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Page 1
Public Expose
   2025
Page 2
 Public Expose 2025


                 Company in a Brief

                 Macroeconomy & Industry Condition
AGENDA
                 Operational & Financial Performance


                 2025 Strategy
Page 3
               History of the Company
                                                                    Transform Business Model



                              2019                                       2020                        2021
                               Radana held HMETD II (Rights               Rubicon closed the         Radana      held     private
                               Issue) & Rubicon became the                deal after MTO in          placement to       increase
                               controlling shareholder                    April                      public shares




        2015                                              2014                                                   2013
        Radana held HMETD I                PT HD Finance Tbk                                   Tiara Marga Trakindo
        (rights issue)                     changed its name to PT                              (TMT) became the major
                                           Radana        Bhaskara                              shareholder
                                           Finance Tbk




                               1972                                          2005                                               2011
                    PT Indonesia Lease Corporation      Orang Tua Group acquired PT                                 PT HD Finance held Initial
                    (Indo Lease) was established        Indonesia   Finance   Lease                                 Public Offering (IPO) and
                                                        Corporation and changed its                                 became a public company
                                                        name to HD Finance.


Mitra Andal, Sahabat Anda                                                                                                   PT Radana Bhaskara Finance Tbk | Public Expose 2025   2
Page 4
               Shareholder Structure

                               Public             Rubicon Investment Holding Pte. Ltd.
                               7.62%              Rubicon Investments Holding Pte. Ltd. (“Rubicon”) is directly controlled and majority
                                                  owned by Archipelago Asia Focus Fund Pte. Ltd., a company incorporated under the
                                                  laws of the Republic of Singapore ("AAFF SG") and indirectly controlled by Archipelago
                                                  Capital Partners Pte. Ltd. (“ACP”), an investment company incorporated under the laws
                                                  of the Republic of Singapore and licenced by the Monetary Authority of Singapore in
                       TMT                        Singapura.
                      37.15%            Rubicon
                                        55.23%    PT Tiara Marga Trakindo
                                                  Established as a Holding Company of the TMT Group in 2000, PT Tiara Marga Trakindo
                                                  (TMT) is a private company headquartered in Jakarta. TMT oversees several sub-
                                                  holdings in heavy equipment procurement and services, financing, integrated minerals
                                                  and energy, consumer retail, hospitaly and food manufacturing.




Mitra Andal, Sahabat Anda                                                                        PT Radana Bhaskara Finance Tbk | Public Expose 2025   3
Page 5
 Public Expose 2025


                 Company in a Brief


                 Macroeconomy & Industry Condition
AGENDA
                 Operational & Financial Performance


                 2025 Strategy
Page 6
                Macro & Industry
    Inflation (%)                                          Source: BI     Non-Performing Performance – Multi Finance (%)                         Source: OJK

       2.61                 3.05       2.51       1.84            1.57


      4Q23                  1Q24      2Q24       3Q24            4Q24
                                                                               2.44          2.45          2.80               2.62               2.70
    PDB (%)                                                Source: BPS


       5.05                 5.11       5.05       4.95             5.02

                                                                               4Q23          1Q24          2Q24              3Q24               4Q24
       4Q23                 1Q24       2Q24       3Q24            4Q24

    Investment Financing (IDR Bn)                         Sumber: OJK     Working Capital Financing (IDR Bn)                                      Source: OJK




                                                169,463       170,519                                                                           49,911
                            168,053
                                      163,962                                                              47,964            48,108
                                                                                             46,535
       154,351                                                                 45,557


         4Q23               1Q24      2Q24      3Q24           4Q24             4Q23          1Q24         2Q24               3Q24               4Q24

Mitra Andal, Sahabat Anda                                                                                 PT Radana Bhaskara Finance Tbk | Public Expose 2025   5
Page 7
 Public Expose 2025


                 Company in a Brief


                 Macro & Industry Condition
AGENDA
                 Operational & Financial Performance

                 Strategy 2025
Page 8
               Operational & Financial Performance
                Performance Summary 2024



                                             5,23 T                                 1,97%                                    2,62 T
                      New Booking                                 NPF-Gross Ratio
                                                 yoy
                                                           82%                       yoy
                                                                                           (0,17)%   Total Liabilities
                                                                                                                                 yoy        42%




                                            (43) B                                  3,19 T                                   572 B
                        Net Profit                         25%      Total Asset             30%       Total Equity                          (7)%
                                                yoy                                  yoy                                        yoy


                Source: Radana Finance
                Notes: T for Trillion, B for Billion, in Rupiah


Mitra Andal, Sahabat Anda                                                                                    PT Radana Bhaskara Finance Tbk | Public Expose 2025   7
Page 9
               Operational & Financial Performance
                Operational Performance 2024
                                            New Booking (in IDR Bn)                  In 2024, Radana recorded a total new disburse of IDR 5.23 Trillion
                                                                                     with a composition of 59% Factoring or IDR 3.07 Trillion, 28%
                                                                   +82%
                                                                                     ABF or IDR 1.47 Trillion and 13% FMU or RP 674 Billion.
                                                                             5.227
                                                      2.871
                            1.943


                            2022                      2023                   2024


                                         Account Receivables (in IDR Bn)             In 2024, Radana recorded a total Account Receivables of IDR 2.69

                                                                   +35%              Trillion with a composition 38% Factoring or IDR 1.02 Trillion,
                                                                             2.691
                            1.469
                                                      1.987                          59% ABF or IDR 1.58 Trillion, 3% FMU or IDR 85 Billion.


                            2022                      2023                   2024


                                                NPF-gross (in %)                     • NPF-gross was in a healthy trend and recorded at 1.97% as of

                                                                   (0,17)%             December 2024. NPF-gross was maintained below the
                                                     2,14%                   1,97%     regulation maximum level and supported by a healthier
                            0,04%                                                      portfolio throughout 2024.
                            2022                      2023                   2024

                Source: Radana Finance

Mitra Andal, Sahabat Anda                                                                                    PT Radana Bhaskara Finance Tbk | Public Expose 2025   8
Page 10
               Operational & Financial Performance
                Financial Performance 2024
                                         Revenue (in IDR Billion)


                                                                                  • Total Revenue was recorded at IDR 387 Billion,
                                                                    +49%   387
                                                                                    49% YoY in 2024 due to increase in new disburse

                               200
                                                   260
                                                                                    by 82%.

                                                                                  • Total Operating Expense was recorded at IDR 386

                               2022               2023                     2024     Billion or increased by 51% YoY throughout 2024
                                                                                    due to financing expenses related to the company
                                          OPEX (in IDR Billion)                     borrowing needs to support its core activities,
                                                                                    expand business opportunities, and enhance the
                                                                                    company’s business capacity
                                                                    +51%   386

                                                   255
                                144



                               2022               2023                     2024


                Source: Radana Finance

Mitra Andal, Sahabat Anda                                                                     PT Radana Bhaskara Finance Tbk | Public Expose 2025   9
Page 11
               Operational & Financial Performance
                Financial Performance 2024
                                         Net Profit/Net Loss (in IDR Billion)



                                44
                                                                         +25%

                               2022                     2023                      2024     • Total Net Loss was recorded at IDR 43 Billion

                                                         (57)
                                                                                   (43)      or improved by 25% YoY dan Net Profit
                                                                                             Margin was recorded at -11,11% in 2024.
                                                                                             This was primarily attributed to the losses
                                                     NPM (in %)
                                                                                             incurred from unutilized Deferred Tax Assets
                                                                                             (DTA) 2020, which was charged in 2024.
                              21,89%

                                                                          +11%
                                                                                 -11,11%
                               2022                     2023                      2024

                                                       -22,02%



                Source: Radana Finance

Mitra Andal, Sahabat Anda                                                                           PT Radana Bhaskara Finance Tbk | Public Expose 2025   10
Page 12
               Operational & Financial Performance
                 Financial Performance 2024
                                           Asset (In IDR Billion)

                                                                        +30%   3.191   • Total assets increased 30% YoY due to hiked
                                                    2.460
                               1.737
                                                                                         financing receivables, which directly contributed
                                                                                         from increased in new disburse by 82% in 2024.
                               2022                 2023                       2024
                                                                                       • Liabilities in 2024 was recorded at IDR 2.62
                                         Liabilities (in IDR Billion)
                                                                                         Trillion, increased of 42% YoY due to utilization

                                                                        +42%
                                                                               2.618     of bank loan facility to support the company’s
                                                    1.844
                               1.064                                                     business expansion in disbursing new financing.

                                                                                       • Equity in 2024 was recorded at IDR 572 Billion,
                               2022                  2023                      2024
                                                                                         decreased by 7% YoY due to unutilized DTA 2020,
                                          Equity (in IDR Billion)
                                                                                         which was charged in 2024, hence turning bottomline
                               673                                                       to loss after tax.
                                                     616                (7)%
                                                                               572



                               2022                 2023                       2024


                Source: Radana Finance

Mitra Andal, Sahabat Anda                                                                         PT Radana Bhaskara Finance Tbk | Public Expose 2025   11
Page 13
 Public Expose 2025


                 Company in a Brief


                 Macro & Industry Condition
AGENDA
                 Operational & Financial Performance


                 Strategy 2025
Page 14
               Strategy 2025
    1        Development and strengthening of Investment and Working Capital Financing Products.

    2        Increasing market share through expansion of coverage to new potential areas

    3
             Strengthening relationships with existing and new potential dealers, supported by various marketing
             programs

    4        Offering working capital financing to existing debtors (Cross-Sell, Pre-Approved, etc.)

    5        Sharpening strategy by focusing on the Key Accounts Approach

    6        Enhancing skills and knowledge for all employees, further improving process efficiency

             Expanding funding access from banks (domestic and international) with competitive interest rate
    7
             offerings



Mitra Andal, Sahabat Anda                                                                 PT Radana Bhaskara Finance Tbk | Public Expose 2025   14
Page 15
                      THANK YOU
                           PT Radana Bhaskara Finance Tbk
CIBIS Nine Building Jl. TB Simatupang No.02., RT.1/RW.5, Cilandak Timur, Kec. Ps. Minggu
              Kota Jakarta Selatan, Daerah Khusus Ibukota Jakarta 12560

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Names mentioned 11 people and organisations named in the text · linked when the evidence is strong

linked org Tiara Marga Trakindo p.3 ×3
linked org Radana Bhaskara Finance Tbk p.3 ×29
linked org Rubicon Investments p.4
unresolved org HD Finance Tbk p.3 ×3
unresolved org Finance Tbk p.3
unresolved org PT Indonesia Lease Corporation p.3
unresolved org Rubicon Investment Holding Pte. Ltd. p.4
unresolved org Rubicon Investments Holding Pte. Ltd. p.4
unresolved org Archipelago Asia Focus Fund Pte. Ltd. p.4
unresolved org Archipelago Capital Partners Pte. Ltd. p.4
unresolved org PT Tiara Marga Trakindo Established p.4

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