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Page 1
ANNUAL PUBLIC EXPOSE
PT Matahari Putra Prima Tbk
MPPA

26 March 2025




                              © PT Matahari Putra Prima Tbk • Public Expose 2025   1
Page 2
EXECUTIVE                 FINANCIAL
SUMMARY                   PERFORMANCE

            1                                                  2
BUSINESS                  OTHER
UPDATES                   INFORMATION


            3                                                  4

                © PT Matahari Putra Prima
                      © PT Matahari  PutraTbk  • Public
                                           Prima  Tbk • Expose  2025 2025
                                                        Public Expose
Page 3
Over 40+ years of experience in FMCG retail



VISION
Becoming the leading customer centric Omni-Channel Retailer



MISSION
We provide daily best quality fresh food and family needs at affordable prices




                                        EXECUTIVE SUMMARY
                                                                                 © PT Matahari Putra Prima Tbk • Public Expose 2025   3
Page 4
EXECUTIVE SUMMARY
                                                    MPPA accelerates sustainable growth and excellence
▪ Net sales: Rp 7,118 billion (4.2% SSSG),
                                                    through:
  driven by store enhancements, improved
  customer shopping experience, and effective       ▪ Product quality management and innovation:
  marketing strategies.                               ensures excellence in Fresh product quality and expands
                                                      product variety to meet diverse consumer preferences.
▪ Cost saving: Rp121 billion achieved through
  discipline   in    cost   management     and      ▪ Consumer experience and store enhancement:
  commitment      to    productivity supporting       elevates the shopping experience through store
  sustainable economic models.                        renovations and strengthens customer loyalty with the
                                                      Hicard program.
▪ Operating profit FY 2024 recorded at Rp 34
  billion, attributed to focus on customer value    ▪ Expansion and strategic collaboration: expands its
  proposition focus, inventory control and cost       market reach to high-potential areas and strengthens
  efficiencies in line with company strategy.         partnerships with MSMEs to support the local economy

▪ Achieved significant profitability improvement,   ▪ Operational optimization and cost efficiency: The
  with Net Income (Loss) improved by                  Company optimizes operations with technology and
  Rp 137 billion.                                     strict cost control to enhance efficiency and
                                                      competitiveness.



                                                                          © PT Matahari Putra Prima Tbk • Public Expose 2025   4
Page 5
Operates 176 multiformat stores across 30 province and
74 cities in Indonesia


Strong supply chain network with 5 strategically located distribution
centres across Indonesia


Total spaces occupied 497,774 m2




                           FINANCIAL PERFORMANCE
                                                                        © PT Matahari Putra Prima Tbk • Public Expose 2025
Page 6
FINANCIAL SUMMARY
Sales growth and cost optimization driving financial recovery


                                          ANNUAL                                           Q4
In Billion IDR
                              2024          2023           Var         2024                2023                Var
Net Sales                        7,118         6,915         2.9%           1,677               1,597             5.0%
     SSSG %                      4.2%          -1.2%                        6.4%                -4.7%

Gross Profit                     1,232         1,209         2.0%             306                 308            -0.6%
     Margin %                   17.3%         17.5%                        18.2%                19.3%

OPEX                            (1,198)       (1,320)       -9.2%           (278)               (290)            -4.0%
     Percentage to sales %      -16.8%        -19.1%                      -16.6%              -18.1%

Operating Profit                     34            (111)         N/A           28                  18            52.9%
     Margin %                    0.5%          -1.6%                        1.6%                1.1%

Net Income (Loss)                 (118)        (255)         +137             (26)                 (8)               N/A
     Margin %                    -1.7%         -3.7%                       -1.5%                -0.5%




                                                                       © PT Matahari Putra Prima Tbk • Public Expose 2025   6
Page 7
    FINANCIAL PERFORMANCE
    Space optimization and consumers value proposition as sustainable growth levers


            Net Sales (in IDR Bn)                       Gross Profit (in IDR Bn)                            Net Income (Loss) (in IDR Bn)


                                                                                                      FY 2023                   FY 2024
                     +2.9%                                       +1.9%
                                7,118                1,209                   1,232
         6,915
                                                                                                                                  (118)


                                                                                                        (255)          +137
        FY 2023                FY 2024             FY 2023                 FY 2024


▪   Net Sales FY2024 recorded            at   ▪   Gross Profit FY2024 reached                    ▪   Net Income (Loss) FY2024 of Rp118
    Rp7,1 trillion above last year by 2.9%,       Rp 1.2 trillion, a 1.9% increase from              billion improved by Rp137 billion in
    reflecting the positive impact of store       last year, aligning with the growth in             line with company transformation
    format enhancement as well as effective       net sales.                                         program       initiatives,    enhancing
    promotional strategies that attracted                                                            productivity and cost efficiency.
    more customers.




                                                                                           © PT Matahari Putra Prima Tbk • Public Expose 2025   7
Page 8
FINANCIAL PERFORMANCE
Enhanced financial performance through disciplined cost management

                                           Net Sales                                                                            Gross Profit
   In IDR Bn


                       6,915                                          7,118
                                              +2.9%

      1,786      1,917         1,615       1,597      1,975    1,811          1,654     1,677

                                                                                                 305     324     272        308        319           309           298           306




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



                                  Operating Expense                                                                       Operating Income


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


                                                                                                                           18
                                                                                                 (60)    0
                                                                                                               (69)
                                   (290)                      (303)       (303)       (278)
               (323)     (341)                       (315)
     (365)                                                                                                                                     4            7                          28
                                           2.2 p.p                                                                                                                       (4)
                  19.1%                                           16.8%
                                                                                                -3.4%   0.0%   -4.3%      +1.1%              +0.2%         +0.4%         -0.3%     +1.6%




                                                                                                                      © PT Matahari Putra Prima Tbk • Public Expose 2025
Page 9
SALES PERFORMANCE
Driving growth across key regions with strong momentum

          Sales Contribution by Region FY2024                                            Sales Growth by Region FY2024

                                                                 +1.6%


            8%
     11%                                                                                                                                 FY 2023
                                    Jabodetabek & Java
                                                                                                                                         FY 2024
                                    East Indonesia
    12%                55%
                                    Kalimantan
                                                                                +11.1%
                                    Sumatra                                                        +2.9%
                                                                                                                     +1.5%
      14%                                                                                                                              +1.0%
                                    Sulawesi


                                                              Jabodetabek &   East Indonesia      Kalimantan         Sumatra           Sulawesi
                                                                  Java



▪    55% of Sales are generated from Jabodetabek and Java followed by East Indonesia at 14%

▪    East Indonesia grew by 11.1% in 2024



                                                                                               © PT Matahari Putra Prima Tbk • Public Expose 2025   9
Page 10
    IKHTISAR KEUANGAN
FINANCIAL   SUMMARY
Enhancing financial position through improved working capital

                       ASSET                                              LIABILITY & EQUITY

 In Billion IDR             FY2024      FY2023        In Billion IDR                         FY2024            FY2023

 Cash and equivalent             255         250      Bank loan                                    600                  600
                                                      Accounts payables                          1,152                  907
 Other receivables               255         197
                                                      Lease liabilities                            887                1,060

 Inventory                     1,210        1,090     Other liabilities                            771                  815
                                                      Total Liabilities                          3,410                3,382
 Fixed assets                    419         456
                                                      Share capital                              2,915                2,915

 Right-of-use assets             770         986      Retained earnings                        (2,765)              (2,656)

 Other assets                    651         662      Total Shareholders’ Equity                   150                  259

 Total Asset                   3,560        3,641     Total Liabilities & Equity                 3,560                3,641



                                                                            © PT Matahari Putra Prima Tbk • Public Expose 2025 10
Page 11
First FMCG Retail to receive Halal certification from BPJPH for
132 outlets, 5 distribution centers and 1 sales support centre (Head Office)



240+ organic online store (Chat & Shop) & Hypermart Online Express also
430+ online stores in Indonesia leading marketplace



Over 1.8 million loyalty users




                                                    BUSINESS UPDATE
                                                                               © PT Matahari Putra Prima Tbk • Public Expose 2025 11
Page 12
   IKHTISAR KEUANGAN
ECONOMIC   CHALLENGES
Challenging Factor                                                        Supporting Factor
• Urbanization and shifting consumer behavior

• Shrinking in middle class buying power
                                                                 &        • Stable economic growth and inflation in Indonesia

                                                                          • Stability in domestic sector and government support
• Environmental and sustainability demands                                • Expansion opportunities



                         ▪   Customer & Community Engagement: Enhance customer experience through agile marketing and
    MPPA                     personalized promotions.

                         ▪   MSME Partnerships & Local Economic Growth: Strengthen partnerships and expand market reach for long-
                             term growth.

                         ▪   Data-Driven Decision Making: Leverage analytics for better decision-making and customer engagement.

                         ▪   Organizational & Talent Development: Adapt to market dynamics with skilled workforce & operational
                             excellence.
   FOCUS                 ▪   Sustainable & Inclusive Growth: Address sustainability demands through ESG-focused initiatives.



MPPA's strategies directly address economic challenges, leverage opportunities, and ensuring long-term sustainable growth.


                                                                                            © PT Matahari Putra Prima Tbk • Public Expose 2025 12
Page 13
    IKHTISAR KEUANGAN
 STRATEGY   ON A PAGE
 Powering forward through collaboration to achieve growth and excellence




Integrated Retail            Expansion to             Efficient               Membership &                     Data Insight             Sustainable
Approach                     Target Area/             Expansion               Omnichannel                      • Leveraging             Retail for the
• End-to-end agile           Sectors                  Model                   • Optimized                        customer data          Future
  approach on marketing,                                                        assortment, pricing              analytics to           • Continuous
                             • Capitalize our         • Finetune our low-                                        achieve success in
  merchandising, store         strong track record      cost model which is     and promotions to                                         improvement mindset
  operations to enhance                                                         elevate member                   today'scompetitive       to deliver enhanced
                               to seize more retail     fit for faster                                           landscape.
  our customer service.        opportunities in         payback.                experience and                                            value to our
                               growing sectors.                                 strengthen loyalty.                                       customer.
• Maximizing the                                                                                               • By unlocking
                                                      • Expand to suitable                                       valuable insights,
  potential of               • Expand market            locations that        • Integrate personalized                                  • Commitment to
  merchandise offers and                                                        offer into eCommerce             MPPA candrive
                               reach by                 enable us to grow                                        growth anddeliver        sustainable practices
  leveraging outlet            capitalizing on our      with minimum            platform to enhance                                       focusing on
  format/size                                                                   online shopping                  exceptional
                               competitive              capex.                                                   customer                 environmental
  advantages, with             advantages.                                      experience.                                               responsibility, social
  strong emphasis on                                                                                             experiences with
                                                                                                                 efficiency.              impact and strong
  fresh food offerings and                                                                                                                governance.
  destination categories.



                                                                                                         © PT Matahari Putra Prima Tbk • Public Expose 2025 13
Page 14
6,792 associates across all stores, DC and supporting offices




Over 3,000 suppliers listed, all locals and national suppliers



Has 33,000+ SKUs




                                                 OTHER INFORMATION
                                                                 © PT Matahari Putra Prima Tbk • Public Expose 2025 14
Page 15
Information on Use of Proceeds from Limited Public Offering VI


                                                                                                                      Plan for Use of          Realized Use of
                                                                      (in billion Rupiah)
Type of Public Offering:                                                                                                 Proceed                    Fund
Limited Public Offering VI in connection with the issuance of
Pre-emptive Rights (HMETD).                                           To pay partially the principal of the
                                                                      Company's loan to PT Bank Negara
Effective Date:                                                                                                                       105                      105
                                                                      Republik Indoneia (the Company)
November 26, 2021                                                     Tbk.

                                                                      To pay partially the principal of the
                                                                      Company's loan to PT Bank CIMB                                    45                      45
  Amount of Realization of Public Offering Proceeds                   Niaga Tbk.
                       (in billion Rupiah)
                                                                      Capital Expenditure                                               75                      58
Amount of Proceed from Public Offering                      720
                                                                      Working Capital                                                 491                      491
Cost of Public Offering After Tax                               (4)
                                                                      TOTAL                                                           716                      699
Net Realization                                             716
                                                                                            Remaining Fund as of December 31, 2024
                                                                                                         Rp17 billion




                                                                                                              © PT Matahari Putra Prima Tbk • Public Expose 2025 15
Page 16
                                  PT MATAHARI PUTRA PRIMA TBK.
                                     Hypermart Cyberpark, UG Floor
                               Jl. Sultan Falatehan, Lippo Karawaci Utara
                                        Tangerang, Banten 15138

                                      Phone: +62 21 5081 3000
                         E-mail : corporate.communication@hypermart.co.id
                                     Website : https://mppa.co.id/


DISCLAIMER: This presentation has been prepared by PT Matahari Putra Prima Tbk ("MPPA" or the "Company") for
information purposes. Neither this presentation nor any of its contents may be reproduced, disclosed or used without the
prior written consent of the Company.


This presentation may contain forward-looking statements that represent the Company's current views about possible
future events and financial plans. These views are based on current assumptions, are exposed to various risks, and are
subject to considerable change at any time. Actual results may differ materially from those projected.


The information presented is current only as of its date and should not under any circumstances, create any implication that
the information contained in this presentation is correct as of any time subsequent to such date or that there has been no
change in the financial condition of MPPA since such date. This presentation may be updated from time to time and there is
no undertaking by MPPA to post any such amendments or additions to this presentation. MPPA disclaims any responsibility
or liability whatsoever arising which may be brought against or suffered by any person as a result of reliance on the whole
or any part of the contents of this press release and neither MPPA nor any of its affiliated companies and their respective
employees and agents accepts liability for any errors, omissions, or otherwise, in this press release, and for any
inaccuracies or omissions that may occur.


                                                              © PT Matahari
                                                        © PT Matahari  PutraPutra Prima
                                                                              Prima     Tbk ••Public
                                                                                      Tbk     Public Expose
                                                                                                      Expose  2025 16
                                                                                                            FY2025
Page 17
THANK YOU . . .




                  © PT Matahari Putra Prima Tbk • Public Expose 2025 17

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linked org Matahari Putra Prima Tbk p.1 ×55
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unresolved org PT Matahari PutraTbk p.2
unresolved org Public Prima Tbk p.2
unresolved org Fund Limited p.15
unresolved org Niaga Tbk. p.15
unresolved org PT Matahari PutraPutra Prima Prima p.16

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