              Bloomberg.

    Nilai wajar tingkat 2 dinilai menggunakan data dari                                     The fair value level 2 is valued by using data from
    Indonesia Bond Pricing Agency (“IBPA”) dan Net                                          Indonesia Bond Pricing Agency (“IBPA”) and Net
    Asset Value report dimana dihitung dengan model                                         Asset Value report which is calculated using a
    diskonto arus kas dengan kurva yield (diambil dari                                      discounted cash flow model based on current yield
    data pasar) terkini yang sesuai dengan sisa                                             curve (derived from market data) appropriated with
    periode jatuh temponya.                                                                 the remaining term of maturity.
                                                                 31 Desember/December 2024
                                                 Nilai wajar/     Tingkat/       Tingkat/           Tingkat/
                                                  Fair value      Level 1        Level 2            Level 3

    Investasi pada surat berharga                   62,478,192               -    62,448,716            29,476              Investments in marketable securities

                                                                 31 Desember/December 2023
                                                 Nilai wajar/     Tingkat/       Tingkat/           Tingkat/
                                                  Fair value      Level 1        Level 2            Level 3

    Investasi pada surat berharga                   70,704,166               -    70,672,379            31,787              Investments in marketable securities


     Nilai wajar aset dan kewajiban keuangan tertentu,                                      The fair values of certain financial assets and
     kecuali efek-efek dan sukuk Pemerintah yang                                            liabilities, except for securities and Government
     dimiliki hingga jatuh tempo, piutang, dan                                              sukuk classified as held to maturity, receivables
     pembiayaan yang diberikan dan surat berharga                                           and financing and marketable securities issued
     yang diterbitkan, mendekati nilai tercatatnya                                          approximate their carrying values due to their
     karena mempunyai jangka waktu jatuh tempo yang                                         short-term maturities.
     singkat.

                                                                  Halaman - 129 - Page
Page 668
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)        (Expressed in millions of Rupiah, unless otherwise stated)

46. NILAI WAJAR      ASET           DAN      LIABILITAS         46. FAIR VALUE OF FINANCIAL ASSETS AND
    KEUANGAN (lanjutan)                                             LIABILITIES (continued)

    a.   Giro dan penempatan pada Bank Indonesia,                     a.   Current accounts and placements with Bank
         giro dan penempatan pada bank lain, tagihan                       Indonesia, current accounts and placements
         akseptasi dan aset lain-lain.                                     with other banks, acceptance receivables and
                                                                           other assets.

         Nilai tercatat dari giro dan penempatan pada                      The carrying amount of current accounts and
         Bank Indonesia dan bank lain, tagihan                             placements with Bank Indonesia and other
         akseptasi, dan aset lain-lain adalah perkiraan                    banks, acceptance receivables and other
         yang layak atas nilai wajar.                                      assets are a reasonable approximations of
                                                                           fair value.

    b.   Investasi pada surat berharga                                b.   Investments in marketable securities

         Nilai wajar untuk investasi pada surat berharga                   The fair value for amortised cost investments
         yang dimiliki hingga jatuh tempo ditetapkan                       in marketable securities are based on the
         berdasarkan harga pasar atau harga kuotasi                        market prices or broker/dealer price
         perantara (broker)/pedagang efek (dealer).                        quotations. When this information is not
         Jika informasi ini tidak tersedia, nilai wajar                    available, the fair value is estimated using
         diestimasi dengan menggunakan harga pasar                         quoted market prices for securities with
         kuotasi efek yang memiliki karakteristik risiko                   similar credit risk, maturity and yield
         kredit, jatuh tempo, dan yield yang serupa atau                   characteristics or using internal valuation
         menggunakan metode penilaian internal.                            models.

    c.   Liabilitas segera, simpanan wadiah, simpanan                 c.   Obligations       due   immediately,     wadiah
         dari bank lain, liabilitas lain-lain, dan dana                    deposits, deposits from other banks, other
         syirkah temporer.                                                 liabilities and temporary syirkah funds.

         Estimasi nilai wajar dari liabilitas segera,                      The estimated fair value of obligations due
         simpanan mudharabah, dan liabilitas lain-lain                     immediately, mudharabah deposits and other
         adalah sebesar jumlah yang harus dibayarkan                       liabilities are the amounts repayable on
         kembali sewaktu-waktu.                                            demand.

         Estimasi nilai wajar terhadap simpanan wadiah                     The estimated fair values of wadiah deposits
         dan simpanan dari bank lain dengan tingkat                        and deposits from other banks with fixed rate
         margin tetap dan liabilitas akseptasi ditetapkan                  margin and acceptance liabilities are
         berdasarkan diskonto arus kas dengan                              determined based on discounted cash flows
         menggunakan tingkat margin pasar uang                             using money market margin rates for with
         dengan sisa jatuh tempo yang serupa.                              similar remaining maturities.

    d.   Piutang dan pembiayaan                                       d.   Receivables and financing

         Portofolio piutang dan pembiayaan Bank                            Generally, the Bank’s receivables and
         secara umum terdiri dari piutang dan                              financing portfolio consists of receivables and
         pembiayaan yang diberikan dan dinyatakan                          financing that are stated at amortised cost.
         berdasarkan amortised cost.

         Estimasi nilai wajar terhadap piutang dan                         The estimated fair values of receivables and
         pembiayaan ditetapkan berdasarkan diskonto                        financing     are    determined    based      on
         arus kas dengan menggunakan tingkat margin                        discounted cash flows using margin rates
         yang berlaku untuk piutang dan pembiayaan                         applied for receivables and financing with
         dengan risiko kredit dan sisa jatuh tempo yang                    similar credit risk and remaining maturities.
         serupa.

         Nilai wajar dari piutang dan pembiayaan yang                      The estimated fair value of loans represent
         diberikan menunjukkan nilai diskon dari                           the discounted amount of estimated future
         perkiraan arus kas masa depan yang                                cash flows expected to be received by the
         diharapkan akan diterima oleh Bank dengan                         Bank using the current market rates.
         menggunakan tingkat margin pasar saat ini.




                                                    Halaman - 130 - Page
Page 669
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)        (Expressed in millions of Rupiah, unless otherwise stated)

47. SEGMEN OPERASI                                              47. OPERATIONS SEGMENTS

    Segmen operasi Bank dibagi berdasarkan                           The Bank’s operating segment is divided based on
    beberapa segmen operasi sebagai berikut:                         the following operating segments: Corporate
    Corporate     Banking,   Commercial     Banking,                 Banking,    Commercial Banking,         Institutional
    Hubungan Kelembagaan, Ritel dan Treasury                         Relation, Retail and Treasury Banking & Head
    Banking & Kantor Pusat. Dalam menentukan hasil                   Office. In determining the results of operating
    segmen operasi, beberapa akun aset dan liabilitas                segments, certain asset and liability accounts and
    serta pendapatan dan biaya diatribusikan ke                      revenues and expenses are attributed to each
    masing-masing segmen berdasarkan kebijakan                       segment based on management's internal
    pelaporan internal manajemen. Komponen Internal                  reporting policies. The components of Internal
    Transfer   Pricing   Model   diterapkan   dalam                  Transfer Pricing Model are applied in the
    perhitungan kinerja laba rugi masing-masing                      calculation of profit or loss performance of each
    segmen.                                                          segments.

    Ringkasan berikut menjelaskan operasi masing-                    The following summary describes the operations of
    masing segmen dalam pelaporan segmen Bank:                       each segment in the Bank's segment reporting:

     -   Corporate Banking: melayani badan usaha                     - Corporate Banking: serves business entities
         seperti BUMN dan anak perusahaannya,                          such as SOEs and their subsidiaries, state
         lembaga negara, perusahaan multinasional,                     institutions, multinational companies, banks and
         bank dan lembaga keuangan bukan bank                          non-bank financial institutions (including non-
         (termasuk   modal     ventura non-linkage),                   linkage venture capital), syndicated financing,
         pembiayaan sindikasi, perusahaan terbuka,                     public companies and securities companies.
         dan perusahaan sekuritas.

    -    Commercial Banking: melayani badan usaha                    - Commercial Banking: serves business entities
         seperti BUMD dan anak perusahaannya,                          such as BUMD and its subsidiaries, regional
         pemerintah daerah, rumah sakit (kecuali diatur                governments, hospitals (unless regulated in
         dalam produk khusus), perguruan tinggi negeri                 special products), state and private universities
         dan swasta (yayasan yang memiliki perguruan                   (foundations with tertiary institutions).
         tinggi).

    -    Hubungan Kelembagaan: saat ini difokuskan                   - Institutional Relation: currently focused on the
         untuk pengelolaan dana nasabah dan                            management of customer funds and other
         transaksi-transaksi lainnya milik nasabah                     transactions belonging to customers of
         lembaga pemerintah dan dana pensiun BUMN.                     government institutions and BUMN pension
                                                                       funds.

    -    Ritel: saat ini meliputi antara lain:                       - Retail: currently includes, among others:
         • Ritel SME: melayani badan usaha swasta                      •   SME Retail: serving private business
              berbentuk badan hukum dan nonbadan                           entities in the form of legal entities and non-
              hukum untuk tujuan produktif, pendidikan                     legal entities for productive purposes,
              dasar & menengah, klinik, koperasi, pola                     primary & secondary education, clinics,
              linkage, inti plasma, dan perorangan.                        cooperatives, linkage patterns, plasma core
                                                                           and individuals.
         •   Ritel Mikro: ditujukan untuk melayani                     •   Micro Retail: aimed at serving individual
             nasabah individual dan pengusaha mikro,                       customers and micro entrepreneurs,
             termasuk di dalamnya adalah penyaluran                        including the distribution of subsidised
             pembiayaan bersubsidi untuk mendukung                         financing to support government programs
             program         pemerintah        dalam                       in empowering community businesses.
             memberdayakan usaha masyarakat.
         •   Ritel Konsumer: melayani perorangan                        •   Consumer Retail: serving individuals for
             untuk tujuan konsumtif/multiguna (antara                       consumptive/multipurpose (among others
             lain produk Griya, Multiguna, Kendaraan,                       Griya products, Multipurpose, Vehicles,
             Pensiunan, Kartu Pembiayaan, Cicil Emas                        Pensioners,    Financing  Cards,    Gold
             dan Gadai Emas, pembiayaan program                             Installments and Pawn Gold, government
             pemerintah).                                                   program financing).




                                                    Halaman - 131 - Page
Page 670
                                                                   PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                                                   NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                                     31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                              (Expressed in millions of Rupiah, unless otherwise stated)

47. SEGMEN OPERASI (lanjutan)                                                                          47. OPERATIONS SEGMENTS (continued)

    Ringkasan berikut menjelaskan operasi masing-                                                                 The following summary describes the operations of
    masing segmen dalam pelaporan segmen Bank:                                                                    each segment in the Bank's segment reporting:
    (lanjutan)                                                                                                    (continued)

    -      Lainnya: saat ini meliputi antara lain:                                                                - Others: currently include, among others:
           • Treasury: segmen treasury terkait dengan                                                               •   Treasury: treasury segment related to the
               kegiatan treasury Bank termasuk transaksi                                                                Bank's treasury activities including foreign
               valuta asing, money market, fixed income,                                                                exchange transactions, money market,
               bisnis perbankan internasional, pasar                                                                    fixed    income,      international   banking
               modal, supervisi Kantor Luar Negeri.                                                                     business, capital market, supervision of
                                                                                                                        Foreign Office.
           •        Kantor Pusat: terkait dengan pengelolaan                                                        •   Head Office: related to the management of
                    aset dan liabilitas selain yang telah                                                               assets and liabilities other than those
                    dikelola oleh segmen operasi lainnya                                                                already managed by other operating
                    termasuk menerima alokasi biaya atas                                                                segments,       including    receiving   cost
                    penyediaan jasa servis secara sentralisasi                                                          allocation for centralised service provision
                    kepada      segmen       lainnya    serta                                                           to    other     segments       as   well   as
                    pendapatan/biaya yang tidak teralokasi ke                                                           revenues/costs that are not allocated to
                    pelaporan segmen lainnya.                                                                           other segment reporting.

    Kinerja diukur berdasarkan laba segmen sebelum                                                                Performance is measured based on segment profit
    pajak penghasilan, sebagaimana dilaporkan dalam                                                               before income tax, as reported in an internal
    laporan internal manajemen yang direviu oleh                                                                  management report reviewed by the Bank
    Manajemen Bank. Keuntungan segmen digunakan                                                                   Management. Segment profit is used to measure
    untuk mengukur kinerja dimana manajemen                                                                       performance where management believes that the
    berkeyakinan bahwa informasi tersebut paling                                                                  information is most relevant in evaluating the
    relevan dalam mengevaluasi hasil segmen tersebut                                                              results of the segment relative to other entities
    relatif terhadap entitas lain yang beroperasi dalam                                                           operating in the industry.
    industri tersebut.

    Berikut ini adalah informasi                                segmen            Bank                            Information concerning the operating segments of
    berdasarkan segmen operasi:                                                                                   the Bank are as follows:
                                                                                           31 Desember/December 2024
                                                                                                                    Treasury
                                                                                                                   Banking &
                                                                                 Hubungan                         Kantor Pusat/      Penyesuaian &
                                                                               Kelembagaan/                         Treasury           Eliminasi/
                                          Corporate         Commercial          Institutional                    Banking & Head      Adjustment &           Jumlah/
    Keterangan                             Banking           Banking              Relation       Retail Banking      Office           Elimination**)         Total                          Descriptions

                                                                                                                                                                                      Revenue from fund
    Pendapatan pengelolaan dana                                                                                                                                                            management
       sebagai mudharib*)                      4,758,365          1,643,295          4,743,000       26,466,294         2,321,675        (14,634,426)         25,298,203                  as mudharib*)
    Hak pihak ketiga atas bagi hasil*)        (3,682,258)        (1,179,454)        (4,192,316)     (13,010,908)         (614,513)        14,790,420          (7,889,029) Third parties' share on return*)

    Hak bagi hasil milik Bank                  1,076,107           463,841            550,684       13,455,386          1,707,162            155,994          17,409,174             Bank's share in profit

    Pendapatan usaha lainnya                     374,100           198,027                101        2,257,932          2,726,319                      -       5,556,479          Other operating income

    Beban usaha                                 (151,526)          (215,341)         (101,896)       (6,208,730)       (5,116,149)                     -     (11,793,642)            Operating expenses
    Beban cadangan kerugian penurunan                                                                                                                                            Provision for impairment
       nilai aset produktif dan                                                                                                                                                  losses on earning and
       nonproduktif - bersih                    (109,297)          (124,951)                 -       (1,757,475)          97,856                       -       (1,893,867)     non-earning assets - net

    Total beban                                 (260,823)          (340,292)         (101,896)       (7,966,205)       (5,018,293)                     -     (13,687,509)                 Total expenses
    Pendapatan/(beban)                                                                                                                                                                     Non-operating
        nonusaha - bersih                               -                 -                  -          56,610            (52,298)                     -            4,312        income/(expense) - net

    Laba sebelum zakat dan                                                                                                                                                       Income before zakat and
       beban pajak                             1,189,384           321,576            448,889         7,803,723          (637,110)           155,994            9,282,456                 tax expense
    Zakat                                        (29,735)           (8,040)           (11,222)         (195,093)           12,029                  -             (232,061)                        Zakat
    Beban pajak                                 (255,123)          (68,978)           (96,287)       (1,673,898)           49,779                  -           (2,044,507)                Tax expenses

    Laba bersih                                  904,526           244,558            341,380        5,934,732           (575,302)           155,994           7,005,888                       Net income

    Aset segmen                                                                                                                                                                       Segment of assets
    Pembiayaan wholesale                      58,719,889        18,497,916                  -                 -                 -                      -      77,217,805              Wholesale financing
    Pembiayaan ritel                                                                                                                                                                      Retail financing
       SME                                              -                 -                  -      21,634,863                  -                      -      21,634,863                            SME
       Mikro                                            -                 -                  -      27,745,691                  -                      -      27,745,691                           Micro
       Konsumer***)                                     -                 -                  -     151,882,883                  -                      -     151,882,883                   Consumer***)
    Cadangan kerugian penurunan                                                                                                                                                  Provision for impairment
       nilai pembiayaan                       (4,382,847)        (1,201,453)                 -       (4,707,382)                -                      -     (10,291,682)           losses for financing
    Nonpembiayaan - bersih                       597,762                  -                  -                -       139,826,110                      -     140,423,872               Non-financing - net

                                              54,934,804        17,296,463                   -     196,556,055        139,826,110                      -     408,613,432

                                                                                                                                                                                  Segment of liabilities,
    Liabilitas, dana syirkah temporer                                                                                                                                         temporary syirkah funds
        dan ekuitas segmen                                                                                                                                                                 and equity
    Pendanaan                                 21,619,859        12,013,780         89,456,637      205,226,059         26,603,912                      -     354,920,247                        Funding
    Nonpendanaan                                       -                 -                  -                -         53,693,185                      -      53,693,185                    Non-funding

                                              21,619,859        12,013,780         89,456,637      205,226,059         80,297,097                      -     408,613,432


    *) Termasuk komponen internal transfer pricing antarsegmen operasi                                                       *) Include component of internal transfer pricing among operating segments
    **) Termasuk eliminasi komponen internal transfer pricing                                                                              **) Include elimination of internal transfer pricing components
    ***) Termasuk segmen pawning dan hasanah card                                                                                                       ***) Include pawning and hasanah card segment




                                                                                 Halaman - 132 - Page
Page 671
                                                                   PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                                                   NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                                     31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                              (Expressed in millions of Rupiah, unless otherwise stated)

47. SEGMEN OPERASI (lanjutan)                                                                          47. OPERATIONS SEGMENTS (continued)

    Berikut ini adalah informasi segmen                                           Bank                            Information concerning the operating segments of
    berdasarkan segmen operasi: (lanjutan)                                                                        the Bank are as follows: (continued)
                                                                                           31 Desember/December 2023
                                                                                                                    Treasury
                                                                                                                   Banking &
                                                                                 Hubungan                         Kantor Pusat/     Penyesuaian &
                                                                               Kelembagaan/                         Treasury          Eliminasi/
                                          Corporate         Commercial          Institutional                    Banking & Head     Adjustment &           Jumlah/
    Keterangan                             Banking           Banking              Relation       Retail Banking      Office          Elimination**)         Total                          Descriptions

                                                                                                                                                                                      Income from fund
    Pendapatan pengelolaan dana                                                                                                                                                          management
       sebagai mudharib*)                      4,169,405          1,014,705          3,655,374       22,626,774        2,306,807        (11,521,322)         22,251,743                  as mudharib*)
    Hak pihak ketiga atas bagi hasil*)        (2,981,436)          (654,183)        (3,325,439)     (10,277,479)        (445,294)        11,690,663          (5,993,168) Third parties' share on return*)
    Hak bagi hasil milik Bank                  1,187,969           360,522            329,935       12,349,295         1,861,513            169,341          16,258,575             Bank's share in profit
    Pendapatan usaha lainnya                     358,216           104,025                   -       1,679,885         2,062,340                      -       4,204,466          Other operating income
    Beban usaha                                 (134,737)          (153,841)           (84,689)      (5,495,768)      (4,380,169)                     -     (10,249,204)            Operating expenses
    Beban cadangan kerugian penurunan                                                                                                                                           Provision for impairment
       nilai aset produktif dan                                                                                                                                                 losses on earning and
       nonproduktif - bersih                    (336,193)          (133,567)                 -       (2,155,440)           2,721                      -       (2,622,479)     non-earning assets - net
    Total beban                                 (470,930)          (287,408)           (84,689)      (7,651,208)      (4,377,448)                     -     (12,871,683)                 Total expenses
    Beban nonusaha - bersih                             -                 -                  -                -           (2,156)                     -           (2,156)       Non-operating expenses
    Laba sebelum zakat dan beban                                                                                                                                                Income before zakat and
       pajak penghasilan                       1,075,255           177,139            245,246         6,377,972         (455,751)           169,341            7,589,202          income tax expenses
    Zakat                                        (25,822)           (4,254)            (5,889)         (153,165)            (600)                 -             (189,730)                         Zakat
    Beban pajak                                 (228,650)          (37,668)           (52,151)       (1,356,260)         (21,000)                 -           (1,695,729)                 Tax expenses
    Laba bersih                                  820,783           135,217            187,206        4,868,547          (477,351)           169,341           5,703,743                       Net income
    Aset segmen                                                                                                                                                                      Segment of assets
    Pembiayaan wholesale                      54,541,919        12,969,097                   -                -                -                      -      67,511,016              Wholesale financing
    Pembiayaan ritel                                                                                                                                                                     Retail financing
       SME                                              -                 -                  -      19,345,720                 -                      -      19,345,720                            SME
       Mikro                                            -                 -                  -      22,912,195                 -                      -      22,912,195                           Micro
       Konsumer***)                                     -                 -                  -     130,547,113                 -                      -     130,547,113                   Consumer***)
    Cadangan kerugian penurunan                                                                                                                                                 Provision for impairment
       nilai pembiayaan                       (4,042,106)        (1,105,624)                 -       (4,540,732)               -                      -      (9,688,462)           losses for financing
    Nonpembiayaan - bersih                       920,109                  -                  -                -      122,076,433                      -     122,996,542               Non-financing - net
                                              51,419,922        11,863,473                   -     168,264,296       122,076,433                      -     353,624,124
                                                                                                                                                                                 Segment of liabilities,
    Liabilitas, dana syirkah temporer                                                                                                                                        temporary syirkah funds
        dan ekuitas segmen                                                                                                                                                                and equity
    Pendanaan                                 22,354,117          6,990,589        79,770,650      185,573,903        14,508,087                      -     309,197,346                        Funding
    Nonpendanaan                                       -                  -                 -                -        44,426,778                      -      44,426,778                    Non-funding

                                              22,354,117          6,990,589        79,770,650      185,573,903        58,934,865                      -     353,624,124

    *) Termasuk komponen internal transfer pricing antarsegmen operasi                                                      *) Include component of internal transfer pricing among operating segments
    **) Termasuk eliminasi komponen internal transfer pricing                                                                             **) Include elimination of internal transfer pricing components
    ***) Termasuk segmen pawning dan hasanah card                                                                                                      ***) Include pawning and hasanah card segment




48. PERJANJIAN, KOMITMEN DAN KONTINJENSI                                                               48. SIGNIFICANT AGREEMENTS, COMMITMENTS
    SIGNIFIKAN                                                                                             AND CONTINGENCIES

    Perjanjian signifikan                                                                                     Significant Agreements

    Pada tanggal 27 September 2024, Bank                                                                      As at 27 September 2024, the bank signed
    menandatangani perjanjian bancassurance dengan                                                            bancassurance agreement with PT Prudential
    PT Prudential Sharia Life Assurance (“Prudential                                                          Sharia Life Assurance (“Prudential Sharia Life”) to
    Sharia Life”) untuk memasarkan, mempromosikan                                                             market, promote and refer Prudential Sharia Life
    dan mereferensikan produk asuransi Prudential                                                             insurance products through the Bank's distribution
    Sharia Life melalui jaringan distribusi Bank.                                                             network. This collaboration agreement is effective
    Perjanjian kerjasama ini berlaku efektif sejak                                                            from the date of agreement and will continue to be
    tanggal perjanjian dan akan terus berlaku dan                                                             valid and effective until the fifteenth (15th) year
    efektif hingga tahun kelima belas (15) sejak tanggal                                                      from the launch date (1 March 2025). The Bank's
    peluncuran (1 Maret 2025). Adapun kewajiban                                                               obligations before the launch date related to the
    Bank sebelum tanggal peluncuran terkait dengan                                                            launching of insurance products and services in the
    penerbitan produk dan layanan asuransi di jaringan                                                        Bank's distribution network include preparing
    distribusi Bank antara lain mempersiapkan                                                                 internal regulations, training Bank employees,
    peraturan internal, pelatihan pegawai Bank,                                                               marketing and communication plans and system
    rencana pemasaran dan komunikasi serta                                                                    adjustments.
    penyesuaian sistem.

    Liabilitas kontinjensi                                                                                    Contingent liabilities

    Dalam menjalankan usahanya, Bank menghadapi                                                               In conducting the business, the Bank faces various
    berbagai perkara      hukum     yang   terkadang                                                          legal cases which sometimes involve claims for
    mengandung tuntutan ganti rugi dimana Bank                                                                compensation in which the Bank is positioned as a
    berposisi sebagai tergugat, terutama sehubungan                                                           defendant, especially in relation to the parties'
    dengan      kepatuhan   para     pihak  terhadap                                                          compliance with agreements/contracts.
    perjanjian/kontrak.



                                                                                 Halaman - 133 - Page
Page 672
                                                             PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                                             NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                        (Expressed in millions of Rupiah, unless otherwise stated)

48. PERJANJIAN, KOMITMEN DAN KONTINJENSI                                                        48. SIGNIFICANT AGREEMENTS, COMMITMENTS
    SIGNIFIKAN (lanjutan)                                                                           AND CONTINGENCIES (continued)

    Liabilitas kontinjensi (lanjutan)                                                                Contingent liabilities (continued)

    Walaupun terdapat perkara yang masih berproses,                                                  Although there are cases that are still in process,
    Bank berpendapat bahwa berdasarkan informasi                                                     the Bank believes that based on information
    yang ada dan posisi hukum Bank, tuntutan hukum                                                   currently available and the Bank’s legal position,
    ini tidak akan berdampak secara material pada                                                    these legal claims will not likely have a material
    operasi, posisi keuangan atau tingkat likuiditas                                                 effect on the operations, financial position or
    Bank.                                                                                            liquidity level of the Bank.

    Pada tanggal 31 Desember 2024 dan 2023, Bank                                                     As at 31 December 2024 and 2023, the Bank has
    telah membentuk cadangan (disajikan dalam akun                                                   established a provision (included in “Other
    “Liabilitas Lain-lain”) untuk sejumlah tuntutan                                                  Liabilities”) for a number of legal claims which have
    hukum yang telah berkekuatan hukum tetap                                                         permanent legal force (inkracht) and which are still
    (inkracht) maupun yang masih dalam proses                                                        in process amounting to Rp3,021 and Rp2,988,
    masing-masing sebesar Rp3.021 dan Rp2.988.                                                       respectively. Management believes that the
    Manajemen berpendapat bahwa jumlah cadangan                                                      provision is adequate to cover losses due to the
    yang dibentuk telah memadai untuk menutup                                                        legal risks.
    kerugian akibat hukum yang belum diputuskan atau
    masih dalam proses.


49. TAMBAHAN INFORMASI ARUS KAS                                                                 49. 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 statements of cash flows are as
    berikut:                                                                                         follows:
                                                                                31 Desember/December 2024
                                                                                                Selisih kurs/
                                          1 Januari/     Aktivitas nonkas/     Arus kas/     Foreign exchange   Lainnya/         Jumlah/
    Keterangan                         1 January 2024    Non-cash activity     Cash flow         difference      Others           Total                                Descriptions

    Liabilitas sewa                            123,193            210,016           (151,913)              -               -            181,296                      Lease liabilities
    Pembiayaan berjangka mudharabah            776,250                  -            222,940             810               -          1,000,000        Mudharabah term financing
    Sukuk mudharabah subordinasi               200,000                  -                  -               -               -            200,000   Subordinated sukuk mudharabah
    Sukuk mudharabah diterbitkan                 3,608               (776)         3,015,731               -               -          3,018,563         Issued sukuk mudharabah
    Liabilitas kepada Bank Indonesia        11,900,055                  -          6,517,809               -               -         18,417,864       Liabilities to Bank Indonesia


                                                                                31 Desember/December 2023
                                                                                                Selisih kurs/
                                          1 Januari/     Aktivitas nonkas/     Arus kas/     Foreign exchange   Lainnya/         Jumlah/
    Keterangan                         1 January 2023    Non-cash activity     Cash flow         difference      Others           Total                                Descriptions

    Liabilitas sewa                            166,002             91,933           (134,742)               -              -            123,193                      Lease liabilities
    Pembiayaan berjangka mudharabah            778,375                  -             (5,057)           2,932              -            776,250        Mudharabah term financing
    Sukuk mudharabah subordinasi             1,375,000                  -         (1,175,000)               -              -            200,000   Subordinated sukuk mudharabah
    Sukuk mudharabah diterbitkan                     -               (151)             3,759                -              -              3,608         Issued mudharabah sukuk
    Liabilitas kepada Bank Indonesia                 -                  -         11,900,055                -              -         11,900,055       Liabilities to Bank Indonesia




50. OPINI DEWAN PENGAWAS SYARIAH                                                                50. OPINION        OF          THE     SHARIA        SUPERVISORY
                                                                                                    BOARD

    Berdasarkan surat No. 05/BSI/DPS/OPINI/I/2025                                                    Based on letter No. 05/BSI/DPS/OPINI/I/2025
    tanggal 16 Januari 2025, Dewan Pengawas                                                          dated 16 January 2025, the Sharia Supervisory
    Syariah (“DPS”) PT Bank Syariah Indonesia Tbk                                                    Board (“DPS”) of PT Bank Syariah Indonesia Tbk
    menyatakan bahwa secara umum aspek syariah                                                       expressed opinions that in general, the sharia
    dalam operasional dan produk PT Bank Syariah                                                     aspects on products and operations of PT Bank
    Indonesia Tbk untuk tahun yang berakhir pada                                                     Syariah Indonesia Tbk for the year ended
    tanggal 31 Desember 2024, telah mengikuti fatwa                                                  31 December 2024, have complied with fatwa and
    dan ketentuan syariah yang dikeluarkan oleh                                                      sharia regulations issued by National Sharia Board
    Dewan Syariah Nasional Majelis Ulama Indonesia                                                   of Indonesian Ulama Council (“DSN-MUI”), and
    (“DSN-MUI”), serta opini syariah dari DPS.                                                       sharia opinion of DPS.

    Berdasarkan surat No. 01/BSI/DPS/OPINI/I/2024                                                    Based on letter No. 01/BSI/DPS/OPINI/I/2024
    tanggal 16 Januari 2024, DPS PT Bank Syariah                                                     dated 16 January 2024, the DPS of PT Bank
    Indonesia Tbk menyatakan bahwa secara umum                                                       Syariah Indonesia Tbk expressed opinions that in
    aspek syariah dalam operasional dan produk PT                                                    general, the sharia aspects on products and
    Bank Syariah Indonesia Tbk untuk tahun yang                                                      operations of PT Bank Syariah Indonesia Tbk for
    berakhir pada tanggal 31 Desember 2023, telah                                                    the year ended 31 December 2023, have complied
    mengikuti fatwa dan ketentuan syariah yang                                                       with fatwa and sharia regulations issued by DSN-
    dikeluarkan oleh DSN-MUI, serta opini syariah dari                                               MUI, and sharia opinion of DPS.
    DPS.


                                                                             Halaman - 134 - Page
Page 673
                                             PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                      NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                        31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                 (Expressed in millions of Rupiah, unless otherwise stated)

51. RENCANA BARANG MODAL                                                 51. CAPITAL EXPENDITURE COMMITMENTS

    Bank memiliki komitmen barang modal terkait                                 The Bank has capital expenditure plans in relation
    dengan renovasi bangunan, pengadaan kendaraan                               to the building renovations, procurement of office
    dinas, perlengkapan komputer, ATM dan jasa                                  vehicles, computer equipments, ATMs and system
    lisensi sistem adalah sebesar Rp1.939.959 dan                               license services amounting to Rp1,939,959 and
    Rp2.018.556,    masing-masing   pada   tanggal                              Rp2,018,556 as at 31 December 2024 and 2023,
    31 Desember 2024 dan 2023.                                                  respectively.


52. STANDAR AKUNTANSI KEUANGAN BARU                                      52. NEW FINANCIAL ACCOUNTING STANDARDS
    YANG TELAH DISAHKAN NAMUN BELUM                                          ISSUED BUT NOT YET EFFECTIVE
    BERLAKU EFEKTIF

    Dewan Standar Akuntansi Keuangan Ikatan                                     Financial Accounting Standard Board of Indonesian
    Akuntan Indonesia (“DSAK-IAI”) telah menerbitkan                            Institute of Accountants (“DSAK-IAI”) has issued
    standar baru, amendemen dan interpretasi berikut,                           the following new standards, amendments and
    namun belum berlaku efektif untuk tahun buku                                interpretations, but not yet effective for the financial
    yang dimulai pada 1 Januari 2024 adalah sebagai                             year beginning 1 January 2024 are as follows:
    berikut:

    -    Amendemen       PSAK     221: “Pengaruh                                -       Amendment of SFAS 221: “Effect of Changes
         Perubahan Kurs Valuta Asing” tentang                                           in Foreign Exchange Rates" regarding the lack
         kekurangan ketertukaran.                                                       of convertibility.

    Standar tersebut      akan    berlaku     efektif   pada                    The above standards            will   be   effective   on
    1 Januari 2025.                                                             1 January 2025.

    Pada saat penerbitan laporan keuangan, Bank                                 As at the authorisation date of financial statements,
    masih mempelajari dampak yang mungkin timbul                                the Bank is still evaluating the potential impact of
    dari penerapan standar baru dan revisi tersebut                             these new and revised standards to the financial
    serta pengaruhnya pada laporan keuangan.                                    statements.


53. REKLASIFIKASI  LAPORAN                    KEUANGAN                   53. RECLASSIFICATIONS OF THE PRIOR PERIOD
    PERIODE SEBELUMNYA                                                       FINANCIAL STATEMENTS

    Bank melakukan reklasifikasi atas penyajian                                 The Bank reclassified the presentation of gain from
    keuntungan investasi surat berharga yang menjadi                            marketable securities which were part of fee based
    bagian dari pendapatan imbalan jasa perbankan                               income from banking services in the prior period
    pada laporan keuangan periode sebelumnya.                                   financial    statements.    The   effect   of    the
    Pengaruh reklasifikasi tersebut pada laporan laba                           reclassification on the statements of profit or loss
    rugi dan penghasilan komprehensif lain untuk                                and other comprehensive income for the year
    tahun yang berakhir 31 Desember 2023 adalah                                 ended 31 December 2023 are as follows:
    sebagai berikut:

                                                                  2023
                                             Sebelum                                    Setelah
                                           reklasifikasi/                            reklasifikasi/
                                              Before          Reklasifikasi/             After
                                          reclassification   Reclassification       reclassification
    LAPORAN LABA RUGI DAN                                                                                           STATEMENTS OF
      PENGHASILAN KOMPREHENSIF                                                                          PROFIT OR LOSS AND OTHER
      LAIN                                                                                                COMPREHENSIVE INCOME
    PENDAPATAN USAHA LAINNYA                                                                               OTHER OPERATING INCOME
    Pendapatan imbalan jasa perbankan         3,112,884            (242,110)            2,870,774 Fee based income from banking services
    Keuntungan investasi surat berharga               -             242,110               242,110         Gain from marketable securities




                                                        Halaman - 135 - Page
Page 674
                                                 PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                            31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                     (Expressed in millions of Rupiah, unless otherwise stated)

54. INFORMASI  TAMBAHAN   YANG   TIDAK                                       54. ADDITIONAL INFORMATION NOT REQUIRED
    DISYARATKAN OLEH STANDAR AKUNTANSI                                           BY INDONESIAN FINANCIAL ACCOUNTING
    KEUANGAN INDONESIA                                                           STANDARDS

    Informasi tambahan berikut merupakan informasi                                The following additional information is required by
    yang disyaratkan oleh regulasi yang berlaku dan                               applicable regulations and is not required by the
    tidak disyaratkan oleh Standar Akuntansi Keuangan                             Financial Accounting Standards in Indonesia.
    di Indonesia.

    a.   Kolektibilitas giro dan penempatan pada                                 a. Collectibility of current accounts                and
         Bank Indonesia                                                             placements with Bank Indonesia

         Pada tanggal 31 Desember 2024 dan 2023,                                      As at 31 December 2024 and 2023, all current
         seluruh giro dan penempatan pada Bank                                        accounts and placements with Bank Indonesia
         Indonesia diklasifikasikan “Lancar”.                                         are classified as “Current”.

    b.   Kolektibilitas giro dan penempatan pada                                 b. Collectibility of current accounts                and
         bank lain                                                                  placements with other banks

                                                 2024                                            2023
                                                     Cadangan kerugian                               Cadangan kerugian
                                                       penurunan nilai/                                penurunan nilai/
                                                        Allowance for                                   Allowance for
                                  Jumlah/Total        impairment losses          Jumlah/Total         impairment losses
         Lancar                          3,880,874                  14,809              2,324,473                   20,745          Current

    c.   Kolektibilitas investasi pada surat berharga                            c. Collectibility of investments in marketable
                                                                                    securities

                                                 2024                                            2023
                                                     Cadangan kerugian                               Cadangan kerugian
                                                       penurunan nilai/                                penurunan nilai/
                                                        Allowance for                                   Allowance for
                                  Jumlah/Total        impairment losses          Jumlah/Total         impairment losses
         Lancar                        62,251,806                   35,288             71,202,526                   33,506          Current
         Macet                                  -                        -                 99,000                   99,000            Loss
                                       62,251,806                   35,288             71,301,526                  132,506

    d.   Kolektibilitas tagihan akseptasi                                        d. Collectibility of acceptance receivables

                                                 2024                                            2023
                                                     Cadangan kerugian                               Cadangan kerugian
                                                       penurunan nilai/                                penurunan nilai/
                                                        Allowance for                                   Allowance for
                                  Jumlah/Total        impairment losses          Jumlah/Total         impairment losses
         Lancar                           185,145                    1,851                431,228                    4,312          Current

    e.   Kolektibilitas pinjaman qardh                                           e. Collectibility of funds of qardh

                                                 2024                                            2023
                                                        Cadangan kerugian                               Cadangan kerugian
                                                         penurunan nilai/                                penurunan nilai/
                                                          Allowance for                                   Allowance for
                                  Jumlah/Total          impairment losses         Jumlah/Total          impairment losses
         Lancar                         13,452,780                 512,708              10,971,347                 528,368           Current
         Dalam perhatian khusus             43,157                   6,536                  42,477                   6,377   Special mention
         Kurang lancar                       6,446                     820                   5,655                     669     Substandard
         Diragukan                           6,855                   3,084                   8,962                   3,863          Doubtful
         Macet                             264,546                 264,546                 278,640                 278,640             Loss
                                        13,773,784                 787,694              11,307,081                 817,917


    f.   Kolektibilitas pembiayaan mudharabah                                    f.   Collectibility of mudharabah financing

                                                 2024                                            2023
                                                        Cadangan kerugian                               Cadangan kerugian
                                                         penurunan nilai/                                penurunan nilai/
                                                          Allowance for                                   Allowance for
                                  Jumlah/Total          impairment losses         Jumlah/Total          impairment losses
         Lancar                          2,869,536                  25,945               1,816,788                  16,472           Current
         Dalam perhatian khusus                  -                       -                  33,101                   1,765   Special mention
         Macet                              67,543                  67,543                  31,244                  31,244             Loss
                                         2,937,079                  93,488               1,881,133                  49,481


                                                           Halaman - 136 - Page
Page 675
                                                       PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                                    NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                      31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                               (Expressed in millions of Rupiah, unless otherwise stated)

54. INFORMASI  TAMBAHAN       YANG TIDAK                                               54. ADDITIONAL INFORMATION NOT REQUIRED
    DISYARATKAN OLEH STANDAR AKUNTANSI                                                     BY INDONESIAN FINANCIAL ACCOUNTING
    KEUANGAN INDONESIA (lanjutan)                                                          STANDARDS (continued)

    Informasi tambahan berikut merupakan informasi                                           The following additional information is required by
    yang disyaratkan oleh regulasi yang berlaku dan                                          applicable regulations and is not required by the
    tidak disyaratkan oleh Standar Akuntansi Keuangan                                        Financial Accounting Standards in Indonesia:
    di Indonesia: (lanjutan)                                                                 (continued)

    g.   Kolektibilitas pembiayaan musyarakah                                                g. Collectibility of musyarakah financing

                                                         2024                                                     2023
                                                                Cadangan kerugian                                        Cadangan kerugian
                                                                 penurunan nilai/                                         penurunan nilai/
                                                                  Allowance for                                            Allowance for
                                       Jumlah/Total             impairment losses             Jumlah/Total               impairment losses
         Lancar                              109,803,514                  1,924,213                   83,854,900                       1,373,575                  Current
         Dalam perhatian khusus                2,791,965                  1,928,640                    2,673,552                       1,753,279          Special mention
         Kurang lancar                           424,908                    227,708                      627,436                         363,211            Substandard
         Diragukan                               128,828                     26,567                      172,823                          84,448                 Doubtful
         Macet                                 1,038,003                  1,038,003                      887,486                         885,183                    Loss
                                             114,187,218                  5,145,131                   88,216,197                       4,459,696


    h.   Piutang, pembiayaan dan pinjaman yang                                               h. Restructured                 receivables, financing                 and
         direstrukturisasi                                                                      funds

         Jumlah piutang, pembiayaan dan pinjaman                                                   Receivables, financing and funds that have
         yang diberikan yang telah direstrukturisasi                                               been restructured by the Bank as at
         oleh     Bank  sampai   dengan     tanggal                                                31 December 2024 and 2023 are as follows.
         31 Desember 2024 dan 2023 adalah sebagai
         berikut.

                                                                                  2024
                                                                              Pembiayaan             Pembiayaan
                                                                              Mudharabah/            Musyarakah/
                                         Piutang/          Pinjaman Qardh/    Mudharabah             Musyarakah              Jumlah/
                                        Receivables        Funds of Qardh      Financing              Financing               Total
         Lancar                              2,441,493              455,249                  -               6,991,160             9,887,902                      Current
         Dalam perhatian khusus                347,765                7,637                  -               2,574,563             2,929,965              Special mention
         Kurang lancar                         300,854                  449                  -                 315,892               617,195                Substandard
         Diragukan                             160,586                  700                  -                  51,580               212,866                     Doubtful
         Macet                               1,014,695              243,304             64,205                 730,372             2,052,576                        Loss
         Jumlah                              4,265,393              707,339             64,205           10,663,567               15,700,504                         Total

                                                                                  2023
                                                                              Pembiayaan             Pembiayaan
                                                                              Mudharabah/            Musyarakah/
                                         Piutang/          Pinjaman Qardh/    Mudharabah             Musyarakah              Jumlah/
                                        Receivables        Funds of Qardh      Financing              Financing               Total
         Lancar                              4,041,143              478,080             10,490               7,476,674            12,006,387                      Current
         Dalam perhatian khusus                683,014                7,577              1,463               2,522,407             3,214,461              Special mention
         Kurang lancar                         368,402                  400                  -                 553,632               922,434                Substandard
         Diragukan                             398,071                  811                  -                 125,188               524,070                     Doubtful
         Macet                               1,044,542              258,737             27,882                 724,418             2,055,579                        Loss
         Jumlah                              6,535,172              745,605             39,835           11,402,319               18,722,931                         Total


    i.   Rasio Non-Performing Financing (“NPF”)                                              i.    Non-Performing Financing (“NPF”) Ratio

                                                                                    2024
                                                                                                                   Aset yang
                                                                                                               Diperoleh untuk
                                                                  Pembiayaan               Pembiayaan          Ijarah - Bersih/
                                                                  Mudharabah/              Musyarakah/               Assets
                                 Piutang/         Pinjaman Qardh/ Mudharabah               Musyarakah            Acquired for          Jumlah/
                                Receivables       Funds of Qardh   Financing                Financing             Ijarah - Net          Total
         Jumlah saldo*)           144,460,906         13,773,784          2,744,964         114,135,639             3,122,255          278,237,548         Total balance*)
         NPF - Bruto*)              3,324,983            277,847             65,765           1,591,738                17,254            5,277,587          NPF - Gross*)
         Persentase NPF                                                                                                                                Percentage of NPF
          - Bruto                       2.30%              2.02%              2.40%                1.39%                 0.55%              1.90%              - Gross
         NPF - Neto*)                1,071,774              9,398                  -              299,461                17,254          1,397,887            NPF - Net*)
         Persentase NPF                                                                                                                                Percentage of NPF
          - Neto                        0.74%              0.07%              0.00%                0.26%                 0.55%                 0.50%              - Net
          )                                                                                              )
         * Diluar piutang, pinjaman qardh, pembiayaan mudharabah, dan                                  * Exclude receivables, funds of qardh, mudharabah financing, and
           pembiayaan musyarakah kepada bank lain                                                                                   musyarakah financing to other banks




                                                                    Halaman - 137 - Page
Page 676
                                                       PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                                     NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                                       31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                (Expressed in millions of Rupiah, unless otherwise stated)

54. INFORMASI  TAMBAHAN       YANG TIDAK                                                54. ADDITIONAL INFORMATION NOT REQUIRED
    DISYARATKAN OLEH STANDAR AKUNTANSI                                                      BY INDONESIAN FINANCIAL ACCOUNTING
    KEUANGAN INDONESIA (lanjutan)                                                           STANDARDS (continued)

    Informasi tambahan berikut merupakan informasi                                            The following additional information is required by
    yang disyaratkan oleh regulasi yang berlaku dan                                           applicable regulations and is not required by the
    tidak disyaratkan oleh Standar Akuntansi Keuangan                                         Financial Accounting Standards in Indonesia:
    di Indonesia: (lanjutan)                                                                  (continued)

    i.   Rasio Non-Performing Financing (“NPF”)                                               i.    Non-Performing Financing (“NPF”) Ratio
         (lanjutan)                                                                                 (continued)

                                                                                     2023
                                                                                                                  Aset yang
                                                                                                              Diperoleh untuk
                                                                  Pembiayaan                Pembiayaan        Ijarah - Bersih/
                                                                  Mudharabah/               Musyarakah/             Assets
                                 Piutang/         Pinjaman Qardh/ Mudharabah                Musyarakah          Acquired for       Jumlah/
                                Receivables       Funds of Qardh   Financing                 Financing           Ijarah - Net       Total
         Jumlah saldo*)           136,721,476         11,307,081            1,700,786         88,172,533           2,190,107       240,091,983         Total balance*)
         NPF - Bruto*)              2,953,206            293,257               29,467          1,687,745              21,353         4,985,028          NPF - Gross*)
         Persentase NPF                                                                                                                            Percentage of NPF
          - Bruto                       2.16%              2.59%               1.73%                1.91%             0.97%              2.08%             - Gross
         NPF - Neto*)                  927,484             10,085                   -              354,903            21,353          1,313,825           NPF - Net*)
         Persentase NPF                                                                                                                            Percentage of NPF
          - Neto                        0.68%              0.09%               0.00%                0.40%             0.97%              0.55%                - Net
          )                                                                                               )
         * Diluar piutang, pinjaman qardh, pembiayaan mudharabah, dan                                   * Exclude receivables, funds of qardh, mudharabah financing, and
           pembiayaan musyarakah kepada bank lain                                                                                    musyarakah financing to other banks


    j.   Mutasi agunan yang diambil alih                                                      j.    Movement of the foreclosed collaterals

         Mutasi agunan yang diambil alih pada tanggal                                                Movement of the foreclosed collaterals as at
         31 Desember 2024 dan 2023:                                                                  of 31 December 2024 and 2023 are as follows:

                                                                    2024                      2023
         Saldo awal                                                      825,759                   859,007                                      Beginning balance
         Penyelesaian                                                   (114,389)                  (33,248)                                           Completion
         Saldo akhir                                                    711,370                    825,759                                         Ending balance

    k.   Kolektibilitas komitmen dan kontinjensi                                              k. Collectibility             of        commitments                 and
                                                                                                 contingencies

         Kolektibilitas fasilitas pembiayaan yang belum                                             The collectibility of unused financing facilities
         digunakan adalah sebagai berikut:                                                          are as follows:

                                                                    2024                      2023
         Lancar                                                      4,542,007                 5,041,570                                                   Current
         Dalam perhatian khusus                                          2,193                    31,313                                           Special mention
         Kurang lancar                                                       -                    15,425                                             Substandard
         Macet                                                               -                     8,854                                                     Loss
                                                                     4,544,200                 5,097,162

    l.   Rasio Giro Wajib Minimum (“GWM”)                                                     l.    The    Minimum     Statutory                           Reserve
                                                                                                    Requirement (“GWM”) Ratio

                                                                    2024                      2023
         Rupiah                                                                                                                                              Rupiah
         Kewajiban Pemenuhan GWM:                                                                                                              Fulfillment of GWM:
           GWM Harian                                                       0.00%                     0.00%                                            GWM Daily
           GWM Rata-Rata                                                    7.50%                     7.50%                                       GWM Average
           Insentif GWM                                                    (4.00%)                   (2.90%)                                    GWM Incentives
           Disinsentif Rasio Intermediasi                                                                                   Macroprudential Intermediation Ratio
              Makroprudensial (“RIM”)                                      0.00%                      0.00%                            (“RIM”) Disincentives
         Total Kewajiban Pemenuhan GWM                                     3.50%                      4.60%                             Total of Fulfillment of GWM
         Realisasi Pemenuhan GWM                                           4.83%                      6.76%                         Realisation Fulfillment of GWM
         Realisasi Pemenuhan GWM Rata-Rata                                 3.74%                      4.87%                Realisation Fulfillment of GWM Average
         Realisasi Pemenuhan Penyangga                                                                                    Realisation Fulfillment of Macroprudential
           Likuiditas Makroprudensial (“PLM”)                                                                                               Liquidity Buffer (“PLM”)
           (d/h GWM Sekunder)                                            11.31%                     21.35%                          (previously GWM Secondary)



                                                                    Halaman - 138 - Page
Page 677
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                  31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

54. INFORMASI  TAMBAHAN       YANG TIDAK                           54. ADDITIONAL INFORMATION NOT REQUIRED
    DISYARATKAN OLEH STANDAR AKUNTANSI                                 BY INDONESIAN FINANCIAL ACCOUNTING
    KEUANGAN INDONESIA (lanjutan)                                      STANDARDS (continued)

    Informasi tambahan berikut merupakan informasi                      The following additional information is required by
    yang disyaratkan oleh regulasi yang berlaku dan                     applicable regulations and is not required by the
    tidak disyaratkan oleh Standar Akuntansi Keuangan                   Financial Accounting Standards in Indonesia:
    di Indonesia: (lanjutan)                                            (continued)

    l.   Rasio Giro       Wajib    Minimum      (“GWM”)                 l.   The    Minimum     Statutory      Reserve
         (lanjutan)                                                          Requirement (“GWM”) Ratio (continued)
                                                   2024                2023
         Valuta asing                                                                                             Foreign currencies
         Kewajiban Pemenuhan GWM                           1.00%              1.00%                               Fulfillment of GWM
         Realisasi Pemenuhan GWM                           1.46%              1.13%                   Realisation Fulfillment of GWM

         Rasio GWM pada tanggal 31 Desember 2024                             The GWM ratio as at 31 December 2024 and
         dan 31 Desember 2023 dihitung berdasarkan                           31 December 2023 are calculated based on
         Peraturan Anggota Dewan Gubernur (“PADG”)                           Board of Governors Members Regulations
         No. 24/8/PADG/2022 tentang “Peraturan                               (“PADG”) No. 24/8/PADG/2022 regarding ”The
         Pelaksanaan Pemenuhan Giro Wajib Minimum                            implementation of Minimum Statutory Reserves
         dalam Rupiah dan Valuta Asing bagi Bank                             in Rupiah and Foreign Currency for
         Umum Konvensional, Bank Umum Syariah,                               Conventional Banks, Sharia Banks and Sharia
         dan Unit Usaha Syariah”, sebagaimana telah                          Business Units”, as last amended by PADG No.
         diubah terakhir dengan PADG No. 12 tahun                            12 year 2023 dated 27 September 2023 and
         2023 tanggal 27 September 2023 dan mulai                            effectively came into force on 1 October 2023.
         berlaku sejak tanggal 1 Oktober 2023. PADG                          The new PADG regulates every Sharia Bank
         baru tersebut mengatur setiap Bank Umum                             and Sharia Business Unit to maintain GWM in
         Syariah dan Unit Usaha Syariah untuk                                Rupiah and foreign exchange, the amount of
         memelihara GWM dalam Rupiah dan valuta                              which is set at 7.5% and 1% of third party funds
         asing yang besarnya ditetapkan sebesar 7,5%                         (“TPF”) in Rupiah and foreign exchange.
         dan 1% dari dana pihak ketiga (“DPK”) dalam
         Rupiah dan valuta asing.

         Dalam perhitungan kewajiban pemenuhan                               In calculating the fulfillment of Rupiah statutory
         GWM Rupiah, terdapat komponen insentif                              reserves, there is a GWM incentive component
         GWM sesuai PADG No. 4 Tahun 2024 tanggal                            which is in accordance with the PADG No. 4
         22 Mei 2024 tentang "Perubahan atas                                 year 2024 dated 22 May 2024 concerning
         Peraturan Anggota Dewan Gubernur Nomor 11                           “Amendment to the Regulation of the Members
         Tahun 2023 tentang Peraturan Pelaksanaan                            of the Board of Governors Number 11 of 2023
         Kebijakan Insentif Likuiditas Makroprudensial”,                     concerning the Implementation Regulation of
         serta disinsentif RIM sesuai Peraturan Bank                         the Macroprudential Liquidity Incentive Policy”,
         Indonesia Nomor 21/12/PBI/2019 tanggal 25                           as well as disincentives RIM according to Bank
         November 2019 tentang “Perubahan atas                               Indonesia Regulation Number 21/12/PBI/2019
         Peraturan      Bank       Indonesia    Nomor                        dated 25 November 2019 concerning
         20/4/PBI/2018 tentang Rasio Intermediasi                            “Amendments to Bank Indonesia Regulation
         Makroprudensial dan Penyangga Likuiditas                            Number          20/4/PBI/2018          concerning
         Makroprudensial       bagi     Bank     Umum                        Macroprudential Intermediation Ratio and
         Konvensional, Bank Umum Syariah, dan Unit                           Macroprudential        Liquidity    Buffer     for
         Usaha Syariah”.                                                     Conventional Commercial Banks, Sharia
                                                                             Commercial Banks, and Sharia Business Unit”.

         Selain ketentuan di atas, berdasarkan                               In addition, based on Bank Indonesia Regulation
         Peraturan      Bank      Indonesia   (“PBI”)                        (“PBI”) No. 23/07/PADG/2021 which is effective
         No. 23/07/PADG/2021 yang berlaku sejak                              from 1 May 2021 and Bank Indonesia Regulation
         1 Mei 2021 dan Peraturan Bank Indonesia                             (“PBI”) No. 21/22/PADG/2019 which is effective
         (“PBI”) No. 21/22/PADG/2019 yang berlaku                            from 28 November 2019, there are changes in
         sejak 28 November 2019, terdapat perubahan                          the calculation of GWM Financing to Deposit
         perhitungan GWM Financing to Deposit Ratio                          Ratios (“FDR”) to RIM. Bank must pay additional
         (“FDR”) menjadi RIM. Bank harus memelihara                          Statutory Reserves if the Bank’s RIM is less than
         tambahan GWM jika RIM Bank kurang dari                              the lower limit of 84% or exceeds the upper limit
         batas bawah 84% atau melebihi batas atas                            of the Bank Indonesia target of 94%.
         target Bank Indonesia sebesar 94%.




                                                    Halaman - 139 - Page
Page 678
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                  31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)           (Expressed in millions of Rupiah, unless otherwise stated)

 54. INFORMASI  TAMBAHAN       YANG TIDAK                           54. ADDITIONAL INFORMATION NOT REQUIRED
     DISYARATKAN OLEH STANDAR AKUNTANSI                                 BY INDONESIAN FINANCIAL ACCOUNTING
     KEUANGAN INDONESIA (lanjutan)                                      STANDARDS (continued)

    Informasi tambahan berikut merupakan informasi                      The following additional information is required by
    yang disyaratkan oleh regulasi yang berlaku dan                     applicable regulations and is not required by the
    tidak disyaratkan oleh Standar Akuntansi Keuangan                   Financial Accounting Standards in Indonesia:
    di Indonesia: (lanjutan)                                            (continued)

    l.   Rasio Giro       Wajib    Minimum      (“GWM”)                 l.   The    Minimum     Statutory      Reserve
         (lanjutan)                                                          Requirement (“GWM”) Ratio (continued)

         Saldo giro pada Bank Indonesia disediakan                           The balance of current accounts with Bank
         untuk memenuhi persyaratan GWM dari Bank                            Indonesia is maintained to meet the GWM of
         Indonesia.                                                          Bank Indonesia.

         Bank telah memenuhi ketentuan Bank                                  As at 31 December 2024 and 2023, the Bank
         Indonesia tentang GWM pada tanggal                                  has complied with the Bank Indonesia
         31 Desember 2024 dan 2023.                                          regulations regarding the GWM.

    m. Kewajiban       Penyediaan       Modal   Minimum                 m. Minimum Required Capital Adequacy Ratio
       (”KPMM”)                                                            (“CAR”)

         Pada tanggal 31 Desember 2024 dan 2023,                             As at 31 December 2024 and 2023, the CAR
         rasio KPMM Bank dihitung berdasarkan                                are calculated based on OJK Regulation No.
         Peraturan OJK No. 21/POJK.03/2014 tanggal                           21/POJK.03/2014 dated 19 November 2014, as
         19 November 2014 yang mencabut peraturan                            amended in previous regulation. The CARs as
         sebelumnya. Rasio KPMM pada tanggal                                 at 31 December 2024 and 2023 are as follows:
         31 Desember 2024 dan 2023 adalah sebagai
         berikut:

                                                   2024                2023
         Modal inti                                 41,685,617         36,095,427                                  Core capital
         Modal pelengkap (maksimum                                                            Supplementary capital (maximum
           100% dari modal inti)                       160,000               200,000                 100% over core capital)
         Cadangan umum penyisihan                                                             General reserves of allowance for
           kerugian aset produktif                                                             impairment losses on earning
           (maksimum 1,25% dari Aset                                                             assets (maximum 1.25% of
           Tertimbang Menurut Risiko                                                                   Risk Weighted Assets
           (”ATMR”))                                 2,105,714           1,819,801                                  (”RWA”))
                                                    43,951,331         38,115,228

           ATMR Risiko Kredit                      168,052,923        145,078,091                   RWA for Financing Risk
           ATMR Risiko Pasar                         1,693,430          1,640,536                     RWA for Market Risk
           ATMR Risiko Operasional                  35,598,536         34,400,820                  RWA for Operational Risk
                                                   205,344,889        181,119,447
         Rasio KPMM Bank untuk
           Risiko Kredit dan                                                                         Bank’s CAR for Credit Risk
           Risiko Operasional                          21.58%                21.24%                    and Operational Risk
         Rasio KPMM Bank untuk Risiko
           Kredit, Risiko Pasar                                                         Bank’s CAR for Credit Risk, Market Risk
           dan Risiko Operasional                      21.40%                21.04%                     and Operational Risk
         Rasio KPMM yang diwajibkan                        9.99%              9.99%                              Minimum CAR

         Berdasarkan profil risiko Bank pada tanggal                          Based on the risk profile as at 31 December
         31 Desember 2024 dan 2023, yaitu                                     2024 and 2023, which is satisfactory, the
         satisfactory, maka KPMM minimum pada                                 minimum CAR as at 31 December 2024 and
         tanggal 31 Desember 2024 dan 2023,                                   2023, was determined at 9% to less than 10%.
         ditetapkan sebesar 9% sampai dengan kurang
         dari 10%.




                                                    Halaman - 140 - Page
Page 679
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)        (Expressed in millions of Rupiah, unless otherwise stated)

54. INFORMASI  TAMBAHAN       YANG TIDAK                        54. ADDITIONAL INFORMATION NOT REQUIRED
    DISYARATKAN OLEH STANDAR AKUNTANSI                              BY INDONESIAN FINANCIAL ACCOUNTING
    KEUANGAN INDONESIA (lanjutan)                                   STANDARDS (continued)

    Informasi tambahan berikut merupakan informasi                   The following additional information is required by
    yang disyaratkan oleh regulasi yang berlaku dan                  applicable regulations and is not required by the
    tidak disyaratkan oleh Standar Akuntansi Keuangan                Financial Accounting Standards in Indonesia:
    di Indonesia: (lanjutan)                                         (continued)

    m. Kewajiban Penyediaan           Modal    Minimum               m. Minimum Required Capital Adequacy Ratio
       (”KPMM”) (lanjutan)                                              (“CAR”) (continued)

         Selain wajib membentuk modal inti dan modal                       In addition to provide core capital and
         pelengkap, Bank wajib untuk memenuhi                              supplementary capital, the Bank is required to
         Countercyclical Buffer yang ditetapkan dalam                      provide Countercyclical Buffer ranging from
         kisaran 0% sampai dengan 2,5% dari ATMR                           0% to 2.5% of RWA based on POJK
         sesuai dengan POJK No. 21/POJK.03/2014                            regulation No. 21/POJK.03/2014 regarding the
         tentang    Kewajiban     Penyediaan    Modal                      Minimum Required Capital Adequacy Ratio of
         Minimum Bank Umum Syariah.                                        Sharia Bank.

         Hasil penilaian menunjukan bahwa Bank                             The assessment result shows that the Bank
         mampu untuk memenuhi KPMM sesuai                                  has met the Minimum CAR in accordance with
         dengan profil risiko dan mampu memenuhi                           its risk profile and met additional capital buffer
         ketentuan tambahan modal (buffer).                                requirement.

    n.   Rasio piutang, pembiayaan dan pinjaman                      n. Small business receivables, financing and
         usaha kecil                                                    funds ratio

         Rasio piutang, pembiayaan dan pinjaman                         The ratio of small business receivables,
         usaha kecil terhadap jumlah piutang,                           financing and funds to total sharia receivables,
         pembiayaan dan pinjaman syariah yang                           financing and funds are 18.86% and 18.93% as
         diberikan Bank adalah sebesar 18,86% dan                       at 31 December 2024 and 2023, respectively.
         18,93%     masing-masing   pada    tanggal
         31 Desember 2024 dan 2023.

    o.   Batas Maksimum Penyaluran Dana dan                          o. Maximum Limit for Distribution of Funds
         Penyaluran Dana Besar ("BMPD")                                 and Distribution of Large Funds (“BMPD”)

         Dalam laporan Batas Maksimum Penyaluran                        Based on the Maximum Limit for Distribution of
         Dana dan Penyaluran Dana Besar ("BMPD")                        Funds and Distribution of Large Funds
         kepada Otoritas Jasa Keuangan pada tanggal                     (“BMPD”) to the Financial Services Authority as
         31 Desember 2024 dan 2023 tidak terdapat                       at 31 December 2024 and 2023 there are no
         piutang, pembiayaan dan pinjaman pihak                         receivables, financing and funds related parties
         terkait yang melampaui ketentuan BMPD.                         which exceeded the BMPD regulation.

         Pihak terkait dalam ketentuan BMPD adalah                      Related parties in BMPD regulation are
         perorangan atau perusahaan yang mempunyai                      individuals or companies that have a controlling
         hubungan pengendalian dengan Bank, baik                        relationship with the Bank, either directly or
         secara langsung maupun tidak langsung,                         indirectly, through ownership, management
         melalui hubungan kepemilikan, kepengurusan,                    and/or financial relationships.
         dan/atau keuangan.

    p. Posisi Devisa Neto (“PDN”)                                    p. Net Open Position (“NOP”)

         Perhitungan PDN didasarkan pada Peraturan                         The NOP is calculated based on Bank
         Bank Indonesia No. 5/13/PBI/2003 tanggal 1                        Indonesia Regulation No. 5/13/PBI/2003 dated 1
         Juli 2003 sebagaimana telah diubah terakhir                       July 2003 which was last amended by Bank
         dengan        Peraturan    Bank       Indonesia                   Indonesia Regulation No. 17/5/PBI/2015 dated
         No. 17/5/PBI/2015 tanggal 29 Mei 2015.                            29 May 2015. Based on this regulation, the
         Berdasarkan      peraturan    tersebut,    Bank                   Bank is required to maintain NOP ratio at a
         diwajibkan untuk menjaga rasio PDN                                maximum of 20% of the total capital. The NOP
         maksimum 20% dari jumlah modal. PDN                               is the sum of the absolute values, which are
         adalah penjumlahan nilai absolut yang                             stated in Rupiah, of the net difference between
         dinyatakan dalam Rupiah dari selisih bersih                       the assets and liabilities denominated in each
         antara aset dan liabilitas dalam mata uang                        foreign currency and the net difference of the
         asing dan selisih bersih dari tagihan dan                         receivables and payables of commitments and
         liabilitas komitmen dan kontinjensi yang dicatat                  contingencies recorded in the administrative
         dalam rekening administratif yang didenominasi                    accounts denominated in each foreign currency.
         dalam setiap mata uang asing.

                                                    Halaman - 141 - Page
Page 680
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                                31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)         (Expressed in millions of Rupiah, unless otherwise stated)

54. INFORMASI  TAMBAHAN       YANG TIDAK                          54. ADDITIONAL INFORMATION NOT REQUIRED
    DISYARATKAN OLEH STANDAR AKUNTANSI                                BY INDONESIAN FINANCIAL ACCOUNTING
    KEUANGAN INDONESIA (lanjutan)                                     STANDARDS (continued)

    Informasi tambahan berikut merupakan informasi                        The following additional information is required by
    yang disyaratkan oleh regulasi yang berlaku dan                       applicable regulations and is not required by the
    tidak disyaratkan oleh Standar Akuntansi Keuangan                     Financial Accounting Standards in Indonesia:
    di Indonesia: (lanjutan)                                              (continued)

    p. Posisi Devisa Neto (“PDN”) (lanjutan)                              p.   Net Open Position (“NOP”) (continued)

         PDN Bank pada tanggal 31 Desember 2024                                The NOP of Bank as at 31 December 2024 and
         dan 2023 adalah sebagai berikut:                                      2023 are as follows:
                                                                2024
                                            Aset/           Liabilitas/         Posisi devisa neto/
         Mata uang                         Assets           Liabilities         Net open position                            Currencies
         Laporan Posisi Keuangan                                                                      Statements of Financial Position
          dan Rekening Administratif                                                                   and Administrative Accounts
         Dolar Amerika Serikat                25,296,035         24,636,104                 659,931                 United States Dollar
         Riyal Saudi Arabia                      351,576             82,187                 269,389                 Saudi Arabian Riyal
         Dolar Singapura                          40,635             27,204                  13,431                     Singapore Dollar
         Euro Eropa                               22,580             17,507                   5,073                      European Euro
         Yuan China                               19,607                  -                  19,607                        Chinese Yuan
         Dolar Australia                           9,329                210                   9,119                     Australian Dollar
         Dirham Uni Emirat Arab                    6,941                 22                   6,919        United Arab Emirates Dirham
         Pound Sterling Inggris                    6,510                  -                   6,510         Great Britain Pound Sterling
         Yen Jepang                                2,903                  -                   2,903                       Japanese Yen
         Dolar Hong Kong                             262                  -                     262                    Hong Kong Dollar
                                                                                            993,144
         Modal (Catatan 54m)                                                             43,951,331                   Capital (Note 54g)
         Rasio PDN                                                                            2.26%                          NOP Ratio

                                                                2023
                                            Aset/           Liabilitas/         Posisi devisa neto/
         Mata uang                         Assets           Liabilities         Net open position                            Currencies
         Laporan Posisi Keuangan                                                                      Statements of Financial Position
          dan Rekening Administratif                                                                   and Administrative Accounts
         Dolar Amerika Serikat                18,384,635         19,159,278                 774,643                 United States Dollar
         Riyal Saudi Arabia                      562,858            412,237                 150,621                 Saudi Arabian Riyal
         Dolar Singapura                          18,788             14,313                   4,475                     Singapore Dollar
         Euro Eropa                               16,889             15,533                   1,356                      European Euro
         Dolar Australia                           5,114                 29                   5,085                     Australian Dollar
         Dirham Uni Emirat Arab                    2,092                  -                   2,092        United Arab Emirates Dirham
         Pound Sterling Inggris                    2,052                  -                   2,052         Great Britain Pound Sterling
         Yen Jepang                                1,452                157                   1,295                       Japanese Yen
         Dolar Hong Kong                             251                  -                     251                    Hong Kong Dollar
                                                                                            941,870
         Modal (Catatan 54m)                                                             38,115,228                   Capital (Note 54g)
         Rasio PDN                                                                            2.47%                          NOP Ratio

    q. Manajemen risiko                                                   q.   Risk management

         Risiko operasional                                                    Operational risk

         Risiko operasional adalah risiko kerugian yang                        Operational risk is the risk of loss resulting
         diakibatkan oleh proses internal yang kurang                          from inadequate internal processes, internal
         memadai, kegagalan proses internal, adanya                            processes failures, human errors, system
         kesalahan manusia, kegagalan sistem,                                  failures and/or external events/incidents that
         dan/atau adanya kejadian/insiden eksternal                            affect the Bank’s operations.
         yang mempengaruhi operasional Bank.

         Pengelolaan risiko operasional selaras dengan                         Operational risk management is aligned with
         pengembangan          upaya        pengendalian                       the development of internal control efforts. One
         internal. Salah satu upaya yang dilakukan                             of the efforts made is the implementation of
         adalah penerapan pengendalian internal di                             internal control at the branch through the
         cabang melalui pemisahan tugas dan                                    separation of duties and responsibilities, dual
         tanggung jawab, mekanisme dual control                                control mechanism in the implementation of
         dalam      pelaksanaan      fungsi    transaksi,                      the     transaction      function,    deviation/
         deviasi/otorisasi, pembatasan otoritas sistem                         authorisation, restrictions on access to the
         akses, peningkatan kompetensi karyawan, dan                           system authority, increasing employee’s
         pelaksanaan audit internal.                                           competence and the implementation of internal
                                                                               audit.

                                                    Halaman - 142 - Page
Page 681
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)        (Expressed in millions of Rupiah, unless otherwise stated)

54. INFORMASI  TAMBAHAN       YANG TIDAK                        54. ADDITIONAL INFORMATION NOT REQUIRED
    DISYARATKAN OLEH STANDAR AKUNTANSI                              BY INDONESIAN FINANCIAL ACCOUNTING
    KEUANGAN INDONESIA (lanjutan)                                   STANDARDS (continued)

    Informasi tambahan berikut merupakan informasi                   The following additional information is required by
    yang disyaratkan oleh regulasi yang berlaku dan                  applicable regulations and is not required by the
    tidak disyaratkan oleh Standar Akuntansi Keuangan                Financial Accounting Standards in Indonesia:
    di Indonesia: (lanjutan)                                         (continued)

    q. Manajemen risiko (lanjutan)                                   q.    Risk management (continued)

         Risiko operasional (lanjutan)                                     Operational risk (continued)

         Tindakan yang diambil oleh Bank untuk                             The actions taken by the Bank to minimise
         meminimalkan risiko operasional di antaranya                      operational risks include the following:
         sebagai berikut:

         1) Menyusun manual produk, kebijakan,                             1) Prepare     product   manuals,      policies,
            prosedur dan petunjuk teknis operasional                          procedures and operational technical
            sebagai panduan dalam melaksanakan                                instructions as a guidance in carrying out
            aktivitas   operasional     Bank     dan                          the Bank operational activities and socialise
            mensosialisasikannya secara memadai.                              them adequately.

         2) Membentuk Senior Operational Risk Head                         2) Establish a Senior Operational Risk Head
            (“SORH”) yang mengkoordinir fungsi                                (“SORH”) who coordinates Decentralized
            Decentralized Compliance and Operational                          Compliance and Operational Risk (“DCOR”)
            Risk (”DCOR”) dan Regional Business                               and Regional Business Control (“RBC”)
            Control (”RBC”) dalam rangka pengelolaan                          functions in the framework of operational
            risiko operasional di unit kerja Kantor Pusat                     risk management in the Head Office work
            dan unit jaringan.                                                units and network units.

         3) Menyiapkan tools yang digunakan dalam                          3) Preparing tools used in implementing
            penerapan manajemen risiko operasional,                           operational risk management, including
            antara lain Risk & Control Self Assessment,                       Risk & Control Self Assessment, Key Risk
            Key Risk Indicator, Loss Event Database,                          Indicators,   Loss    Event    Database,
            Laporan Profil Risiko Operasional, dan                            Operational Risk Profile Reports and
            Control Testing.                                                  Control Testing.

         4) Melakukan kajian & analisis risiko                             4) Performing operational risk review &
            operasional atas produk baru yang                                 analysis for proposed new products or
            diusulkan dan atau kegiatan yang akan                             activities which will be launched by the
            diluncurkan oleh Bank.                                            Bank.

         5) Menerapkan      Business       Continuity                      5) Applying       a     Business      Continuity
            Management (“BCM”) untuk memastikan                               Management (“BCM”) to ensure the
            kelangsungan operasional Bank secara                              continuity of operations of the Bank despite
            terus menerus meskipun terjadi gangguan                           the disturbance (disaster) and to protect the
            (bencana) untuk melindungi kepentingan                            interests of stakeholders.
            stakeholders.

         6) Melakukan     proses    rekrutmen    yang                      6) Conducting an adequate recruitment
            memadai untuk memastikan integritas dan                           process to ensure the integrity and
            kompetensi calon karyawan termasuk                                competence of prospective employees,
            penerapan Know Your Employee (“KYE”),                             including the implementation of Know Your
            memberikan pelatihan dan sertifikasi yang                         Employee (“KYE”), providing continuous
            berkesinambungan,            meningkatkan                         training and certification, enhancing risk
            kesadaran risiko melalui berbagai program                         awareness through various risk awareness
            risk   awareness,    serta    menerapkan                          programs, and implementing reward and
            kebijakan reward dan punishment yang                              punishment     policies   that  encourage
            mendorong peningkatan kinerja dan disiplin                        improved employee performance and
            pegawai.                                                          discipline.




                                                    Halaman - 143 - Page
Page 682
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)        (Expressed in millions of Rupiah, unless otherwise stated)

54. INFORMASI  TAMBAHAN       YANG TIDAK                        54. ADDITIONAL INFORMATION NOT REQUIRED
    DISYARATKAN OLEH STANDAR AKUNTANSI                              BY INDONESIAN FINANCIAL ACCOUNTING
    KEUANGAN INDONESIA (lanjutan)                                   STANDARDS (continued)

    Informasi tambahan berikut merupakan informasi                   The following additional information is required by
    yang disyaratkan oleh regulasi yang berlaku dan                  applicable regulations and is not required by the
    tidak disyaratkan oleh Standar Akuntansi Keuangan                Financial Accounting Standards in Indonesia:
    di Indonesia: (lanjutan)                                         (continued)

    q. Manajemen risiko (lanjutan)                                   q.    Risk management (continued)

         Risiko hukum                                                      Legal risk

         Risiko hukum adalah risiko akibat tuntutan                        Legal risk is the risk due to lawsuits and/or
         hukum dan/atau kelemahan aspek yuridis.                           weaknesses of juridical aspects. The
         Timbulnya risiko hukum antara lain dapat                          emergence of legal risk can be caused by the
         disebabkan karena ketiadaan peraturan                             absence of supporting laws and regulations or
         perundang-undangan yang mendukung atau                            the weakness of the agreement, such as non-
         kelemahan      perikatan,    seperti     tidak                    compliance with the legal terms of the contract
         dipenuhinya syarat sahnya kontrak atau                            or imperfect binding of collateral. As a
         pengikatan agunan yang tidak sempurna.                            company governed by the laws of the Republic
         Sebagai perusahaan yang diatur oleh hukum                         of Indonesia, the Bank must comply with all
         Republik Indonesia, Bank harus selalu                             applicable laws and regulations issued by
         mematuhi semua hukum dan peraturan yang                           Bank Indonesia/Financial Service Authority
         dikeluarkan oleh Bank Indonesia/Otoritas Jasa                     (“OJK”) as a regulator in the banking industry
         Keuangan (“OJK”) sebagai regulator dalam                          in Indonesia as well as other regulations
         industri perbankan di Indonesia serta                             relating to business activities carried out by the
         ketentuan lain      yang berkaitan dengan                         Bank.
         kegiatan usaha yang dilakukan oleh Bank.

         Risiko hukum yang timbul dapat berupa                             Legal risk that arise can be in the form of
         tuntutan kerugian material ataupun immaterial                     claims for material or immaterial losses if the
         apabila Bank tidak mematuhi ketentuan dan                         Bank does not comply with the applicable rules
         peraturan yang berlaku. Jika terjadi tuntutan                     and regulations. If there is a claim for losses
         kerugian terhadap Bank dalam jumlah yang                          against the Bank in a material amount, it can
         cukup material, maka secara langsung dapat                        directly   affect    the     Bank's    financial
         mempengaruhi kinerja keuangan Bank.                               performance.

         Dalam mengelola risiko hukum,              Bank                   In managing legal risk, the Bank performs
         melakukan tindakan di antaranya:                                  actions such as:

         1) Melakukan reviu terhadap kebijakan dan                         1)   Conducting a review of policies and
            prosedur operasi standar yang terkait                               standard operating procedures related to
            dengan pengelolaan risiko hukum sesuai                              the management of legal risk in
            dengan peraturan yang berlaku.                                      accordance with applicable regulations.
         2) Mengembangkan organisasi hukum yang                            2)   Developing a strong legal organisation.
            kuat.
         3) Standarisasi akad dan perjanjian kerja                         3)   Standardising contract and cooperation
            sama sesuai dengan peraturan yang                                   agreement in accordance with applicable
            berlaku.                                                            regulations.
         4) Menentukan kebijakan cadangan perkara.                         4)   Determining the case provision policy.

         Risiko kepatuhan                                                  Compliance risk

         Risiko kepatuhan adalah risiko yang timbul dari                   Compliance risk is the risk arising from the
         kegagalan Bank dalam mematuhi dan/atau                            Bank failures in complying and/or applying
         menerapkan peraturan perundang-undangan                           applicable laws and regulations and Sharia
         yang      berlaku      dan       prinsip-prinsip                  principles. In the banking industry, the Bank is
         Syariah. Dalam industri perbankan, Bank wajib                     required to comply with regulations issued by
         mematuhi peraturan yang dikeluarkan oleh                          the Government, Bank Indonesia, OJK and the
         Pemerintah, Bank Indonesia, OJK, dan Dewan                        National Sharia Boards.
         Syariah Nasional.




                                                    Halaman - 144 - Page
Page 683
                                           PT BANK SYARIAH INDONESIA Tbk

CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE FINANCIAL STATEMENTS
31 DESEMBER 2024 DAN 2023                                                               31 DECEMBER 2024 AND 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)        (Expressed in millions of Rupiah, unless otherwise stated)

 54. INFORMASI  TAMBAHAN       YANG TIDAK                        54. ADDITIONAL INFORMATION NOT REQUIRED
     DISYARATKAN OLEH STANDAR AKUNTANSI                              BY INDONESIAN FINANCIAL ACCOUNTING
     KEUANGAN INDONESIA (lanjutan)                                   STANDARDS (continued)

    Informasi tambahan berikut merupakan informasi                   The following additional information is required by
    yang disyaratkan oleh regulasi yang berlaku dan                  applicable regulations and is not required by the
    tidak disyaratkan oleh Standar Akuntansi Keuangan                Financial Accounting Standards in Indonesia:
    di Indonesia: (lanjutan)                                         (continued)

    q. Manajemen risiko (lanjutan)                                   q.    Risk management (continued)

         Risiko kepatuhan (lanjutan)                                       Compliance risk (continued)

         Secara umum, risiko kepatuhan terkait erat                        In general, this risk is closely related to
         dengan hukum yang berlaku dan peraturan,                          compliance     with   applicable   laws    and
         yang mengatur Bank, seperti:                                      regulations, which governs the Bank, such as:

         1) Rasio Kewajiban Penyediaan Modal                               1) Capital Adequacy Ratio (“CAR”);
            Minimum (“KPMM”);
         2) Kualitas Aset Produktif;                                       2) Quality of Earning Assets;
         3) Penyisihan Penghapusan Aset (“PPA”);                           3) Allowance of Earning Assets (“PPA”);
         4) Batas Maksimum Pemberian Pembiayaan;                           4) Legal Lending Limit;
         5) Good Corporate Governance (“GCG”); dan                         5) Good Corporate Governance (“GCG”); and
         6) Rencana Bisnis Bank (“RBB”).                                   6) Bank Business Plan (“RBB”).

         Ketidakmampuan Bank untuk mengikuti dan                           The inability of the Bank to follow and comply
         mematuhi semua hukum dan peraturan yang                           with all laws and regulations related to banking
         terkait dengan kegiatan usaha perbankan                           activities may affect the continuity of the Bank.
         dapat mempengaruhi kelangsungan Bank.

         Dalam mengelola risiko kepatuhan, Bank                            In managing the compliance risks, the Bank
         melakukan tindakan di antaranya:                                  performs actions such as:

         1) Meningkatkan pemahaman tentang GCG                             1) Improving understanding of GCG and the
            dan kode etik.                                                    code of conduct.
         2) Penguatan      pelaksanaan     GCG   dan                       2) Strengthening GCG implementation and
            memastikan       bahwa   semua     debitur                        ensuring that all financing debtors meet all
            pembiayaan untuk memenuhi semua                                   financing needs.
            kebutuhan pembiayaan.
         3) Menyusun dan menyampaikan laporan                              3) Preparing and submitting GCG to Financial
            GCG kepada Otoritas Jasa Keuangan.                                Services Authority.
         4) Meningkatkan pelaksanaan Know Your                             4) Increasing the implementation          of the
            Customer (“KYC”), Anti Pencucian Uang                             Know Your Customer (“KYC”), Anti Money
            (“APU”), dan Pencegahan Pendanaan                                 Laundering (“APU”) and the Prevention of
            Teroris (“PPT”).                                                  Financing for Terrorism (“PPT”).
         5) Meningkatkan pelaksanaan compliance                            5) Improving      the     implementation       of
            certification.                                                    compliance certification.
         6) Bekerja sama dengan Dewan Pengawas                             6) Working     closely     with    the    Sharia
            Syariah dalam memastikan kepatuhan                                Supervisory Board in ensuring compliance
            Bank terhadap prinsip syariah.                                    of the Bank with sharia principles.
         7) Memberdayakan Kepatuhan Syariah untuk                          7) Empowering Sharia Compliance to review
            mereviu dan menganalisis kepatuhan dari                           and analyse the compliance of the Bank’s
            produk Bank/kegiatan dengan prinsip                               products/activities with sharia principles.
            syariah.




                                                    Halaman - 145 - Page
Page 684
ANNUAL
REPORT   2024



LEVEL UP
TO THE NEXT
JOURNEY




   Head Office
   Gedung The Tower
   Jl. Gatot Subroto No. 27
   Kelurahan Karet Semanggi,
   Kecamatan Setiabudi,
   Jakarta Selatan 12930


   Contact
   BSI Call - 14040
   Telp. 62081584114040
   contactus@bankbsi.co.id


  Bank Syariah Indonesia      @banksyariahindonesia   Bank Syariah Indonesia   bankbsi_id

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Names mentioned 158 people and organisations named in the text · linked when the evidence is strong

linked org Bank Syariah Indonesia Tbk p.3 ×701
linked org PT Bank Mandiri (Persero) p.9 ×97
linked org PT Bank Rakyat p.10 ×2
linked person Bob Tyasika Ananta · Wakil Direktur Utama p.42 ×18
linked person Zaidan Novari · Direktur p.42 ×17
linked person Grandhis Helmi Harumansyah · Direktur p.42 ×10
linked person Tribuana Tunggadewi · Director p.42 ×23
linked person Anton Sukarna · Director p.42 ×25
linked person Moh. Adib · Director p.42 ×10
linked person Ade Cahyo Nugroho · Director p.42 ×22
linked person Harry Gusti Utama p.42 ×8
linked person Ari Rizaldi · Director p.42 ×16
linked person Adiwarman Azwar Karim · Komisaris Independen p.50 ×13
linked person Masduki Baidlowi · Komisaris p.50 ×14
linked person Abu Rokhmad · Komisaris p.50 ×10
linked person Imam Budi Sarjito · Komisaris p.50 ×5
linked person Komaruddin Hidayat · Komisaris Independen p.50 ×16
linked person Mohamad Nasir · Komisaris Independen p.50 ×15
linked person Felicitas Tallulembang · Komisaris Independen p.51 ×10
linked person Kemas Erwan p.93
linked person Adiwarman A. Karim p.93 ×4
linked person Muliaman D. Hadad · Komisaris Independen p.93 ×10
linked org PT Mandiri Tunas Finance p.98 ×3
linked org Astra Graphia p.100
linked org Astra International Tbk p.109 ×5
linked person Saladin D. Effendi · Direktur p.553 ×5
linked person Rahmatina Awaliah Kasri · Anggota p.554
linked org Bank Maybank Indonesia Tbk p.630 ×2
possible org PT Bank Negara Indonesia (Persero) p.9 ×17
possible org PT Bank Rakyat Indonesia (Persero) p.9 ×30
possible person Nazaruddin · Commissioner p.51 ×2
possible person DR. H. Mohamad Hidayat · Anggota p.55 ×12
possible person Dr. Sutomo p.66
possible person Ahmad Yani p.66 ×5
possible person Gatot Subroto p.67 ×2
possible person Slamet Riyadi p.70 ×2
possible person KH. Agus Salim p.71 ×2
possible org Bank Syariah Indonesia. A p.81
possible org Bank Syariah Indonesia’s p.86
possible org International · Member p.91
possible person Arief Budiman p.92
possible person Ngatari · Director p.107 ×3
possible person Helmi p.550
possible org Bank Tbk p.550 ×2
possible person Suyanto · Komisaris p.552 ×3
possible person Fauzi · Komisaris p.552
possible org Otoritas Jasa Keuangan p.552 ×3
possible person Sutanto · Komisaris p.552
possible person Suharto · Anggota p.554
possible org Bursa Efek Indonesia p.555
possible org Negara Republik Indonesia p.630 ×3
unresolved org PT Bank Syariah Indonesia Tbk’s p.5
unresolved person Ir. H. Joko Widodo p.5
unresolved — Recruitment p.7
unresolved — Competency Development p.7
unresolved — Nomination p.7
unresolved — Non-Financial p.7
unresolved — Committees p.7
unresolved — Organs and Committees p.7
unresolved — Commercial Banks p.7
unresolved — Financing, And Prevention p.7
unresolved — Lawsuit p.7
unresolved — References Index p.7
unresolved org Bank Indonesia p.10 ×33
unresolved org PT Bank BRISyariah p.10 ×35
unresolved org Bank Syariah Mandiri · Director p.10 ×17
unresolved org Bank Syariah p.10 ×10
unresolved org Ministry of Finance p.11 ×2
unresolved org Bank The Category p.18
unresolved org Bank Aug- p.25
unresolved org Bank Mar- p.25
unresolved org PT Bank BSI p.26 ×3
unresolved org Bank BSI Sustainability-Based Mudharabah Sukuk I Phase p.26
unresolved org Indonesia Stock Exchange p.28 ×2
unresolved org Financial Services Authority p.36 ×10
unresolved org Bank Indonesia. However p.39
unresolved org Bank Soundness Level p.41
unresolved — Dismiss Hery Gunardi · President Director p.42 ×28
unresolved — Appoint Harry Gusti · Director p.42 ×6
unresolved org Bank In p.48
unresolved — Independent Commissioner Hidayat · Commissioner p.51
unresolved person Prof. Dr. KH. Hasanudin · Ketua p.54 ×6
unresolved person MBA p.55 ×3
unresolved person Dr. H. Oni Sahroni · Anggota p.55 ×4
unresolved person Prof. Dr. K.H. Didin Hafidhuddin · Anggota p.55 ×2
unresolved — Reappoint Hasanudin · Chairman p.56
unresolved person Dr. KH. Abdul Ghofur Maimoen · Anggota p.56 ×2
unresolved person Prof. Dr. Jaih Mubarok · Anggota p.56 ×4
unresolved org Bank Syariah Indonesia Instagram p.63
unresolved person H. Thamrin p.64 ×2
unresolved person Dr. Ratulangi p.64 ×2
unresolved person Prof. A Majid Ibrahim p.65
unresolved person KH. Hasyim Ashari p.68
unresolved person Ir. H. Juanda p.69 ×2
unresolved person Dr. Cipto Mangunkusumo p.69
unresolved person KH. Mansyur p.70 ×2
unresolved person KH. Akhmad Muksin p.71
unresolved person Ir. Pangeran Haji Muhammad Noor p.72
unresolved person Dr. Sam Ratulangi p.72
unresolved org PT Bank BNI Syariah. This p.74
unresolved org PT Bank Jasa Arta p.74 ×4
unresolved org PT Bank Syariah Mandiri Syariah BRI p.74
unresolved org PT Bank BNI Syariah p.74 ×8
unresolved org Syariah Indonesia Tbk p.74 ×8
unresolved person Notary Jose Dima Satria p.74 ×6
unresolved org BRIsyariah Tbk p.74 ×2
unresolved org Minister of Law p.74
unresolved org Minister of Law and Human Rights p.75 ×7
unresolved person Muhammad Muazzir p.75
unresolved person Notary Liem Toeng Kie p.75 ×4
unresolved org Minister of Justice No. J.A. p.75
unresolved org PT Bank Syariah BRI p.75 ×3
unresolved person Notary Fathiah Helmi p.75 ×7
unresolved person Ministry of SOEs No. SE- p.76
unresolved org Indonesia Tbk p.78 ×2
unresolved org Bank Indonesia Savings p.78
unresolved org Bank Guarantee Under Counter p.80
unresolved org PT PLN p.80
unresolved org Bank BSI Umrah p.82
unresolved org Bank Indonesia’s QR p.86
unresolved org Bank Syariah Indonesia ATMs p.86
unresolved org Bank Syariah Indonesia Customers. Aisyah p.86
unresolved org Bank Syariah Indonesia’s Interactive Assistant p.86
unresolved org Bank Syariah Indonesia. Business p.86
unresolved org Bank Syariah BSI Payment Point Indonesia p.86
unresolved person Forum Komunikasi · Direktur p.91
unresolved org Bank Agen Penjual Efek Reksa Dana Indonesia p.91
unresolved org Musyawarah Perbankan Daerah p.91
unresolved org Sentral Efek Indonesia p.91
unresolved person Rizky Budinanda · Corporate Secretary p.93
unresolved org Bank Muamalat Indonesia Tbk p.100 ×2
unresolved org PT Astra Graphia Information Term p.100
unresolved org Bank BRI (Persero) Tbk p.102 ×8
unresolved org PT Bringin Sejahtera Makmur p.102 ×2
unresolved org PT BRI Danareksa Sekuritas p.105
unresolved org PT BRI Danareksa Appointed p.105
unresolved org Deposit Insurance Corporation p.109
unresolved org Pengelola Investasi Dana Anagata Nusantara p.109
unresolved org PT Bank Negara Indonesia Babas Bastaman p.132
unresolved org PT QUBISA p.394
unresolved org Menteri Hukum dan Hak Asasi Manusia p.550
unresolved org Ministry of Laws Republik p.550
unresolved org PT Bank BNI Syariah. Penggabungan p.550
unresolved org PT Bank BRIsyariah Syariah p.550
unresolved org PT Bank BRIsyariah Menggunakan Izin p.550
unresolved org Bank Sharia Services Kantor Cabang Luar Negeri p.552
unresolved person Ashoya · Notaris p.552
unresolved person Notary Ratam p.552 ×2
unresolved person Notary S.H. p.552
unresolved person M. Arief Rosyid Hasan · Komisaris Independen p.552 ×4
unresolved person Notary Notaris Ashoya Ratam p.553 ×6
unresolved person Notary Ashoya Ratam p.553 ×2
unresolved person Ratam p.554
unresolved person M. Zacky Thayib · Anggota p.554
unresolved person M. Gunawan Yasni · Anggota p.554
unresolved org Maybank Indonesia Tbk p.630
unresolved — Seri A Dwiwarna p.630 ×2
unresolved — dana syirkah temporer p.652 ×2

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