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Page 1
Public Expose
Performance in 2024

24 March 2025
Page 2
                                 Disclaimer
                                 This presentation has been prepared by PT. Mastersystem
                                 Infotama Tbk. (“MSTI” or “Company) for informational
                                 purposes. Neither this presentation nor any of its content
                                 may be reproduced, disclosed or used without the prior
                                 written consent of the Company.
                                 This presentation may contain forward looking statements which represent the Company’s present
                                 views on the probable future events and financial plans. These views are based on current
                                 assumptions, are exposed to various risks, and are subject to considerable changes at any time.
                                 The Company warrants no assurance that such outlook will, in part or as a whole, eventually be
                                 materialized. Actual results may differ materially from those projected.

                                 The information is current only as of its date and shall not, under any circumstances, create any
                                 implication that the information contained therein is correct as of any time subsequent to the date
                                 thereof or that there has been no change in the financial condition or affairs of MSTI since such date.
                                 This presentation may be updated from time to time and there is no undertaking by MSTI to post any
                                 such amendments or supplements on this presentation.

                                 The Company will not be responsible for any consequences resulting from the use of this
                                 presentation as well as the reliance upon any opinion or statement contained herein or for any
                                 omission.



PT. Mastersystem Infotama Tbk.
Page 3
PT. Mastersystem Infotama Tbk.


Company Journey Highlights
           1994                          1996 - 1999                        2004                            2012                        2013 – 2014

    Established as a PC          Began Network and System         Became Cisco Gold Partner &            Achieved                  Began Security Analytics
        Distributor                 Integration Business              HP First Tier Partner        Rp 1T Sales Milestone         and Contact Center Business




            2021                        2019 – 2020                          2018                      2016 – 2017                          2016

1. Began Public Cloud business   1. Won APJC Award as Cisco           Focus on Next – Gen        1. Cisco Partner of the Year       Achieved Rp 2T Sales
   by partnership with AWS &                                           Technologies (IOT)       2. F5 Top Territory Partner of           Milestone
                                  ASEAN Partner of the Year
         Google Cloud
                                 2. Start to create Own IP : MS                                       the Year – ASEAN
 2. Cisco ASEAN Partner of the
                                     Insight, MSXperience                                       3. Vmware Solution Provider
        Year (2nd in a row)
3. 3 Place in the Cisco World
     rd                                                                                               Partner of the Year
           Challenge                                                                              4. Cloudera Partner of the
    4. Achieved Rp 3T Sales                                                                                  year
           Milestone



                                             2022                            2023                           2024

                                 1. Cisco ASEAN Partner of         1. IPO 8 November 2023         1 .Began AI business by
                                    the Year (3rd in a row)        2. Cisco ASEAN Partner         Partnership with NVIDIA
                                                                                                 2. Awarded as the Fastest
                                  2. Partnership with IBM          of the Year (4th in a row)
                                                                                                    Growing New Public
                                                                   3. Achieved Rp 4T Sales       Company (Warta Ekonomi)
                                                                           Milestone              3. Achieved Rp 5T Sales
                                                                                                         Milestone
Page 4
 PT. Mastersystem Infotama Tbk.




                                  Range of Solutions
Mastersystem builds a comprehensive infrastructure network with various supporting solutions that will provide
the customer an end-to end solutions for their business


                Data Center and
                                                  Enterprise                  Digital Business
                     Cloud
                                                Collaboration                  Management
                 Infrastructure



                                                  Adaptive
                   Big Data &
                                                   Security                   Telco Network
                   Analytics
                                                Architecture
Page 5
 PT. Mastersystem Infotama Tbk.




                    Partnership with Principals
Mastersystem establish partnership with principals who offer the best solutions to our customer. As Masterystem
strengthens its position in the Indonesian ICT market, we are able to select from a wide variety of principals,
enabling us to broaden our solution portfolio and meet the needs of our customers.
Page 6
  PT. Mastersystem Infotama Tbk.




                                                                                      Awards
Mastersystem is the key partner of numerous global ICT principals in Indonesia, enabling it to maintain its strong
position in the industry by being involved in landmark projects within the country. In 2024, Mastersystem has
received numerous awards from principals.




Cisco APJC Commercial Partner of The Year   Cisco Partner Innovation Challenge APJC    Gigamon APAC Partner of The Year            F5 indonesia Partner of The Year           IBM Top Indonesia PLG for Data & AI
                                                        Regional Winner




                                                                                                                                                                            Warta Ekonomi: The Fastest Growing New
    DELL Best Solution Partner Award               Fortinet Best FSI Partner          Cloudera Strategic Partner of the Year   Pure Storage Portfolio Partner of the Year
                                                                                                                                                                             Public Company 2024 in Networking
                                                                                                                                                                                      Equipment Industry
Page 7
PT. Mastersystem Infotama Tbk.




                                               Growth Strategies
          Existing Core Infrastructure Solutions                                                  New Solutions Offering
   1. Continuous upgrade and refreshment of existing customer infrastructure   1. Generative AI
   system and digital transformation by empowering multi cloud solutions.
                                                                               New solutions with Gen AI capabilities to assist companies in all industries in
                                                                               using data to derive insights to automate processes, add or augment
   2. Enterprise Infrastructure enhancements and upgrade to support the
                                                                               capabilities, and better decisions making.
   growth of the existing infrastructure network and increasing threat of
   cybersecurity.
                                                                               2. Data Privacy & Protection (PDP)
   3. Cross-selling and upselling existing core solutions and new innovative
                                                                               New solutions adoption such as Data Privacy Protection for empowering
   solutions to existing customers base with objective to increase the
                                                                               PDP Law, Cloud Native and API Protection.
   company wallet share

   4. Expand current sales team with to develop small-medium-enterprise        3. Hybrid Multi Cloud
   (SME), manufacturing and public sectors                                     New solution adoption such as Multicloud managed services, to improve
                                                                               customer IT strategies on flexibility, scalability, cost efficiency and enhance
   5. Continual push for maintenance for subscribing and non-subscribing       innovation.
   customers
Page 8
PT. Mastersystem Infotama Tbk.




                                 REVENUES      EBITDA        NET INCOME
                                 Rp 5.36T    Rp 0.7T         Rp 0.53T
                                    27.6%        9.28%           18.31%
                                    YoY          YoY             YoY
Financial Highlights
Full Year 2024

                                   ROE      Debt to Equity   Current Ratio
                                  26%         0.44X             3.5X
                                    2 ppt        0.14X            0.73X
                                    YoY          YoY              YoY
Page 9
PT. Mastersystem Infotama Tbk.
                                                                                                                       In Rp Billions

                                                                                                                         5,361


Strong Revenues                                                                                               +27.6%      474

Growth                                                                                           4,201
                                                                                                                          295


                                                                                                                          894
                                                                           3,510                   426


                                                       3,114                                       522
                                 2,897                                      360

                                                        252
Data Center & Cloud              205
                                                        523
                                                                            898
                                                                                                   656


Infrastructure and               477
                                  148                   274
                                                                            282
Adaptive Security                                                                                                        3.698

Architecture solutions are                                                                        2.597

the major contributors to        2.067                2.065                1.970


Mastersystem’s revenues
growth for full year 2024
of 27.6%.                        2020                 2021                 2022                   2023                   2024
                                 Data Center & Cloud Infrastructure   Adaptive Security Architecture      SP Routing     Others
Page 10
PT. Mastersystem Infotama Tbk.

                                                                                                                 In Rp Billions


                                                                                                                   5,361

Revenues by                                                                                          +27.6%
                                                                                                                     285


Accounting                                                                                                           698


Segments
                                                                                         4,201

                                                                                          234
                                                                      3,510                                         1.225
                                                                                          585
                                                    3,114              253
                                 2,897

Hardware and software             139
                                                     156
                                                    375
                                                                       468
                                                                                         1.008

contributes to 81.6% of          378
                                                                       662
                                                    688
the total revenues for full      774

year 2024.                                                                                                          3.153

                                                                                         2.374
                                                                      2.127
                                                    1.895
                                 1.606




                                 2020               2021              2022               2023                      2024
                                         Hardware      Software   Maintenance Services   Installation Services
Page 11
PT. Mastersystem Infotama Tbk.

                                                                                                         In Rp Billions


                                                                                                           5,361

Revenues by
                                                                                                 +27.6%
Industry Sectors                                                                                             15%
                                                                                                                          2%
                                                                                       4,201
                                                                                                                          2%

                                                                    3,510               16%
                                                                                                2%
                                                                                                            26%
                                                 3,114
                                 2,897                              14%                         3%
                                                                             3%
Financial Services and                           15%
                                                          3%                            25%
                                                                              3%
Telecommunication                21%                     2%
                                                                    33%
sectors are the major            8%
                                         2%      29%


contributor to                   23%
                                                                                                            55%

Mastersystem revenues.                                                                  55%

Both contribute between          46%
                                                 51%                47%


69% - 81% of total full
year revenues.                   2020           2021                2022               2023                 2024
                                          FSI   Telecommunication   Public Sector   Oil & Gas   Others
Page 12
PT. Mastersystem Infotama Tbk.

                                                             In Rp Billions




High Ebitda Growth




Mastersystem’s Ebitda
has been consistently                                 641
                                                                   702


increased with a CAGR of                       589


13.8%, mainly driven by          418
                                        464


increase in revenues.



                                 2020   2021   2022   2023       2024
Page 13
PT. Mastersystem Infotama Tbk.

                                                             In Rp Billions




High Net Income
Growth



Mastersystem’s Net
Income has been                                                  530


consistently increased                         399
                                                      448


with a CAGR of 14.1%,             313   327

mainly driven by increase
in revenues.

                                 2020   2021   2022   2023      2024
Page 14
PT. Mastersystem Infotama Tbk.

                                                                                                                     In Rp Billions

                                 3.500                                                                                                  4,0


Liquid Assets                                                                                                                     3,5


And High Current
                                                                                                                                        3,5
                                 3.000

                                                                                                          2,8
Ratio                            2.500
                                                                                                                                        3,0


                                             2,3
                                                                    2,0                   2,1
                                                                                                                    2.873
                                                                                                                                        2,5
                                 2.000                                                          2.859


Mastersystem’s assets                                                           2.103
                                                                                                                                        2,0


are mostly current assets
                          1.500
                                                            1.715
                                          1.665                                                                                         1,5

comprising 89% - 93% of 1.000
the total assets. Current                                                                                                               1,0


Ratio are between 2.1X to 500                                       850
                                                                                        1.020           1.038
                                                                                                                            825
                                                                                                                                        0,5
3.5X.
                                                  718



                                    -                                                                                                   -
                                            2020              2021               2022              2023               2024
                                         Current Assets   Current Liabilities    Total Assets   Total Liabilities   Current Ratio
Page 15
PT. Mastersystem Infotama Tbk.




Low Debt to Equity
Ratio



Mastersystem’s Debt to
Equity ratio has been less
                                        0,91   0,88


than 1X where between
                                 0,76



0.44X to 0.91X during the                             0,58


last five years.                                             0,44




                                 2020   2021   2022   2023   2024
Page 16
PT. Mastersystem Infotama Tbk.




Lucrative Return on
Equity



Mastersystem’s return on
equity during the last 5         33%
                                        31%
                                               36%



years were above 25%. In                              28%
                                                             26%

2024, the return was
lower driven by higher
equity as a result of
additional fund from IPO.
                                 2020   2021   2022   2023   2024
Page 17
Thank You

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