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                                                LOREM IPSUM



                 Strengthening the Digital Financial Ecosystem,
MODENA Pay and MNC Kapital Announce Strategic Collaboration

Jakarta, April 10, 2025 – PT MNC Kapital Indonesia Tbk (IDX: BCAP), or MNC Kapital, has officially entered into a strategic
partnership with MODENA Group. The signing ceremony was carried out by Dong Pyo Jeon, Executive Vice President
Commercial of MODENA, and Yudi Hamka, President Director of MNC Kapital, witnessed by MODENA Group EVP Michael
Jizhar and Executive Chairman of MNC Group, Hary Tanoesoedibjo.
This partnership marks a significant milestone for both companies in delivering more integrated and innovative
financial services, while accelerating digital financial inclusion in Indonesia and globally.
Through this synergy, MODENA Group and MNC Kapital will collaboratively drive the development of a comprehensive
suite of integrated digital financial initiatives, with the scope of collaboration outlined as follows:
   1.   Co-branding credit and debit cards
        At today’s ceremonial event, MNC Bank and MODENA Pay unveiled the initial phase of their collaboration, a co-
        branding credit card that offers a secure, seamless, and rewarding payment experience, with benefits including
        cashback, free annual fee, 0% installments, and free extended warranty.
   2. Settlement current account
      MNC Bank provides settlement current accounts for MODENA’s second-party distributors. These accounts
      facilitate smooth and secure financial transactions between MODENA and its distribution partners.
   3. Integration of digital wallet MotionPay into MODENA Pay for automated payments and IoT solutions within the
      MODENA Seamless super-app
      MNC Teknologi Nusantara through MotionPay will integrate MODENA Pay’s digital financial services into the
      MODENA Seamless super-app. This integration enables smooth and secure transactions directly connected to
      MODENA’s IoT smart devices. Through the MODENA Seamless app, users can remotely control appliances,
      automate orders for daily essentials like water and gas, and make payments for subscription services like
      Seamless Go using MODENA Pay, powered by MotionPay.
   4. Insurance solutions for MODENA products and customers
      On the financial protection front, MNC Life and MNC Insurance will collaborate with MODENA Care+ to deliver
      customized life and general insurance solutions tailored for the MODENA ecosystem.
   5. Investment management solutions for the MODENA ecosystem
      MODENA Pay is set to establish a strategic alliance with MNC Asset Management for investment management
      and other financial solutions.
   6. Other potential collaborations will be explored by leveraging the extensive and integrated MNC Group
      ecosystem to create sustainable and mutually beneficial business synergies




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             The collaboration between MNC Kapital and                  This partnership reinforces our commitment to
         MODENA Group represents a strategic synergy                    advancing a comprehensive digital ecosystem
     aimed at delivering integrated, tech-driven financial              for our customers and business partners.
        solutions. We are fully committed to supporting                 Through this strategic collaboration, we are
      MODENA’s end-to-end financial needs, accelerating                 providing transaction services that are not only
      mutual growth, enhancing competitive advantage,                   seamless and secure but also tailored to meet
        and enriching the MNC Group ecosystem as we                     the demands of an increasingly connected and
            advance Indonesia’s digital financial industry.             dynamic lifestyle.

                                               Yudi Hamka,              Dong Pyo Jeon,
                          President Director of MNC Kapital             EVP Commercial of MODENA Group




About MNC Kapital                                                     About MODENA

Established in 1999 and went public in 2001, MNC Kapital              Founded in the 1960s, MODENA is an Italian founded, Hong Kong
(IDX: BCAP) is a publicly listed company with a solid and             domiciled, Indonesian-owned Multinational Corporation. Since
trusted financial ecosystem, encompassing integrated                  1981, MODENA has strategically shifted its base from Northern
conventional and digital financial services. MNC Kapital’s            Italy to Asia. The group playing fields cover 12 pillars: Electronics,
business portfolio spans banking, consumer finance, leasing,          Energy, IoT, Water Solutions, Mobility, Heavy Industries, Retail
financial technology, securities, asset management, and               Cloud, E&C, Logistics, Medical Equipment, ICT and Financial
insurance.                                                            Services, with a global industrial footprint.

With over two decades of experience, MNC Kapital upholds the          Today, MODENA’s vision is to become a driving force towards
highest standards of security through prudent risk                    an interconnected world. Highly engineered with modern
management,        full  regulatory    compliance,      and    the    designs and cutting-edge technology such as Internet of
implementation of cutting-edge cybersecurity systems. Under           Things (IoT), MODENA is committed to bringing the smartest,
the supervision of the Financial Services Authority (OJK) and         most interconnected innovations to modern consumers for a
Bank Indonesia (BI), MNC Kapital remains committed to                 better world, better future, to make life easier.
delivering inclusive, secure, and efficient financial solutions for
both individual clients and business entities.
                                                                      For further information, please reach out to MODENA Public
For further information, please contact:                              Relations team at pr@modena.com
PT MNC Kapital Indonesia Tbk
 Gladys Levina
 Email: gladys.levina@mncgroup.com
 MNC Bank Tower 21/F, MNC Center
 Jl. Kebon Sirih Kav 21-27, Menteng
 Central Jakarta 10340, Indonesia
 Phone: +6221 2970 9700
 Website: www.mncfinancialservices.com




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DISCLAIMER
By accepting this Press Release, you agree to be bound by the restrictions set out below. Any failure to comply with these
restrictions may constitute a violation of applicable securities laws.
The information and opinions contained in this Press Release have not been independently verified, and no representation or
warranty, expressed or implied, is made as to, and no reliance should be placed on the fairness, accuracy, completeness or
correctness of, the information or opinions contained herein. It is not the intention to provide, and you may not rely on this Press
Release as providing, a complete or comprehensive analysis of the condition (financial or other), earnings, business affairs,
business prospects, properties or results of operations of The Company or its subsidiaries. The information and opinions contained
in this Press Release are provided as at the date of this presentation and are subject to change without notice. Neither The
Company (including any of its affiliates, advisors and representatives) nor the underwriters (including any of their respective
affiliates, advisors or representatives) shall have any responsibility or liability whatsoever (in negligence or otherwise) for the
accuracy or completeness of, or any errors or omissions in, any information or opinions contained herein nor for any loss
howsoever arising from any use of this Press Release.

In addition, the information contained in this Press Release contains projections and forward-looking statements that reflect The
Company’s current views with respect to future events and financial performance. These views are based on a number of
estimates and current assumptions which are subject to business, economic and competitive uncertainties and contingencies as
well as various risks and these may change over time and in many cases are outside the control of The Company and its
directors. No assurance can be given that future events will occur, that projections will be achieved, or that The Company’s
assumptions are correct. Actual results may differ materially from those forecasts and projected.

This Press Release is not and does not constitute or form part of any offer, invitation or recommendation to purchase or subscribe
for any securities and no part of it shall form the basis of or be relied upon in connection with any contract, commitment or
investment decision in relation thereto.




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Names mentioned 5 people and organisations named in the text · linked when the evidence is strong

linked org MNC Kapital Indonesia Tbk p.1 ×5
linked person Hary Tanoesoedibjo. p.1
unresolved org Indonesian-owned Multinational Corporation p.2
unresolved org Financial Services Authority p.2
unresolved org Bank Indonesia p.2

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